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SPIEF Hit With Attendance Drop

Published: May 22, 2014 (Issue # 1811)



  • Despite the recent number of cancellations, the forum will still host over 6,500 participants at the Lenexpo center.
    Photo: for SPT

Despite a number of cancellations, the St. Petersburg International Economic Forum will still host more than 6,500 participants led by an impressive number of high-ranking representatives from some of the worlds leading companies.

Christophe de Margerie, CEO of energy giant Total SA, confirmed last week that he will visit the forum at the annual meeting of the companys shareholders in Paris, saying that he had attended nearly all the past economic forums in St. Petersburg and would not ignore the upcoming one.

Going away from politics is a good method to calm the situation down to some extent, de Margerie said, Russkaya Sluzhba Novostei radio station reported. Olaf G. Koch, CEO of Metro AG Germany, also confirmed his attendance.

The list of other VIPs who have confirmed their attendance includes Jorgen Buhl Rasmussen, President and CEO of Carlsberg Group, Donald James Umpleby III, Group President of Caterpillar Inc., Franck Riboud, Chairman and CEO of Danone, and Kim Jung Rae, President and Chief Operating Officer of Hyundai Heavy Industries Co Ltd.

Frans van Houten, CEO of Royal Philips Electronics NV, Robert Dudley, Group Chief Executive Officer of BP Plc, and Mike Nolte, Vice President of Mercedes-Benz Russia SAO will also attend the forum.

However, Russians will make up the majority of the number attending with Russian President Vladimir Putin leading the forum.

Other leading Russian businessmen scheduled to attend include Oleg Deripaska, Chairman of the Management Board and General Director of UC RUSAL, which produces aluminum, German Gref, President and Chairman of the Management Board of Sberbank, Andrey Akimov, Chairman of the Management Board of Gazprombank OJSC, and Vagit Alekperov, President of Lukoil and others.

In total, over 6,500 official delegations from 62 countries will take part in the forum. The forum will also host 146 heads of the largest foreign companies in the world and 450 leading Russian companies, St. Petersburg governor Georgy Poltavchenko said, reported Rossiiskaya Gazeta .

Poltavchenko also said out of those who applied to participate and confirmed their attendance, 70 percent were from Europe and the U.S.

Despite hosting more than 6,500 people, with 25 percent of them being journalists, the number of participants in this years forum is still smaller than last year, when the event saw 7,190 people in attendance, including 176 heads of the biggest foreign companies and 436 Russian companies. Approximately 102 agreements amounting to a total of 9.6 trillion rubles ($276.3 billion) were signed at last years forum, reported Rossiiskaya Gazeta.

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ALL ABOUT TOWN

Wednesday, Sept. 3


Although thesand sculptures at the Peter and Paul Fortress are more centrally located and therefore more visible to the throngs of tourists, the 300th Anniversary Park of St. Petersburgs own collection closes today so fans of the classic beach activity should get there while they can.



Thursday, Sept. 4


Vladimir I. Danchenkov, Head of Baltic Customs, will be in attendance during AmChams Customs and Transportation Committee Meeting convening this afternoon at the organizations office near St. Isaacs Square at 3 p.m.



Friday, Sept. 5


Scrabble lovers and chess masters get their chance to assert their intellectual dominance at the return of the British Book Centers Board Game Evenings tonight. Held weekly on Friday nights, the event gives both board game lovers and those hoping to improve their English the chance to meet, greet and compete. Check out the centers VK page for more details.



Saturday, Sept. 6


Athletes will relish the chance to get the latest gear and try out something new at I Choose Sport, an annual event at Lenexpo forum that plans to welcome more than 30,000 people this week to the international exhibition center. Not only will visitors get to try their hand at various athletic endeavors but they will also be able to peruse equipment that can fulfill their dreams of becoming a champion.


Local KHL team SKA St. Petersburg open their season this evening at home against Lokomotiv Yarovslavl at the Ice Palace arena next to the Prospekt Bolshevikov metro station. See their website for a full schedule and available tickets.



Sunday, Sept. 7


Check out retro and antique cars at Fort Konstantin on Kronstadt Island in the Gulf of Finland at FORTuna, a yearly car festival that highlights the eccentricities of the Soviet automobile industry. A car race, contests and a stunt show will give visitors a chance to rev their engines.



Monday, Sept. 8


This evening marks the opening of the two-week ballet festival High Season at the Mikhailovsky Theater. Check the theaters website for more details about performances and featured dancers.



Tuesday, Sept. 9


Discuss the latest news and issues at the AmCham Hazardous Waste Management Roundtable this morning in the Tango Conference Hall of the Sokos Hotel Palace Bridge on Birzhevoy Pereulok. Starting at 9 a.m., planned topics include the Krasny Bor landfill and waste transportation between Russia and Finland.


Learn more about the citys modern architectural trends at the SPIBA Real Estate and Construction Committees meeting on the topic Contemporary Petersburg Style: What is It? Participants will get the chance to discuss whats in-demand with RBI Holdings Irina Petrova and Lubava Pryanikova, and the current state of the local real estate market. Please confirm your attendance by Sept. 5 through SPIBAs website if you wish to attend.



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