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

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

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 126 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide Russia also cooperates with 92 Russian public organizations and 54 regional governments.

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Alexey Kondrashov

Alexey Kondrashov

Senior Advisor, BCG
Quotes
04.10.2018
Russian Energy Week 2018
Increasing the Efficiency of Oil Production: Responding to the Challenges
There is still a rather extensive and complicated system of regulation for wells that have been working for a long time, have become depleted, and are profitable at a particular oil price and unprofitable at another. Companies see which wells need to be shut down and which ones need to be turned on at a certain time. But our regulation system is such that we cannot shut down a well for more than 6 months. After 6 months we have to mothball it. Mothballing itself costs money. In fact, there is an increasing number of such wells, and something needs to be done with this regulation system