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INTRALOT distinguished for its investment in R&D

Listed on the “2009 EU Industrial R&D investment scoreboard” 

 

2009-12-10

 

Image INTRALOT was listed on the ‘2009 EU Industrial Research & Development Investment Scoreboard’, prepared and published by the European Commission, because of the significant capitals invested by the company in Research and Development (R&D) during 2008.


This important distinction highlights INTRALOT’s commitment to investing in Research and Development as an integral part of its core corporate philosophy. Since its inception, the Company has strongly believed in innovation as a powerful source of growth. Over the last couple of years, INTRALOT has been investing an average of 10% of its technology sales in Research and Development. During its 18 years of operation, INTRALOT has developed and presented to the lottery industry unique, pioneering products and services, its name having become synonymous with leadership and innovation in the gaming industry. As a technologically autonomous company, INTRALOT has the ability to create economies of scale, thereby constantly increasing its sales worldwide.

The ‘2009 EU Industrial Research & Development Investment Scoreboard’ revealed some important aspects of R&D investment on a global level. It is notable that worldwide corporate R&D investment increased by 6.9% in 2008, in spite of the economic crisis. With an 8.1% increase, the R&D investment growth of EU companies (defined as companies having headquarters within the EU) is significantly higher than US ones, at 5.7%. The report also shows that companies from emerging countries have the highest R&D investment growth.

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 INTRALOT
INTRALOT, 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 INTRALOT a competitive advantage which contributes directly to customers’ efficiency, profitability and growth. With presence in 50 countries, with 5,000 people and revenues of €1.1 billion for 2008, INTRALOT has established its presence on all 5 continents.

 

Source:

Intralot

 

Contact:

Ms. Persa Kartsoli,
Head of Corporate Affairs,
Phone: +30-210 6156000,
Fax: +30-210 6106800,
email: \n This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 
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