VTB Capital’s First RUSSIA CALLING! Investment Forum—Summing Up
VTB Capital’s first RUSSIA CALLING! Investment Forum has come to a successful conclusion. The Forum was attended by over 1,500 visitors and delegates from 24 countries.
Over the three days of the Forum, there were more than 1,000 one-on-one meetings between representatives of Russian companies and investors. More than 50 speakers, including heads of state, as well as Russian and international business leaders – gave presentations during the plenary session and panel discussions.
Topics discussed during the Forum included "Financial and Economic Crisis in Russia: Lessons Learned and Ways Out", "Corporate Governance in Russia", "Cross-border Investments", "Russian Banking Sector", "Telecommunications", "Diversification of the Economy", “Infrastructure Projects in Russia during Crisis Times" and "Investments in the Power Sector".
"Now is an opportune time to resume activity and re-open the undoubtedly promising Russian market. Besides, it is currently possible to enter the Russian market at a low price,” said VTB Capital’s President Yuri Soloviev. “But even the bravest investor would not enter a market without having full information about its health and prospects. Typically, investors ‘eye’ the market for months, study it, hold dozens of meetings, hire experts and consultants. Our RUSSIA CALLING! Forum provided a unique opportunity to obtain the necessary information and to hear first-hand the views of Russia's key government and business officials.”
VTB Capital’s RUSSIA CALLING! Investment Forum did what it set out to do: participants were able to gain a first-hand and accurate assessment of the state of the Russian economy and the prospects for its development. The Forum was distinguished by the unprecedented number of senior representatives from the federal authorities who took part in the Forum's programme.
The afternoon and evening sessions of the Forum were addressed by: Prime Minister of the RF Vladimir Putin; Deputy Prime Minister and Finance Minister of the RF Alexei Kudrin; First Deputy Prime Minister of the RF Igor Shuvalov; Aide to the President of the RF Arkady Dvorkovich; First Deputy Chairman of the Central Bank of the RF Alexei Ulyukayev; Minister for Economic Development of the RF Elvira Nabiullina; Head of the Federal Financial Markets Service Vladimir Milovidov, Governor of St. Petersburg Valentina Matvienko; Deputy Chairman of the Russian Engineering Union Vladimir Gutenev; General Director of RUSNANO Anatoli Chubais; Chairman of The Council of the Federation Committee on Financial Markets and Monetary Circulation Dmitry Ananiev; Deputy Finance Minister of the RF Alexander Novak and other government and business officials.
There was also the opportunity to hear the opinions of renowned international experts at the Forum, including: Gerhard Schroeder, Chancellor of Germany in 1998-2005; James Wolfensohn, Chairman of the Board of Wolfensohn & Company; Philippe Le Houerou, Vice President Europe and Central Asia, The World Bank; Alain Pilloux, General Director for Russia at the EBRD; James Turley, Chairman and CEO of Ernst & Young, etc.
"The Forum has shown that organising this kind of discussion platform is a pressing and important step for the Russian economy. As part of the three-day programme, 400 Russian companies took part in meetings with investors. As the Forum draws to a close, the ball is in the investors’ court. Now it is their turn to make timely and accurate decisions,” concluded Yuri Soloviev.