Russian and German businesses discuss the prospects of mutual investments

Press release, 21.04.2016

Stuttgart, April 21, 2016 – A delegation of the Russian Direct Investment Fund (RDIF), led by CEO Kirill Dmitriev, hosted a working lunch with representatives of prominent German businesses. Discussions focused on developing and strengthening economic cooperation between Russia and Germany and on alternative approaches for collaboration between Russian and German businesses.

In attendance were German representatives from the country’s leading medical, automotive, aircraft construction, industrial and technological companies. The participants discussed the investment potential and export possibilities of Russia and Germany, as well as crucial issues surrounding bilateral relations.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said:

"It is very important that we meet with our German partners in this format as it opens up discussion around specific case studies and approaches to cooperating in the current environment. RDIF is already working on joint projects with French and Italian partners and we hope that we will soon be in a position to announce collaborations with our German partners."

Dr. Klaus Mangold, Prof., Honorary Consul of the Russian Federation in Baden-Wuerttemberg, said:

"The continued development of Russian-German relations should not be limited by restrictions but be built on collaboration. Our business communities recognize this and are constantly looking for opportunities to reach our combined potential. We are delighted to find likeminded partners in RDIF who engage openly and progress discussions towards concrete projects."

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Russian Direct Investment Fund (RDIF) was established in 2011 to make equity co-investments, primarily in Russia alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Further information at rdif.ru

For additional information contact:
Maria Medvedeva
Russian Direct Investment Fund
Director, Media Relations Department
Tel: +7 495 644 34 14, ext. 2141
Mobile: +7 964 726 17 73
E-mail:
mm@rdif.ru

Andrew Hayes / Elena Garside/ Joseph Burgess
Hudson Sandler
Tel: +44 (0) 20 7796 4133