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Global Russia Business Meeting
6-7 April 2014,Valencia, Spain
a Horasis-leadership event
Co-host:
City of Valencia
Report
2
Horasis is a global visions community committed to enact visions for a sustainable future (http:/www.horasis.org)
Upcoming Horasis events:
Global India Business Meeting Liverpool, United Kingdom, 22-23 June 2014
Global China Business Meeting Lake Como, Italy, 13-14 October 2014
Global Russia Business Meeting
6-7 April 2014,Valencia, Spain
a Horasis-leadership event
Co-host:
City of Valencia
Co-organizers:
AMEC
Association of Orthodox Business Leaders
Association of European Businesses in Russia
Center for Entrepreneurship, Russia
CIERVAL: Confederation of Employers and Industries of the
Autonomous Region of Valencia
Delovaya Rossiya
InternationalYoung Entrepreneurs Club
Pacific Basin Economic Council (PBEC).
Russian-American Chamber of Commerce
Co-chairs:
Bo Inge Andersson President,AvtoVAZ, Russia
Christodoulos Angastiniotis Chairman, Invest Cyprus, Cyprus
Viktor A. Belogub Chairman, webinar.ru, Russia
Sergey Demin Chairman, SynergyTechnologies, Russia
JoséVicente González President, CIERVAL, Spain
Yoanna Gouchtchina Founder and Chief Executive Officer, ZeeRabbit Inc, Russia
DmitriA. Gromov Chief Executive Officer, RTSTelecom, Russia
Peter Loukianoff Chairman,Third Rome Black RiverVentures, USA
Alexey Matlakov Founder and Chief Executive Officer, Leto, Russia
Vachara Phanchet Chairman, Sittipol Holdings,Thailand
Alena Popova Co-founder, StartupWomen, Russia
AlfonsoVegara President, Fundacion Metropoli, Spain
Tan Sri Dato’ MichaelYeoh Chief Executive Officer,Asian Strategy & Leadership Institute, Malaysia
YuryVoicehovsky Chief Executive Officer, National InvestmentAgency‘Invest in Russia’, Russia
Strategic Partners:
Baker & McKenzie
The European House –Ambrosetti
3
Valencia Conference Center
4
Hotel Las Arenas,venue of the opening dinner
5
Table of Contents
Foreword 6
Celebrating the 2014 Russian Business Leaders of theYear 14
From Printed Houses toWooden Skyscrapers 16
Victor Zoubarev,Deputy of the Russian State Duma,
keynoting the Gobal Russia Business Meeting
Alexander Parkhomenko,Chairman,Euromesh Holding,Russia,
welcoming participants on behalf of Delovaya Rossiya
6
Foreword
The fifth Horasis Global Russia Business
Meeting which took place from 6-7April
2014 inValencia, Spain, was both oppor-
tune and relevant to exchange views and
ideas on the way ahead for Russia and the
world. Previous meetings were held in
Ljubljana, Slovenia (2010), Limassol (2011),
Luxembourg (2012) and Limassol (2013)
– however this meeting was overshadowed
by the difficult ongoing tensions between
Russia and the Ukraine and by the divergent
views expressed by other governments.
Frictions between Moscow and theWest
have surged in recent days as pro-Moscow
forces took over the Crimea, which then
held a referendum on becoming part of
Russia. Despite those tensions, participants
of the Global Russia Business Meeting
focused on how dialogue can solve the
complex underpinnings linked to this
lingering conflict.
A large number of CEOs from Russia came
together with leaders from around the
globe to discuss Russia’s and the world’s
current economic and political state.The
Global Russia Business Meeting provided a
valuable and timely opportunity for leaders
from government, business and academia
to meet and discuss Russia’s important role
as a driving force of the world economy.
We would like to share with you this report
which encapsulates the key topics and
ideas discussed as more than 300 partici-
pants from 30 countries attended the
Global Russia Business Meeting.This report
reflects the longstanding commitment of
Horasis to assist leaders in anticipating –
and preparing for – an increasingly challen-
ging future strategic environment.
The meeting was led by the following
meeting co-chairs: Bo Inge Andersson,
President,AvtoVAZ, Russia; Christodoulos
Angastiniotis, Chairman, Invest Cyprus,
Cyprus; Viktor A. Belogub, Chairman,
webinar.ru, Russia; Sergey Demin, Chair-
man, SynergyTechnologies, Russia; José
Vicente González, President, CIERVAL,
Rita Barbera,Mayor of Valencia,Spain – the patron of the 2014 Global Russia Business Meeting
Spain; Yoanna Gouchtchina, Founder
and Chief Executive Officer, ZeeRabbit Inc,
Russia; Dmitri A. Gromov, Chief Exe-
cutive Officer, RTSTelecom, Russia; Peter
Loukianoff, Chairman,Third Rome Black
RiverVentures, USA; Alexey Matlakov,
Founder and Chief Executive Officer, Leto,
Russia; Vachara Phanchet, Chairman,
Sittipol Holdings,Thailand; Alena Popova,
Co-founder, StartupWomen, Russia;
Alfonso Vegara, President, Fundacion
Metropoli, Spain; Tan Sri Dato' Michael
Yeoh, Chief Executive Officer,Asian
Strategy & Leadership Institute, Malaysia;
Yury Voicehovsky, Chief Executive
Officer, National Investment Agency
‘Invest in Russia’, Russia.
Horasis devoted this fifth edition of the
Global Russia Business Meeting to discus-
sing Russia’s choices to bolster its compe-
titive position in the world economy.
Participants examined the Russian economy
in terms of growth strategies, innovation,
technology, natural resources, entrepre-
neurship, social responsibility and
strategies for economic cooperation.As
Rita Barberá, Mayor of Valencia, Spain
put it during her welcoming words‘I am
pleased to welcome to the Global Russia
Business Meeting many companies and
individuals who have unveiled – despite the
ongoing geopolitical tensions – the basics
of a sustainable cooperation between Russia
and the world and are willing to share this
understanding with those who are just em-
barking on this journey.’
Yuri Korchagin,Ambassador of the Russian Federation to Spain
Virtual ribbon cutting ceremony
Alberto Fabra,President of the Valencia Generalitat,Spain,
addressing the audience
7
Antonio Ambrosetti,Senior Partner,The European House –
Ambrosetti,Italy,moderating the finance panel
Yury Voicehovsky,Chief Executive Officer,National Investment
Agency‘Invest in Russia’
As Russian and world leaders flew into
Valencia for this Horasis event, the situation
in the Ukraine was still instable. Despite
this situation, participants of the Global
Russia Business Meeting reasoned that
dialogue shall be used to full-effect to find
solutions.
Russia can look back to a successful hosting
of the XXIIWinter Olympic Games in
Sotchi.The Olympics were a commercial
success as well.With the most expensive
Winter Games ever, Russia’s economy
received further growth stimulus.The
Olympics are expected to boost winter
tourism within Russia. Many of the
Olympic venues will be reused for the
2018 FifaWorld Cup.
From the Opening Reception to the
Closing Dinner, participants inValencia
expressed their commitment to increased
global dialogue, symbolized through the
peoples connecting spirit of the Olympics.
They reached consensus that
Opening Plenary – Russia’s Changing Economic Outlook
Iurii Seniuk,Chief Executive
Officer,Global Strategy Centre,
Ukraine
Jose Carlos Garcia de Quevedo,
Director General,Invest in Spain
8
• despite the woes of the Russian-Ukrainian
conflict, Russia’s economy is relatively
robust. However, the economy is not
immune to geopolitical shocks.The on-
going conflict with the European Union
and the U.S. over the Crimea will impact
the Russian economy.
• policy makers will need to take further
steps to reduce the country’s depen-
dence on revenue from oil and gas.The
diversifying of the Russian economy shall
lead to the emergence of knowledge-
based industry clusters.
• Russia needs to strengthen its investment
climate.With theWTO-entry, Russia is
going to welcome more Foreign Direct
Investment as well as trade.
At the Valencia Conference Center Jose Vicente Gonzalez,President,CIERVAL,Spain,
speaking during the welcome dinner
Bo Inge Andersson,President,AvtoVAZ,Russia,
one of the meeting co-chairs
Galina Melnikova,Executive Director,Horizon,Russia
and Umberto Mazzei,Director,Institut des Relations
Economiques Internationales Sismondi,Switzerland
Participants listening to the welcome speeches
Viktor A.Belogub,
Chairman,webinar.ru,Russia,
making a point during a panel
Stacy Kenworthy,Chief Executive
Officer,OptiGlobal,USA
9
The Global Russia Business Meeting was
organized around what we believe to be
the major drivers of growth and forces that
will shape the new order: they will impact
both the financial economy and the real
economy in Russia and the world at large.
Participants had a rare opportunity to
explore Russia’s development from a
variety of points of view.An intensive
schedule of plenaries and boardroom
dialogue sessions was devoted to a variety
of relevant themes, including Russia’s
accession to theWTO, the country’s
geopolitical agenda, and strategies for
sustainable economic growth.Also on the
agenda were sessions on selected industry
sectors, including financial services and
natural resources, as well as more concep-
tual themes like the role of entrepreneur-
ship, diversification of the economy, and
strategies to boost Russia’s technology
sector.
At the Opening Dinner, Victor Zoubarev,
Deputy of the Russian State Duma, noted
that‘the economic and political relation-
ship between Russia and Spain has
extensive synergies and large potential.
Russia will continue to be an important
trading partner for the Spanish economy’.
He also emphasized that the Russian
government is thriving to create favorable
conditions for doing business, aimed at
increasing innovation and the effectiveness
Panel‘Spearheading or Aligning Capitalism’
Vachara Phanchet,Chairman,Sittipol Holdings,Thailand,
speaking on the opening plenary
Alfonso Grau,Vice Mayor,City of Valencia,
welcoming participants
Mikhail Treyvish,President,
OmniGrade Rating Monitoring
Agency,Russia
Natalia Kardash,Editor-in-chief,
Vestnik Kipra,Cyprus,moderating
a panel
10
of state governance. Alexander
Parkhomenko, Chairman, Euromesh
Holding, welcomed participants on behalf
of Delovaya Rossiya, the Russian entre-
preneur federation:‘I am glad to see a
large number of Russian business leaders
attending this Global Russia Business
Meeting,’ he said.
Alberto Fabra, President of theValencia
Generalitat, Spain, said,‘I see signs of
sustained economic growth asValencia and
Spain will benefit from the continued
drive generated by Russia’s expanding.’
Looking aheadValencia sees a broad field
of potential, both in doing business with
Russia; and Spain sees a regional hub for
Evgeniya Shamis,Founder and Chief Executive Officer,
Sherpa S Pro,Russia
Panel‘Spurring the Economics of Innovation’
Stephen Vasconcellos-Sharpe,Publisher,Country Strategic,UK,
moderating the panel on Regional Divergence
Mark Minevich,President,Going Global Ventures,USA,
making a point on Russian firms investing overseas
Ivan Sempere,Founder,
Padima,Spain
Stefan Benedetti,Portfolio
Manager,Pioneer Investment
Management,United Kingdom
11
Yoanna Gouchtchina,Founder and Chief Executive Officer,
ZeeRabbit Inc,Russia
Russia and its partners in globalizing their
operations.‘The Global Russia Business
Meeting is an important step in making
full use of this potential,’ he concluded.
Yuri Korchagin,Ambassador of the
Russian Federation to Spain, added that
‘economic and commercial relations
between Russia and Spain have been
growing steadily.
Horasis – together with our strategic
partner Baker & McKenzie – in announcing
the 2014 Russian Business Leaders of the
Year celebrated two outstanding entrepre-
neurs who have been building and leading
successful Russian firms: Bo Inge
Andersson, President,AvtoVAZ and
Dmitri A. Gromov, Chief Executive
Officer, RTSTelecom.We recognize and
honor those business leaders as they have
excelled in entrepreneurship, innovation
and leadership.These chosen leaders have
decisively impacted the economic develop-
ment and global integration of Russia.
We at Horasis are very pleased with the
results of the 2014 Global Russia Business
Meeting and the feedback from participants
in the event. For five years this international
event has attracted delegates from Russia
and countries all over the world.
On behalf of Horasis, I would like to
personally thank Rita Barberá, Mayor of
Alexander I.Ageev,Director General,Institute for Economic
Strategies,Russia,speaking during the closing dinner
Alfonso Vegara,President,Fundacion Metropoli,
Spain
Christodoulos Angastiniotis,Chairman,
Invest Cyprus
Alexey Matlakov,CEO,Leto,in discussion with Dmitri A.Gromov,
CEO,RTS Telecom
Roxanne Zigon,Fellow,GSD Geneva School of Diplomacy,
Switzerland,moderating the panel on Myths about Russia
Galina Melnikova,Executive
Director,Horizon,Russia
Lou Marinoff,Professor of
Philosophy,The City College
of NewYork,USA,moderating
the panel on innovation
12
Valencia who generously agreed to act as
patron of the 2014 Global Russia Business
Meeting. My thanks go also to the co-chairs,
co-organizers, partners from the private
sector, and all participants.This Global
Russia Business Meeting was a unique
experience which would not have been
possible without the dedication and
enthusiasm of all our partners, members
and participants.
It is our hope that the meeting will continue
to serve as an important platform for
stimulating thought and creative solutions.
Horasis looks forward to welcoming you
back to next year’s edition of the Global
Russia Business Meeting.
Also, Horasis takes great pleasure to invite
you to take part in our other upcoming
meetings, namely the Global India Business
Meeting, the Global China Business Meeting
and the Global Arab Business Meeting.
Dr. Frank-Jürgen Richter
Chairman
Horasis:The GlobalVisions Community
Closing Plenary – Building Trust
Dmitri A.Gromov,Chief Executive Officer,RTS Telecom,Russia Participants share a light moment
Tan Sri Dato' MichaelYeoh,
Chief Executive Officer,ASLI,
Malaysia
Edgar Bullecer,Co-Founder and
Chief Executive,Paglas Group,
Philippines
13
By Igor Makarov,Partner,Baker & McKenzie,Russia
We distinguish and honor two executives as
Russian Business Leaders of theYear who
have demonstrated leadership and business
acumen in an exceptional manner.This year
the awards go to Bo Inge Andersson,
Chief Executive Officer,AvtoVaz, and
Dmitri Gromov, Chief Executive Officer,
RTSTelecom.
Bo Inge Andersson is the CEO of
AvtoVAZ, the largest automotive manufac-
turer in Russia.AvtoVAZ is a part of the
Renault-Nissan-AvtoVAZ alliance, and set
itself very ambitious international and
domestic goals.The objective of AvtoVAZ
is to become the best automotive manufac-
turer in Russia and be one of the top five
manufacturers in the Renault-Nissan group.
AvtoVAZ continues its investment program
aimed at increasing its production capacity
to over 1 million cars annually.AvtoVAZ
sets out to capture over 40 percent of the
Russian market. Mr.Andersson, formerly
with the GAZ group and now with
AvtoVAZ, is recognised for his remarkable
personal contribution to the development
of Russia’s automotive industry.
Dmitri Gromov has played a visible and
active role in the Russian telecom sector
since 1987. His successful career milestones
include MTU Intel and SONET Mobile
Network (now Skylink). Mr. Gromov
launched several successful projects in
other industries, such as sport media and
marketing, where the sponsorship contract
between Kaspersky Lab and Ferrari is
another distinguished success. RTSTelecom
is a leading and fast growing Russian
telecom provider and system integrator.
The two award winners, selected by a jury
led by Horasis and Baker & McKenzie, have
been recognized for embodying the core
values of successful leaders, i.e. innovation,
entrepreneurial spirit, and their ability to
carve out successful business.They truly
deserve to be honored as Business Leaders
of theYear.
Celebrating the 2014 Russian
Business Leaders of the year
Bo Inge Andersson,President,AvtoVAZ,receiving his award Award winner Dmitri A.Gromov,Chief Executive Officer,
RTS Telecom
Guillermo Guerra,Partner,
Baker & McKenzie,Spain,
moderating a panel
14
15
Connecting Globally – Russian Firms Investing Overseas
Meeting co-chair Sergey Demin,Chairman,
Synergy Technologies,Russia
Renata Akhunova,Partner,FormulaVC Venture Fund,USA
Jochum Haakma,Director,TMF Group,The Netherlands Michael Gurevich,Co-founder,InternationalYoung Enterpreneurs’
Club,USA,on Russia’s youth
Alex Geller,Member of the Board,
American Chamber of Commerce
in Russia,USA
Maja Bacovic,Professor,
University of Montenegro,
Montenegro
16
From Printed
Houses to
Wooden
Skyscrapers
By Frank-Jürgen Richter
The St.PetersburgTimes,March 20,2014
Science parks around the world have been
hailed as a way of enhancing their nations’
GDP.This may well be true in the long term,
but novel science does not translate quickly
into GDP and a general sense of “well-being”
until years of trials have occurred. Science
parks such as Skolkovo are one of the main
drivers behind the Russian strategy through
2020, with technology and innovation
fostering a growth in productivity.Yet with
the route from pure science to innovation
fraught with pitfalls, renovating existing
housing stock may be a more homely way to
elevate the lives of ordinary people.And
this activity, which would be perceived as
the government wishing to help all of its
citizens, might do much more to raise the
spirits of the innovators themselves than
high-tech enclaves that seem far from
ordinary life.
Modernizing the housing stock of European
nations is important on two counts.
Shoddily built after each of the world wars
to poor building standards that do not permit
easy upgrading to modern eco-standards,
scientists have shown that Europe’s legacy
buildings produce directly, or indirectly,
40 percent of global CO2
.
Governments have an intensely costly puzzle
to deal with – and Russia is no exception
in this respect.Working with the European
Bank for Reconstruction and Development,
the Russian Institute for Urban Economics
reported in 2011 on the status of urban
housing renewal, the potential opportuni-
ties and costs. Essentially, Russian building
stock is old and urgently needs to be
Jose Maria Munoz,Senior Partner,
MCH Private Equity,Spain
Bogdan Vacusta,Managing Director,
Elco Management,United Kingdom
Session moderator Hamira Riaz,President,H Riaz Consults,
United Kingdom
Alex Sozonoff,Chairman,Global Beach Group,United Kingdom,
making a point on entrepreneurship in the Russian context
Andreas Foerster,Vice-President,
Airbus,Spain
Session chair Javier Lopez Mora,
Secretary General,CIERVAL,Spain
repaired or rebuilt.The authors also noted
that Federal laws mandate high levels of
energy efficiency but realities suggest three
separate renovation routes: Basic, realistic
and energy efficient, with the latter costing
up to 4,000 rubles ($109) per square meter
while offering savings of up to 28 percent
on heating costs. In total, the government
faces a bill of some 2.5 billion rubles
($68.24 million) to eliminate dilapidation
and improve energy efficiency throughout
the housing stock.
One potential solution is to print the
houses. Not printing as in banknotes, but
by extending this technique via the new
technology called additive manufacturing.
3D printing has become established across
many manufacturing sectors through all
high-tech industries and to aerospace with
its exacting requirements for strength and
low weight in ever-larger single structures.
This increase of scale stimulated researchers
at the University of Southern California to
consider spraying thin films of concrete to
build walls. Essentially they are doing little
more than replacing traditional manual
methods with robot-guided sprays.The thin
films dry quickly without hidden, structure-
weakening cavities and the surface finish is
good.As in all 3D printing, the robots can
spray complex shapes, with openings for
doors, windows and pipework.Thermal
insulation can be sprayed at the same time.
All in all, this process is very fast and yields
17
Claude Begle,Chairman,Symbioswiss,Switzerland,
chairing a panel
Vasiliy Mogilniy,Chief Executive Officer,
Krolikov Plus,Ukraine
Andrey Serebryakov,Founding Partner,
Effective Capital Group,Russia
Jan Siemons,Managing Director,Netherlands Council
for Trade Promotion,The Netherlands
Peter Loukianoff,Chairman,Third Rome Black River Ventures,USA
Elena Parvenova,Managing
Director,EPB,Czech Republic
Rene Seifert,Chairman,Venturate,
Germany
a superior product more cheaply than using
craftsmen. Russian technicians could easily
develop this system to re-build much of
suburbia and, having gained experience,
could export the methodology.
Looking to the East, one finds that India and
China face different problems to those of
Russia.They too need to renovate old and
inadequate urban housing.A high percentage
of Indian houses do not have access to
sanitation, for example, but they face mass
rural migration to cities as they change
from an agrarian to technological mode.
That was the situation in Europe through
the 1930s to 1950s, which caused an
almost uncontrolled urban building boom.
In India and in China, some 400 million
people now demand new houses in cities
through the next few decades.This poses
the problem of how to design very large
eco-cities. On this point Russia can nurture a
new world-class industrial sector – building
high-tech, high-rise buildings in its cities,
or more precisely, in new dormitory cities.
Russia needs bedroom communities since
existing cities cannot easily be renovated to
meet carbon-neutrality:Their infrastructures
need to be replaced by a system of integra-
ted local services of all types, including
schools, medical centers, corner shops, malls
and green spaces all connected by routes
that link urban mass transit to intercity
systems and work places.The dwellings
ought to offer a larger floor space than
presently available with a mix of single as
well as family homes built to the new
18
StefanWinzenried,Chief Executive Officer,JANZZ,Switzerland Platon Monokrousos,Chief Economist,Eurobank Group,Greece Victoria Fayfman,Partner,
Friedman,USA
Alexis Grabar,CEO,
AviaMediaTech,UK
Jason L.Ma,Founder,CEO & Chief Mentor,ThreeEQ,USA Iurii Susliak,President,Righteous Genesis,
Ukraine
Kate Korolkevich,Partner,Galatea Capital,USA
standards of carbon-neutral HVAC
(heating, ventilation and air conditioning)
minimizing energy demands.Then old
housing can be pulled down with historic
buildings retained and other structures
recycled allowing for modern eco-infill.
Developing high-tech wooden buildings is
an appealing idea which could also stimulate
a global market. Russia has abundant forests
which can be harvested and eco-managed.
The timber could be used for “glu-lam”
technology to create strong, tall buildings
with a low embodied energy.The wood,
glued and laminated to form structural
items, usually has greater strength than steel
as well as being fire resistant.While such
new buildings are being offered globally –
up to 9 floors in the UK, and even 33 floors
are being proposed inVancouver, Canada –
Russia has planning restrictions on wooden
buildings of more than four floors. It is time
to move forward.
Tall wooden buildings look good and will be
great to live in.Thus urban Russians living
presently like other city dwellers worldwide
in old buildings could have their “happiness
quotient” boosted.The new cities would be
desirable and generate a sense of “being,”
and they would demand much less energy
than is the present case.
Frank-Jürgen Richter is founder and chairman of Horasis,
a global visions community committed to enacting visions
for a sustainable future.
19
Ninel Seniuk,Lecturer,MGIMO University,RussiaAlexander Vaisblat,Partner,Saya Ventures,Russia Michel Verlaine,Associate Professor of Finance,
ICN Business School,France
Anton Moskalenkov,Head of Office for International cooperation,
Agency for Strategic Initiatives,Russia
Sheila Newton Moses,President,Invest Caribbean Now,USA
Valentin Romanov,Executive
Director,SUN Group,Russia
Yusuke Otsubo,Managing
Partner,UMJ Russia Fund,Japan
Avraham Berkowitz,Director,Chabad Headquarters,USA Leonid Koshelev,President,Jet-2000,Russia
20
Alf Erik Lundgrenn,Chairman,
Nordic Invest SIA,Latvia
Maria Paphiti,Managing
Partner,La Parole Devine,Cyprus
Kaspars Kaulins,Director,Lattelecom,Latvia Mark Austin,Venture Partner,Bright Capital,USA Alexander Zhukov,Co-Founder and Executive
Director,Whiteshield Group,United Kingdom
discusson on Spain as new hub for Russian investment
21
Eric Hanson,Vice President,Center for Entrepreneurship,Russia,
moderating the entrepreneurship-panel
John B.Kidd,Research Fellow,Aston Business School,UK and
Edgar Bullecer,Chief Executive,Paglas Group,Philippines
Andrew Constanti,Chairman,
Constanti Real Estate,United
Kingdom
Margarita Pikalo,Co-founder and
Partner,Satellis,Russia
Alexander Drougov,Chief Executive Officer,Damask,RussiaMarcos Pinotti,Associate Professor,Federal
University of Minas Gerais,Brazil
Daniel Einhauser,Guest Lecturer,Saint-Petersburg
University of Finance and Economy,Russia
Iurii Pidnebesnyi,Director,International Fund
of Spiritual Diplomacy,Ukraine
Kirill Slavin,Managing Director UK,Kaspersky Lab,
United Kingdom
22
Roberto Mugavero,Professor,
University Of Rome Tor Vergata,Italy
Irina Veselova,President,Planet Capital,
Russia
Boris Stepanov,Sloan Fellow,
London Business School,Russia
Michael McLaughlin,Director,APP
Technologies,USA
Rouben Indjikian,Adjunct Professor,
Webster University,Switzerland
Lloyd Thomas,Founder,TriangleGrowth,
United Kingdom
Pedro Manarguez,Chief Executive Officer,
Marsol International,Spain
Pavel Andreev,Executive Director,Valdai
Discussion Club,Russia
Connecting Globally – Russian Firms Investing Overseas Joachim Reidiess,Chairman,
Dr.Wirth Group,Germany
23
Patrick Fullick,Founder & Director,
Hylle Royce,United Kingdom
Vitaly Ponomarev,Founder and Chief
Executive Officer,WayRay,Russia
Chayan H.Shah,President,
Premier’s Tea Limited,India
Ekaterina Almasque,Co-founder,
SVAROS Ventures,United Kingdom
Mohan Chainani,Chairman,
ChaincorpWorldwide,Spain
L J Tomas Berenguer,Chairman,
Li Madou Asia Pacific,Hong Kong
Neil Vereschagin,Chief Financial Officer,
Game Insight,Russia
Stiphan Beher,Chief Operating Officer,
Orbital Technologies,Russia
Panel‘Reading and Deciphering Myths about Russia’Egor Iakovlev,Chief Executive Officer,
Tvigle Media,Russia
24
Philippe Gugler,Professor,
University of Fribourg,Switzerland
Peter Armand,Partner,SkyInvest
Securities,Russia
David Mor,Director General,
Ifedes,Spain
Zdzislaw Sokal,Member of the Board (ret),
National Bank of Poland
Vadim Osipov,Chief Executive Officer,
Slotex,Russia
Roger King,Member of the Board,Orient
Overseas International,Hong Kong SAR
Alexey Sysoev,Chief Executive Officer,
AV Group,Ukraine
Benjamin Lambert,Chief Executive
Officer,Coupla,United Kingdom
Panel‘Co-developing Energy Markets’
25
Alan D Silva,Vice President,Chamber of
Commerce & Tourism of India in Spain
Thanos Mitrelias,CEO,Cavendish
NanoTherapeutics,United Kingdom
Egor Iakovlev,Chief Executive Officer,
Tvigle Media,Russia
Joachim Reidiess,Chairman,
Dr.Wirth Group,Germany
Olga Seryakova,Chief Executive Officer,
SumUp Russia,Russia
Mark Zelman,Managing Director,
Chartwell Telecom,United Kingdom
Discussions continue during the closing dinner
Hans Bruning,Executive Director,
Netherlands Institute for Multiparty
Democracy
Peter Faistauer,Director,FundStreet,
Switzerland
John B.Kidd,Research Fellow,
Aston Business School,United Kingdom
26
Coffee break
The City of Valencia showcasting investment opportunities
The award winners Preparing the next panel
registering participants
Discussion on the sidelines of the
Global Russia Business Meeting
Simultaneous interpretation
Horasis:The Global Visions Community
Thurgauerstrasse 40
CH-8050 Zurich
Switzerland
phone +41 79 305 3110
fax +41 44 214 6502
www.horasis.org

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Horasis Global Russia Business Meeting 2014 | Report

  • 1. Global Russia Business Meeting 6-7 April 2014,Valencia, Spain a Horasis-leadership event Co-host: City of Valencia Report
  • 2. 2 Horasis is a global visions community committed to enact visions for a sustainable future (http:/www.horasis.org) Upcoming Horasis events: Global India Business Meeting Liverpool, United Kingdom, 22-23 June 2014 Global China Business Meeting Lake Como, Italy, 13-14 October 2014
  • 3. Global Russia Business Meeting 6-7 April 2014,Valencia, Spain a Horasis-leadership event Co-host: City of Valencia Co-organizers: AMEC Association of Orthodox Business Leaders Association of European Businesses in Russia Center for Entrepreneurship, Russia CIERVAL: Confederation of Employers and Industries of the Autonomous Region of Valencia Delovaya Rossiya InternationalYoung Entrepreneurs Club Pacific Basin Economic Council (PBEC). Russian-American Chamber of Commerce Co-chairs: Bo Inge Andersson President,AvtoVAZ, Russia Christodoulos Angastiniotis Chairman, Invest Cyprus, Cyprus Viktor A. Belogub Chairman, webinar.ru, Russia Sergey Demin Chairman, SynergyTechnologies, Russia JoséVicente González President, CIERVAL, Spain Yoanna Gouchtchina Founder and Chief Executive Officer, ZeeRabbit Inc, Russia DmitriA. Gromov Chief Executive Officer, RTSTelecom, Russia Peter Loukianoff Chairman,Third Rome Black RiverVentures, USA Alexey Matlakov Founder and Chief Executive Officer, Leto, Russia Vachara Phanchet Chairman, Sittipol Holdings,Thailand Alena Popova Co-founder, StartupWomen, Russia AlfonsoVegara President, Fundacion Metropoli, Spain Tan Sri Dato’ MichaelYeoh Chief Executive Officer,Asian Strategy & Leadership Institute, Malaysia YuryVoicehovsky Chief Executive Officer, National InvestmentAgency‘Invest in Russia’, Russia Strategic Partners: Baker & McKenzie The European House –Ambrosetti 3
  • 5. Hotel Las Arenas,venue of the opening dinner 5 Table of Contents Foreword 6 Celebrating the 2014 Russian Business Leaders of theYear 14 From Printed Houses toWooden Skyscrapers 16
  • 6. Victor Zoubarev,Deputy of the Russian State Duma, keynoting the Gobal Russia Business Meeting Alexander Parkhomenko,Chairman,Euromesh Holding,Russia, welcoming participants on behalf of Delovaya Rossiya 6 Foreword The fifth Horasis Global Russia Business Meeting which took place from 6-7April 2014 inValencia, Spain, was both oppor- tune and relevant to exchange views and ideas on the way ahead for Russia and the world. Previous meetings were held in Ljubljana, Slovenia (2010), Limassol (2011), Luxembourg (2012) and Limassol (2013) – however this meeting was overshadowed by the difficult ongoing tensions between Russia and the Ukraine and by the divergent views expressed by other governments. Frictions between Moscow and theWest have surged in recent days as pro-Moscow forces took over the Crimea, which then held a referendum on becoming part of Russia. Despite those tensions, participants of the Global Russia Business Meeting focused on how dialogue can solve the complex underpinnings linked to this lingering conflict. A large number of CEOs from Russia came together with leaders from around the globe to discuss Russia’s and the world’s current economic and political state.The Global Russia Business Meeting provided a valuable and timely opportunity for leaders from government, business and academia to meet and discuss Russia’s important role as a driving force of the world economy. We would like to share with you this report which encapsulates the key topics and ideas discussed as more than 300 partici- pants from 30 countries attended the Global Russia Business Meeting.This report reflects the longstanding commitment of Horasis to assist leaders in anticipating – and preparing for – an increasingly challen- ging future strategic environment. The meeting was led by the following meeting co-chairs: Bo Inge Andersson, President,AvtoVAZ, Russia; Christodoulos Angastiniotis, Chairman, Invest Cyprus, Cyprus; Viktor A. Belogub, Chairman, webinar.ru, Russia; Sergey Demin, Chair- man, SynergyTechnologies, Russia; José Vicente González, President, CIERVAL, Rita Barbera,Mayor of Valencia,Spain – the patron of the 2014 Global Russia Business Meeting
  • 7. Spain; Yoanna Gouchtchina, Founder and Chief Executive Officer, ZeeRabbit Inc, Russia; Dmitri A. Gromov, Chief Exe- cutive Officer, RTSTelecom, Russia; Peter Loukianoff, Chairman,Third Rome Black RiverVentures, USA; Alexey Matlakov, Founder and Chief Executive Officer, Leto, Russia; Vachara Phanchet, Chairman, Sittipol Holdings,Thailand; Alena Popova, Co-founder, StartupWomen, Russia; Alfonso Vegara, President, Fundacion Metropoli, Spain; Tan Sri Dato' Michael Yeoh, Chief Executive Officer,Asian Strategy & Leadership Institute, Malaysia; Yury Voicehovsky, Chief Executive Officer, National Investment Agency ‘Invest in Russia’, Russia. Horasis devoted this fifth edition of the Global Russia Business Meeting to discus- sing Russia’s choices to bolster its compe- titive position in the world economy. Participants examined the Russian economy in terms of growth strategies, innovation, technology, natural resources, entrepre- neurship, social responsibility and strategies for economic cooperation.As Rita Barberá, Mayor of Valencia, Spain put it during her welcoming words‘I am pleased to welcome to the Global Russia Business Meeting many companies and individuals who have unveiled – despite the ongoing geopolitical tensions – the basics of a sustainable cooperation between Russia and the world and are willing to share this understanding with those who are just em- barking on this journey.’ Yuri Korchagin,Ambassador of the Russian Federation to Spain Virtual ribbon cutting ceremony Alberto Fabra,President of the Valencia Generalitat,Spain, addressing the audience 7
  • 8. Antonio Ambrosetti,Senior Partner,The European House – Ambrosetti,Italy,moderating the finance panel Yury Voicehovsky,Chief Executive Officer,National Investment Agency‘Invest in Russia’ As Russian and world leaders flew into Valencia for this Horasis event, the situation in the Ukraine was still instable. Despite this situation, participants of the Global Russia Business Meeting reasoned that dialogue shall be used to full-effect to find solutions. Russia can look back to a successful hosting of the XXIIWinter Olympic Games in Sotchi.The Olympics were a commercial success as well.With the most expensive Winter Games ever, Russia’s economy received further growth stimulus.The Olympics are expected to boost winter tourism within Russia. Many of the Olympic venues will be reused for the 2018 FifaWorld Cup. From the Opening Reception to the Closing Dinner, participants inValencia expressed their commitment to increased global dialogue, symbolized through the peoples connecting spirit of the Olympics. They reached consensus that Opening Plenary – Russia’s Changing Economic Outlook Iurii Seniuk,Chief Executive Officer,Global Strategy Centre, Ukraine Jose Carlos Garcia de Quevedo, Director General,Invest in Spain 8
  • 9. • despite the woes of the Russian-Ukrainian conflict, Russia’s economy is relatively robust. However, the economy is not immune to geopolitical shocks.The on- going conflict with the European Union and the U.S. over the Crimea will impact the Russian economy. • policy makers will need to take further steps to reduce the country’s depen- dence on revenue from oil and gas.The diversifying of the Russian economy shall lead to the emergence of knowledge- based industry clusters. • Russia needs to strengthen its investment climate.With theWTO-entry, Russia is going to welcome more Foreign Direct Investment as well as trade. At the Valencia Conference Center Jose Vicente Gonzalez,President,CIERVAL,Spain, speaking during the welcome dinner Bo Inge Andersson,President,AvtoVAZ,Russia, one of the meeting co-chairs Galina Melnikova,Executive Director,Horizon,Russia and Umberto Mazzei,Director,Institut des Relations Economiques Internationales Sismondi,Switzerland Participants listening to the welcome speeches Viktor A.Belogub, Chairman,webinar.ru,Russia, making a point during a panel Stacy Kenworthy,Chief Executive Officer,OptiGlobal,USA 9
  • 10. The Global Russia Business Meeting was organized around what we believe to be the major drivers of growth and forces that will shape the new order: they will impact both the financial economy and the real economy in Russia and the world at large. Participants had a rare opportunity to explore Russia’s development from a variety of points of view.An intensive schedule of plenaries and boardroom dialogue sessions was devoted to a variety of relevant themes, including Russia’s accession to theWTO, the country’s geopolitical agenda, and strategies for sustainable economic growth.Also on the agenda were sessions on selected industry sectors, including financial services and natural resources, as well as more concep- tual themes like the role of entrepreneur- ship, diversification of the economy, and strategies to boost Russia’s technology sector. At the Opening Dinner, Victor Zoubarev, Deputy of the Russian State Duma, noted that‘the economic and political relation- ship between Russia and Spain has extensive synergies and large potential. Russia will continue to be an important trading partner for the Spanish economy’. He also emphasized that the Russian government is thriving to create favorable conditions for doing business, aimed at increasing innovation and the effectiveness Panel‘Spearheading or Aligning Capitalism’ Vachara Phanchet,Chairman,Sittipol Holdings,Thailand, speaking on the opening plenary Alfonso Grau,Vice Mayor,City of Valencia, welcoming participants Mikhail Treyvish,President, OmniGrade Rating Monitoring Agency,Russia Natalia Kardash,Editor-in-chief, Vestnik Kipra,Cyprus,moderating a panel 10
  • 11. of state governance. Alexander Parkhomenko, Chairman, Euromesh Holding, welcomed participants on behalf of Delovaya Rossiya, the Russian entre- preneur federation:‘I am glad to see a large number of Russian business leaders attending this Global Russia Business Meeting,’ he said. Alberto Fabra, President of theValencia Generalitat, Spain, said,‘I see signs of sustained economic growth asValencia and Spain will benefit from the continued drive generated by Russia’s expanding.’ Looking aheadValencia sees a broad field of potential, both in doing business with Russia; and Spain sees a regional hub for Evgeniya Shamis,Founder and Chief Executive Officer, Sherpa S Pro,Russia Panel‘Spurring the Economics of Innovation’ Stephen Vasconcellos-Sharpe,Publisher,Country Strategic,UK, moderating the panel on Regional Divergence Mark Minevich,President,Going Global Ventures,USA, making a point on Russian firms investing overseas Ivan Sempere,Founder, Padima,Spain Stefan Benedetti,Portfolio Manager,Pioneer Investment Management,United Kingdom 11 Yoanna Gouchtchina,Founder and Chief Executive Officer, ZeeRabbit Inc,Russia
  • 12. Russia and its partners in globalizing their operations.‘The Global Russia Business Meeting is an important step in making full use of this potential,’ he concluded. Yuri Korchagin,Ambassador of the Russian Federation to Spain, added that ‘economic and commercial relations between Russia and Spain have been growing steadily. Horasis – together with our strategic partner Baker & McKenzie – in announcing the 2014 Russian Business Leaders of the Year celebrated two outstanding entrepre- neurs who have been building and leading successful Russian firms: Bo Inge Andersson, President,AvtoVAZ and Dmitri A. Gromov, Chief Executive Officer, RTSTelecom.We recognize and honor those business leaders as they have excelled in entrepreneurship, innovation and leadership.These chosen leaders have decisively impacted the economic develop- ment and global integration of Russia. We at Horasis are very pleased with the results of the 2014 Global Russia Business Meeting and the feedback from participants in the event. For five years this international event has attracted delegates from Russia and countries all over the world. On behalf of Horasis, I would like to personally thank Rita Barberá, Mayor of Alexander I.Ageev,Director General,Institute for Economic Strategies,Russia,speaking during the closing dinner Alfonso Vegara,President,Fundacion Metropoli, Spain Christodoulos Angastiniotis,Chairman, Invest Cyprus Alexey Matlakov,CEO,Leto,in discussion with Dmitri A.Gromov, CEO,RTS Telecom Roxanne Zigon,Fellow,GSD Geneva School of Diplomacy, Switzerland,moderating the panel on Myths about Russia Galina Melnikova,Executive Director,Horizon,Russia Lou Marinoff,Professor of Philosophy,The City College of NewYork,USA,moderating the panel on innovation 12
  • 13. Valencia who generously agreed to act as patron of the 2014 Global Russia Business Meeting. My thanks go also to the co-chairs, co-organizers, partners from the private sector, and all participants.This Global Russia Business Meeting was a unique experience which would not have been possible without the dedication and enthusiasm of all our partners, members and participants. It is our hope that the meeting will continue to serve as an important platform for stimulating thought and creative solutions. Horasis looks forward to welcoming you back to next year’s edition of the Global Russia Business Meeting. Also, Horasis takes great pleasure to invite you to take part in our other upcoming meetings, namely the Global India Business Meeting, the Global China Business Meeting and the Global Arab Business Meeting. Dr. Frank-Jürgen Richter Chairman Horasis:The GlobalVisions Community Closing Plenary – Building Trust Dmitri A.Gromov,Chief Executive Officer,RTS Telecom,Russia Participants share a light moment Tan Sri Dato' MichaelYeoh, Chief Executive Officer,ASLI, Malaysia Edgar Bullecer,Co-Founder and Chief Executive,Paglas Group, Philippines 13
  • 14. By Igor Makarov,Partner,Baker & McKenzie,Russia We distinguish and honor two executives as Russian Business Leaders of theYear who have demonstrated leadership and business acumen in an exceptional manner.This year the awards go to Bo Inge Andersson, Chief Executive Officer,AvtoVaz, and Dmitri Gromov, Chief Executive Officer, RTSTelecom. Bo Inge Andersson is the CEO of AvtoVAZ, the largest automotive manufac- turer in Russia.AvtoVAZ is a part of the Renault-Nissan-AvtoVAZ alliance, and set itself very ambitious international and domestic goals.The objective of AvtoVAZ is to become the best automotive manufac- turer in Russia and be one of the top five manufacturers in the Renault-Nissan group. AvtoVAZ continues its investment program aimed at increasing its production capacity to over 1 million cars annually.AvtoVAZ sets out to capture over 40 percent of the Russian market. Mr.Andersson, formerly with the GAZ group and now with AvtoVAZ, is recognised for his remarkable personal contribution to the development of Russia’s automotive industry. Dmitri Gromov has played a visible and active role in the Russian telecom sector since 1987. His successful career milestones include MTU Intel and SONET Mobile Network (now Skylink). Mr. Gromov launched several successful projects in other industries, such as sport media and marketing, where the sponsorship contract between Kaspersky Lab and Ferrari is another distinguished success. RTSTelecom is a leading and fast growing Russian telecom provider and system integrator. The two award winners, selected by a jury led by Horasis and Baker & McKenzie, have been recognized for embodying the core values of successful leaders, i.e. innovation, entrepreneurial spirit, and their ability to carve out successful business.They truly deserve to be honored as Business Leaders of theYear. Celebrating the 2014 Russian Business Leaders of the year Bo Inge Andersson,President,AvtoVAZ,receiving his award Award winner Dmitri A.Gromov,Chief Executive Officer, RTS Telecom Guillermo Guerra,Partner, Baker & McKenzie,Spain, moderating a panel 14
  • 15. 15 Connecting Globally – Russian Firms Investing Overseas Meeting co-chair Sergey Demin,Chairman, Synergy Technologies,Russia Renata Akhunova,Partner,FormulaVC Venture Fund,USA Jochum Haakma,Director,TMF Group,The Netherlands Michael Gurevich,Co-founder,InternationalYoung Enterpreneurs’ Club,USA,on Russia’s youth Alex Geller,Member of the Board, American Chamber of Commerce in Russia,USA Maja Bacovic,Professor, University of Montenegro, Montenegro
  • 16. 16 From Printed Houses to Wooden Skyscrapers By Frank-Jürgen Richter The St.PetersburgTimes,March 20,2014 Science parks around the world have been hailed as a way of enhancing their nations’ GDP.This may well be true in the long term, but novel science does not translate quickly into GDP and a general sense of “well-being” until years of trials have occurred. Science parks such as Skolkovo are one of the main drivers behind the Russian strategy through 2020, with technology and innovation fostering a growth in productivity.Yet with the route from pure science to innovation fraught with pitfalls, renovating existing housing stock may be a more homely way to elevate the lives of ordinary people.And this activity, which would be perceived as the government wishing to help all of its citizens, might do much more to raise the spirits of the innovators themselves than high-tech enclaves that seem far from ordinary life. Modernizing the housing stock of European nations is important on two counts. Shoddily built after each of the world wars to poor building standards that do not permit easy upgrading to modern eco-standards, scientists have shown that Europe’s legacy buildings produce directly, or indirectly, 40 percent of global CO2 . Governments have an intensely costly puzzle to deal with – and Russia is no exception in this respect.Working with the European Bank for Reconstruction and Development, the Russian Institute for Urban Economics reported in 2011 on the status of urban housing renewal, the potential opportuni- ties and costs. Essentially, Russian building stock is old and urgently needs to be Jose Maria Munoz,Senior Partner, MCH Private Equity,Spain Bogdan Vacusta,Managing Director, Elco Management,United Kingdom Session moderator Hamira Riaz,President,H Riaz Consults, United Kingdom Alex Sozonoff,Chairman,Global Beach Group,United Kingdom, making a point on entrepreneurship in the Russian context Andreas Foerster,Vice-President, Airbus,Spain Session chair Javier Lopez Mora, Secretary General,CIERVAL,Spain
  • 17. repaired or rebuilt.The authors also noted that Federal laws mandate high levels of energy efficiency but realities suggest three separate renovation routes: Basic, realistic and energy efficient, with the latter costing up to 4,000 rubles ($109) per square meter while offering savings of up to 28 percent on heating costs. In total, the government faces a bill of some 2.5 billion rubles ($68.24 million) to eliminate dilapidation and improve energy efficiency throughout the housing stock. One potential solution is to print the houses. Not printing as in banknotes, but by extending this technique via the new technology called additive manufacturing. 3D printing has become established across many manufacturing sectors through all high-tech industries and to aerospace with its exacting requirements for strength and low weight in ever-larger single structures. This increase of scale stimulated researchers at the University of Southern California to consider spraying thin films of concrete to build walls. Essentially they are doing little more than replacing traditional manual methods with robot-guided sprays.The thin films dry quickly without hidden, structure- weakening cavities and the surface finish is good.As in all 3D printing, the robots can spray complex shapes, with openings for doors, windows and pipework.Thermal insulation can be sprayed at the same time. All in all, this process is very fast and yields 17 Claude Begle,Chairman,Symbioswiss,Switzerland, chairing a panel Vasiliy Mogilniy,Chief Executive Officer, Krolikov Plus,Ukraine Andrey Serebryakov,Founding Partner, Effective Capital Group,Russia Jan Siemons,Managing Director,Netherlands Council for Trade Promotion,The Netherlands Peter Loukianoff,Chairman,Third Rome Black River Ventures,USA Elena Parvenova,Managing Director,EPB,Czech Republic Rene Seifert,Chairman,Venturate, Germany
  • 18. a superior product more cheaply than using craftsmen. Russian technicians could easily develop this system to re-build much of suburbia and, having gained experience, could export the methodology. Looking to the East, one finds that India and China face different problems to those of Russia.They too need to renovate old and inadequate urban housing.A high percentage of Indian houses do not have access to sanitation, for example, but they face mass rural migration to cities as they change from an agrarian to technological mode. That was the situation in Europe through the 1930s to 1950s, which caused an almost uncontrolled urban building boom. In India and in China, some 400 million people now demand new houses in cities through the next few decades.This poses the problem of how to design very large eco-cities. On this point Russia can nurture a new world-class industrial sector – building high-tech, high-rise buildings in its cities, or more precisely, in new dormitory cities. Russia needs bedroom communities since existing cities cannot easily be renovated to meet carbon-neutrality:Their infrastructures need to be replaced by a system of integra- ted local services of all types, including schools, medical centers, corner shops, malls and green spaces all connected by routes that link urban mass transit to intercity systems and work places.The dwellings ought to offer a larger floor space than presently available with a mix of single as well as family homes built to the new 18 StefanWinzenried,Chief Executive Officer,JANZZ,Switzerland Platon Monokrousos,Chief Economist,Eurobank Group,Greece Victoria Fayfman,Partner, Friedman,USA Alexis Grabar,CEO, AviaMediaTech,UK Jason L.Ma,Founder,CEO & Chief Mentor,ThreeEQ,USA Iurii Susliak,President,Righteous Genesis, Ukraine Kate Korolkevich,Partner,Galatea Capital,USA
  • 19. standards of carbon-neutral HVAC (heating, ventilation and air conditioning) minimizing energy demands.Then old housing can be pulled down with historic buildings retained and other structures recycled allowing for modern eco-infill. Developing high-tech wooden buildings is an appealing idea which could also stimulate a global market. Russia has abundant forests which can be harvested and eco-managed. The timber could be used for “glu-lam” technology to create strong, tall buildings with a low embodied energy.The wood, glued and laminated to form structural items, usually has greater strength than steel as well as being fire resistant.While such new buildings are being offered globally – up to 9 floors in the UK, and even 33 floors are being proposed inVancouver, Canada – Russia has planning restrictions on wooden buildings of more than four floors. It is time to move forward. Tall wooden buildings look good and will be great to live in.Thus urban Russians living presently like other city dwellers worldwide in old buildings could have their “happiness quotient” boosted.The new cities would be desirable and generate a sense of “being,” and they would demand much less energy than is the present case. Frank-Jürgen Richter is founder and chairman of Horasis, a global visions community committed to enacting visions for a sustainable future. 19 Ninel Seniuk,Lecturer,MGIMO University,RussiaAlexander Vaisblat,Partner,Saya Ventures,Russia Michel Verlaine,Associate Professor of Finance, ICN Business School,France Anton Moskalenkov,Head of Office for International cooperation, Agency for Strategic Initiatives,Russia Sheila Newton Moses,President,Invest Caribbean Now,USA Valentin Romanov,Executive Director,SUN Group,Russia Yusuke Otsubo,Managing Partner,UMJ Russia Fund,Japan
  • 20. Avraham Berkowitz,Director,Chabad Headquarters,USA Leonid Koshelev,President,Jet-2000,Russia 20 Alf Erik Lundgrenn,Chairman, Nordic Invest SIA,Latvia Maria Paphiti,Managing Partner,La Parole Devine,Cyprus Kaspars Kaulins,Director,Lattelecom,Latvia Mark Austin,Venture Partner,Bright Capital,USA Alexander Zhukov,Co-Founder and Executive Director,Whiteshield Group,United Kingdom discusson on Spain as new hub for Russian investment
  • 21. 21 Eric Hanson,Vice President,Center for Entrepreneurship,Russia, moderating the entrepreneurship-panel John B.Kidd,Research Fellow,Aston Business School,UK and Edgar Bullecer,Chief Executive,Paglas Group,Philippines Andrew Constanti,Chairman, Constanti Real Estate,United Kingdom Margarita Pikalo,Co-founder and Partner,Satellis,Russia Alexander Drougov,Chief Executive Officer,Damask,RussiaMarcos Pinotti,Associate Professor,Federal University of Minas Gerais,Brazil Daniel Einhauser,Guest Lecturer,Saint-Petersburg University of Finance and Economy,Russia Iurii Pidnebesnyi,Director,International Fund of Spiritual Diplomacy,Ukraine Kirill Slavin,Managing Director UK,Kaspersky Lab, United Kingdom
  • 22. 22 Roberto Mugavero,Professor, University Of Rome Tor Vergata,Italy Irina Veselova,President,Planet Capital, Russia Boris Stepanov,Sloan Fellow, London Business School,Russia Michael McLaughlin,Director,APP Technologies,USA Rouben Indjikian,Adjunct Professor, Webster University,Switzerland Lloyd Thomas,Founder,TriangleGrowth, United Kingdom Pedro Manarguez,Chief Executive Officer, Marsol International,Spain Pavel Andreev,Executive Director,Valdai Discussion Club,Russia Connecting Globally – Russian Firms Investing Overseas Joachim Reidiess,Chairman, Dr.Wirth Group,Germany
  • 23. 23 Patrick Fullick,Founder & Director, Hylle Royce,United Kingdom Vitaly Ponomarev,Founder and Chief Executive Officer,WayRay,Russia Chayan H.Shah,President, Premier’s Tea Limited,India Ekaterina Almasque,Co-founder, SVAROS Ventures,United Kingdom Mohan Chainani,Chairman, ChaincorpWorldwide,Spain L J Tomas Berenguer,Chairman, Li Madou Asia Pacific,Hong Kong Neil Vereschagin,Chief Financial Officer, Game Insight,Russia Stiphan Beher,Chief Operating Officer, Orbital Technologies,Russia Panel‘Reading and Deciphering Myths about Russia’Egor Iakovlev,Chief Executive Officer, Tvigle Media,Russia
  • 24. 24 Philippe Gugler,Professor, University of Fribourg,Switzerland Peter Armand,Partner,SkyInvest Securities,Russia David Mor,Director General, Ifedes,Spain Zdzislaw Sokal,Member of the Board (ret), National Bank of Poland Vadim Osipov,Chief Executive Officer, Slotex,Russia Roger King,Member of the Board,Orient Overseas International,Hong Kong SAR Alexey Sysoev,Chief Executive Officer, AV Group,Ukraine Benjamin Lambert,Chief Executive Officer,Coupla,United Kingdom Panel‘Co-developing Energy Markets’
  • 25. 25 Alan D Silva,Vice President,Chamber of Commerce & Tourism of India in Spain Thanos Mitrelias,CEO,Cavendish NanoTherapeutics,United Kingdom Egor Iakovlev,Chief Executive Officer, Tvigle Media,Russia Joachim Reidiess,Chairman, Dr.Wirth Group,Germany Olga Seryakova,Chief Executive Officer, SumUp Russia,Russia Mark Zelman,Managing Director, Chartwell Telecom,United Kingdom Discussions continue during the closing dinner Hans Bruning,Executive Director, Netherlands Institute for Multiparty Democracy Peter Faistauer,Director,FundStreet, Switzerland John B.Kidd,Research Fellow, Aston Business School,United Kingdom
  • 26. 26 Coffee break The City of Valencia showcasting investment opportunities The award winners Preparing the next panel registering participants Discussion on the sidelines of the Global Russia Business Meeting Simultaneous interpretation
  • 27.
  • 28. Horasis:The Global Visions Community Thurgauerstrasse 40 CH-8050 Zurich Switzerland phone +41 79 305 3110 fax +41 44 214 6502 www.horasis.org