On May 28, online event «Corporate and business projects in the crisis: cannot wait / act?!» was organized on the ZOOM platform. The event was attended by more than 70 participants who discussed financial risk management tools, the impact of the crisis on productive projects and opportunities for projects to integrate into new realities and use the possibilities for the economy transformation.
Mr Maxim Balanev – Executive director and head of INBETS project at St. Petersburg Foundation for SME Development drew attention to the problems related to crisis management in Russian companies. He emphasized that development of corporate governance and the willingness of the owners to delegate control over the main processes in the company are key factors influencing the maintenance of stability in business for a long time.
The event was held with support of St. Petersburg Regional office of the All-Russian Public Organization “Business Russia”, International Management Institute of Saint Petersburg (IMISP), St. Petersburg Foundation for SME Development and INBETS BSR project (the project is funded by the Interreg Baltic Sea Region as part of European Regional Development Fund with the financial support of the Russian Federation).