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

RC personal account
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David  Iakobachvili

David Iakobachvili

President, Orion Heritage
Quotes
23.01.2019
Russia House in Davos 2019
Russia: DNA of the New Entrepreneur
There’s just 2% [of young people] willing to become business people. Breaking this trend is easy. You need to make it popular
23.01.2019
Russia House in Davos 2019
Russia: DNA of the New Entrepreneur
Today’s young people are so vibrant, they have so many ideas. They work and think in a different fashion, and they see a different future for Russia and the whole world
23.01.2019
Russia House in Davos 2019
Russia: DNA of the New Entrepreneur
We heard promises to keep existing conditions for 5 years, which was, unfortunately, never delivered. Despite the number of those promises, things change one way or another every year
23.01.2019
Russia House in Davos 2019
Russia: DNA of the New Entrepreneur
Business people are the main bread winners that replenish our country’s budge
26.05.2018
SPIEF 2018
Supporting Youth Entrepreneurship in the G20 Countries
Young people need confidence in the future, that the terms of the game will remain the same. Every person who starts doing something wants to be sure that after 5–6 years they would be able to build their own little business, feed their family, benefit their community and the state
26.05.2018
SPIEF 2018
Supporting Youth Entrepreneurship in the G20 Countries
Unfortunately, last year alone 40 thousand progressive clever young people left the country to live and work abroad. They work in hi-tech innovative businesses. Many of them, being just 25–26 years, old pulled off an ICO and raised USD 100 million. They have creative minds. For reference, only 12 thousand left the country in 2016, and 40 thousand in 2017
26.05.2018
SPIEF 2018
Supporting Youth Entrepreneurship in the G20 Countries
Unfortunately, the level of entrepreneurial activity in Russia is very low – only 2–2.5%. Sadly, the young prefer to work in state corporations or in some prestigious major agencies. This does not facilitate development of the country, because it is business that provides the main surplus value and replenishment of the budget. Even the European countries with the lowest level of entrepreneurship are at 5–7%, but you can find double-digit numbers as well
26.05.2018
SPIEF 2018
Commercial Reputation: When One’s Word is Not Enough
First you need to win trust, no matter what you do. <...> Reputation is when you stay true to your word. <...> This is the main thing in business, and it should be the main thing in politics. Years and everyday efforts allow you to gain a reputation. <...> And it's easy to destroy a reputation
25.05.2018
SPIEF 2018
Russia–USA
Strange as it may seem, in January–March, the trade volume between Russia and the US increased by 9.4% year over year, and amounted to $5.2 billion. At the same time, Russian exports increased by 14.3% to $2.6 billion. And imports increased by 4.7% to $2.5 billion. Of course, that’s nothing compared to what we would like to achieve. On the other hand, that is a good indicator. Even in this situation, our volume is increasing
24.05.2018
SPIEF 2018
Taking Responsibility for the Future: A Long-Term Investment Strategy for Business
Business cares. It takes great responsibility for the future, and invests long-term. The business strategy is to invest in long-term projects so that our children live much better lives than we do