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Severstal

April 27, 2004

General Director of "Severstal-group", Chairman of Board of Directors of JSC "Severstal" Alexey Mordashov was elected Member of Board of Directors of the East-West Institute

In this status he will take part in the East - West Institute (EWI) conference "After elections. How to make the Russian economy competitive" which will be held in New York on April, 27. Alexey Mordashov will take the floor at the session "Competitiveness and business environment in Russia. The Russian glance".

The Report on competitiveness of Russia - the project of the Kendall-Russell Center of corporate competitiveness will be presented at the conference.

According to Alexey Mordashov, competitiveness of the Russian economy in general and its individual enterprises is one of the major factors determining the role of our country in World economy, the guarantee of its steady and successful development in the future.

"It is obvious, that in order to achieve competitiveness, the whole package of measures will be necessary both at the state level, and at the level of individual companies", - said A. Mordashov. Alongside with this it is important, in his opinion, to learn how to supplement currently existing competitive advantages of our country - highly skilled labor force, global transit role, good industrial assets - with creative, innovative approaches to management and production.

The Minister of Finance of the Russian Federation Alexey Kudrin will deliver his report at the conference as a guest of honor.

Informative: The East-West Institute is one of the leading European-American nongovernmental noncommercial organizations in the field of development of the international contacts. The institute was founded in 1981 for the purpose to promote stability and prosperity in the countries of Central and Eastern Europe and Eurasia, which are in the transition stage of development.
The task of the Institute is to assist in development of the important political and economical changes initiated by the leaders of different countries of the world.
The economic program of the Institute in Russia is called "The Kendall-Russell Center of corporate competitiveness ". The Kendall-Russell Center was established in 2002 by the East-West Institute under the patronage of two outstanding leaders of the private sector - Donald M.Kendall and George F.Russell Jr.

 

 

 

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