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Russian, foreign companies to sign important agreements within SPIEF

June 19, 2013, 13:05 UTC+3

St Petersburg International Economic Forum (SPIEF) to open in the Northern Capital June 20

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MOSCOW, June 19 (Itar-Tass) - Russian and foreign companies will sign several important agreements during the St Petersburg International Economic Forum (SPIEF) due to open in the Northern Capital on June 20, the SPIEF website reports on Wednesday.

Ust-Luga Company and the ICT Group will sign an agreement on cooperation within carrying out a project to create an industrial zone on the area adjacent to the Ust-Luga port. In addition, on the first day of the forum MTS and ERICSSON AB will conclude agreements on strategic partnership in order to develop 4G/LTE in Russia. RusHydro will sign a memorandum to expand the areas of activities with Alstom Holding, Bashkortostan and Rbef Ltd.

On June 21, agreements will be concluded between ROSNANO and the U.S. ALCOA, the Skolkovo Foundation and Accenture Company. The Russian Economic Development Ministry and the European Bank for Reconstruction and Development will sign a deal to set up an account for technical cooperation at the amount of 40 million euros in order to implement projects for technical contribution to Russia.

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