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Danish CEOs Commit to Attend Economic Forum

Published: May 10, 2014 (Issue # 1809)



  • The St Petersburg Economic Forum has fallen victim to Russia's annexation of Crimea last month.
    Photo: SPIEF

Chief executives from 2 Danish multinationals will attend Russia's upcoming St Petersburg International Economic Forum, bucking a trend set by U.S. companies that have been pulling their CEOs from the forum's guest list under pressure from the Obama administration.

Jorgen Rasmussen, CEO of Danish brewer Carlsberg, and Keld Johannes, head of food producer Danish Crown, will be among those international business leaders at the forum, Russia's equivalent of Switzerland's Davos economic forum.

"We do not engage in politics, so Jorgen Rasmussen will participate in the conference, as [he did] in previous years," a Carlsberg spokesman said, Itar-Tass reported Thursday.

The chief of Danish shipping giant Maersk, Niels Smedegora, will however not appear in St Petersburg. Smedegora's absence is due to a scheduling conflict, a representative of the company told Danish news agency Ritzaus Bureau.

The St Petersburg forum has fallen victim to the West's reaction to Russia's annexation of Crimea from Ukraine last month. The U.S. presidential administration has called for a boycott of the event, and lobbied U.S. companies to skip it. Many have — top executives from such companies as Morgan Stanley, Goldman Sachs and ConocoPhillips have pulled out of the conference, the New York Times reported last week. Companies based in Europe, which has far deeper trade ties with Russia than the U.S., have been more reluctant pull out.

Russia's deputy economic development minister Sergei Belyakov said this week that the failure of U.S. companies to attend this years forum will not hurt the event.





 


ALL ABOUT TOWN

Friday, Oct. 31


Put your grammar and logical thinking to the test in a fun and friendly environment during the British Book Center’s Board Game Evening starting at 5 p.m. today. The event is free and all are welcome to attend.



Saturday, Nov. 1


The men and women who dedicate their lives to fitness get their chance to compete for the title of best body in Russia at today’s Grand Prix Fitness House PRO, the nation’s premier bodybuilding competition. Not only will men and women be competing for thousands of dollars in prizes and a trip to represent their nation at Mr. Olympia but sporting goods and nutritional supplements will also be available for sale. Learn more about the culture of the Indian subcontinent during Diwali, the annual festival of lights that will be celebrated in St. Petersburg this weekend at the Culture Palace on Tambovskaya Ul. For 100 rubles ($2.40), festival-goers listen to Indian music, try on traditional Indian outfits and sample dishes highlighting the culinary diversity of the billion-plus people in the South Asian superpower.



Sunday, Nov. 2


Check out the latest video and interactive games at the Gaming Festival at the Mayakovsky Library ending today. Meet with the developers of the popular and learn more about their work, or learn how to play one of their creations with the opportunity to ask the creators themselves about the exact rules.



Monday, Nov. 3


Non-athletes can get feed their need for competition without breaking a sweat at the Rock-Paper-Scissors tournament this evening at the Cube Bar at Lomonosova 1. Referees will judge the validity of each matchup award points to winners while the city’s elite fight for the chance to be called the best of the best. Those hoping to play must arrange a team beforehand and pay 200 rubles ($4.80) to enter.



Tuesday, Nov. 4


Attend the premiere of Canadian director Xavier Dolan’s latest film “Mommy” at the Avrora theater this evening. The fifth picture from the 25-year-old, it is the story of an unruly teenager but the most alluring (or unappealing) aspect is the way the film was shot: in a 1:1 format that is more reminiscent of Instagram videos than cinematic art. Tickets cost 400 rubles ($9.60) and snacks and drinks will be available.



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