(c) 2008 PricewaterhouseCoopers. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity. All rights reserved. http://www.pwc.com/extweb/home.nsf/docid/36ed94e5e50aacc580257172002aeea7?WT.ac=RSS News by PricewaterhouseCoopers Russia en-us http://www.pwc.com/images/topnav/pwc.gif http://www.pwc.com/extweb/home.nsf/docid/36ed94e5e50aacc580257172002aeea7?WT.ac=RSS Tue, 30 Jun 2009 16:00:00 GMT http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/1FA4A81D85E0A37D802575E500272100?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/1FA4A81D85E0A37D802575E500272100 Tue, 30 Jun 2009 16:00:00 GMT In spite of the current economic downturn, emerging markets are key to the success of retail and consumer multinationals. Large-scale investments have been made in these countries with the expectation of significant growth, and there is intense pressure to deliver on growth targets, according to a new report Building to win: How multinationals are structuring to compete in emerging markets, produced by PricewaterhouseCoopers in cooperation with the Economist Intelligence Unit. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/75DA7D6FF4E17E42802575DF0048FF4F?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/75DA7D6FF4E17E42802575DF0048FF4F Tue, 16 Jun 2009 15:00:00 GMT This sixth edition of Mine, the annual report ‘Mine 2009: When the going gets tough…’ reviewing global trends in the mining industry, says that despite the impact of the downturn, the results for the year to 31 December 2008 were strong, but operating costs continue to erode profit margins which presents a tough road ahead, requiring companies to control costs and be flexible. This report provides a comprehensive analysis of the financial performance and position of the global mining industry as represented by the largest Top 40 mining companies by market capitalisation. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/F11C88B4AA4A0F1F802575D20046E032?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/F11C88B4AA4A0F1F802575D20046E032 Mon, 15 Jun 2009 15:00:00 GMT The 2009 St Petersburg International Economic Forum was held between 4 and 6 June. Dennis Nally, Chairman of the Global PricewaterhouseCoopers (PwC) Network, attended the event together with a delegation of PwC partners operating in Russia. Dennis took part in a plenary meeting entitled “Risk management in the post-crisis financial system” and was also involved in other sessions of the event, including holding high level meetings with government officials and leading figures from Russian business. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/4EB1DD57B5C7B891802575BA0037B187?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/4EB1DD57B5C7B891802575BA0037B187 Mon, 18 May 2009 17:00:00 GMT Utility companies face a difficult challenge as they balance the constraints of the downturn with the investment required to meet future energy demand, security of supply, and climate change concerns. PricewaterhouseCoopers’ 2009 Utilities Global Survey, A World beyond Recession, highlights the dilemmas of steering through the downturn while remaining focused on the long–term. The annual survey goes to the heart of boardroom thinking of 65 leading power companies in 39 different countries around the world. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/BDA7A6BF69EFCC56802575B5003CED65?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/BDA7A6BF69EFCC56802575B5003CED65 Wed, 13 May 2009 21:30:00 GMT Even the largest pharmaceutical companies will soon need to step outside their sector and collaborate with other organisations, according to new research by PricewaterhouseCoopers (PwC). Recently announced activity such as GSK and Pfizer’s new HIV-focused venture confirms that pharmaceutical companies are exploring new ways to collaborate. http://www.pwc.com/extweb/pwcpublications.nsf/docid/C1CE87CE5CCF81FC802575B500405896?WT.ac=RSS http://www.pwc.com/extweb/pwcpublications.nsf/docid/C1CE87CE5CCF81FC802575B500405896 Wed, 13 May 2009 15:30:00 GMT We are pleased to present a survey of the current state of the internal audit function in Russian banks, performed by the Institute of Internal Auditors together with PricewaterhouseCoopers in 2008. http://www.pwc.com/extweb/pwcpublications.nsf/docid/052C620D7C9D0168802575B5004DF099?WT.ac=RSS http://www.pwc.com/extweb/pwcpublications.nsf/docid/052C620D7C9D0168802575B5004DF099 Wed, 13 May 2009 14:50:00 GMT In the space of the past 12 months, utility companies have found themselves in a very different world with a series of momentous events — the collapse of giants of the banking system, the credit and wider financial crisis, the reversal in demand and price growth, and outright recession in many major markets. http://www.pwc.com/extweb/pwcpublications.nsf/docid/091BE48F9F28D9B4802575B50027718A?WT.ac=RSS http://www.pwc.com/extweb/pwcpublications.nsf/docid/091BE48F9F28D9B4802575B50027718A Wed, 13 May 2009 14:30:00 GMT The fourth in PricewaterhouseCoopers’ Pharma 2020 series, this report explores how a pharmaceutical company's fully integrated business model may not be the best option for the industry in 2020 and why more creative collaboration models may be more attractive. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/9F145712A69E09AB802575B4004A3F3F?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/9F145712A69E09AB802575B4004A3F3F Wed, 13 May 2009 14:00:00 GMT The International Association of Outsourcing Professionals, the global standard setting organization and advocate for the outsourcing profession, has ranked PricewaterhouseCoopers (PwC) first on its list of the “World's Best Outsourcing Advisors”. http://www.pwc.com/extweb/pwcpublications.nsf/docid/DFA68594C9E207CA802575AC004618D4?WT.ac=RSS http://www.pwc.com/extweb/pwcpublications.nsf/docid/DFA68594C9E207CA802575AC004618D4 Thu, 12 May 2009 14:00:00 GMT PricewaterhouseCoopers is pleased to invite you to take part in the annual General industry compensation survey. For 12 years the results of the survey have provided a comprehensive source of information on salary levels and benefits which can be used when building a consistent and up-to-date compensation strategy and system. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/3BA653190B976C5D802575A10041074A?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/3BA653190B976C5D802575A10041074A Fri, 24 Apr 2009 13:30:00 GMT 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%). http://www.pwc.com/extweb/ncpressrelease.nsf/docid/41126A32B6035A3A802575A000298843?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/41126A32B6035A3A802575A000298843 Wed, 22 Apr 2009 15:30:00 GMT 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. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/CA4607A969496EDB80257598003088EA?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/CA4607A969496EDB80257598003088EA Tue, 14 Apr 2009 14:30:00 GMT 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. The disclosed value dropped 45% to $31.6 billion in 2008 from $57.1 billion in 2007. The lack of available financing forced acquirers to stay on the sideline or shift focus and execute smaller transactions. However, industry restructuring — especially if it is linked with increasing access to financing — may encourage deal flow to return. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/8D10FB063CB6DD1180257593002915E0?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/8D10FB063CB6DD1180257593002915E0 Thu, 09 Apr 2009 14:00:00 GMT PricewaterhouseCoopers have carried out a first study of income and non-income taxes ever prepared by anyone for the mining industry on a global basis. Total Tax Contribution is the study of the taxes and other contributions paid by a number of large listed companies in the mining sector. The purpose of the study is to provide greater transparency over the overall contribution of Mining companies to the public finances of the countries where they operate. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/29A7B77F7BDE798780257592004A6160?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/29A7B77F7BDE798780257592004A6160 Wed, 08 Apr 2009 20:30:00 GMT Acquisitions Monthly Magazine, the premier source for international news, features and analysis relating to the M&A and buyouts industry, has named PricewaterhouseCoopers (PwC) Lead Financial Advisor for the year 2009. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/353990A0CB0B2EAC8025757E002CF8E6?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/353990A0CB0B2EAC8025757E002CF8E6 Thu, 18 Mar 2009 18:30:00 GMT Dennis M. Nally has been elected Chairman of the PricewaterhouseCoopers International Network for a four year term beginning on July, 1, 2009. PwC member firms worldwide ratified the selection of Mr. Nally, 56, by the PricewaterhouseCoopers Global Board. Samuel A. DiPiazza, Jr., the current Chairman announced last November that he was retiring after a 35 year career with the firm. He will remain with PricewaterhouseCoopers for a transition period and will formally retire from PwC later in 2009. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/67B000C9216701AB8025757C00447E5D?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/67B000C9216701AB8025757C00447E5D Wed, 17 Mar 2009 18:30:00 GMT 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 (PwC) reveals today. http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/3AA30B7EDCEDD457802575760032FF33?WT.ac=RSS http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/3AA30B7EDCEDD457802575760032FF33 Wed, 11 Mar 2009 18:00:00 GMT 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. The earlier part of the year followed the previous year’s buoyant pattern before plunging in a sudden dizzying vortex in the final months. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/35D6883992F1F667802575750054A3AF?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/35D6883992F1F667802575750054A3AF Tue, 10 Mar 2009 18:00:00 GMT Today Alexander Tkachev, head of the Krasnodar Region administration, and Peter Gerendasi, managing partner of PricewaterhouseCoopers in Russia (PwC), signed an agreement of cooperation on actions designed to facilitate the development of a favourable economic, investment and social environment in the region. Such actions are expected to affect all industries in the Krasnodar Region, including priority industries such as agriculture, energy & utilities, resorts and tourism, commercial real estate, and transportation including overseas shipments. http://www.pwc.com/extweb/ncpressrelease.nsf/docid/C001909B2F49E84680257571002D662D?WT.ac=RSS http://www.pwc.com/extweb/ncpressrelease.nsf/docid/C001909B2F49E84680257571002D662D Thu, 05 Mar 2009 18:30:00 GMT In the run up to International Women's Day, PricewaterhouseCoopers presents its third annual “Career opportunities for women in business” survey. The percentage of women taking up management positions rose this year from 30 to 40%. However, there has been no change in the fact that women are more likely to hold management positions that carry a lower level of responsibility than positions held by men. The most common positions occupied by women remain chief accountant (76%), HR director (62%), and marketing director (48%).