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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

Thursday, July 24


Liliana Modiliani, a well-known Russian stylist, will talk about choosing clothes that fit during her lecture at 7 p.m. at the Pryamoy Efir art club, 13 Viborgskoe Shosse.



Friday, July 25


Discuss Russia’s economic and political prospects for 2014 during a Business Breakfast organized by SPIBA at 9.30 a.m. in the Bank Saint-Petersburg office at 64


Malookhtinsky Prospekt.


Start your weekend with adorable miniature pigs at the Squealing Pig festival at 7 p.m. this evening in the Karl & Friedrich restaurant, 15 Iozhnaya doroga, on Krestovsky Island.



Saturday, July 26


Hundreds of brand-new and retro cars, drag and drift shows, test drives and karting are planned for the Avtobum-2014 festival, which will take place in front of the RIO shopping center at 2 Fuchika Ulitsa.


Participants in today’s SaniDay Summer competition will impress visitors with their hand-made, unusual and hilarious boats, which will race at the Igora Resort near the 54th kilometer on Priozerskoe Shosse.


Metro Family Day will include both serious lectures for adults and master-classes for children, making the event interesting for the whole family. To participate, come to Kirov Park on Yelagin Island.


Photography will be the focus of today’s Photosubbota, which features lectures by famous photographers, meetings with photo schools and studio representatives, and participation in a photography competition. The event starts at noon at Petrokongress, 5 Lodeynopolskaya Ulitsa.


If you like cycling, make sure to visit the Za Velogorod Festival with its retro bike exhibition, market and live music. The second round of the Leningrad Criterium race will also take place during the event at Petrovsky Arsenal in Sestroretsk.



Sunday, July 27


Navy Day will be celebrated with a weapon and military transportation exhibition, self-defense master classes and concerts. The event starts at 1 p.m. in the 300th Anniversary Park of St. Petersburg.



Monday, July 28


Don’t miss a chance to see the latest achievements in robotics during the RoboDom interactive show, exhibiting more than 150 robots. The show will be at BUM center, 22/2 Gzhatskaya Ulitsa, until Aug. 3. The entrance ticket costs 350 rubles ($10).



Tuesday, July 29


A video of a Queen concert from 1986 will be shown today at 8 p.m. in Yaschik, 50/13 Ligovsky Prospekt.



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