SCM to Participate at World Economic Forum
OREANDA-NEWS. On January 29, 2009 System Capital Management, which is an industrial partner of the World Economic Forum, has participated in the organization’s Annual Meeting for the last three years, reported the press-centre of SCM.
The key theme for this year’s Annual Meeting, which takes place from January 28 till February 01 in the Swiss ski resort of Davos, is Shaping the Post-Crisis World.
The key goal of the Annual Meeting, as seen by the organizers and participants, is to be a catalyst for solutions to the complex challenges the world economy faces in 2009 and in future.
At the World Economic Forum’s Annual Meeting, SCM Group is represented by SCM Chief Executive Officer, Oleg Popov, and by Igor Syry, Chief Executive Officer of Metinvest Holding, SCM’s mining and metals business.
"We greatly appreciate the possibility to participate in this high level global discussion on managing the current crisis. We believe that Ukraine, as an integral part of the world economy, must be an active participant of the global dialogue, including at the level of representatives of national business community", noted SCM CEO Oleg Popov, “For us as representatives of major Ukrainian business, it is obvious that absolutely new rules of the game are being established.
Stock exchanges, capital markets as well as the world economy as a whole will develop according to these new rules. Being a major national investor and a world class company, SCM is ready to advance solutions on managing the current crisis and on shaping the entire post-crisis agenda, in particular for industrial economies such as Ukraine’s".
The Annual Meeting participants have focused on six key aspects of shaping the post crisis world:
1. Promoting stability in the financial system and reviving global economic growth.
2. Catalysing the next wave of world economic growth through innovation, science and technology.
3. Addressing the challenges of sustainability and development.
4. Shaping the values and leadership principles for a post-crisis world.
5. Ensuring effective global, regional and national governance for the long term.
6. Understanding the implications for industry business models.
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