| BCG with three new offices after double-digit growth in 2010 |
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| | The Boston Consulting
Group (BCG) has recently
opened two new offices –
in Tel Aviv and Perth ‒
enlarging its global
footprint to 71 offices
in 41 countries. It has
also announced plans to
open a new office in Rio
de Janeiro later this
year.
The moves follow a
strong 2010 for BCG,
with the firm posting a
double-digit gain in
worldwide revenues
despite the challenging
economic environment. | |
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| | Revenues grew 12% at
constant exchange rates,
to $3.05bn. In addition,
the firm increased its
worldwide consulting
staff by 8%, to 4,800.
“BCG’s strong and
steady growth and our
growing global footprint
are a real tribute to
the talent of our
people. Even in these
volatile times, our
people have an
outstanding ability to
work together with our
clients to generate
great value,” said | |
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| | opening of offices in
Abu Dhabi and Dubai. The
addition of Perth
expands the firm’s
network in Australia to
four offices: Canberra
was opened in 2009, and
both Sydney and
Melbourne were founded
in 1990. Rio will be
BCG’s second office in
Brazil after São Paulo,
founded in 1997.
“Tel Aviv is one of
the world’s leading
innovation hot spots,
ranking second behind
the US in the number of | |
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| | companies listed on
Nasdaq. It is a critical
location for serving
businesses throughout
the Middle East,” noted
Bürkner. “Perth broadens
and deepens our presence
in Australia, allowing
us to work more directly
with the important
business and government
communities there. Rio,
in one of the world’s
most important
developing economies,
will also bring many new
opportunities for
impact.” | |
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| | Hans-Paul Bürkner, BCG’s
president and CEO. “We
feel that now is a good
time to be expanding so
that we can better serve
existing clients and
more easily reach new
ones.”
Tel Aviv is BCG’s
first office in Israel
and its third office in
the Middle East,
following the 2007 | |
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