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Roscongress Foundation and Banca Intesa sign cooperation agreement

Chairman of the Board of Directors of Banca Intesa Antonio Fallico and Roscongress Foundation CEO Alexander Stuglev Roscongress
Chairman of the Board of Directors of Banca Intesa Antonio Fallico and Roscongress Foundation CEO Alexander Stuglev
© Roscongress

Moscow, March 27. The Roscongress Foundation and Banca Intesa signed a cooperation agreement. When the global economy is facing a threat of recession, parties united to support a whole range of economy sectors. This agreement provides for areas such as information exchange or expert cooperation for international and domestic investment, as well as for business projects. It also includes potential fund raising for projects planned to be implemented in Russia. The document was signed by Alexander Stuglev, CEO and Chairman of the Roscongress Foundation and Antonio Fallico, Chairman of the Board of Directors, Banca Intesa. 

A new permanent project management office will become the first step towards bringing this agreement to life. This office will work on a roadmap for bilateral cooperation, a project register, and priority areas of cooperation. 

"The Roscongress Foundation and Banca Intesa boast significant and mutually reinforcing competencies to efficiently implement investment projects of Russian and international companies – partners of the Roscongress Foundation. One of our key priorities are to attract both direct and portfolio investment in the economy of the Russian Federation, and to assist successful implementation of national projects. This agreement became a logical step in developing our partnership and a measure of mutual support in the existing economic environment," - said Alexander Stuglev.

"The partners are mutually complementary. The Russian Banca Intesa belongs with Intesa Sanpaolo, the leading Italian and a largest European banking group with almost 500 years of history. We have unique possibilities and experience in banking both in Russia and globally, as well as in financial clearing for investment projects. We are ready to become a growth point for their implementation. Partnership with the Roscongress Foundation opens up good opportunities, as the Foundation is a foreign investment coordinator and an organizer of international convention and exhibition events in the investment and foreign trade industry," - noted Antonio Fallico.  ­

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions, and public events.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 2,500 people working in Russia and abroad. In addition, it works in close cooperation with 122 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide. roscongress.org