Listed below are our current releases.
| Financial services industry saves 9 billion dollars on offshoring |
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27 August 2007 |
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Offshoring has saved the financial services industry an estimated 9 billion USD in the last year, according to the latest “Global Financial Services Offshoring1” report by Deloitte. India is still the prime location for global offshoring, but is in danger of losing this position to China. The industry’s savings have risen exponentially. In 2003 the average number of staff employed offshore was 150, and the whole industry was saving a “modest” 500 million USD. Today, however, the average number of staff... |
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| The rising value of deals is luring new investors to Central Europe |
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25 July 2007 |
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According to the most recent Deloitte Central Europe Private Equity Confidence Survey, 2007 is a great year for Private Equity in the region. Index figures indicate peaking expectations regarding the market, which are confirmed by activities of private equity funds in the region. Similarly to the record breaking pace of global buyout markets, Central Europe also experienced acquisitions of recognized national brands by private investors in the first half of 2007. “The rising value of deals is luring new funds to enter the market,” said Garret Byrne, the Partner who leads Deloitte’s M&A Transaction Services in Central... |
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| How to attract the Internet generation to factories |
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12 July 2007 |
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The future success or failure of the manufacturing companies in the near future will depend on their adaptation towards the members of Generation Y, stresses Deloitte’s latest Global Manufacturing Industry report entitled “Managing the Talent Crisis in Global Manufacturing: Strategies to Attract and Engage Generation Y”. Generation Y is defined as people born between 1982 and 1993, who are entering the workforce for the first time. The report estimates that by 2025, 40 to 60 percent of the world’s most... |
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| Combination products are changing the life sciences industry |
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04 July 2007 |
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Motivated by scientific advances, consumer demand, and market pressures, companies in all sectors of the life sciences industry have already created a full spectrum of combination products, created through convergence of drugs, devices and diagnostics. A new Deloitte Research report, “Managing Pathways to Convergence in the Life Sciences Industry” defines why the development of such products creates new opportunities for business growth in life sciences sector. The research examines several examples from industry... |
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| Competitors as the most important source of educated experts |
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26 June 2007 |
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As many as 72 percent of East European companies plan to compensate for the lack of educated experts through the recruitment from their competitors. The joint study for the East European region “Aligned at the Top”, by Deloitte and Economist Intelligence Unit, uncovers this and other trends in the human resource sector management today.1 Human resoruce management has significant impact on the formation of business strategies in just 25% of the East European companies. HR departments are not... |
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| Fast growth in Central European banking sector |
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12 June 2007 |
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The growth potential of the retail banking sector in the countries of Central Europe remains high. This in turn provides an attraction for foreign investors who try to get a firm foothold on these markets. Success stories confirm the fact that foreign capital is still welcomed in the retail banking sector of Central European countries. The Central European retail banking sector continues to grow and it is projected to maintain this momentum in the upcoming years mainly thanks to growth in the traditional CE markets such as Poland, as well as areas like Russia, Ukraine and the Balkans which are making huge strides in... |
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| European football market grows 9% to €12.6 billion |
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31 May 2007 |
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Deloitte’s latest Annual Review of Football Finance, released today, reports on the growth of the European football market and the overall improvement in the finances of the clubs in Europe’s ‘big five’ leagues. Dan Jones, Partner in the Sports Business Group at Deloitte, commented: “Revenue growth amongst the 'big five' leagues and the successful World Cup in Germany helped drive up the total revenue of the European football market to... |
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| Airlines face 600 million USD fraud loss |
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25 May 2007 |
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Airline fraud is costing the industry over 600 USD million a year, and low budget carriers, due in part to the high number of airline tickets they sell online, face the heaviest losses. A new reserarch Airline Fraud Survey 20061, undertaken by Deloitte and the IAAIA (International Association of Airline Internal Auditors), shows that 80% of airlines participating in the survey have experienced fraud in the last 12 months. Deloitte found the average airline losed USD 3 million in 2006 to fraud. The number... |
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| Ongoing evolution, growth and compliance issues in the insurance industry |
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22 May 2007 |
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Deloitte announces one if its latest though leadership pieces under the title Global Insurance Industry Outlook 2007: Issues on the Horizon. The report comes for the 10th year in a row and reveals that insurance companies are to continue evolving at an even accelerated pace, dealing with regulatory and compliance issues as well as struggling to keep up with the increasing customer needs. Deloitte study offers an analysis and perspective on the key issues facing the industry today. While many of these issues are not new, they continue to remain at the forefront of the executive agenda, and in many cases, are rapidly changing –... |
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| CEOs still in the dark about the overall health of their companies |
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14 May 2007 |
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Three quarters of board members and CEOs say that financial indicators alone do not adequately capture their company’s strengths and weaknesses, shows the second edition of the Deloitte Touche Tohmatsu survey, “In the Dark: What many boards and executives still don’t know about the health of their businesses” developed in conjunction with the Economist Intelligence Unit. Due to the lack of quality information on non-financial indicators, many board members and senior executives are still in the dark regarding the overall health of their companies. “The attitudes of CEOs toward understanding the value... |
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