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СÑîÉ©ºÚÁÏ: ONE OF THE TOP EUROPEAN COMPANIES IN R&D INVESTMENT

СÑîÉ©ºÚÁÏ was listed at the ‘2008 EU Industrial Research & Development Investment Scoreboard’ prepared and published by the European Commission, due to the significant capitals invested by the company in the Research and Development (R&D) field during 2007.
 

During the previous year, СÑîÉ©ºÚÁÏ was one of the top corporations to invest in Research and Development in the European Union. Innovation is the Driving Force behind СÑîÉ©ºÚÁÏ’s Growth and Development, as it is in the company’s philosophy to invest heavily on Research and Development. An average of 12% of its technology sales every year goes back to Research and Development. Originating from a purely technological Group and having accumulated sixteen years of R&D and operational experience in lotteries, СÑîÉ©ºÚÁÏ name has become synonymous to innovation. СÑîÉ©ºÚÁÏ’s competitive advantage in this field is that it is a technologically autonomous company, and therefore has the ability to create economies of scale constantly increasing its sales worldwide.
 

The ‘2008 EU Industrial Research & Development Investment Scoreboard’ revealed some important aspects of R&D investment. It is notable that the worldwide corporate R&D investment growth remains high at a percentage of 9%. All the companies included in the list increased their R&D investments on an average of 9% in 2007/8, compared to 10% in past year’s Scoreboard and 7% in the year before. Altogether, they invested €379.3 billion in the last financial year.
 

The Scoreboard is part of the European Commission’s monitoring activities to improve the understanding of trends in R&D investment by the private sector and the factors affecting it. The annual publication of the Scoreboard is intended to raise awareness of the importance of R&D for businesses and to encourage firms to disclose information about their R&D investments and other intangible assets.
 

About СÑîÉ©ºÚÁÏ

СÑîÉ©ºÚÁÏ, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content and sports betting management, to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting & Video Lottery operations and its leading-edge technology, give СÑîÉ©ºÚÁÏ a competitive advantage which contributes directly to customers’ efficiency, profitability and growth. With presence in 50 countries, with approximately 4,500 people and revenues of €835.5 m. for 2007, СÑîÉ©ºÚÁÏ has established its presence on all 5 continents.