The Russian capital has climbed above Helsinki, Warsaw, Berlin and Stockholm to rank fifth among Europe’s most attractive cities for foreign investment.
The 2018/2019 ranking was compiled by Foreign Direct Investment Intelligence (a division of the Financial Times). It assessed 301 European cities and 150 regions.
London has maintained its leading position in the rating, but experts said that could soon change because of Brexit. Dublin has taken second place, and was followed by Paris, Amsterdam and Munich. The top 10 business-friendly cities also included Frankfurt, Zurich, Cambridge and Helsinki.
“Russia’s capital has improved its performance in the prestigious rating of attractive cities for investment in Europe. This year Moscow is among top five most interesting cities of the continent for making investments, and it has taken the first spot in the rating of Eastern European cities,” said the head of Moscow’s Department for Economic Policy and Development Vladimir Yefimov.
He explained that the Russian capital had attracted foreign investors due to benefits and preferences it provides. “Moscow has successfully joined the list of Europe’s leading megacities in terms of simplicity and convenience for doing business as a result of its comprehensive program on investment support.”
The city annually attracts around 50 percent of all foreign investment coming to Russia, the official said. Among the Eastern European cities, Moscow ranked first as the most attractive for doing business. It was followed by Warsaw and Bucharest.
The Financial Times’ service publishes the ranking of the ‘European Cities and Regions of the Future’ twice a year. It examines five main areas – economic potential, world of work, expenses of doing business, infrastructure, and environment for doing business. Every category is scored between 0 and 10 points. The total score determines a city’s final place in the ranking.
Moscow was seventh and 10th in the 2016/2017 and 2014/2015 ratings, respectively.
Representatives of the Trade Delegation of Russia in the UK visited The Infrarail 2018 which took place on the 1-3rd of April at the London’s Excel conference center. The Infrarail is one of the premier shows in the UK for railroad industry held biennially. In 2018 over 200 companies from the European and North American countries presented their solutions to more than 5000 visitors during three days of the show. Those include Network Rail, HighSpeed 2, The Railway Industry Association, Rail Alliance, British Steel, Rail Supply Group and many others.
A series of high-profile speakers presented keynote addresses, including UK’s Transport Secretary Chris Grayling, Digital Railway Managing Director David Waboso, Rail Delivery Group Chief Executive Paul Plummer and HS2’s Director, Policy & Sponsorship, for Phase 2, Lorna Pimlottn.
Chris Grayling during his speech stressed the need for a “more joined-up railway”. He said the government wanted to get private and public sectors working more closely together to end the operational divide between track and train and to re-shape the railway around the customer. He also mentioned the need to speed up the replacement of diesel engines on trains for Bi-mode and in the distant future for hydrogen engines.
The British company Concrete Canvas Ltd presented their innovative construction technology of flexible, concrete impregnated fabric that hardens on hydration to form a thin, durable, water proof and fire resistant concrete layer. The company is intending to widen their presence on the Russian market after successful implementation of the technology on several projects in the Far Eastern part of the Russian Federation. Thus in 2016 the Russian partner company United Concrete Canvas Russia had been incorporated which has constructed a demo-park in the Moscow region for promotional purposes in July 2017.
Alongside the exhibition a programme of CPD-certified technical seminars and project updates had been organized to ‘educate and inspire’ those working in the industry. Many of these took place in the Knowledge Hub organised in association with RIA. The Rail Alliance promoted its members’ products and services in its own Hub, while the CITE Hub focused on related civil engineering and geotechnical issues.
Representatives of the Trade Delegation of Russia in the UK visited The Food & Drink Expo 2018 which took place on the 16-18th of April at the National Exhibition Centre in Birmingham. The Food & Drink Expo 2018 is the premier trade show in the UK offering an unparalleled meeting point for the entire food and drink community – a first up fixture in every food professional’s diary. Five shows covering the complete UK supply chain – Food & Drink Expo, Foodex, The Ingredients Show, National Convenience Show and Farm Shop & Deli Show.
Buyers and decision makers across the whole industry, from grocery, wholesale and speciality retail to foodservice, ingredients and manufacturing came together to uncover the hottest trends, latest product launches and the industry’s vision for the future.
In 2018 over 1500 producers, manufacturers and distributors presented a vast range of food and drink products, decisions and services for retailers as well as machines and equipment for food industry to more than 30 thousand attendees of the event.
This year for the first time the Russian pasta producer MAKFA has presented their products in the UK for the British and international community. MAKFA is the leading pasta brand in Russia with over 30% of the market. MAKFA occupies 3% of the global market and ranks fourth among the best pasta manufacturers in the world. MAKFA is committed to the dynamic trend of the United Kingdom that features the transition to health consciousness and exports a diverse range of ecofriendly and healthy groceries: durum wheat pasta, cereals, flourand flakes.
“This is the first time we showcase our portfolio at the distinguished FOOD AND DRINK exhibition. Our goal is to expand the offer in retail chains in the UK and increase our export footprint to other countries of the Western Europe. The mission of our company is to bring health to consumers through a healthy diet”,
MAKFA CCO Dmitry Meshkov comments.
Company Profile 2018_MAKFA
On April, 24 the Russian Trade Delegation in the UK hosted a meeting between A.Stuglev, CEO of Roscongress Foundation and Lord Waverley, CEO of SupplyFinder on the occasion of signing an MoU on cooperation between two organisations.
Both sides discussed several issues concerning bilateral trade relations. It was noted that Russia and the UK should focus on SMEs cooperation development. A.Stuglev highlighted that Russian trade delegations contribute much to Russian export promotion as well as to bilateral relations with countries of presence as a whole. Both sides agreed to participate in RusTrade initiatives including business-forums and trade missions both in Russia and in the UK.
Lord Waverley’s b2b-project – SupplyFinder – is of an interest for Roscongress as an example of effective tool to boost bilateral trade between two countries.
Lord Waverley will be one of more than 50 British business captains on SPIEF-2018 (St.Petersburg, May, 24-26). The fourth Russian Small and Medium-Sized Enterprises Forum (SME Forum) will be held on 23 May 2018 in the lead of SPIEF-2018.
April 19-20, 2018, VII Cbonds Emerging Markets Bond Conference will take place in London. EM capital markets of Russia, CIS, Ukraine, Caucasus region, Africa, Middle East, Latin America, Asia, CEE will be in focus fof upcoming Conference.
Conference has been the most engaging event connected to EM capital markets and bringing together professional’s expertise. The key sessions are attended by reputed macroanalysts, portfolio managers, issuers, heads of DCM teams, who share their predictions on capital market conditions and discuss up-to-date investment ideas in the fixed income markets of Africa, Middle East, Latin America, Asia, CEE, Ukraine, Russia, CIS and Caucasus region.
The list of participants includes UK financial institutions, EM financial institutions and corporations, international rating agencies and infrastructure companies.
Cbonds Emerging Markets Bond Conference is the established annual meeting place for anyone involved in EM bond markets.
OTDYKH 2018 info kit
Official website: https://www.tourismexpo.ru/leisure/en/
Register here to have a free entry to the OTDYKH LEISURE 2018 . Please complete the form below and get the personal e-ticket by e-mail. Visitors who have no e-ticket will have to pay an admission fee to enter the Moscow, Expocentre Fairgrounds, Pav.#2 (Hall 1, 2, 3): https://www.tourismexpo.ru/leisure/en/visit/
Contacts: International office
Euroexpo exhibitions and congress development GMBH
Euro Plaza, Gebaude I, 3OG
1120 Vienna, Austria
Tel.: +43 1 230 85 35
Fax: +43 1 230 85 35 50
Exhibition company Euroexpo Ltd.
Arbat Street 35, Moscow
Tel.: +7 495 925 65 61
Fax.: +7 499 248 07 34
Ms. Violetta Toulich
Ms. Liubov Mordvintseva
OTDYKH MICE & OTDYKH Luxury
E-mail: email@example.com, firstname.lastname@example.org
Mr. Konstantin Levin
Ms. Anna Smirnova
Exhibition Projects Coordinator
Ms. Ekaterina Alekhina
FOOD&DRINK Expo provides the excellent opportunity to meet the Russian flagship pasta brand MAKFA! FOOD&DRINK Expo will take place in Birmingham on April 16-18, 2018.
MAKFA – Russia’s largest exporter of pasta products in 25 countries in Europe, Asia, North and South America, CIS. The presence at international trade fairs reinforces the image of MAKFA and allows buyers and distributors to see with their own eyes exactly what the company is doing. MAKFA’s top-quality products will be displayed at FOOD&DRINK Expo – stand G170!
Company Profile 2018_MAKFA
Visit MAKFA: http://www.makfapasta.com/ http://www.makfahealth.com/
The UK Food Shows offer an unparalleled meeting point for the entire food and drink community – a first up fixture in every food professional’s diary. Five shows covering the complete UK supply chain – Food & Drink Expo, Foodex, The Ingredients Show, National Convenience Show and Farm Shop & Deli Show.
Buyers and decision makers across the whole industry, from grocery, wholesale and speciality retail to foodservice, ingredients and manufacturing, will come together to uncover the hottest trends, latest product launches and the industry’s vision for the future. These events promise three days of innovation, inspiration and theatre. This opportunity only comes once every two years.
Official website: https://www.foodanddrinkexpo.co.uk/
According to the British customs statistics, in January 2018 the turnover between Russia and the UK rose by 41,1% in comparison to the same period last year. The British export to Russia expanded by 17,2% and the Russian export to the UK increased by 54,9%. Growth of Russia’s non-resource export showed quality improvements +11,6%. Alongside with the traditionally high activity in mineral raw materials (+92,9) the Russian non-resource export structure also evidenced strong growth in 3,6 times in [50-67] textile, footwear, but also:
–  precious stones, precious metals, articles thereof +76.9%
– [84-90] machinery and mechanical appliances, apparatus +35.0%
– [68-70] articles of stone, ceramic products, glass and glassware +104.1%.
On March 21st, the Russian Trade Delegation in the UK took part in the Eurasia FinTech Forum. The event was organised by the UK industry-led body TheCityUK in cooperation with the London Stock Exchange. The Eurasia FinTech Forum took place as part of the one of the worldwide leading fintech event – UK FinTech Week 2018.
The Eurasia FinTech Forum brought together senior fintech policy leaders from the international centres of Russia, Kazakhstan and Turkey and other countries from across the Eurasia region including Georgia, Kyrgyzstan and Mongolia.
The Russian Session was represented by Ekaterina Golub, the Moscow International Financial Taskforce, Pavel Shust, the Russian Electronic Money Association, and Ekaterina Andreeva, FinTech Projects at NAUFOR.
Presented during the Russian session inputs on new trends in the Russian fintech market were very welcomed by the international attendees. The significant progress achieved by the Russo-British Joint Liaison Group on Creating International Financial Centre in Moscow was also highly appreciated during this event. The audience was very supportive about the new initiative of delivering best competence to the Russian entrepreneurs via new highly professional body which is represented by advisers specialising in fintech consulting.
The forum reported that both VC investment and private equity investment reached peak levels in 2017. Today fintech has become the most dynamic economic sector worldwide.
The Eurasia FinTech Forum provided attendees with the brilliant opportunity to network with UK-based investors and best professionals within the fintech community. This forum also involved businesses in sharing together innovative ideas on how to develop fintech market globally.