The session was moderated byMichael Akim, Chairman of the AEB Working Group on Modernization and Innovations; Vice-President, ABB Russia. Welcome speech was delivered byFrank Schauff, AEB CEO. Speakers were Tadzio Schilling, Deputy Head ofEconomic Affairs of the Embassy of Switzerland in Russia; Patrick Willems, Project Manager, IFC Russia Renewable Energy Program, IFC; Peter Vullinghs, CEO, Philips Russia and CIS; Stuart Lawson, Executive director and Senior Advisor, Russia and CIS, EY; Igor Titov, Deputy General Director, Renault Russia; Artak Makaryan, Development Director of Business and Investment, YIT; Kurt Kaltenegger, Group Vice-President, Head of Technology ABB Technology Ventures. The participants shared the best European experiences and discussed the most promising areas, technologies and resources for financing sustainable development projects. Besides, on 14 October 2014, the AEB held ajoint session together with the Moscow City Government «Building competitive industries in the metropolis». The session aimed at reviewing the perspectives of the establishment and development of competitive industries in the city. At the discussion, Philippe Pegorier, Chairman of the AEB Board; President, Alstom (Russia, Ukraine, Belarus), Olga Bantsekina, First Deputy Chair; Chief Representative, Coleman Services UK Ltd, and Mr. Akim took active part. The AEB also supported EU-Russia Year of science event: «International Cooperation in Research and Innovation: Global Challenges, Global Opportunities», which took place on 14 October 2014 as part of the Open Innovations Forum. 

L-R: Michael Akim, Chairman of the AEB Working Group on Modernization and Innovations, Vice-President, ABB Russia; Kurt Kaltenegger, Group Vice-President, Head of Technology ABB Technology Ventures; Peter Vullinghs, CEO, Philips Russia and CIS; Artak Makaryan, Development Director ofBusiness and Investment, YIT; Igor Titov, Deputy General Director, Renault Russia.