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May 2018
April 26, 2017, Wednesday Hannover, Germany

Russia — Germany: Digital Transformation of Industries and New Opportunities for Cooperation

A panel session titled ‘Russia–Germany: Digital Transformation of Industries and New Opportunities for Cooperation’ was held on the sidelines of the world’s biggest industrial exhibition Hannover Messe on April 26. The event was attended by Russian Deputy Minister of Industry and Trade Vasily Osmakov, Eastern Committee of German Economy General Director Michael Harms as well as the heads of Russian and German companies, including Wilo, SAP, Tibbo Systems, 4.0-Veit, and Severstal. The panel session was organized by the Eastern Committee of German Economy, Mangold Consulting, SAP, and the Roscongress Foundation with support from Severstal and Deutsche Messe.

The panel session was opened by Eastern Committee of German Economy General Director Michael Harms, who underscored the importance of a dialogue between Russia and Germany and noted the recent development in bilateral relations: “We are currently witnessing a noticeable revival in Russian-German trade relations and growing interest from German investors in the Russian market. The development of digital technologies will certainly help to strengthen this positive trend. The opportunities for interaction are enormous, as evidenced by the Hanover Fair”.

During the panel session, Russian Deputy Minister of Industry and Trade Vasily Osmakov gave a report on the role of digital technologies in industry and also addressed the development of relations between Russia and Germany: “The Russian delegation’s participation in the world’s largest industrial exhibition Hannover Messe has made it possible to expand international cooperation ties, which will help to meet objectives involving the entry of our competitive products to foreign markets. Germany is one of our key international partners in the industrial sector. We maintain a constant dialogue with representatives of German business and together we are building the maximum transparent rules of the game for foreign investors interested in expanding their level of localization and attracting investment to high-tech production”, Osmakov said.

A key part of the panel session was a discussion of the prospects for industry-based digital transformations in Germany and Russia as well as ways to expand business opportunities in the digital economy, which will make it possible to respond appropriately to the challenges of modern global competition and realize untapped potential. 

One of the primary goals of the discussion was to identify a current and potential market for the digital economy in Russia and Germany in order to develop new business models taking into account the current limitations. 

Commenting on the results of the event in Hannover, Russian Presidential Advisor and Executive Secretary of the St. Petersburg International Economic Forum Organizing Committee Anton Kobyakov stressed that representatives of German business circles have consistently shown great interest in cooperation with Russia, establishing a dialogue based on trust, mutual respect, and the consideration of interests as well as the development and expansion of trade and economic cooperation.

I believe that holding a visiting session of the St. Petersburg International Economic Forum on the sidelines of Hannover Messe in Hannover and the participation of our colleagues from Germany in the Forum events in St. Petersburg, which will take place on June 1-3, 2017, will contribute to the development of multi-faceted bilateral cooperation and take it to a qualitatively new level. Today, our countries have enormous potential to deepen cooperation in different sectors, including the digital industry”, Kobyakov said.

Information for the media:

Ilya Shnaider

Tel. +7 (911) 156 6513

Email: ilya.shnaider@roscongress.org

 

Reference information:
The Roscongress Foundation is a major operator of conventional and exhibition events. 
The Roscongress Foundation was founded in 2007 to develop Russia’s economic potential and strengthen the country’s image by organizing congresses and exhibitions with an economic and social focus. The Foundation develops the substantive content for these events, and provides companies with advice, information, and expert guidance, as well as offering comprehensive evaluation, analysis, and coverage of the Russian and global economic agenda. 
Today, its annual programme includes events held from Montevideo to Vladivostok, offering an opportunity to bring together global business leaders, experts, the media, and government officials in one place, creating favourable conditions for dialogue and the promotion of new ideas and projects, and assisting in the creation of social enterprise and charity projects.