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11 April 2013

VTB Capital forum expected to be followed by huge investments in Russia

A VTB Capital investment forum in New York attended by over 400 delegates is expected to be followed by multi-billion investments in the Russian economy.

"We had dozens of meetings at which we discussed the implementation of large-scale investment projects,” Alexander Braverman, the general director of the Federal Fund for Assistance to Development of Housing Construction, told Itar-Tass.

American and West European investors said that they would invest huge sums in the Federal Fund’s projects. Most active businessmen came from the American states of New York and Connecticut as well as Italian and Turkish companies.

The details of the talks will become known to the public after contracts have been concluded. The heads of leading Russian companies and foreign investors held almost 500 meetings and talks in the three days of the forum’s work.

http://www.itar-tass.com/en/c154/704459.html

Corporate Communications VTB Capital