Are you sure?

PwC survey of Hungarian CEOs finds optimism

The following is a condensed version of a story published in the print edition for March 13-26.

They may not be so sure about the direction of the world economy, or growth in this country, but company leaders in Hungary express increasing confidence about the growth of the companies that they run, according to PwC’s fourth annual survey of Hungarian CEOs.

The survey found that the percentage of CEO respondents who anticipate global growth in the coming year dropped from 64% last year to 46% this year. And the percentage of those who expect economic growth in Hungary decreased from 55% to 51%. Nonetheless the percentage of CEOs who thought their own firms would grow increased from 72% to 82%.

In all, 170 Hungarian CEOs were interviewed by PwC, between October and December for this annual survey of the sentiment of company leaders in seven key Hungarian industries: automotive, pharmaceutical and health, energy, retail and consumer industries, financial services, telecommunications and media, and manufacturing. PwC has been conducting their global version of the survey for nearly 20 years, and this year some 1,322 CEOs worldwide were questioned.

For the whole publication on the findings of the survey see this link.