Friday, September 21, 2018

UBRD, Business Class magazine hold roundtable business discussion

The Perm office of the Ural Bank for Reconstruction and Development and Business Class magazine held a roundtable discussion at the Hilton hotel in Perm on Wednesday to discuss the region's current business and investment climate.

The discussion, Business in the Unsettled Period in 2014 as Follows: Cost Optimization and Investment Processes, was open to invited members of Perm's business community. Topics of discussion centered on the current characteristics of the region's business climate as well as strategies and tactics in response to the region's socioeconomic conditions.

UBRD and Business Class representatives lead the group in specific conversations dealing with creating effective systems of cost optimization; methods of maintaining financial stability with financial instruments; the roles small, medium and large businesses play in developing Perm's industrial sector; the ways to increase investments in the Perm region; factors that prevent companies from investing in the region; short and long-term growth planning; and the effect of western sanctions on Permian business development.

Also present at Wednesday's discussion were a number of special guests invited by the organizers to lend their expertise to the topics. Among the invited experts were Permian Minister of Industry, Entrepreneurship and Trade Alexei Chibisov; Permian Acting Deputy Head of Administration Galina Popova; Perm City Duma Deputy Yuri Abramovich; PGNIU Dean of Economics Tatyana Mirolyubova; Permian Head of the Department of Financial Management Elena Shakin; JSC Gipsopolimer General Director Vladimir Kisilenko and Dental Company Director Yuri Pockets.

Wednesday's conversation was moderated by Business Class magazine Chief Editor Vadim Skovorodin.