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SCM, Strategic Partner of the World Economic Forum, Attends Annual Meeting in Davos
28 January 2010

Press release

Donetsk

 

For the fourth consecutive year System Capital Management is taking part in the World Economic Forum in Davos, Switzerland, which takes place this year from 27-31 January 2010. The Forum is a traditional meeting venue for the global business, political and civil society leaders. SCM is the only strategic partner of the Forum from Ukraine.

 

In response to the global economic crisis, the theme for this year’s Annual Meeting is a call to action: “Improve the State of the World: Rethink, Redesign, Rebuild”.

 

In the view of the organizers and delegates, consolidating efforts of all stakeholders (governments, businesses, academics, civil society, arts and  religious leaders) to address the important problems facing the global community and working together to reduce potential risks and encourage  social and economic development, is the principal goal of the Forum.

 

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SCM Group is represented at the World Economic Forum's Annual Meeting by Oleg Popov, Chief Executive Officer, SCM; Jock Mendoza-Wilson, Director of International and Investor Relations, SCM; Igor Syry, Chief Executive Officer, Metinvest Holding (SCM's mining and metals holding) and Maksim Timchenko, Chief Executive Officer, DTEK (SCM's energy holding).

 

“We have been a partner and active participant of the World Economic Forum for four years. In fact, we've been involved not only in the global discussion traditionally held in the end of January here, in Davos, but also in the meetings of industry-focused task groups taking place during the year”, said Oleg Popov, SCM's CEO.Davos for SCM is an excellent opportunity to hear about and discuss the leading international practices and trends in business and economics. It gives us an opportunity to adapt and apply the best solutions in SCM Group today, and to understand the latest global trends, policies and thinking and helps us compete in the global markets.

 

In 2010, the meeting participant will focus on six key aspects:

 

1. How to Strengthen Economies

2. How to Mitigate Global Risks

3. How to Ensure Sustainability

4. How to Enhance Security

5. How to Create a Values Framework

6. How to Build Effective Institutions

 

Profile:

 

SCM is a professional investor that owns and controls assets in mining and metals, power generation and distribution, telecommunications, banking, insurance, media as well as in retail and real estate.

SCM Group includes Metinvest Holding, DTEK, VegaTelecom Group, Segodnya Multimedia, TRK Ukraina, ESTA Holding, Ukrainskiy Retail and others.

SCM is 100% owned by businessman Rinat Akhmetov.

 

The World Economic Forum is an independent international organization integrating about a thousand foremost companies of the world. The mission as it is seen by the Forum and its partners is to improve the state of the world by engaging leaders in partnerships to shape global, regional, business and industry agendas.

 

Press office of SCM

Tel: +38 062 381-50-37

Fax: +38 062 381-50-55

press@scm.com.ua

 


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