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

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 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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Challenges and Opportunities for Young People in the Digital Economy
14 February 2018
Experts estimate that Russia will face a number of challenges within the next 5–10 years which will significantly change the requirements placed on human capital — the working population, along with its qualifications, skills and professions. How will the role of young people in the digital economy change and what can be done now? What should employers look out for when hiring young people? How can they build teams that are capable of working effectively in this new reality? Trends that are having the greatest impact on the business environment:
The digitalization of the economy The digital economy has been recognized as a key economic development tool in Russia and worldwide. Digitalization could make over 6 million jobs in Russia redundant and cause changes to the requirements and structure of a further 20 million.
The changing demographic profile of the population It is anticipated that the number of young people, who are among the highest contributors to society, will decreased by 29%, and that the proportion of ‘older’ people will grow by 32% (Rosstat)
The growth of global competition for human capital and, as a result, an outflow of professionals away from Russia.
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