18.09.06. “Russian Investment Club” held a conference on restructuring.
“Russian Investment Club” together with the magazine “Finansoviy Director” on September 14, 2006 in the hotel “Ararat Park Hyatt” held a conference on the subject “Restructuring as a tool of investment attraction improvement of companies”.
Representatives of financial organizations as well as other large Russian companies who have experience of restructuring spoke at the conference. More than 70 people participated in the event.
Chief Financial Officer of GK “Novie Cheremushki” Vyacheslav Gvozdev opened the conference and considered main stages of business restructuring. Project Manager of ÎJSC “NPO Saturn” Petr Sazonov also spoke on this subject. By the example of his enterprise he told about management of business restructuring. In his judgment restructuring is a process of the structure (profile) changing of a company’s activity which is accompanied by appropriate changes of assets structure, borrowed sources of finance (debts) structure and if necessary changes of capital as well as organization and staff structures and the structure of an enterprise management.
The speech of Managing Partner of the consulting company “Russian Investment Club Consulting” Oksana Belevich was devoted to implementation of non-resident organizations while restructuring companies. She explained in what cases one shall choose an off-shore or on-shore company and considered main tasks which can be fulfilled by restructuring with the help of a non-resident company.
Director of Management center of reforms of ÎJSC “Mining and Smelting Company “Norilsky Nickel” Dmitriy Khlebnikov expressed his point of view in respect to implementation of outsourcing as a tool of business reorganization. He told about outsourcing array with the help of which one can make decisions connected with transference of different business lines to outsourcing and showed it by the example of the company “Polus Zoloto”.
From the report of Chief Financial Officer of OSAO “Ingosstrah” Konstantin Sokolov the audience learned how to analyze practicability of legal reformations and to choose a variant optimal for a company. Deputy Director General of the company “Techniques of Corporate Management” Aleksey Moskvin shared his experience of nonspecialized assets withdrawal for increase in capitalization of a company.
The speech of Director General of Financing company “Russian Investment Club” Mikhail Skvortsov was devoted to attraction of financing in the stock market. He considered the function of restructuring at different stages of financing attraction. He also compared bills and bonds loans and banking credits in respect to their profitability and explained in what cases a company shall enter the stock market.
Then the member of the Board of Directors of IBG “Russian Investment Club” Pavel Semenyuta told how to reorganize business to increase its transparency ant attract outside financing. He stressed that business transparency enables to attract cheaper financing, improve image and management quality of a company, reduce risks and increase the cost of business and in future enter the market of capitals. Pavel Semenyuta also closely considered different tools of transparency increasing.
In conclusion at the conference spoke Chief Financial Officer of “Vitek” Elena Ageeva who shared her experience of staff motivation at business reorganization.
Many of the participators pointed out practical use of the event.
Contact person
Nadezda Moiseenko, PR-manager
Tel: +7 (495) 231-3645, 231-3646, fax: +7 (495) 231-3647;
pr@rusinvestclub.ru