The Institute of Contemporary Development hosted a roundtable on “Modernization of the Russian Economy: Input of European & Russian Businesses”, organized jointly by INSOR and the Association of European Businesses.

Participants of the meeting included representatives of the Presidential Administration, State Duma, Ministry of Economic Development, Association of European Businesses, INSOR, as well as executives from such companies as Philips, Siemens, Alstom, East Capital, Rosnano, Deutsche Bank and EBRD, among others.

The conference consisted of three sessions: Legislative Regulation of the Innovating Activities; Financing of Innovating Projects; Energy Efficiency as the Transition Way to the Innovative Economy – the later was identified by President Medvedev as one of the most important target areas.