International auditing and financial advisory company Grant Thornton has strengthened its position in Hungary through the purchase of a majority stake in Valuation Partners and through the establishment of Grant Thornton Valuation Kft., according to a press release issued today.
“We are happy to see that there is a growing demand for advisory services among the companies in the CEE region. That is the reason why Grant Thornton wishes to further strengthen its growing regional role by expanding its advisory services,” said Waltraud Körbler, CEO of IB Grant Thornton Consulting Ltd., during a press conference held yesterday, the press release noted.
The company’s main focus remains on the valuation of property and assets; providing technical advisory, property and investment consulting related to project financing; as well as transfer pricing. These activities are enhanced by its corporate finance services line.
Grant Thornton Hungary refers to all companies operating in Hungary under the Grant Thornton umbrella including IB Grant Thornton Consulting, IB Grant Thornton Audit Kft., Grant Thornton Valuation Kft. and Corporate Finance Kft. Grant Thornton has been present in Hungary since 1991.