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 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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Vasiliy  Ignatiev

Vasiliy Ignatiev

CEO, R-Farm
SPIEF 2019
Innovative development of the pharmaceutical and biotech industry in Russia: keys to success
What does it take to persuade a Russian bank to issue a loan for investing in R&D? <...> They fear it as the devil fears the holy water. If you succeed, you need to include production sites, property rights for real estate, etc. RVC along with some other development institutions offer financing mechanisms, but it is not enough
SPIEF 2018
Life Sciences in 2030: A New Era for Biotechnology
In Russia, many projects are conducted in a format of collective development at the junction of commercial players and academic science in the universities. Here we face the lack of a culture of protecting intellectual property rights of scientific groups. Often times, research teams do not have enough resources and they simply ignore timely protection. A negative factor is a KPI development by the regulator, when the scientific teams are evaluated by citation indexes and publications. They chase it and go out into the public field before it's necessary, and lose the opportunity to patent their designs
SPIEF 2018
Providing Medications to the Russian Population
An auction is not an appropriate means of procurement when there is an original drug and a single producer who is not competing with anyone. We need to enter into more price negotiations based on long-term demand and price vs. volume