A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 209 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 212 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 86 countries worldwide, and 293 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.

Denis Nozdrachev

Denis Nozdrachev

General Director, InfraVEB
Quotes
11.09.2023
EEF 2023
Oil and Gas Refining: An Engine of Economic Growth
The Industry Development Fund programme is making a good contribution to the market – it is being used. <...> The cluster investment platform was also mentioned today. It’s a good mechanism which helps with attracting subsidized loans. VEB has a well-known Project Finance Factory programme, which helps lower the risk of rising interest rates for other commercial banks participating in projects. However, in addition to this, we will start testing an Equity Capital Fund mechanism, which I hope the market will like. So, the range of support provided by the state is multiplying
11.09.2023
EEF 2023
Oil and Gas Refining: An Engine of Economic Growth
High capital expenditures are the main issue when it comes to projects involving the establishment of complex, high-tech production facilities. And these [government support – ed.] measures are insufficient. We still need to have mechanisms in place that would compensate the capital investments made by those spearheading projects, and also to take on atypical risks
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