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Recent Press Releases

PwC’s second annual Business Book of the Year in Russia Award kicks off today


Moscow, 11 January 2017. Applications to compete in the second annual Business Book of the Year in Russia Award, established by PwC in 2016, will be accepted starting from today on the Crowdspace platform.

Advanced economy growth weak despite record low interest rates, says PwC


Growth in the advanced economies continues to be weak despite record low interest rates, say PwC economists. GDP growth for the G7 in the third quarter of this year averaged 1.4% year-on-year, compared to a long-term growth rate of slightly over 2% per annum.

Private Equity players making the business case for responsible investment


As sustainability issues force their way higher up the corporate agenda, private equity houses (general partners) are now responding to demand from investors (limited partners) for a bigger focus on environmental, social and governance (ESG) factors.

PwC participated in the opening of the market for trading at the London Stock Exchange


On 12 December Igor Lotakov PwC Russia’s Managing Partner and Maxim Timchenko Russia and CEE Oil & Gas Leader at PwC participated in the ceremony of opening the market for trading in London. The event was associated with the 20th anniversary of Tatneft obtaining listing on the London Stock Exchange.

Trade and business uncertainty won’t hold back investment for APEC


Over half the businesses in the Asia-Pacific Economic Co-operation’s (APEC) 21 economies (53%) surveyed by PwC this year plan to increase their investments over the next 12 months. This is despite reporting fragile confidence in prospects for revenue growth over the next year and disappointment with pace of progress on free trade in the region. Russian CEOs are most concerned about raising investment funds at home (56%), or are planning to invest in China (26%), Australia (22%) or Indonesia (22%).

Companies shifting more R&D spending away from physical products to software and services: 2016 Global Innovation 1000 Study


By 2020, companies will have shifted the majority of their R&D spending away from product-based offerings to software and service offerings, according to the 2016 Global Innovation 1000 Study from Strategy&, PwC’s strategy consulting business.

Business leaders anticipate that new technologies will bring greater cybersecurity and competitive advantages


Moscow, November 8, 2016 – There is a distinct shift in how organizations are now viewing cybersecurity, with forward-thinking organizations understanding that an investment in cybersecurity and privacy solutions can facilitate business growth and foster innovation.

Market picks up steam in Q3 with both volume and value seeing an uptick


Technology IPO numbers and proceeds turned in their best performance of the year in Q3, but whether this trend will continue through Q4 depends on how investors respond to the outcome of the US election.

PwC wins ‘Audit Innovation of the Year’ at 2016 International Accounting Bulletin Awards


PwC’s revolutionary data-auditing tool, Halo, has been awarded the prestigious International Accounting Bulletin’s ‘Audit Innovation of the Year’. PwC received the award yesterday in London at the International Accounting Bulletin Forum & Awards.

European IPO market looks set to shrug off uncertainty to reach €25bn in 2016


Despite some post-EU referendum jitters, signs point to an uptick in activity for the IPO market towards the end of 2016 and into 2017, according to PwC’s latest IPO Watch Europe report.

$4.6 trillion logistics industry disrupted by customers, competition and digital


PwC has identified four logistics scenarios exploring possible futures of the industry. In each, technology plays a pivotal role but affects the market differently. In two scenarios, new entrants are the primary driver, while in the remaining two, the incumbents remain dominant.

FY16 global revenues rise to record US$35.9 billion as PwC looks to future


The PwC network reported total global gross revenues of US$35.9 billion for the fiscal year ended on 30 June 2016. At constant exchange rates (local currency), PwC's total global revenues rose by over 7%.

The aggregate ABCI score for 125 Russia’s top companies rose to 64%


PwC presents the second Anti-Bribery and Corruption Index (ABCI) survey, which measures the robustness of compliance programmes across corporate Russia.