VII International forum
“Marine Industry of Russia”
Hotel complex
Department of affairs of the President of the Russian Federation

Moscow, 24, B.Yakimanka Str
24-25 May 2017
Forum bulletin

The Saint-Petersburg International Economic Forum has ended

June 24, 2010

The last Saint-Petersburg International Economic forum became a solid platform for large projects and transactions to be announced.

Thus, Russian Navigation Technologies (RNT) working at the GPS market announced its IPO. The bid book was opened on June 18. “We are to prove that the traditional venture theory is working in Russia, and the GLONASS market has a great future as mobile communication had some time ago,” said Aydar Kaliev, head of the venture capital investments department at VTB Capital and financial adviser of the procedure. – This is the first IPO in Russia which has passed all stages of the standard start-up.”

Transcontainer and GEFCO announced their intent to establish a joint venture engaged in multimodal transportations between Europe and Russia.

As early as on the first forum day, the administration of Saint-Petersburg has signed a set of agreements highly appreciated by experts. Among them, the agreement with Admiralteyskie Verfi and United Shipbuilding Corporation on phased shipyard relocation from Novo-Admiralteyski island to Kronstadt. The project is to be implemented in three steps, and the volume of investments is to amount to RUR 20 bln (just a little while ago experts’ estimates were USD 1 bln).

Besides, within the framework of the forum governments of Saint-Petersburg and the Nizhny Novgorod Region agreed on cooperation in development and production of aerodynamic crafts. It is referred to organization of coproduction on the basis of OAO NPP Radar MMC, Saint-Petersburg, and OAO Alekseev Hydrofoil Craft Central Design Bureau, Nizhny Novgorod.

It is expected that this cooperation will ensure assemblage of up to 10 vessels annually. The enterprises negotiate with the Federal Border Service of the Russian Federation for delivery of such vessels, and with EMERCOM, for design of special-purpose rescue aerodynamic craft.

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By: “Ideological buiseness-projects”

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