EY continues expansion with new office in Pécs

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EY is strengthening its presence in Hungary with a new office in Pécs, becoming the first Big Four firm in Hungary to have three operating branches, according to a press release sent to the Budapest Business Journal.

The new office will open in April, announced Botond Rencz who acts as CSE Central Cluster and Hungary tax leader and country managing partner, Hungary at EY.

"Due to the prolonged coronavirus epidemic, companies face a number of new tasks, which has increased the demand for consulting support. In response to market demand, we are establishing regional centers to help us support our existing and future clients even more effectively. Our aim is to help domestic companies emerge stronger from this transition period," stressed Rencz. "We are opening our third office in Pécs. The city government has created an investor-friendly environment, which will create significant opportunities for EY. In the coming years, we will increase the number of our staff in Pécs."

According to the press release, Pécs attracts domestic and international companies with its excellent location, investment promotion programs, high-quality services, infrastructure, and skilled workforce. Industrial parks in the vicinity of the city are providing space for a wide range of greenfield investments in manufacturing, trade, and logistics.

"We, the leaders of Pécs, were surprised, delighted, and honored when the leaders of EY approached us about opening a branch in Pécs. As we have a strong vision for the future, we attach great importance to investors requiring significant added value and we consider it of utmost importance to support Pécs businesses in all possible areas. We consider the expansion of a prominent member of the Big Four companies in Pécs as a milestone", said Attila Péterffy, Mayor of Pécs. "EY's opening in Pécs is of great importance as it sends an important message to a number of major investors, and it puts Pécs on the international economic map. The opening of the office also strengthens our efforts to keep highly qualified students in Pécs, so we are very happy to welcome EY."

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