VTB Capital took part in the St. Petersburg International Economic Forum fr om 16 to 18 June, holding a number of important events on the sidelines of SPIEF. Events included a session on “Establishing an international finance centre. Interaction among the CIS, EurAsEC and the customs union within EurAsEC”, a roundtable for discussing “Venture business and global corporations” and a meeting of company executives with representatives of leading international and Russian media. VTB Capital also took part in a number of events held by company’s partners.
VTB Capital held the “Venture business and global corporations” roundtable on the opening day of the Forum. Tim Draper, Managing director and cofounder of Draper Fisher Jurvetson (DFJ), was invited by VTB Capital to take part in SPIEF and became one of the key participants of the event. Tim Draper made a presentation on the interaction of innovative start-ups with global corporations, based on experience from within the DFJ venture portfolio. The roundtable discussion covered global technological trends and their influence on the development of international and Russian corporations. Aidar Kaliev, Head of venture investment, VTB Capital, was the moderator of the discussion.
The second day involved VTB Capital plenary session on “Establishing an international finance centre. Interaction among the CIS, EurAsEC and the customs union within EurAsEC”. Issues discussed were establishing international finance centre in Moscow, regional framework agreements within CIS and EurAsEC and the most efficient ways of cooperation in the financial markets and banking area.
Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, Chairman of the Board of Directors of VTB Capital holding companies was the moderator of the discussion. Among the panelists were Igor Shuvalov, First Deputy Prime Minister of the Russian Federation, Ruben Aganbegyan, President, MICEX, Daniyar Akishev, Deputy Chairman, National Bank of Kazakhstan and Karen Zakaryan, Acting Chief Executive Officer, NASDAQ OMX Armenia.
VTB Capital executives also met with representatives of leading international and Russian media on the sidelines of the St. Petersburg International Economic Forum. Key topics discussed during the meetings were the results and achievements of 2010 and this year to date, VTB Capital's results, key projects in Russian and international markets, as well as the company’s development strategy and further plans. Another important topic raised at the meeting was the successful project of “Pulkovo” airport modernization wh ere another round of financing has recently begun.The importance of the topics raised provoked lively discussions between the participants of the event. Press-lunch with VTB Capital executives during St. Petersburg International Economic Forum is a traditional format of cooperation with media which always attracts significant interest from journalists.
The final day of the Forum consisted of a cooperation agreement signed between JSC FGC UES and VTB Capital. The agreement confirmed mutual interest of both parties in developing bilateral relations aimed at the realization of state policy in power industry, financing the JSC FGC UES investment programme and creation of the conditions for increasing JSC FGC UES shareholders equity. In the framework of the agreement, VTB Capital has defined its readiness to provide JSC FGC UES with a wide range of investment banking services, including equity and debt capital market instruments, issuing derivatives, strategic consulting on the financial markets and in M&A deals.
VTB Capital has also taken part in a number of events held by company’s partners. On the first day of the SPIEF Alexey Yakovitsky, Global CEO of VTB Capital, took part in the “Smart grids: projects of the future” session held by FGC UES. And on the last day of the Forum Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, Chairman of the Board of Directors of VTB Capital holding companies, took part in a roundtable held by En+.
Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, Chairman of the Board of Directors of VTB Capital holding companies, said: “The St. Petersburg International Economic Forum is traditionally considered the key platform for dialogue between Russian and international business communities. This year once again proved the high status of the event. Participation of VTB Capital in the forum is of strategic importance because promotion of Russian assets, interaction with foreign investors and improvement of Russia’s investment climate are an important part of our business. We are pleased with the results of the forum and would like to thank organizers for the unique opportunity to discuss key issues of the global economy”.
Head of Press