VTB Capital has taken part in the St. Petersburg International Economic Forum which took place between 22nd and 24th May, 2014.
This year, speakers from VTB Group participated in several headline sessions, including a panel discussion on ‘Establishing the incentives to reverse Russian capital flight’, which was hosted in cooperation with VTB Capital. This panel brought together leading international and Russian figures from across business and politics, including Elvira Nabiullina, Governor of the Bank of Russia. In this session, panellists discussed how to improve Russia's investment climate and the measures necessary to attract international capital to the economy.
A seminar was also held titled "Putting private sector infrastructure money to work – what models to build upon?". The event was attended, in particular, by Maxim Sokolov, Minister of Transport of the Russian Federation, and Oleg Pankratov, Head of Infrastructure Capital and Project Finance at VTB Capital. During the session, experts discussed public and private infrastructure financing in Russia and internationally.
Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, Chairman of VTB Capital holding companies Board of Directors spoke at a panel session named "Public-private partnerships: the imperative to execute". During the session, Russian and international experts examined the prospects of developing public-private partnerships in light of new economic opportunities, as well as improving the business and investment climate.
During the Forum, VTB Capital signed a public-private partnership agreement for a project to build and operate a municipal solid waste processing plant in Levashovo, St. Petersburg. The signing was attended by Andrey Kostin, VTB Bank President and Chairman of the Management Board, and Georgy Poltavchenko, Governor of St. Petersburg.
Traditionally, in 2014, the main platform for VTB Group’s communications within the Forum has become the company's stand, which original architectural solution reflects a constant energy of the contemporary markets.
Commenting on the Forum, Alexei Yakovitsky, Global CEO at VTB Capital, said: "The St. Petersburg International Economic Forum has long been one of the most significant events in the global economic calendar. This year leading international and Russian experts discussed a number of important themes which centered on the development of the global economy. VTB Capital’s participation at the Forum is important because it enables us to strategically promote Russian assets abroad, interaction with international investors and the development of Russia as an investment destination."
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