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22 February 2018

Results of the Russian Investment Forum: the Event in Figures

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The Russian Investment Forum in Sochi assembled members of federal and regional authorities, leading economists and entrepreneurs, heads of major Russian and foreign companies. Proxy Centre successfully performed accreditation of the participants, providing high-quality services and meeting all customers’ requests.

The Company provided accreditation for Forum participants, media covering the event, and for the technical personnel working on preparing and holding the Forum. Principal accreditation points were set up at Sochi’s Main Media Centre and the Radisson Congress Centre. Another accreditation point was set up at the World Trade Centre in Moscow. The accreditation point for Forum technical personnel was at the Tulip Inn hotel.

Proxy Centre provided the requisite equipment and software; the company trained temporary staff working on accreditation by holding specialized briefings and training sessions. Accreditation points were open for the duration of the Forum; they also served as information desks where Sochi Forum participants and guests could obtain exhaustive information about the event.

The speech by Russian Prime Minister Dmitry Medvedev at the “Investing in the Regions, Investing in the Future” Plenary Session was the Forum’s key event. “We ensured macroeconomic stability that had long been talked about by various people”, the Prime Minister said. “Even under the sanctions, our economy has become less vulnerable to external shocks and less dependent on raw material prices. We have brought inflation to a record low of 2.5%. We have a stable financial system and natural currency exchange rate. We have a balanced budget and, this year, we may even have a surplus. What is more, we are beginning to accumulate funds in our sovereign wealth fund. The GDP is demonstrating growth, even though relatively small, as a result, among other things, of targeted sectoral support. I cannot help noting that is the outcome of our joint work, Russia’s record-breaking grain harvest. It means our rural areas have developed a new way of life. We need to take all those positive trends further.”

Russia’s Prime Minister also attended the “Infrastructure Mortgage: Public-Private Partnership 2.0” roundtable, met with members of the Russian business community and held a meeting with heads of Russia’s regions to discuss development prospects for inter-budgetary relations and spatial development strategies, as well as removal of infrastructure restrictions.

6,123 participants from Russia and another 63 countries took part in the Russian Investment Forum in Sochi – 27% more than last year.

538 agreements and protocols of intent, worth a total of RUB 794.057 billion (only includes agreements whose value is not a trade secret), were signed on the Forum sidelines

Facts and figures of the Russian Investment Forum 2018

  • 55 events were featured on the Forum business programme;
  • more than 500 speakers and moderators engaged in professional discussions at panel sessions and roundtables;
  • 116 foreign companies attended the Forum, 80 of them represented by their heads;
  • 896 members of the Russian business community attended the Forum;
  • 52 Russian regions presented their investment opportunities at the Forum’s Investment project exhibition, covering 8,800 square metres;
  • 440 investment projects were presented by the municipalities of a single Russian region, Kuban;
  • 77 heads of Russian regions took part in the Sochi Forum discussions;
  • 32 major companies were Forum partners, including JSC Rosseti, PJSC Rostelecom, HYUNDAI MOTOR CIS, PJSC Aeroflot, VTB Bank, Sberbank and Gazprom.
  • 32 media outlets covered the Russian Investment Forum as Forum partners, including Russia’s leading media Russia 24, Business FM, Russian News Agency TASS, Rossiya Segodnya, Interfax Information Services Group, Kommersant, business daily Vedomosti, Rambler News Service, Lenta.ru, Gazeta.ru, FSBI Editorial Rossiyskaya Gazeta, RT, and RBC. THOMSON REUTERS international information agency was also the Forum’s information partner. 

The biggest agreements concluded at the Forum:

Between VTB and Magnit on purchasing 29.1% of stock. The agreement is worth RUB 138 billion.

Between RUSAL Taishet LLC and Vnesheconombank on constructing the Taishet aluminum plant with the capacity of 429,000 tonnes. The agreement is worth RUB 80.3 bn.

Between the Rostov region and Russian Highways (Avtodor) on building a highway around Aksay. The agreement is worth RUB 77.4 billion.