OREANDA-NEWS. February 03, 2011. Davos (Switzerland) opened the World Economic Forum (WEF), a traditional meeting place of the international business and political elite. The event ran from 26 till 30 January. SCM, the only strategic partner of the Forum in Ukraine, took part in the event for the fifth time in a row. 

The main theme for this year’s Forum was "Shared Norms for a New Reality". It reflected the concern of global political and economic leaders about the erosion of common values that could undermine economic growth and political stability of different regions. At the same time, it is a call for consolidation in the post-crisis period.

The theme for the World Economic Forum Annual Meeting 2011 comprises four thematic clusters:

• Responding to the New Reality

• The Economic Outlook and Defining Policies for Inclusive Growth

• Supporting the G20 Agenda

• Building a Risk Response Network Mechanism

The event was attended by the politicians from the G20 countries, over 1,000 member companies of the World Economic Forum, international and non-governmental organizations, academics and media. The SCM Group was represented at the World Economic Forum's Annual Meeting by Oleg Popov, Chief Executive Officer, SCM; Jock Mendoza-Wilson, Director of International and Investor Relations, SCM; Igor Syry, Chief Executive Officer, Metinvest Holding (SCM's mining and metals holding); and Maksim Timchenko, Chief Executive Officer, DTEK (SCM's energy holding).

"Being the leading national investor SCM needs to know the modern international trends and different views on the global economy and politics. Davos has been the best place to discuss trends in the global economy, a sort of platform for generating ideas," noted Oleg Popov, CEO of SCM.

"Consolidating efforts and sharing cutting-edge practices and ideas is especially important now that we see the first signs of economic recovery. The meeting in Davos helps not only to see the opportunities of the new post-crisis reality but also to outline the ways to seize them effectively," added Mr Popov.