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 188 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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Sergey Fakhretdinov

Sergey Fakhretdinov

Chairman of the Board of Directors, Management Company Ruscompozit
Quotes
06.06.2019
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
We have to agree on the rules of the game. Not short-term of 2,3,5 years – but 10–20 years, so that business that chooses a PPP understood that there would not be any changes for the next two decades. Second, everyone, but the regions especially need to move towards prioritizing projects that can unite both business and government. These projects need to be well prepared
06.06.2019
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
Today, there is incredible demand for investment in the social sphere. Thus, the road construction industry is RUB 1.3 trillion short, housing is short RUB 300 billion annually. It shows, that there are opportunities of private-public partnership in Russia today, yet there are issues with the environment. The rules of the game are unclear and not transparent, especially when the business cooperate with the state. The risks the business carries are impossible to predict
06.06.2019
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
State companies push private companies away from the market. According to RBC, nearly 60% private companies do not show any profit. With this in mind, it is difficult to expect that business will invest in social or infrastructural projects with low profit rates and slim chances or recuperation