Weather
Monte-Carlo, MC
few clouds
12.8 ° C
15 °
7.2 °
72%
12.3kmh
20%
Fri
12 °
Sat
12 °
Sun
12 °
Mon
12 °
Tue
14 °
Thursday, January 23, 2020

Business & Finance

Brought to you by: Pastor Real Estate & Barclays

Breaking News

Makeover of Casino Square to dramatically change the look of Monte Carlo

Monaco Economic Board takes on Russia’s second city

Monaco Economic Board takes on Russia’s second city

By Stephanie Horsman - November 22, 2019

The Monaco Economic Board (MEB) made an exploratory trip to St. Petersburg earlier this month with the aim of expanding trade and creating opportunities for business between the Principality and the former Russian Imperial capital.

The Executive Director of the MEB, Guillaume Rose, and Diego Bonaventura, the Director of the Monaco Chamber of Commerce, took the opportunity to attend a performance of the Ballets de Monte-Carlo in St. Petersburg to meet with business leaders and the primary economic organisations of the city on 14th and 15thNovember.

Representatives from the St Petersburg Chamber of Commerce, the Leningrad regional Chamber of Commerce and Business Russia met with the Monegasque contingent to discuss future possibilities and plan strategies for the official upcoming economic mission taking place in June 2020 during the St. Petersburg International Economic Forum (SPIEF).

The delegation then invited their Russian counterparts to join them for an evening performance of the Monaco Ballet troupe who performed a magnificent tribute to Diaghilev, adding a cultural element showing the bonds already in place between the two places.

The reconnaissance trip forged many new ties and gave the Monaco delegation a vast selection of companies to introduce to members of the MEB in the coming weeks who could become mutually beneficial future partners when they meet at SPIEF.  

SPIEF has been held annually since 1997 and from 2006 has been under the patronage of the President of the Russian Federation, Vladimir Putin. For over 20 years, the forum has been an excellent platform for business leaders to meet and discuss fiscal issues facing Russia, emerging markets and the world.

 

 

shares
SHARE
Previous articleVideo campaign highlights violence against women
Next articleNew format to 2019 Prince Albert II Challenge

Editors pics

December 5, 2019 | Business & Finance

YPO elects Economou as chairman

Monaco-based Anastasios (Tassos) Economou has been elected chairman of the Board of Directors of YPO, a global leadership community for chief executives. It was announced earlier this week that Economou will be the 69th member to hold this office and will succeed current YPO Chairman Elizabeth Zucker. He will begin his term on 1st July 2020. A member […]

0
November 7, 2019 | Business & Finance

Interview: Stuart Burns, Director of ISM

Stuart Burns is the new man at the helm of the International School of Monaco. His experience is extensive and incredibly diverse, from heading up some of the most privileged schools in the UK to working with the government to develop educational programmes in disadvantaged districts of London. This lover of languages spoke to Monaco […]

0
November 6, 2019 | Business & Finance

Art and wellness, a new approach to curation

Art has the potential to be much more than simply decorative. When chosen carefully it can impact our mood, improve sleep patterns, and help our bodies track the passage of time, all of which have measurable benefits to our wellness and quality of life. This is something that major architects and developers are increasingly designing […]

0
October 14, 2019 | Business & Finance

Local teams to protect Monaco data

Two Monegasque companies will be responsible for risk analysis and cybersecurity for the Principality of Monaco as it continues with its ambitious digital transition programme. Monaco Digital and Egerie were presented last week as new partners of the Monegasque Digital Security Agency (AMSN) to assist with the launch of this year’s ‘Extended Monaco’ project. Monaco […]

0

daily

January 22, 2020 | Business & Finance

MEB reveals rich program for 2020

Cassandra Tanti

More than 350 economic players came together for the first MEB Members Meeting of the year, during which a full calendar of events for 2020 was unveiled.

0
January 17, 2020 | Business & Finance

Markets weekly

Barclays

Company news will pick up pace this week, with fourth-quarter earnings being published for more than 800 companies. That said, key macro data and economic news will also remain on investors’ watch list.

0
January 14, 2020 | Business & Finance

Department of Labour expands e-services

Stephanie Horsman

The Monegasque Department of Labour is taking its commitment to the Extended Monaco programme to the next level with a restructured system for employees and job seekers.

0
January 12, 2020 | Business & Finance

MEB success in Portugal

Stephanie Horsman

The Monaco Economic Board (MEB) made its first foray into Portugal last week, looking to sign on potential business partners and investors.

0
MORE STORIES

MarineMax acquires Fraser

US broker MarineMax has acquired Fraser Yachts from the Italian-based Azimut/Benetti Group. The deal is designed to benefit all parties, boosting Fraser’s position in the North American market, providing MarineMax clients with larger yachts, and expanding Benetti’s dealership.

Trade mission to Russia a great success

Business & Finance Cassandra Tanti -

A Monaco delegation from the Monaco Economic Board (MEB) visited the southern Russian hub of Rostov-sur-le-Don where building relations between the businesses of the region was top on the agenda.

Attended by 16 representative from 12 Monegasque organisations, a series of meetings took place in the southern Russian town from 17th to 20th September with a view to expand trade in the region.

The area is of particular interest as it is a crossroad with the Caucasus and has access to an Azov Sea port.

The Rostov-sur-le Don Chamber of Commerce and Industry’s Deputy-Director Victor Goncharov welcomed the delegation by hosting a business forum on the day of their arrival where a Memorandum of Understanding was signed by the two Chambers of Commerce.

Over the next days, several important meetings and gatherings took place including more than 70 face-to-face meetings between various business leaders from both sides, as a way to start the bridge building process and to better comprehend what each party can bring to the table.

Events organised by the Rostov General Assembly allowed Monaco’s delegation access to high-level governmental contacts, including Roman Shekhovtsov, Regional Deputy Minister of Economic Development. 

Other highlights included a visit to the French Flag Register shipyard where the representatives had a glimpse at the industrial expertise Rostov has to offer. They were also treated to a trip to Rostov’s Museum of Fine Art, where they saw the exhibition Monaco, Histoires d’Artistes.

The trip was rounded out with a dinner hosted by Monaco’s Ambassador to Russia, Mireille Pettiti, where the delegates were able to discuss first impressions, which were highly favourable.

The MEB will return to Russia in November with the Ballet de Monte-Carlo as part of a trade mission scheduled for 2020.