Registration    Personal Web Office    ENG / РУС
Programme

Forum Business Programme (PDF)

INTERNATIONAL INVESTMENT FORUM SOCHI-2014
BUSINESS PROGRAMME

19 September
20 September

19 September

 8.30–10.00
Sberbank Zone

(invitation only)

Business Breakfast

BALANCING THE BUDGET OR ACCELERATING GROWTH: TIME TO CHOOSE?

Continued macroeconomic stability is essential for economic growth. Russia’s growth potential is estimated by most experts to be a low 2 to 3%, and the current slowdown is even more harmful. Questions about how to stimulate the economy are a priority. But whatever efforts are taken in this direction will be costly for the consolidated budget. For many years, the sustainability of state finances, low state debt and the accumulation of sovereign funds have been considered the focuses of economic policy.

Should the current economic situation be met with a change in priorities? Should the stability of the balanced budget be sacrificed to accelerate growth? There is also the question of the effectiveness of financial stimulus measures. What effect do we expect from increased expenditure if the problem of low growth is most likely on the side of supply, rather than on the side of demand? We may also ask whether our resources are adequate to realise a sizable stimulus program with appreciable effects. The state of regional budgets is already cause for concern, and massive government initiatives could increase the burden they must bear. If regional budgets are provided for by increasing the tax burden, efforts taken to stimulate the economy will be less effective. How can the right balance be found?

Moderator:

Herman Gref, Chairman of the Board and CEO, Sberbank of Russia

Speakers:

Alexei Kudrin, Dean of the Department of Liberal Arts and Sciences, Professor of the Theory and Metholdology of Teaching the Arts and Humanities, Candidate of Economic Sciences, St. Petersburg State University

Andrei Makarov, Chairman, Committee on Budget and Taxes, State Duma of the Federal Assembly of the Russian Federation

Vladimir Mau, Rector, Russian Presidential Academy of National Economy and Public Administration

Anton Siluanov, Minister of Finance of the Russian Federation

Sergei Sinelnikov-Murylev, Rector, Russian Foreign Trade Academy

Alexei Ulyukayev, Minister of Economic Development of the Russian Federation

 

 12.00–13.30
Plenary Hall

 

Plenary Session

"RUSSIA BETWEEN EUROPE AND ASIA: A NEW REGIONAL POLICY IN MODERN CIRCUMSTANCES"

Statement by the Prime Minister of the Russian Federation, Dmitry Medvedev

13.30–14.30

Lunch

 14.30–16.00
Hall 1

 

 

Panel Discussion

PROTECTING THE RIGHTS OF ENTREPRENEURS. A DIALOGUE BETWEEN BUSINESS AND GOVERNMENT

Following extensive discussions, the Commissioner’s Institute has prepared a report for the President based on sociological research on the protection of entrepreneurs’ rights. This report enumerates the major problems hindering the development of business and specific proposals that can improve the business environment. 

Work to implement the proposals of the report is currently being coordinated with the government of the Russian Federation: appropriate government orders are being prepared which will carry out these proposals.

How is the work to implement the proposals of the report proceeding? How do the leaders of the relevant agencies understand the problems of the business? What joint actions should be taken in order to further develop entrepreneurship in Russia?

Moderator:

Ruben Aganbegyan, member of the General Council, Delovaya Rossiya

Speakers:

Boris Titov, Presidential Commissioner for Entrepreneurs’ Rights

Sergei Nedoroslev, Chairman of the Board of Directors, Kaskol

Andrei Nikitin, General Director, Agency for Strategic Initiatives in Promoting New Projects

Alexei Repik, Chairman of the Board of Directors, R-Pharm, Novosibkhimpharm, ORTAT pharmaceutical complex

Petr Slepchenko, Business Ombudsman, Pskov Region, Envoy of the Presidential Commissioner for Entrepreneurs’ Rights in the sphere of control and supervisory activities

Panellists:

Mikhail Abyzov, Minister of the Russian Federation

Anton Siluanov, Minister of Finance of the Russian Federation

Alexei Ulyukayev, Minister of Economic Development of the Russian Federation

Alexander Brechalov, President, OPORA RUSSIA, The All-Russian Non-Governmental Organization of Small and Medium Business

Sergei Katyrin, Chairman of the Board and President Chamber of Commerce and Industry of Russia

Alexis Rodzianko, President, American Chamber of Commerce in Russia

Alexander Shokhin, President, Russian Union of Industrialists and Entrepreneurs

Alexander Shokhin, President, Russian Union of Industrialists and Entrepreneurs

Yelena Artyukh, Presidential Commissioner for Entrepreneurs' Rights in Sverdlovsk Region

Alexei Grintsevich, Head of Crimean Department, Business Russia

Marina Karpova, Deputy Executive Director, SMAOs

Natalia Kirillova, Director-General, Permanent К&М

Viktor Klimov, Deputy, State Duma of the Federal Assembly of the Russian Federation, Co-Chairman of the Coordinating Council at the Presidential Commissioner for Entrepreneurs’ Rights

Sergei Kolesnikov, President, Tekhnonikol corporation

Vladislav Korochkin, President, NC Corporation Group

Andrei Nazarov, Executive Co-Chair, Business Against Corruption Centre for Public Procedures

Mikhail Rosenfeld, Founder and General Director, Novotrans South

Alexander Elinson, General Director, Elektron

 14.30–16.00
Hall 2

 

Round Table

THE EFFECTIVENESS OF PUBLIC MONOPOLIES SUCH AS DOMESTIC GROWTH FUNDS

The growth of the Russian economy, which remained in the range of 3–6% during the previous decade, is now close to zero. Developments in particular business spheres and increasing production under adverse economic conditions are no longer producing the results that were anticipated. Increasing the efficiency of state-owned monopolies is becoming a crucial contingency force for economic growth.

What incentives do natural monopolies need in order to improve their effectiveness? How can the value of the long-term implications of the proposed reforms to the economy be determined?

Moderator:

Mikhail Kurbatov, Deputy CEO, Fright One

Speakers:

Alexander Bragin, Executive Director, Analytical Centre Forum non-commercial foundation

Oleg Budargin, General Director, Russian Grids

Jan Dirk Waiboer, Senior Partner & Managing Director, BCG Cin Russia

David Gray, Managing Partner, PricewaterhouseCoopers Russia

Ruslan Grinberg, Director, Institute of Economics, Russian Academy of Sciences

Kirill Dmitriev, CEO, Russian Direct Investment Fund

Yaroslav Mandron, Director, Department for State Governance of Tariffs, Infrastructural Reforms and Efficient Energy Use, Ministry of Economic Development of the Russian Federation

Alexander Misharin, First Vice-President, Russian Railways

Dmitry Strashnov, General Director, Russian Post

 14.30–16.00
Hall 3

 

 

Panel Discussion:

THE ROLE OF ENERGY IN THE RUSSIAN ECONOMY: DONOR OR DRIVER OF GROWTH?

Sponsored by Federal Grid Company

The validity of the high tax burden on industry: how effectively is rent being collected? The multiplicative effect on the economy of the investments of oil and gas companies: the main beneficiaries of these related industries.

Controlling gas and oil prices: what is the real effect on different groups of consumers? What is the optimal price level: one that can stimulate modernisation and energy efficiency, or one that can maintain inefficient production?

Developing of our own technology: technology for the extraction of difficult-to-extract resources and for processing liquified natural gas. How great is the risk of externally imposed technological sanctions? How realistic is a shift to local development, and in which areas?

Moderator:

Grigory Vygon, Director, Energy Centre, Moscow School of Management SKOLKOVO

Speakers:

Vagit Alekperov, President, LUKOIL

Dmitry Kobylkin, Governor of Yamal-Nenets Autonomous Area

Natalya Komarova, Governor of Khanty-Mansi Autonomous Area – Yugra

Leonid Mikhelson, Chairman of the Management Board, Novatek

Andrei Murov, Chairman of the Board, Rosseti

Alexander Novak, Minister of Energy of the Russian Federation

Olivier Lazar, Chairman, Shell in Russia

Alexander Shiryayev, CEO, TMK

Zhang Yuqing, Deputy Administrator, National Energy Administration of the PRC

 14.30–16.00
Hall 4

 

 

Session held under the Auspices of the CIS Legal Summit

THE GOLDEN RULES OF M&A TRANSACTIONS IN THE CIS

In 2013, about 300 mergers and acquisitions were announced in CIS countries. Each of these transactions took many months to complete, and a number of them took over one year to finalise. This session will discuss and summarise the broad, important, diverse experience of these transactions. Along with leading Russian and international experts, we will discuss the main points that determine the success of these projects.

Moderator:

Dmitry Afanasyev, Chairman, Egorov Puginsky Afanasiev & Partners

Speakers:

Kirill Androsov, Managing Partner, Altera Capital

Nikolai Gordeyev, President, Chairman of the Management Board, OFK Bank

Patrick Dziewolski, Partner, Bredin Prat

Ruslan Ibragimov, Vice President for Corporate and Legal Matters, MTS

Igor Makarov, Deputy CEO, Basic Element

Sergei Ostrovsky, Partner, Ashurst

Tomohiro Tsuchiya, Partner, Mori Hamada & Matsumoto

Robin Wittering, Partner, Egorov Puginsky Afanasiev & Partners

14.30–15.00
Hall 5

 

 

Presentation of the A. P. Pochinok Prize to the winner of the All-Russian Contest of Regional Social Development Programs

The All-Russian Contest of Regional Social Development Programs, the winner of which is awarded the A. P. Pochinok Prize, requires the selection and evaluation of initiatives and projects aimed at solving social problems at the regional level. The competition is held among the constituent entities of the Russian Federation with the support of the Expert Council of the Government of the Russian Federation, the Ministry of Economic Development of the Russian Federation, the Sochi 2014 International Investment Forum Program Committee, and the Rector of the Russian State Social University, N. B. Pochinok.

 15.00–16.00
Hall 5

 

 

Panel Discussion

REGIONAL SOCIAL DEVELOPMENT: HOW CAN WE BOTH FULFILL OUR OBLIGATIONS AND ATTAIN QUALITY?

In recent years, regional responsibility for not only economic but also social development has been growing. The increasing prosperity of the populace is creating demand for quality social services and infrastructure. In the context of a budget deficit, regional authorities are finding it increasingly difficult to meet social challenges. Despite this, regional management of social development has produced many success stories. At the same time, the fulfilment of regional social obligations is impossible without the participation of members of business and civi society. The heightened sense of responsibility for regional social development under a budget deficit requires us to consider modifying the ratio of resources allocated to public and private organisations.

Moderator:

Natalya Pochinok, Acting Rector, Russian State Social University

Speakers:

Olga Golodets, Deputy Prime Minister of the Russian Federation

Yevgeniya Belonoshchenko, Founder, Baby Club network of children's centres

Natalya Davydova, Chairman of the Board of Directors, Charity Foundation “Under the Flag of Kindness!”

Alexander Drozdenko, Governor of Leningrad Region

Natalya Zvereva, Director, ‘Our Future’ Regional Social Program Fund

Yelena Topoleva-Soldunova, Director, Association of Social Information; Member of the Civil Chamber of the Russian Federation; Member of the Russian Government Expert Council

Panellists:

Alexander Bazhenov, General Director, Federal Centre for Project Finance (Vnesheconombank Group)

Veniamin Golubitsky, President, KORTROS GC

Alexander Grot, Vice-President, Association of OPORA Business Organisations; member of the Presidium, OPORA RUSSIA; President, Association of Private Multi-Purpose Clinics

Galina Izotova, Chairman of the Board, Credit Guarantees Agency

 14.30–16.00
Hall 6

 

Round Table

DEVELOPMENT OF REGIONAL AVIATION AS A PART OF THE ECONOMIC DEVELOPMENT OF THE REGION 

Improving the internal economic and transport connectivity of Russia is one of the priorities of the government of the Russian Federation. This is most important for eastern regions. Most air routes, even from one city to another within the same federal district, pass through Moscow, which significantly increases the cost of air travel. Local airlines are developing at an extremely slow pace. What restrictions are hindering the development of regional aviation? What is the investment potential of regional transport? And can regional transport be profitable and at the same time socially business-oriented?

Moderator:

Yermolai Solzhenitsyn, Senior Partner, McKinsey & Company

Speakers:

Yuri Berg, Governor of Orenburg Region

Tomas Vaisvila, CEO, Ramport Aero

Mark Gilbert, Director of Business Development and Sales, Russia and the CIS, Bombardier Aerospace

Oleg Deripaska, Chairman of the Supervisory Council, Bazovy Element

Albert Eganyan, Chairman of the Board of Partners, Vegas Lex; Chairman of the Board of Directors, InfraONE

Sergei Eremin, Acting Minister of Transport, Krasnoyarsk Region

Andrei Martirosov, General Director, UTair

Maxim Sokolov, Minister of Transport of the Russian Federation

Stanislav Solomko, Associate Partner, Head of Representative Office in the Russian Federation, Lufthansa Consulting

Alexander Fridlyand, Director, Research Centre 19, State Research Institute of Civil Aviation; Doctor of Economic Sciences; Professor, Moscow State Technical University of Civil Aviation

Sergei Khramagin, General Director, GTLK

Yevgeny Chudnovsky, General Director, Airports of Regions

Dmitry Shamrayev, Regional Director, IATA in Russia and the CIS (International Air Transport Association)

Stefan Schulte, Chairman of the Executive Board, FraportAG

Sergei Emdin, General Director, Air Gates of Northern Capital

Panellists:

Yevgeny Yelin, Deputy Minister of Economic Development of the Russian Federation

Alexander Paul Zinell, Senior Vice-President of Global Investments, Fraport AG

Kirill Mayorov, Manager, Airline Marketing in Russia and the CIS, Bombardier Aerospace

Svetlana Petrоvа, Director, Department for state policy in the sphere of civil aviation, Ministry of Transport of the Russian Federation

Natalia Pirozhenko, Head of IATA Programme Department

Oleg Semenov, President, UTair Passenger Airlines

Yuri Slyusar, Deputy Minister of Industry and Trade of the Russian Federation

Yegor Solomatin, General Director, Aeroinvest

Askhat Torshin, Permanent Representative in the Russian Federation, Lufthansa Consulting

Andrei Turchak, Acting Governor of Pskov Region 

 14.30–16.00
Tolstoy Hall

 

 

Master Class

ATTRACTING INVESTMENTS IN INTEGRATED LAND DEVELOPMENT FOR HOUSING

Comprehensive development projects bring a multifunctional environment and new quality of life to regions and are a powerful engine of regional economic development. However, the implementation of these projects faces serious challenges: on the one hand, regions are currently unable to provide the required pace of infrastructure construction, while on the other hand, consumers do not have sufficient funds, and mortgage-lending opportunities are limited.

How can these major projects be stimulated? What is the role of the state, developers and banks in this process? And how can public-private partnerships be made more effective? What can be learned from the positive experience that has been gained from the leaders in the market?

Moderator:

Andrei Sharonov, Dean, Moscow School of Management SKOLKOVO

Speakers:

Mark Groisman, CEO, AFI RUS; Executive Director, AFI Development

Svetlana Kuznetsova, Deputy General Director, Russian Housing Development Foundation

Mikhail Men, Minister of Construction, Housing and Utilities of the Russian Federation

Igor Nosov, General Director, Innopolis

Oleg Soloshchansky, President, INTEKO

Martin Shakkum, Head of United Russia faction in the State Duma; Senior Vice-Chairman, State Duma Committee for Land Relations and Construction

Panellists:

Veniamin Bochkarev, General Director, Penza Region Mortgage Lending Agency

Konstantin Zabrodin, General Director, Zavidovo Development in Agranta Group

Emin Nazarov, Finance Director, SDI

Andrey Semenyuk, First Deputy CEO, Agency for Housing Mortgage Lending

 14.30–16.00
Dostoevsky Hall

 

 

Panel Discussion

HOW CAN WE UNDERSTAND CHINA BE BETTER?

Despite the high level of interaction and the strategic partnership between Russia and China, Russian knowledge of China is currently insufficient. Despite the growth of trade and mutual investment, knowledge of China and the Chinese language remains rare. Sinologists are not usually the ones in control of business situations, and businesspersons have a poor understanding of Chinese contractors. What problems is this creating now, and which of these problems will affect the future? Is there a similar lack of information and understanding on the part of our Chinese partners? Have other countries encountered similar problems with regard to the development of the Chinese market for labour, goods, services and capital? What are the best global practices for solving these problems?

Moderator:

Alexander Gabuyev, Deputy Editor-in-Chief, Kommersant

Speakers:

Sergey Vorobiev, President, Ward Howell

Stanislav Voskresensky, Deputy Minister of Economic Development of the Russian Federation

Vladimir Dmitriev, Chairman, Bank for Development and Foreign Economic Affairs (Vnesheconombank)

Jin Qingjun, Partner, King & Wood Mallesons

Lu Hao, Governor of Heilongjiang Province (China)

Marat Shaydayev, Chairman of the Board of Directors, FESCO

 14.30–16.00
Chekhov Hall

 

 

Master Class

THE PPP-STANDARD: DIRECTIONS FOR USE

In April 2014, the Russian government decreed that the level of development of public-private partnership in its constituent entities would be one of the methods used to measure the investment performance of governors. By 2018, the minimum level of PPP within regions will be 64%. According to the results of the Regional Ratings, the development level of PPPs in Russia’s constituent entities in 2013 was, on average, 35%. So, in four years, the country's average must jump from 35% to 70%. How can regional governments meet this target?

This master class will present the best practices of regional leaders and outline the key measures needed to achieve the targets in the constituent entities of the Russian Federation.

Moderator:

Pavel Seleznev, Chairman, Committee on Public-Private Partnership, Chamber of Commerce and Industry of the Russian Federation; Chairman of the Board, Centre for the Development of Public-Private Partnership

Speakers:

Igor Koval, Director, Department for Investment Policy and Development of Public-Private Partnership, Ministry of Economic Development of the Russian Federation

Sergei Zhvachkin, Governor of Tomsk Region

Alexei Laptev, First Deputy Governor of Kaluga Region

Valery Radayev, Governor of Saratov Region

Alexander Smekalin, First Deputy Prime Minister of Ulyanovsk Region

Maxim Tkachenko, Executive Director, Centre for Development of Public-Private Partnership

Dmitry Yalov, Vice-Governor of Leningrad Region; Chairman of the Committee for Economic Development and Investment Activities

Panellists:

Andrei Antonоv, Deputy Governor of Tomsk Region for Economics

Alexander Burov, Deputy Head, Komi Republic

Anatoly Bukerev, Acting Deputy Governor and First Deputy Prime Minister of Voronezh Region

Vladimir Volkov, First Deputy Prime Minister of Penza Region

Mikhail Ignatiev, Head of the Republic of Chuvashia

Oleg Kovalev, Governor of Ryazan Region

Viktor Nechayev, Deputy Governor of Novgorod Region

Vladimir Pecheny, Governor of Magadan Region

Denis Tikhonov, Deputy Prime Minister of Tula Region

Maria Yarmalchuk, Deputy Director, Department for Investment Policy and Development of Public-Private Partnership, Ministry of Economic Development of the Russian Federation

16.00–16.30

Coffee Break

 16.30–18.00
Hall 1

 

 

Panel Discussion

BOOSTING GOVERNMENT EFFECTIVENESS: THE TOOLS IN PLACE, RESULTS PENDING

In the modern world building an effective executive branch fit to make decisions on economic modernisation and fight corruption is a primary condition for Russia’s development. Steps have been taken in the last few years to enhance transparency and effectiveness of government agencies, including by setting up public councils, adopting government transparency and investment appeal standards, etc. Yet those steps have yielded quite controversial results. How effective are the measures and have they produced a noticeable effect? How can the government be made really effective?

Moderator:

Alexander Ivlev, Country Managing Partner, Russia, Ernst & Young

Speakers:

Alexander Khloponin, Deputy Prime Minister of the Russian Federation

Mikhail Abyzov, Minister of the Russian Federation

Sergey Belyakov, Chairman of the Management Board, St. Petersburg International Economic Forum Foundation

Dirk Besserer, representative of Land Rheinland-Pfalz (Germany) in Russia

Vladimir Gruzdev, Governor of Tula Region

Vladimir Gruzdev, Governor of Tula Region

Anatoly Karachinsky, President, IBS Group Holding; Head, Commission on Professional Education, Member, Board of the Russian Union of Industrialists and Entrepreneurs

Irina Makieva, Deputy Chairman, Bank for Development and Foreign Economic Affairs (Vnesheconombank)

Panellists:

Vasily Belov, Senior Vice-President for Innovations, Sokolovo Foundation

Olga Goncharova, Director, Non-credit Financial Institutions’ Statements Collection and Processing Department, Central Bank of the Russian Federation

Alan Thompson, Russia Director, Russo-British Chamber of Commerce

Isaac Sheps, Chairman of the Board, Union of Russian Brewers; President, Baltika Breweries; Senior Vice President Eastern Europe, Carlsberg Group; Doctor of Economic Sciences

Ildar Khalikov, Prime Minister of the Republic of Tatarstan

 16.30–18.00
Hall 2

 

 

Round Table

THE PENSION SYSTEM: PROSPECTS FOR DEVELOPMENT

In 2012, the government of the Russian Federation approved a strategy for the long-term development of the country’s pension system.

The state guarantees its citizens the lowest, basic level of retirement benefits. Additionally, citizens, individually and/or with their employers, can, through private pension funds, organise private pensions in an accumulative, interest-yielding pension system.

A moratorium on pension savings created uncertainty in the business community regarding the place of business in the pension system.

So what is the role of private pension funds in the pension system? What is the role of pension funds as a quick financial resource in economic development? What are the prospects for developing corporate (both pre-term and supplementary) private pensions?

Moderator:

Vladimir Nazarov, Director, Financial Research Institute

Speakers:

Vyacheslav Batayev, Deputy General Director, Russian Association of Rail Transport Employers

Anton Drozdov, Chairman of the Management Board, Pension Fund of the Russian Federation

Alexander Yegorov, Head of Section, International Labour Standards Department, International Labour Organisation

Andrei Isayev, Chairman, Committee on Labour, Social Policy and Veterans' Affairs, State Duma of the Federal Assembly of the Russian Federation

Andrei Kokin, Vice-President and Finance Director, GAZFOND pension fund; General Director, GAZFOND Pension Savings

Irina Masyuk, President, Gefest Non-State Pension Fund

Alexei Moiseev, Deputy Minister of Finance of the Russian Federation

Nikolai Podguzov, Deputy Minister of Economic Development of the Russian Federation

Natalya Pochinok, Chairman, expert council on non-state pension funds and investment of pension accumulation funds under the Finance Market Committee of the State Duma of the Federal Assembly of the Russian Federation; Acting Rector, Russian State Social University

Valery Ryazansky, Chairman, Committee for Social Policy, Council of Federation of the Federal Assembly of the Russian Federation

Maxim Topilin, Minister of Labour and Security Protection of the Russian Federation

Konstantin Ugryumov, President, National Association of Non-State Pension Funds

Panellists:

Ivan Volkov, General Director, Blagosostoyaniye Non-State Pension Fund

Alexei Goncharov, General Director, United Pension Administrator; Member of the Board, Inter-regional Non-governmental Big Pension Fund

Margarita Nagoga, Head of Public Relations and Media Relations Department, Pension Fund of the Russian Federation

Andrei Pudov, State Secretary and Deputy Minister of Labour and Social Protection of the Russian Federation

 16.30–18.00
Hall 3

 

 

Panel Discussion

ENERGY CONSERVATION AND EFFICIENCY: INVESTMENT PROMOTION TOOLS

The potential effect from energy conservation and enhanced energy efficiency at Russian industrial enterprises and in the utilities sector is comparable with that from domestic growth in primary energy production. Once deployed, energy efficient and energy saving technologies will foster innovative development and increase the competitive edge of Russian companies.

How can investment in energy saving and enhancing energy efficiency be encouraged? How is the relevant government-run programme being implemented and does it meet the needs of the business community? What instruments attract investors?

Moderator:

Maxim Filimonov, Deputy Editor-in-Chief, ITAR-TASS

Speakers:

Jan Dirk Waiboer, Senior Partner & Managing Director, BCG Cin Russia

Anton Inyutsyn, Deputy Minister of Energy of the Russian Federation

Anton Karamzin, Vice-President, Sberbank of Russia

Andrei Likhachev, expert, Open Government of the Russian Federation

Andrei Bocharov, Acting Governor of Volgograd Region

Yelena Pomchalova, Deputy Head, Federal Tariff Service of Russia

Jean-Louis Stasi, President, Schneider Electric in the CIS

Dmitry Strashnov, General Director, Russian Post

Panellist:

Sergei Inkov, General Director, GPB EnergoEffect

 16.30–18.00
Hall 4

 

 

Panel Discussion

OPPORTUNITIES FOR INTERNATIONAL BUSINESS COOPERATION WITHIN THE CONTEXT OF SANCTIONS

Sponsored by Business Russia

In 2014, Russia's integration into the global economic space was stalled by the strain of political restrictions and adjustments. Russia is currently looking to strike a new balance between its economic independence and involvement in global processes, geopolitical focus on the West and the East, its national and business interests.

The latest round of sanctions has demonstrated the important position that Russia holds. The restrictive measures imposed significantly harm the interests of some of our foreign partners. However, according to analysts, the deteriorating economic conditions also threaten Russia, unless countermeasures to stabilise foreign trade are quickly enacted.

Specific measures are needed to overcome the impact of processes negatively affecting the development of international cooperation. What are the changes for the strategic landscape in key sectors of the economy? Which aspects of business strategy need correction? What are the objectives of foreign partners interested in cooperation? How can old, reliable partners be retained and relations with new partners be built effectively?

Moderator:

Alexey Repik, Co-Chairman, Business Russia

Speakers:

Igor Agamirzyan, CEO and Chairman of the Board, RVC

Joe Watt, Managing Partner for CIS, EY

Riza Nur Meral, President, Turkish Confederation of Businessmen and Industrialists (TUSKON)

Philippe Pegorier, Chairman, Association of European Business in Russia

Satish Reddy, Chairman of the Board of Directors, Dr. Reddy’s Laboratories Limited

Alexis Rodzianko, President, American Chamber of Commerce

Regina von Flemming, member of the Management Board, Chairman, Corporate Social Responsibility Committee, Russian-German Chamber of Foreign Trade; General Director, Axel Springer Russia Publishing House

Michael Harms, Chairman, Russian–German Chamber of Commerce

Vitaly Yusufov, President, Nordic Yards

Panellists:

Anatoly Artamonov, Governor of Kaluga Region

Matthias Berninger, Vice President, Mars Incorporated

Vladimir Gutenev, First Deputy Chairman, Committee on Industry, State Duma of the Russian Federation

Onur Guven, member of the Management Board, Hayat Holding

Jakov Despot, Representation to Russia, Croatian Chamber of Economy

Denis Zhuravsky, CEO, Association of Industrial Parks; GR Directorm Singenta

Alexander Ivanov, Deputy Chairman, Bank for Development and Foreign Economic Affairs (Vnesheconombank)

Yelena Kondratova, General Director, Greek-Russian Chamber of Commerce

Andrei Nikitin, General Director, Agency for Strategic Initiatives in Promoting New Projects

Gonzague de Pirey, President, Russian-French Union of Businesses Developing Energy Efficiency and Environmental Safety

Vadim Potomsky, Governor of Orel Region

Daniel Russell, President and CEO, US-Russia Business Council

Igor Rudensky, Chairman, Committee on Economic Policy, Innovative Development and Entrepreneurship, State Duma of the Federal Assembly of the Russian Federation

Tatyana Sadofieva, General Director, Russian-Tunisian Business Council

Boris Titov, Presidential Commissioner for Entrepreneurs’ Rights

Chee Hin Ho, Group Director, International Operations (Europe), International Enterprise Singapore

Pavel Shinsky, General Director, Franco-Russian Chamber of Commerce and Industry

 16.30–18.00
Hall 5

 

 

Panel Discussion

ECONOMIC MASTER PLAN FOR FAR EAST DEVELOPMENT. INFRASTRUCTURE AND INVESTMENT PROJECTS

Sponsored by the Industrial SEZ in Vladivostok and FSK EEC JSC.

The Far East is clearly a top priority in Russia’s regional development. In the last few years an institutional basis has been laid at the macro-regional level, a special ministry having been set up for the purpose, investment and territorial development tools put in place, and the regulatory framework brought up to date. The scale of the tasks is truly unprecedented. How can be achieved the strategic regional development objectives? What milestones must include a master plan for development of the Far East? How can be guaranteed maximum efficiency of budget allocations in the region?

Moderator:

Alexander Idrisov, Managing Partner, Strategy Partners Group

Speakers:

Alexander Galushka, Minister for the Development of the Russian Far East

Keith Dinnie, author of National Branding: Concepts, issues, practice

Andrei Murov, Chairman of the Board, Rosseti

Alexei Teksler, Deputy Minister of Energy of the Russian Federation

Vadim Shvetsov, General Director, SOLLERS

Lu Hao, Governor of Heilongjiang Province (China)

 16.30–18.00
Hall 6

 

 

Round Table

IMPORT SUBSTITUTION AND INDUSTRIAL MODERNISATION STRAGEGY: SUPPORTING PRODUCERS AND PROMOTING PRODUCTS

Sponsored by the United Shipbuilding Corporation JSC

In Russia, virtually all of the institutions necessary to accelerate import substitution have been created. However, the process of import substitution can either be forced by the influence of powerful administrative factors, or it can occur naturally. The first option involves the development of dangerous protectionist practices, undue expenditure of public investment resources, increased tax burden, and reduced business activity. The second option requires a correction of the country’s current economic policy.

Global experience shows that import substitution should be based on private initiative and at the same time gently supported by the state.

In this case, the final measure of the efficiency of the import substitution processes is not so much an increase in the percentage of the total volume of goods produced domestically (in the relevant industry) as it is a rapid increase in the export of Russian goods (on a global scale, rather than a narrowly regional one).

Moderator:

Anton Danilov-Danilyan, Co-Chairman, Delovaya Rossiya

Speakers:

Vasily Belov, Senior Vice-President for Innovations, Skolkovo Foundation

Andrei Danilenko, Chairman of the Board, National Union of Milk Producer (SOYUZMOLOKO)

Dmitry Yeroshok, General Director, Sberbank Leasing

Andrei Zolotarev, General Director, INKONA

Galina Izotova, Chairman of the Board, Credit Guarantees Agency

Heleen over de Linden, Head of the Russian Table, Royal Industrial Club, Amsterdam

Gleb Nikitin, First Deputy Minister of Industry and Trade of the Russian Federation

Sergei Nedoroslev, Chairman of the Board of Directors, Kaskol

Sergey Panin, Vice-President, Sinara Group; Chairman of the Board of Directors, Sinara – Transport Machines

Alexei Rakhmanov, President, United Shipbuilding Corporation

Leonid Sorkin, General Director, Honeywell (Russia)

Leonid Stavitsky, First Deputy Minister of Construction, Housing and Utilities of the Russian Federation

Rail Fakhretdinov, General Director, Alternativa plastics factory

Sergei Fakhretdinov, Chairman of the Board of Directors, Ruskompozit

Alexander Elinson, General Director, Elektron

Panellists:

Anatoly Artamonov, Governor of Kaluga Region

Andrei Bezrukov, Director for Strategic Marketing, GS Group

Kirill Varlamov, Head, Internet Initiatives Development Fund

Sergei Makarov, General Director, Stankoprom

Alexander Maslennikov, Acting Director, Department for Development of Economic Sectors, Ministry of Economic Development of the Russian Federation

Nikolai Pinchuk, Chairman of the Board, Winegrowers and Winemakers

Maxim Protasov, Chairman of the Board, Association of Food Product Manufacturers and Suppliers (RusProdSoyuz)

Vladimir Salamatov, General Director, World Trade Centre Moscow

Yelena Sierra, Deputy Minister of Construction, Housing and Utilities of the Russian Federation

Falk Tischendorf, Moscow Office Managing Partner, Beiten Burkhardt

Andrei Shcherbakov, General Director, Kurs

Tsumutoku Yamada, General Secretary, Japanese Business Club

16.30–18.00
Tolstoy Hall

Panel Discussion

HOW CAN BUDGET EXPENDITURES BE MADE MORE EFFICIENT?

Open government with the support of the National Association of Procurement Institutions

For the first time in many years, the government is discussing an increase in taxes to prevent the growth of the budget deficit. But many experts advise another way: increasing the efficiency of public spending and optimising budget expenditures. What makes an expenditure inefficient, and how can these inefficient expenditures be identified? Do we have a large amount of inefficient expenditures? Do state programs help us spend government funds more wisely? What possibilities do we have for increasing the efficiency of public spending at the regional level? Is it possible to attract private investment to resolve government problems? Under what conditions is business ready and able to help the state? Would a transition to a contract system help make government spending more efficient?

Moderator:

Maxim Tokvaylo, Deputy Economics Editor, Vedomosti

Speakers:

Sergei Gabestro, General Director, National Association of Procurement Institutions

Vladimir Gruzdev, Governor of Tula Region

Yevgeny Yelin, Deputy Minister of Economic Development of the Russian Federation

Vladimir Klimanov, Director, Institute for Public Finance Reform

Leonid Melamed, CEO, Composite Holding Company

Ilya Sokolov, Director of Budget Policy Department, Ministry of Finance of the Russian Federation

Sergei Sitnikov, Governor of Kostroma Region

Panellists:

Dmitry Kozin, Head of Education Department, NAIZ

Yevgeny Ellinsky, General Director, Electronic Trading Systems

Alexander Yastrib, First Deputy of the President – Chairman of the Board, Bank od Moscow; Chairman, Procurement System Development Committee, Chamber of Commerce and Industry of the Russian Federation

 16.30–18.00
Dostoevsky Hall

 

 

Panel Discussion

CAUCASIAN MINERAL WATERS (KMV): A REVIVAL

KMV is one of the oldest resort areas in Russia. The uniqueness of the region lies in its concentration of mineral water and curative mud, as well as its health resorts. Due to its natural climate characteristics and favourable, easy-to-reach geographic location, KMV has significant potential for development into a major Russian medical centre providing high-tech medical care and rehabilitation services.

Today, however, the potential of this region has not been realised. What is needed for the resort to be revived as a health centre in Russia, one which provides a full range of medical services? What measures should be taken to attract investment in this direction?

Moderator:

Yermolai Solzhenitsyn, Senior Partner, McKinsey & Company

Speakers:

Vladimir Vladimirоv, Governor of Stavropol Region

Mark Groisman, CEO, AFI RUS; Executive Director, AFI Development

Olga Dergunova, Deputy Minister of Economic Development

Lev Kuznetsov, Russian Federation Minister of North Caucasus Affairs

Pierpaolo Lodigiani, Consul General of the Italian Republic in Southern and North Caucasian Federal Districts

Cesare Ragaglini, Ambassador of the Italian Republic to the Russian Federation

Veronika Skvortsova, Minister of Healthcare of the Russian Federation

Panellists:

Aram Bekchyan, Chairman of the Board of Directors, Medical Company UNIX

Wilfried Bergmann, Deputy Chairman of the Board, German-Russian Forum; Professor, International Ecological University and Academy of the National Economy under the Government of the Russian Federation

Darinka Bobnar, Director, Terme Krka

Vladimir Brykalov, Chairman, Regional Association of the Federation of Independent Trade Unions of the Stavropol Region

Volker Wagenknecht, General Director, FAMED Russia

Valery Esaulenko, Vice-President, NEO Centre

Andrei Krainik, Chairman of the Board of Directors, Azimut Airlines

Valery Kovtunov, General Director, Conseptsia Group

Alina Levitskaya, Rector, North-Caucasus Federal University

Gerhard Markov, Vice-President, MSI FDP Aval

Nikolai Murashko, General Director, Resort Management  

Marina Simakova, President, MSI FDP Aval

Mikhail Shmakov, Chairman, Federation of Independent Trade Unions of Russia

Sergei Shpilko, President, Russian Union of the Travel Industry

Roman Chuyev, General Director, Mineralnye Vody International Airport

Lev Yakobson, First Vice Rector, Higher School of Econonics

 16.30–18.00
Chekhov Hall

 

 

Panel Discussion:

FISCAL STIMULUS OF THE ECONOMY: WHAT LESSONS COULD RUSSIA LEARN?

Russia’s economic growth has stalled, despite consistently high oil prices and the gradual acceleration of the global economy. Key measures that should change the situation include the implementation of a number of major infrastructure projects partially financed by the Russian National Wealth Fund, the active use of government guarantees, and the use of other quasi-fiscal instruments. In addition, the suggestion is being put forward again and again that the fiscal rules introduced in 2013 be softened and fiscal spending increased.

During the global financial crisis, diverse experience was gained in the use of fiscal incentives. In addition, the implementation of these measures in many countries produced enough data to conduct complete economic analyses of them. In particular, the following points were studied: the conditions that determine the effect of fiscal stimulus programs; the economic mechanisms of these programs; the “collateral” consequences that they bring; and the optimal way to implement them.

Are there sufficient grounds to implement active fiscal stimulus in Russia? Will the Russian budget policy of recent years become more, or less, strict? What effect can the fiscal stimulus measures that have already been implemented or proposed have? What is the cost of such a policy? Will the existing budget rule hinder an active policy of fiscal stimulus? What lessons can be learned from the Russian analysis of international experiences with fiscal stimuli?

Moderator:

Sergei Sinelnikov-Murylev, Rector, Russian Foreign Trade Academy

Speakers:

Clemens Grafe, Managing Director, Macroeconomic Analysis, Chief Economist for СЕЕМЕА markets, Goldman Sachs

Alexei Kudrin, Chairman, Committee for Civil Initiatives

David Lubin, Head of Emerging Markets Economics, Citigroup

Anton Siluanov, Minister of Finance of the Russian Federation

Antonio Spilimbergo, Head of Mission to Russia, IMF

Alexei Ulyukayev, Minister of Economic Development of the Russian Federation

20 September 2014

 11.00–12.30
Hall 1

Panel Discussion:

RUSSIA’S HOUSING AND COMMUNAL SERVICES: NEW CONDITIONS FOR PRIVATE INVESTMENT

Attracting private investment is one of the priorities of current state policy on housing and communal services. In Russia, a comprehensive legal framework provides for safe and profitable business in this industry. Dozens of large-scale projects have already been completed throughout the country. However, private investment has not yet become a reliable basis for the modernisation of this sector.

Potential investors are often faced with the reluctance of local authorities to meet businesses halfway, officials who are unaware of the provisions of the new legislation, and other obstacles. The main challenge is to secure effective and mutually beneficial public-private partnership.

What is required for businesses in the Russian housing and communal services sector to feel comfortable? How can the conflict between the interests of investors and local officials be resolved? What mechanisms are needed in order to implement major investment projects in this sector? What can we learn from positive experience that will help us develop the industry in current conditions?

Moderator:

Valery Fadeyev, Editor-in-Chief, Expert magazine

Speakers:

Viktor Blagoveshchensky, General Director, Rosvodokanal

Vladimir Dmitriev, Chairman, Bank for Development and Foreign Economic Affairs (Vnesheconombank)

Dmitry Kozak, Deputy Prime Minister of the Russian Federation

Mikhail Kuzovlev, Chairman of the Board, Bank of Moscow

Mikhail Men, Minister of Construction, Housing and Utilities of the Russian Federation

Sergei Novikov, Head, Federal Tariff Service

Alexander Ruchyev, President, Morton

Panellists:

Viktor Basargin, Governor of Perm Region

Vladimir Gruzdev, Governor of Tula Region

Anton Koller, President, District Heating Division, Danfoss

Leonid Lokshin, General Director for the CIS, VеoliaVoda

Alexei Makrushin, Executive Director, Razvitiye

Valentina Stanovova, First Vice-President, Capital Group

Andrei Chibis, Deputy Minister of Construction, Housing and Utilities of the Russian Federation

Natalia Khanjenkova, Managing Director for Russia, European Bank for Reconstruction and Development

Martin Shakkum, Head of United Russia faction in the State Duma; Senior Vice-Chairman, State Duma Committee for Land Relations and Construction

 11.00–12.30
Hall 2

 

 

Round Table

LABOUR MARKET AND EDUCATION: TWO PARALLEL WORLDS?

Despite the large number of annual graduates from Russia’s colleges and universities, the skills deficit still remains a serious issue.

The education system is unable to meet the demand for qualified human resources in the national economy and major industrial companies are forced to run corporate university courses to train specialists in the skills required.

What measures should be taken to update the education system so that it might actually meet the relevant economic demands of the regions?

What are the existing and potential mechanisms, including public-private partnerships, for creating additional professional education programs? How can we use new technologies to engage institutions of higher education in additional professional education?

Moderator:

Isak Frumin, Head, Institute of Education, Higher School of Econonics

Speakers:

Oleg Betin, Head of Administration, Tambov Region

Olga Golyshenkova, Executive Director, International Association for Corporate Education (MAKO)

Luke Jones, Senior Personnel Recruitment Leader for Russia and the CIS, Antal Russia

Anton Inyutsyn, Deputy Minister of Energy of the Russian Federation

Alexander Klimov, Deputy Minister of Education and Science of the Russian Federation

Valery Koshkin, Rector, Moscow State Industrial University

Luis Alves Costa, Founder, Global Management Challenge

Pedro Alves Costa, CEO, SDG, Simuladores e Modelos de Gestão

Yelena Kudryashova, Rector, Northen (Arctic) Federal University

Stanislav Nisimov, head of department, Rusnano Fund for Infrastructure and Educational Programs

Natalya Pochinok, Acting Rector, Russian State Social University

Yevgeny Szhenov, President, International Association for Continuing Education (IACE)

Stanislav Tsyrlin, Vice President, NLMK

Alevtina Chernikova, Rector, National University of Science and Technology “MISIS”

Pavel Chernykh, Russian Technical Delegate, World Skills International

Panellist:

Vyacheslav Shoptenko, Director, Institute of Organisational Development and Strategic Initiatives, Russian Presidential Academy of National Economy and Public Administration

 11.00–12.30
Hall 3

Briefing

THE MOSCOWKAZAN HIGH-SPEED RAIL PROJECT: FROM PLANS TO IMPLEMENTATION

The Russian Federation is currently searching for an optimal model of economic development to move from a resource-based economy to a new economy based on the development of domestic demand. As global practice has shown, the construction of high-speed railway lines is one of the main drivers of economic development. Provinces and cities where high-speed railway projects have been completed have seen powerful impetus for development, become major financial and industrial centres, and have seen the standard of living of their populations change dramatically. Today, it is extremely important to improve accessibility to Russian regions and thus contribute to their economic growth. Russian Railways JSC is currently working on a large-scale infrastructure project to build a high-speed line from Moscow to Kazan. What are the prospects for this project’s completion? Will the construction of this line influence the investment attractiveness of the Russian regions? Can such a high-tech project be completed while Russia is under international sanctions?

Moderator:

Andrei Nikitin, General Director, Agency for Strategic Initiatives in Promoting New Projects

Speakers:

Fabrizio Di Amato, Chairman of the Board of Directors, Maire Tecnimont (Italy)

Gianni Bardazzi, Deputy Chairman of the Board of Directors, Maire Tecnimont (Italy)

Chen Li, Vice-President, CREEC

Rustam Minnikhanov, President of the Republic of Tatarstan

Alexander Misharin, First Vice-President, Russian Railways

Sergei Nekrasov, First Vice President, Gazprombank

Nikolai Podguzov, Deputy Minister of Economic Development of the Russian Federation

Oliver Pitz, Director for for Eastern Europe and CIS, Deutsche Bahn International

Yang Feng, Deputy General Director, Department for International Cooperation, China Development Bank

 11.00–12.30
Hall 4

Panel Discussion

PUBLIC-PRIVATE PARTNERSHIP. AN UNTAPPED RESOURCE FOR MODERNISATION

Sponsored by Gazprombank

PPP allows the state to access alternative sources of private investment. Amendments to concession law that were adopted during the spring session significantly improved the conditions for attracting investments in concession projects. At the same time, the federal legislative consolidation of concession agreements as the only form of contractual PPPs limits both pipe-line projects and the list of potential investors. This lack of diversity in the forms of PPP legislation requires further legislative development. This round table will discuss new opportunities for renewing concession projects, initiatives of the business community to increase the number of PPP projects, improvements in the quality of preparations for PPP projects, and the appropriateness of adopting legislation as an important element in improving our country’s investment climate.

Moderator: 

Ekaterina Trofimova, First Vice President, Member of the Management Board, Gazprombank

Speakers:

Sergei Gavrilov, Chairman, Committee on Property, State Duma of the Federal Assembly of the Russian Federation

Alexander Drozdenko, Governor of Leningrad Region

Jin Qingjun, Partner, King & Wood Mallesons

Igor Koval, Director, Department for Investment Policy and Development of Public-Private Partnership, Ministry of Economic Development of the Russian Federation

Pavel Seleznev, Chairman, Committee on Public-Private Partnership, Chamber of Commerce and Industry of the Russian Federation; Chairman of the Board, Centre for the Development of Public-Private Partnership

Alexander Smekalin, First Deputy Prime Minister of Ulyanovsk Region

Roman Starovoit, Director, Federal Road Agency

Alexei Chichkanov, Executive Vice-President, Head of Public-Private Partnership Centre, Gazprombank

Panellists:

Martin Shakkum, Head of United Russia faction in the State Duma; Senior Vice-Chairman, State Duma Committee for Land Relations and Construction

Christian Heurtebis, Project Director, Vinci Concessions

Andrei Yumatov, Member of the Board, Bank of Moscow

 11.00–12.30
Hall 5

Panel Discussion

INVESTMENT IN THE REPRODUCTION OF MINERAL RESOURCES AS A BASIS FOR RUSSIA’S LONG-TERM DEVELOPMENT

Geological prospecting and the implementation of enhanced oil recovery methods are two components of the task of reprocessing Russia’s mineral resource base. It is in the interests of the state to provide incentives for Russian companies to make long-term investments in high-security stocks. It is important to select the optimal balance of the roles of the state and miners at the various stages of technological development, prospecting and material production. An important component is the regional aspect of processing mineral resources: prioritising by prospective growth in supply, creating specialisations in different difficult types of extraction, and defining the way in which constituent entities of the Russian Federation participate in the process of creating the individual sites. In terms of economic stimulus for mineral resource processing, mechanisms need to be developed that deduct the costs of prospecting from the mining tax; the overall tax scheme needs to be improved; and key administrative factors need to be utilised. While Russia is under external financial and technological sanctions, it is particularly important to localise the development of technologies, equipment and related industries: servicing, the production of machinery and equipment, and so on. Can the government create the conditions – and business realise the investment projects – required to attain the level of mineral resource processing we need?

Moderator:

Grigory Vygon, Director, Energy Centre, Moscow School of Management SKOLKOVO

Speakers:

Andrei Varichev, CEO, Metalloinvest

Sergei Donskoi, Minister of Natural Resources and Environmental Protection of the Russian Federation

Joerg Dorler, Head of Oil and Gas, Minerals and Steel Industry Practice, A.T. Kearney

Sergei Zhvachkin, Governor of Tomsk Region

Dmitry Kobylkin, Governor of Yamal-Nenets Autonomous Area

Kirill Molodtsov, Deputy Minister of Energy of the Russian Federation

Roman Panov, CEO, Rosgeo

 11.00–12.30
Tolstoy Hall

Seminar

TERRITORIES WITH ADVANCING DEVELOPMENT: A NEW TOOL TO ATTRACT INVESTMENT

Open government, with the support of GMK Norilskiy Nickel JSC

Today's economic challenges require new approaches to encourage investment and reliable tools that can ensure the rapid economic development of Russia’s regions. One of these tools may be a new draft law on territories with advancing socio-economic development. In addition, legislation on special economic zones continues to develop, at both the federal level and within the bounds of individual regions.

Can new legislative initiatives drive economic growth? What additional steps should be taken by the government at the federal and regional levels in order to attract Russian and foreign investors? Which of the best international practices for creating special conditions for investment can be used effectively in Russia?

Moderator:

Alexander Gabuyev, Deputy Editor-in-Chief, Kommersant

Speakers:

Mikhail Abyzov, Minister of the Russian Federation

Alexander Galushka, Minister for the Development of the Russian Far East

Hazem Galal, Global Leader for Cities and Local Government Sector, PwC

Yevgeny Yelin, Deputy Minister of Economic Development of the Russian Federation

Andrei Sokolov, Deputy Minister of Crimean Affairs of the Russian Federation for Crimean Affairs

Nikolai Tsukanov, Governor of Kaliningrad Region

Panellists:

Alexander Bazhenov, General Director, Federal Centre for Project Finance (Vnesheconombank Group)

Andrei Bugrov, Deputy General Director, Norilsk Nickel

Sergei Gabestro, General Director, Fabrikant.ru

Alexei Grintsevich, Head of Crimean Department, Business Russia; Public Representative of the Russian Presidential Commissioner for Entrepreneurs’ Rights

Vitaly Gumenyuk, General Director, Stroyinter (Vladivostok); Member of the Presidium, OPORA RUSSIA

Valery Draganov, President, Avtotor Holding

Sergei Katyrin, Chairman of the Board and President Chamber of Commerce and Industry of Russia

Yevgeny Kuznetsov, Deputy CEO, Member of the Board, RVC

Mikhail Osmakov, Vice-President, member of the Board of Directors, GS Group

Yevgeny Titov, Chairman, Far East Bank, Sberbank of Russia

 11.00–12.30
Dostoevsky Hall

Panel Discussion

WORKFORCE MOBILITY: REGIONS IN GLOBAL COMPETITION FOR QUALITY PERSONNEL

On their path towards economic welfare regional employers are in dire need of highly skilled workers, thus drawing them into a tough competitive struggle on the global labour market. High living standards and a favourable working environment are the key competitive advantages in the struggle for skilled workers.

What additional measures could be taken to turn the 'brain drain' into a 'brain gain' for Russia by enticing specialists and talent from among former Russian citizens to return to the country?

How can better intra-national mobility be achieved and how can opportunities for economic growth be opened up for the regions by attracting high quality manpower considering the unequal living standards across the regions?

Moderator:

Pavel Ignatiev, Chairman of the Board of Directors, ANCOR Holding

Speakers:

Olga Golodets, Deputy Prime Minister of the Russian Federation

Tatyana Blinova, Deputy Minister of Labour and Social Protection of the Russian Federation

Andrei Isayev, Chairman, Committee on Labour, Social Policy and Veterans' Affairs, State Duma of the Federal Assembly of the Russian Federation

Marcus Ozegovich, General Director, Volkswagen Group Rus

Valery Ryazansky, Chairman, Committee for Social Policy, Council of Federation of the Federal Assembly of the Russian Federation

Vadim Shvetsov, General Director, SOLLERS

Panellists:

Andrei Bezrukov, Director for Strategic Marketing, GS Group

Ilshat Gafurov, Rector, Kazan Federal University

Vladimir Gimpelson, Professor, National Research University Higher School of Economics

Luke Jones, Partner, Antal Russia

Dimitrina Dimitrova, Director, International Labour Organisation office in Moscow

Yelena Dryganova, Director of the Economics of Social Developnent and Priority Programmes Department, Ministry of Economic Development of the Russian Federation

Alexander Ikonnikov, Chairman of the Supervisory Board, Association of Independent Directors

Vladislav Korochkin, President, NC Corporation Group

Sergei Lozinsky, Partner, Strategy Partners Group

Yulia Melnichuk, Head of Labour Migration Department, International Migration Organisation, Moscow

Vadim Oveychuk, Personnel Director, Aviastar

Svetlana Openysheva, Deputy Governor of Ulyanovsk Region

Maxim Parshin, Deputy Head, Rostrud

12.30–13.30

Lunch

 13.30–15.00
Hall 1

Panel Discussion

THE RUSSIAN BANKING SYSTEM: A NEW RISK MATRIX

The economic slowdown amid sanctions that limit access to foreign capital creates a new set of challenges for the Russian banking system. What capital are Russian banks able to access? How are the amount and cost of borrowed money changing? How are business strategies evolving? Which borrower is more reliable under the circumstances – major companies, medium-sized business or households? How can a balance be achieved between large credit institutions and smaller regional or industry lenders in the banking system?

Moderator:

Ekaterina Trofimova, First Vice President, Member of the Management Board, Gazprombank

Speakers:

Oleg Ivanov, Vice-President, Rossiya Association

Andrei Kostin, President, Chairman of the Management Board, VTB Bank

Alexei Moiseev, Deputy Minister of Finance of the Russian Federation

Dmitry Olyunin, Chairman of the Management Board, Rosbank

Nikolai Podguzov, Deputy Minister of Economic Development of the Russian Federation

Steven Hellman, CEO, Credit Suisse Russia

Mikhail Khodorkovsky, Chairman of the Board of Directors, SKB-Bank; General Director, Sinara Group

 13.30–15.00
Hall 3

Master Class

BEST PRACTICES OF CREATING HIGH QUALITY TOURIST PRODUCTS

Despite the vast tourism potential of its natural, cultural and historical resources, Russia's competitive ability as a tourist attraction has been a disaster in most other respects. The tourist products on offer can hardly attract a substantial number of foreign guests to the country, while national holiday-makers only go for domestic tourism out of necessity. As a result, tourist service imports are almost 10 times above exports.

The struggle for higher quality tourist services has proven a challenge and many years of efforts in the sphere have yielded controversial results. What prevents Russia's regions from taking what seem to be logical steps to create competitive modern resort brands? How have some projects managed to achieve that aim?

At the master class Russia's travel industry leaders will share their success stories and discuss the outlook for further development.

Moderator:

Yury Barzykin, Chairman of the Committee of the Chamber of Commerce and Industry of Russia for enterprise in the tourism, resort recreation and hotel sectors; Vice-President, Russian Union of the Travel Industry

Speakers:

Olga Golodets, Deputy Prime Minister of the Russian Federation

Alexander Bazhenov, General Director, Chairman of the Board, Federal Centre for Project Finance

Bastien Blanc, Vice-President of Sales, Marketing and Business Development in Russia and the CIS Countries, Interstate Hotels and Resorts

Jean-Francois Durand, General Manager, Hyatt Regency Sochi Hotel

Sergei Efimenko, Founder, Russian Park historical and cultural centre

Sergei Ivanov, Chairman, State Committee of the Republic of Tatarstan for Tourism

Dmitry Okorokov, President, Zavidovo Development

Vadim Prasov, Vice-President, Federation of Restaurateurs and Hoteliers

Grigory Sarishvili, Deputy Head, Federal Agency for Tourism

 Panellists:

Viktor Abulgafarov, General Director, Omega Centre

Marina Ageyeva, Minister, Ministry of Tourism and Resorts of Kaliningrad Region

Kazbek Appoyev, Head of Department for Development of the Tourism and Recreation Industry and Resorts, Ministry of Tourism and Resorts of the Karachay-Cherkess Republic

Nana Gvichia, General Director, St. Petersburg Tourist Information Bureau

Veniamin Golubitsky, President, KORTROS GC

Alex Delaroff, General Director, Russian Management Hotel Company

Yevgeny Kudelya, Minister of Resorts and Tourism, Krasnodar Region

Asel Smolyar, Head of Successful Russia Project, World Without Borders

 13.30–15.00
Hall 4

Panel Discussion:

THE RUSSIAN STOCK MARKET AMID SANCTIONS: SEEKING A FOOTHOLD

If foreign markets are shut to Russian companies and large banks, then funding of the real economy will be increasingly dependent on the national financial sector. But does it have what it takes to provide requisite financing on reasonable terms? Should household savings be relied on for this purpose? Should investors expect to enjoy enhanced protection and higher rates of return? What should be done to build up an efficient capital market in Russia? Should Russia expect inflows of high-risk capital and can it be used as leverage for economic growth?

Moderator:

Elmar Murtazaev, Editor-in-Chief, Forbes Russia

Speakers:

Alexander Afanasyev, Chairman of the Board, Moscow Exchange

Yuri Belonoshchenko, CEO, UralSib Asset Management

Yevgeny Gavrilenkov, Chief Economist, Sberbank CIB

Svetlana Le Gall, Managing Partner, CEO, Aconit partners SA

Vasily Sidorov, Managing Partner, EuroAtlantic Investments

Alexei Timofeyev, Chairman of the Board, Russian National Association of Securities Market Participants (NAUFOR)

Konstantin Ugryumov, President, National Association of Non-State Pension Funds

 13.30–15.00
Hall 5

Check-up

RESET OF THE “IT DEVELOPMENT ROADMAP” – RUSSIA’S CONTRIBUTION TO THE MULTIPOLARITY OF THE GLOBAL SOFTWARE INDUSTRY

The roadmap covers the development of training and career enhancement system in the IT-sector, promotion of IT-research and designs, infrastructure development and improvement of institutional conditions.

The event will feature discussions of the preliminary results of the ‘roadmap’ implementation with representatives of government authorities, business and foreign specialists with a view to identifying further development priorities for the Russian IT industry and evaluating Russia’s IT prospects by 2020.

Moderators:

Sergei Plutogarenko, General Director, Russian Association for Electronic Communications (RAEC)

Speakers:

Sergey Andreev, CEO, ABBYY

Oleg Bochkarev, Vice-Chairman, Military-Industrial Commission under the Government of the Russian Federation

Wan Biao, President, Huawei Russia

Drew Guff, Managing Director, Russia Partners

Nikolai Nikiforov, Minister of Communications and Mass Media of the Russian Federation

Boris Nuraliyev, General Director and Founder, 1S

Panellists:

Igor Agamirzyan, CEO and Chairman of the Board, RVC

Ivan Alekhin, General Director, New Technologies

Igor Bogachev, Vice-President, Executive Director of IT Cluster, Skolkovo Foundation

Oleg Bocharov, Head, Department of Science, Industrial Policy and Entrepreneurship of the City of Moscow

Kirill Varlamov, Head, Internet Initiatives Development Fund

Sergei Grebennikov, Deputy General Director, Russian Association for Electronic Communications (RAEC)

Dmitry Mramorov, General Director, Kontur

Roman Shaikhutdinov, Deputy Prime Minister – Minister of Information and Communication of the Republic of Tatarstan

 13.30–15.00
Radisson Blu

(invitation only)

Panel Discussion

INVESTMENT CLIMATE IN THE REGIONS: HOW TO ENSURE A DEVELOPMENT POLICY WITH LIMITED RESOURCES

15.00–15.30

Coffee Break

 15.30–17.00
Hall 1

Panel Discussion

MADE IN RUSSIA FROM CORPORATE BRANDS TO COUNTRY IMAGE

Under the auspices of Bosco di Ciliegi Group

In the Anholt-GfK Roper Nation Brands Index, the top 50 ranking of national images in the world, Russia came in 25th place in 2013. Russia is, in fact, the only G8 member without a national brand development strategy or brand marketing and consulting support. With the accession to the WTO, smart promotion of national producers has become a particularly important issue. Meanwhile, some Russian corporations have already established their brands globally. During the panel discussion, heads of Russian companies will share their experience of avoiding critical mistakes and their vision of how to promote a stronger national brand.

Towards the end of 2014, the official Made in Russia sign will be introduced for Russia-made products. Will a recognizable quality marker help to improve the ratings of Russian products globally and domestically? How can forgery be avoided and the highest possible credibility of expert assessments be guaranteed? What can and must business do to win a worthy place for its products on the international commodity market? What public-private partnership formats are possible in the branding sphere?

Moderator:

Mikhail Kusnirovich, Chairman of the Board of Directors, Bosco di Ciliegi Group

Speakers:

Dmitry Medvedev, Prime Minister of the Russian Federation

Denis Manturov, Minister of Industry and Trade of the Russian Federation

Marcus Ozegovich, General Director, Volkswagen Group Rus

Maxim Protasov, Chairman of the Board, Association of Food Product Manufacturers and Suppliers (RusProdSoyuz)

Vitaly Savelyev, CEO, Member of the Board of Directors, Aeroflot

Jose Torres, Founder and CEO, Bloom Consulting

Regina von Flemming, member of the Management Board, Chairman, Corporate Social Responsibility Committee, Russian-German Chamber of Foreign Trade; General Director, Axel Springer Russia Publishing House

Panellists:

Anton Bulanov, Head of Brand Management Programme, Higher School of Marketing and Business Development, Higher School of Economics

Igor Bukharov, President, Federation of Restaurateurs and Hoteliers

Vadim Dymov, Chairman of the Board of Directors, Dymov

Konstantin Kuzin, Chairman of the Board of Directors, Megapolis Group

Yury Mikhailichenko, Executive Director, Russian Franchising Association

Stanislav Naumov, President, Russian Public Relations Association

Mikhail Pogosyan, President, United Aircraft Corporation

Jacques von Polier, Managing Director, Petrodvorets Raketa Watch Factory

Ilya Serov, General Director, BTC Group

Shigeo Suzuki, CEO, Panasonic Russia

Valery Fadeyev, Editor-in-Chief, Expert magazine

Antonina Tsitsulina, President, Association of Children's Products Industry Businesses

 15.30–17.00
Hall 3

Panel Discussion:

RUSSIAN INNOVATION IN THE NEW GEOPOLITICAL CONTEXT – REDESIGNING GLOBAL COOPERATION

Under the auspices of R-Pharm Group

Ongoing global changes have made discussions of opportunities for the innovative development of countries and access to technologies increasingly relevant. Politically motivated barriers can only be removed if a flexible system of cooperation is pursued with the key economic centres. Engagement in technology and fundamental science with Asian economic partners and in the framework of BRICS has turned into a priority for Russia.

What moves should be made to expand technology cooperation with emerging economies?

Which cooperation formats are the most promising ones?

Which scenarios can be implemented in the context of potential geopolitical changes?

Moderator:

Igor Agamirzyan, CEO and Chairman of the Board, RVC

and Fyodor Lukyanov, Chairman of the Presidium, Council for Foreign and Defence Policy, Editor-in-Chief, Russia in Global Affairs magazine

Speakers:

Mikhail Abyzov, Minister of the Russian Federation

Ilya Golubovich, Member of the Board of Directors, Dauria Aerospace; Founder, I2BF Global Ventures

Anatoly Karachinsky, President, IBS Group Holding

Sergei Nedoroslev, Chairman of the Board of Directors, Kaskol

Artem Oganov, Professor, State University of New York

Marcos Pinotti, Advisor for technology, Office of the President of Brazil; Professor, Federal University Minas Gerais

Alexei Repik, Chairman of the Board of Directors, R-Pharm

Michael Tay, Executive Director, Russia-Singapore Business Forum

 15.30–17.00
Hall 4

Check-up

INVESTOR CHECK-UP ON GOVERNMENT SUPPORT INSTRUMENTS FOR AGRICULTURE

Russia's agribusiness has been fraught with considerable risks for both entrepreneurs and investors. Without some form of government support individual farmers cannot compete on the global market, maintain a high quality product, and, simultaneously, remain economically viable. Significant budget allocations are being earmarked annually for supporting the agroindustry but there are still many outstanding problems.

How efficiently does the government manage investment processes in agriculture? Are business services in the agricultural sector becoming any more reasonably priced and is there really a demand for them among the business community?

Moderator:

Darya Snitko, Deputy Head, the Consumer Sector and Related Industries, Economic Forecasting Centre, Gazprombank

Speakers:

Oleg Betin, Governor of Tambov Region

Andrei Bocharov, Acting Governor of Volgograd Region

Alexander Sabirov, Chairman of the Board of Directors, UK Fabrika Ovoshchey

Mikhail Skvortsov, Vice-President, Miratorg

Yelena Tyurina, General Director, Institute of Agrarian Marketing

Yevgeniya Uvarkina, Chairman, Commission on Agribusiness and the Development of Rural Areas, Civic Chamber of the Russian Federation

Dmitry Yuryev, Deputy Minister of Agriculture of the Russian Federation

Panellists:

Igor Babaev, Chairman of the Board of Directors, Cherkizovo Group

 15.30–17.00
Hall 5

Master Class

REGIONAL DEVELOPMENT THROUGH BUSINESS DEVELOPMENT

Local authorities have not been fully involved in the nationwide system to improve the investment climate; however, it is at the local level that investors face many challenges and barriers. This is why the business community is increasingly calling for many of the current problems of doing business to be tackled while addressing improvements in the system of local administration. What changes should be introduced to the system of local administration to make this happen? How do some municipal entities manage to become successful economic territories and attract investors despite difficulties and challenges? How can other territories make use of their practices?

Moderator:

Ilya Syomin, Vice-President, Business Russia

Speakers:

Dmitry Azarov, Head of Samara Urban District

Alexander Kalinin, First Vice-President, OPORA RUSSIA; Director, Granitny Bereg

Sergei Katyrin, Chairman of the Board and President Chamber of Commerce and Industry of Russia

Sergei Kolesnikov, President, Tekhnonikol corporation

Sergei Sitnikov, Governor of Kostroma Region

Ali Tyrnava, Head of Moscow Office, Confederation of Businessmen and Industrialists of Turkey (TUSKON)

Michael Harms, Chairman, Russian–German Chamber of Commerce

Panellists:

Vladislav Varyanik, Director, Key Partner

Leonid Gunkevich, Chairman of the Board, Sverdlovsk Region Department, Business Russia

Alexei Kokorin, Acting Governor of Kurgan Region

Pavel Solodky, Presidential Commissioner for Entrepreneurs’ Rights in Nizhny Novgorod Region

 15.30–17.00
Hall 6

Round Table

SOCHI AFTER THE OLYMPICS: HOW SHOULD THE LEGACY OF THE GAMES BE USED?

Many host countries of the Olympic Games and other major sporting events have not found an effective use for the constructed infrastructure and athletic facilities after the Games, a bad example for those planning to conduct large-scale events.

How can we extend the triumph of the Sochi Olympics by maximising the benefits of that mega-project? The Olympic Games gave the city a world-class athletic and social infrastructure, set new standards for construction and living, and created a mindset without barriers. The next task requires considerable effort and resources: adapting the function of all these systems for the daily life of the city and for the development of Sochi as a mountain resort. What mechanisms are required for a profitable public-private partnership? How can investors be attracted? And how can Sochi’s development continue into the future?

Moderator:

Alexander Kuzmak, TV and radio presenter

Speakers:

Veniamin Golubitsky, President, KORTROS GC

Andrei Elinson, General Director, RogSibAl

Vitaly Mutko, Minister of Sport of the Russian Federation

Yevgeny Otnelchenko, Business Consulting Partner and Sochi 2014 Programme Leader, PwC

Anatoly Pakhomov, Mayor of Sochi

Yuri Reylyan, Deputy Minister of Construction, Housing and Utilities of the Russian Federation

Alexander Tkachev, Governor of Krasnodar Region

Andrei Cherezov, Deputy Minister of Energy of the Russian Federation

Nikolai Shlentsov, Deputy General Director – Executive Director, Roza Khutor

Panellists:

Ilya Averbukh, General Director, MMG Skating

Alexander Gorshkov, President, Russian Figure Skating Federation

Yuri Nagornykh, Deputy Minister of Sport of the Russian Federation

Dmitry Svishchev, President, Russian Curling Federation

Vladislav Tretyak, President, Russian Ice Hockey Federation

 15.30–17.00
Tolstoy Hall

Panel Discussion

PRIVATE INVESTMENT IN SECURITY: MARKET OUTLOOK FOR THE SECTOR

Ensuring integrated protection of the population and territories against natural and man-made emergencies remains high on the state agenda. Building the state–business– population triad on a Public Private Partnership (PPP) basis will help establish a reliable integrated security system.

Can investment in health and safety be treated as an instrument to ensure sustainable development of the regions? Will the development and introduction of integrated security systems in territories increase the overall investment appeal of the regions? What are the main PPP development mechanisms in the promotion of health and safety?

Moderator:

Victor Ivanter, Academician, Russian Academy of Sciences; Director, Institute of Economic Forecasting of the Russian Academy of Sciences

Speakers:

Alexander Ageyev, General Director, Institute for Economic Strategies, Social Sciences Division, Russian Academy of Sciences; full member, Russian Academy of Natural Sciences

Yuri Vorobyov, Deputy Chairman, Council of the Federation of the Federal Assembly of the Russian Federation

Vladimir Kuvshinov, Secretary-General, International Civil Defence Organisation (Switzerland)

Boris Porfiryev, Chief Scientist, All-Russian Research Institute for Civil Defence and Emergency Situations of the Russian Ministry of Emergency Situations

Vladimir Puchkov, Minister of the Russian Federation of Civil Defence, Emergencies and Elimination of Consequences of Natural Disasters

Irina Yarovaya, Chairman of the Security and Anti-Corruption Committee, State Duma of the Federal Assembly of the Russian Federation

Panellists:

Valery Akimov, Head, All-Russia Scientific Research Institute on Problems of Civil Defence and Emergency Situations

Viktor Bondarenko, Vice-President, Union of Associations and Partners in the Entertainment Industry (SAPIR)

Marina Bludyan, Ombudsman, Public Representative of the Russian Presidential Commissioner for Entrepreneurs' Rights

Mikhail Berzilin, Chairman, All-Russian Voluntary Fire Organisation

Alexander Ovsyanik, Head of Scientific and Technical Directorate, Ministry of Emergency Situations of the Russian Federation

Leonid Sorkin, General Director, Honeywell (Russia)

Sergei Shchetinin, Senior Vice-Chairman of the Supreme Soviet – Chairman of the Executive Committee, Russian Rescuers' Union

 15.30–17.00
Dostoevsky Hall

Panel Discussion:

INDUSTRIAL PARKS – IMPORT-SUBSTITUTION INFRASTRUCTURE IN EURASIA

Industrial parks, as the most efficient form of organising industrial areas, are a key instrument of industrial expansion. In the context of Eurasian integration and the signing of the treaty on the establishment of the Eurasian Economic Union (EEU) by Belarus, Kazakhstan and Russia, the implementation of concerted policies in the creation and operation of industrial and agro-industrial parks within the EEU gains relevance, including for the purpose of raising foreign investments in industry and implementing import-substitution programs. As of today, one of the most effective instruments for boosting import substitution is the creation of local production facilities of foreign companies to meet domestic demand and subsequently develop their export potential.

Moderator:

Denis Zhuravsky, CEO, Association of Industrial Parks; GR Director, Singenta

Speakers:

Vladimir Vladimirоv, Governor of Stavropol Region

Mikhail Volkov, Managing Director, Schaeffler Manufacturing Rus

Oleg Kostin, Vice President, Gazprombank

Senzaki Masafumi, General Director, Hitachi Construction Machinery Eurasia Manufacturing

Vladimir Maltsev, Director, Department of Industrial Policy, Eurasian Economic Commission

Dmitry Ovsyannikov, Director of Regional Industrial Policy Department, Ministry of Industry and Trade of the Russian Federation

Tuncay Ozilhan, President, Industrial Holding Anadolu

Panellists:

Anton Kalin, Director of Business Development, Astron – Lindab Buildings

Roman Karaulov, Chairman of the Board of Directors, KPI Holding

Artem Kireyev, General Director, Bashkortostan Republic Development Corporation

Iwao Ohashi, Adviser to the Association of Industrial Parks on cooperation with Japan and the APR countries

Alexander Smekalin, First Deputy Prime Minister of Ulyanovsk Region

Dmitry Yalov, Vice-Governor of Leningrad Region; Chairman of the Committee for Economic Development and Investment Activities

 15.30–17.00
Chekhov Hall

Panel Discussion

THE TAX BURDEN ON RUSSIAN BUSINESS: A BREAKING POINT?

The last few months have seen numerous government initiatives aimed at adjusting the business taxation strategy. Entrepreneurs are concerned that the new arrangements, if approved, will result in an excessive tax burden. How does business respond to these signals? Is there any chance Russian business will move into the shadow economy or other jurisdictions? Will the increase in taxes not undermine the already unstable economic growth? Will business and the state at last be able to have a constructive dialogue about the medium-term parameters of the business taxation policy? Is Russia capable of creating an attractive investment environment using taxation policy instruments?

Moderator:

Alexander Bragin, Executive Director, Analytical Centre Forum non-commercial foundation

Speakers:

Arkady Dvorkovich, Deputy Prime Minister of the Russian Federation

Yevgeny Gavrilenkov, Chief Economist, Sberbank CIB

Boris Grozovsky, economic observer, Forbes magazine

Yevgeny Nadorshin, Chief Economist, Sistema

Galina Naumenko, Partner, PwC

Boris Titov, Presidential Commissioner for Entrepreneurs’ Rights

Alexei Ulyukayev, Minister of Economic Development of the Russian Federation

Panellists:

Sergey Belyakov, Chairman of the Management Board, St. Petersburg International Economic Forum Foundation

Vladimir Klimanov, Director, Institute for Public Finance Reform

Andrei Malyshev, President, E4

Ilya Trunin, Director, Department for Tax and Customs Tariff Policy, Ministry of Finance of the Russian Federation

ABOUT FORUM

Organising Committee

FAQ

PROGRAMME

Business programme

Cultural programme

FOR PARTICIPANTS

Registration

List of participants

Hotels reservations

Transport services

Foreign operators

Visa support

Advertising

Badge Issue

Issue of report documents

Meeting rooms

Restaurants

Objects arrangement scheme of the Forum

Access to Forum area

Catering zones

FOR SPONSORS

Sponsor packages

Sponsors of Forum

Media Partners

FOR EXHIBITORS

Renting exhibition space

Registration of Stand Assistants

FOR MEDIA

Registration

Accredited Media

Media operating rules

Hotels reservations

CONTACTS