A delegation of the International Investment Bank comprising Deputy Chairman of the Board Vladimir Liventsev and Deputy Head of Customer Relations Department Robert Bulla visited the capital of Slovakia -Bratislava. Series of trilateral negotiations with participation of the delegation of the Government of Moscow, chaired by the Minister for Foreign Economic Activity and International Relations Sergei Cheryomin, were held with the Slovak companies involved in discussing and implementing projects in the Russian capital.

Some of these companies proved to be prospective for the Russian-Slovak cooperation and fit in the priorities of the Bank -that is promotion of advanced green technologies.

Západoslovenskáenergetika presented a project to modernise Moscow’s energy infrastructure. Green Way Operation and Volkswagen Bratislava showed the concept of E-Mobility -the usage of electric cars in the city including their service and rental facilities. Projects to boost the efficiency of water supplier, Mosvodokanal, were also studied. In all these directions IIB can both become a connecting link between Russian and Slovak partners and provide assistance in their financing. This corresponds to already existing agreements between the Bank and the Government of Moscow.

The delegations of IIB and the Government of Moscow also held talks with the Mayor of Bratislava Mr. Vtáčnik. The head of the Slovak capital shared their experience in implementing a number of infrastructure city projects, voiced support in developing business contacts with Moscow and readiness to assist in promoting Russian-Slovak cooperation. At the same time, the Mayor of Bratislava acknowledged IIB’s positive role as a multilateral institution for development in supporting economic cooperation between its member states.

Developing business contacts with Slovakia reflects IIB’s target to expand its presence in Central and Eastern Europe. Apart from increasing investment activity IIB plans to enter capital markets and open a regional office.