New York, October 20, 2011 - NYSE Euronext (NYX), in
partnership with International Roundtable, will host the first
annual Russia Business and Investment Summit (RBIS) at the New
York Stock Exchange (NYSE) on Thursday, Oct. 27 and Friday,
Oct. 28. The summit will open with one-on-one meetings
between public and private Russian companies and investment
funds on Thursday. Friday's agenda will feature keynote
speeches and panel discussions with notables including:
Stanislav Voskresenskiy, Deputy RF Minister of Economic
Development, Oleg Viyugin, Chairman of the Board of Directors,
MDM Bank; Steven Lawrence Geiger, Chief Operating Officer,
Skolkovo; Mark Gyetvay, CFO, Novatek, Evgeny Kornilov, CFO, UC
RUSAL and Vladislav Baumgertner, CEO, Uralkali, among others.
Summit topics will include an evaluation of the successes of
the US-Russia "reset," challenges associated with
doing business in Russia, Russia's top-down economic and
strategic outlook, key reforms needed to improve Russia's
investment climate, and, the potential implications of
recent political developments for Russia's business
environment. The panels will highlight leading executives
from the mining, manufacturing, energy, financial services,
pharmaceuticals, retail, IT, media, and the
telecommunications sectors. To view a preliminary
agenda, please visit
www.irtinc.org/NYSE_RBIS.
"NYSE Euronext is pleased to partner with IRT to host
the Russia Business and Investment Summit," said
Diederik Zandstra, Head of International Listings at NYSE
Euronext. "The summit will present US investors
with valuable insight and exposure to business investments in
Russia, the world's 11th largest economy. The forum
will also offer Russian companies the prospect of elevating
their brand awareness and visibility to the deepest pool of
investors outside the region."
Ed Kuczma, an investment team member at Van Eck Global,
outlined the following next steps for retail in Russia:
"The pieces are in place for investors to take advantage
of the potential of the growing middle class and increasing
levels of consumption. This segment of the economy can be
used to reduce the volatility in economic growth and steer
Russia away from being dependent on commodity exports. In
addition, the modernization of Russian retail sales has the
potential to create additional jobs, attract foreign direct
investment and develop new industries that can supply goods
and services to fulfill the pent-up demand of Russian
consumers. With so many positive indicators for Russian
retail sales it is clear that fundamental changes to the
business culture must take place in order for Russia to
continue to develop as an appealing market for significant
foreign and domestic investment."
"Russia not only offers many interesting investment
opportunities but the stock market is developing at quite a
fast pace when it comes to the amount of instruments you can
use for hedging. The region is now sophisticated enough to
attract a hedge fund strategy but still offers opportunities
of mispricing or where the risk reward is attractive." -
Johan Ekstrom, Senior Portfolio Manager, Opal Russia
Fund.
The Summit will break for the NYSE Closing Bell, which will
be rung by summit speakers and panelists, and will conclude
with a reception in the NYSE Board Room. RBIS speakers
will be available for interviews throughout the day.
Event partners include: U.S.-Russia Business Council;
American-Russian Chamber of Commerce and Industry; The M&A
Advisor; Mikhailov & Partners; EPAM; and, Russia Beyond The
Headlines, among others.
For more information and to register for the event, please
contact:
Taisiya Solovyeva
646-415-9268
info@irtinc.org
www.irtinc.org
Media interested in covering the summit should contact:
Anna Sergeeva
media@irtinc.org
Judy Shaw
NYSE Euronext
212.656.4290
jshaw@nyx.com
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