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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 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 5000 people working in Russia and abroad. In addition, it works in close cooperation with 132 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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Research
30.01.2018

European Attractiveness Survey - Russia

The EY survey of the investment attractiveness of European countries is conducted on the basis of the EY European Investment Monitor (EIM). This database exists to track investment projects, within which new enterprises and jobs are created. It allows for assessing the real inflow of foreign investment into industrial production and services in Europe, excluding portfolio investments and mergers and acquisitions.

In 2016, foreign direct investors announced a record 5,845 new projects in Europe, up 15%. With 5,845 new projects in Europe in 2016 (up 15%), foreign direct investment created 259,673 jobs (up 19%): that’s twice as many as were being created in the wake of the financial crisis. European investors provide 56% of projects
in Europe. Most investments in Europe still come from the United States, but in the aggregate the largest source of cross-border cash flows on the continent (56%) are European investors, primarily from Germany, Britain and France.

In Russia, there has been a positive trend over the review period. Thus, for a year the number of projects in Russia, in which foreign companies have invested, has grown to 205. This indicator was the highest for the last 12 years. The number of FDI projects in Russia reached 205 in 2016. This indicator allowed Russia to rise one position up in the list of top-10 European countries in terms of the number of FDI projects and take the seventh place. Russia got ahead of Belgium, which for the year dropped from sixth to eighth place. In 2015, Russia took the first place in Europe with 61%. In 2016, growth rates were relatively slow, amounting to only 2%. Nevertheless, it turned out to be enough that the final index of 205 projects would be the highest for Russia for the whole period of the survey.

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