Wednesday, January 30, 2013

Russia Hires Goldman to Improve Investment Image

Russia has hired US banking giant Goldman Sachs in a $500,000 deal to polish the image of the country’s investment potential abroad and lure foreign cash, Deputy Economics Minister Sergei Belyakov said. “We, officials, don’t know how to communicate with investors,” Belyakov said, explaining the government’s decision. Under a memorandum signed with the Economic Development Ministry and the Russian Direct Investment Fund, Goldman Sachs will promote Russia’s contacts with international rating agencies, help organize roadshows, and bring together Russian officials with investors to improve the perception abroad of Russia's investment climate.

http://en.rian.ru/business/20130129/179107134.html
http://www.bloomberg.com/news/2013-01-28/russia-hires-goldman-to-boost-investor-image-abroad.html

No comments:

Post a Comment