2009 Press Releases

Emerging market city economies set to rise rapidly in global GDP rankings

Friday, November 6, 2009

Moscow has significantly jumped from 25th to 15th since 2005 due to new data being available from the World Bank on the percentage share of Moscow in total Russian GDP

The scene is set for a wave of M&A activity in the European financial services market, according to PwC

Friday, October 30, 2009

The first half of 2009 saw extremely low levels of European financial services M&A activity however, as we move towards and into 2010, an increase in deal activity is on the cards.

PricewaterhouseCoopers is the world’s second most attractive employer for business students, says Universum

Thursday, October 29, 2009

PricewaterhouseCoopers has earned the second spot on Universum’s list of ‘The World’s Top 50 Most Attractive Employers’ for business students.

PricewaterhouseCoopers ranked as Financial Advisory firm of the year in Eastern Europe and Financial Due Diligence Advisor in Russia

Thursday, October 29, 2009

ACQ Finance Magazine, a publication designed to help its readers make the most of their deals, has ranked PricewaterhouseCoopers (PwC) as the best firm in two nominations: Financial Advisory firm of the year 2009 in Eastern Europe and Financial Due Diligence Advisor of the year 2009 in Russia.

Asia represents the best growth prospects for retailers and consumer-products companies

Monday, October 26, 2009

For retail and consumer-products companies, most of Asia continues to present growth opportunities, albeit at a slower rate, according to a PricewaterhouseCoopers report.

PricewaterhouseCoopers posts FY2009 global revenues of US$26.2 billion

Tuesday, October 6, 2009

PricewaterhouseCoopers today disclosed that total gross revenues from operations for its worldwide network of member firms rose marginally at constant exchange rates for the fiscal year ended 30 June 2009, a resilient performance in consistently tough economic circumstances. However, adjusted for foreign exchange fluctuations, particularly the strengthening of the US dollar, PwC's FY2009 network revenues were US$26.2 billion, a decline of 7.1 per cent from the previous 12-month period.

Guide to investment. Krasnodar Region

Sunday, September 20, 2009

Please find enclosed the seventh instalment of the Guide to Investment series: the Krasnodar Region. The guide sheds light on the general economic position of the Krasnodar Region, one of Russia’s most rapidly developing areas.

Mid market M&A: slowdown or growth?

Monday, September 14, 2009

According to the PricewaterhouseCoopers survey "Sustainable prospects: mid-market M&A in Russia in 2008-1HY2009, the share of mid-market M&A deals as compared to the overall M&A deal value in Russia grew steadily between 2007 to 2009 from 18% in 2007 to 31% in 2008 and to 36% in the first half of 2009.

Growth in personalised medicine to drive alliances between diagnostic and pharmaceutical industries

Tuesday, August 25, 2009

The growth of personalised medicine, which aims to better target treatments to patients, is expected to increase the number of alliances between diagnostic and pharmaceutical businesses, according to a new

Deal Value in the Metals Sector on Pace to Exceed 2008 Totals by 85%, According to PricewaterhouseCoopers

Monday, August 24, 2009

The number of deals announced in the global metals industry during the second quarter of 2009 declined from the first quarter and remained far below the pace of 2008.

Interview with PricewaterhouseCoopers Chairman Dennis Nally during the summit between the heads of state of Russia and America in Moscow

Thursday, August 6, 2009

During the summit between Presidents Dmitry Medvedev and Barack Obama, Dennis Nally gave a number of interviews to the Russian media on a range of issues.

PricewaterhouseCoopers presented a review of the Russian automotive market in the first half of 2009 called “Battling the crisis”

Tuesday, July 21, 2009

The negative effect of the global crisis on the Russian automotive market was one of the most pronounced in the world because of the market’s rapid growth in the preceding period and the rouble’s significant devaluation.

Redefining the Way to Deliver Trusted Advice

Tuesday, July 14, 2009

Private banks and wealth managers have seen their profits plummet in the wake of unprecedented financial turmoil, investment scandals and decline in world wealth, according to a new report published today by PricewaterhouseCoopers.

Global forest, paper and packaging earnings slide deep into the red

Tuesday, July 7, 2009

The Top 100 Forest, Paper and Packaging (FPP) companies from around the world saw net income tumble from positive $13.8 billion in 2007 to record losses of $8.0 billion in 2008, the first time this metric has been negative since 1996.

PricewaterhouseCoopers Announces Russian Center for Technology and Innovation

Monday, July 6, 2009

As Presidents Dmitry Medvedev and Barack Obama convene for an historic summit in Moscow, PricewaterhouseCoopers announced today the creation of a Russian Center for Technology and Innovation.

Surviving in the 21st century – the outlook for newspaper publishing in the digital age

Monday, May 4, 2009

The global newspaper publishing industry is in a state of turmoil as advertising revenues plummet, broadband penetration increases and a plethora of new devices for delivering digital content hit the marketplace. However, through this period of uncertainty those in the industry who embrace the challenges of a changing marketplace will survive.

Forest, paper and packaging industry deal values fall by a quarter

Wednesday, April 29, 2009

According to a new report by PricewaterhouseCoopers (PwC), total deal value in the forest, paper and packaging (FPP) sector fell 23% to US$21.3bn in 2008, down from US$27.6bn in 2007.

Established automakers suffering the greatest pain

Thursday, April 23, 2009

Global light vehicle output now stands at 54.9 million units - the lowest year since 2001 according to a paper by PricewaterhouseCoopers. In 2001 the BRIC countries accounted for only 5.1 million units (9% of the total), whereas this year, they represent 13.8 million (25%).

PricewaterhouseCoopers advises on the sale of Grand

Wednesday, April 22, 2009

PricewaterhouseCoopers (PwC) and its M&A Lead Advisory team announces the signing of the project, which occurred in March 2009. The project refers to the sale of a majority stake of 51% in the equity of Grand, a Russian coffee and tea business, to Tata Tea Ltd. and EBRD.

Dot com diet keeps telecoms in good shape

Monday, April 20, 2009

The Telecoms mergers & acquisitions (M&A) market has recalled the lows of the early 2000s with deals values falling 95% over the last two years, a PricewaterhouseCoopers report, Telecoms M&A Insights 2009, reveals.

PricewaterhouseCoopers has opened a new office in Vladikavkaz

Friday, April 17, 2009

Today the audit and consulting firm PricewaterhouseCoopers (PwC) officially opened its office in Vladikavkaz. The office, located in the administrative centre of the Republic of North Ossetia-Alania, will be PwC’s first office in the South Federal District

Double-digit volume declines in major markets as auto manufacturers struggle to maintain solvency

Tuesday, April 14, 2009

Overall economic and automotive industry uncertainty has contributed to the decline of automotive M&A deal volume and value in 2008, according to PricewaterhouseCoopers' report, Automotive M&A Insights. Following a remarkable deal market in 2007, closed deal volume declined 9% to 549 transactions in 2008 compared to 604 the previous year.

Metals deal-making goes from steep to deep according to PricewaterhouseCoopers report

Tuesday, April 14, 2009

After forging ahead in previous years, metals industry deal-making fell away sharply in 2008 as world demand fell and prices plummeted according to ‘Metals Deals 2008’, PwC’s annual review of the metals industry.

Total Tax Contribution in the mining sector

Thursday, April 9, 2009

PricewaterhouseCoopers LLP (PwC) have carried out a first study of income and non-income taxes ever prepared by anyone for the mining industry on a global basis.

PricewaterhouseCoopers named Russian Lead Financial Advisor for the year 2009

Wednesday, April 8, 2009

Acquisitions Monthly Magazine, the premier source for international news, features and analysis relating to the M&A and buyouts industry, has named PricewaterhouseCoopers Lead Financial Advisor for the year 2009.

Government involvement drastically reshapes the landscape of European financial services M&A

Tuesday, April 7, 2009

Deal dynamics have changed tremendously and are now dominated by haste, opportunism and government involvement, the latter of which has dramatically changed the dynamics of European M&A activity, most markedly in terms of the types of transactions that have taken place.

PricewaterhouseCoopers Ranked as Global Leader in Business Advisory Services and Management Consulting

Thursday, March 26, 2009

Kennedy Consulting Research & Advisory, the leading research and advisory firm, has ranked PricewaterhouseCoopers number one in Business Advisory Services and Management Consulting in its Global Consulting Marketplace 2008-2011 report. PwC was also placed third in the Human Resources Consulting practice area according to the study.

Wilfried Pototschnig appointed deputy head of M&A Lead Advisory, PricewaterhouseCoopers Russia

Thursday, March 26, 2009

Wilfried Pototschnig will join the Corporate Finance Department, M&A Group at PricewaterhouseCoopers Russia.

Dennis M. Nally Selected As Global Chairman of PricewaterhouseCoopers

Thursday, March 19, 2009

Dennis M. Nally has been elected Chairman of the PricewaterhouseCoopers International Network for a four year term beginning on July, 1, 2009.

Despite ‘no big deal’ 2009 promises more media M&A activity

Tuesday, March 17, 2009

Following the dizzy heights of 2007 M&A activity, last year the European media sector experienced a dearth of mega-deals, as the aggregate value of transactions fell 66% to €17bn from €50bn in 2007 – PricewaterhouseCoopers LLP reveals.

The year of the ‘no deal’ in mining sector says PricewaterhouseCoopers report

Wednesday, March 11, 2009

Following two years of record M&A activity, 2008 has turned out to be a year of extremes, according to Mining Deals* 2008, the annual review by PricewaterhouseCoopers of mining sector M&A activity.

PricewaterhouseCoopers signs agreement of cooperation with Krasnodar Region government

Tuesday, March 10, 2009

agreement of cooperation, Krasnodar Region, government, Gerendasi, Tkachev

Men as much as ever are running Russian business

Friday, March 6, 2009

In the run up to International Women's Day, PricewaterhouseCoopers presents its third annual “Career opportunities for women in business" survey

Wireless Carriers Risk Greater Revenue Leakage, Finds PricewaterhouseCoopers

Wednesday, March 4, 2009

The current role of the pharmaceutical industry’s sales and marketing workforce will be replaced by a new model over the next ten years as the industry shifts from a mass-market to a target-market approach to increase revenue, according to a new report published by PricewaterhouseCoopers (PwC).

Insurance Sector in Russia is Pessimistic About Macro-Economic Outlook

Thursday, February 26, 2009

Insurance Banana Skins poll pinpoints key crisis concerns for insurance sector. A rise in fraud is the first in rating among the operational risks defined by the Russian respondents

Oil and gas deals follow oil price over the cliff says PricewaterhouseCoopers report

Tuesday, February 24, 2009

Deal value reduced progressively throughout 2008 before following the oil price over the cliff in the final quarter as the financial crisis intensified and economic conditions deteriorated.

Aerospace and defence deals take a nose dive in 2008 according to PricewaterhouseCoopers report

Thursday, February 19, 2009

Aerospace and defence (A&D) deal-making stalled in 2008 as companies and investors faced new market realities according to ‘Aerospace & Defence Deals* 2008’ the annual review of merger and acquisition activity in the global aerospace and defence industry, by PricewaterhouseCoopers.

Wireless Carriers Risk Greater Revenue Leakage, Finds PricewaterhouseCoopers

Thursday, February 19, 2009

Declining capital expenditure investments, resulting from the economic downturn, combined with new revenue streams and the roll-out of next-generation platforms are accelerating the risk of revenue leakage for wireless carriers, according to a new PricewaterhouseCoopers report: Beyond the Horizon: 2008 Global Wireless Industry Survey.

Moscow remains in top ten for investor attractiveness

Wednesday, February 18, 2009

Amid a pan-European downturn, Moscow remains in top ten and moves to sixth place in 2009 for European real estate investment prospects, according to the highly regarded real estate forecast, Emerging Trends in Real Estate Europe 2009. Despite the minor moving down the rankings, Moscow real estate continues to hold investors’ interest, with one respondent commenting: “Russia will remain number one throughout Europe over the next five-year period.”

Wind and solar powering renewables M&A activity says PricewaterhouseCoopers report

Thursday, February 12, 2009

Strong M&A growth in wind and solar power sector is adding to renewable energy deal momentum, according to a new analysis of deal making in the industry published by PricewaterhouseCoopers today.

The Day After Tomorrow

Tuesday, February 10, 2009

Financial services will adapt to its new world with significant changes to its traditional models argues a new PricewaterhouseCoopers paper

PricewaterhouseCoopers has opened a new office in Ekaterinburg

Friday, February 6, 2009

Today in Ekaterinburg, the capital of the Urals Federal District, audit and consulting firm PricewaterhouseCoopers Russia has officially opened its sixth office.

PricewaterhouseCoopers Celebrates 75 Years of Safeguarding Hollywood’s Best Kept Secrets

Wednesday, February 4, 2009

In anticipation of the upcoming 81st Annual Academy Awards, PricewaterhouseCoopers (PwC) today celebrates its 75th anniversary of counting the Oscars® ballots on behalf of the Academy of Motion Picture Arts and Sciences.

Final conference of an EU-funded project Transition to IFRS in the banking sector

Monday, February 2, 2009

30 January at 14.00 the conference “Key IFRS Reporting Issues in a Challenging Market Environment” was held at the hotel Olympic Penta Renaissance in Moscow to mark the closure of a 4-mln euro project "Transition to IFRS in the Banking Sector" funded by the European Union.

Cracking the code to success

Thursday, January 29, 2009

“Convergence Monitor: Personal Mobility”, is the third in a series of surveys by PricewaterhouseCoopers focusing on the new connected consumer and looks at the changes driving and enabling personal mobility and the resulting challenges faced by service providers, equipment manufacturers and application developers.