9th Fair/Presentation of Investment Projects
“The Whole Range of Private Initiatives” took place at the St. Petersburg
International Cooperation Center within the framework of the
Russian Industrialist 2002 international Forum Sept. 25 and
The organizers were:
Economic News Agency
Petersburg International Cooperation Center
St. Petersburg Government Committee for Economic
Development, Industrial Policy and Commerce.
Fair was conducted with active assistance from the St.
Petersburg Government, the St. Petersburg International
Business Association (SPIBA), the St. Petersburg Union of
Industrialists and Businesspersons.
The scale of
the Fair grows each year in terms of the number of participants,
geography and commercial interest. The 9th Fair
received 30% more applications than any year before.
9th Fair featured over 70 projects and business
ideas in real estate, innovations, tourism, food, machine
building, instrument making, health, the environment, etc.
investment seekers were companies as diverse as Prosperity
Holding, LenSpetsSMU, Peter Golf, Adamant, Russian Museum,
Gidropribor, Imperiya Publishers, Svetlana, Dary Prirody,
NTK PIKKOM, Rossima, Lenenergo, the Gomel Raton special
taxation zone, the Vitebsk special taxation zone, etc.
the first time the Fair also featured projects from the
Primorsky, Petrogradsky, Petrodvortsovy district governments.
9th Fair was a factor for the promotion of the
investment projects which were included in the 2002
investment program of the St. Petersburg Committee for
Economic Development, Industrial Policy and Commerce (CEDIPC).
9th Fair-featured, most attractive projects and
proposals will be included in the CEDIPC free promotion
scheme and will be
presented at the international investment symposium
The Investment Potential of the Northwest of Russia which is
scheduled for February 2003.
the program of the 9th Fair included the contest
of business ideas The Young, The Daring, The Promising
(YDP) which featured 13 business proposals from students,
postgraduates, young professionals in various economic
first prize in the YDP contest was won by Semen Klevtsov, a
5-year student of the St. Petersburg University of
Architecture and Construction, who presented a business idea
The Complex Conservation of the Drainage Systems and the
Facades of City Buildings. Natalya Kvadritsius, a
student of the St. Petersburg State University, came second
with the business idea of a Book Rental Agency. The
third award went to Dmitry Okhochinsky, a student of Ustinov
State Technical University, who proposed a business idea The
Space Addresses of St. Petersburg. A number of other
business ideas received incentive prizes.
jury also determined the winners of the 9th Fair/Presentation
of Investment Projects. The first award was granted to the
company Dary Prirody for the project The Wild Mushroom
and Berry Processing and Preservation Facility. ZAO
Adamant won the second award for the project The
Akademichesky Shopping Center,while OAO Lenenergo won
the third award for the project Reconstruction of
Electric Suppy System No.1.
the visitors of the 9th Fair were representatives
of the Consulates General of the USA, Poland, Japan; the
Russian Labor and Social Development Ministry; the bank
Sberbank Capital; the St. Petersburg Association of Top
Managers; the Karelian Representation Office in St.
Petersburg, the International Finance Corporation, etc.
business program of the 9th Fair was full of
diverse events, including four roundtables, of which two,
addressing investment project management and industrial
organized by the St. Petersburg International Cooperation
mortgage bank Delta Credit held a roundtable addressing the
issues of mortgage crediting in St. Petersburg. That
roundtable was attended by the director general of
the director of the Northwestern branch of the Federal
Mortgage Agency, the chief executive of the commercial bank
Russian Capital and some other business leaders.
information sponsors of the 9th Fair were the 6th
Channel TV company, the ITAR TASS information agency;
newspapers Delovoy Peterburg, St. Petersburg Vedomosti, Utro
Peterburga, Chas Pik, Vedomosty, Stroitelny Ezhenedelnik;
magazines Stroitelstvo I Gorodskoye Khozyaystvo, Expert
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