· Listed companies in EMEA have almost €1tn in cash, up from €714bn in 2007
· 59% of major businesses in this region will invest in the next 12 months
· Training and development is the investment priority as companies seek to boost productivity
· EU and North America to attract most investment as interest in BRICs cools
Listed companies across Europe, the Middle East and Africa have built up cash reserves of almost €1 trillion (€963 billion), according to a new report by Deloitte. The 1,200 listed companies in the region have added a further €47 billion to this surplus in the last 12 months alone, whilst the total has increased by around €250 billion since 2007. More than 75% of this sum is held by just 17% of companies, mirroring the global trend where around a third of companies hold 80% of the $3.53 trillion in cash reserves.