Media Highlights
NYSE Euronext and
International Roundtable Host First-Ever
Russia Business and
Investment Summit at the NYSE on October
27-28
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, 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," saidDiederik Zandstra, Head of International Listings at
NYSE Euronext. "The summit will present US investors with
valuable insight and exposure to business investments inRussia, 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 inRussia: "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
steerRussiaaway 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 forRussiato 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,
OpalRussiaFund.
TheSummitwill 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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