Deloitte CIS supports the first Russian blockchain letter of credit transaction
Moscow, Russia, 23 December 2016. Deloitte CIS advised S7 Airlines (PJSC Siberia Airlines) on blockchain technology application, and provided legal support to the project.
On 20 December, S7 Airlines and Alfa-Bank closed a deal with the use of smart contracts.
Currently, many innovative companies are engaged in blockchain technology research and development. However, today we witnessed a practical application of the technology for letter of credit settlements. Only a few similar transactions have been completed globally and this is the first one in Russia...Read more
Deloitte Global announces 2016 Technology Fast 500™ EMEA rankings
Companies average a growth rate of 967 percent; Swedish biometrics company lands the top ranking with 28,126 percent growth
Moscow, 09 December 2016. A company from Sweden tops Deloitte Touche Tohmatsu Limited’s (Deloitte Global’s) Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA). Now in its 16th year, the list is compiled by Deloitte Global’s Technology, Media & Telecommunications (TMT) industry group.
Overall, this year’s Technology Fast 500 list for the region features winners from 28 countries, with an average growth rate of 967 percent. Growth for individual companies on the list ranged from 212 percent to 28,126 percent...Read more
Russians wish to receive money as gift, but their expectations will not come true
Moscow, Russia, 8 December 2016. Deloitte CIS would like to present the findings of our 19th annual international survey of consumer spending over the Christmas and New Year holiday period. Russia participated in the survey for the 10th consecutive year.
The survey presents the analysis of the purchasing power and structure of the surveyed Russians’ holiday budgets, and examines the behaviour of Russian consumers when shopping for holiday gifts as compared to consumers in other countries that participated in the survey...Read more
Russian agroindustry has shown the fastest growth among other industries in the country
Moscow, 7 November 2016 Deloitte CIS presents the findings of our second annual survey on the Current State and Outlook for the Agribusiness in Russia—2016.
The survey analyses the current state of the Russian agroindustry, assesses the government’s efficiency in supporting the agroindustry and determines the key incentives and constraints on agribusiness development in Russia...Read more
Deloitte opens an office in Novosibirsk
Moscow, 21 November 2016—Deloitte CIS is pleased to announce the opening of a new office in Novosibirsk, the 19th in its CIS practice. Deloitte CIS has operated on the Russian market for more than 25 years with offices in Moscow, St. Petersburg, Yuzhno-Sakhalinsk, Ufa and Yekaterinburg and currently employs more than two thousand professionals...Read more
Deloitte announces record revenue of US$36.8 billion
Growth of 9.5 percent. Seventh consecutive year of growth
New York, 07 September 2016 – Deloitte today reported aggregate network revenue of US$36.8 billion for the fiscal year ended 31 May 2016 (FY2016), representing 9.5 percent growth in local currency terms.
“Deloitte’s growth last year is a reflection of the tangible value and high-quality professional services we provide to our clients,” said Punit Renjen, Deloitte Global CEO. “Deloitte takes pride in helping clients succeed in a global business environment marked by volatility and digital disruption and in our role as stewards helping ensure the proper functioning of global financial markets."...Read more
Deloitte CIS announces the launch of legal services for technology projects
Moscow, Russia, 5 September 2016. Deloitte CIS announces that it will start providing legal services for technology projects. This became possible after Deloitte acquired a local law firm, Tolkachev and Partners.
“The development of a digital economy is on the agenda for most of our clients. Technologies like cloud computing, artificial intelligence and driverless vehicles, among others, create enormous opportunities for our clients, but also pose challenges and risks in light of constantly evolving regulations and a high degree of uncertainty. As new regulations always lag behind new technologies and digital business models, a good legal advisor must fully understand the underlying technologies, industry specifics and the regulatory climate to find the best solutions for novel business models...Read more
Deloitte organising Extra Mile charity race for the eighth time
Moscow, Russia, 16 August 2016. Deloitte CIS will organise the annual Extra Mile charity race on 10 September 2016. Last year was record-breaking in terms of the number of participants and the amount of money raised. This year, participating teams will compete in orienteering, race catamarans and launch hand-made aircraft.
Extra Mile is an annual event where participants take a shot at various athletic and non-athletic competitions, including orienteering, river crossing, model aircraft building and much more. All proceeds from the event will go to the Downside Up and Zhivoy charity funds...Read more
United States expected to take top position from China as the most competitive manufacturing country, according to Deloitte report
Moscow, 6 April 2016 – The United States is expected to become the most competitive manufacturing nation over the next five years, with the current leader, China, slipping into second position, according to the 2016 Global Manufacturing Competitiveness Index (GMCI) report from Deloitte Touche Tohmatsu Limited’s (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness (Council)...Read more
Deloitte facilitates investment cooperation between the Ulyanovsk Region and China
Moscow, Russia, 28 March 2016. With support from the Ulyanovsk Region Development Corporation, Deloitte CIS and the government of the Ulyanovsk Region jointly held a round table entitled “Prospects for infrastructural, agricultural and arts PPPs with Chinese partners,” where regional investment projects were presented to Chinese companies.
During the round table, experts from the Ulyanovsk Region Development Corporation presented the region’s investment potential and industrial sites for business development, as well as provided a detailed description of the projects in the areas of infrastructure, agriculture, and arts and leisure. These include large projects, such as the development of the Chinese industrial park in the “Ulyanovsk” port special economic zone, the renovation of the Barataevka passenger airport, the renovation of the Ulyanovsk Central railway station and creation of a multimode transportation hub, the construction of light-rail passenger transport lines, the development of the “USSR Museum” tourism and recreation cluster and many others...Read more
Deloitte held a round table entitled "High-potential areas of technology business and modern education development in the Ulyanovsk Region"
Moscow, Russia, 25 March 2016. Deloitte CIS held a round table entitled “High-potential areas of technology business and modern education development in the Ulyanovsk Region.”
With support from the Ulyanovsk Centre of Technology Transfer and the Education Ministry of the Ulyanovsk Region, Deloitte CIS and the government of the Ulyanovsk Region held a round table to discuss high-potential areas of technology business and modern education development in the region.
Round-table talks included presentations of projects that involve the creation of an innovation ecosystem in the Ulyanovsk Region: “Smart School” and “Cerebrum.”...Read more
Deloitte CIS stands for public-private partnerships in the social sphere
Moscow, Russia, 21 March 2016. Deloitte CIS held a round table entitled “Using public-private partnership to unlock Ulyanovsk Region’s investment potential in the social sector.”
With support from the Ulyanovsk Region Development Corporation, Deloitte CIS and the Government of Ulyanovsk Region jointly held a round table to discuss the need to develop public-private partnerships (PPPs) in the social sphere in order to make Ulyanovsk Region more attractive for investors. During the round table, Ulyanovsk Region ministries presented top-priority PPP projects relating to health, culture, welfare, fitness and sport in the region...Read more
The public’s financial literacy. When will life insurance become common practice?
Moscow, Russia, 9 March 2016. Deloitte CIS will hold a round table titled "The public’s financial literacy. When will life insurance become common practice?" on 10 March.
This round table is aimed at establishing a dialogue among the market constituents on combining their efforts in promoting financial literacy with regard to life insurance...Read more
Deloitte CIS presents Ulyanovsk Region in South Korea
Moscow, Russia, 3 March 2016. Deloitte CIS presented a number of investment projects developed in Ulyanovsk Region to Korean companies as part of Ulyanovsk Region's business mission to South Korea.
A delegation from Deloitte CIS presented projects on technological entrepreneurship and infrastructural development in Ulyanovsk Region to representatives of Solacia Inc (Hansol Group) and HYUNDAI Engineering & Construction in Seoul...Read more
Deloitte survey: Digital world of work is forcing companies to radically change organizational structure and talent strategies
New York, Moscow, 3 March 2016 — Responding to disruptive changes in digital technology, business models and workforce demographics, 92 percent of business and HR leaders have identified the critical need to redesign their organization to meet global business demands. This is according to Deloitte’s fourth annual report, "Global Human Capital Trends 2016: The new organization, Different by design." Yet, only 14 percent of executives believe their company is ready to effectively redesign their organization...Read more
Deloitte CIS unlocks the investment potential of Ulyanovsk Region in Japan
Moscow, Russia, 2 March 2016. Deloitte CIS organised meetings between a delegation from Ulyanovsk Region and Japanese companies. They jointly presented a number of Ulyanovsk Region investment projects in Tokyo.
On 29 February and 1 March, as part of Ulyanovsk Region’s business mission to Japan, Deloitte CIS and a delegation from Ulyanovsk Region presented regional investment projects to MICHI Creative City Designers Inc. and other companies. The Japanese companies expressed a keen interest in infrastructure and agricultural projects, and projects related to the production of automobile parts...Read more
Deloitte CIS to support investment cooperation of the Ulyanovsk Region with Japan and Korea
Moscow, Russia, 15 February 2016. Deloitte CIS and the government of the Ulyanovsk Region, supported by the Ulyanovsk Region Development Corporation, held a round table meeting entitled “Using the Ulyanovsk Region’s Investment Potential to Develop Business with Japan and Korea” to introduce the investment projects developed in the Ulyanovsk Region to Japanese and Korean companies.
In anticipation of the business mission of the Russian regions to Japan (Tokyo, Nagoya) and Korea (Seoul), the representatives of the regional authorities, businesses and top Japanese and Korean companies gathered in Moscow to discuss current investment projects that may be of interest to Japanese and Korean businesses...Read more
Top global retailers sustain year of revenue growth
New York, Moscow, 18 January 2016 – The top 250 global retailers generated aggregated revenues of US$4.5 trillion in fiscal year 2014, representing a steady growth of 4.3 percent compared with 4.1 percent in 2013, according to the Global Powers of Retailing 2016: Navigating the new digital divide from Deloitte Touche Tohmatsu Limited (Deloitte Global). This is a positive signal for the industry which had not so long ago witnessed revenue declines in 2011. However, the picture is uneven by region with retailers in North America and Africa/Middle East enjoying revenue growth, while those in Asia Pacific, Europe, and Latin America enduring declining growth...Read more