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NEWS of Investment Department

NEWS of Investment Department

Despite the tense situation prevailing in the Russian Federation due to the geopolitical situation and a significant reduction in world oil prices, the company UGL Corporation Limited is actively working to expand its customer base in China and the establishment of cooperation between Russia and China in the field of investment cooperation.

From 26 January to 6 February of this year UGL Corporation Limited has been done to organize and coordinate the visit by a delegation of the Chinese media, which included, inter alia, a leading journalist of one of China’s largest publishers – Caijing Magazine, Mr. Hao Zhou, in Moscow and Kaliningrad. The main objectives of this event are improving Russia’s investment image in the eyes of the Chinese business community and reflected favorable conditions for doing business in the Russian Federation. For this purpose, information was collected for writing articles about the economic situation in Russia, the state of Russian-Chinese cooperation in the crisis, cooperation in the field of railway transport. We have organized and held a series of meetings and interviews with experts in the field of economy, such as Vladislav Inozemtsev (economist), Dmitry Novikov (Advisor to the General Director of JSC “Russian Railways”), Gavrilenkov (chief economist at Sberbank CIB), the authorities – Stanislav Resurrection ( Deputy Minister of Economic Development), Boris Titov (authorized the Presidential Council on Human entrepreneurs), Nikolay Tsukanov (Governor of the Kaliningrad Oblast), Valery Maksimov (Minister of Economy of the Republic of Sakha (Yakutia), the leadership of state-owned companies and institutions – Alexander Misharin (First Deputy General Director of JSC “Russian Railways”), Stanislav Song (Managing Director, Russian Direct Investment Fund), Alexander Bazhenov (Director General of the Federal Center for Project Finance), Alex Zagorenko (CEO GBU “Investment Promotion Agency of the Republic of Sakha (Yakutia)”), Alex Chekunkov ( CEO of the development of the Far East and the Baikal region), Maxim Azov (CEO of the Corporation’s development of the Kaliningrad region) and others. In addition, an agreement was reached to hold the remote interview with Oleg Viyugin (Chairman of the Board of Directors of MDM Bank) and Oleg Deripaska (General Director of the combined company “Rusal”). Also during the trip was organized visit to the Innovation Center “Skolkovo”, and held a meeting with the leadership of one of the resident companies (Dauria Aerospace).

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