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 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 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 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

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

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Managing Hidden Reserves: Increasing Business Stability at a Time of Import Substitution
17 June 2022
17:00—18:15
The imbalance on the domestic and foreign markets forces enterprises to alter their technological processes, change supply chains, search for new suppliers, and look for opportunities to increase output given the fast tracking of import substitution. The changes in external conditions that have taken place are above all increasing the cost of risk management and the introduction of new solutions. In particular, each individual enterprise faces a wide range of problems that it cannot solve alone. A systemic problem requires a systematic approach. Multilateral support is needed for the entire chain of suppliers involved in the manufacturing process of an enterprise’s product: raw materials, packaging, components, and so on. If one looks at the output of a final product as a set of processes by the companies involved in its production, the elimination of bottlenecks in each process will help to achieve a cumulative synergistic effect for the entire chain as a whole. Where can Russian enterprises find additional opportunities to maintain their economic efficiency? How can hidden reserves be managed without attracting additional funding? What economic effect could the management of hidden reserves produce? What effect might such an approach have on the entire chain of suppliers of a particular product?
Date
17.06.2022
Forum
SPIEF
Started at
17:00—18:15
Conference hall
Congress Centre, conference hall D4
Analytics on the topic