Global Russia Business Meeting Under the Auspices of the President of the Republic of Cyprus

LIMASSOL, Cyprus, April 26, 2011 /PRNewswire/ -- Horasis organized the 2011 Global Russia Business Meeting in Limassol, Cyprus, on 10 and 11 April, under the auspices of the President of the Republic Mr. Demetris Christofias and co-hosted by the Republic of Cyprus and the Cyprus Investment Promotion Agency.

The Global Russia Business Meeting (GRBM) attracts top level Government representatives from the Russian Federation and other countries, as well as senior executives of organizations and private companies from Russia and worldwide. The conference focused on the challenges and opportunities presented for Russia in today's world economic environment. The objective of the conference was to encourage thought and actions for the continuous economic success of Russian companies in the worldwide business world.

Frank-Juergen Richter, President of Horasis, said that 'it is very important to meet and discuss the future of our economies and ways to restore confidence, as well as how Russia can contribute to overcoming the global financial crisis.' He said that 'many of the entrepreneurs participating in the conference are ready to invest and rebuild our economies' and 'most Russian companies investing in Cyprus are using the island as a medium, channelling their investment abroad.'

The second Horasis Global Russia Business Meeting organized in Cyprus was focused around what is believed to be the major drivers of growth and forces that will shape the new order: they will impact both the financial economy and the real economy, in Russia and the world at large. The assembly of Russian and world leaders brought together under the auspices of the GRBM sought to contribute to progress toward stability in both a conceptual and a practical way.

A large number of CEOs from Russia came together with leaders from around the globe to discuss Russia's and the world's current economic and political state. The GRBM provided a valuable and timely opportunity for leaders from government, business and academia to meet and exchange views and ideas on the way ahead for Russia and the world.

Horasis: The Global Visions Community is an independent international organization committed to enacting visions for a sustainable future. Horasis provides strategic foresight to public and private entities who envisage growing into global and sustainable organizations.

Horasis hosts annual meetings to advance solutions to the most critical challenges facing corporations today. Participants jointly identify globally relevant business issues and develop sophisticated and interdisciplinary solutions. Participants then leverage these solutions to enhance corporate performance and long-term growth.

Note:

A full report of the Global Russia Business Meeting accompanying this release is available on the Horasis Website. It can be downloaded from http://www.horasis.org

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SOURCE Horasis - Global Visions Community