Smart-Holding Traditionally Becomes a Partner of the Annual World Economic Forum

28.01.2021

Smart-Holding industrial and investment group has once again become an industrial partner of the World Economic Forum (WEF).

The first meeting within the framework of WEF-2021 – the Davos Agenda – began on Monday, 25 January, in online format. This year’s Forum is being held under the banner of the Great Reset Initiative that aims to restore trust and strengthen cooperation between countries amid the coronavirus pandemic. The meetings will be attended by about 1,500 people from 70 countries. These are country leaders, heads of international organizations, representatives of business community and prominent experts. Such world leaders as the President of the People's Republic of China Xi Jinping, German Chancellor Angela Merkel and French President Emmanuel Macron have already made their speeches in the online sessions. World leaders agree that unity and global cooperation are essential in tackling such challenges as the pandemic. It is necessary to rethink the role of and return the former influence to multilateral international institutions that will become efficient platforms for joining the efforts of countries in the fight against potential threats.

The Davos Agenda will continue until Friday, 29 January 2021. Each day of the Agenda focuses on a different area of the Great Reset Initiative: building cohesive, sustainable and efficient economic systems, fostering responsible industrial transformations, improving management of commons, harnessing technologies from the fourth industrial revolution, and promoting global and regional cooperation.

‘The Agenda of this meeting is extremely relevant because the pandemic not only dealt a direct blow to national economies, but also significantly intensified the processes of de-globalization, reviving protectionist sentiments in the global economy. In this context, Ukraine, and especially its export-oriented industries, must rethink their place in global supply chains. Our state should also think about the possibility of developing and introducing efficient tools to stimulate domestic demand. However, it is already clear today that overcoming the pandemic and its consequences is a global challenge that requires joining the efforts of all stakeholders: the state, businesses and society,' said Alexey Pertin, the CEO of Smart-Holding.

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Smart-Holding is one of the largest industrial and investment groups in Ukraine. The interests of Smart-Holding focus on the industries that are the key ones for the economy of the country. The companies of Smart-Holding Group invest in metals and mining, oil and gas segment, banking sector, agriculture, shipbuilding and real estate.

The Company has been a WEF partner since 2008.