VTB Capital took part in the St. Petersburg International Economic Forum, held on 21-23 June 2012. Company executives were in the key sessions of the event.
On the first day of the Forum Alexey Moiseev Head of Macroeconomy Analysis at VTB Capital, was a speaker at a round table discussion of emerging markets economy. Together with leading international economists and representatives of government, he discussed the prospects and key risks in the global economy in the context of the ongoing financial crisis in the eurozone, as well as political instability in the Middle East and the volatility of energy prices.
On the second day of the Forum, June 22, Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, Chairman of VTB Capital holding companies Board of Directors, spoke on "Accelerating the development of the economy: the role of infrastructure projects" in the panel discussion titled "Infrastructure ambitions of Russia - how to finance", with Russian Minister of Transport Maxim Sokolov, and the heads of Russian and foreign corporations.
In particular, Yuri Soloviev talked about the main sources of financing infrastructure projects in Russia, the implementation of VTB Capital’s transport infrastructure projects including the reconstruction of the "Pulkovo" airport and the construction of the central section of the highway Western High Speed ??Diameter.
Besides that, several key agreements on the world's largest public-private partnerships toll road project - the Western High Speed ??Diameter (WHSD) – were signed on June 22. VTB Capital is a leading shareholder in the consortium Northern Capital Highway that is implementing WHSD project.
Also during the Forum the company’s executives held series of meetings with the journalists of leading international and Russian media. As a result of the event there were more than 120 publications in the media.
Yuri Soloviev, commenting on the results of the Forum, said: "Over the past few years, St. Petersburg Economic Forum has become one of the key international discussion forums, and the Summit in 2012 reaffirmed the high profile event. VTB Capital's participation in the forum is strategic in nature, since one of the most important components of our business is the promotion of Russian assets abroad, cooperation with foreign investors and the development of Russia's investment attractiveness. "
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