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Russian Compliance Alliance Round Table

The American Chamber of Commerce in Russia held a round table on April 9 to discuss the Russian Compliance Alliance (RCA) Business Ethics Program. The event was moderated by AmCham President & CEO Alexis Rodzianko and RCA President Patricia Dowden. Participants discussed topics related to the project's implementation, such as the impact of the current political situation on the project’s desirability to multinationals and to Russian companies, the level of interest in offering the product as a part of a company’s own vendor management system, ways to reduce audit costs, and how to develop weighting factors.

The RCA initiative is designed to educate the Russian market about global and Russian legal requirements, improve the efficiency of the due diligence process, improve the competitive position of companies that participate in the self-evaluation by listing them in the Russian Compliance Alliance Registry, and assist multinationals in building compliance programs that can protect them from third party agent liability under the American Foreign Corrupt Practices Act and the UK Bribery Act.

[photograph: center / left: Alexis Rodzianko; center / right: Patricia Dowden]

Women Entrepreneurs Conference

A conference entitled "Global Impact: Women Entrepreneurs" will be held on April 25, 2014 at Spaso House. Information on the event can be found here: English | Russian. Registration for the conference is free but space is limited.  If you would like to attend the conference, please send your name, your title, your company and the reason you would like to attend to this address:  WomenEntrep@state.gov.  Only guests who receive a confirmation will be able to attend.

AmCham Round Table on Fair Competition in Public Procurement

The American Chamber of Commerce in Russia, in collaboration with the International Business Leaders Forum (IBLF), held a policy round table on April 9 on providing fair competition in public procurement. The event was moderated by Boris Tkachenko, head of IBLF Russia. Following opening remarks by Alexis Rodzianko, President & CEO of AmCham Russia, Helen Abramova, Business Standards Program Manager with IBLF Russia, spoke on business participation in improving public procurement in Russia; Oxana Migitko of Pepeliaev Group presented an initial analysis of the gaps in Federal Law No. 44 and the impact on companies participating in public tenders; Anton Subbot of Baker & McKenzie spoke on enforcement trends in public procurement tenders, and Konstantin Rybakov of KPMG outlined the main approaches to the development of Federal Law 223. (click here for background information).

Photographs from the event (click to enlarge):

from left: Alexis Rodzianko (AmCham),
Konstantin Rybakov (KPMG) 

center: Boris Tkachenko (IBLF Russia)

Anton Subbot
(Baker & McKenzie)

right: Helen Abramova
(IBLF Russia)

Oxana Migitko
(Pepeliaev Group)

World Bank Lead Economist Briefs AmCham

During an AmCham high-level speaker briefing on April 4, Birgit Hansl, Lead Economist and Sector Leader with the World Bank (photograph:left), made a presentation entitled "Confidence Crisis Exposes Economic Weakness in Russia." The event was moderated by AmCham President & CEO Alexis Rodzianko (photograph:right) and hosted by the Marriott Royal Aurora Hotel in Moscow. Over 50 AmCham executives participated.

AmCham Round Table Discussion

On March 7, AmCham hosted a round table to discuss the developing situation related to the Ukrainian political crisis and to assess the possible implications for AmCham-member businesses.

As we have for twenty years, through numerous political and economic challenges, the American Chamber of Commerce in Russia will continue in its mission: to represent the business interests of AmCham-member companies.

The March 7 round table was the first in a series of events that AmCham is now preparing in order for AmCham member companies to discuss their concerns and opinions regarding the potential impact of the current situation and what it may mean for American businesses in Russia. The session was hosted by AmCham President & CEO Alexis Rodzianko.

Follow AmCham Russia in the news: New York TimesReuters | Moscow Times | RT | Forbes | Turkish Weekly

AmCham Condolences to Family & Friends of Robert Strauss

AmCham wishes to offer its condolences to the family and friends of Robert Strauss, who died on March 19 at the age of 95. In his long and distinguished career in public service, including in the administrations of Jimmy Carter, Ronald Reagan, and George H. W. Bush, he was noted for his important role in bolstering U.S.-Russia diplomatic and economic relations - including as the first U.S. Ambassador to the Russian Federation and as the first Chairman of the U.S.-Russia Business Council.

Presentation On Titanium Valley Special Economic Zone

The American Chamber of Commerce in Russia held a briefing yesterday on the Titanium Valley Special Economic Zone. The event was moderated by AmCham President & CEO Alexis Rodzianko and featured presentations by Artemiy Kyzlasov, General Director of the Titanium Valley Special Economic Zone, and Alexander Budylin, Senior Associate with Praxair, one of the major investors in the zone.

To download the presentations made during the event, please click here.

For press coverage from The Moscow Times, please click here.

 Alexis Rodzianko

 Artemiy Kyzlasov

Alexander Budylin 

Alexis Rodzianko Speaks with The Moscow Times

Alexis Rodzianko, President & CEO of the American Chamber of Commerce, recently spoke with The Moscow Times, reflecting on his personal experiences working in the Russian market, challenges he's faced and lessons learned, his family's unique place in Russian history, as well as some of his interests beyond business. Please click here for the full text of the interview, and click below for a short question-and-answer session at the AmCham headquarters in Moscow.


 

AmCham 2014 Major Annual Policy & Social Events

The American Chamber of Commerce is pleased to release a list of its 2014 major policy and social events, including preliminary timeframes and relevant contact information.

AmCham Holds Annual Holiday Party

AmCham held its Annual Holiday Party on December 7 at the Ritz-Carlton Moscow. A record turnout of over 270 AmCham executives began the evening with a cocktail reception followed by a Ritz-Carlton gourmet meal, live music and dancing. Throughtout the evening, top-class entertainment was provided by Karagod, the Gatsby Orchestra, a children's choir, and a country dance group, not to mention crazy animated snowmen! A special raffle sponsored by Delta Air Lines was held for two business class tickets to any destination in U.S., and MasterCard sponsored an additional raffle for six tickets to the Bolshoi Theatre. AmCham thanks major sponsors MasterCard and Microsoft, general sponsors Access Industries, Amsted Rail, Chevron, and Rosinka, beverage sponsor Coca-Cola, spirits sponsors Maker's Mark and Parlament, welcome reception sponsor Abrau-Dursu, technical sponsor Philips, and decoration sponsor Holiday Classics.

AmCham Russia PRESS RELEASE: Alexis Rodzianko Named as New AmCham President

FOR IMMEDIATE RELEASE
Tuesday, November 19, 2013

Alexis Rodzianko Named as New AmCham President

MOSCOW – Respected banker and Russia specialist Alexis Rodzianko takes office today as the new President of the American Chamber of Commerce in Russia (AmCham). Mr. Rodzianko’s appointment was formalized by a unanimous vote of the AmCham Board of Directors on Monday following an international search.

Andrew Somers, AmCham President & CEO since 2000, announced earlier this year he would be departing to launch a new strategic consulting firm. Mr. Somers will continue working with AmCham as an advisor to Mr. Rodzianko.

“We have the greatest confidence in Alex, who comes to us after a successful career in finance," said Ron Pollett, President & CEO, GE in Russia/CIS, and Chairman of the Board of AmCham. “We are indebted to Andrew Somers for his unmatched service in making AmCham so relevant and effective in advocating for the American and international business community in Russia. The AmCham Board will work closely with Alex as we build on the solid foundation built by Andrew over the last 13 years.”

Alexis Rodzianko becomes AmCham’s President after three decades as a banker in New York and Moscow. He held senior positions in IFC Metropol, Credit Suisse, Deutsche Bank, and JP Morgan in Moscow from 1995 through 2013. Previously he was a senior emerging markets banker at Chemical Bank in New York. He also serves as an independent Director of SKB Bank in Russia and is Chairman of the Board of Centurion Capital. A U.S. citizen, he is fluent in Russian. Before receiving his MBA from Columbia University in 1980, he served as an interpreter at the SALT II negotiations in Geneva after graduating from Dartmouth College in 1973.

“I look forward to further strengthening AmCham, building on the extraordinary accomplishments of Andrew Somers,” said Mr. Rodzianko. “I will do so in close cooperation with AmCham's 700 members, our Board, staff, and the international and Russian business communities.”

“AmCham continues to be the leading foreign business association in Russia,” said Mr. Pollett. “We are grateful to Andrew Somers for his unparalleled business advocacy on behalf of AmCham member companies. And we look forward to working with Alex Rodzianko as he now leads AmCham to meet the challenges and needs of the international business community in Russia.”

ENDS
About AmCham:

The American Chamber of Commerce (AmCham) is the largest foreign business organization currently operating in Russia. Advocating the trade and investment interests of over 700 member companies, AmCham advances commercial relations between the Russian Federation and the international community by promoting an environment friendly to investment and attractive to investors. In so doing, the Chamber works with the Russian government to resolve common obstacles to business operations and to protect and promote the legitimate common economic interests of member companies. Headquartered in Moscow, with an office in St. Petersburg, the Chamber is well situated to promote the interests of its members on the Russian market both at the federal and regional levels. For almost 20 years, AmCham has provided an essential forum for dialogue between the international business community and key policymakers.

Media Contact:
Guy H. Archer
Communications Director,
The American Chamber of Commerce in Russia
Telephone: +7 (495) 961-2141
Mobile: +7 (985) 728 2456
Email: garcher@amcham.ru

AmCham Holds Annual Tax Conference

The American Chamber of Commerce in Russia held its annual Tax Conference on November 13. Following opening remarks by AmCham President and CEO Andrew Somers, RF Deputy Minister of Finance Sergey Shatalov briefed AmCham executives on the most recent and planned changes to Russian tax policy designed to promote business development in the short- and medium-term.

Following Mr. Shatalov's address, AmCham tax experts made presentations on a range of tax-related topics, including assets tax reform, debt pricing, the impact of the law on money laundering on taxation and compliance policies of Russian taxpayers, criteria and implications of unjustified tax benefits, and the impact of Russia's 2012 WTO accession on taxation in Russia. Speakers included Svetlana Zobnina (EY), Arseny Seidov (Baker & McKenzie), Alexander Kulikov (Alinga Consulting Group), Svetlana Stroykova (PwC), Angelos Benos (Deloitte), and Art Franczek (American Institute of Business & Economics).

The corporate presentations made at the event are available here.

Over 110 AmCham tax executives participated in the half-day event at the Baltschug Kempinski Hotel in central Moscow. [Photograph from left: Sergey Shatalov, Andrew Somers]

AmCham Holds Annual HR Conference

AmCham Russia held its Human Resources Conference on November 14 at the Nikol'skaya Kempinski hotel in Moscow. The ever-popular annual conference was led this year by AmCham HR Committee co-chairs Nancy MacEntee (EY) and Elena Adamchik (Colgate-Palmolive).

Keynote speaker David Lawlor, General Manager of Kellogg's Russia, shared his thoughts on how corporate HR teams can juggle the demands and expectations of the business and its people whilst maintaining credibility, and the evolution of HR in Russia into a value-adding business partner. Mr. Lawlor's address was followed by an update on the latest developments in the RF state pension system by Timur Gilyazov, Head of Pension insurance with MetLife Alico, and a presentation on distance working by Nadezhda Ilyushina, Head of Employment Pensions & Benefits with Goltsblat BLP.

For the first time in the AmCham HR Conference's history, the opening session was followed by three round-table break-out sessions looking at compensation and benefits, HR business partnerships, and managing the employee pipeline. The round tables featured presentations by Ruxandra Stoian (PwC), Olga Zgurskaya (SAP), Yulia Shevliakova, (Colgate-Palmolive), and Nadezhda Nesterenko (Proctor and Gamble).

Concluding the conference, Anne Ramsay (Kellogg's) moderated an HR Director panel with participation by Sandy Wiseman (BAT Russia), Florin Petrescu (Citibank), and Valeria Minenkova (OZON).

The event, which attracted over 110 AmCham member company HR exectives, was supported by major sponsors Goltsblat BLP and MetLife Alico.

One-Window for Russian visas & work permits | Premium Processing for U.S. visas

An improved one-window service for work permits & related documents is in place for AmCham member companies. This AmCham service is free of charge. Representatives of AmCham member companies should bring their documents to the AmCham office at Dolgorukovskaya 7, 14th floor (Ул. Долгоруковская 7, 14ый этаж). An authorized, dedicated AmCham member of staff collects submitted documents, transfers them to the Federal Migration Service offices, and transfers processed applications back to the AmCham office for collection by members.

In cooperation with the U.S. Embassy Consular Section AmCham has implemented a system to expedite the U.S. visa application process for AmCham members. Premium Processing allows AmCham member company employees to obtain a visa within five business days or less.

Front Page Archive

Looking for an article you saw on the front page of the AmCham website but can no longer find it? Check out the AmCham Front Page Archive.