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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Irina Parfentieva

Irina Parfentieva

Deputy Chief Editor, RBC
Quotes
04.06.2021
SPIEF 2021
Russia’s Golden Era for E-Commerce
The pandemic has not only changed the world and every process within it, it has changed each one of us. The months-long restrictions on traditional retail and people’s movement naturally made buyers and sellers move online – even the most behind-the-times and conservative ones. Online consumption is no longer the domain of Millennials and Generation Z. Indeed, online stores have seen the arrival of a cohort of people – including even reticent individuals – aged between 44 and 55. Here are a few statistics: during the pandemic, between 29% and 39% of consumers in this age group discovered for themselves at least one online store. For businesses, the pandemic immediately heralded several trends across a range of different areas. The markets themselves changed, the borders closed, and disruption to logistics chains led to purchases within Russia increasing. <...> Before 2020, e commerce market penetration grew at a rate of below 1%. However, last year, it grew by 2–2.5%