non-financial development institution
major organizer of congress and exhibition events
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Чачин Михаил

Mikhail Chachin

Vice President, Sberbank
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
An idea that business in this sector should not focus on extracting profits is not that paradoxical. There are economic laws that cannot be broken. If we think of private public partnerships, we need to understand that business partners up to resolve the social task not just because someone said so or just because it happened so. Business partners up because it wants an adequate revenue and clear rules not for a year or two, but of for 10–12 years. It is a serious challenge for all of us. Unfortunately, we cannot see the forecast this deep yet