Booklet - Central European Initiative
Transcription
Booklet - Central European Initiative
01_introduzione 06/11/2007 14.26 Page 1 01_introduzione 06/11/2007 14.26 Page 2 01_introduzione 06/11/2007 14.26 Page 1 01_introduzione 2 06/11/2007 14.26 Page 2 01_introduzione 06/11/2007 14.26 Page 3 table of contents Organisers ................................................................................................................... 5 General Information and Logistics ................................................................................ 7 National Palace of Culture.............................................................................................. 9 Programme ................................................................................................................ 15 Political Events............................................................................................................. 16 Timetable Programme .................................................................................................. 17 Detailed Programme .................................................................................................... 18 Speakers and Project Promoters .................................................................................. 31 Introduction ................................................................................................................. 32 Biographies and Abstracts............................................................................................ 33 Partners .................................................................................................................... 73 Sponsors...................................................................................................................... 74 Media Partners ............................................................................................................ 78 3 01_introduzione 4 06/11/2007 14.26 Page 4 01_introduzione 06/11/2007 14.26 Page 5 organisers Central European Initiative Project Secretariat Programme Manager: Mr. Guido Paolucci Trieste Office at the CEI Headquarters Via Genova 9 // 34121 Trieste // Italy tel. +39 040 7786 777 // fax +39 040 7786 766 e-mail : [email protected] homepage : www.ceinet.org Executive Officer: Ms. Slavena Radovanovic Executive Officer: Ms. Elisabetta Dovier Junior Executive Officer: Mr. Adrian Keler London Office at the European Bank for Reconstruction and Development (EBRD) One Exchange Square // London EC2A 2JN // UK tel. +44 20 7338 7471 // fax +44 20 7338 6538 e-mail : [email protected] homepage : www.ebrd.com Associate Manager: Ms. Marta Simonetti - Whitford Programme Assistant: Ms. Stefania Del Monte Ministry of Economy and Energy, Republic of Bulgaria Slavianska street, 8 // Sofia // Bulgaria tel. + 355 2 94071 // fax +359 2 987 219 e-mail : [email protected] homepage : www.mee.government.bg Mr. Lachesar Borisov, Deputy Minister Ms. Vessela Bayraktarova, Head of Europe Department Mr. Tzvetan Aleksov, Expert, Europe Department Bulgarian Chamber of Commerce and Industry Iskar Street 9 // 1058 Sofia // Bulgaria tel. +359 2 811 74 00 // fax +359 2 987 32 09 e-mail : [email protected] homepage : www.bcci.bg Mr. Bojidar Bojinov, President Mr. Tsvetan Simeonov, Vice President and CEO Ms. Mariana Stefanova, Director Business Center Bulgaria Economic Forum Vitosha Boulevard 86 // 1436 Sofia // Bulgaria tel. +359 2 951 52 59 // fax +359 2 953 29 24 e-mail : [email protected] homepage : www.biforum.org Mr. George Tabakov, Chairman Mr. Christoslav Bachurov, Executive Director Ms. Christina Dimitrova, Projects Director Ms. Marina Hristeva, Client Relations Director Ms. Monika Nikolova, PR Manager SEF is organised in cooperation with the EBRD One Exchange Square // London EC2A 2JN // UK tel. + 44 20 7338 6000 // fax + 44 207338 6100 e-mail : [email protected] homepage : www.ebrd.com 5 01_introduzione 6 06/11/2007 14.26 Page 6 02_logistic 06/11/2007 14.30 Page 7 02_logistic 06/11/2007 14.30 Page 8 general information and logistics Registration and Accreditation IBA - Interactive Business Area SEF registration includes: access to all formal sessions and to the Interactive Business Area, i.e. to Project Presentations and Focused Meetings, an information pack (participant bag), access to all SEF databases for business contacts and project promotion, participation in social events including two lunches, an evening reception and a cocktail. The Interactive Business Area (IBA) encompasses several activities which aim at favouring the promotion of “project ideas” through business match-making of investors with financial and technical sources. In the course of the years the CEI has gained considerable expertise in this area thanks to its Networking database (please consult www.ceinet.org) used for business match-making. Registration / Accreditation point Ground floor area / National Palace of Culture general information and logistics Monday 19 November (Day 0): Tuesday 20 November (Day 1): Wednesday 21 November (Day 2): The Interactive Business Area includes: 15.00 – 20.00 08.00 – 18.00 08.00 – 13.00 Please note that all participants, press and staff are required to wear their badges during all official events of the Forum including social events. Accommodation More information on accommodation in Sofia is available at www.ceinet.org/SEF/Hotels Local Transportation On-payment pick-up service is provided by most hotels between the city center and Sofia International Airport. Regular taxi service on this route should not exceed EUR 6 (12 leva) each way. Free transfer service will be available for the evening reception on Tuesday 20 (National Museum of History). The buses will depart from outside the National Palace of Culture at 19.30. For more information, please refer to the SEF Info Point located on the fifth floor (east of hall 9). Press Center Assistance to journalists and SEF Media Partners is available at the SEF Press Center located on the sixth floor. Please ask our staff for the participation at the Roundtable of the CEI Ministers of Economic Sectors, for SEF press releases, programme changes as well as for organising interviews with selected speakers. VIP Lounge VIP lounge is located on the sixth floor. Official delegations and speakers can use this facility to arrange their meetings. Please note that only participants with badges marked “VIP” will have access to the lounge. 8 A Project Room (Project Presentations and Focused Meetings in hall 7): the Interactive Business Area consists primarily of thematic workshops used for project presentations. This year’s workshops cover the following areas: Real Estate and Infrastructure, Reforms in South East Europe, Eco-Innovation & alternative sources of Energy for SMEs, as well as SME development Projects co-funded by the EU in the CEI region. A Match-making System which assists SEF participants in making appointments by creating a calendar of business meetings during the event (Bilateral Meetings). This Match-Making venue – situated on the fifth floor, east of hall 8 – will serve as a facility for entrepreneurs, bankers, potential investors and joint venture partners to get to know each other and discuss their business proposals, availability of funds, projects and programmes. A Desk of Italy – located on the fifth floor, west of hall 9 – managed by ICE (National Institute for Foreign Trade, Italy). Contacts: Fabrizio Camastra, Director, ICE Sofia e-mail: [email protected] The strength of the SEF Interactive Business Area lies in the fact that it remains closely linked to the mission of the Secretariat for CEI Projects to assist the implementation of strategies and project ideas into bankable projects and fundable programmes. The main tool used for this purpose is the CEI Trust Fund, established within the European Bank for Reconstruction and Development. The Fund, for which Italy has made a total contribution of EUR 28 million since its inception, is used “to finance technical assistance, training and advisory services, as well as for the identification and preparation of projects to be subsequently financed or co-financed”. The Fund is also to support the organisation of training programmes, workshops, exchange of know-how and advisory services assignments aimed at promotion economic growth and institutional strengthening in the CEI countries of operation. After the Event The 10th CEI Summit Economic Forum major outputs and updated information, including speakers’ abstracts, presentations and 06/11/2007 14.30 Page 9 contacts, project-related documentation, press releases and clipping, post event Official Report and list of participants will be made available on-line at www.ceinet.org/SEF Social Events Tuesday, 20 November 2007 Wednesday, 21 November 2007 Lunch Time: 12.00 – 13.15 Venue: National Palace of Culture (lobby, third floor) Lunch Time: 13.30 – 14.45 Venue: National Palace of Culture (lobby, third floor) Evening Reception Time: 20.00 – 22.00 Venue: National Museum of History (16, Vitoshko lale Str., Boyna) Cocktail Time: 18.30 – 19.30 Venue: National Palace of Culture (lobby, third floor) Free transfer service will be available for the evening reception. Buses will depart from outside the National Palace of Culture (from Vitosha Blvd) at 19.30. The return from the National Museum will be at 22.00. Please make sure you take your SEF badge with you to the reception. National Palace of Culture general information and logistics 02_logistic 9 02_logistic 06/11/2007 14.30 Page 10 general information and logistics ground floor 10 06/11/2007 14.30 Page 11 floor 03 floor 05 general information and logistics 02_logistic 11 02_logistic 06/11/2007 14.30 Page 12 general information and logistics floor 06 12 floor 07 06/11/2007 14.30 Page 13 floor 08 general information and logistics 02_logistic 13 02_logistic 06/11/2007 14.30 Page 14 03_programmev3.qxp 06/11/2007 14.32 Page 15 03_programmev3.qxp 06/11/2007 14.32 Page 16 programme political events 16 Roundtable of the CEI Ministers of Economic Sectors Summit of CEI Heads of Government Date 21 November 2007, 15.00 – 17.00 p.m. Date 27 November 2007, 9.30 – 13.30 p.m. Venue Hall 7, 5th Floor, National Palace of Culture, Sofia, Bulgaria Venue Hall 3, 7th Floor, National Palace of Culture, Sofia, Bulgaria The Ministers of Economic Sectors of the 18 CEI Member States hold their annual Roundtable at the Summit Economic Forum, this year hosted by the Bulgarian Minister of Economy, and Energy. The Roundtable also is attended by special guests which include representatives of International Financial Institutions and International Organisations in the CEI region. The Roundtable is followed by the Press Conference of the CEI Presidency. Entrance to the Roundtable is by invitation only. The annual Meeting of the CEI Heads of Government (CEI Summit) is one of the most significant CEI political-institutional events. The CEI Summit convenes in autumn in the country holding the CEI Presidency and it takes place in parallel with the Summit Economic Forum. The Meeting of the CEI Heads of Government focuses on principles and objectives of the CEI as well as on political and economic orientation for co-operation within the framework of the Initiative. 03_programmev3.qxp 06/11/2007 14.32 Page 17 timetable programme DAY01 TUESDAY 20 NOVEMBER 2007 09.30 // Official opening ///////////////////////////////////// 10.15 hall 3 > 7th floor Conference Sessions hall 8 > 5th floor 12.00 12.00 13.15 13.20 15.00 13.30 15.30 15.10 16.45 1.1 18.30 20.00 22.00 A New Vision of Capital Markets in Central and Southeast Europe - the European Securities Landscape IBA 01 Real Estate Market and Infrastructure. The Bust of the Real Estate Boom or Imminent Surprises? lunch break lobby > 3rd floor 1.2 Energy Infrastructure 2.2 IBA 02 Internationalisation of SMEs: Support Services and Financing How to Implement the Next Wave of Economic Reforms in South Eastern Europe parallel event // Bulgaria-Italy: Entrepreneurial Challanges hall 3 > 7th floor 1.3 The World Bank Group: Mobilising Resources for the Future 16.45 17.00 17.00 2.1 Focus on Bulgaria - Supporting Businesses, Growth and Reforms Consolidation Interactive Business Area hall 7 > 5th floor 2.3 IBA 03 Roundtable on Freight Services: Supporting Business through Transport Infrastructure Development Eco-innovation and Alternative Sources of Energy: Opportunities for SMEs 2.4 IBA 04 Women in Action - The Driving Force of the United Europe SME Development Projects co-funded by the EU in the CEI Region coffee break 1.4 Technical Assistance Needs in the Region // Evening Reception and Cultural Programme venue: National Museum of History programme 10.30 Conference Sessions hall 9 > 5th floor DAY02 WEDNESDAY 21 NOVEMBER 2007 09.00 1.5 10.30 Moving Energy Efficiency Forward 10.30 11.00 11.00 17.00 11.00 12.30 2.5 ICT in SEE: Strategic Issues in Research, Technology and Deployment coffee break parallel event // Great-IST Final Conference. Project supported by the European Commission FP6 IST Programme hall 3.2 > 8th floor 1.6 EBRD Transition Report 2007: People in Transition 2.6 Mobilising Actors for Environmental Governance 12.45 13.30 // SEF Closing Ceremony and Press Conference hall 8 > 5th floor 13.30 14.45 lunch break lobby > 3rd floor 15.00 17.30 // Roundtable of the CEI Ministers of Economic Sectors //////////////////// 17.40 18.15 // Ministers’ Press Conference hall 7 > 5th floor 18.30 19.30 cocktail lobby > 3rd floor hall 7 > 5th floor 17 03_programmev3.qxp 06/11/2007 14.32 Page 18 detailed programme Tuesday 20 November 2007 Day 01 // 9.30 10.15 Official Opening Venue: Hall 3 (7th floor) programme The Official Opening sees SEF organisers welcoming all participants and drawing attention to the main topics to be discussed during the event. The Prime Minister of Bulgaria, Mr. Sergei STANISHEV, will address the public on behalf of the Government, which holds the rotating CEI Presidency for 2007. The Bulgarian Minister of Economy and Energy, Mr. Petar DIMITROV, will address the public on behalf of the Ministry, the event’s co-organiser. Other notable speakers include Amb. Harald KREID, Director General, CEI Executive Secretariat, Mr. Guglielmo ARDIZZONE, Minister Plenipotentiary, Italian Ministry of Foreign Affairs, Mr. Guido Paolucci, Head of the CEI Project Secretariat, Mr. Christos KATSANIS, Executive Director, United Bulgarian Bank, Ms. Gergana MANTARKOVA, Managing Partner, KPMG in Bulgaria, and Mr. Richard SHEARER, Chief Executive Officer, vivatel. Finally, the representatives of the CEI Secretariats and the Bulgaria Economic Forum will welcome participants and provide practical information on the event. 10.30 Welcome Address H.E. Sergei STANISHEV, Prime Minister, Bulgaria (invited) Speaker H.E. Petar DIMITROV, Minister, Ministry of Economy and Energy, Bulgaria Speaker Amb. Harald KREID, Director General, CEI Executive Secretariat Speaker Mr. Guglielmo ARDIZZONE, Minister Plenipotentiary, Directorate General for European Countries, Italian Ministry of Foreign Affairs Speaker Mr. Christos KATSANIS, Executive Director, United Bulgarian Bank, Member of NBG Group, Bulgaria Speaker Ms. Gergana MANTARKOVA, Managing Partner, KPMG in Bulgaria Speaker Mr. Richard SHEARER, Chief Executive Officer, vivatel, Bulgaria Speaker Mr. Guido PAOLUCCI, Programme Manager, CEI Project Secretariat Moderator Mr. George TABAKOV, Chairman, Bulgaria Economic Forum Coordinator Ms. Vessela BAYRAKTAROVA - Mr. George TABAKOV - Mr. Guido PAOLUCCI 1.1 12.00 Focus on Bulgaria - Supporting Businesses, Growth and Reforms Consolidation Venue: Hall 8 (5th floor) Following 17 years on the challengeing road of transition the hard work is now paying off. Bulgaria joined the EU on January 1st 2007 as a result of a decade of coherent and prudent economic policies and structural reforms. Bulgaria today demonstrates sustained growth rates, falling inflation, declining unemployment and robust FDI. EU membership has now placed the country in a new environment and single market pressures will further stimulate competition. EU membership in itself, however, is not a guarantee that economic conditions will continue to improve and that the country will attract sufficient investment levels to enable it to further stimulate productivity growth. Continuation of prudent economic policies and the perseverance on the reform agenda are essential for Bulgaria to make full use of accession opportunities. This assembly provides an opportunity to share experiences, exchange views and propose specific actions to help address the post-accession convergence challenges going forward. 18 Moderator Mr. James HYSLOP, Director for Bulgaria, EBRD Welcome address H.E. Petar DIMITROV, Minister, Ministry of Economy and Energy, Bulgaria Keynote Speaker Mr. Yavor KUIUMDJIEV, Deputy Minister, Ministry of Economy and Energy, Bulgaria: “Competitiveness of the Bulgarian Economy” Speaker Mr. Stoyan STALEV, Executive Director, InvestBulgaria Agency, Bulgaria: “Bulgaria - The Right Investment Location” Speaker Amb. Michael B. HUMPHREYS, Head, Representation of the European Commission in Bulgaria: “Growth and Jobs - EU Structural and Cohesion Fund in Support of the Lisbon Strategy” Speaker Mr. Cormac MURPHY, Head, Division Bulgaria, Romania and Cyprus, South East Europe Department, European Investment Bank (EIB): “EIB and Financing of Bulgaria's Investment Needs” 03_programmev3.qxp 06/11/2007 14.32 Page 19 Speaker Mr. Andrea CASINI, Chief Business Officer, Management Board, Unicredit Bulbank: “Financial Institutions: Backbone and Engine of Business and Economic Growth in Bulgaria” Speaker Mr. Bojidar DANEV, Chairman and Executive President, Bulgarian Industrial Association – Union of the Bulgarian Business, Bulgaria “Simplification of Regulatory Framework (in line with Lisbon Agenda and EU Policy to Reduce Administrative Burdens by 25 per cent)” Speaker Mr. Dieter WAHL, Financial Director, Miroglio Bulgaria EOOD, Miroglio Deutschland GmbH, Ulmia Stoffe GmbH “Miroglio’s Investments in Bulgaria: History and Actual Situation” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Mr. Yannis ARVANITIS 10.30 2.1 A New Vision of the Capital Markets in Central and Southeast Europe - the European Securities Landscape 12.00 Venue: Hall 9 (5th floor) 10.30 Moderator Mr. Christos KATSANIS, Executive Director, United Bulgarian Bank, Member of NBG Group, Bulgaria Speaker Mr. Hannes HUHTANIEMI, Policy Officer, DG Internal Market and Services, European Commission Speaker Mr. Victor PAPAZOV, Founder and Chairman of the Board, Bulgarian Stock Exchange, Bulgaria: “Capital Market in Bulgaria after MiFID ” Speaker Mr. Gilbert McCAUL, Partner, KPMG in Bulgaria: “A Financial Advisor’s Perspective on the Development of Capital Markets” Speaker Mr. Heinrich SCHALLER, Joint Chief Executive Officer, Vienna Stock Exchange, Austria: “Vienna Stock Exchange – International Expertise and Know How in the Modern Capital Markets” Speaker Mr. Henry VON BLUMENTHAL, Senior Capital Markets Officer, European Investment Bank (EIB): “EIB and Capital Markets Development in Central and Eastern Europe” Speaker Mr. Stere FARMACHE, Chief Executive Officer, Bucharest Stock Exchange, Romania: “Bucharest Stock Exchange Development and Capital Market Integration” Speaker Mr. Luciano MONTI, Chief Executive Officer, APRI Sviluppo Private Equity S.p.A., Italy: “Early Stage Financing” Coordinator Bulgaria Economic Forum Officer in Charge Mr. George TABAKOV - Ms. Christina DIMITROVA IBA 01 programme In recent years a new EU regime for regulation of the European securities markets has been developed. The new directives and implementing measures entail very extensive changes that will affect the development in the capital markets. In some areas, the new EU regulatory regime introduces completely new opportunities, while in others the focus is first and foremost on greater harmonisation of national legislation, so that EU regulation supports the continued progress towards a fully integrated securities market in the EU. The new regulatory regime is expected to augment competition among the various trading platforms in Europe, strengthen cross-border competition among securities dealers, and further harmonise the approach to investor protection. Real Estate Market and Infrastructure. The Bust of the Real Estate Boom or Imminent Surprises? Venue: Hall 7 (5th floor) 12.00 Moderator Mr. Plamen RUSSEV, Managing Partner, Balkan Consultancy Center, Bulgaria Keynote Speaker Mr. Dimcho MIHALEVSKY, Deputy Minister, Ministry of Regional Development and Public Works, Bulgaria Project Promoter Mr. Strahil IVANOV, Manager, Yavlena Ltd., Bulgaria: “Outlines of the Bulgarian Real Estate Market” Project Promoter Mr. Miroslav YAZOV, Financial Manager, Yazov Group, Bulgaria: “Sky Buildings – the New Face of Business and Living in Plovdiv” Project Promoter Mr. Atanas GAROV, Managing Director, Colliers International, Bulgaria Project Promoter Ms. Oksana TSEDRIK, Deputy Director CUE “Ecocomplex”, Minsk Region Executive Committee, Belarus // Mr. Vladimir SOBOLEV, Counsellor, Foreign Economic Cooperation, Belarusian Chamber of Commerce and Industry: “Organization of the Modern System for Separate Collection and Processing of Solid Domestic Waste” Project Promoter Ms. Nataly PETROVSKAYA, Chief Specialist, Department of the Energy Efficiency and Ecology, Ministry of Energy, Belarus // Mr. Vladimir SOBOLEV, Counsellor, Foreign Economic Cooperation, Belarusian Chamber of Commerce and Industry: “Reconstruction of Mozyr Heat Power Plant” Coordinator Bulgaria Economic Forum & BALREC - Balkan Real Estate Conference CEI Officer in Charge Mr. George TABAKOV - Ms. Christina DIMITROVA 19 03_programmev3.qxp 13.20 06/11/2007 1.2 14.32 Page 20 Energy Infrastructure Venue: Hall 8 (5th floor) 15.00 programme One of the three main objectives of the EU energy policy for Europe is to 'increase the security of energy supply'. This could be achieved with the provision of reliable energy sources (traditional fossil as well as renewables, clean and alternative form of energy) and the building of the necessary infrastructure for the supply and transfer of energy resources. The three-year action plan, adopted in March this year, envisages effective diversification of energy sources and energy supply routes. Having in mind the increasing energy dependence of EU, which is expected to reach 70% (if no measures are taken), strengthening inter-regional commercial ties between EU, Central Asia, Caspian and the Black Sea Regions is key to ensure diversification of energy sources and energy supply routes. The presence of adequate energy infrastructure is an important prerequisite to guarantee the reliability of energy supplies and the effective functioning of competitive energy markets. The second main objective of the European energy policy is to guarantee the competitiveness of European economies and provide energy at affordable prices. Again, this can be ensured also through the Energy Community, which includes non-member countries from the Balkans. This panel will consider the ever-changing role of Southeast Europe as an important link in the energy resources routes and will stress the valence of ensuring investments in large infrastructure projects to strengthen the links between European consumers and energy suppliers. 13.20 Moderator Mr. George GIAOURIS, Principal Banker, Power and Energy, EBRD Keynote Speaker Ms. Galina TOSHEVA, Deputy Minister, Ministry of Economy and Energy, Bulgaria: “The Bulgarian Energy Policy in the Context of the European Energy Policy - Challenges and Opportunities” Speaker Mr. Charles FEINSTEIN, Energy Sector Manager, Europe and Central Asia, Sustainable Development Department, World Bank: “SEE (Security, Environment and Economic Growth) in SEE: A World Bank Energy Sector Perspective” Speaker Mr. Alistair McLEISH, Founder and Chief Executive Officer, Mmd Group: “Guaranteeing and Communicating Transparency for Major Energy Projects” Speaker Mr. Riccardo MERIGGI, Program Manager South Strema, Eni S.p.A. Gas & Power, Italy: “Increasing Energy Security in Europe? Key Update on the planned South Stream Gas Pipeline project” Speaker Mr. Enrico VIALE, Manager for the Balkans, ENEL, Italy: “Energy balance, Capacity Increase and Investments in Southern Eastern Europe” Speaker Mr. Mardik Rupen PAPAZYAN, Executive Director, NEK AED, Bulgaria: “The Electric Power Infrastructure in Bulgaria and Prospects for its Development” Speaker Ms. Rositsa TANEVA, Head of Department, Bulgartransgaz EAD Speaker Mr. Vladimir VASILCHENKOV, Deputy Director General, Belarusian National Dispatcher Centre of Power Industry, Belarus: “Belarus Energy Sector Development for Increasing Energy Security” Speaker Mr. Werner AULI, Member of the Executive Board of OMV Aktiengesellschaft, Head of Gas, Austria: “Nabucco Gas Pipeline Project” Coordinator CEI Project Secretariat, BEF Bulgaria Economic Forum Officer in Charge Mr. Guido PAOLUCCI - Ms. Gaia PERACCA - Mr. George TABAKOV 2.2 Internationalisation of SMEs: Support Services and Financing Venue: Hall 9 (5th floor) 15.00 SMEs find it more difficult than large enterprises to have cross-border activities within the European Internal Market and in third countries markets. In Europe significantly only 24% of small and 25% of medium enterprises claim to be prepared to go to another country. In this scope it is necessary to help SMEs to face more and more demanding markets and CEI Member States policies should support SME internationalization to third markets. This session will focus on how to support Governments, public institutions and the private sector in CEI Countries to improve their capacity to design policies and to implement support programmes specifically aimed to SME internationalization. There is clear evidence of market failure that creates barriers preventing SMEs from achieving their full potential. In particular, obstacles hampering SME access to international markets include: shortage of working capital to finance exports; lack or low level of human resources with sufficient knowledge on foreign markets and specific technical skills; identifying foreign business opportunities; limited information to locate and analyze markets; inability to contact potential overseas customers. In order to achieve permanent results, new strategic alliances have to be established between SMEs and policy makers to remove barriers that small enterprises face in their internationalization process. Particular attention will be given to business match-making and to activities aimed to identify cross-border partners and business opportunities. 20 Moderator Ms. Daniela FIORI, Permanent Representation of Italy to the European Union, State Aid attaché, Brussels: “Internationalization of SME, a European Strategy in the framework of the Competitiveness and Innovation Program 2006/2013” Speaker Mr. Stanimir BARZASHKY, Executive Director, Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), Bulgaria: “The Government Supporting Programmes for SME sector in Bulgaria” Speaker Mr. Antonio FANELLI, Deputy Head, OECD Investment Compact for South East Europe: “SME Policy in the Western Balkans: Strengths and Weaknesses” 03_programmev3.qxp 13.20 06/11/2007 14.32 Page 21 Speaker Mr. Raffaele BOLDRACCHI, Principal Manager, Official Co-financing Unit, EBRD: “Enhancing Access to Credit and Providing Innovative Services to Strengthen the Competitiveness of the Micro and Small Enterprise (MSE) sector. The Role of the Donors funded EBRD Technical Cooperation Programme” Speaker Mr. Daniel IVARSSON, Chief, Office for Arab States, Europe and CIS, International Trade Center UNCTAD/WTO Speaker Ms. Valentina ALEXANDROVA, Director, Investment and Legal Services Department, InvestBulgaria Agency, Bulgaria: “Bulgaria – Unique Investment Location” Speaker Ms. Slavica SINGER, Board Chair, CEPOR - SMEs and Entrepreneurship Policy Centre, Croatia: “Croatian Efforts in Internationalization of SMEs: Support Services and Financing” Speaker Mr. Francesco D'APRILE, President of the Italian Association of Management Consultant (APCO), Partner, P&D Consulting Srl., Italy: “Managing Internationalization process and win in the global market. Human Capital and SME Internationalization. Case History” Coordinator CEI Project Secretariat Officer in Charge Ms. Elisabetta DOVIER IBA 02 How to Implement the Next Wave of Economic Reforms in South Eastern Europe Venue: Hall 7 (5th floor) 15.00 13.30 Moderator Mr. Anthony O'SULLIVAN, Head, OECD Investment Compact for South East Europe: “How to Implement the Next Wave of Economic Reform in SEE” Speaker Ms. Marie-Laurence GUY, Projects Officer, Global Corporate Governance Forum, International Finance Corporation (IFC): “Corporate Governance Reform Efforts in Southeast Europe” Speaker Mr. Gian Piero CIGNA, Principal Counsel of Corporate Governance, Legal Transition Team, EBRD Speaker Ms. Dana ARMEAN DENIS-SMITH, Managing Director, Marker Global Ltd., United Kingdom: “Making the Small Count – SMEs, Regulation and Economic Reform in South - East Europe” Speaker Mr. Fadi FARRA, Principal Administrator, OECD: “Targeting Reforms through a Sector Specific Approach” Speaker Mr. Eugenio BETTELLA, Managing Partner, Roedl & Partners, Italy: “CEI Countries’ Legal Framework Changes to West European Standards” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Mr. Yannis ARVANITIS Parallel event programme In most transition countries the initial-phase reform is almost complete: institutions supporting market structures and political-democratic pluralism have been in place for a number of years and are, to varying degree, operational. For the countries of South East Europe, major reforms have been implemented in investment policy, tax and trade. Achievements on the economic front include an average GDP growth rate of 5%, stable inflation, and FDI inflows in the region that have increased from EUR 4.6 billion in 2002 to over EUR 12 billion in 2006. However, the first wave of policy reforms and economic growth has not reduced unemployment that is over 20% in the Western Balkans. The financial infrastructure is still weak with interest rate spreads averaging 7%. Corruption is still high and competition is limited in certain product sectors. This workshop will outline a second wave of reforms for SEE to increase growth and competitiveness and suggest ways to implement those reforms most effectively. Bulgaria - Italy: Entrepreneurial Challenges Venue: Hall 3 (7th floor) 15.30 As in past years, economic operators will be provided with broader information and in-depth studies on the opportunities granted to small businesses. The Italian expertise in the execution of projects co-financed through structural funds will be presented as a model of successful governance. This year’s seminar by the Italian Chamber of Commerce in Bulgaria will focus on how SMEs can benefit from Structural Funds and Measures assistance, in particular through the Operational Programmes (OP) for Competitiveness and OP Human Resources Development. The discussions will be accompanied by the presentation of a number of infrastructure projects and business initiatives under Corridor VIII. Moderator Mr. Marco MONTECCHI, President, Italian Chamber of Commerce in Bulgaria Speaker Amb. Gian Battista CAMPAGNOLA, Italian Embassy in Sofia Speaker Mr. Edoardo POLLASTRI, President, Assocamerestero - Association of Italian Chambers of Commerce Abroad, Italia Speaker Mr. Antonio PAOLETTI, President for Eastern and Central Europe, UNIONCAMERE - Union of Italian Chambers of Commerce, Italy Speaker Ms. Tiziana VECCHIO, General Department for Foreign Trade Promotion, Ministry of Foreign Trade, Italy: “European Structural Funds: an Opportunity for the Italian Enterprises” 21 03_programmev3.qxp 15.10 06/11/2007 14.32 Page 22 Speaker Mr. Fabrizio CAMASTRA, Director, Italian Institute for Foreign Trade (ICE) in Sofia: “Promoting SMEs´ Competitiveness” Speaker Mr. Michele GRIMALDI, General Manager, Pan-European Corridor VIII Technical Secretariat, Italy: “Corridor VIII as a Strategic Axis for Trade and Investments: the Initiatives of the Secretariat” Speaker Mr. Pier Paolo VECCHI, Association of Italian engineering, Architectural and Technical-economic Consulting Organizations (OICE): “Italian Engineering, a Contribution to CEI Region Development” Speaker Mr Giulio GUARRACINO, Executive Manager, Italian Construction Contractors Federation (ANCE) Speaker Mr. Pietro BACCARINI, President of Foreign Chambers of Commerce in Italy Speaker Mr. Jean TALMON, Special Adviser for Central and Eastern Europe, Astaldi Spa Speaker Ms. Daniela KONOVA, Chair of Management Board, Generali Bulgaria Holding AD: “Generali Bulgaria Insurance Companies - Taking Advantage of A Strong Brand In Competing For Insurance Business” Speaker Mr. Alex CAR, Director General, Italcementi Bulgaria: “Italcementi, Sustainable Development and New Investments” Speaker Mr. Marco CASASOLE, Attorney, Legal department // Mr. Giovanni Battista CALI', Attorney, Tax Department, CMS Adonnino Ascoli & Cavasola Scamoni, Italy: “Bulgarian Tax and Legal Issues” Speaker Mr. Vittorio MACCHITELLA, General Director, Uniontrasporti: “Intangible Barriers along Corridor VIII: main results survey” Coordinator CEI Project Secretariat; Italian Chamber of Commerce in Bulgaria Officer in Charge Mr. Marco MONTECCHI - Ms Tiziana CARLINO - Ms. Stefania DEL MONTE 1.3 The World Bank Group: Mobilising Resources for the Future Venue: Hall 8 (5th floor) 16.45 programme The countries of Central and Eastern Europe have achieved tremendous economic progress in the past decade. The countries of the region need to fully mobilize their available resources to maintain the growth momentum and to converge more rapidly to the development level of Western Europe. In this context, this session will begin by presenting the key challenges for the region with regard to human resource development. It will then present the findings of a study on regional integration and growth in South East Europe. The role of PPPs in resource mobilization will also be presented. The World Bank will inform about its strategic goals and areas of activity in South East Europe, and about its engagement in EU Member States through the case study of Bulgaria. Moderator Ms. Sandra BLOEMENKAMP, Special Representative for South East Europe, World Bank Keynote Speaker Mr. Dimcho MIHALEVSKY, Deputy Minister, Ministry of Regional Development and Public Works, Bulgaria: “Project for Development of Municipal Infrastructure” Speaker Mr. Arup BANERJI, Sector Manager, Human Development Department, World Bank: “Human Resource Issues in CEI Countries - Presentation of Key Findings from WB study ‘From Red to Gray: The Third Transition of Aging Populations in Eastern Europe and the Former Soviet Union’ ” Speaker Mr. Ivailo IZVORSKI, Senior Economist, Poverty Reduction and Economic Management Sector, World Bank: “Avoiding the Middle-Income Trap: Integration and Growth in the Western Balkans” Speaker Mr. Angelo DELL'ATTI, General Manager, Private Enterprise Partnership, Southeast Europe Infrastructure, International Finance Corporation (IFC): “PPPs and Resources Mobilisation” Speaker Mr. Marco MANTOVANELLI, Country Manager for BiH, World Bank: “The World Bank's Strategic Goals and Areas of Activity for the Region” Speaker Mr. Florian FICHTL, Country Manager for Bulgaria, World Bank: “Regional and Strategic Challenges - Bulgaria as a Case Study of Engagement with an EU Member State” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Ms. Gaia PERACCA 15.10 2.3 Roundtable on Freight Services: Supporting Business through Transport Infrastructure Development 16.45 Venue: Hall 9 (5th floor) The focus of the roundtable will be on the changes necessary in service models and organisation of railway undertakings to respond to market needs, rather than purely on the infrastructural investments in rail networks. The panel will discuss how to fill the gap between customer expectations and service provided, to enhance the use of infrastructural assets and, as a consequence, stimulate the interest of financial and institutional investors on infrastructural development. In particular, case studies on improving efficiency and effectiveness in the railways offering will be examined, such as: efforts to achieve locomotives interoperability; need for on board staff and loco drivers interoperability; logic behind the construction of a terminal network; development of advanced logistic services integrating rail transport in a door-to-door logic. 22 03_programmev3.qxp 14.32 Page 23 Moderator Ms. Luisa VELARDI, Director, Strategy Department, Trenitalia, Italy: “Roundtable on Freight Services: Supporting Business through Transport Infrastructure Development” Keynote Speaker H.E. Asen GAUGAZOV, Minister, Ministry of Regional Development and Public Works, Bulgaria: “Development of Regional Road Infrastructure to Provide for Traffic of People, Goods and Services” Speaker Mr. Georgi PETARNAICHEV, Deputy Minister, Ministry of Transport, Bulgaria: “Development of Intermodal Transport and Logistics – Priority Task in the Ministry of Transport’s Schedule” Speaker Mr. Giuseppe RAZZA, General Manager, Pan-European Corridor V Technical Secretariat: “Corridor V Development” Speaker Mr. Paul GUITINK, Senior Policy Adviser, Central and Eastern Europe, Community of European Railway and Infrastructure Companies (CER): “Market Demand for Reliable, High Quality Transport Services: Constraints and Opportunities for Rail Freight” Speaker Mr. Pencho POPOV, Director, Central Freight Division, National Railway Operator (BDZ), Bulgaria: “Perspectives for Development of the Railway Freight Transports in Bulgaria” Speaker Mr. Paolo CELENTANI, Director, Marketing Department, Cargo Division, Trenitalia, Italy: “The Rail Cargo Business Lifecycle” Speaker Mr. Karl MOHNSEN, Chief Executive Officer, TX Logistik, Germany: “TThe Role of a New Comer in the Perspective of Market Liberalization” Speaker Mr. Günther ENGELHART, Head, Cargo and Logistic, Rail Cargo Austria: “Cooperation between Trenitalia and RCA to create Efficient Rail Services between Eastern and Western European Hubs” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Ms. Gaia PERACCA IBA 03 Eco-innovation and Alternative Sources of Energy: Opportunities for SMEs Venue: Hall 7 (5th floor) 16.45 This session will focus on environmental technologies and intelligent energy, two tools identified by the EU for enhancing innovation and competitiveness in Europe. Eco-innovation is any form of innovation aiming at significant and demonstrable progress towards the goal of sustainable development, through reducing impacts on the environment or achieving a more efficient and responsible use of natural resources, including energy. Speakers will also examine, with a specific focus on SMEs, prospects and opportunities for the use and production of “intelligent energy”. The promotion of eco-innovation and technologies as well as the use of alternative sources of energy through the EU Competitiveness and Innovation Framework Programme (CIP) aims at contributing to the achievement of environmental objectives and creation of economic opportunities. These themes will be presented by EC representatives and discussed by referring to best practices in the field. 17.00 18.30 Moderator Mr. Fausto SANTANGELO, Representative of the Italian Ministry of Economic Development, BEST Groups to the European Commission, Brussels Speaker Ms. Marinella LODDO, Director, Industrial Co-operation and Relations with Intl. Org., National Institute for Foreign Trade (ICE), Italy Speaker Mr. Pierpaolo DETTORI, Industrial Area Manager, CONSER sccpa, Italy: “Energetically Self-sufficient Industrial Areas: Economic and Environmental Sustainability. The Case Study of Prato (Italy)” Speaker Ms. Svenja BARTELS, Attorney, Roedl & Partner, Italy: “Case Study of a Geothermal Project in Hungary” Speaker Mr. Vittorio GHINASSI, General Secretary, Association for Italian-Moldavian Trade (ACIM), Italy: “Project ‘S.E.E.M’ - Systems for Energy Efficiency in Moldova” Speaker Mr. Andrea VALCALDA, Chief Coordinator, Environment and Innovation Project, ENEL, Italy: “Gaining Technological and Environmental Leadership: Enel’s ‘Environment and Innovation Project’ ” Speaker Mr. Riccardo HONORATI BIANCHI, Expert - Resident Twinning Adviser, Development and Cohesion Policies Department, Ministry of Economic Development of Italy: “Special focus on Environmental and Competitiveness Programmes (Energy, Innovation Projects) - Overview of the Structural Funds in Bulgaria in the Programming Period 2007-2013: stakeholders, opportunities for SMEs” Coordinator CEI Project Secretariat Officer in Charge Ms. Elisabetta DOVIER 1.4 programme 15.10 06/11/2007 Technical Assistance Needs in the Region Venue: Hall 8 (5th floor) This session will outline the rationale as well as take stock of the achievements of grant-type assistance (in the form of technical cooperation and investment co-financing in support of specific components of investment projects by IFIs and other international organisations) in the South-Eastern European region, including Romania and Bulgaria, and in the European Neighbourhood Policy countries members of the CEI. The EBRD will provide 23 03_programmev3.qxp 06/11/2007 14.32 Page 24 presentations on existing funds, such as the multilateral Western Balkans Fund, and on the specific pipeline for the coming months in key sectors and regions. Special emphasis will be given to the discussion of technical cooperation projects in the areas of Municipal and Environmental Infrastructure and Small Business, where assignments have a strong focus on enhancing corporate governance practice, transferring technical knowledge, creating employment and investment opportunities. Those are fundamental to ensure further harmonisation and integration into internationally recognised standards of best practice, thus enhancing companies' creditworthiness and access to banking and capital markets. The session will be of benefit to consultancy houses looking for business opportunities as well as civil servants wanting to learn more about funds’ availability and related operations across institutions. 17.00 Moderator Mr. Gary BOND, Director, Official Co-Financing Unit, EBRD Keynote Speaker Mr. Lyubomir DATZOV, Deputy Minister, Ministry of Finance, Bulgaria: “The Transition in Bulgaria – Status and Challenges” Speaker Mr. Engin GOKSU, Senior Manager, Official Co-Financing Unit, EBRD: “EBRD’s Technical Cooperation Programme in South East Europe” Speaker Mr. Henry RUSSELL, Deputy Director, Municipal Environmental Infrastructure, EBRD: “Case Studies from MEI projects - where TC has been crucial” Speaker Mr. Eivind TANDBERG, Public Financial Management Advisor for South East Europe, International Monetary Fund (IMF), Slovenia: “Public Financial Management Reform Priorities for South East European Countries” Speaker Mr. Daniel IVARSSON, Chief, Office for Arab States, Europe and the CIS, International Trade Center (UNCTAD/ WTO) Speaker Mr. Anthony O'SULLIVAN, Head, OECD Investment Compact for South East Europe: “Technical Assistance Priorities in SEE to improve the business climate” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Mr. Yannis ARVANITIS 2.4 programme In the past, being a leader or a manager was something common for a man. Nowadays women are equal to men and are active in all society and community areas. In 2007 – the European Year of Equal Opportunities for All – we would like to present the readiness and willingness of women to take part in policy and decision making. Women entrepreneurs are numerous and the success of the organizations run by female entrepreneurs is recognized but not widely enough. Access to finance is one of the main driving forces of a company and women are facing problems in obtaining financial resources for their businesses. Women entrepreneurship calls for: raising the visibility of existing women entrepreneurs, creating a climate that is favourable to woman entrepreneurs; increasing the number of new women entrepreneurs; increasing the scale of existing women run businesses. The organizations, presenting and standing behind the rights of women entrepreneurs and women are important players on European and worldwide level. 17.00 Moderator Ms. Ingrid SHIKOVA, Information, Public & Relays Adviser, Representation of the European Commission in Bulgaria Keynote Speaker H.E. Emilia MASLAROVA, Minister, Ministry of Labour and Social Policy, Bulgaria Speaker Ms. Ewa RUMINSKA-ZIMNY, Senior Social Affaires Officer, United Nations Economic Commission for Europe (UNECE) : “Gender Gap and Economic Policy” Speaker Ms. Radka STAMENOVA, Manager, Meridian 22 - Company for Education and Training, Bulgaria: “Lifelong Education – Challenge and Reality for Women” Speaker Ms. Etta CARIGNANI, Secretary General, World Association of Women Entrepreneurs (FCEM), Italy: “Women in Economic Decision-making” Speaker Ms. Jasminka KESER, Head, Project Preparation and Implementation Section, SME Directorate, Ministry of Economy, Labour and Entrepreneurship, Croatia: “Croatian Women in Business” Coordinator Chamber of Commerce and Industry, Bulgaria Officer in Charge Ms. Mariana STEFANOVA IBA 04 SME Development Projects co-funded by the EU in the CEI Region Venue: Hall 7 (5th floor) 18.30 24 Women in Action - The Driving Force of the United Europe Venue: Hall 9 (5th floor) 18.30 Project Promoter Ms. Sandrine CARLIER-WIART, Senior Marketing Analyst, CORDIS Contractor Project Promoter Mr. Mauro BIANCHI, Managing Director, Teseo Sprl, Belgium: “Transferring Government to Business IST Good Practices to Eastern European New Member States // Pro-active Intelligence and Support Programme to stimulate European SMEs faced with Research Issues in the field of ICT Security” Project Promoter Mr. Giuseppe SAIJA, Project Manager, Teseo Sprl, Belgium: “Euro India Research Center. INCITE - INDIA MENTOR: Catalyst for Euro-India ICT Research // FASTER – Fostering Alliances for Sustainable Transport in European Research” 03_programmev3.qxp 06/11/2007 Page 25 Project Promoter Mr. Claudio DI GIORGIO, Head, Information Services & Innovation Department, Informest, Italy // Ms. Boriana MINTCHEVA, Head of Division, SME Internationalization, Bulgarian Small and Medium Entreprises Promotion Agency (BSMEPA), Bulgaria: “IDEA - Interactive Database for Enterprises and Associations: an interactive platform to promote Business Support Services in the CEI Countries” Speaker Mr. Hristo MIHAILOVSKY, Chief Executive Officer, Bulgarian Credit Rating Agency (BCRA), Bulgaria: “Assessment and Transparency of Creditworthiness as a Tool for Enhancing the Competitiveness and Support SMEs Internationalization” Speaker Ms. Giorgia GIOVANNETTI, Professor, University of Florence, Italy: “The Increasing Importance of Internationalized SME in the CEI Region” Coordinator CEI Project Secretariat Officer in Charge Ms. Elisabetta DOVIER Day 02 // 9.00 14.32 1.5 Wednesday 21 November 2007 Moving Energy Efficiency Forward Venue: Hall 8 (5th floor) 10.30 9.00 10.30 Moderator Mr. Jacquelin LIGOT, Director, Energy Efficiency and Climate Change Team, EBRD: “Financing Energy Efficiency in Transition Countries; EBRD’s Experience” Keynote Speaker Mr. Tasko ERMENKOV, Executive Director, State Energy Efficiency Agency, Bulgaria: “Trends and Measures for Energy Efficiency Improvement of Bulgarian Economy” Speaker Ms. Kostadinka TODOROVA, Director, Energy Efficiency and Environmental Protection Directorate, Ministry of Economy and Energy, Bulgaria: “Energy Efficiency in Bulgaria – Present situation, Legal Framework, Measures for Energy Efficiency Increase” Speaker Mr. Gueorgui HOROZOV, Director, Energy and Infrastructure Department, Black Sea Trade and Development Bank (BSTDB) Speaker Mr. Paul WAIDE, Senior Policy Analyst, Energy Efficiency and Environment Division, International Energy Agency (IEA): “International Energy Efficiency Developments in the Buildings Sector: Opportunities and Issues” Speaker Mr. Gianpiero NACCI, Senior Engineer, Energy Efficiency and Climate Change Team, EBRD: “EBRD Approach to Energy Efficiency in the Industrial Sectors: Stand Alone Projects and Credit Lines” Speaker Mr. Zdravko GENCHEV, Executive Director, EnEffect, Center for Energy Efficiency, Bulgaria: “New Energy Efficiency Funds will support Climate Change Mitigation” Speaker Mr. Mario LAZZERI, Business Development Manager, D'Appolonia S.p.A, Italy: “Energy Benchmarking: a Tool developed for EBRD for Assessing Energy Efficiency Performance and Carbon Credit Opportunities” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Ms. Gaia PERACCA 2.5 programme This session will introduce the debate on the importance of extending the benefits of energy efficiency projects to the residential sector and the area of built environment. The EBRD has had a long-standing success in guaranteeing loans to increase energy efficiency and reduce carbon intensity in the corporate sector. Now, moving transition forward in the energy field will require expanding energy efficiency credit lines to local banks for onlending to support small energy efficiency and renewables energy projects in the residential sector. In this respect, the newly established credit line in Bulgaria is a successful case study, whose structure can be replicated elsewhere. The EBRD will also present the results from the latest sustainable energy market study in the Western Balkans, supported by the CEI Trust Fund at the EBRD. ICT in SEE: Strategic Issues in Research, Technology and Deployment Venue: Hall 9 (5th floor) The basic aim of this session is to highlight the strategic issues related to research and business convergence in the ICT sector in South-Eastern Europe. The composition of the session is targeted to presentation of the ICT in SEE from different perspectives. The keynote speech will give the bird-eye vision on the ICT development of the region and its standing within the current development processes. Then the results of the Great IST project which analysed the IST RTD in 11 countries from the region will provide a view on the recent similarities, dissimilarities, strategic issues and urgent needs. Opportunities for cross-border cooperation within eRegion development will furthermore be discussed. Also the business perspective will be represented by providing an overview of the telecommunications market in the SEE. The session will conclude with the case of the new Bulgarian accelerated strategy for the development of the ICT. Thus, the session should give an insight to the recent regional developments as well as available instruments for intervention, and help the participants to identify areas for their future operation. 25 03_programmev3.qxp 11.00 06/11/2007 14.32 Page 26 Moderator Mr. Joze GRICAR, Chairman, Department of Informatics, University of Maribor, Slovenia: “Innovative eRegion Development: Opportunities for the Cross-border Collaboration” Keynote Speaker H.E. Nikolay VASSILEV, Minister, Ministry of Public Administration and Administrative Reform, Bulgaria Speaker Ms. Despina ANASTASIADOU, Director, South Eastern Europe Telecommunications & Informatics Research Institute S.A., Greece: “Insights and Recommendations on IST Research & Development Policies in Eastern Europe - The GREAT-IST Project Perspective” Speaker Ms. Aleksandra RAKOVIC, Expert, Working Table II - Economy, Stability Pact for South Eastern Europe: “Policy and Regulatory Challenges for the ICT Sector in South Eastern Europe” Speaker Mr. Richard SHEARER, Chief Executive Officer, Vivatel, Bulgaria: “The Business Perspective: the Telecommunication Market in SEE” Speaker Ms. Sasha BEZUHANOVA, General Manager, Hewlett-Packard Bulgaria Ltd.: “Economic Growth Based on Innovation” Speaker Mr. Plamen VATCHKOV, Chairman, State Agency for ICT, Bulgaria: “State Policy for ICT Development – an instrument for fostering R & D” Coordinator CEI Project Secretariat Officer in Charge Ms. Slavena RADOVANOVIC 1.6 EBRD Transition Report 2007: People in Transition Venue: Hall 8 (5th floor) 12.30 programme The EBRD Transition Report provides an overview on progress in structural reform and economic performance in the 29 countries of the postcommunist transition region, detailed assessments for each country, as well as a special focus each year on a selected aspect of transition. The leading theme for this presentation of the 2007 Transition Report is People in Transition. Drawing heavily from the results of the EBRD/World Bank Life in Transition Survey (LiTS), conducted in autumn 2006, the Transition Report will look at how peoples' experience in the labour market has affected their life satisfaction and views on reforms, the variation across and within countries in attitudes toward the economic and political aspects of transition, and peoples' perceptions of the impact of transition on public service delivery. Discussants from other IFIs will introduce work conducted through their institutions as a basis for opening up a debate on the transformations achieved in the CEI region of operation through transition. 11.00 Moderator Mr. James HYSLOP, Director for Bulgaria, EBRD Keynote Speaker H.E. Plamen ORESHARSKI, Minister, Ministry of Finance, Bulgaria Speaker Mr. Fabrizio CORICELLI, Director of Policy Studies, Office of the Chief Economist, EBRD Speaker Mr. Christoph ROSENBERG, Senior Regional Representative Central Europe and Baltics, International Monetary Fund in Poland (IMF): “Economic Trends and Challenges in the New Member States” Coordinator CEI Project Secretariat Officer in Charge Mr. Guido PAOLUCCI - Mr. Yannis ARVANITIS 2.6 Mobilising Actors for Environmental Governance Venue: Hall 9 (5th floor) 12.30 Sustainable development is the overarching long term goal for all European countries. While governments in the region will always hold part of the solution through policy conducive to enhanced sustainable practices and the setting of legislative frameworks within which citizens and businesses operate, ensuring sustainable development is also the responsibility of all actors involved in any given transaction. Stakeholders (public bodies, businesses, NGOs, individual citizens) need to be empowered and encouraged to come up with new and innovative ways to address the challenges and seize the opportunities in an enabling business environment. More and more business leaders recognise that there is a business case for social responsibility, and that paying attention to sustainable development spurs investments in new technologies, processes and products which customers want, thus ensuring them a competitive advantage over (slower) competitors. They know that it makes good business sense to plan ahead and know where to invest for the future. They know there are opportunities if there is vision, for example by moving towards a low carbon economy. This session will give space to a range of stakeholders to present their position and the solutions they hold in relations to environmental sustainability. What type of dialogue has been shaped so far in Europe as well as globally, and what do we mean when we speak of sustainability? How is the concept applied in practice? 26 Moderator Mr. Henry Richard JACKELEN, UNDP Resident Representative and UN Resident Coordinator for Bulgaria Keynote Speaker H.E. Sasha DRAGIN, Minister, Ministry of Environmental Protection, Republic of Serbia Speaker Mr. Yordan DARDOV, Deputy Minister, Ministry of Environment and Waters, Republic of Bulgaria: “Economic Growth and Sustainable Management of Natural Resources” Speaker Ms. Anne BURRILL, Deputy Head of Unit, Enlargement & Neighbouring Countries, DG Environment, European Commission: “Environment Policy -- Motor for a Better Future” 03_programmev3.qxp 06/11/2007 14.32 Page 27 Speaker Ms. Teia CATANA, Head of Unit, Ministry of Environment and Sustainable Development, Romania: “Sustainable Development and the Business Sector – the Romanian Perspective” Speaker Mr. Philippe ROMBAUT, Chairman of the Board of Directors, Ecobulpack JSC, Bulgaria: “Separate Waste Collection Management” Speaker Mr. Gianni CATALANO, Managing Director Environmental Control Systems Southern Europe, ALSTOM Power: “Maritza East 1 - Desulphurization Plants for a Better Environment” Speaker Mr. Augusto PRETNER, Chief Executive Officer, SGI Studio Galli Ingegneria S.p.A., Italy: “Environmental Governance in the Water Sector” Speaker Mr. Mike FOSTER, CEO, ENEL Operations Bulgaria: “Sustainable Environmental Programme of Enel in the Rehabilitation and Improvement of Maritza-Est Power Plant” Coordinator Bulgaria Economic Forum Officer in Charge Mr. George TABAKOV - Ms. Christina DIMITROVA 12.45 SEF Closing Ceremony and Press Conference 13.30 Venue: Hall 8 (5th floor) Moderator Mr. George TABAKOV, Chairman, Bulgaria Economic Forum Speaker Mr. Guido PAOLUCCI, Programme Manager, CEI Project Secretariat Speaker H.E. Petar DIMITROV, Minister, Ministry of Economy and Energy, Bulgaria Coordinator Ms. Vessela BAYRAKTAROVA - Mr. George TABAKOV - Mr. Guido PAOLUCCI 17.40 Roundtable of the CEI Ministers of Economic Sectors 18.15 Venue: Hall 7 (5th floor) 15.00 Ministers' Press Conference 17.30 Venue: Hall 7 (5th floor) programme The Closing Ceremony will provide participants with a summary of the outcomes from the forum sessions and will present the conclusions of the Roundtable of CEI Ministers of Economic Sectors. The CEI representative will close the Summit Economic Forum 2007 and will invite participants to the next edition of the SEF, which will take place in Moldova next November under the Moldavian CEI Presidency for 2008. The Minister of Economy and Energy of Bulgaria, Mr. Petar DIMITROV, will address the public on behalf of the host Government and will invite the participants to the closing reception. 27 03_programmev3.qxp 06/11/2007 14.32 Page 28 The event The framework As acknowledged in the revised Lisbon Strategy, among its top priorities Europe needs to implement a comprehensive and holistic strategy for realising the knowledge society and encourage the diffusion of innovative information technologies. In this context, the Final Conference will present the Great-IST Project’s results in order to discuss the future orientation of the research policy related to the Information Society in Central and Eastern Europe. The event is co-organised by the Central European Initiative (CEI) as responsible Project Partner and the State Agency for Information Technology and Communications of Bulgaria on behalf of the CEI Bulgarian Presidency for 2007. The topics that will be addressed during the Conference include: programme • presentation of the EU strategies for IST policy harmonisation • analysis of the regulatory approach in place in the IST sector • identification of policies research priorities in the IST sector • methods of implementation and good practices • mechanisms of cooperation with the academic and business sectors • forms of IST cooperation at regional and international level A roundtable discussion will take place with representatives of competent ministries of participating countries. The project The Great-IST Project (www.great-ist.org) funded by the European Commission FP6 IST Programme, has been conceived with the aim to support the establishment of a more integrated area in research and technology development (RTD) in Central and Eastern Europe. Through a wide cooperation platform open to relevant stakeholders such as science and research centres, universities, governments, competent agencies, industrial associations and the private sector, the Project promotes harmonisation of IST research priorities, convergence of target countries’ IST RTD policies with the EU and cooperation in the broader area of the European East. The operational results of the Project are reflected in a number of concrete guidelines and recommendations addressed to governments as well as to other decision making bodies in order to achieve a fast and effective reorientation of the public and private sectors towards state of the art application of IST. T he participating countries are: Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, FYROM, Moldova, Montenegro, Romania, Serbia, Ukraine. 28 The Conference will be held within the 10th CEI Summit Economic Forum (SEF), the main CEI business event taking place in Sofia on 2021 November 2007. Co-organised by the Bulgarian Ministry of Economy and Energy and the CEI, the SEF acts as a platform gathering the business community, governments, IFIs and international organisations for discussing investment opportunities and economic development in the CEI region. 03_programmev3.qxp 06/11/2007 14.32 Page 29 programme NATIONAL PALACE OF CULTURE Hall 3.2 (8th floor) Policy makers from Ministries responsible for Information Society from 11 target countries and beyond will be gathered in a roundtable in order to discuss, based on the Great-IST Final Report and Position Paper, how to foster regional cooperation in Information Society in the region. The target countries of the project are: Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, FYROM, Moldova, Montenegro, Romania, Serbia, Ukraine. 11.00 // Official opening ///////////////////////////////////// 11.15 Speaker Plamen Vatchkov, Chairman, State Agency for Information Technology and Communications, Bulgaria Speaker Harald Kreid, Director General, Central European Initiative Executive Secretariat 11.15 The Great-IST Project and its Final Report: fostering regional cooperation in Information Society in the “Great European East” 11.45 Speaker Mauro Bianchi, Lead Partner, TESEO s.p.r.l, Brussels, Belgium Introduction to the Great IST Project: concept and results Speaker EC Official (tbc) The EC strategy for IST RTD policy harmonisation in the Great IST region Despina Anastasiadou, Director, South Eastern Europe Telecommunications & Informatics Research Institute (INA) s.a, Thessaloniki, Greece Presentation and insights of the Great IST Final Report 12.00 Recommendations on IST RTD national policies and scenarios for harmonisation: roundtable discussion with policy makers 13.45 Moderator Harald Kreid, Director General, Central European Initiative Executive Secretariat Presentation of the Great IST Position Paper and its policy recommendations for target countries Speaker programme Speaker Miroslav Bojovic, European Centre for Peace and Development, Belgrade, Serbia National Priorities of Great-IST target countries: converging scenarios for IST research Speaker Nelly Stoyanova, Director, Information Society and Information Technology Directorate, State Agency for Information Technology and Communications, Bulgaria Speaker Ministerial representatives from the competent Ministry of target countries (names tbc) Roundtable discussion with contributions and comments from senior policy makers from target countries 15.00 Improving the links between SMEs and research: continuation of the roundtable discussion 16.30 Moderator Miloš Kuret, Ministry of Higher Education, Science and Technology, Directorate for Information Society, Slovenia Speaker Boris Cizelj, Slovenian Business and Research Association, Brussels, Belgium The SME sector and its relations with research and technological development: Great-IST lessons learned and challenges ahead Speaker Ministerial representatives from the competent Ministry of a target countries (names tbc) Roundtable discussion with contributions and comments from senior policy makers from target countries 16.30 Follow up actions: similar initiatives, EU instruments and closing remarks 17.00 Speaker Raphael Koumeri, Director, Brussels Office, PLANET S.A., Greece From research capacities to ICT research priorities in the Western Balkans Speaker Vlassios Venner, Project Officer, European Commission, Information Society and Media Directorate-General, International Relations (tbc) Follow up to the Great IST Project: outlining forms of future cooperation through the EC instruments Speaker Krasimir Simonski, Deputy Chairman, State Agency for Information Technology and Communications, Bulgaria Closing remarks 29 03_programmev3.qxp 06/11/2007 14.32 Page 30 04_speakers_v4.qxp 06/11/2007 14.41 Page 31 04_speakers_v4.qxp 06/11/2007 14.41 Page 32 introduction speakers and project promoters This Chapter contains speakers’ biographies and abstracts, as well as Project Promoters’ presentations. This information will help SEF participants choose the sessions and project presentations that best meet their interest. Speakers’ contact details are also reported in order to promote the development of further relations and cooperation. Power Point presentations and all relevant documentation provided in this Booklet will be available in electronic format on the CEI website soon after the event at www.ceinet.org/SEF. 32 04_speakers_v4.qxp 06/11/2007 14.41 Page 33 biographies and abstracts OFFICIAL OPENING Sergei Stanishev Prime Minister Government of the Republic of Bulgaria where in 1988 he became an Associate Professor in Social Management. From 1989 until 1994 he held the post of Deputy Rector of the Varna University of Economics. In 1990 Mr Dimitrov became Head of the Higher School of Management with the Varna University of Economics. Mr Petar Dimitrov was member of the Parliament in the 37th, 38th, 39th and 40th National Assembly. Member of the Commissions on Education and Science, Economic Policy, Budget and Finance. Between 2005 and 2007 he was Chairman of the Parliamentary Commission on Budget and Finance of the 40th National Assembly, member of the Parliamentary Commission on Economic Policy. From the 18th of July 2007, Petar Dimitrov was nominated for Minister of Economy and Energy of the Republic of Bulgaria. Presentation Biography Petar Dimitrov Minister Ministry of Economy and Energy, Bulgaria Contacts tel. +359 2 940 75 30 fax +359 2 981 0980 e-mail : [email protected] Biography Mr Petar Dimitrov graduated from the Moscow Institute of Economics and Statistics and became Doctor of Economics of the Moscow Institute of Economics and Statistics. Mr Dimitrov specialized in Theory of Management, Moscow Institute of Economics and Statistics and carried out a specialization in Management, Nottingham Trent University, U.K. Mr Petar Dimitrov worked as Lecturer at the Varna University of Economics, Presentation of the priorities of the economic policy of the Bulgarian government and the perspectives for development. Political and financial stability – a key factor for socio-economic development. Presentation of the macroeconomic indicators and business climate environment – real GDP and financial stability. The ultimate goal is to enhance the competitiveness of the Bulgarian economy and to achieve stable and sustainable economic growth by promoting investments, towards clear positioning of Bulgaria on the competitive global market. Our competitive advantages include: political, financial and macroeconomic stability; favorable business environment; skilled labor; low business costs; belonging to the 500 million Single European Market, etc. The Bulgarian government highlights as a key point the development of small and medium-sized enterprises (SMEs). A major priority of the Bulgarian government is to improve the investment climate and attract increasingly higher amount and volume of foreign direct investments. Attracting strategic investors remains our main priority, as it is a key precondition for achieving high economic growth, modernizing production and ensuring employment. Harald Kreid Director General Central European Initiative, Executive Secretariat speakers and project promoters Competitiveness of the Bulgarian Economy Sergei Stanishev graduated in history from the Moscow State University with outstanding results in 1989. In 1994, he defended his Doctor’s thesis “The System of Career Development of State Dignitaries in Russia and Its Transformation in the Second Half of the 19th Century”. Sergei Stanishev specialized in international relations at the London School of Economics and Political Science, 1999-2000; specialized at the Moscow School for Political Studies. Journalist in 1994-1995 with many articles treating foreign policy issues, published in Bulgarian dailies and weeklies and in the foreign press. Appointed senior expert at the Foreign Policy and International Activities Department with the Bulgarian Socialist Party’s Supreme Council, 1995. Appointed head of the Department, 1996. Elected member of the Supreme Council and of the Executive Bureau of the BSP’s Supreme Council as secretary in charge of international activities, 2000. Chairman of the BSP Supreme Council, elected at the second session of the 44th Congress of the Bulgarian Socialist Party on 15 December 2001. In December, the Coalition for Bulgaria Parliamentary Group elected him its leader. Member of the PES Presidency since 2002. Under his chairmanship the BSP became a full member of the Socialist International in October 2003 and of the Party of European Socialists in May 2005.Elected by the 2nd Multi-seat Constituency of Bourgas to represent it at the 40th National Assembly, June 2005 parliamentary elections. Chairman of the Coalition for Bulgaria Parliamentary Group till 16 August 2005 when the Bulgarian Parliament elected him Prime Minister. Fluent in English and Russian; working knowledge of French and Polish. Contacts tel.+39 040 77 86 777 fax +39 040 360 640 e-mail: [email protected] Biography Ambassador Harald Kreid has been the Director General of the Central European Initiative Executive Secretariat since 2002. Among his tasks are the management of the organisation and the liaison to CEI structures, specifically to the Heads of Government, Ministers of Foreign Affairs and other high level meetings. Prior to his actual position, Ambassador Harald Kreid served as Head of the Permanent Representation of Austria to the UN and other International Organisations, as well as to WTO in Geneva (1996-2001). In this capacity, he chaired, among others, the UN Economic Commission for Europe and the Conference on Disarmament. During the Austrian accession negotiations to the EU, he acted as chief negotiator in the area of Agriculture. He held several positions within the Ministry of Foreign Affairs both abroad (Ambassador in Chile and Minister at the Austrian Embassy in Madrid) and in his home country, where he was responsible for Multilateral Economic, Social and Environmental issues. He completed his studies of history, political sciences and philosophy at the Universities of Vienna, Wesleyan (USA) and Nancy (France) between 1957 and 1962 and speaks English, French, Spanish, Italian and Croatian, in addition to his mother tongue. 33 04_speakers_v4.qxp 06/11/2007 14.41 Page 34 Christos Katsanis Richard Shearer Executive Director United Bulgarian Bank, Member of NBG Group, Bulgaria Chief Executive Officer vivatel, Bulgaria Contacts Contacts tel. +359 2 811 22 35 fax +359 2 980 98 90 e-mail : [email protected] tel. +359 2 94 94 648 fax +359 2 85 24 955 Biography speakers and project promoters Biography Mr. Christos Alexandros Katsanis is the executive director of United Bulgarian Bank. He was born in Athens, Greece and has the Greek nationality. He possesses Economics Degree from Athens University, DESS (Masters equivalent degree) from the Institut d’Administration des Enterprises, Paris, DEA (Masters equivalent degree) from Sorbonne University, Paris and Doctorate from Sorbonne University Paris, thesis “The international diversification of securities portfolio by European banks” (in French). In 1981 - 1982 he was a trainee in European Commission, DGXV (Banks Capital Markets). Since 1983 he occupies managing positions in Bank of Central Greece, Ionian Bank of Greece, Xiosbank, Global Finance and National bank of Greece in Athens, London and Sofia. He has been working at the current position - executive director of United Bulgarian Bank since February 2002. His main responsibilities are corporate banking, investment banking, risk management, international relations and synergies and economic research. Mr. Katsanis is the president of the Hellenic Business Council in Bulgaria and member of the following boards: Interlease Bulgaria, ETEBA Bulgaria, Bulgaria Economic Forum, Stopanska banka, Skopje (March 2000 - September 2002), United Bulgarian Bank, Bulgarian Banking Association (2003). He is fluent in Greek, Bulgarian, English, French, Spanish and Italian and has good knowledge of Russian and German. Gergana Mantarkova Managing Partner KPMG in Bulgaria Contacts tel. +359 2 9697 500 fax +359 2 9805 340 e-mail : [email protected] Biography Gergana Mantarkova is Managing Partner of KPMG in Bulgaria. Since 2006 her role has expanded to Managing Partner of KPMG in Albania, Kosovo and Macedonia. In this capacity she is responsible for setting the strategy and steering the development of KPMG in the above geographies. Mrs Mantarkova is also a member of the KPMG Central and Eastern Europe Partnership Board. Gergana Mantarkova leads the Corporate Finance and Transaction Services functions in KPMG in the Balkans. She has unrivalled experience in advising international and domestic clients in the whole process of acquisitions, disposals, financing and restructuring. Mrs Mantarkova has directed a wide range of advisory engagements for governments in the region. Gergana Mantarkova has been with KPMG in Bulgaria since its establishment, advising on issues facing clients in the evolving business environment in the country. In 1997 Mrs Mantarkova was appointed Partner in KPMG in Bulgaria, and in 2000 she became Managing Partner of the practice. Gergana Mantarkova was Chairperson of the Bulgarian Association of Management Consulting Organizations in the period 2001 - 2007, thus promoting the profession in the business community. She is currently a member of the Managing Board of the Association. Mrs Mantarkova holds an Executive MBA degree from the University of Bristol and Ecole Nationale des Ponts et Chaussees, Paris, as well as a master’s degree in Economics from the University of National and World Economy, Sofia. Richard Shearer has worked in the telecommunication sector for approximately 22 years. He started his career with Cable & Wireless, Great Britain, and later on he headed C&L’s International Telecoms Consulting Practice in USA. In 1997 he became CEO of DiGi in Malaysia (a company offering mobile, fixed, internet and data services). He was COO of the British branch of Deutsche Telekom - One 2 One (latter íMobile UK), as well as being a member of the board of directors of Virgin Mobile. Prior to BTC establishing vivatel, Shearer led private software company Em-power Interactive Group, which served operators such as Orange, TIM, Smart and Wind. George Tabakov Chairman Bulgaria Economic Forum, Bulgaria Contacts tel. +359 2 951 52 59 fax +359 2 953 29 24 e-mail : [email protected] Biography George Tabakov was born in Sofia, Bulgaria in 1968. He graduated from the French Language School in Sofia and the prestigious Moscow State Institute for International Relations with a Master’s Degree in International Economic relations. His successful professional career begins with the establishment of the Advertising Agency “Tabakov Advertising”. From 1997 to 1999 he passes through the whole hierarchical chain in the Ministry of Trade and Tourism. He starts as a Chief Expert in the Foreign Investment Department. From July 1998 to December 1999 he is Deputy Minister of Trade and Tourism with main responsibilities – foreign investment promotion, foreign trade regime, dual-use goods regime, foreign programs and foreign technical aid. As a Deputy Minister in 1999 he takes part in the establishment of the Stability Pact for Southeast Europe on behalf of the Republic of Bulgaria. Since 2000 George Tabakov is also an active participant in the OECD’ Investment Compact for South East Europe. In February 2000 he takes on the management of the Foreign Investment Agency and chairs it until mid 2001. From 1999 up to 2002 he is Chairman of the Board of Directors of Plovdiv International Fair, one of the biggest fairs and exhibitions in South East Europe. In 2001 he is elected as Chairman of Bulgaria Economic Forum (BEF), which he currently presides. Every year BEF organizes the annual South East Europe Economic Forum, which has turned to be one of the most prestigious events in the region. From 2004 George Tabakov is also a member of the Board of Directors of “Ecobulpack” JSCo – the leading national packaging waste recovery organization. He speaks English, French, Spanish and Russian languages. He is married, with one daughter. Guido Paolucci Programme Manager Secretariat for CEI Projects (CEI-PS) Contacts tel. +44 207 338 6152 fax +44 207 338 6538 e-mail: [email protected] 34 04_speakers_v4.qxp 06/11/2007 14.41 Page 35 Biography Biography Guido Paolucci is the Programme Manager of the Secretariat for CEI Projects (CEIPS). He heads the two CEI-PS offices located in Trieste and London (based within the Official Co-financing Unit of the EBRD). Among his current tasks are the management of the CEI Trust Fund at the EBRD and the organisation of the annual CEI Summit Economic Forum. Mr Paolucci’s expertise spans over 33 years in technical areas such as procurement and transport infrastructure with major International Financial Institutions (EBRD, IBRD, AfDB, etc.) and private firms in Central and Eastern Europe, Africa and Latin America. In all his postings, Mr Paolucci gained direct experience in managing all phases of a project cycle, i.e. from project identification and appraisal to implementation and monitoring. In particular, working as Area Manager and Director of Tenders Office for Railway International Consortium in 1983-1992, he acquired specific expertise in railway construction and rehabilitation in several countries of the world. Mr Paolucci is especially well-versed in procedures associated with FIDIC conditions of contract and procurement policies and rules of the major IFIs/IOs (WB, IADB, EBRD, AFDB, ADB, and EC) as well as any tender documents for works, goods, and services. In May 2005, Mr. Paolucci was appointed by the Italian Government as the Programme Manager of CEI Project Secretariat. Mr. Andrea Casini is a professional banker. He is responsible for the business divisions of the strongest Bulgarian bank UniCredit Bulbank, part of one of the biggest European banking institutions in Europe UniCredit Croup. Andrea Casini has a 20 year experience within the Group. He starts his professional career in UniCredit in 1987 as a manager of the Credito Italiano in Brescia. After that his career passes different positions and in 2001 he is Head of Corporate Banking in New Europe Division of UniCredit Group. From 2002 to 2005 he is Chief Operating Officer of UniCredit’ Banks in Slovakia and the Czech Republic. Andrea Casini is married with two children. 1.1 Focus on Bulgaria - Supporting Businesses, Growth and Reforms Consolidation Presentation Financial institutions: Backbone and engine of business and economic growth in Bulgaria Presentation topics in resume: - Major economic trends in Bulgaria and expectations till 2010 – FDI, GDP, inflation, unemployment, competitiveness, based on UniCredit Group Research - Role of the banking sector in Bulgaria – main projects and financing opportunities – Infrastructure, PPP, energy efficiency - The role of the banks in facilitating the EU funds utilization – European Competence Center Bojidar Danev Yavor Kuiumdjiev Contacts Contacts tel.+359 2 940 7604 fax. +359 2 987 5163 e-mail: [email protected] Biography Mr Yavor Kuiumdjiev graduated from the Technical University in Sofia, Bulgaria. In the period 08/2000 – 06/2001 Mr Kuiumdjiev studied at the Rochester Institute of Technology – US Business School in Prague, Czech Republic; Rochester, NY, USA and became Master of Business Administration. Between March 1993 and October 1996 Mr Kuiumdjiev was a Group Manager in Global Travel s.r.o. – a branch of Dutch incoming tourist agency, Prague, Czech Republic. In the period 07/2001 – 02/2003 he worked as Head of Affluent and Small Businesses Department, Komercni Banka a.s, member of Société Générale group in Prague. From February 2003 until September 2004 Mr Kuiumdjiev was Vice President International Sales in Skoda Praha a.s. – engineering company providing turn-key deliveries for Power Plants. In the period 10/2004 – 08/2005 he worked in Global Payments Inc. – global provider of solutions for electronic payments, Prague, Czech Republic, and was Advisor of the General Manager of Skoda JS a.s. – leading provider of engineering, services and equipment for Nuclear Power Plants. Since August 2005 Mr Kuiumdjiev is Director of the representation of Skoda JS a.s. in Sofia, Bulgaria. From February 2007 until October 2007 Mr Kuiumdjiev was Associate Director of A.T. Kearney - leading global management consultancy company for Central and Eastern Europe. From the 10th of October 2007, Mr Yavor Kuiumdjiev was nominated Deputy Minister of Economy and Energy of the Republic of Bulgaria Andrea Casini Chief Business Officer and Member of the Management Board UniCredit Bulbank, part of UniCredit Group, Bulgaria Contacts tel. +359 2 923 2841 fax +359 2 923 2844 e-mail : [email protected] tel. +359 2 98 00 303 fax +359 2 98 72 604 e-mail : [email protected] Biography Bojidar Danev is a President and Executive Chairman of the Bulgarian Industrial Association – Union of the Bulgarian Business (BIA). He governs the association’s activities and represents the organization before the state bodies, national and international institutions. His career started in the Institute of Cybernetics of the Bulgarian Academy of Sciences (BAS), where he attained an academic rank of a senior research associate. Mr. Danev has read lectures in Germany, Switzerland, Italy, USA, United Kingdom and other countries. He was appointed Vice Chairman on financial issues of the Central Cooperative Union in 1987. In this system, he implemented the politics of SMEs’ setting up, reformed the currency practice, and introduced market principles for the management of independent units. Bojidar Danev joined BIA as a Vice President in 1989, where he supervised the departments of Economic analysis, Privatization and investments, Industrial growth. He participated in the development and adoption of a normative base on privatization, and in the preparation and realisation of the privatization of a large number of enterprises and commercial sites. Bojidar Danev was a Manager of the Sofia Stock Exchange in the period 1991 -1997. He was elected Chairman of BIA in 1993. He has enrolled in the expansion of the social dialogue in the country. He actively works in the sphere of legal labour ties, reforms in the pension acts, joint negotiations, and etc. He was Vice President of the National Council of Tripartite Cooperation in 2004 and in 2006. Bojidar Danev turned to be the main engine in the establishment of the EU Bulgaria Joint Consultative Committee (JCC) and became a co-Chairman from the Bulgarian side in the period 1999 – 2004. In 2006 he was elected Vice President of the Economic and Social Council of the Republic of Bulgaria and of the National Council of Tripartite Cooperation; became a Member of the European Economic and Social Committee (EESC) and Head of the working group on the Lisbon Strategy with Bulgarian participation. He is also a Member of the high – level working group on the free movement of workers at EESC; Bojidar Danev is a Member of the Management Committee of the Bulgarian Academy of Sciences and Vice President of the New Bulgarian University’s Board. speakers and project promoters Chairman and Executive President Bulgarian Industrial Association – Union of the Bulgarian Business Bulgaria Deputy Minister Ministry of Economy and Energy Bulgaria 35 speakers and project promoters 04_speakers_v4.qxp 06/11/2007 14.41 Page 36 Presentation Contacts Simplification of Regulatory Framework (in line with Lisbon Agenda and EU Policy to Reduce Administrative Burdens by 25 per cent) tel. +359 2 93 35 264 fax +359 2 93 35 233 e-mail : [email protected] There are two levels of liberalisation and simplification of the regulatory framework: national and EU. The most recent review of regulatory regimes in Bulgaria, prepared by BIA in the first months of 2007, showed that from 70 examined 235 suggestions for simplification laws are drafted and amendments in 60 laws should be adopted. In 2004 was adopted a Law for restricting the administrative regulation and control on the economic activity. According to the formulations of the law: regulatory regime can be introduced only by a law; documents, included in the public register, are not required; introducing the tacit consent principle in single transactions and actions; the size of the charges in the administrative regulation must not exceed the costs for their implementation. One of the shortcomings of the law is that it is not working properly, because no practical rules for the implementation of the law were accepted, as well as the proper governmental body is appointed to control the follow up of law implementation. One of the most suitable and easy for implementation tasks for regulatory framework simplification on Bulgarian level is to set up a transparent and user friendly administrative register. The register should introduce the possibility of following-up the movement of the applications - an obligatory public registration of the applications filed for issuing an act under a certain regime, incl. the deadline fixed by the executive authority for the elimination of the irregularities in the documents presented, as well as for issuing the documents under the application. The register must specify explicitly the documents enlisted in the public registers, which should not be required from the applicant-persons for submission. The experience with the Better Regulation has shown that the regulations predominantly contain obsolete rules or that there is a potential to improve the implementation of the regulation. It is important to underline that the objective of simplification is to find better solutions and make the regulation more intelligent and not to deregulate. There are several measures and ways to simplify the legislation. One of the successful strategies could be to focus on recycling data and giving enterprises the opportunity to use electronic reporting without duplicating the information in paper reports or reporting the information twice for different use. It is important that the EU will prioritize the standardisation of their information requirements, thus more information can be used for different purposes at a time. The basic principle of simplification is to be sure that the regulation does not demand information from enterprises which are not relevant in relation to the regulation. There must be a limit of the administrative burdens from new regulation; otherwise the simplification can be offset by new burdens. Some practical measures in this context are as follows: - Harmonize the Nomenclatures in Intrastat, Extrastat and Prodcom; - Simplification of Employment Contracts; - A Common implementation of the Directive on VAT invoicing; - Introduction of a One-stop shop to File VAT Declarations; - Update the Directive and the Procedures concerning VAT refunds; - A New Common Consolidated Corporate Tax Base; - A more flexible procedure for establishing a Work Council or an information and hearing procedure; - Electronic Customs. In compliance with the Internal Market rules, the Commission should introduce common EU rules as a matter of urgency in the spheres of regulatory regimes, tax base, public and corporate procurements. EU has to force the creation of a Common EU Stock Market, taking into account the interests of the Stock Exchanges owners, in order to ensure the easy and less expensive access for the EU investors. The single market legislation should be introduced using the effective mechanism of regulations to ensure the transposition and implementation of the EU rules at the national level, in a transparent but technical matter, jumping over the national administrative culture. Number of regulations should scale up at the expense of directives. The EU Legislation should not be adapted to the national ones; it should be transposed without variations. The national legislations that are in non-conformity with the EU legislation should be changed. Michael Humphreys Ambassador, Head of Representation Representation of the European Commission in Bulgaria 36 Biography Ambassador Michael B. Humphreys is Head of Representation of the European Commission in Bulgaria since 1 January 2007. Before Bulgaria’s accession he was Head of Delegation of the European Commission in Sofia from 1 October 2006. Michael Humphreys holds an Honours Degree in Social Sciences (1966) from the National University of Ireland. Since 1971 he is a Fellow of the Institute of Chartered Accountants in England and Wales. Having joined the European Commission in 1984, Michael Humphreys has extensive experience in transition economies and in EU enlargement policy. He has served with the Commission in Ukraine from 1995 to 1997 and as Head of Delegation in Kazakhstan (1998-2001), Bosnia and Herzegovina (20022006) and, most recently, Bulgaria. Presentation Growth and Jobs - EU Structural and Cohesion Fund in Support of the Lisbon Strategy Stoyan Stalev Executive Director Invest Bulgaria Agency, Bulgaria Contacts tel. +359 2 98 55 505 fax +359 2 98 01 320 e-mail : [email protected] Biography Mr Stoyan Stalev graduated from the German Gymnasium ‘Nicola Gulubov’ in Sofia and then ‘St. Clement Ochridski’- PhD in Law and Masters in Law. He is the author of a few monographs in the field of law. Between 1981 and 1991, Stoyan Stalev was Senior scientific collaborator in the Institute of Law Science in Sofia, Bulgaria. From 1990 to 1991 he was Law Adviser of Zelio Zelev (President of Republic Bulgaria). Between 1991 and 1998 he was Ambassador of Republic Bulgaria in Bonn, Germany. In 1997 he was Minister of Foreign Affairs in the Interim government. From 1998 to 2006 Mr Stalev was Ambassador of Republic Bulgaria in Ankara, Turkey. Mr Stoyan Stalev was awarded with a Federal Cross medal and in present time is Member of board of the Diplomatic institute (Ministry of Foreign Affairs). Mr Stoyan Stalev has been Executive Director of Bulgaria Invest Agency (BAI) since 2006. Presentation Bulgaria - The Right Investment Location Bulgaria’s geographic proximity to the markets of the EU, EFTA, Russia Asia and the Middle East is an asset. Country’s stable political system and robust economic growth is a prerequisite for a strong FDI inflow. Manufacturing, Power Engineering, ICT and Tourism are sectors with proven expertise, various advantages and potential for further development. The emergence of the country as an ITO/BPO location also raise questions regarding the availability of talent and the quality of education. A more vast group of investors can now benefit from the funding opportunities existing under the new Investment Encouragement Law. Dieter Wahl Financial Director Miroglio Bulgaria EOOD, Miroglio Deutschland GmbH, Ulmia Stoffe GmbH, Bulgaria, Germany 06/11/2007 14.41 Page 37 Contacts tel. +359 7 25 68 102 fax +359 7 25 66 603 e-mail : [email protected] 1.2 Energy Infrastructure Galina Tosheva Biography Dieter Wahl was born on September 11th, 1964 in Ulm, (Germany). After gaining a Dipl.Betriebswirt (BA) he started working as a Financial director in several companies of the Miroglio Group. He has gained 20 years experience in IT systems, controlling, financial environment and project management, including project logistics for production line transfers, IT-projects to integrate the German seat into Miroglio’s infrastructure, distributing all products from Bulgarian products through Miroglio Germany in West Europe, as well as the integration of the Chinese daughter company into the group’s financial controlling system. Deputy Minister Ministry of Economy and Energy, Bulgaria Contacts tel. +359 2 98 82 773 / 92 63 134 e-mail : [email protected] Presentation Biography Miroglio’s investments in Bulgaria : history and actual situation Mrs Galina Tosheva graduated from German Language School and Technical University in Sofia, Industrial Management Engineer-Economist. Between 1998 and 2000 she was Member of Board of Directors, "Energoremont Varna" EAD and from 1997 until 2000 she was Expert at State Agency of Energy and Energy resources Financial Department. In 2000 was Member of Board of Directors, Electricity Distribution Company Stara Zagora. From 2000 until 2002 Mrs Tosheva was Head of Finance Department, Kozloduy Nuclear Power Plant. From 2002 until present day she has been Member of Board of Directors, "Mini Maritza Iztok" EAD. Between 2002 and October 2005 she was Head of Projects Department Projects, Structural Reform and State Participation Directorate Ministry of Energy and Energy Resources. From October 2005 until September 2006 she was Director of Energy Markets and Restructuring Directorate Ministry of Economy and Energy. From September 2006 Mrs Galina Tosheva was nominated for Deputy Minister of Economy and Energy. The Miroglio S.p.A. is one of the biggest textile companies in Europe. Eight years ago the owners decided to create new production companies in Bulgaria to substitute expensive Italian productions and also to increase to product offer. Miroglio became one of the main foreign investors in Bulgaria. There were three main seats: Elin Pelin (near Sofia), Sliven and Nova Zagora. In 2007 the group was divided in two parts, we represent still three plants with 800 employees. Actually we fight against three big problems: high turnover of workers what leads to quality problems; strongly increasing salaries what makes Bulgarian products less competitive and a lack of available workers to increase the production. Cormac Murphy Head of Division Bulgaria, Romania and Cyprus, South East Europe Department European Investment Bank (EIB) Presentation Contacts The Energy strategy of Bulgaria, approved by the National Assembly in 2002 is concentrated over the transition problems until 2007 in the energy sector. Many changes have been accomplished in the energy sector relevant to financial and commercial rearrangements of the companies. The new challenges in the sector resulting from the country’s integration with EU mainly are connected to: - Fulfillment of considerable in scale and urgent ecological engagements, mostly affecting coal industry; - An accelerated execution of already started investment projects relevant to energy supplies assurance; - Active work on creating and developing models and trade mechanisms after 2007 under the leadership of the State Energy and Water Regulatory Commission; Introduction of effective mechanisms for energy efficiency stimulation, energy saving and producing energy from Renewable energy Sources; - Investments drawing (not only by privatization) through creating clear and stable regulatory environment combined with gradually withdrawal of the state from the investment processes. The European development dynamics of the energy policy imposes renovation of the national view and strategy in the energy sector. The fundamental measures and actions enlisted in the Energy Strategy from 2002 are fulfilled and aimed at taking into account the new realities from the participation of our country in the regional and common energy market of the EU, the new priorities of the New energy strategy of Bulgaria are defined, namely: Guaranteeing of the energy supplies security; Insurance of the Bulgarian economy competitiveness; Sustainable development. tel. +352 43 79 71 25 e-mail: [email protected] Biography Mr. Murphy is the Head of Division, South East Europe Department of the European Investment Bank, with particular responsibility for the Bank’s operations in Bulgaria, Romania and Cyprus. Between 2002 and 2005, Mr. Murphy was Head of Division in the Bank’s Central Europe Department, responsible for operations in Hungary and Slovenia. Prior to this – between 1997 and 2002 – Mr. Murphy was Unit Head in the Bank’s Credit Risk Department, responsible for loan operations in the corporate sector and development of the Bank's risk management systems. Mr. Murphy joined the Bank in 1994 as Loan Officer and worked on loan operations in Slovakia. Before joining the EIB, Mr. Murphy held various positions in Treasury/Capital Markets, Corporate Banking and International Project Finance - in Ireland, Luxembourg, the UK and Canada. Mr. Murphy is an Irish national with a Bachelor's and Master's degree in Economics from Trinity College and University College Dublin and is married (Swedish) with three children. Presentation EIB and Financing of Bulgaria's Investment Needs The Bulgarian energy policy in the context of the European energy policy – challenges and opportunities speakers and project promoters 04_speakers_v4.qxp Marco Alverà Senior Vice President ENI SpA Gas & Power Division, Italy 37 04_speakers_v4.qxp 06/11/2007 14.41 Page 38 Contacts tel. +39 02 520 31103 fax +39 02 520 41354 e-mail : [email protected] Since January 1, 2007 he is a Member of the OMV Executive Board responsible for the Gas business. Presentation Nabucco Gas Pipeline Project Biography Marco Alverà has a degree in philosophy and economics from the London School of Economics and Political Science. From 1996 to 2000 he worked in the M&A and Private Equity departments of Goldman Sachs in London, New York and in Italy. From 2000 to 2002 he was vice president of Netesi SpA (Italy’s leading ASP operator) of which he was also the founder. From 2002 to 2004 he was director of Corporate Strategy at Enel SpA. From 2004 to 2005 he was chief financial officer at Wind Telecomunicazioni SpA where he oversaw the sale on behalf of Enel. From August 2005 to March 2006 he was assistant to the chief executive for special initiatives at Eni. In March 2006, he was appointed Director of Supply & Portfolio Development at Eni’s Gas & Power Division.In May 2007 he was also appointed Project Manager Russian Development. In August 2007 he was also appointed Project Manager South Stream Presentation Nabucco Gas pipeline will connect for the first time regions with huge gas reserves in the Caspian, Middle East and Egypt with Europe. With a total length of 3300 km, starting at the Turkish eastern border the pipeline will run through Bulgaria, Romania, Hungary, ending in Austria at the Central European Gas Hub in Baumgarten. This pipeline, which will connect two “old” EU-member states, two states which joined the EU in 2007 and one accession candidate, is unique in Europe. The shareholders of the Nabucco Gas Pipeline International GmbH (NIC), responsible for the development, the construction, and the marketing of the transport capacity, located in Vienna, are BOTAS, Bulgargaz Holding, Transgaz, MOL and OMV Gas International. Nabucco is one of Europe’s most important energy infrastructure projects, improving the gas supply situation for the countries along the route and for Europe as a whole. The main strategic goals are: Diversification of gas supply sources and routes Enhancement of liquidity of the gas market Meeting increasing gas demand. speakers and project promoters Increasing energy security in Europe? Key update on the planned South Stream Gas Pipeline project The expected demand/supply gap in European gas supplies is creating uncertainty. Such uncertainty is made worse by the fact that the exact amplitude of such gap is difficult to predict, due mainly to the unknown exact amount of European power that will be produced with fuels other than gas and to the uncertain pace of development of new, very expensive import projects. The projects currently on the European drawing board, either pipelines or LNG chains, if realized will have a substantial “on/off” impact on their market of destination. It is therefore important to develop projects having solid roots in supply, sustainable development strategies and sound business logic. Such projects, to be real winners, will inevitably need to involve our external gas producers, and will be the only “tools” to effectively reconcile our desire for increasing security of supply with theirs for security of demand. South Stream is an example of the kind of projects that a win/win cooperation with gas suppliers can foster. Mr Alverà’s presentation will highlight these concepts and some key features of the South Stream Project as available at this early stage. Werner Auli Member of the Executive Board of OMV Aktiengesellschaft Head of Gas, Austria Contacts tel. +43 1 275 00 Biography Werner Auli was born in 1960, is married and has two children. Auli graduated from the Technical University of Vienna and started his career in 1987 in OMV's department for company development and strategic control. In 1990 he became assistant to the Executive Board for the areas of chemicals and materials. In 1991 he became assistant to the Executive Board for the areas finance, controlling and chemicals. From 1993 to 2000 Werner Auli was Managing Director of AUSTRIA Mineralöl GmbH, responsible for finance and accounting, controlling, marketing, IT and HR. In 2000 he took over the management of the OMV Cogeneration GmbH and from 2001 to 2003, he additionally was responsible for the management of OMV Erdgas GmbH with the areas supply, marketing and distribution. From 2002 to 2004 Werner Auli was Managing Director of EconGas, a 50% subsidiary of OMV, where he was responsible for finance, supply & trading, marketing and foreign distribution. In 2004 he returned to the OMV Group, where he was chairman over and speaker of the Management Board of OMV Gas GmbH. On January 1, 2006 he became Head of OMV Gas International GmbH. 38 Charles Feinstein Energy Sector Manager Europe and Central Asia Region, Sustainable Development Department, The World Bank, United States Contacts tel. +1 202 47 32 896 fax +1 202 52 22 016 e-mail : [email protected] Biography Charles Feinstein is presently Sector Manager for Energy operations in the World Bank’s Europe and Central Asia Region. As such he is responsible for overseeing the energy lending and advisory program in 28 countries comprising over 60 projects with a loan value of approximately $3 billion. Prior to his appointment in the ECA Region, he was Lead Energy Specialist in the World Bank’s Latin America and the Caribbean Region. Mr. Feinstein’s work builds on his earlier service as a renewable energy specialist, and his role as co-author of the World Bank’s Environmental Strategy for the Energy Sector strategy paper (“Fuel for Thought”). Through the 1990’s, Mr. Feinstein was Team Leader for Climate Change in the World Bank’s Environment Department. In this position he was responsible for overseeing the development of the World Bank/Global Environment Facility climate change project portfolio, currently valued at over $1 billion in grant and concessional finance, and for advising on World Bank policies related to climate change. Mr. Feinstein has also been instrumental in fostering new public-private partnerships for climate change mitigation, such as the early practical demonstration of market-based systems for greenhouse emissions abatement in collaboration with the Government of Norway. Mr. Feinstein is trained in electrical engineering and resource and environmental economics. His professional background also includes international development service with the U.S. Government and research assignments on energy and environmental issues at the East-West Center. Presentation SEE (Security, Environment and Economic Growth ) in SEE: A World Bank Energy Sector Perspective Energy Sector Policies and investment patterns in Southeast Europe are increasingly driven by the triple challenge of meeting aspirations for energy security, environmental sustainability and economic growth. This agenda has been notably advanced by the April announcement of the new EU energy policy framework, and the sharpening of the on-going debate on sector organization and structure. The presentation by Charles Feinstein, World Bank Energy Sector Manager for 04_speakers_v4.qxp 06/11/2007 14.42 Page 39 Europe and Central Asia, will illustrate how countries in Southeast Europe are addressing their challenge with the help of World Bank advice and investments. Georgios Giaouris The three biggest tasks ahead of the sector - energy security, environmental sustainability and economic growth require a structured debate. In his presentation Alistair McLeish Founder and CEO of Mmd Corporate, Public Affairs & Public Relations Consultants will speak about the role of transparency in the sector. Principal Banker, Power and Energy EBRD Mardik Rupen Papazyan Executive Director NEK EAD, Bulgaria Contacts Biography Georgios (George) Giaouris is a Principal Banker within the Power end Energy Utilities team of EBRD. He is currently country co-ordinator for EBRD’s Power sector financing in Bulgaria, Albania and Slovakia, responsible for marketing and origination and energy policy dialogue with Governments. George has over 10 years of banking experience focusing in the power sector and project financing with major International Financial Institutions like EBRD, Barclays Capital, Commonwealth Development Corporation - former CDC, focusing in Central and Eastern Europe, Africa and Middle East. In particular, working as Operation Leader for EBRD, George was involved in the successful financing of the Maritza East 1 Power Plant which was awarded Power Deal of the Year for 2005. George was also responsible for closing a number of recent debt and equity transactions in the South Eastern Europe with EBRD. Contacts tel. +359 2 92 63 636 fax +359 2 98 01 243 e-mail : [email protected] Biography Mr. Mardik Papazyan was born on 20 June 1948, Plovdiv, Bulgaria. At present he is Executive Director of NEK EAD, Bulgaria. He graduated from the Moscow Power Engineering Institute, majored in Power Systems Cybernetics, and the Technical University in Sofia, Bulgaria. Mr. Papazyan career began in 1973 when he was appointed Technical Supervisor at NPP Kozloduy. In 1985 he was Deputy Manager and General Manager of the Plovdiv Power Supply Enterprise. Over the period 1992 2001 he was Managing Partner at engineering companies active in the energy field such as – FRODEXIM LTD, TRAFOSERVIZ JSC. 2001 – 2005, he was Board Member and Manager of ELCABEL KO – M LTD. Presentation Alistair McLeish T he Electric Power Infrastructure in Bulgaria and Prospects for its Development Founder and CEO Mmd Group, Public Affairs & Public Relations Consultants, United Kingdom Vladimir Vasilchenkov Deputy General Director “National Power Control Centre” Belarus Energy System, Belarus Contacts tel. +41 218 260 780 fax +41 218 260 781 e-mail : [email protected] Contacts Biography Biography Alistair McLeish is a globally-renowned advisor both at C-suite business level and to governments. He has a unique experience in developing major, full-service, global campaigns encompassing all elements of the corporate affairs and government relations activity. In 1985 he founded the Mmd Group which is currently the leading corporate, public affairs and public relations consultancy across Central and Eastern Europe, South East Europe and Eurasia. Mmd operates a global strategic consultancy, crafting and delivering pan-European and global corporate and public affairs campaigns with focuses on Washington DC, New York, London and Brussels. In growing the Mmd network, Alistair pioneered a matrix management approach in the region by combining international communications and management expertise and best practice with the best of local talent and social, political, economic & cultural understanding for best supporting corporate, lobbying and public affairs campaigns in various sectors. Alistair McLeish has an extensive experience in corporate affairs projects in the energy sector. e-mail : [email protected] Vladimir Vasilchenkov is Deputy General Director of the “National Power Control Centre” (RUP “ODU”) Belarus energy system. His responsibility is economy and international relations. Mr Vasilchenkov expertise span 30 years in technical areas such as construction and servicing power stations, procurement with Government and International Financial Institutions (EBRD, IBRD) and private firms in Belarus, Asia and Africa. In all his postings Mr. Vasilchenkov gained direct experience in managing all phases of project cycle, i.e. from project identification and appraisal to implementation and monitoring. In particular, working as Deputy Head Project Management Unit for Orsha (Belarus) Gas Combined Cycle power station. Project was financed by EBRD in 1993-1998 he acquired experience in using specific contemporary technology for production electricity and heat. In 2004-2005 Mr.Vasilchenkov was working as Executive Director of the investment bank “Belrosbank” dealing with financing projects in energy sector and industry. Presentation Presentation Belarus energy sector development for increasing energy security Guaranteeing and communicating transparency for major energy projects Structure Ministry of Energy Republic of Belarus is introduced in presentation. To obtain an understanding of the key issues that Belarus faces with regard to its energy sector, it is instructive to look at an analysis of the sector s strengths, weaknesses, opportunities, and threats (SWOT). Strengths: Location as a transit country; Geographical proximity to its primary The on-going debate around the energy sector organization has sharpened and communication is playing key role both in terms of major energy projects throughout the region and in the countries’ approach to their challenges. speakers and project promoters tel. +359 2 93 21 417 fax +359 2 93 21 441 e-mail : [email protected] 39 04_speakers_v4.qxp 06/11/2007 14.42 Page 40 energy supplier; Extensive wood resources; Established electricity network; Established gas transmission network; Export refining capacity. Weaknesses: Limited indigenous energy resources; High dependence on imported energy; Very heavy dependence from one a supplier of primary energy; Aging physical infrastructure; Limited oil and gas storage; A weak legislative and regulatory framework. Opportunities: Increased production of domestic resources (primarily wood); Diversification of energy supply sources; Expanded transit activities and increased transit revenues; Increased security of domestic supply as a result of expanded storage facilities. Threats: Higher energy import costs; Further deterioration of the domestic infrastructure. To date, the sector has successfully built on its strengths and somewhat minimized its weaknesses and threats, and as a result has been able to provide reliable and affordable energy to the economy. Some ways to overcome the weaknesses is shown in presentation. First of all it is using local fuel, put in operation new efficiently equipment (mainly Gas and Steam Combined Units), restore and new construction of the hydro power plants. Some perspectives will be open for the Belarus energy sector after endorsement Annex B of the Kyoto Protocol (KP). Belarus is taking appropriate steps on the institutional and regulatory front to meet its obligations under the KP and to be able to engage in the Kyoto mechanisms. Biography Mr Dimcho Mihalevski has a master’s degree in Political Management from New Bulgarian University and a master’s degree in Industrial and Civic Construction from the University of Architecture, Civil Engineering and Geodesy. In 1993 Mr. Mihalevski received a postgraduate qualification in Human Resources Management from the University of National and World Economy, and in 2002 he further received a qualification in Good Practices in Local Government from New Bulgarian University. Dimcho Mihalevski started his professional career in 1990 with the House-Building Company in Kardzhali as Head of workshop. In 1992, Mr Mihalevski became a deputy director of the Construction and Construction Services Plant in Kardzhali. In 1994, he became the Executive Director of “Koveg”, Kardzhali, and in 1998 he took the position of a Director of “Bulgar Product” Ltd. Mr Mihalevski was elected a Deputy Mayor of the Kardzhali Municipality in 2000 and he held that post until 2003. In 2004, Mr Mihalevski continued his professional career in 2004 as an Executive Director of “CD Lighting” AD. For the same period of time, until his election as a Deputy Minister of Regional Development and Public Works, Mr Mihalevski was a coordinator in the Regional Policy Department of the Bulgarian Socialist Party Supreme Council. Presentation Project for Development of Municipal Infrastructure Enrico Viale speakers and project promoters Country Manager South East Europe Enel SpA, Bulgaria Contacts tel. +359 2 81 02 323 fax +359 2 98 11 199 e-mail : [email protected] Biography Enrico Viale works for Enel SpA in Sofia since 2003, where he has served as a Chief Executive Officer at Enel Maritza East 3 and as a Country Manager South East Europe. A graduate in civil engineering, Enrico Viale continued his studies in the United States, earning at first a master's degree in management at the University of Santa Clara and later he completed the executive management program at Sloan School of Business. Enrico Viale began his career by working in the Project Finance Department of GIE Spa, Milan. In 1989 he joined Ansaldo Energia Spa, Milan as Head of Project Finance, and in 1994 he was appointed Finance Director. In 1995 he joined Mediocredito Centrale Spa, Rome, where he was a Head of Export Finance. From 1995 till 1998 he worked for ABB Structured Finance in Milan as a Managing Director, and from 1998 till 2003 he served as a Senior Vice President at ABB Structured Finance in Zurich. Presentation Energy balance, Capacity Increase and Investments in South East Europe 1.3 The World Bank Group: Mobilising Resources for the Future 40 In February 2006, the Government of the Republic of Bulgaria and the Director of the International Bank for Reconstruction and Development (World Bank) signed a Memorandum of understanding for the implementation of infrastructure projects, and more specifically “Project for Development of Municipal Infrastructure”. The project objective is to improve the quality of water and wastewater services and to prepare projects for financing by the European Union funds. The specific objectives of the project are: 1. Improvement of water-supply services and the quality of drinking water for the population by means of: Rehabilitation of water-supply systems – change of water-conduits, pumps and other facilities; Completion of water sources (dams) and the adjacent infrastructure, Drinking water treatment plant, conductive water-conduits and reservoirs. 2. Contribution to economy of resources of national significance (such as water and electricity). The loan borrowing proposal from the International Bank for Reconstruction and Development was approved by the Council of Ministers (Decision No 574 of 31st July 2006) and the Project was listed for funding by a state loan, amounting to EUR 88 280 000 (81%), from the World Bank. The monthly financing from the state budget and water companies amounting to EUR 21 400 000 (19%) is added. The overall project budget is EUR 109 680 000 allocated for consulting services (EUR 12 900 000) and construction works (EUR 96 700 000). The project consists of the following components: 1. Preparation of development of municipal infrastructure projects, which will be funded via the operational programmes and actualization of the spatial plans of the Black Sea municipalities; 2. Rehabilitation and expansion of the water infrastructure in 6 regional water companies in the cities of Dobrich, Razgrad, Sliven, Smolyan, Stara Zagora and Targovishte; 3. Completion and rehabilitation of dams and wastewater treatment plants. According to this component, the completion of the following dams is envisaged: “Neykovtsi” for the city of Tryavna, “Plovdivtsi” for the cities of Madan and Rudozem, “Luda Yana” for the city of Panagyurishte, and the reconstruction of “Studena” for the city of Pernik. The completion of the wastewater treatment plants adjacent to the above mentioned dams is also included. The benefits expected from the projects are: Elimination of an all-year water regime in Stara Zagora – 243 000 citizens; Elimination of a seasonal water regime in built-up areas – 163 000 citizens; Improvement of the quality of drinking water – 96 500 citizens; Electricity production – 14 million kWh/ per annum; Economy of water resources via loss reduction - 9.4 million m3 /per annum. Dimcho Mihalevski Arup Banerji Deputy Minister Ministry of Regional Development and Public Works, Bulgaria Manager, Human Development Economics, Europe and Central Asia The World Bank, United States Contacts Contacts tel. +359 2 9405 430 fax +359 2 987 25 17 e-mail : [email protected] tel. +1 202 473 6072 fax +1 202 477 0574 e-mail : [email protected] 06/11/2007 14.42 Page 41 Biography Biography Arup Banerji is Manager for Human Development Economics as well as the Lead Economist for Human Development for Europe and Central Asia at the World Bank. In his career at the World Bank, he has worked on both research and operations in Eastern Europe, Central Asia, Africa and the Middle East – on a variety of issues relating to governance, employment, institutions, public sector reform, social sector reforms, poverty reduction and economic growth strategies. He is a principal author of books including the recent From Red to Gray on Aging Populations in Eastern Europe and the former Soviet Union, Enhancing Job Opportunities in Eastern Europe and the former Soviet Union, the World Development Report 2002 on the role of institutions in development, Better Governance for Development in the Middle East and North Africa, World Development Report 1995 on labor markets, and numerous other refereed journal articles and discussion papers. Prior to joining the World Bank, Dr. Banerji taught at the Center for Development Economics at Williams College, Massachusetts, where he was the Dean of Graduate Studies, and at the University of Pennsylvania. Dr. Banerji holds a Ph.D. and a Master's degree in Economics from the University of Pennsylvania. Since July 2007, Sandra Bloemenkamp has been appointed as World Bank Special Representative for Southeast Europe and as co-manager of Joint European Commission-World Bank Office for Southeast Europe, based in Brussels. Among the tasks of this office are donor coordination in candidate and potential candidate countries through the IFI Advisory Group, organization of donor conferences for the reconstruction of the Western Balkans region, and policy coordination between the World Bank and the European Commission. In her career at the World Bank, Ms Bloemenkamp has worked on a number of countries in Central and Eastern Europe. She joined the World Bank Group in 1991 to assist the Executive Director for Armenia, Bulgaria, BiH, Croatia, Cyprus, fYR Macedonia, Georgia, Israel, Moldova, the Netherlands, Romania, and Ukraine. In 1993, Ms Bloemenkamp joined the Bank’s operational staff as Country Officer for Ukraine. She managed the first loan of the Bank to Ukraine and worked extensively on projects and analytical work to support economic development in Ukraine. Between 1997 and 2003, she worked as Senior Public Sector Management Specialist in Albania. She was also Team Leader for the Legal Reform Project in Kazakhstan and managed the preparation of a Public Finance Management Project for the Slovak Republic. In 2003, she was appointed the World Bank Country Manager for Macedonia, based in Skopje, in charge of the policy dialogue, strategy and program implementation. She led the World Bank’s Country team working on the country and guided the drafting of the new World Bank Group Country Partnership Strategy for 2007-2010. Prior to joining the Bank, Ms. Bloemenkamp worked at the Ministry of Finance in the Netherlands, as a financial sector advisor, working on national legislation and European Directives related to the financial and corporate sector. Ms. Bloemenkamp holds Master of Law degree of the Catholic University of Nijmegen, The Netherlands. Presentation From Red to Gray – Developing human resources in the context of rapidly aging populations in Eastern Europe In 2025, more than one in five Bulgarians will be more than 65 years old — up from just 13% in 1990. Ukraine’s population will shrink by a fifth between the years 2000 and 2025. And the average Slovene will be 47.4 years old in 2025 — among the oldest in the world. Populations have been aging quite rapidly in many countries; yet the unique conjunction of rapidly aging and relatively poor populations exists only in transition countries. Indeed, because of this demographic “third transition” that is following the political and economic transitions, the only countries in the world with population declines of more than 5,000 people between 2000 and 2005 were 16 countries in Eastern Europe and the former Soviet Union — led by Russia, Ukraine, Romania, Belarus, and Bulgaria. No aging country is as poor as Georgia — set to lose 800,000 people over the next two decades. And no other countries in the world face the dual challenges of a rapidly aging population and an incomplete transition to mature market institutions to deal with the adverse economic consequences of aging. The economic impact of aging will be felt most through the rising proportion of the elderly — those aged 65 and older. The old-age shares will increase beyond 15% in 2025 in all but seven transition economies and Turkey. But will the changing demographics in the region mean a halt to economic growth, because older populations have shrinking labor forces and save less, with negative consequences for investment and capital accumulation? And how about government expenditures? Is it valid to be concerned that aging populations in ECA countries will exert new pressures on public spending, especially for pensions and health care, as older populations require greater transfers from the decreasing numbers of working age, and have significantly higher needs for health care and long-term care? The presentation will use findings from a recent World Bank research study, From Red to Gray, to explore these issues and the consequences for changes that need to be made in government policies in Eastern Europe and the former Soviet Union – on issues ranging from labor markets to pensions, and from health care and long-term care to education and lifelong learning. It will point out that the needs for reform on the issues are very different for different countries in Eastern Europe and Central Asia. They depend on each country’s individual aging profile and on the reform paths and timing that the countries choose in the decades ahead. The challenge is to be proactive in undertaking the particular reforms that are essential for meeting the shocks caused by aging populations. Sandra Bloemenkamp Special Representative for South East Europe World Bank Contacts tel. +32 2 504 09 95 e-mail: [email protected] Angelo Dell’Atti General Manager, Private Enterprise Partnership, Southeast Europe Infrastructure International Finance Corporation Contacts tel. +359 2 9697 292 fax +359 2 9697 222 e-mail : [email protected] Biography Angelo is the General Manager of the IFC’s Private Enterprise Partnership Southeast Europe Infrastructure (PEP SE Infrastructure) which provides advisory services for the structuring and implementation of Public-Private Partnerships (PPPs) in all infrastructure sub-sectors. Angelo is also the Team Leader in the global Advisory Department of IFC’s with responsibility for Central and Eastern Europe. He has extensive experience in the marketing, structuring and implementation of PPPs, privatization and financing of infrastructure projects and has undertaken several roles in more than 30 projects in over 25 countries, in transition economies, the Americas, Africa, Europe and Asia. He has direct experience in municipal services, transport, energy and telecommunications infrastructure. Before joining IFC in 2002, Angelo was a director at the Suez-Lyonnaise des Eaux group, where he was responsible for international finance. Inter alia, he organized and closed the financial structuring for the first privatization in the water sector in Italy for a region comprising 37 cities. He has structured and negotiated an investment fund for the projects of the Suez Lyonnaise des Eaux group in Latin America, ensuring the participation of key international equity investors. Before working in the private sector, Angelo was a Principal Banker for the European Bank for Reconstruction and Development (EBRD) where he participated in the financing of several infrastructure projects the telecommunications, transport and municipal services sectors in countries such as Albania, Byelorussia, Macedonia, Poland, Rumania, Slovenia and Ukraine. Angelo started his career at J.P. Morgan in international capital markets in the issue and distribution of debt- and capital-financing instruments. He graduated in Business Administration at the Universitá L. Bocconi in Milan and holds a Master in European Economy from the Université Libre de Bruxelles. speakers and project promoters 04_speakers_v4.qxp Presentation PPPs and Resources Mobilisation 41 04_speakers_v4.qxp 06/11/2007 14.42 Page 42 Florian Fichtl Representative The World Bank, Bulgaria rigidities need to be tackled to facilitate faster and sustainable growth and enable these countries to emerge from the “middle-income trap” that has limited all too many countries from progressing further. The presentation focuses on the need to facilitate the accumulation of human capital, starting with a determined effort to revamp education policies and spending. These efforts need to be supplemented by further reforms of the investment climate, including by strengthening competition in key product markets such as for telecommunications services, and by pre-empting the emergence of energy shortages. Contacts tel. +359 2 969 7213 fax +359 2 971 2045 e-mail : [email protected] Marco Mantovanelli Country Manager for Bosnia and Herzegovina World Bank Biography speakers and project promoters Florian Fichtl currently holds the position of Country Manager, World Bank Office Sofia, Bulgaria He joined the Bank in 1994 in the Western Africa Department, Populations and Human Resources Division, working on education and social protection projects. As Senior Social Protection Specialist, he guided Bank support to countries emerging out of conflict, including Democratic Republic of Congo, Ethiopia, Liberia and Sierra Leone. While working on Sierra Leone and Ethiopia, Florian Fichtl spearheaded new financing and coordination mechanisms to facilitate the support of the Bank and international community to critical demobilization and reintegration programs. In April 2003, Florian Fichtl was appointed Country Manager for Eritrea with residence in Asmara, guiding the Bank’s assistance strategy with a strong emphasis on health, education, infrastructure and rural development; and focusing the policy dialogue on fiscal transparency and macro-economic stability. Florian Fichtl holds graduate degrees in Economics from Columbia University, New York, and Sociology from the Free University of Berlin, Germany. Presentation Regional and strategic challenges - Bulgaria as a case study of engagement with an EU member state Ivailo Izvorski Senior Economist World Bank Contacts e-mail : [email protected] tel. +387 3 32 51 501 fax +387 3 34 40 108 e-mail : [email protected] Biography Mr. Marco Mantovanelli is the Country Manager of the World Bank Office in Bosnia and Herzegovina. He assumed the current position in July 2007. Mr. Mantovanelli, an Italian national, joined the World Bank in 1993, where he has held various managerial and technical positions. Following a period as a senior advisor to the Vice President for External Relations, he was, until June 2007, the Head for External Relations of the Africa region of the World Bank, coordinating staff in Washington and 32 Country Offices in Africa in their engagement with the full range of Bank constituents, including media, civil society and donor patters. During 2000-2004 he represented the World Bank and led the offices in the Dominican Republic, during a period marked by several policy reversals and uncertainties following a devastating financial crisis, and Haiti, a turbulent time culminating in the ousting of President Aristide. Prior to that assignment and as Task Team Leader of human development projects, he specialized in supporting the delivery of education services at a decentralized level and on fostering schooling opportunities in rural areas of Latin America and the Caribbean region. Before joining the World Bank Mr. Mantovanelli worked as an economic research consultant with several Italian and US-based firms. He holds a Masters Degree in International Economics from Johns Hopkins University and one in Political Science and International Relations from Bologna University. Biography Presentation Ivailo Izvorski is a Senior Economist with the World Bank. He is currently working on Bosnia and Herzegovina and Macedonia. Prior to joining the World Bank in 2005, Mr. Izvorski was with the Institute of International Finance in Washington DC and with the IMF, and worked on a number of countries in central and eastern Europe, including Bulgaria, the Czech Republic, Kazakhstan, Hungary, Poland, and the Baltic states. He holds a Ph.D. in Economics from Yale University in the U.S. The World Bank’s strategic goals and areas of activity for the region Presentation Avoiding the middle-income trap: integration and growth in the Western Balkans The last decade, and the last five years in particular, have been relatively good for the countries of the Western Balkans. Growth has been robust throughout the region, accelerating of late, as recovery from conflicts and disturbances has borne fruit and as EU integration has been advanced. The countries of the Western Balkans now need to improve on past growth performance amidst growing concerns about its sustainability. With living standards still low and pockets of poverty present throughout the region, growth in output, exports and employment needs to be accelerated. The factors that supported growth of late are unlikely to drive it much further, however. Existing partially reformed education systems, for example, are under pressure, as companies are constrained by lack of qualified workers. Much of the trade preferences enjoyed by these countries have been eroded, moreover, and China looms increasingly large in regional markets for both low-skilled and skill-intensive products. Exports have been growing, but they trail most other countries of emerging Europe relative to GDP. Going forward, key 42 Contacts The last decade of the 20th century witnessed a process of change - commonly known as 'transition' - that transformed the countries of Central and Eastern Europe and the former Soviet Union. These countries, ranging from middle to low-income countries, comprise the World Bank's Europe and Central Asia (ECA) region. The World Bank has worked with these countries from the earliest phases of transition to the present to improve the living standards of their people, promote economic growth, and ensure that future generations benefit from sound environmental practices and social development. Countries in ECA have achieved notable successes. For example, 41 million people (about 10 percent of population) was lifted out of poverty between 1998 and 2003. But, this strategically important region is still volatile and vulnerable: 61 million remain poor; 150 million economically vulnerable. Other vulnerabilities include macroeconomic imbalances, spatial allocation of resources, demography, weak institutions and infrastructure, unfinished reforms, environment, and persistent unemployment, particularly among the youth. The Bank continues to focus on these key development issues and remains one of the “partners of choice”, even in advanced Middle Income Countries. The challenge for the institution is to respond to sophisticated clients with an increasingly nimble and flexible approach and adapt the World Bank Group service mix to different country circumstances. 04_speakers_v4.qxp 06/11/2007 14.42 Page 43 1.4 Technical Assistance Needs in the Region Lyubomir Datzov covering all EU-EBRD cooperation in the European Neighborhood area and the multilateral Western Balkans Fund. He worked previously at the World Bank Group in Washington DC and at Deutsche Bank in New York. He has a Master’s Degree in International Relations from the School of Advanced International Studies at Johns Hopkins University, USA. Presentation Deputy Minister Ministry of Finance, Bulgaria EBRD’s Technical Cooperation Programme in South East Europe The EBRD and its donors have been active for many years in South Eastern Europe. Apart from providing financing for projects in sectors such as municipal services, transport, energy, micro lending, banking many projects continue to receive technical assistance to transfer know-how and ensure local capacity building. tel. +359 2 98 592 022 e-mail : [email protected] Anthony O’Sullivan Head Investment Compact for South East Europe, Organisation for Economic Co-operation and Development (OECD) Biography Mr Lyubomir Datzov graduated from the Vocational School in Mechanics, Vratza, Bulgaria in 1988 and University of National and World Economy, Sofia, Bulgaria Master’s Degree, Major: Economic Systems Planning and Forecasting in 1992. Between 1992 and 1995, Lyubomir Datzov was Specialist in Budget Policy Department, Ministry of Finance. From 1995 until 1997 he was expert in the same department. From 1997 until 2000 was head of Macroeconomic Analyses and Budget Policy Department in Budget General Department. Between 2000 and 2001 he was Head of Budget Policy Department in Budget and Treasury Directorate. From 2001 until 2003 was Bulgaria Fiscal Advisor to the Minister of Finance. Mr Datzov has additional qualifications and courses in “Introductory course of economics”, Moscow, World Bank, IMF; ”Applied economic policy”, Vienna, JVI; “Macroeconomic Policies”, Zagreb, World Bank and EU; “Macroeconomic Policies”, Tokyo, JICA and “Budget Impact on the Economy Growth”, Vienna, JVI. Mr Lyubomir Datzov has been Bulgaria Deputy Minister of Finance since 2003 Presentation The transition in Bulgaria – status and challenges Gary Bond Director Official Co-financing Unit, EBRD Contacts tel. +33 1 4524 7637 fax +33 1 4524 9335 e-mail: [email protected] Biography Anthony O’Sullivan is the Head of the Investment Compact for South East Europe. The Investment Compact, under the Stability Pact for South Eastern Europe (Working Table II on Economic Reconstruction, Development and Cooperation) and the OECD (Directorate for Financial and Enterprise Affairs) is a leading programme designed to improve the investment climate and encourage private sector development in South East Europe (SEE). Head office is located in Paris, France with regional offices in Bucharest, Romania and Belgrade, Serbia and Montenegro. ( HYPERLINK "http://www.investmentcompact.org" www.investmentcompact.org). Mr O’Sullivan has a background as a strategy consultant with the firms Accenture, Monitor Company and A.T. Kearney. His academic credentials include a first class Honours Degree in Economics at McGill University and a Masters in Development Economics at the LSE in London. Presentation Technical Assistance Priorities in SEE to improve the business climate Contacts Henry Russell tel. +44 207 338 6205 fax +44 207 338 6538 e-mail : [email protected] speakers and project promoters Contacts Deputy Director, Municipal and Environmental Infrastructure EBRD Biography Gary Bond is Director of Official Co-financing at EBRD. From 1996 to 2000 he was Manager of Technical Assistance and Trust Funds at the International Finance Corporation in Washington DC. Previously he worked in IFC investment activities in the Asia region and has worked as a consultant to the World Bank. Engin Göksu Senior Manager Official Co-financing Unit, EBRD Contacts e-mai l: [email protected] Biography Engin Göksu, a Turkish citizen, is currently a Senior Manager in the Official Cofinancing Unit at the European Bank for Reconstruction and Development (EBRD). He is responsible for the overall relationship of donors such as the Netherlands, Spain, Sweden, Finland, Austria and Germany. In addition, he is Contacts tel. +44 2 07 33 87 825 fax +44 2 07 33 86 964 e-mail : [email protected] Biography Henry Russell is the Deputy Director for Municipal & Environmental Infrastructure, EBRD a position he has held since May 2003 in this position he is responsible for managing and developing business in the water supply, urban transport, and solid waste management sectors within South Eastern Europe with an emphasis on sub-sovereign municipal and utility risk. He is also responsible for portfolio management and implementation of the team's entire portfolio of Euro 1.6 billion covering more than 100 active projects. Mr Russell’s investment expertise spans over 20 years within Eastern Europe and Asia including project finance, loan and equity investments in private joint venture and domestic companies and public and municipal infrastructure. Mr Russell’s experience within the European Bank itself spans over 15 years in which time he has held positions of Director of Serbia and 43 04_speakers_v4.qxp 06/11/2007 14.42 Page 44 Montenegro within the SEEC group, Director of Western Balkans (SEEC) and Head of the Romanian Resident Office. Mr Russell holds an MSc in Economics from the London School Economics a BA in Economics and Political Science from Yale University. Presentation Case studies from MEI projects - where TC has been crucial Eivind Tandberg Public Financial Management Advisor for South East Europe International Monetary Fund, Slovenia Contacts tel. +386 1 36 96 186 fax +386 1 36 96 244 e-mail : [email protected] speakers and project promoters Biography Eivind Tandberg is the International Monetary Fund’s regional public financial management advisor for South East Europe. He provides advice to Albania, Bosnia & Herzegovina, Bulgaria, Croatia, UNMIK Kosovo, FYR Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia. Mr. Tandberg is located at the Center of Excellence in Finance in Ljubljana, Slovenia, and is appointed for a period of three years, starting from September 2005. Mr. Tandberg was a Deputy Division Chief in the Fiscal Affairs Department of the IMF for several years. He has provided technical assistance and strategic advice to more than 50 countries in different parts of the world, including many transition and emerging economies in Europe, Asia and Latin America. Prior to joining the IMF, Mr. Tandberg was a Unit Chief in the World Bank and a Deputy Director General in the Norwegian Ministry of Finance. Presentation Public Financial Management Reform Priorities for South East European Countries The IMF and other institutions have provided extensive support to public finance and governance reforms in South East Europe over the last 15 years. This has provided crucial support for broader economic and political reforms, and all the countries in the region have made significant advances in their transition to market economies. Slovenia became a EU member in 2004, Bulgaria and Romania in 2007, and several other SEE countries are actively pursuing membership. For all the countries, consolidation of ongoing reforms and further improvements in public finance and governance will be important for realizing key economic and political goals. However, progress has been uneven in different reform areas. In some important areas, most of the countries have made significant steps towards good international practices. In other areas, progress is more mixed, and some the reforms have proved to be very difficult for all the countries in the region. This presentation will discuss possible systemic bottlenecks to the introduction of advanced public finance and governance systems in the SEE countries and propose measures to overcome these obstacles. Further technical assistance will play an important role in this regard. The presentation will aim to identify specific needs for technical assistance in different countries, and propose approaches to meeting these needs. Daniel Ivarsson Chief, Office for Arab States, Europe and the CIS International Trade Centre Switzerland Contacts tel.+ 41 22 730 0390 fax. +41 22 730 0811 e-mail: [email protected] 44 Biography As Chief, Office for Arab States, Europe and the CIS, Daniel Ivarsson is in charge of technical cooperation coordination covering the whole range of business oriented trade development services provided by the International Trade Centre (ITC) of UNCTAD/WTO. Of Swedish origin, he received his Bachelor of Business Administration, Bachelor of Arts and Master of Political Science degrees after studies at the universities of Upsala and Gothenburg in Sweden. After a posting at the Swedish Embassy in Moscow in the late 1970s, he continued his studies at INSEAD in Fontainebleau, France, where he obtained his MBA in 1980. He then spent some ten years as a consultant in international business development, working for trade promotion agencies and for leading suppliers of high-tech plant and equipment, before helping start up the European Union PHARE and TACIS programmes, from 1991 in the position of Implementation Manager in the co-ordination unit in Moscow. In 1993 he joined the European Bank for Reconstruction and Development (EBRD) as deputy to the Head of Procurement and was later promoted to Head, Consultant Contracts Unit. After leaving the Bank early 1997, Daniel Ivarsson worked for several more years providing support and advice to development banks, international organisations, large utilities, other public agencies and private firms in the fields of financing and management of public infrastructure, technical co-operation management, public procurement, and promotion, monitoring and evaluation of trade and investment, including development aid. He served at the Swiss State Secretariat for Economic Affairs, where he managed the Swiss financial assistance programmes for several transition countries, before being appointed as Managing Director of the International Federation of Consulting Engineers (FIDIC) in 2001. He took up his present position late 2004. Presentation Enhancing the international competitiveness of SMEs - trade development challenges and the ITC response Since the early 1990s, the countries of Eastern Europe have been reforming their formerly centrally planned economies to make them fully market oriented. Compared with the countries which became EU members in 2004, the transition process of the others has taken considerably more time. The growing political stability, trade policy liberalisation (with FTAs and CEFTA 2006 agreements), as well as the prospect of accession to the European Union for some countries of this region, have created more favourable circumstances for foreign trade and foreign direct investment in recent years. Nevertheless, the trade balance, especially for goods, remains strongly negative in most of the countries. Improved international competitiveness remains essential for the countries’ successful integration into the world market and for their economic and social development in general. A strong desire to become ‘EU-compatible’ is now very present in the minds of decision makers and the business community, which is likely to help taking the necessary steps for improving international competitiveness and export performance at large. This is reflected in several demands for ITC assistance with trade related technical assistance and matched by the introduction of new pre-accession and neighbourhood policy instruments of the European Union. Business and export support services do not always adequately match enterprise needs, facilitate export diversification or provide an appropriate interface between the private sector and the government on trade issues. Trade promotion organisations do not exist or have been created only recently in several countries. Others have been quite successful and could serve as examples within the region. The consulting industry is growing but still suffers from limited possibilities to supply quality services and weak demand from enterprises. Most economies in the region still have low value added in their export products and services compared, for instance, to the EU members having acceded in 2004. Many locally owned exporting firms still have a very narrow market base, often supplying a single product to one or just a few foreign clients. These clients also often provide raw materials, designs and other inputs, leaving the local enterprise without the skills needed for diversifying its product and client range, and also without awareness of the opportunities presented e.g. by global markets, modern management, and e-trade. Typically, in order to become internationally competitive, enterprises need to better master business processes like design, sourcing, quality management, packaging, distribution, and marketing. ITC Responses Multiplying policy initiatives: ITC will concentrate on measures helping the countries and their enterprises become regular and trusted trading partners, able to meet market requirements in a profitable and sustainable manner. Through several activities in the region ITC helps improve exporters’ and policy makers’ access to reliable and up-to-date market, customs and other trade-related information. Working with trade support institutions: ITC has a number of projects to enhance 06/11/2007 14.42 Page 45 the knowledge and sharpen the ability of service providers, especially consulting firms and trade support institutions, to assist export-oriented companies. The need to ensure the long-term sustainability of export development services calls for an increasingly commercial approach, with enterprises learning to appreciate the value of quality services, put them to good use, and pay a fair price for them. Service providers will learn to compete for business based on the excellence of their work and its benefits for their clients. As a complement, in some countries, ITC would help establish export promotion agencies and enhance their capacities in providing trade development services. Integrating SMEs into the global arena: For capacity reasons, ITC’s response to the needs at enterprise level usually has to be addressed through the engagement and the empowerment of trade support institutions. However, ITC may envisage to make direct interventions at enterprise level especially in the smaller countries of the region, where the number of enterprises in key sectors for export development is relatively small. Individual enterprises may also benefit from direct ITC inputs when local providers of trade support services are being coached by ITC’s experts Economic growth Energy consumption by fuels and by sectors Energy intensity of economy as general and by sectors Comparison of trends in the change of energy intensity in Bulgaria and EU-25 countries. Regarded are the measures for improvement of the Energy efficiency in this material: Acting measures and Energy efficiency programmes by sectors Priorities for new Energy efficiency measures by sectors and fuels. The results achieved by „Estimation and Energy efficiency monitoring in the new EU-25 Member States” project are used within the presentation. Zdravko Genchev Executive Director EnEffect, Center for Energy Efficiency, Bulgaria 1.5 Contacts Moving Energy Efficiency Forward tel. +359 8 88 338 995 fax +359 2 96 32 574 e-mail : [email protected] Tasko Ermenkov Executive Director Energy Efficiency Agency, Bulgaria Contacts tel. +359 2 98 15 802 fax +359 2 981 58 02 Biography In 1981 Mr Tasko Ermenkov graduated the Moscow International Relations Institute, Moscow, USSR, specialty - “International Economic Relations”. From 1982 until 1984 he carried out a specialization “Organization of collecting and analysis of strategic information. In 1996 he completed qualification course on investment and financial analysis of infrastructural projects in the Institute for Public-Private Partnership, Washington, USA. From 1981 until 1982 he was specialist in Foreign Trade Organization “Transimpex”.Between 1984 and 1990 Mr Ermenkov was specialist in the Ministry of Foreign Trade (including the period 1987 - 1990 – vice-consul on research and investigation activities in the West sectors of Berlin). From 1990 until 1991 he was Foreign Trade specialist of Seehawk Co. Then from 1991 until 1995 was Manager of “Ronimex Associated Group” Ltd. Between 1995 and 1997 he was in the Ministry of Regional Development and Construction - Director of PMU “Modernization and restructuring of Water Supply Companies of Republic of Bulgaria ” through the World Bank. From 1997 until 1999 he was again Manager of “Ronimex Associated Group” Ltd. From 1999 until 2000 he was in the Ministry of Labour and Social Policy (MLSP) - coordinator of a Project for capacity increasing of the social support system in Bulgaria, funded by the Institutional Development Fund (IDF) of the World Bank. From 2000 until 2001 was in the MLSP – coordinator of a Project for logical framework development and rationale of loan agreement by World Bank in the field of child’s protection, funded by the Policy and human resources development Fund (PHRD) of the World Bank. In 2001 he was again in the MLSP – Director of the Project Management Unit “Reform for increasing the welfare of the Bulgarian children” in its part, funded by a World Bank Loan, as well as a member of the Steering Committee of the whole project, funded also by EU donation. Mr Tasko Ermenkov has been Executive Director of the Energy Efficiency Agency since 2003. Presentation Trends and measures for Energy efficiency improvement of Bulgarian economy The given presentation regards the Energy efficiency state of Bulgarian economy as well as its change during the last years. The main situations, covered in this part of the presentation, are the following: Biography Zdravko Genchev is Executive Director of the Bulgarian Energy Efficiency Center EnEffect and the Bulgarian Municipal Energy Efficiency Network EcoEnergy. He is vice-chairman of the Steering Committee of the UNECE “Energy Efficiency 21” project, Board member of European Council for Energy Efficient Economy, life-member of the US Association of Energy Engineers, regional coordinator of the Regional Network for Efficient Use of Energy and Water Resources (RENEUER) in Southeast Europe. In the last 17 years Mr Genchev has been continuously involved in the development, management and implementation of various energy efficiency programmes of the United Nations, GEF, European Commission, US AID, REC, JICA, etc. Currently with EnEffect his work is focused mainly in the area of local (municipal) energy efficiency policies and practices and energy efficiency in buildings. With EnEffect he has been providing training on municipal energy planning and development and financing engineering in various countries of Southeast Europe. Mr Genchev graduated architecture in Sofia in 1967. He passed postgraduate training on housing architecture and housing policy in Italy, England and Denmark and obtained a PhD degree on housing in 1980. As leader of research and design teams he has elaborated and built experimental and demonstration projects for residential and public buildings and estates. He has more than 200 publications in national and foreign editions and presentations at numerous international events in the field of housing and energy efficiency. Dr Genchev has been working also as secretary of the Union of Architects in Bulgaria, editor-in-chief of the Bulgarian architectural review “Arhitectura”, head of the “Housing Policy” department of the Ministry of Regional Development and Housing Policy, director general of the National Center for Regional Development and Housing Policy. He has been awarded at architectural competitions. speakers and project promoters 04_speakers_v4.qxp Presentation New Energy efficiency funds will support climate change mitigation The Energy Efficiency 21 Project promotes the formation of an energy efficiency market in Eastern Europe so that cost-effective investments can provide a self-financing method of reducing global greenhouse gas emissions. The market for projects with a payback period of less than five years is estimated to be between EUR 5 and 10 billion. But the capital investment requirements needed to tap this potential are so large that only commercial sector finance on a significant scale can actually deliver meaningful results. In the last several years the project promotes the development and the introduction of innovative financial instruments for energy efficiency investment projects that have significant impact to the climate change mitigation. Two of the results of these efforts are the subject of this presentation. Under a mandate of the UNECE Energy Efficiency 21 Project one of the largest funds for financing environmentally sound energy technologies in Europe has been recently successfully raised by SwissRe. The EUR 329 million Fund is to provide capital for clean energy projects that reduce greenhouse gas emissions in Central, Eastern and Western Europe. It will finance energy efficiency and renewable energy investment projects that reduce CO2 emissions and generate carbon credits or tradable certificates.The SwissRe European Clean Energy Fund 45 speakers and project promoters 04_speakers_v4.qxp 06/11/2007 14.42 Page 46 offers attractive returns to institutional investors in Europe, Canada and the United States for financing energy efficiency, wind, solar, hydroelectric, geothermal projects while providing carbon market services. Mr. Marek Belka, Executive Secretary of the UNECE said, “The SwissRe European Clean Energy Fund was mandated by the Energy Efficiency 21 Project to establish a dedicated financial instrument for the participation of public and private sector investors on a much larger scale than previously possible”. In 2006 the UNECE Energy Efficiency 21 Project (EE21) received approval from the Global Environmental Facility (GEF) Council meeting to assist in the development and launching of an Investment Fund to reduce carbon emissions in the Commonwealth of Independent States and South-East Europe. The US$ 3 million GEF grant for ‘Financing Energy Efficiency and Renewable Energy Investments for Climate Change Mitigation’ is for technical assistance in the recipient countries and for development of the Investment Fund. It completes the co-financing requirements of the United Nations Foundation (UNF) and the Fonds Français pour l’Environnement Mondial (FFEM). In June 2004, the UNF Board of Directors approved a grant of US$ 2 million conditional on matching pledges from other donors. The FFEM Grants Committee approved the French Ministry of Foreign Affairs co-financing proposal of US$ 2.5 million in March 2005. The GEF grant completes the funding for a technical assistance project that will launch a public-private equity Fund together with an international financial institution, assist local experts to develop investment projects for financing and work with local authorities on the energy policy reforms to support these investments. The United Nations Environment Programme (UNEP) is the GEF Co-Implementing Agency together with an international financial institution and the UNECE is the Executing Agency for the project. Part of the funding from UNF, FFEM and GEF will be used to structure the Investment Fund, examine legal and fiscal issues, and solicit public and private sector investors who will select an experienced Fund Manager. The investment fund will not be managed by UNECE or UNEP but will be a separate legal entity aligned with Energy Efficiency 21. Investment projects to reduce carbon emissions have been developed under EE21 with local counterparts since 2000 in Belarus, Bulgaria, Kazakhstan, Russian Federation and Ukraine. While some US$ 60 million of proposals have been prepared, investment projects of some US$ 9.7 million have been financed amounting to an estimated 49,000 tonnes of CO2 avoided per year. The new Investment Fund will provide the capacity for many more projects to be financed with larger carbon emissions reductions. Current as well as new investment proposals developed under EE21, with funding from the UNF, FFEM and GEF grants, that meet agreed criteria will provide a pipeline of projects to the investment fund. The Fund Manager will have access to these proposals but will also finance projects from other sources so long as they meet the selection criteria jointly agreed with UNEP/UNECE and the investors in the Investment Fund.The EE21 capacity building activities will be aimed at developing the skills of public and private sector experts to identify, develop and finance energy efficiency investment projects for submission to the Fund Manager. The project will also work with national administrations and local authorities to introduce economic, institutional and regulatory reforms needed to support these investment proposals. Mario Lazzeri Business Development Manager D’Appolonia S.p.A., Italy Contacts tel. +39 010 36 28 148 fax +39 010 36 21 078 e-mail : [email protected] Biography Mario Lazzeri leads the Business Development Direction of D’Appolonia, a leading private Italian engineering consultancy firm active in the filed of energy, environment, transport and infrastructure. Mr. Lazzeri has a strong educational background (M.Sc. in Engineering, 1988; M.Sc. Environmental Management, 1991) and has achieved an extensive professional experience (more than 19 years) in managing engineering projects and operations of multinational working groups in international projects funded by major IFIs (EBRD, World Bank, EIB) or within bilateral cooperation, in Central and Eastern Europe, North Africa and Asia. Mr. Lazzeri technical experience covers a wide variety of energy and environmental projects for both Governments and industry, private and public institutions. 46 Presentation Energy Benchmarking: a Tool developed for EBRD for Assessing Energy Efficiency Performance and Carbon Credit Opportunities The speech will focus on the overview of a tailored Energy Efficiency Benchmarking Tool that the EBRD has developed in order to screen and assess the energy saving potential and related carbon credit opportunities of projects which are not subject to detailed Energy Audits. A dedicated software application has been designed to allow EBRD to assess energy saving potentials of industrial projects included in the E/1 category by reference to appropriate industry benchmarks of energy consumption with an efficient and cost effective method. Up to now this tool is composed of four sector-oriented sections, for the brewing, milk processing, fruit juice and edible oil production sectors. The speech will describe in detail the methodology that has been applied in the elaboration of the benchmarking tool and the basic principles of the statistical and mathematical analysis performed by this tool on collected data, how real data will be collected from the industries and how these information will be stored and processed, and the most significant outputs that the benchmarking tool can provide to the users. Additionally pilot application cases will be showed and the potentials for increase in the software application power will be described, in particular for what concern the development of specific sections dedicated to new industrial sectors and the set up of an adequate sample for the statistical analysis. Performed activities could allow the programme to be extended and could be shared with other IFIs as part of the Investment Framework requested by the G8 at Gleneagles. Jacquelin Ligot Director, Energy Efficiency and Climate Change Team EBRD Contacts tel. +44 207 338 7022 fax +44 207 338 6942 e-mail: [email protected] Biography Jacquelin Ligot is Director of the Energy Efficiency and Climate Change Team (EECC) at the European Bank for Reconstruction and Development. This group formulates EBRD's strategy in the area of sustainable energy (including carbon trading and finance) and co-ordinates its implementation across all banking teams. EBRD's strategy is reflected in the Sustainable Energy Initiative and in the new Energy Operations Policy, both from 2006. The overarching objective is to maximise the potential for energy savings and greenhouse gas emissions reductions in Bank investments. EECC has three main roles: a/ to help identify and develop energy efficiency and greenhouse gas emission reduction components in all relevant Bank projects; b/ to support EBRD’s Financial Institutions (FI) Team in designing and implementing wholesale financing instruments targeting energy efficiency and renewable energy projects, chiefly credit lines or equity funds. This entails commissioning market studies to ascertain potential demand for the financing scheme; mobilising Technical Assistance and grant co-financing from donors, including the European Commission to fund consultants for project preparation and implementation; assisting FI in designing the scheme; and c/ to identify, develop and execute carbon credit transactions in connection with EBRD-funded projects. EECC also structures carbon funds whereby the Bank can purchase carbon credits from EBRD- or EIB-funded projects on behalf of third parties, e.g. the Netherlands-EBRD Carbon Fund and the Multilateral Carbon Credit Fund (MCCF, in cooperation with EIB). Prior to his current position, Mr. Ligot worked as a senior banker in the EBRD’s Municipal and Environmental Infrastructure Team (1995-2000), and the EBRD’s Treasury (1994-1995). He joined the EBRD in 1994 following a 5 year stint at the Finance Department of the City of Paris, where he held various positions, including that of Treasurer, in charge of debt management and borrowings of the French capital. Jacquelin Ligot studied at the Paris-based Institut d'Etudes Politiques (Sciences-Po) and Ecole Nationale d'Administration (ENA). He holds an MBA from London Business School. 06/11/2007 14.42 Page 47 Presentation Financing Energy Efficiency in Transition Countries; EBRD’s Experience The presentation will give an overview of what EBRD does in the area of energy efficiency, and through which instruments. This will be supported by case studies of recent projects signed by the Bank. The key areas covered include: Industry, the energy sector, the municipal sector, dedicated energy efficiency credit lines, and carbon finance. Gianpiero Nacci Senior Engineer European Bank for Reconstruction and Development (EBRD), United Kingdom Italy and Netherlands in the field of strategic forecasting and planning, climate change problems, project management, energy efficiency, renewable energy sources and others. Mrs. Todorova was a national coordinator of two already successfully finished projects of the World Bank – “Sustainable utilization of the geothermal resources in Bulgaria” and “Establishment of Bulgarian Energy Efficiency Fund”. Also she was the Bulgarian coordinator for the Twinning Project with the federal government of Hessen “Elaboration of National strategy for supporting the industry in its compliance with the environmental legislation”. Currently Mrs. Todorova is Bulgarian coordinator in the Dutch-Bulgarian project “Voluntary Agreements for Energy Efficiency Improvement in Industry”. Also Mrs. Todorova participates in the elaboration of many legislative and secondary legislation acts: Energy Law, Energy Efficiency Law and their last amendments and additions, Law on Regional Development, Law on renewable and alternative energy sources and biofuels. Presentation Energy efficiency in Bulgaria – present situation, legal framework, measures for energy efficiency increase Contacts tel. +44 20 733 86 252 fax +44 20 733 86 942 e-mail : [email protected] Biography Energy efficiency specialist holding a MSc in Mechanical Engineering (Politecnico of Turin, Italy) and a MSc in Renewable Energy (University of Oldenburg, Germany). Before joining the EBRD, he worked in Italy as a process engineer and project engineer in large combined heat and power projects associated to industrial operations (mainly pulp and paper and automotive). Afterwards, he has been involved as project engineer in the development of a number of industrial manufacturing facilities in India and then in UK as industrial energy efficiency consultant. At the EBRD he is a Senior Engineer in the Energy Efficiency and Climate Change Team providing technical support to sustainable energy projects of the Bank ranging from stand alone rational energy utilisation projects in energy intensive industries to emission reduction projects in the energy sector to dedicated sustainable energy credit lines in the corporate and residential sectors. Presentation EBRD approach to energy efficiency in the industrial sectors: stand alone projects and credit lines The presentation will provide an outline of the various products the EBRD has developed to finance energy efficiency projects in the industrial sector. It will review results achieved in a broad range of projects from stand alone projects in energy intensive industries to dedicated credit lines targeting the SME sector. Energy efficiency has a key role in Bulgarian energy policy and is a national priority for achieving the goals set up during the process of assessment to EU. Also Energy efficiency and RES are priorities for EU. Moreover the last decisions taken at the EU summit in the beginning of 2007 support decreasing of 20 % of energy consumption compared to forecast for 2020. The Bulgarian policy in this field can not be different than the European one. At present the energy intensity in GDP in Bulgaria is approximately two times higher than this in the other EU countries. Considering the current situation, the measures for energy efficiency in industry are crucial for decreasing the energy intensity of Bulgarian economy and for increasing its competitiveness. The policy of the Ministry of Economy and Energy in the field of energy efficiency is set up in the Energy Efficiency Law. The two years experience with the two energy laws gave us a new vision and we have made amendment in the legislation framework for ensuring a favorable environment for the Bulgarian business. European legislation in the field of energy efficiency is transposed into Bulgarian one. Bulgarian government has ensured the necessary conditions for investments. As complementary promotion of the market of energy efficiency services we have amended the Energy efficiency Law. Currently a secondary legislation is being elaborated. Taking into account the achievement of fast practical results as well as fulfilling the taken engagements, the Ministry of Economy and Energy has elaborated the First National Action Plan for Energy Efficiency, according to the Directive 2006/32/ÖC on energy end-use efficiency and energy services. This Action Plan has been adopted by the Council of Ministers at the beginning of October 2007. According to the First Action Plan Bulgaria placed an indicative goal for energy saving from 3 % for the period 2008-2010. Paul Waide Senior Policy Analyst International Energy Agency Kostadinka Todorova Director, Energy Efficiency and Environmental Protection Directorate Ministry of Economy and Energy, Bulgaria Contacts tel. +359 2 92 63 255 fax +359 2 98 83 216 e-mail : [email protected] Biography Kostadinka Todorova was born on 5th August 1956. Mrs. Todorova has a master’s degree in “Electric power generation and electrical equipment”. She starts her career as and energy balances and prognoses expert in “Energy strategy, forecasting and planning” department in the State energy and energy resources agency. In 2001 she becomes a head of “Energy analyses and prognoses”. In October 2002, after a competition was made, Mrs. Todorova is chosen for director of “Energy strategy” directorate in the Ministry of energy and energy resources. Since 2005 till now, after the unification of the Ministry of energy and energy resources with the Ministry of Economy, Mrs. Todorova is appointed as a Director of “Energy efficiency and Environmental protection” Directorate in the Ministry of Economy and Energy. Mrs. Todorova has specialized in Denmark, speakers and project promoters 04_speakers_v4.qxp Contacts tel. +331 4 05 76 621 fax +331 4 05 76 739 e-mail : [email protected] Biography Paul Waide has been a Senior Policy Analyst in the Energy Efficiency and Environment Division of the International Energy Agency since March 2004 where he has a prominent role in the agency’s work on energy efficiency, which includes supporting the G8 countries in developing their plan of action addressing Climate Change, Clean Energy and Sustainable Development. He provides analysis for the agency’s influential long-range energy scenarios including the World Energy Outlook and Energy Technologies Perspectives publications and is also the principal author of some of the agency’s main publications addressing energy efficiency policy and technology including: Light’s Labour’s Lost: Policies for Energy Efficient Lighting and the previous analysis of the residential electricity sector, Cool Appliances: Policy Strategies for Energy-Efficient Homes. Many of the recommendations deriving from these analyses have been adopted by government and so far the IEA has made sixteen concrete energy-efficiency policy recommendations to the G8 that have subsequently been endorsed in G8 47 04_speakers_v4.qxp 06/11/2007 14.42 Page 48 summits and IEA Energy Ministerial meetings. Prior to joining the IEA he worked as an international energy efficiency consultant for 14 years wherein he was involved in the promulgation of equipment energy efficiency programmes (especially those concerned with standards and labelling) in Europe, China, South Africa and numerous other countries. Mr Waide is on the board of two energy efficiency NGOs (CLASP and IMT) and has a Ph.D in Applied Energy from Cranfield University in the UK, a M.Sc. from Surrey University and a B.Sc. in Physics from Liverpool University. Presentation International energy efficiency developments in the buildings sector: opportunities and issues speakers and project promoters Energy consumption in buildings is the largest of any end-use sector and in most economies accounts for around 40% of all energy use. Large and feasible potentials for energy efficiency improvements are available in both new and existing buildings. Energy consumption in buildings could be reduced by more than 50 per cent and were this to be fully implemented it would lower the world’s total final energy consumption by 15 - 20 per cent. Implementing effective policies to realise these savings will save money for building owners and users alike and make a marked contribution to governments’ stated goals on climate change and energy security. Such measures would also create jobs in the construction sector. This presentation summarises the energy, economic and environmental savings potentials that could be achieved and discusses the policies and programmes that could help to achieve them. In particular it details the new international policy dynamics in this domain and how these relate to the CEI region. Biography Mr Plamen Oresharski graduated from the University of National and World Economy in 1985. From 1988 until 1992 he specialized in the same university where he became a PhD in Investments and Investment Analysis. Mr Oresharski specialized in Bank Management – USA and Government Bonds Emission National Savings, London, UK. He is Vice-Chancellor and a full time reader of the Finance Department in the University of National and World Economy, teaching on Finance Management, Investments, Investment Analysis. Between 1992 and 1993, Plamen Oresharski was nominated for Vice-Dean of the Finance Department in the University of National and World Economy. From 1993 until 1997 he was Director of the State Treasury and Debt Directorate, Government Debt Policy design and management, Expenditure and Revenue Policy management in Ministry of Finance. In the period 1997-2001 Mr. Oresharski was Deputy Minister of Finance, responsible for the Management of the State Debt and Bulgarian Bond Market and the Preparation of the Currency Board legislation and introduction. In 1992-1993 Plamen Oresharski was consultant in Commercial banks' investment and capital projects and Banks' liability and assets management. He was Team leader of the Arrangements of the Currency Board legislation and regulation in 1997. From 1997 to 1999 he was Restructuring and negotiating Bulgarian foreign debt team leader, as well as Liberalization of Bulgarian currency regime Working group Manager in 1999. Mr Plamen Oresharski was member of several management boards as Bulgarian Consolidation Company Management Board, BULBANK Management Board, Bulgarian Stock Exchange Management Board, STATE SAVING BANK Management Board, President of SOFIABANK Management Board. From the 17th of August 2005, Plamen Oresharski was nominated for Minister of Finance. Georgui Horozov Francesca Pissarides Director of the Energy and Infrastructure Department Black Sea Trade and Development Bank (BSTDB) Senior Economist Office of the Chief Economist, EBRD Contacts e-mail : [email protected] Contacts tel. +30 23 10 290 441 e-mail: [email protected] Biography Georgui Horozov has been with the Black Sea Trade and Development Bank (‘BSTDB’) since before its inauguration in early 1999. He is heading the department in charge of BSTDB's Corporate and Project Finance activities in Infrastructure, Telecommunications, Energy, Oil and Gas sectors in all BSTDB member countries. Before joining BSTDB, Mr Horozov was Principal Banker with the European Bank for Reconstruction and Development (EBRD) in London where he spent more than five years dealing with cross-boarder telecoms and media investments. Prior to focusing his professional activities on the Black Sea region, Mr Horozov has been involved in both private and public sector debt and equity transactions in Central and Eastern Europe, Russia and Central Asia. He is a holder of an MBA degree from INSEAD, Fontainebleau in France and CFEP from London Business School in the UK. Mr Horozov is a regular speaker at investment forums. Biography Francesca Pissarides is Senior Economist in the Office of the Chief Economist, European Bank for Reconstruction and Development (EBRD), London. She joined the EBRD in 1992 and worked on a number of transition countries (Albania, Bulgaria, Hungary, Poland, Romania, Slovenia). She specialises in financial and business environment support to SMEs and is currently working on impact evaluation of EBRD projects. She studied in Rome where she gained a First Degree in Economics from the Libera Universita’ degli Studi Sociali (1984) and in London where she gained an MSc in Economics from the London School of Economics (1985). She carried out research training in the Financial Markets Group(198587) of the London School of Economics, with Professor Mervyn King, and worked at DRI McGraw Hill (UK) as an economist (1987-88), forecasting small European economies. Presentation EBRD Transition Report 2007: People in Transition Christoph B. Rosenberg Senior Regional Representative International Monetary Fund, Poland 1.6 EBRD Transition Report 2007: People in Transition Plamen Oresharski Minister Ministry of Finance, Bulgaria Contacts tel. +48 22 33 86 700 fax +48 22 33 86 500 e-mail : [email protected] Biography Contacts tel. +359 2 98 59 2024 fax +359 2 98 15 802 e-mail : [email protected] 48 Christoph Rosenberg heads the International Monetary Fund’s regional office for Central Europe and the Baltics in Warsaw since 2005. The office supports the IMF’s surveillance of economic and financial policies in the region, especially with regard to preparations for euro adoption. Previously Mr. Rosenberg’ 06/11/2007 14.42 Page 49 was a deputy division chief in the IMF’s Policy Development and Review Department, where he worked on emerging market and vulnerability issues, mainly in Latin American countries and Lebanon. Other assignments at the IMF included work on various country desks in Africa, Europe and Central Asia, as well as resident representative to Uzbekistan (1998-2001). Before joining the IMF in 1993, Mr. Rosenberg was a lecturer at the University of Regensburg. He also worked as a freelance journalist for various German newspapers and business magazines. Mr. Rosenberg earned a Ph.D. from the University of Regensburg, Germany, and a M.A. in Economics from Vanderbilt University, USA. He speaks German, English, French, Russian and some Polish. Presentation Economic Trends and Challenges in the New Member States The presentation takes a closer look at recent economic performance and policy challenges in the new member states (NMS) of the EU. Real GDP growth in these countries has been rapid, headline fiscal performance good (with some exceptions), and inflation relatively low—especially if one takes into account the inevitable adjustment of price levels associated with convergence. Financial markets have been bought into the NMSs’ convergence story, as evidenced by large capital inflows, much of it in bank lending and foreign direct investment. So far, the NMS have weathered the fallout from the US subprime mortgage crisis remarkably well. This stellar performance may, however, obscure a worrying build-up vulnerabilities in a number of NMS, especially in the Baltics and South-Eastern Europe. A simple comparison to key macro variables in previous crisis episodes show that, on the face of it, these countries should worry about rapid credit growth and, relatedly, large external imbalances. One may argue that such temporary imbalances are only natural in an environment of rapid growth and still evolving institutions. Is there anything that economic policy should or can do to slow down this process? This points to a policy dilemma: how to reduce vulnerabilities and not to impede the convergence process. The analytical challenge in this context is to separate convergence-related demand pressures from overheating. Against this background, the presentation identifies four areas of concern identified in the IMF’s surveillance in the region. Lack of fiscal adjustment: Despite healthy growth, few countries have used the benign global environment and buoyant revenue to reduce deficits. Fiscal policy is even more procyclical if one accounts for EU funds. As recent IMF research (WEO, October 2007) shows, countercyclical fiscal policy in the form of slower growth of government spending can play a decisive role in curtailing harmful real appreciation at times of strong capital inflows. This is particularly relevant for countries with fixed exchange rate regimes. Indeed, primary public spending in the new member states is high compared to other emerging market countries. Rapid credit growth and currency mismatches: Growth of credit to the private sector has been brisk, reflecting pent-up demand, expectations of higher future earnings and, on the supply side, the entry of foreign banks competing for market share. The level of private sector debt has not yet exceeded equilibrium levels, except in some Baltic countries. Nevertheless, the rapid pace of credit growth raises questions about the quality of lending decisions, as recently highlighted in the US subprime mortgage market. In several NMS, especially those with fixed exchange rates, most loans are extended in foreign currencies, often for household mortgages. As a result, large unhedged currency mismatches have emerged. The risks associated with this behavior present a challenge for banking supervision and, more generally, policies to manage expectations. Large external imbalance and cross-border contagion risks: A lively debate has emerged whether the deterioration of international investment positions in the NMS should be cause for concern. Optimists point out that EU membership fundamentally sets these countries apart from previous such episodes, which have often ended with sudden stops of capital inflows and deep recessions. It is argued that EU institutions impose discipline, as evidenced by the “EU halo effect” of borrowing spreads up to 100 bp below comparable emerging markets. Moreover, the structure of external financing--bank loans from EU parent banks with a strategic stake in the NMS, foreign direct investment, remittances, EU funds—provides some comfort. Pessimists point out that sudden stops are still possible, especially if the fundamental belief in the benefits of EU membership, including euro adoption is shaken. In any event, external sustainability dictates that the rapid increase of foreign liabilities will need to be reversed by running current account surpluses. Also, the exposure to a few regionally operating banks creates new risks—a challenge for cross-border financial supervision. Euro adoption and creating flexible economies:. Meeting the Maastricht convergence criteria has proven a challenge to euro adoption. While reducing inflation and fiscal deficits this is indeed important, policy makers should not lose sight of structural reforms that are just as important to ensure success in the euro zone. Specifically, labor and product markets need maximum flexibility once the exchange rate and interest rates are no longer available as policy instruments. Some NMS do well on this count, although factor markets are yet to be tested. Fabrizio Coricelli Director of Policy Studies European Bank for Reconstruction and Development (EBRD) Contacts tel. +44 207 338 7211 fax. +44 207 338 6110 e-mail: [email protected] Biography Director of Policy Studies, European Bank for Reconstruction and Development, London. He is also Research Fellow at the Centre for Economic Policy Research (CEPR) in London and member of the Advisory Council of CASE, Poland. He is Professor of Economics, on leave from the University of Siena, Italy. He holds a Ph.D. in Economics from the University of Pennsylvania, Philadelphia. He has been Economic Adviser at the European Commission in 2001-2002 in Brussels, senior economist at the World Bank (1989-1993) and economist at the International Monetary Fund (1987-1989), in Washington D.C.. Since 1989 he has worked extensively on formerly planned economies and CentralEastern European countries, focusing on the development of financial markets. Presentation Transition Report 2007 2.1 A New Vision of Capital Markets in Central and Southeast Europe - the European Securities Landscape Stere Farmache Chief Executive Officer Bucharest Stock Exchange, Romania Contacts tel. +402 1 30 79 501 fax +402 1 30 79 519 e-mail : [email protected] Biography speakers and project promoters 04_speakers_v4.qxp Stere Farmache is the CEO of Bucharest Stock Exchange from its opening in 1995. He also runs the vice president chair at the Romanian Central Depository and the Associated Professor desk at the Academy of Economic Studies in Bucharest. For more than 20 years Mr. Farmache has worked in the Romanian financial environment: starting for the Ministry of Finance, towards the creation of the capital market in Romania, and ending as CEO at the institution he created: the Bucharest Stock Exchange. At the stock exchange he manages an employee team of 68 persons and leads the strategy projects, under the corporate development and growth perspective. As an academic background, Mr. Farmache had his bachelor degree at the Academy of Economics Studies of Bucharest, followed by master degree at International Institute of Administration Paris and numerous trainings of Georgetown University and World Bank. Presentation Bucharest Stock Exchange Development and Capital Market Integration Romania integration into the EU imposed preparations for the capital market sector in order to face the new European challenges. With this respect, has developed the Romanian capital market reform. The capital market Law (Law no. 297/2004) came into force, preparing the legal framework for EU integration and fully implementing the EU directives (MIFID, MAD, TD, AMP, etc.). In terms of BVB rule books, a new BVB code was created in order to raise the BVB market efficiency. The evolution of the capital market indicators comes to reinforce the development of the Romanian capital market. 49 speakers and project promoters 04_speakers_v4.qxp 50 06/11/2007 14.42 Page 50 Gilbert McCaul Victor Papazov Partner KPMG in Bulgaria Founder & Chairman of the Board Bulgarian Stock Exchange - Sofia JSC, Bulgaria Contacts Contacts tel. +359 2 96 97 401 fax +359 2 98 05 340 e-mail : [email protected] tel. +359 2 93 70 939 fax +359 2 93 70 946 e-mail : [email protected] Biography Biography Gilbert McCaul is an Audit Partner in KPMG in Bulgaria. In 2006 he became head of Audit also for KPMG in Albania, Kosovo and Macedonia. Mr McCaul has 30 years’ professional experience. He joined Peat Marwick in the United Kingdom (the company that later merged with Klynveld Main Goerdeler to form KPMG) in 1977 and worked for KPMG in the UK until 1999 spending the last nine years as an Audit Partner. Mr Gilbert McCaul has outstanding expertise in international auditing and financial reporting standards. Furthermore, he has led a number of high profile advisory projects in Balkan countries. Mr McCaul is actively involved in the Bulgarian business community. He has been a member of the Board of the Bulgarian Business Leaders Forum for several years, encouraging corporate social responsibility practices among businesses in Bulgaria. Gilbert McCaul has a bachelor’s degree in Mathematics and Physics, followed by a master’s degree in Mathematics from the University of Glasgow. He qualified as a Chartered Accountant in 1980 and has since been a member of the Institute of the Chartered Accountants of Scotland. Victor Papazov is Founder and Chairman of the Board of Bulgarian Stock Exchange. He is with the institution since its inception in 1991 and served as CEO during the first nine years of its existence. Currently he is representing the institution and serves as a liaison with the Government and the Parliament. He is also responsible for the planning and implementation of the future integration of BSE into European capital market structure. His knowledge in the capital markets field is utilized both by the Parliament where he advises the Chairman of the Economic commission and as a professor in UNWE and International University in Sofia. He has Masters Degrees in Planning and Foreign Trade from UNW E and accomplished programs at Georgetown University in Washington D.C., Stanford University and Harvard Business School. For his achievements he was announced Global Leader for Tomorrow by the World Economic Forum in Davos, Switzerland. Presentation The Markets in Financial Instruments Directive (MiFID) is likely to be one of the greatest legislative changes seen in Europe's securities markets in more than two decades. The intention of MiFID is to raise the standards of the European investment markets to a higher level and in particular, focus on best execution, investor protection, and transparency of trading. The Markets in Financial Instruments Directive comes into effect on 1 November 2007, when it will replace the existing Investment Services Directive (ISD). The Bulgarian National Assembly passed the MiFID regulation, Markets in Financial Instruments Act, in mid-June 2007. The adoption of The Markets in Financial Instruments Act also led to some amendments in the Bulgarian Public Offering of Securities Act. One of them concerns the restrictions on shareholders of the Bulgarian Stock Exchange. Previously, no single shareholder of the Bulgarian Stock Exchange might own more than 5 per cent of the shares therein, except the Bulgarian State and foreign stock exchange alliances. The latest amendments lifted that restriction, which is an important step towards the demutualization of the Bulgarian Stock Exchange. The main aspects of the Markets in Financial Instruments Act and the expected changes to the Bulgarian capital market can be summarized as follows: First, according to the Markets in Financial Instruments Act, securities trading can be executed both on and outside the regulated market. The amendment is likely to affect the trade on the Bulgarian Stock Exchange to some extent. On the one hand, some market participants will probably prefer to trade outside the exchange, especially when they do not want publicity about the respective trade or when the trade is executed at a price that is far away from the market price. On the other hand, trading on the Bulgarian regulated market has a number of advantages. The local regulated market is more secure and transparent for the foreign institutional investors. In addition, capital gains from transactions executed on the regulated market are not subject to withholding tax. Second, MiFID introduces a new "core" investment service/activity of operating a Multilateral Trading Facility (MTFs). An MTF is described as a multilateral system that brings together multiple third party buying and selling interests in financial instruments, on a non-discretionary basis, in a way that results in a contract, in accordance with MiFID's rules on conduct of business. MTFs provide an alternative way for securities trading; they can be organized by one or more investment intermediaries, as well as by an existing regulated market. In the near future it is hardly probable that the local investment intermediaries will organize a MTF as an alternative to the Bulgarian Stock Exchange due to the following reasons: Considerable costs for establishing, licensing and maintaining a MTF. Even if the local investment intermediaries offer lower transaction fees, the total cost for the investor can be higher due to the smaller number of market participants at the MTF and the increased buy/sell spread; The operators of MTFs must maintain arrangements to provide sufficient publicly available information to enable the users of a multilateral trading facility oper- A Financial Advisor’s Perspective on the Development of Capital Markets The Markets in Financial Instruments Directive (MiFID) has the purpose of introducing a single market and regulatory regime for investment services in the European Economic Area. This may initially sound quite narrow but is likely to be a major further factor influencing the greater internationalization of the capital markets in Europe which will inevitably have an impact on the situation in Central and South East Europe. Until now, the capital markets in most of the SE Europe countries have generally been small in scale compared with certain of the much longer established securities exchanges in Western Europe. As professional advisors, we have seen the gradual development of IPOs of companies based in SE Europe take place in other countries – particularly in the UK and to a lesser extent other markets. This development has meant that, as professional advisors we have been advising companies on the regulatory and financial implications of listing shares in other jurisdictions. Under MiFID the market for investment advisors is being opened up throughout the EU and restrictions on doing business anywhere within the EU are largely being eliminated. This means greater competition between investment advisors. For companies in this region it is likely that there will be greater opportunities to raise funds from a wider variety of sources. It may also mean that local Securities Exchanges, through locally based investment advisors, can attract greater funds and obtain a higher profile. For other professional advisors this gives the twin challenges of requiring to advise local companies in applying the regulations of other jurisdictions and possibly of working with more companies taking advantage of the changes to develop their business through the local exchanges in SE Europe which they may not have considered in the past. Enabling regulated markets to admit transferable securities admitted to trading on another regulated market, even without the consent of the issuer, may further internationalize share trading. Although the effects of this may not yet be clear it could reduce the relevance of the market on which a share is initially traded. This may also affect the wider professional services market – as advising companies or market conditions in a greater number of countries may become more common. MiFID is likely to widen the competition for investment services within the EU and broaden the cross-border activities of the international financial advisory companies. They also may face greater regulation of their activities to the extent that their own business is determined to be the provision of investment services. Presentation 06/11/2007 14.42 Page 51 ated by them to form investment judgments, taking into account both the nature of the users and the types of instrument traded. The disclosure of information from a MTF to the regulated market is considered a huge problem in most European countries; Multilateral trading facilities within the meaning of the Directive are not considered as regulated markets, so capital gains from transactions are subject to withholding tax. Third, MiFID will allow investment firms to act as systematic internalizers. A systematic internalizer is an investment firm dealing on its own account to execute client orders outside a regulated market or a multilateral trading facility (MTF). Previously, most local investment intermediaries could “informally” execute client orders in such a way, but there were some restrictions concerning the execution price - the execution price had to be the market price. The disclosure of market information is another important point in the Markets in Financial Instruments Act. On the one hand, the regulated markets shall make public on a continuous basis and on reasonable commercial terms information on current bid and offer prices, as well as the orders given at those prices. On the other hand, trades executed through a multilateral trading facility, have to be made public in due time. Third, an investment intermediary, which concludes outside of a regulated market and a MTF transactions in shares, admitted to trading on a regulated market, must disclose publicly information in one of the following ways: on the web site of the investment intermediary; through technical facilities on the regulated market on which the shares are traded, in case that the market admits such disclosure or through technical means of the Multilateral Trading Facility on which the shares are traded. In this respect, Markets in Financial Instruments Act deviates from the Transparency Directive, as the Directive allows disclosure of market information through another regulated market, where the shares can even be not admitted for trading. In other words, according to the Transparency Directive, investment intermediaries have the right to choose the publisher through which the information will be made public. The deviation mentioned above will be one of the biggest challenges in front of the Bulgarian institutions that will apply the Transparency Directive. Heinrich Schaller Joint Chief Executive Officer Vienna Stock Exchange, Austria Contacts tel. +43 15 31 65 229 fax +43 15 31 65 143 e-mail : [email protected] The Wiener Boerse has also become international: on the cash market and derivatives market, in the field of indices, with respect to its consulting activities and with its investors. Many factors confirm its international success: 39 international members are trading on Vienna Stock Exchange: The number of foreign investment firms admitted as direct trading members to Vienna Stock Exchange has more than doubled in the past two years. With 60.3%, international members now account for more than half of the entire trading volume, while just three years earlier, their share in total trading volume had been only around 20%. Innovative index know-how of Vienna Stock Exchange is in high demand internationally: Vienna Stock Exchange has become successfully established as a global expert for indices. Today, over 80% of all structured products worldwide relating to Central, East and Southeast Europe are based on the indices created by Vienna Stock Exchange. Currently, Vienna Stock Exchange calculates 29 indices of which 21 replicate the regional, national or sector developments in CEE. Alone in the year 2006, Vienna Stock Exchange acquired 25 new index licensees from 13 different countries. Vienna Stock Exchange boasts about 120 international banks as index customers. Roadshows at all major financial marketplaces worldwide: Over 300 foreign institutional investors are addressed in around eight roadshows carried out jointly with bank partners and listed companies every year. By country, the largest group of investors in the ATX is US with 30%, followed by the UK with 25.2%. Third place is taken by Germany with 14% and fourth by Austria with some 7.1%. Network of the Wiener Boerse. Some 80% of the companies comprised in the ATX are doing business in the Central- and Southeast-European region. The economical integration of this fastest growing region in Europe calls for increasing cooperation among the regional stock exchanges. Wiener Boerse has been active as a consultant in the design, the development, and the marketing of financial marketplaces – predominantly in the CEE-countries – already since 1997. Wiener Boerse acquired stakes in the Budapest Stock Exchange in 2004 and has entered into cooperation agreements with the following Eastern and SouthEastern European stock exchanges: Bucharest, Zagreb, Belgrade, Sarajevo, Sofia, Montenegro, Banja Luka, and Macedonia, as well as with the State Agency, the National Depositary and PFTS Exchange in the Ukraine. Typical areas of cooperation to stimulate the regional market include for the mutual benefit of the exchanges in many instances the calculation and dissemination of a joint index and sometimes the common data vending. E.g. at the end of 2004, Vienna Stock Exchange entered into an index cooperation project with the Bucharest Stock Exchange, and since March 2005, the two partners have been calculating and disseminating the ROTX jointly. Since autumn 2006 Wiener Boerse has been disseminating the BET, the leading index of the Bucharest Stock Exchange, and as of July 2007, financial information providers to VSE data can receive data from the Bucharest Stock Exchange via their existing datafeed as well. Biography Maria Velentza Mr. Heinrich Schaller is Member of the Board of Vienna Stock Exchange. Mr. Schaller’s expertise spans over twenty years in the banking sector. His career started in Raiffeisen Zentralbank. In October 2000 he became a Deputy Chairman of the Management Board of Reiffeisenlandesbank responsible for the security, treasury, sales and marketing. Mr. Schaller is on his current position since June 2006 after being a Member of the Managing Board of Reiffeisen Oberosterreich Aktiengesellschaft in the period 2004 – 2006. speakers and project promoters 04_speakers_v4.qxp Head, Securities Markets Unit, DG Internal Market and Services European Commission Contacts Presentation Vienna Stock Exchange – International Expertise and Know How in the Modern Capital Markets The Vienna Stock Exchange at a glance. Wiener Boerse (the Vienna Stock Exchange), founded in 1771 and one of the world’s oldest exchanges, today is a modern, customer and service oriented financial services company. As the only securities exchange in Austria it plays a pivotal role in the Austrian capital market. The core business of Wiener Börse is to operate cash market trading (equity market, bond market) and a derivatives market as well as trading in structured products. The stable ownership – 50% are owned by Austrian banks, 50% by its issuers – assures Wiener Börse’s independence. Wiener Börse has developed into a dynamically growing international niche player during recent years. The ATX, the leading index of Wiener Börse, has been on a steep rise since 2002. Market capitalization and trading volumes multiplicated during the same period of time. A very attractive financial marketplace. tel. +32 2 295 17 23 fax +32 2 295 56 06 e-mail : [email protected] Biography Maria Velentza is the acting head of unit of the Securities Markets of the European Commission. She was born in Athens, Greece and has the Greek nationality. She's a graduate of the German School of Athens and studied law at the University of Athens. She continued her post-university studies (DEA en Droit Communautaire) in European Law in Paris, Sorbonne (Paris II). She qualified as a lawyer in Greece in 1990. She has been working in the Commission since 1991 as a legal advisor in various sectors: enterprise policy (focussing small and medium sized enterprises); freedom of establishment and free movement of professionals and services; banking, insurance and payment systems; better regulation, contract law, precautionary principle, late payments directive; pharmaceuticals. She has been working in her current unit since October 2002. Her main 51 04_speakers_v4.qxp 06/11/2007 14.42 Page 52 responsibility are institutional and legal aspects of the securities markets, transposition and implementation issues, regulatory policy (for instance in the context of the "MIFID" and Prospectus directives), EU-Us relations and supervisory convergence. She is fluent in Greek, German, French, English and Spanish and she understands Italian and Portuguese. She has acquired some basic knowledge in Dutch and Swedish. ment, investment and cooperation projects implementation. Between years 1993 and 1995 Mr. Barzashky was posted as Deputy Minister of Trade when his responsibilities were focused on the Management, Coordination and Administration of Privatization process; Foreign Investments and Business Cooperation. He has qualifications in the Management of Economics, Business Development projects, Marketing and Investments. Presentation 2.2 The Government Supporting Programmes for SME sector in Bulgaria Internationalisation of SMEs: Support Services and Financing Bulgaria’s full EU membership from 1st of January 2007 is opening up many new opportunities for Bulgarian enterprises. Now more than ever it is necessary to enhance the competitiveness of Bulgarian companies and their capability to withstand the competitive pressure of the market forces. This calls for a targeted and efficient government policy in support of SME sector the role of which in the national economy is steadily increasing. For many years the Bulgarian Government strives to pursue a consistent policy for promotion of enterprises. The Programmes supporting the SME sector in Bulgaria are focused on: Support to the technological development and innovations aimed at development of knowledge based economy increasing the innovative potential of enterprises; Promotion of Investments in SME sector; Information and Consulting services and SME Training; Promotion of SME Internationalisation. Valentina Alexandrova Director, Investment and Legal Services Department Invest Bulgaria Agency, Bulgaria Contacts tel. +359 2 98 01 326 fax +359 2 98 74 211 e-mail : [email protected] Raffaele Boldracchi Principal Manager, Official Co-financing Unit EBRD speakers and project promoters Biography Ms. Valentina Alexandrova from Sofia, Bulgaria currently a Director of “Investment and Legal Services” Dpmt. at InvestBulgaria Agency under the Ministry of Economy and Energy. She has been in this position for six years now. Her current responsibilities include close cooperation with investors in Bulgaria and the central and local administration, the local business community, information and legal services to Bulgarian and foreign investors regarding legal structure, investment climate, administrative procedures, taxation, labour, investment marketing, special responsibilities under Investment Encouragement Act. Previous experience: investment officer at BulgarianAmerican Equity investment fund Caresbac for J/V with SMEs in Bulgaria – funded by USAID and EBRD; University of Delaware in Bulgaria program in marketing and management consulting, English language training, etc. Private business for consulting in marketing, business planning for SMEs, PR. Specializations on Foreign investment promotion and practices in: Tokyo – Japan; Vienna – Austria, Chicago – USA, and others. Presentation Bulgaria – Unique Investment Location Stanimir Barzashky Executive Director Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), Bulgaria Contacts tel. +44 207338 6629 e-mail : [email protected] Biography Raffaele Boldracchi joined the EBRD’s Official Co-financing Unit in July 2003. He’s managing the TC and Official co-financing funds provided to the Bank by multilateral donors like the European Union (New members States, EAR and CARDS Countries of operations) and the CEI, as well as by bilateral donors like Italy, France, Luxemburg and Greece. He’s also responsible for the overall monitoring and reconciliation of the EBRD’s Official Co-financing Investments Grant and Loans contributions received from Donors and/or IFIs like EIB, KfW, WB, IFC, etc. Between 1993 and 2003 he assisted the European commission in the formulation, management and evaluation of TC projects and programs funded by the EU under the PHARE, TACIS and MEDA Programs. Between 1989 and 1993 he managed the SE Asian activities of a company belonging to the “Mediobanca” Group. Between 1981 and 1988 he provided technical assistance services in the frame of TC projects funded by the Italian Government and the United Nations. He’s member of the Royal Institute of International Affairs – Chatham House in London and of the Academy of Political Science of New York. Presentation Contacts tel. +359 2 93 29 211 fax +35 92 98 05 869 e-mail : [email protected] Biography Stanimir Barzashky is CEO of Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA) since September 2004, when the institution was established with the Ministry of Economy and Energy of Republic of Bulgaria. BSMEPA is in charge of implementing the Bulgarian Government policy in the field of small and medium enterprises (SME) and entrepreneurship development by providing to the businesses products and services such as Business Information, Consulting and Training, SME Internationalization and Promotion. BSMEPA is managing the National Innovation Fund and is working on the implementation of EU and other Donors Support Programmes. These services are provided also through the 26 Agency’s Regional Offices. Mr. Barzashky has previously occupied leader positions in Business consulting entities – with responsibilities in the Management and Administration of business develop- 52 Enhancing access to credit and providing innovative services to strengthen the competitiveness of the Micro and Small Enterprise (MSE) sector. The role of the Donors funded EBRD Technical Cooperation Programme The EBRD mobilises donor grants to implement technical cooperation assignments supporting the Bank’s investments in countries of operations. The Official Co-financing Unit (OCU) is managing the Technical Cooperation (TC) Funds Programme and the co-financing grant contributions and loans provided by donors and IFIs. In 2006, the EBRD’s investments in the countries of operations benefited from Donors’ grant contributions of 80 million EUR aimed at the implementation of TC assignments as well as by official co-financing grant and/or loans contributions totalling 1.4 billion EUR. The donors contribution proved to be expedient in supporting the EBRD investments aimed at strengthening the competitiveness of the MSE sector. The EBRD has developed a policy to support banks and financial institutions that have a clear institutional commitment to MSEs. Since 1992, more than EUR11.4 billion has been provided by the EBRD’s small business lending programmes to support micro, small and medium-sized enterprises. To maximise the leverage of its funding, the Bank also provides technical assistance which focuses in institution building and creating MSE lending expertise. By the end 06/11/2007 14.42 Page 53 of 2006, donor agencies have contributed EUR 336.1 million to the EBRD’s MSEs programmes. Of this, EUR 172.5 million was for ‘technical cooperation’ advisers and ?163.6 million was in the form of credit lines, risk-sharing funds and other direct investments in MSE financial institutions. In May 2006 the EBRD launched its Sustainable Energy Initiative which aims to double EBRD investments in sustainable energy in its countries of operation to EUR 1.5 billion in the period 2006-2008. The Initiative has six components including “Sustainable energy financing facilities (SEFFs)” through financial intermediaries. The SEFFs are credit lines or guarantees provided by the EBRD to local banks in its countries of operations. Those local partner banks then on-lend the funds to borrowers undertaking sustainable energy projects in the corporate, municipal and residential sectors. Alongside the credit line or guarantee, technical consultants funded by donors will be engaged to assist prospective borrowers in preparing energy efficiency or renewable energy projects. The EBRD’s Trade Facilitation Programme (TFP) aims to promote foreign trade to, from and within central and eastern Europe and the Commonwealth of Independent States. Through the programme, the EBRD provides guarantees to international confirming banks, taking the political and commercial payment risk of international trade transactions undertaken by banks in the EBRD’s countries of operations (the issuing banks). A wide number of donors financially support the TFP through risk-sharing funds enabling the EBRD to provide longer tenors and take higher exposures in trade transactions. Contacts tel. +331 4 52 49 707 fax +331 4 52 49 335 e-mail : [email protected] Biography Antonio Fanelli is currently Deputy Head of the Investment Compact for South East Europe at the OECD. He joined the Directorate for Enterprise and Fiscal Affairs of the OECD in 2001, having previously worked at the EBRD as Principal Banker in London and in Albania. Antonio Fanelli holds a B.A Economics from Universita´ Bocconi, Milan, Italy, and a Master Degree on International Economics from the University of Sussex (UK). Areas of work: SME and FDI policies in South East Europe. Presentation SME Policy in the Western Balkans: strengths and weaknesses The presentation will focus the evaluation of the SME policy conducted by the OECD Investment Compact and the EC in the framework of the process of implementation of the European Charter for Small Enterprises. In particular it will look at the role of government agencies in providing guidance and support services to exporters and innovative SMEs. Francesco D’ Aprile Daniela Fiori President Italian Association of Management Consultant (APCO), Partner P&D consulting Srl, Italy Contacts tel. +39 080 564 8544 // +39 178 270 1000 e-mail : [email protected] Biography State Aid and Technical Harmonization Attaché Permanent Representation of Italy to the European Union Contacts tel. +32 2 22 00 408 fax +32 2 22 00 483 e-mail : [email protected] Francesco D’Aprile, partner of P&D Consultant srl, a management consulting firm based in Bari, Italy, supports Italian and foreign enterprises and organizations in Strategy and Business Development projects, Internationalization of business in foreign markets, especially in new developing Countries. Mr D’Aprile, CMC – Certified Management Consultant, is Vice Chair of ICMCI (International Council of Management Consulting Institute), the only NGO of UN on management Consultancy with 44 Countries involved, President of APCO, Italian Association of Management Consultant, Italian Representative in BEST Expert Group at Enterprise Directorate General Unit E.1 Entrepreneurship of European Commission, Brussels. From 1989, he has experience with international project on brand strategy, corporate and product placement, new markets development, business plan development and implementation support, planning, project management and solution implementation, then assisting and facilitating firms in raising capital to grow their businesses or to restructure the companies. At now he his involved in international projects on business development and strategic partners research in China, Russia, Ukraine, Croatia and Bulgaria. Mr D’Aprile gave public seminars, consulted and conducted training programs for senior executives at various universities (such as Tsinghua University, Beijing, China), industry associations (such as China Enterprise Confederation, Croatian Enterprise Association), Consultants Associations (such as Croatian Association of Management Consultant) , Chamber of Commerce (such as Bulgarian Chamber of Commerce and Italian Chamber of Commerce in Bulgaria) and some Stateowned and private enterprises. Biography Presentation Presentation Managing Internationalization process and win in the global market. Human Capital and SME Internationalization. Case History Internationalization of SME, a European strategy in the framework of the Competitiveness and Innovation Program 2006/2013 A graduate in Social Science (University of Rome) and holding a Master Degree in Small Business Management, Daniela Fiori has made a career of enterprise creation and SME development in Italy, Europe and numerous developing countries. Her formative assignments included agriculture, infrastructure and enterprise development in Mozambique, Algeria and People’s republic of China. Between 1992-95 she was the Italian Ministry of Foreign Affairs’ senior expert on enterprise creation and SME development for Nicaragua, Mozambique, Colombia and El Salvador. In 1998 she was the senior training expert for AIDDA (Italian Association of Women Entrepreneurs) in Bosnia Herzegovina as part of the EU/PHARE’s “Women Entrepreneurs Development Program” From 1998-2000 she served as the International Labor Organization’s senior specialist for Enterprise and Cooperative Development, based in Zimbabwe, covering Southern Africa. Since 1994 to 2006 she has served at the Italian Ministry Of Industry and Trade Head of the SME Development Unit, representing Italian Government at the EU Brussels, at CEI and as Deputy Chair of the OECD’s Working Party on SMEs and Entrepreneurship. In 2003/04 she has served as CPA-South’s SME development expert throughout Southern Iraq and in 2006 as senior advisor on SME Development at UNIDO Vietnam. At present she is attaché State Aid and Technical Harmonization at the Italian Permanent Representation to the European Union in Brussels. Antonio Fanelli Slavica Singer Deputy Head, OECD Investment Compact Organization for Economic Cooperation and Development, France Board Chair CEPOR – SMEs and Entrepreneurship Policy Centre, Croatia speakers and project promoters 04_speakers_v4.qxp 53 04_speakers_v4.qxp 06/11/2007 14.42 Page 54 Contacts tel. +385 1 23 05 363 fax +385 1 23 45 577 e-mail : [email protected] Biography speakers and project promoters Slavica Singer is Professor of Entrepreneurship and Strategic Management, and the Director of the Graduate Program in Entrepreneurship (www.pspefos.hr) at the J.J. Strossmayer University in Osijek, Croatia. Ms. Singer chairs the board of the CEPOR – SMEs and Entrepreneurhsip Policy Centre in Zagreb, Croatia (www.cepor.hr), which is involved in surveys and advocacy activities focused on policy issues relevant for entrepreneurship and SME sector (administrative barriers, access to financial market instruments, training and education focused on needs of people interested in self-employment and owners of growing SMEs...). Ms. Singer has been engaged in the field of entrepreneurship and small business development for over thirty years. Her whole academic career is focused on development issues, ranging from regional development to the development of individual and institutional capacity for entrepreneurship, with excellent experience in micro lending and lending to SMEs, as being a founder and board member of NOA, micro credit institution – www.noa.hr). In 2003 and 2004 Ms. Singer led the project on developing a training model for growing SMEs, which was financially supported by the Government of Croatia and European Training Foundation. In the period from 2004 to 2007, Ms. Singer participated in several projects focused on SMEs issues in Croatia, financed by European Commission and OECD. Ms. Singer leads Croatian Global Entrepreneurship Monitor team, from 2002. Ms. Singer is a member of Croatian Competitiveness Council and Croatian Club of Rome. Presentation Croatian efforts in internationalization of SMEs: support services and financing Low level of export orientation of Croatian SMEs was identified as a serious problem in all Global Entrepreneurship Monitor Surveys in which Croatia participated (from 2002). Reasons for that were found in low level of innovativeness, lack of information about foreign market, but also in issues of time consuming and high costs of customs administration, insufficient fulfillment of health, safety and technical standards and inadequate property rights protection. As a result of those findings, Croatian government introduced some support services (access to information, trainings) and financing schemes (for SMEs investing in innovative activities, as well as in clustering). It is a long term process, which requires coordinated and consistent approach in order to boost export orientation of Croatian SMEs. Daniel Ivarsson Chief, Office for Arab States, Europe and the CIS International Trade Centre Switzerland Contacts especially at border crossings; little access to quality services for trade development; and low skills among SMEs in putting such services to good use. ITC is addressing most of these challenges in its different programmes. ITC Responses Export strategies: ITC deals with strategies for enhancing exports (and, indeed, the international competitiveness at large of SMEs) at sectoral and national level. Sectoral strategies are usually worked out using a value chain approach, with all parties involved contributing to the process. Much of the value chain analysis and the outlining of strategy is done at workshops where the different actors in the sector work together to get a common understanding of the situation and what it requires. The formalisation of the findings and conclusions into a strategy document is usually done by local experts representing the sector. Highlevel, formal adoption of the final strategy is important for ensuring that it will work, and mechanisms must be in place for its monitoring and updating. National export strategies typically comprise a number of sectoral strategies (which may be worked out as above) but should also cover cross-sectoral issues and has to include a comprehensive set of agreed measures for implementation. Based on a common vision and commitment of the private and public sector partners, the strategy management has to cover different perspectives. The process needs the active, long term participation by and contributions from a strategy support network (for institutional and policy backing) and a services delivery network (for achieving results at sector and enterprise level). Trade information: ITC’s work with trade information covers both the information itself and its management. Several large trade data bases, easily accessible via the Internet, are available at ITC. They cover e.g. imports and exports; market access conditions, especially tariff levels; and trade treaties. They are regularly and rapidly updated and feature facilities for easy analysis of the information contained. Trade data are collected from various sources close to where the information is first generated. They undergo thorough review and enhancement, e.g. using mirror statistics, in order to increase precision and reliability, before being made available to users. At the same time, good trade information is of little or no utility if it is not properly used. For this reason, ITC offers capacity building in trade information management as well as training in the use of its data bases. One objective is to help policy makers use trade information properly for analysing a country’s apparent competitiveness and the export potential of various products, identifying those most likely to provide opportunities for improved trade. Another objective is to help trade support institutions and individual enterprises take operational decisions about which product to sell in which market, as a function of demand and competition. In ITC’s countries of operations, trade information is usually provided from many different sources through a variety of channels. ITC advises these trade information providers on their policies, organisation and operations, and promotes networking between them. Trade support institutions: From ITC’s point of view, trade support institutions (“TSIs”) are essential means for helping SMEs become and remain internationally competitive. Among the TSIs one finds not only the official trade promotion agencies but also e.g. chambers of commerce, trade associations, certification and accreditation bodies, and the consulting industry at large. ITC advises on the organisation and operations of TSIs in a country and provides capacity building building for their staff, both on the delivery of trade support services and on the key functional skills needed by enterprises in fields like marketing, management, quality control, packaging, legal aspects of trade, etc. ITC also has specialists for training TSIs on key sectors and products, including commodities, manufactured goods, and services. tel.+ 41 22 730 0390 fax. +41 22 730 0811 e-mail: [email protected] 2.3 Presentation Roundtable on Freight Services: Supporting Business through Transport Infrastructure Development Export strategies, trade information, and trade support institutions - three means for supporting SME internationalisation Trade challenges for SMEs: SME access to international markets is hampered by a number of factors. Those mentioned by CEI include: shortage of working capital to finance exports; lack or low level of human resources with sufficient knowledge on foreign markets and specific technical skills; weak skills in identifying foreign business opportunities and turning them into profitable ventures; limited information to locate and analyze markets; and inability to contact potential foreign customers. Others identified by ITC are: inappropriate or contradictory trade policies; lack of a strategic framework for trade development; unfavourable conditions for doing business at large, especially for SMEs; regulatory overload or uncertainty, and weak institutions for certification and accreditation; lack of harmonisation of policies, rules and practices between neighbouring countries; cumbersome and time-consuming procedures for foreign trade, 54 Asen Gagauzov Minister Ministry of Regional Development and Public Works, Bulgaria Contacts tel. +359 2 94 05 430 fax +359 2 98 72 517 e-mail : [email protected] 06/11/2007 14.43 Page 55 Biography Mr Asen Gagauzov studied at the Higher Institute of National Economy (presently University of Economics), Varna and majored in accountancy. Later he has further specialized in Economics and investment management at the University of National and World Economy, Sofia. Mr Gagauzov started his professional career with the District People’s Council in Sliven in 1980, where, up to 1993, he took the position of a senior expert and, consequently Head of the Investment Planning Division. From 1993 to 1995 he worked as a Senior inspector at the Regional Tax Office in Sliven. In 1995 Mr. Gagauzov became a deputy mayor of the city of Sliven up until 1997 when he became a Member of Parliament in the 38th National Assembly. In 1999, Mr. Gagauzov was elected a mayor of the city of Sliven. In 2001 he started his second term as an MP in the 39th National Assembly. During that time he was a Deputy Chairman of the Standing Local Self-Government and Regional Policy Committee and he was also a member of the Standing Budget Committee. He is also a former member of the Board of the National Association of Municipalities in the Republic of Bulgaria. In August 2005, Asen Gaguzov was nominated for Minister of Regional Development and Public Works. Municipality. In 2005 Mr Georgi Petarnaichev became Member of Parliament in the 40th National Assembly, Member of the Committee for Transport and Communications and Chairman of the Road Transport Hauliers Union. Mr Georgi Petarnaichev has been Minister of transport since 2005, responsible for the Road Transport. Presentation Development of intermodal transport and logistics – priority task in the Ministry of Transport’s schedule. Paolo Celentani Marketing Director of the Cargo Division Trenitalia S.p.A., Italy Presentation Contacts Development of regional road infrastructure to provide for traffic of people, goods and services tel. +39 06 44 10 5482 fax +39 06 44 10 2719 e-mail : [email protected] Existing problems A great number of roads have not been repaired for more than 20 years. It is required however that a periodic maintenance is planned for every 5 to 7 years, and an overall maintenance and repairs is done every 12 years. Most of the third-class roads need reconstruction in order to reach the standards set for such roads. Horizontal policies The implementation of EU Structural funds shall be in compliance with the Community’s horizontal policies as required by the European regulations. In particular, the objectives of the funds should be achieved within the framework of sustainable development, for improvement and protection of the environment as encouraged by the Community. National infrastructure priorities and objectives The most important instrument for the implementation of the common “regional policy” in the period 2007 – 2013 is the European Regional Development Fund (ERDF). The grants from this Fund are mainly used, through the national programmes, for improvement of the national road infrastructure condition and for supporting its development. Eligible activities and indicative budget Activities eligible for funding according to Operation 2.1 of Operational Programme Regional Development, are: Rehabilitation, reconstruction, repairing and renovation of second-class roads out of the Trans-European network (TEN), and of third-class roads; Improvement of the transport connections to specific areas and improvement of the infrastructure outside the built-up areas – access to harbours, airports, dung-hills, etc.; Grant schemes for municipal roads within the agglomeration areas of the municipalities, as listed in Annex ? 3 to Operational Programme Regional Development. Georgi Petarnaichev Deputy Minister Ministry of Transport, Bulgaria Contacts tel. +359 2 94 09 771 fax +359 2 98 85 094 e-mail : [email protected] Biography Mr Georgi Petarnaichev studied in the National Sport Academy between 1985 and 1989. In 1989 he graduated at the academy with two specialities: Motor Sport and Pedagogy. Mr Petarnaichev is Honored Master of Motor Sport. From 1980 until 1989 he was Head of Sport-Technical Centre, Deputy Director and Director of the STATE ROAD TRANSPORT ENTERPRISE – PESHTERA. Between 1989 and 1992 he was General Director of PESHTERA TRANSPORT. From 1992 until 1995 Mr Petarnaichev was Manager of DAFKO TRANS LTD. From 1995 until 2005 Georgi Petarnaichev was Mayor of Peshtera City Biography Paolo Celentani was born in Naples on January 1, 1956. He was educated in Naples where he obtained a Degree in Economics and Commerce at the Naples University. He then took Specialisation courses at the Bocconi SDA in Milan. After that he started his career gaining extensive experience in the fields of marketing, economic analysis and later of strategic planning, as a University Professor, as a Consultant and a professional economist for the Tourist and the Food industry. His work as a Partner in a Consulting firm later brought him to consult for the Italian Railways FS in Strategic Planning in 1994. Since then he has been a Manager in FS, while still continuing to be part time Strategy Professor. In the period 2000 - 2005 years he has been Director of the Strategy Department of Trenitalia, the Italian leading train operator, both passengers and freight. In 2006 he has been manager of the strategic projects of asset valorization inside the real Estate Company of the group. He is now the Marketing Director of Trenitalia, cargo Division Presentation The rail cargo business lifecycle In 2001 the EU Commission, in his with paper on transport, wrote that railways, after two centuries from its introduction, has still a not expressed potential, and from their performance depends the success of the re-equilibrium between the transport modes. Considering western Europe rail systems, it is quite easy to observe a “product life cycle” for the rail mode: the introduction phase in the first half of the nineteen century, the long development phase lasted a full century, a maturity phase started after world war two, and a decline phase started in the eighties of the 20th , that brought almost in every European country to a deep rail budget crisis and, during the nineties, to number of public decisions, both at national and at EU Commission level, in order to reform, liberalize and/or privatize the national public owned operator, with the objective of re-vitalize the railways and to reduce the public spending. Il is particularly important today, at the beginning of a decision path, that has to create the European rail freight corridors, and will involve massive investments, what is the “state of health” of the rail modality, particularly in freight. The most relevant indicators seems to be: the traffic growth rate; the traffic market share evolution; the bottom line of the main operators; the expectations of the investors. In the last three year it is under view a clear trend inversion toward a new phase of development, and so the “re-vitalization dilemma “ has more possibility to be solved in positive terms. The caused behind a new competitive attitude of the railway mode can be found in different domains: the more direct competitive modes, mainly road and air, have exhausted or reduced the development potential and have serious problems of congestion; the income elasticity of mobility demand put pressure on the demand side; the remotization of the production processes bring to a primary role of the logistic services; the security problem and the tension on energy cost reduce the pressure of the just-in-time and bring to a higher optimal shipping size. The policies for a sustainable transport tend to be more effective. If these trends will be confirmed, the train will have to play a more important role, particularly if the new infrastructure corridors will enable it lo deliver more effi- speakers and project promoters 04_speakers_v4.qxp 55 04_speakers_v4.qxp 06/11/2007 14.43 Page 56 cient and more effective services. In fact the scale economies of the train are able to reduce the cost per tonne if the infrastructure will support heavier and longer trains and the reliability of the service will be improved if there will be interoperability. Neighbouring Countries and the Infrastructure Steering Group..He started his career in the Dutch Ministry of Transport, working on the liberalization of road freight transport in the EU. Presentation Engelhart Günther Market demand for reliable, high quality transport services: Constraints and Opportunities for Rail Freight Head, Cargo and Logistic Rail Cargo Austria (RCA) Shifting focus in European Transport Policy: Environmental concerns; Energy conservation concerns; Globalization causing shifting trading and logistical patterns Rapidly increasing opportunities for rail transport: High speed rail passenger services competing with car and regional airlines; Market oriented new rail freight products. Legal framework for railway reforms has been set by EC through Directive 91/440 and the 1st, 2nd, and 3rd Railway Package, providing basic conditions for a market oriented, competitive and innovative railway sector. Remaining challenges to create a level playing field for fair competition: Getting the prices right, i.e. internalize external costs for all modes of transport; Improve financial stability of railways by eliminating cross-subsidies, adequate compensation of public service obligations, and budgetary support for maintenance of infrastructure; Support provision of uninterrupted cross-border railway services. Contacts tel. +43 930 00 33 770 fax +43 930 00 33 770 e-mail : [email protected] Biography speakers and project promoters Mr. Engelhart heads the division Cargo & Logistics. His current tasks comprise management functions as well as duties resulting from various boards (Chem Freight, Epsylon Logistics, Express Interfracht, Pro rail, Express Italia). Mr. Engelhart’s professional expertise spans over 25 years. Starting as job trainer and personal coach at Rail Cargo Austria, he became head of the automotive division. His tasks comprised key account management (VW, Fiat, BMW, Opel, Magna) and acquisition of new business partners. At the beginning of 2000, he was in charge of sales and assistant manager of commercial transport. Since 2005, Mr. Engelhart is head of Rail Cargo Austria, a leading company in logistics with a turnover of approximately ? 650 million and 135 employees. Chief Executive Officer TX Logistik AG, Germany Presentation Cooperation between Trenitalia and RCA to create efficient rail services between Eastern and Western European hubs Initially, the presentation starts with a short introduction of the company. After that, Mr. Engelhart is going to describe how RCA and Trenitalia successfully collaborate in a competitive market environment by providing facts and figures. He will talk about the way how RCA provides innovative logistic services for the CEE market and how supply chains can be managed effectively on a European scale. The speech is basically divided into the following parts: Brief description of RCA; Description of sales structure; Supply chains with regard to country relations; Collaboration with Trenitalia; S. Stino warehouse; Question and answer session. Paul Guitink Senior Policy Adviser Central and Eastern Europe Community of European Railways and Infrastructure Companies (CER), Belgium Contacts tel. +49 222 477 9220 fax +49 222 477 914 220 e-mail : [email protected] Biography Mr. Mohnsen is CEO of TX Logistik AG, one of the leading European freight railways, founded just 8 years ago. In addition to this function Mr. Mohnsen is also Director of International Development for Trenitalia Cargo since 2004. Prior to his engagement in Trenitalia Mr. Mohnsen was member of the board of DB Cargo where he was responsible for the freight logistic division, which represents 80 % of the DB Cargo (now Railion) turnover. Mr. Mohnsen´s background is strongly connected to international logistics activities and for 12 years he was managing director of Hellmann Worldwide Logistics, one of the leading privately owned forwarding companies in Europe and worldwide. With his strong logistics background Mr. Mohnsen helps developing TX Logistik from a pure railway traction company into a logistics service provider with a core competence in railway business. Contacts Presentation tel. +32 2 213 0881 fax +32 2 512 5231 e-mail : [email protected] The role of a new comer in the perspective of market liberalization Biography Since June 2007 Paul Guitink, a Dutch national, is the Senior Railways Policy Adviser for Central and Eastern Europe in the Community of European Railways and Infrastructure Companies (CER) in Brussels. He has over 30 years of experience in the transport sector, working primarily in road and rail transport, but also having managed an airport runway rehabilitation project in Lima, Peru. Before joining CER, he worked for 15 years as a Task Team Leader and Program Team Leader in the World Bank, managing and/or advising on transport projects in various Latin American, African, and South Asian countries. The past 4 years he was based in Skopje, FYROM, as Program Team Leader for a regional South Eastern European Trade and Transport Facilitation program that focused on the removal of physical and procedural border crossing bottlenecks to trade and transport. He also represented the Bank in regional Central and Eastern European fora with other international financing institutions and the European Commission, such as the High Level Group on Extension of the Core Transport Network into 56 Karl Michael Mohnsen The presentation will discuss “The role of a new comer in the perspective of market liberalization”, analyzing the organizational structure and the history of the “TXLogistik”, with a particular focus on the countries of operation and the combined network solutions. Pencho Popov Director, Central Freight Division National Railway Operator (BDZ), Bulgaria Contacts tel. +359 2 93 24 505 fax +359 2 98 77 983 e-mail : [email protected] 06/11/2007 14.43 Page 57 Biography Pencho Popov is responsible for commercial activities of the Bulgarian State railways and for operation and repair works of the freight wagons fleet. Pencho Popov had finished in 1993 High Transport School in Sofia and after this he is working in Bulgarian State Railways (BDZ). From 1996 he is working in the Commercial department of the Head office of BDZ and from 2005 he was appointed as a Director Freight Transports. Presentation Perspectives for development of the railway freight transports in Bulgaria Less than a year since the Bulgaria joined to the EU, railway freight transport is in front of new challenges and meet very high pressure from the competition. Physically and old-fashioned rolling stock and low efficiency of BDZ, continue to give bad influence to the activity and to the financial status of the railway company. In 2006 by BDZ are transported 21,2 million tons, which is 4,5% increase by comparison with 2005. Favorable tendencies for increase of the international railway transports and of the combined transports are accompanied by negative tendency of transferring to the road transport of the goods that are traditionally carried by rail, due to the bad technical condition of the railway infrastructure, lack of freight wagons and bad status of locomotives. Taking into account growing of the inquiries of the customers from metal industry, EU efforts for encouragement the eco transports and entering in the transport market of the new private railway carriers, we can get to conclusion, that after 10 years railway transports of freights will be with double volume. Reaching the forecasts for development of the railway freight transports depends extremely on successful implementation of the governmental policy in the transport area, by: timely implementation of all strategic projects for improvement and modernization of the transport infrastructure; investments in terminals for combined transports and loading facilities; delivery of new freight wagons – open top, covered and flat wagons; successful restructuring of BDZ by dividing of the business activities – freight transports, passenger transports, traction and separating of the parallel activities. countries experienced major increases in the market share of road transport both for passengers and freight. Some research suggests that these increases have been even larger than the jump of 50% to 70% for EU15 states (between 1980 and the last few years) and 76% to 80% for passenger traffic. The growth rates for trade that could typically be expected to pass through Corridor V countries have been significantly higher than for the EU 15 region. For example, between 1995 and 2001, exports of goods from the EU to eastern Europe Countries (including the Former Soviet Union) increased by around 50% compared to 11% for the EU. In 2001, some 70% of eastern European countries’ imports and 60% of exports were to and from western European countries. In this context, in the last two years the development of key projects regarding the Pan-European Corridors accelerated. A strong effort should be made to establish an adequate institutional framework to support the transferring of transport policies from national to international vision and approach. The funds for the cross-border and transnational cooperation, together with the TEN-T budget that will be available during the 2007-2013 period will represent an incredible opportunity to achieve the ambitious objective concerning the implementation of a modern transport intermodal network in Europe within 2020. Luisa Velardi Trenitalia’s Strategy Director Ferrovie dello Stato S.p.A., Italy Contacts tel. +39 06 44 105 948 fax +39 06 44 106 277 e-mail : [email protected] Biography Giuseppe Razza General Manager Pan-European Corridor V Technical Secretariat Contacts tel. +39 335 63 87854 fax +39 040 77 86782 e-mail: [email protected] Biography Mr. Razza graduated from the University of Trieste (Italy) as Civil Engineer on 1986 (110/110 cum laude-with honours). He has a broad experience (21 years) in dealing with programmes and projects managed by international organisations and institutions (European Bank for Reconstruction and Development, European Commission, United Nations, World Bank, Central European Initiative, etc.) where he worked as General Manager, Director or Team Leader in Central and Eastern Europe. He has been the personal assistant of many Ministers (Italian Minister of Environment, Italian Minister of Transport and Navy, Italian Minister of Foreign Affairs, 2 Prime Ministers and 11 Ministers of Central and Eastern European Countries). During his assignments he finalised numerous national strategies and plan. He is actually the General Manager of the Corridor V Secretariat established to support the Steering Committee of the Ministries of Infrastructure and Transport of the Corridor V Member States (Italy, Slovenia, Hungary, Ukraine, Slovakia, Croatia and Bosnia and Herzegovina). Presentation Corridor V Development In the context of Eastern European countries, there are specific factors that go towards making the case for transport improvements between the Member States in question. For example, for the ten new member states that joined the EU in 2004, cross border traffic is anticipated to grow by 3-4% per year to 2015. Freight transport demand is estimated to increase by an average of 7% per year over the same period. Between 1990 and 2005, eastern European Luisa Velardi, Italian Railways, is a Transport Engineer, a graduate of Milan Polytechnic. During her career she has worked at the Public Transport (Urban and Regional) Companies of Milan and Rome, the Italian Railways and the World Bank. She began as a consultant in the field of transport planning and design for public and private transport companies, prior to joining (1986) the planning department of the Milan Urban Transport Company (ATM). In 1991, she joined FS (Italian State Railway Company), where she worked in the Transport Strategy, Planning and Control Department. In this role, she participated in the most important phases of the FS restructuring and privatization process and collaborated on the preparation of the business plan for the conversion of FS to a joint-stock Company. During this period she was also seconded to the Rome Public Transport Companies ATAC and COTRAL where she worked as Planning Service Manager (1994 to 1995) and to the Italian Ministry of Transport where she served as Head of Service Planning for 16 Railway Franchise Companies (1997 to 1999). From 1999 to 2002 she was Co-Director for the Centre-North of Italy of the FS Regional Transport Division. In 2002 she joined the World Bank, based in Washington, as Senior Transport Specialist where she participated in various projects in Africa and East and Central Europe. In 2004 she returned to FS and was appointed Executive Assistant to the Chairman and CEO. In February 2006 she was appointed Vice Director of Regional Transport. Since November 2006 she is the Director of the Strategy Department of Trenitalia, the railway undertaking of the FS Group, dealing also with international items and representing the company in several European and international bodies. speakers and project promoters 04_speakers_v4.qxp Presentation Roundtable on Freight Services: Supporting Business through Transport Infrastructure Development The focus of the roundtable will be on the changes necessary in service models and organization of railway undertakings to respond to market needs, rather than purely on the infrastructural investments in rail networks. The panel will discuss how to fill the gap between customer expectations and service provided, to enhance the use of infrastructural assets and, as a consequence, stimulate the interest of financial and institutional investors on infrastructural development. In particular case studies on improving efficiency and effectiveness in the railways offering will be examined, such as: efforts to achieve locomotives interoperability; need for on board staff and loco drivers interoperability; logic behind the construction of a terminal network; development of advanced logistic services integrating rail transport in a door-to-door logic. 57 04_speakers_v4.qxp 06/11/2007 14.43 Page 58 2.4 Presentation Women in Action - The Driving Force of the United Europe Women in economic decision-making Emilia Maslarova Minister Ministry of Labour and Social Policy, Bulgaria Contacts tel. +359 2 81 19 443 fax +359 2 98 84 405 e-mail : [email protected] speakers and project promoters Biography Mrs Emilia Maslarova graduated from the University of National and World Economy in 1972 and specialized in the Economy Institute of the Bulgarian Academy of Sciences in 1983 where she became a PhD in Economy. Mrs. Maslarova was Senior Research Associate with the Tracia University in Stara Zagora. Between 1989 and 1990, Emilia Maslarova worked as Senior Research Associate and lecturer and head of section in the Ministry of Economy and Planning. From 1990 until 1991 she was Minister of Employment and Social Affairs and in 1992 became President of the Democratic Union of Women. In the period 1995-1997 Emilia Maslarova was Director of the Bulgarian Foreign Investment Agency. She was member of the 9th Grand National Assembly, as well as of the 38th and 39th National Assembly. From 2001 to 2005 she was Deputy-Chairperson of the National Assembly’s Labour and Social Policy Committee and member of the Healthcare Committee. In August 2005, Emilia Maslarova was nominated for Minister of Labour and Social Policy. Etta Carignani Secretary General World Association of Women Entrepreneurs (FCEM), Italy Contacts tel. +39 0 40 761 620 fax +39 0 40 639 682 e-mail : [email protected] Biography Maria Enrichetta Melzi Carignani di Novoli resides in Trieste (Italy) in via G. Murat 1/1. Awarded with the Honour of Knight of Grand Cross to the Order of Merit of the Italian Republic, ( 2005) by the President of the Republic. Awarded with the Honour of Knight Officer of the Order of the Golden Lion, (2002) by the President Maitre Abdoulaye Wade during her visit in Senegal on account of “her efforts for the development of female entrepreneurial activity”. Awarded with the Honour of Knight of the National Order of the Legion of Honour for the services provided during the Gulf War as Honorary Consul of France in Trieste (2001) by the President of the French Republic. Awarded with the Honour of Grand Officer to the Order of Merit of the Italian Republic, (1989) by the President of the Italian Republic, on account of: “for the effort carried out with intelligence and perseverance, and with the remarkable success for the cultural and effective approaching of the components from the Friuli area and the Giulia area, maintaining a strong respect for each identity”. She is: president of the Hotel Rex Management Company of Lignano (Italy); president of G.E.C. Catering Company –Trieste; SecretaryGeneral and Commissioner for Europe of the FCEM - Les Femmes Chefs d’Entreprises Mondiales; Representative of the F.C.E.M. at the U.N. in Vienna and Geneva; Member of the Steering Committee of OECD for Middle East; National Secretariat A.N.D.E. - National Association of Women Voters and President of the Association ANDE Trieste; Honorary National President of A.I.D.D.A. – Association of Women Entrepreneurs and Women Company Managers of Italy - President of the Committee for the promotion of female entrepreneurial activity, at the Chamber of Commerce of Trieste. 58 The presentation aims to give a brief “gender overview” on the economic decision-making, where the presence of women is very low and a gender dimension has been absent from macroeconomic policies. The same is true for the international financial institutions, for the transnational corporations and for the powerful global and regional multi-lateral institutions, where women have been virtually excluded from key decision-making positions and from negotiating roles, as well as national trade policy, where the proportion of women is "insignificant". The 1995 Beijing Platform for Action emphasized that equality in decision-making is essential to the empowerment of women and that "Women's equal participation in decision-making is not only a demand for simple justice or democracy but can also be seen as a necessary condition for women's interests to be taken into account”. The Platform for Action called for all employers to build a critical mass of women managers and executives in decision-making positions. It also directed its attention to international financial institutions and transnational corporations, recognizing their potential role for the advancement of women. Nevertheless, it has been recognized that these organizations do not make full use of women's talents as top-level managers, policy-makers and negotiators preventing women from having an impact on many key issues. Over the last years private sector firms and companies have been at the centre of an accelerated process of global expansion, leading to the emergence of an international production system which accounts for a significant share of international flows of capital, technology, skills and trade. Broad societal changes, including women's access to education and employment, have helped a growing number of women enter economic and financial institutions. Increasing numbers women are found in management, but at the lower levels and it is estimated that it will take years for natural progression to significantly alter numbers at the top, assuming that there are no gender-specific barriers along the way. Today, the challenge is to define the ways and means necessary to match broader societal changes affecting women's lives with the interests and dynamics of international financial institutions and transnational corporations. The main objective should be to define measures that will increase, in a sustainable way, the participation of women as decision-makers in economic institutions and in private companies at all levels. The qualitative impact of women entrepreneurs and managers on economic culture and performance should be also recognized. The presentation wants also to stress the role of non-profit organizations in building partnerships and economic opportunities. Among these, FCEM (World Association of Women Entrepreneurs) promotes activities at the national and international level aimed at promoting women’s entrepreneurial initiative and reinforcing national associations of women business owners. FCEM: Actions for “Empowering Women’s Entrepreneurship” FCEM: Priority ICT ... FCEM is the international economic NGO leader in the development of Information and Communication Technology, for association and enterprise reinforcement and globalisation by means of the FCEMCandGo Internet Platforms. FCEM: W EWIN… “Windows of Opportunity, Women Entrepreneurs Initiative”, programme for capacity-building through training, equipping and linking of national associations and women entrepreneurs. FCEM: Access Finance, programme for financing enterprise creation and development including FCEM micro-credit partner AEMfe and BIO financing of SME in 120 eligible countries. FCEM: Partners for Progress, Lobbying, coalition and awareness building, as well as reinforcing the visibility of women entrepreneurs through Celebrations, Prizes... It is critical that women become better represented in places where men privilege tend to become institutionalised. It is recognized that society is the loser if the talents of women are under-utilized as a result of discrimination. The main objectives are: to raise and increase awareness with all economic institutions and their business members throughout the world of the benefits of the full inclusion of women in the economy - and the balanced participation and representation of women and men in decision-making processes; and to create a positive environment for women that enables them to efficiently tackle the problems they are facing in their day-to-day professional life, be it with regard to the family, the possibilities for promotion, etc., and to take part in decision-making processes, be it at corporate level, or as women entrepreneurs in economic interest representations; women entrepreneurs are the acceleration engine from developing and in transition economies to consolidated economies and therefore have great responsibilities in Digital Divide. 06/11/2007 14.43 Page 59 Jasminka Keser Head, Project Preparation and Implementation Section, SME Directorate Ministry of Economy, Labour and Entrepreneurship, Croatia Contacts tel. +385 1 61 06 370 fax +385 1 61 06 333 e-mail : [email protected] Biography Jasminka Keser is the Head of Project Preparation and Implementation Section in the SME Directorate, Project Manager for CARDS 2004 Project “Improving Information to the Croatian Business Community” and coordinator to the Department for preparation and implementation of EU programmes and projects (IPA). Her current tasks include SME operational planning and projects preparation and appraisal, SME macro analysis, international cooperation and projects of SME promotion. Ms. Keser’s expertise spans over 31 years of professional experience in ICT development of payment system, finances and accounting, financial analysis and statistics, IT implementation and evaluation, IS project management and project portfolio management in telecommunications. As former Assistant Minister of Finance and Project Director of the Croatian Government Treasury System, she has direct experience in all phases of the project from project identification and appraisal to implementation, system operations and organizational changes. Ms. Keser is especially well versed in systemic approach to economic and SME development and strategies, long term planning and budgeting and project management. As a skilled practitioner and expert, she joined project teams in appraising of National Clearing House, Croatian Banking Credit Commitments Register, Environmental Fund and projects of new Financial Laws. She is a member of the Croatian Society of Translators for Science and Technology and author of published articles/coauthor of specialized books. She won a master’s degree on Postgraduate study “Accounting, auditing and finances” on Faculty of Economics - Zagreb in the scientific filed of entrepreneurial economics. Presentation Croatian women in business Within the development of SME sector in Croatia, woman entrepreneurship has been one of the strong moving forces for overall economic and social development. Along with laws and bylaws, strategies and other systematic documents, there is the SME Development Program of Croatian Government which emphasized areas of SME encouragement as follows: competitiveness, favorable financing, entrepreneurial education and business infrastructure. In this presentation the system of projects and measures which are in the scope of named areas will be presented from the woman in entrepreneurship stand point, with relevant information, analysis of results and practical experience of projects implementation. Presentation will also provide a wider picture on woman in business in Croatia. Ewa Ruminska - Zimny Senior Social Affairs Officer Office of the Executive Secretary, United Nations Economic Commission for Europe (UNECE) Contacts tel. +412 2 91 71 698 fax +412 2 91 70 036 e-mail : [email protected] Biography Ewa Ruminska-Zimny is a senior staff at the Office of the Executive Secretary. She coordinates and initiates new projects related to gender and social issues in the context of regional reviews of the Beijing, MDGs and other UN global processes. Gender activities focus on support to mainstreaming gender into macroeconomic and sectoral policies, including SMEs development and ITC. Their objective is to raise awareness that gender equality is also an economic asset in improving country’s competitiveness and development prospects. Recently, she launched a new programme in gender and economy area for countries in Central Asia and the Caucasus within the UN Special Programme for central Asia (SPECA). www.unece.org/oes/gender. Ms. Ruminska-Zimny has PhD in international economics from the Warsaw School of Economics, Poland, where she moved up the academic ladder from lecturer to Associate Professor. She was also a visiting professor at the Georgetown University, Washington DC. She has extensive experience in policy- oriented research in socio-economic aspects of development and technical cooperation within the UN system, which includes work for the UN Secretariat (New York, DESA), UNDP (senior economist Human Development Report) and ILO. She has also field experience advising UN country offices in transition countries and civil society organizations. She is the author and editor of a number of papers and publications related to human development and gender issues, including Access to financing and ICT for women entrepreneurs (UNECE 2004). Presentation Gender Gap and Economic Policy Radka Stamenova Managing Director Meridian 22 - Company for Education and Training, Bulgaria Contacts tel. +359 2 88 73 708 fax +359 2 88 46 022 e-mail : [email protected] Biography Radka Stamenova is the owner and Managing Director of Meridian 22 Ltd. and Interbusiness Co. Both her companies were established in the early nineties of the past century as one of the first private enterprises in Bulgaria. Over the years Mrs. Stamenova gained experience in the management of various projects, the organization of seminars, workshops and exhibitions, and in the field of consultancy services. Mrs. Stamenova is the founder of five educational private establishments – a primary school, an English and German Language high school, a vocational business school, a vocational college in hospitality management, as well as of a vocational centre training specialists in various fields of business and life. Radka Stamenova is a master of science in the field of power engineering. She has worked for many years as a research associate in the Energoproekt Enterprise. She has specialized in Imperial College, London, and at the University of Leeds, UK. Mrs. Stamenova is a member of the Board of directors of the Bulgarian Chamber of Commerce and Industry, the National Chamber for Business Development, the National Association for Independent Eductaion, the National Agency for Vocational Education and Training with the Council of Ministers, and the Bulgarian-Italian Cooperation Forum. She is also a member of the Bulgarian-Swiss Chamber of Commerce, the Club of the Bulgarian Women-Entrepreneurs and Managers and the Rotary Club Sofia International. In 2000 she was elected Lady Manager of the Year by the Ministry of Economy, The Bulgarian Chamber of Commerce and Industry and the Nie Zhenite newspaper. speakers and project promoters 04_speakers_v4.qxp Presentation Lifelong Education - Challenge and Reality for Women With its admission to the European Union, Bulgaria joins the efforts of the European countries for achievement of the strategic goal of EU – the transformation of Europe into the most dynamic knowledge-based economy in the world. For the development of a successful economy it is necessary to create conditions for the realization of the process of life-long education, for the achievement of a highly competitive society based on knowledge. Life-long education is a process of a permanent acquirement of knowledge and skills in a conscious or unconscious way. The process of life-long education is realized at several levels – formal and informal training and education, and self-education. The conception of life-long education is defined in the European Strategy of Employment and accepted by the Memorandum of EC for Life-long Education (2000). With the support of the PHARE programme, a national strategy project of life-long education for the period 2007-2013 was worked out. The main objective of the Lifelong education strategy is related to the improvement 59 speakers and project promoters 04_speakers_v4.qxp 06/11/2007 14.43 Page 60 of competitiveness of labour force in the country, as well as of the national economy competitiveness by: Increase of human adaptation to the economic and social changes; Encouragement of equality and participation in all forms of professional and personal development. In the Project on the National Strategy for Life-long Education the definition includes the six key messages presented in the Life-long Education Memorandum: Comprehensive and permanent access to education aiming at mastering and updating the skills necessary for the active participation in a knowledge-based society; Increase of in human resources’ investments; Efficient methods of teaching; Participation in informal and self-education; High quality of the information and consultancy services; Bringing education most closely to the trainees’ home. Life-long education is based on two groups of interrelated skills which can be mastered separately and together. T he first group is connected with professional knowledge and skills; The second group includes the so-called portable (major) skills. The major priorities of life-long education in Bulgaria can be defined as follows: Access to life-long education; Opportunities for the acquisition and improvement of key competencies; Validation of knowledge acquired by informal and self-education; High quality and access to information; Support for social integration; Training of trainers. The following steps should be taken to achieve these priorities: Working out a relevant legal framework of life-long education; Improvement of the resources for life-long education; Adaptation of the good practice example. The following instruments should be applied: Definition of the needs of adult training; Guarantees of the quality of education; Applicability of the education results. The European Union declared 2007 for the year of equal opportunities for all people. On July 3, 2007, the National Conference “Bulgarian Women in EU” was carried out in Bulgaria. It discussed the necessary actions aiming at equality of men and women in all spheres and at all levels of life. It was underlined that life-long education and the continuous increase of qualification and accumulation of new knowledge and skills is a necessary condition for the successful realization of women at the labour market.Statistics indicate that women in Europe are more educated but less paid than men and they have less leisure time. In spite of their higher education women’s chances in finding a job in their field of education are smaller. Smaller are their opportunities for rising in their profession and career, as well as for participation in taking political and economic decisions. The number of women–entrepreneurs and managers in the small and medium business is steadily growing. According to the National Statistics Institute, as of 2003 the relative share of women-entrepreneurs in Bulgaria is approximately 1/3 of the investigated small and medium enterprises. Women-entrepreneurs in Bulgaria manage mainly small companies in the field of trade and services. The number of consultant companies managed by women significantly increases. A key element of the policy for encouragement of the establishment and development of small and medium enterprises in EU is the education and training in entrepreneurship. 2.5 ICT in SEE: Strategic Issues in Research, Technology and Deployment Nikolay Vassilev Minister Ministry of State Administration and Administrative Reform, Bulgaria Communications. Prior to that, from July 2001 until July 2003 he was Deputy Prime Minister and Minister of Economy. From 2000 to 2004, as financial adviser he worked for leading multinational companies – LAZARD CAPITAL MARKETS, UBS WARBURG and COOPERS & LYBRAND. Born in Varna, Bulgaria on 28 November 1969. Minister Vassilev has a M.A. in International Economics and Finance from the Brandeis University, Tokyo, Japan, B.S. in Business Administration, Finance and Economics from the State University of New York and B.A. in Economics and General Management from the Budapest University of Economic Sciences. Presentation With our Face to the People The presentation entitled “With our Face to the People” is making an overview on the recent developments of the E-Government in Bulgaria. The main parts of the presentation are as follows: The Bulgarian traditions in the IT sector; R & D capacity; Improved IT environment; E-Government current situation; Indicative Services of e-Government. The intervention will highlight certain good practices in the Bulgarian IT sector: “i-Bulgaria Initiative”: i-Center, i-University, i-Class, i-Net, ESi@Center. Despina Anastasiadou Director South Eastern Europe Telecommunications & Informatics Research Institute S.A., Greece Biography Dr. Despina Anastasiadou is the Director of the Southeastern Europe Telecommunications & Informatics Research Institute (INA) in Thessaloniki, Greece. She is responsible for the Institute’s strategic planning, overall scientific and administrative management and coordination of educational/training activities performed within the scope of the INA Academy, the educational arm of INA. She received her Diploma and Ph.D. degrees in electrical and electronics engineering from the Department of Electrical Engineering, University of Patras, Greece, in 1998 and 2004, respectively. Dr. Anastasiadou was worked as a teaching assistant at the Department of Electrical Engineering, University of Patras, Greece until 2003 and as a research engineer at the Research Academic Computer Technology Institute, in Patras, from October 2000 until July 2004. Her research fields include digital signal processing, embedded communications systems design and telecommunications networking, while her Ph.D. is focused on broadband Power-line communications. She joined INA in November 2004 as Head of INA’s Research and Analysis Unit, coordinating research projects and analysing the developments in the Information and Communications Technologies sector in Southeastern Europe. Since January 2006, she is the Institute’s Director. Dr. Anastasiadou is also a lecturer since 2005 at CITY College, Thessaloniki, Greece, an affiliated Institution of the University of Sheffield, UK. She teaches two Advanced Telecommunications Networking courses (MSc level). She has served as technical reviewer for International Scientific Journals and Conferences (IEEE Transactions, ACM, etc) and has authored several scientific papers. She has served as an expert reviewer for the European Commission in FP6 and FP7 programmes and as an ICT technical consultant in Southeast Europe Regional Initiatives of the Stability Pact and the International Telecommunications Union (ITU). She is a member of the IEEE and the Technical Chamber of Greece. Presentation Contacts tel. +359 02 940 11 80 fax +359 02 940 11 81 e-mail: [email protected] Biography Following the general election in June 2005, Nikolay Vassilev was appointed as Minister of State Administration and Administrative Reform on 16th August 2005. Minister Vassilev is responsible for the state administration, e-government, and human resources management. From July 2003 to August 2005 Nikolay Vassilev was Deputy Prime Minister and Minister of Transport and 60 Insights and Recommendations on IST Research & Development Policies in Eastern Europe - The GREAT-IST project perspective The presentation provides a brief insight into the work of the GREAT-IST project, highlighting in particular the policy recommendations formulated as a result of this work for the target region. The GREAT-IST is a strategic project of the European Commission under the 6th Framework Programme involving the countries of Central and Eastern Europe as targets, namely the Western Balkans, the Newly Independent States, the Associated Candidate Countries and the two recently added Member States. Its main objective was to formulate concrete and clear recommendations for the development of Research and Technological Development policies (RTD policies) for the IST sector on a national and on a regional level. Considering that the support of RTD activities is a task falling under the responsibility of different governmental bod- 04_speakers_v4.qxp 06/11/2007 14.43 Page 61 ies, the presented policy recommendations are directed towards authorities on all levels and shareholders in the sector. The document is based on the findings of the three Working Groups, establishedwithin the project, which worked in parallel and produced a set of conclusions, which were integrated into one final document, the GREAT-IST Final Report. The presentation summarizes shared visions in the target region for enlarged co-operation and will highlight the importance of challenging and innovative policies for the most promising economic sector in Europe. Effective measures and policy instruments, available to regional and national authorities, have been identified and are proposed. Sasha Bezuhanova General Manager Hewlett-Packard Bulgaria Ltd. managerial positions in Commerce Ljubljana, Representative of Foreign Firms for eleven years. His current research includes eCommerce and innovative cross-border eRegion development in the Living Labs environment. Since the beginning in 1988, he is the Committee Chair of the annual Bled eConference (http://www.BledConference.org). Currently he is a member of the Steering Group (International organizations and e-business experts) of the eBSN, European eBusiness Support Network for SMEs, E-business, ICT industry and services, Enterprise and Industry Directorate-General, European Commission ( http://ec.europa.eu/enterprise/e-bsn). As a representative of the Slovenia government, he is a member of the Central European Initiative - CEI Task Force on ICT (http://www.CEInet.org). In the eRegion Central Europe development he is active in ALADIN – ALpe ADria INitiative Universities’ Network (" http://www.ALADIN-Net.eu). In recent time he is engaged in the Portfolio Leadership Group of European Network of Living Labs, (http://www.OpenLivingLabs.eu) and in a country wide initiative of Slovenia “Innovation for Life Quality Slovenia Living Lab” (http://SloveniaLivingLab.org). Presentation Innovative eRegion Development: Opportunities for the Cross-border Collaboration tel. +359 2 96 98 942 fax +359 2 96 98 988 e-mail : [email protected] Biography Sasha started her career in Hewlett-Packard in 1994, initially as a manager of Computer System Organization, and since 1995 - General Manager of S&T Bulgaria Ltd. In 1998. When Hewlett-Packard opened its direct office in Bulgaria, Sasha Bezuhanova was invited to be the General Manager of HP Bulgaria. Since than, she has been leading Hewlett-Packard Bulgaria to achieving and maintaining its position as the most successful IT company in Bulgaria. Due to it, Sasha Bezuhanova is also the General Manager of Hewlett-Packard Global Delivery Center in Bulgaria. She’s broadly involved in different prestigious social activities in Bulgaria. Sasha Bezuhanova is long term President of BIBA, continuously a Deputy-chairman of CEIBG (Confederation of the Employers and Industrialists in Bulgaria), Member of the Board of the Bulgarian Open Society Institute, founder - Chair Person of Bulgaria ICT Cluster, Chairman of the Board of Directors of Junior Achievements Bulgaria, Member of the Board of Trustees of the American University in Bulgaria. Sasha is an honorary consul of Luxembourg for Bulgaria. For her outstanding achievements she has won a lot of prestigious corporate, ICT business community and social awards: Best Sales Manager for East Central Europe - 1993 HELLIGE, Best Young Manager in Bulgaria - 1997 Foundation EV RICA, HP European Achievers Club - 1999, several times she won the IDG award IT manager of the year (1996, 2001, 2002) and Business lady of the decade (1991-1999), T he Highest Reputation and Achievement in the Area of Corporate Management in Bulgaria of year 2003, HP Winners Summit 2006 for Excellence, Business Face of 2006 etc. Presentation Economic Growth Based on Innovation Joze Gricar Chairman, Department of Informatics University of Maribor, Slovenia The eRegion is a totality of organizations – linked by eTechnologies – of nearby countries in a circle of 200 to 500 kilometers surrounding the observation point aiming at increasing the competitiveness of each of the participating countries and the eRegion as a whole. The level of implemented telecommunication technologies and eSolutions and eServices offers the opportunities for an accelerated development and intensified links with the neighbors. Aleksandra Rakovic Expert, Working Table II - Economy Stability Pact for South Eastern Europe Contacts tel. +32 2 401 8744 fax +32 2 401 8712 e-mail : [email protected] Biography Aleksandra Rakovic is an expert in Working Table II of Stability Pact for SEE. Her main areas of expertise are investment promotion, SME and ICT development. Among her current tasks are coordination of various initiatives and projects in the ICT sector in the SEE region. Prior to her engagement within the Stability Pact she was in charge of the coordination of projects for public administration reforms within Serbian Government. Ms.Rakovic also spent eight years working within the Ministry for Foreign Economic Relations of Serbia and Montenegro being responsible for the cooperation with the World Trade Organization and UN Agencies. Her work focused on multilateral trade issues, services, agriculture, investment and competitiveness in the context of the WTO Agreements. Within the SM European Integration Office she was in charge of the coordination of the translation of the Acquis Communautaire and involved in the technical and official rounds of negotiations on the SAA. She specialized in diplomatic affairs (Diplomatic Academy, Belgrade) and holds a M.Sc in International Economics from the Faculty of Economics, University of Belgrade. speakers and project promoters Contacts Presentation Contacts tel. +386 4 23 74 291 fax +386 4 23 74 365 e-mail : [email protected] Biography Joze Gricar (http://eCenter.FOV.Uni-Mb.si/Gricar) is Professor of Information Systems and Chairman, Department of Informatics & Director, eCenter, Faculty of Organizational Sciences, University of Maribor. He received Ph.D. degree in business & information systems from the University of Ljubljana in 1984. Prior to joining the University of Maribor in 1977, he was holding various Policy and Regulatory Challenges for the ICT Sector in South Eastern Europe The South Eastern European countries have a common interest in advancing the growth of ICT investments in forming joint ventures and initiatives and fostering technology development. Advances in communications technology and high-speed data networks are continuously increasing the possibilities for countries with economies in transition to participate in the global market for ICT enabled services on the basis of their comparative advantage. Legislative and institutional capacity is lacking and resources are often insufficient to carry through ambitious reforms on national and local level. The role of the Stability Pact eSEE Initiative is to integrate SEE countries into the global knowledge-based economy by supporting the region in developing strategy for 61 04_speakers_v4.qxp 06/11/2007 14.43 Page 62 the Information Society, including benchmarking, best practices and the transfer of knowledge. Through regional cooperation countries are more successful in addressing and solving common problems and barriers to the faster infrastructure development. The implementation of eSEE Agenda will help the region to stimulate innovation, exploit the technological and economic potential of e-business and expand the impact of IT on SME development. Securing political support for the fully implementation of eSEE Agenda+ for Development of Information Society and through the bSEE Initiative and bSEE Task Force, stimulating innovation and investment in ICT research and education through creation of the e-Governance Centre as well as further strengthening public-private partnerships will undoubtedly lead to the faster economic growth and competitiveness, job creation and better government efficiency and transparency in the region. Richard Shearer Chief Executive Officer vivatel, Bulgaria Contacts tel. +359 2 94 94 648 fax +359 2 85 24 955 Presentation speakers and project promoters The Business Perspective: The Telecommunication Market in SEE 62 Current status of the Bulgarian telecommunication market. Mobile service penetrations at Telecommunication Market in South-East Europe – comparison to Bulgarian parameters. Mobile operators offering converged services - new business opportunities. Become leading data service provider at Bulgarian telecommunications market. Plamen Vatchkov Chairman State Agency for Information Technology and Communication, Bulgaria Presentation State Policy for ICT Development – an instrument for fostering R&D This presentation aims to outline the capacity, opportunities and perspectives in front of the Republic of Bulgaria to create economic growth and more jobs in a sustainable way through information and communication technology (ICT) development as a vehicle for creation of knowledge and its dissemination to citizens and enterprises. Competitiveness issues and the capability of our economy to withstand the competitive pressures of the Single Market have been the one of highlights of the pre-accession process. Concerns about productivity, technical change, innovation and R&D in Bulgaria underpin these reflections. In order to establish a knowledge-based economy in our country and the competitiveness of the national economy it is necessary to be extended ICT innovation capacity (thus the economic development) organizationally and spatially, to be made ICT innovation wide-spread, and to be channeled the information, technologies and other innovative market knowledge directly to the different players of the economy. An approach for a purposeful and active state policy in relation to the ICT competitiveness of Bulgarian enterprises is needed with emphasis on the convergence of ICTs, electronic content, public services and an improved quality of life. In addition, today the responsibilities of the institutions in our country are being considerably changed, as the emphasis is not so much on the already concluded fundamental restructuring of economy, but on its quality characteristics and challenges that our membership in the EU impose. In compliance with the principles of sustainable development, equal opportunities and non-discrimination, the awareness and confidence of businesses in the field of ICT need to be enhanced, and support is needed for the development of relevant skills and widespread network literacy. SMEs, in particular, need to be encouraged to adopt new business methods, techniques and innovations through ICT. In light of the extraordinary productivity increases in the ICT sector, overall productivity growth can partly be explained by the degree of specialisation of countries in ICT production. However, substantial productivity gains and new business opportunities can also result from the use of ICT in other sectors, notably in services. This is our first year as a full EU member. In fact, this creates more opportunities for ICT development and cooperation, but in an increasingly global world, our country has to set out the attributes of a successful and competitive science and innovation system in Bulgaria to which Government and other stakeholders are committed. This can be achieved by gathering the Government and other funders and investors in Bulgaria-based science and technology education, research and application at one place. 2.6 Mobilising Actors for Environmental Governance Contacts tel. +359 49 21 15 fax +359 980 38 10 e-mail : [email protected] Anne Burrill Deputy Head of Unit, Enlargement & Neighbouring Countries DG Environment, European Commission Biography Contacts Dr. Vatchkov obtained a M.Sc. in Industrial Electronics and PhD in Technical Sciences at the Moscow Power Engineering Institute at 1977. He is Associate Professor in Technical Sciences at the Higher Commission for Attestation. Dr. Vatchkov has specialisations in Microprocessor Devices, Management and Quality Management. Dr. Vatchkov started his career in 1973 as engineer at the Central Computing Institute in Sofia. He has gained his wide professional experience both in the public and private ICT sector. His professional and personal qualities have allowed him to hold a number of highly responsible positions, like Assistant Professor at the Technical University in Moscow; Deputy Director of the Institute for Technical Cybernetics and Robotics of the Bulgarian Academy of Sciences; General Director of Micro Processing Systems; Managing Director of Bulvar Electronics, Ltd; Director of Information Technology, Overgas Holding; Deputy Director Operations of Cabletel. From 1985 until 1992 Dr. Vatchkov was a member of the Scientific Council of the Institute for Technical Cybernetics and Robotics. Now he is a member of the Academic Council of the International University and a member of the Balkan Academy of Sciences. Dr. Vatchkov is a member of the Federation of the Scientific and Technical Unions in Bulgaria and the Union of Scientists in Bulgaria. From 2005 up to now Dr. Vatchkov is Chairman of State Agency for Information Technology and Communications. From 2007 he is a member of Managing a Budget Group (MBG) of the Internetional Telecommunication Union (ITU) and he was chosen for a Chairman of ITU for the oncoming year (2008). tel. +32 2 295 43 88 fax +32 2 299 41 23 e-mail : [email protected] Biography Anne Burrill is presently Deputy Head of the Unit "Enlargement and Neighbouring Countries" in the European Commission's Directorate General for Environment. Previous responsibilities in the Commission have included responsibility for environmental cooperation with Romania, development of the EU Recommendation on Integrated Coastal Zone Management, and undertaking prospective studies related to water management. Prior to joining the Commission in 1992, Anne Burrill worked in Europe and Africa as a consultant on environmental information systems. She holds a Master's degree in Geography (Columbia University), and also a post-graduate diploma in Economic Principles (U. of London). Presentation Environment Policy -- Motor for a Better Future 06/11/2007 14.43 Page 63 Giangioacchino Catalano Managing Director Environmental Control Systems Southern Europe Alstom Power, Italy Contacts tel. +39 02 243 487 484 e-mail: [email protected] Biography Giangioacchino Catalano is Deputy Managing Director of the Environmental Control System, Southern Europe Unit of Alstom Power. He is based in Milan, where the headquarter of the unit is located and from where the other locations, France, Romania, Portugal and Germany are managed. Mr. Catalano holds a Master in Chemical Engineering from the Politecnico of Milan; his expertise spans over 30 years in the areas of engineering,project management and sales/tendering with major engineering companies in the oil and gas, petrochemical and environmental control fields. Mr. Catalano through the different positions gained experience in all the phases of turn-key projects. In particular after few years spent as process manager, he worked as engineering manager as well as project manager in international Consortia in different Countries. Most recently he acquired specific expertise in Desulphurization plants as Application Manager and Sales Manager for the EMEA Region. Presentation Maritza East 1 - Desulphurization Plants for a Better Environment The Maritza East 1 project is the development of a 670 MW gross and 600 MW net (2 units 335 MW each) lignite-fired power plant, to be realized adjacent to the site of the existing Maritza East 1 power plant. The site is 40 kilometres (km) south-east of Stara Zagora and 250 km south-east of Sofia, Bulgaria. The new power plant will be a base-load facility that will operate 24 hours per day and 7 days per week firing local lignite having a high sulphur content. The proposed facility will use state-of-the-art technology, in pollution control equipment to meet World Bank, European Union and Bulgarian air and water pollution control standards. The content of this article will deal mainly with the Wet Limestone Desulphurization Plant (WFGD Plant) , that will reduce the emission of SO2 by more that 95%. Alstom technology is based on more than 45000 MW of WFGD plants installed all over the world. Teia Catana Head of Unit Ministry of Environment and Sustainable Development, Romania Contacts tel. +402 131 94 600 e-mail : [email protected] Biography Teia Catana is Head of Unit within MINISTRY of Environment and Sustainable Development, Romania. Her main responsibility is the coordination of the National Sustainable Development Strategy revision, approval and implementation monitoring, as well as sustainability principles promotion and integration in other public policies and strategies. Before this position, she has been working 3 years on integrating environmental and social considerations in the BUSINESS operations of ABN AMRO Bank (at headquarter and in Romania as Sustainable Development coordinator). In Amsterdam she was responsible for a pilot project on sustainable behaviors among employees which now is implemented world-wide part of a global reduction target of 10% for energy use and was nominated for the Financial Time sustainable banking awards in 2006. In Romania she created the sustainable development strategy and facilitated its implementation: employee education, risk management, product development, eco-efficiency, regional co-operation. Ms Catana has also over 7 years of NGO experience at different management levels in Romania, Belgium, Germany and Costa Rica with AIESEC, SOS Childrenvillages and ViitorPlus. She has been training and facilitating all over the world at more than 70 confer- ences and workshops on personal and organizational development. She graduated Academy of Economics Bucharest. Presentation Sustainable Development and the business sector – the Romanian perspective The presentation will cover the following topics: Mobilizing actors from a BUSINESS perspective – getting the LICENSE TO OPERATE Companies need a ‘license to operate’. Governmental authorities have the most direct control over a company’s ‘license to operate’, but also other stakeholders issue their own ‘license’ and can sanction the company for ‘bad behavior’ – real or perceived. Mobilizing actors for ROMANIA’S SUSTAINABLE DEVELOPMENT STRATEGY Importance, development process, partners and stakeholders involved for Romania’s Sustainable Development Strategy. EU commitments and development framework. Implications for the business sector. Today’s leadership challenges for businesses: HOW TO BALANCE? shareholder value creation and a wider economic, social and environmental value investors and other stakeholders short term profitability and long term sustainability, commercial confidentiality and greater transparency Business RISKS and OPPORTUNITIES linked to sustainable development The need to proactively address the risks and opportunities of sustainable development is becoming an issue for the boardroom. Positive relationship between environmental governance and financial performance (strong evidence found by leading banks and financial institutions and consultancies). Henry Richard Jackelen UNDP Resident Representative and UN Resident Coordinator for Bulgaria Contacts tel. +359 2 96 96 100 fax +359 2 981 31 84 e-mail : [email protected] Biography Assumed the position of UNDP Resident Representative and UN Resident Coordinator for Bulgaria in October 2007. Prior to it he worked since 2003 as head of UNDP Country Office and UN Resident coordinator in Paraguay, and between 2000 and 2003 as UNDP Deputy Resident Representative in Brazil. Henry Jackelen held the position of UNDP Director, Private Sector Development Programme and led the Special Unit for Micro finance (1994-2000). During this period he designed and implemented the project phase of the Global Sustainable Development Facility involving 12 of the leading Global Corporations. It resulted in the creation of a joint UN/Private Sector entity to certify and promote private investments with demonstrable short term and sustainable positive impacts. Starting in 1996 Jackelen conceptualized, designed and launched the MicroStart programme that evolved into mobilizing +$ 40 million for an initiative which operates in +25 countries under a unique partnership with more than 30 of the leading micro finance institutions. As Senior Technical Advisor with the United Nations Capital Development Fund -UNCDF (1989-93), he designed, monitored and evaluated new initiatives to financial institutions/NGOs and Governments in Bolivia, Nicaragua, West Africa, Lesotho, Uganda, Mozambique, Yemen, Bhutan, Bangladesh, Vietnam and Nepal. Jackelen worked as consultant with the World Bank, USAID, IADB and others on a wide range of credit and enterprise development activities. Of particular note were multiple missions with the WB in Bangladesh related to work with Grameen and other leading Micro finance Institutions and multiple Missions with USAID to design the first micro credit programme in South Africa. Henry Jackjelen holds MA in Economy and International Relations from Johns Hopkins University, (School of Advanced International Studies, Washington, DC. He is member of the Council on Foreign Relations since 1999, Advisor, Micro Enterprise Promotion Programme (UNRWA/Palestine), since 2000, Advisor, Finmark Trust (DFID/South Africa), Founding Member, Board of Directors, World Computer Exchange, since 2000. speakers and project promoters 04_speakers_v4.qxp Augusto Pretner Managing Director SGI Studio Galli Ingegneria S.p.A., Italy 63 04_speakers_v4.qxp 06/11/2007 14.43 Page 64 Contacts tel. +39 049 897 6844 fax +39 049 897 6784 e-mail : [email protected] Biography Augusto Pretner is Managing Director of SGI, a leading Italian consultant specialised in environment and water engineering, as well as Chairman of DFS Engineering, a consulting group of 450 staff operating in the water, environment, energy and construction sectors. Graduated at Padua University in 1970 with a master degree in Hydraulic Engineering, Mr. Pretner has worked extensively in the design, maintenance and optimisation of water and wastewater networks all across Italy and worldwide. He has also consolidated experience in the co-ordination of multidisciplinary projects funded by international organizations such as EBRD, European Commission, UNEP, UNOPS, UNESCO, the World Bank, and the Italian ministries of environment and foreign affairs. As technical advisor on water related issues to the Italian Ministry of Environment, Land and Sea (IMELS) and the Italian Ministry of Foreign Affairs he was appointed as official member of the Italian delegation in international conferences including the World Water Forum in Mexico (March 2006) and in Kyoto (March 2003), the UN Conference on sustainable development (New York, April 2004 and April 2005) and OCSE – World Bank Meeting on PublicPrivate and Public-Public Transactions in Europe and Central Asia (Paris, April 2002). Mr. Pretner is Member of the Board of Directors of International Water Association in Italy. ment), benchmarking and econometric tools (manuals to aid in comparing performance or technical data within or between companies and in optimising investment) and TILDE leakage check-up (quick analysis tool extremely useful in assessing system’s performance, challenges and opportunities). TILDE technologies have been tested and validated in four European pilot sites - in Italy (Bari and Sassari), Cyprus (Nicosia) and Norway (Bergen).For a wider dissemination of the project results all TILDE tools, project results and background information were made available through a dedicated internet website – Water Portal. In the context of improving operation and maintenance of water and wastewater systems, SGI has been working towards reorganization of services provision both in Italy and abroad. This work focussed on due diligence of water and sanitation services for the Italian water districts (ATO), assistance in bids to participate in the concession contracts and advice on the procedures for transforming utilities corporate status from public into private. Recently, within this area SGI is providing assistance to the Water and Wastewater Company of Karlovac (Croatia) in their efforts to achieve operational and financial efficiency, strengthen the capacity to manage a large investment project aimed at WWTP and accompanying facilities construction, and repay the related EBRD loan while providing high quality water and sewerage services. Specifically, the project is implemented through five tasks comprising: identification of areas for company’s performance improvement; development of financial and operational improvement programme and assistance in its implementation; preparation of a public service agreement between the company and the town; and evaluation of the potential for private sector participation in company’s operations. Presentation Marcello Rinaldi speakers and project promoters Environmental Governance in the Water Sector 64 SGI SpA is an Italian leading consultancy specialized in water, environment, energy, landscape management and civil and infrastructure engineering. Since its establishment in 1920, SGI has expanded into a joint stock company that currently employs over 120 staff in offices throughout Italy and abroad. One of the main objectives of SGI is to improve people's lives and the environment through integrated and sustainable projects, with a forward-looking vision and a commitment to developing local economies. In the water sector, ever more stringent European environmental directives compel to search for innovative solutions reflecting integrated water resource management principle. In Europe SGI has developed a number of projects to assist in adopting this approach according to requirements set forth in the Water Framework Directive. Among them there are Water Management at River Basin Scale (WAMARIBAS) – implemented in three Italian Regions (Marche, Sardinia and Sicily) and Adriatic Sea Integrated Coastal Areas and River Basin Management System (ADRICOSM) – carried out in Croatia, Bosnia and Herzegovina and recently also Albania and Montenegro. The projects focused on development and validation of tools for integrated water resources management in the selected river catchments and coastal zones. The key step towards the integration was to connect catchment hydrology, wastewater facilities and coastal hydraulics modelling simultaneously ensuring practicality of the developed tools so that they are understood by nonexperts - decision makers, regulators and managers. Both projects involved wide group of stakeholders - education and research centers, water authorities and operators, consultancies. The projects also comprised a strong capacity building and dissemination component – knowledge was transferred through numerous workshops, conferences, information materials and websites. As regards water infrastructure SGI developed survey and analysis methodologies for the optimisation of water supply systems through the reduction of water leakages. The resulting calibrated models were used in a number of applications both in Italy and abroad (including water systems of Athens, Amman and Tirana). The knowledge developed and experience gained during this process served as an input for implementation of an European Commission funded research and demonstration project ‘Tool for Integrated Leakage Detection’ (TILDE). TILDE aimed at optimising performance of water supply networks by addressing the problem of water losses; it was implemented in collaboration with a group of water operators, local administrations, water authorities and consultancies from several European countries. The project resulted in development of a set of practical, operational tools supporting operators in identifying cost effective technologies to assess, reduce and manage leakages. The specific TILDE instruments included: decision support tool - TILDE DTS (on line manual that helps in gaining insight into the operation of the network and adopting the leakage management solution that best suits specific needs), data management system - TILDE DTM (database that provides a method to identify critical areas in terms of leakage thus helping prioritise actions for water loss manage- Chief Operating Officer ENEL S.p.A. Contacts e-mail: [email protected] Biography Mr. Rinaldi is Chief Operating Officer at ENEL Maritza East 3 in Bulgaria. He has been working for ENEL since 1990, when he started as head of Maintenance Service in a lignite-thermal Power Plant, to became in 1997 head of budget and reporting Department of a Regional Business Unit including 5 power plants and in 1999 head of Safety Department in a thermal Power Plant. In 2000 he became manager of oil thermal Power plant while in 2002 he was responsible for two coal power plants refurbishment and oprtimization, and in 2004 he was manager of S. Barbara Business Unit during the transformation of the pre-existing fuel oil Power Plant to a combined Cycled. Philippe Rombaut Chairman of the Board of Directors Ecobulpack JSC, Bulgaria Biography Philippe Rombaut is the Chairman of the Board of Directors of ECOBULPACK JSC, the largest waste recovery organization in Bulgaria. Mr. Rombaut is responsible for the management, the development and the effective performance of the Board of Directors of the company. Philippe Rombaut is a Partner and Executive Director of Acid & Fertilizers LLC, USA, Executive Director of the largest fertilizer manufacturer in Bulgaria Agropolychim AD. He also is Member of the Board of Solideal Ltd., Hong Kong, an important industrial tires and wheels and tracks manufacturer with plants in Sri Lanka, Serbia and Canada. Executive Director and Member of the Board of Decaphos Ad, Director of Lanka Ood, Bulgaria, Member of the Board of Liberty Food Services, Bulgaria, as well as Chairman of the Board of the Bulgarian Railway Company. In 2000-2002 he was Senior Regional Executive of the Sofia based 150 mio USD fund Soros Southeast Europe Equity Fund. Prior to join- 06/11/2007 14.43 Page 65 ing the Fund Mr. Rombaut was Executive Director Union Minière Pirdop Copper, Bulgaria (formerly MDK). In 1995-1997 he was Business Development Senior Executive at Union Miniere (now UMICORE), Belgium. In 1994-1995 Mr. Rombaut was President of Altenberg Gitterrost GmbH, Esen, Germany. Prior to this he worked as Head of Corporate Finance UM Group, Belgium, Assistant Corporate Finance Officer and Assistant to the Head of the International Representations Department at SociétéGénérale de Belgique at Brussels, Belgium. Mr. Rombaut holds B.A. in Economics from Katholieke Universiteit Leuven (Belgium) and MBA from Keio University. Presentation Separate Waste Collection Management Implementation of sustainable systems for separate waste collection and the recovery of packaging. Problems. Resolutions. Trends. IBA 01 Real Estate Market and Infrastructure. The bust of the Real Estate Boom or Imminent Surprises? the period 1996-1997. Since 1994 to April 1999 Strahil Ivanov had been Chairman of the National Association of the Appraisers for Real Estate and a member of the Board of Directors of the Bulgarian Association of Business Appraisers /BABA/. In 1996 as Chairman of NRPA, Mr Ivanov took part in the annual conference of NAR /National Association of Realtors/ in San Francisco, USA and signed a contract between the two organizations. In 1996 he was accepted as a member of NAR. Mr Ivanov has also participated in many international conferences and events as the integration of EVROVAL and TEGOVOFA, the two biggest international appraisers organizations in Europe, which took place in Lisbon and Kan in 1997, as the new name of the organization is TEGoVA. Presentation Outlines of the Bulgarian Real Estate market YAVLENA's presentation shall refer to a number of important aspects of the present situation on the Bulgarian Real Estate market. It will include the following issues, supported with data and particular numbers: General trends on the Real; Estate market; Salability of different types of properties; Degree of effectiveness with rental properties; Balance of supply and demand for various types of properties; Trends in some towns of the country. Atanas Garov Plamen Russev Managing Director Colliers International, Bulgaria Chief Executive Officer, Managing Partner Balkan Consultancy Center, Bulgaria Contacts Contacts tel. +359 2 97 69 976 fax +359 2 97 69 977 e-mail : [email protected] tel. +359 52 611 800 fax +359 52 611 900 e-mail : [email protected] Biography Biography Atanas Garov holds a BA in Economics from the Colorado College and an MBA in International Business from Thunderbird, AGSIM, USA. Before joining Colliers, he worked at Jones Lang LaSalle’s Capital Markets Group in New York, USA. Atanas Garov joined Colliers in 2002 as Director of Commercial Brokerage Services and Investment and Corporate Advisory Services. He was instrumental in the development of both areas of business. During that time, Mr. Garov also participated in a number of projects in Southeast Europe. After one and a half years, he was promoted to Managing Director of Colliers International Bulgaria. Under his management, the company has continued to grow and sustained its position as leader on the Bulgarian market. Mr. Plamen Russev is currently holding the position of the Managing Partner of the Balkan Consultancy center Ltd. BCC is a Bulgarian consultancy company, specialized in the provision of marketing information for the real estate and investment market, promotion and presentation of Bulgarian real estate on foreign markets. The activity of BCC focuses on six main directions: provision of services and solutions in the field of real estate, maintenance of the detailed information database for new-build and renovated properties in BulgariaBCC.BG, presentation of Bulgarian real estate projects on foreign markets, publishing of the yearbook „WHO IS WHO- investment and real estate - Bulgaria“, provision of market research, analysis and consultancy, co-organization of the Balkan Real Estate Conference – the regional event, which focuses on the business opportunities on the property market in Bulgaria, Romania and Serbia Mr. Russev holds a Management degree from the Delaware university. In 1999 he established DESIGN.BG - a company for internet consulting, e-marketing and provision for online-based software, business solutions with offices in Bulgaria, Switzerland, UK and Czech republic. Strahil Ivanov Manager Yavlena Ltd., Bulgaria speakers and project promoters 04_speakers_v4.qxp Vladimir Sobolev Contacts Counsellor, Foreign Economic Cooperation Belarusian Chamber of Commerce and Industry, tel. +359 88 7 731 006 fax +359 2 81 05 009 e-mail: [email protected] Biography Strahil Ivanov is the Manager of YAVLENA Real Estate Agency. Despite from heading the company, he is also participating in the Management of YAVLENA IMPACT – the Apprizers structure of the firm and at the same time implements investment projects in all the country. Graduated Engineer and Research associate, for 15 years Mr Ivanov had been engaged in scientific and research work. After founding YAVLENA in 1992, he had gained experience in all aspects of the Real Estate business. That certainly reflected the Agency's structure and activities – presently YAVLENA covers all segments of the Real Estate market and deals with sales and rentals, evaluation, management and consulting. Mr. Ivanov, member of the Management board of the National Real Property Association (NRPA) in Bulgaria, is also one of its founders. He had been Chairman of the Association for Contacts tel. +375 172 377 966 fax +375 172 377 262 e-mail: [email protected] Biography Vladimir Sobolev is the counselor of the Belarusian Chamber of Commerce and Industry (BelCCI). He is responsible for FDI promotion and related activities within the framework of BelCCI . He worked as Project Management Officer (PMO) in the United Nations Secretariat in New York and as the commercial counselor for foreign trade in the Belarus Embassy in Brussels. He has substan- 65 04_speakers_v4.qxp 06/11/2007 14.43 Page 66 tial industrial experience as an engineer at the big Belarus factory producing domestic refrigerators. Mr.Sobolev is a member of Foreign Investors Advisory Council (FIAC) in Belarus, which includes a number of major foreign investors and is acting in close contact with the Council of Ministers of Belarus. FIAC is lobbing the interests of foreign investors in Belarus. Oksana Tsedrik Deputy Director Environment company Ecokomplex, Belarus Contacts tel. +375 174 227 572 fax +375 174 227 572 e-mail: [email protected] speakers and project promoters Biography Oksana Tsedrik has graduated from Vitebsk Light Industry in 1991 and is an economist. She was employed by Housing Communal Servises of Soligorsk city since 1991. As of 2004 she is a deputy director of Environment company Ecokomplex andis dealing with wa.ste collection and treatment. The company Ecokomplex started separate collection of domestic waste in Soligorsk city. A special publicity program in schools and for local population was fulfilled, more than 100 refuse bins were installed in Soligorsk city. Mrs. Tsedrik is the organizer of all activities connected with the creation of system for separate collection and processing of solid domestic waste. Presentation Organization of the Modern System for Separate Collection and Processing of Solid Domestic Waiste The Project has been elaborated for the purpose of creating the modern system for separate collection and processing of solid domestic waste (SDW) in accordance with the Programme for handling the Solid Domestic Waste as approved by the decision of the Soligorsk Town Executive Committee No.425 dated June 11, 2004. The main tasks of the elaborated project are as follows: 1) Organization of separate collection, treatment and recycling of solid domestic waste present on the territory of the town of Soligorsk and Soligorsk District; 2) Organization of taking the nature-conservative, sanitary and fire-prevention measures for preventing the adverse effect on the environment and human health when handling the solid domestic waste; 3) Creating the conditions stimulating the separate collection of solid domestic waste; 4) Organization of separate collection of solid domestic waste for the purpose of ecologically and economically grounded use of them as secondary raw materials. The project include purchase of modern equipment, creation of special shop to separate waste and processing of separated waste. Project cost - 5.1 mln US dollars Background: The existing system for handling the waste in the town is burying the waste at the solid domestic waste burial ground in the village of Dubei. This burial ground has exhausted its resources. The burying method of treatment of solid domestic waste is simple, but it requires large land plots, considerable investments as well as operational and transport costs. The burial ground is a source of spreading odor nuisances in spite of hydraulic protection, increased risk of contamination of ground waters with poisonous filtrates. At the burial ground there is no weight accounting of solid domestic waste. Therefore, the town needs a new sorting and treatment complex for solid domestic waste complying with today’s technological norms and local conditions and taking into account the landscape and hydrological peculiarities of the town. Environmental impact summary: Accumulation and concentration of solid domestic waste in large quantities is one of serious factors of pollution of the environment and can cause, under certain circumstances, unpredictable consequences. It is especially significant for the town of Soligorsk. Miroslav Yazov Financial Manager Yazov Ltd., Bulgaria 66 Contacts tel. +359 32 655 002 fax +359 32 655 003 e-mail : [email protected] Biography Miroslav Yazov is a Financial Manager and co-owner of the company Yazov Ltd, Plovdiv, Bulgaria. He has a BD in Macroeconomics from the University of Plovdiv “P. Hilendarski” and a MD in Financial Management from the same university. Mr. Yazov expertise spans over 7 years in areas such as accounting, financial management and real estate mediation with companies from Israel, Italy and Bulgaria. Mr. Yazov career began in 1999 when he worked, still as a student, for the company Yazov SLtd – Israel, a company owned by his father and partner in Yazov Ltd. – Mr. Dimitar Yazov, as an interpreter and mediator in negotiations between the company and its Israeli partners. In 2001 he joined a prestige Plovdiv auditing company where he worked as an assistant accountant for companies from Belgium and Italy. In September 2002 he was appointed General Manager in an Israeli owned real estate agency based in Switzerland, with offices in Genève, Tel Aviv and Plovdiv. In the autumn of 2004 he became a partner in Yazov Ltd and its Financial Manager. One year later Mr. Yazov found another company which bought off the real estate agency he worked in and which company now is also working in the field of real estate mediation and investing in properties. Presentation Sky Buildings - the New Face of Business and Living in Plovdiv Why Plovdiv? Plovdiv is situated on the banks of the Maritza River. It is the second biggest city in Bulgaria. Its unique location at this ancient crossroad contributed for the strong cultural and political influence of the East and West civilizations on its development. Nevertheless the city has saved its exceptional cultural identity. Plovdiv is one of the most ancient cities not only in Bulgaria but in Europe as well. The city is an intersection of different cultures and epochs, religions and traditions, a conjunction of roads connecting countries and continents. Plovdiv is a picturesque city with many gardens and parks, museums and archeological monuments, a city with unique atmosphere which combines and interesting past with lively present, a city which has become the home of various festivals, cultural events and trade fairs each year. Some of the main advantages of the city are: the population of the district is 700 000 people, which is the second biggest in the country; Plovdiv is near the international E79 highway and close to Greece; the acceptance of the new city plan and the expansion of the city to the boarders of its ring road; Plovdiv has its own airport with brand new cargo zone for it; The International Plovdiv fair which holds more than 40 exhibitions per year, one of which the Autumn Technical Fair is the biggest on the Balkans with more than 3600 exhibitors; the construction of 3 new industrial and logistic parks. Sky Buildings. This is a new investment project of “Yazov” Ltd. The complex is situated near park “Lauta”, near “Locomotive” stadium in district 1, 2, and 3 according to the plan of VSI – MO – city of Plovdiv. The area of the plot is 32 000 sq. m., total constructed area of 129 000 sq. Ï. The complex is with mixed functions – residential and public. Its composition is made by a diagonal pedestrian area cutting through the plot, with a lot of green areas and public services, which leads directly to the main entrance of “Locomotive” stadium and includes stores, fast-food restaurants, SPA centers, cinemas, etc. In both ends – north and south, three thirty three floors administrative buildings are situated for public services. Their ground-floor levels are two and three floors trading bodies, which are planned in such manner as to allow combining of different in type and area premises into large showrooms. Trading areas are vast, bright and strategically situated, which ensures successful trading activities. The office buildings are approximately 100 meters tall with communications in the center and free planning of the floors. Ten residential structures – 3 to 9 floors tall, are situated in the complex, which are subordinated to a common composition idea. The areas which are not to be build on will be greened with tall and short vegetation, as the parking which will serve the complex are situated in basement levels. A lot of gardens and alleys are to be built in order to ensure the necessary calmness in a fast moving life. Wood vegetation will be mainly concentrated around the street which passes through the complex and alongside the pedestrian area. “Sky Buildings” receives a unique and interesting character for its residents as well as for developing a successful business. 06/11/2007 14.43 Page 67 IBA 02 OECD Workshop: How to Implement the Next Wave of Economic Reforms in South Eastern Europe Dana Armean Denis-Smith Managing Director Marker Global Ltd., United Kingdom Contacts tel. +44 77 8 88 34 335 e-mail : [email protected] Biography Dana Denis-Smith is the Managing Director of Marker Global Ltd, a Londonbased business consultancy. Dana is an English-qualified lawyer and experienced analyst of the economic transition in Eastern Europe. She spent two years working as a lawyer with global law firm Linklaters, specialising in finance law. Previous to her role as a lawyer, she worked for The Economist Group as a Balkans writer and anayst for The Economist Intelligence Unit and other Group companies. Dana worked as an economics journalist for the BBC World Service in London, Reuters in Romania and the Russia Journal in Moscow as well as for a number of other London-based economic forecasters such as WMRC (now Global Insight). Dana holds an MSc in Political Economy of Transition and a BSc in International History and Relations from the London School of Economics as well as postgraduate studies in Law. Presentation Making the Small Count – SMEs, Regulation and Economic Reform in South - East Europe This presentation focuses on the following: a) the practical aspects of setting up and running a small/medium size enterprise in South East Europe: how does the regulatory framework of various countries in the region stimulate the growth of SMEs. It will discuss the effects of overregulation on the success of SMEs; b) it considers to what extent the success of the SME sector feeds into the countries’ economic growth and analyses to what extent there is a link between overregulation, failure to establish a successful SME sector and economic indicators; c) it considers other barriers to developing a successful SME sector and weighs the various options to increase the impact of SMEs to the overall economic performance of the countries in the region. Eugenio Bettella Lawyer - Partner Rödl & Partner, Italy Contacts tel. +39 049 80 46 911 fax +39 049 80 46 920 e-mail : [email protected] Biography Eugenio Bettella is an Italian lawyer, member of the Padua Bar since 1997. He is the partner of law and accountancy firm Rödl & Partner, a German international firm with head office in Nuremberg having more than 2000 professionals operating in 72 offices in Germany and around the world. Eugenio Bettella graduated in law in 1994 at the Padua University. After a period of training in an Italian law firm he joined - in 1997 - the leading English law firm Clifford Chance where he specialized manly in non contentious matters such as corporate law (company law, merger & acquisitions, privatisations) and international law but also in contentious matters such as national and international arbitrations. Eugenio Bettella’s activities are particularly focused on emerging countries in Eastern Europe and Middle East. Eugenio Bettella, throughout the years, had the opportunity of making a number of conferences aimed to entrepreneurs and other legal professional in Italy and abroad mainly dedicated to the legal aspects of how doing business in foreign countries. Presentation CEI countries’ legal framework changes to West European standards 1.Brief overviews of CEI countries (classified in 3 groups): 1.A The EU consolidated countries: AUSTRIA and ITALY 1.B The EU eastern countries: (i) which adhered to EU in 2004: CZECH REPUBLIC, HUNGARY, POLAND, SLOVAKIA, SLOVENIA (ii) which adhered to EU in 2007: BULGARIA and ROMANIA 1.C The extra EU countries: ALBANIA, BELARUS, BOSNIA-HERZEGOVINA, CROATIA, MACEDONIA, MOLDOVA, MONTENEGRO, SERBIA, UKRAINE Data of interest: Population, population growth rate / GDP, GDP real growth rate, GDP per capita, GDP per sector / Inflation rate / Foreign direct investments / Current account balance / Labor force, labor force by occupation in sectors Unemployment rate 2. Geopolitical situation and respect of fundamental human rights With a particular regard to 1C group’s countries: Analysis of the major factors of geopolitical tensions in the region / Governments’ stability Adherence to the main european conventions regarding the human rights and fundamental freedoms, in particular, adherence to the European Convention of the Human Rights. Brief analysis of some particular cases. CORE ANALYSIS Slides with presentation of the countries. Every slide contains a brief presentation of the legislation of every CEI country, in particular regarding following aspects: Company law Protection of the intellectual property rights / Labor legislation Real estate / Antitrust / Fiscal system / Custom’s laws / Finance / Other aspects With reference to the 1.C group’s countries, there will be analysis of the proceedings of adherence to the Community’s legal framework. With reference to the 1.B group’s countries, there will be analysis of the transitions regimes and safeguard. Fadi Farra Principal Administrator OECD Contacts e-mail: [email protected] Biography speakers and project promoters 04_speakers_v4.qxp Fadi Farra is a Principal Administrator with the OECD. Fadi is an expert on private sector development issues and policies. The studies he led recently focused on private sector competitiveness and policy barriers in South East Europe. Prior to joining the OECD Fadi worked for 15 years in management and policy advisory with the Boston Consulting Group and AT Kearney. He is the author of several publications related to business climate, competitiveness and globalization. His latest publication in collaboration with Harvard Business School focuses on foreign direct investments. He is a regular commentator on CNN, BBC, CNBC and the Financial Times on globalization and FDI issues. Fadi is a graduate from the London School of Economics (M.Sc. Management Economics), HEC Paris / Community of European Management Schools (M.Sc. International Management) and the Institut D’Etudes Politiques (M.A. Government). Presentation Targeting Reforms through a Sector Specific Approach Marie-Laurence Guy Projects Officer Global Corporate Governance Forum, IFC Washington DC / Bulgaria Country Office 67 04_speakers_v4.qxp 06/11/2007 14.43 Page 68 Contacts Gian Piero Cigna tel. +359 2 9697 224 fax +359 2 9697 222 e-mail : [email protected] Principal Counsel of Corporate Governance, Legal Transition Team European Bank for Reconstruction and Development (EBRD) Biography Marie-Laurence Guy is a projects officer and task team leader at the IFC - Global Corporate Governance Forum. She is in charge of the Forum’s activities in the Middle East and North Africa and Southeast Europe. She furthermore works on developing global corporate governance reform tools to help implement good corporate governance practices. Ms. Guy has recently co-authored and coordinated the production of two toolkits on building director training organizations and developing corporate governance codes of best practice. She is currently leading a new project on corporate governance and alternative dispute resolution mechanisms. Ms. Guy previously worked as a project manager in the Corporate Affairs Division of the Organisation for Economic Co-operation and Development (OECD) and the French Ministry of Finance, Economy and Industry. Ms. Guy received a Bachelor’s degree in Political Sciences from the University of Paris Pantheon-Assas, and Masters’ degrees in International Economic Relations and Defence Economy from the University of Paris Pantheon-Sorbonne and Paris Pantheon-Assas. Presentation speakers and project promoters Corporate Governance Reform Efforts in Southeast Europe The processes by which companies are directed and controlled are subject to rules and standards embedded in countries’ corporate governance frameworks and companies’ by-laws. These processes are intended to help companies avoid trouble, outperform their peers, and reduce the costs of capital by assuring shareholders and bondholders that they can obtain a fair return on their investment. If the rules are to fulfil these purposes, investors must rely on the adherence of company’s officers and directors to the rules. In SEE to attract investors, improve corporate performance and compete in the European and International markets it is essential to: - Improve the corporate governance framework (Regulations; best practice codes) - Improve director professionalism and board practices - Improve disclosure and transparency - Provide avenues for better dealing with conflicts and disputes - Improve the media’s understanding of good corporate practices tel. +44 207 338 70 87 e-mail: [email protected] Biography Gian Piero Cigna is Counsel with the European Bank for Reconstruction and Development (EBRD). He is in charge of corporate governance and capital markets legal reform projects in central and eastern Europe and the CIS. Prior to joining the EBRD he worked in Belgium, the Netherlands, Italy, Albania, Romania, Serbia and Montenegro (Kosovo) and the Czech Republic both as a lawyer in an international law firm and as consultant to international organisations and various state institutions and ministries. In the Czech Republic Gian Piero worked as “Pre-Accession Advisor” to the Ministry of Justice and the Czech Securities Commission for the approximation of the Czech legislation with EU standards. He graduated in law in Italy and pursued postgraduate studies in the Netherlands and US focusing on European and international business law. Publications include several essays on corporate governance, capital markets and banking law, most recently with a focus on emerging markets in Eastern Europe and Central Asia. IBA 03 Eco-innovation and Alternative Sources of Energy: Opportunities for SMEs Svenja Bartels Associate Rödl & Partner, Attorneys-at-Law, Certified Accountants and Tax Consultants, Italy Anthony O’Sullivan Head OECD Investment Compact for South East Europe Contacts tel. +39 049 8046911 fax +39 049 8046920 e-mail : [email protected] Contacts Biography tel. +33 1 45 24 7637 fax +33 1 45 24 9335 e-mail : [email protected] Svenja Bartels is an Attorney-at-Law at Rödl & Partner, a German international Law Firm with its head office in Nuremburg and Associate in the Padova office in Italy. She received her law degree from the University of Bonn “Rheinische-Friedrich-Wilhelms-Universität” in 1998, and studied furthermore at the University UNIL in Lausanne (CH) and the German University of Administrative Sciences in Speyer (D). Prior to joining Rödl & Partner in Padova, Svenja joined the Milan office of Rödl & Partner and other primary law firms in Milan. She specialises in commercial, corporate, energy and renewable energies sector. In particular as to the latter, she is assisting specifically foreign clients in the execution of projects for wind farms, hydroelectric and photovoltaic plants in Italy. Svenja Bartels is admitted to practice in Germany (Düsseldorf bar) and is fluent in Italian, English, French and German (mother tongue). Biography Anthony O’Sullivan is the Head of the Investment Compact for South East Europe. The Investment Compact, under the Stability Pact for South Eastern Europe (Working Table II on Economic Reconstruction, Development and Cooperation) and the OECD (Directorate for Financial and Enterprise Affairs) is a leading programme designed to improve the investment climate and encourage private sector development in South East Europe (SEE). Head office is located in Paris, France with regional offices in Bucharest, Romania and Belgrade, Serbia and Montenegro. (www.investmentcompact.org). Mr O’Sullivan has a background as a strategy consultant with the firms Accenture, Monitor Company and A.T. Kearney. His academic credentials include a first class Honours Degree in Economics at McGill University and a Masters in Development Economics at the LSE in London. Presentation How to implement the next wave of economic reform in SEE 68 Contacts Pierpaolo Dettori Industrial Area Manager Conser sccpa, Italy 04_speakers_v4.qxp 06/11/2007 14.43 Page 69 Contacts Vittorio Ghinassi tel. +39 057 47 30 305 fax +39 057 46 67 094 e-mail : [email protected] General Secretary Association for Italian-Moldavian Trade (ACIM), Italy Biography Presentation Energetically self-sufficient industrial areas: economic and environmental sustainability. The case study of Prato (Italy) Micro and small enterprises (mSE) –i.e. enterprises with less than 250 employees- represent more than 98% of the European enterprises. These enterprises produce more than 70% of pollution in Europe. Anyway the mSE have no organization, economic and cultural strength to be engaged singularly in programmes for the environmental and social improvement. Particularly they are unable to face programmes for the production of thermical and electrical energy from renewable sources. In addition the acts promoting the environmental protection generally deal with the behaviour of the single enterprises and not of the whole areas where they work. As a consequence it derives the actual impossibility to involve over 98% of the European enterprises in programmes for the environmental improvement and especially for the production and use of clean energy. With no innovative solution it is therefore impossible to reduce significantly the 70% of the pollution produced by the mSE. The experience of the case study of the First Macrolotto of Prato shows that it is possible to involve also the mSE in significant programmes for the environmental improvement, if the focus is shifted from the single firms to the industrial areas where they work. The participation of the mSE in these complex programmes was obtained by avoiding to involve them in onerous preliminary investments and making them benefit by immediate and consistent savings. Particularly to realize interventions for the production of clean energy and to make the whole First Macrolotto energetically self-sufficient, the manager of this area found some important ESCo (Energy Saving Companies). They are engaged to realize at their own expenses the necessary investments and to sell to the mSE working in this area thermical and electrical energy produced by their plants at lower costs than market’s. The intervention of these ESCo provide integrated solutions for distributed cogeneration, thermical and photovoltaic solar plants, small aeolian plants and heat pumps to use the calories of the liquids which flow underneath the First Macrolotto. At the end of the period of financial amortization, the plants realized and managed by the ESCo will be owned by a consortium (CONSER) which represents all the mSE working in the First Macrolotto. Since CONSER is a no-profit consortium at the end of the period of financial amortization the costs of thermical and electrical energy will be more competitive, because there will not be any financial burden. The role of the area manager is crucial for the accomplishment of these programmes. Anyway the European industrial areas provided with a manager are still rare. For this reason the case study of Prato was included by the EU among the best practices for its social and environmental initiatives. Biography Vittorio Ghinassi is General Secretary of A.C.I.M Association for the ItalianMoldovan Trade. He heads the ACIM headquarters located in Faenza, Italy and coordinates the activity carried out by the ACIM branch based in Chisinau, Moldova. Among his current tasks are a series of commercial and industrial initiatives such as the management of the project “In Moldova” that aims at creating commercial liaisons between Italian SMEs and Moldovan companies. Mr. Ghinassi’s expertise spans over 20 years in international cooperation projects carried out in the frame of programs supported by major Italian Institutions and other private organizations, particularly devoted to the development of EasternEuropean Countries. Mr Ghinassi gained direct experience in managing all phases of a project cycle and greatly improved his capabilities in monitoring and executing problem-solving actions within international projects. Since the beginning of the 90s Mr. Ghinassi worked as Responsible for the Foreign Affairs of Confartigianato Emilia-Romagna. In 1999 he also served as a Consultant for the project “Libia Tech” carried out by Confartigianato Italy. In 2003 he was hired by UNIDO for a project dealing with the development of handicraft ceramic actvities in Morocco. Then he managed the project “B.R.I.D.G.E. Business Research Innovation Generating Enterrises in Tuzla, BiH” from 2004 till 2005 for the Region Emilia-Romagna and the Association Cosmopolite. Presentation The Republic of Moldova presents an energy situation strongly dependent on outside sources, in particular Moldova acquires natural gas and oil from Russia and other small percentages from Romania and Ukraine. In particular, regarding the heating system, both for home-dwellings and industrial buildings, has remained the same since the Soviet regime; this means that it is based on big energy plants of natural gas, diesel gas or coal, that through a vast pipe-line system brings hot-water to the buildings. In recent times the use of private heating systems, for one’s own house, has been increasing notably. Strategic objectives The Government of Moldova has set two strategic targets to achieve: the first aims at increasing the energy produced within the country in the coming ten years and in doing so Moldova intends to enhance the energy production derived from renewable energy sources (biomass, hydroelectric, etc…); the second target aims at reducing significantly the energy consumption through the application of norms and directives and increasing the citizens’ awareness on this matter as well as implementing new eco-technologies. Project S.E.E.M. (Systems for Energy Efficiency in Moldova) The project named S.E.E. in Moldova intends to operate within two areas: (i) The first is the eco-innovation which means finding solutions that are sustainable and efficient reducing the domestic and industrial consumption – In particular we foresee to carry out a monitoring action by taking some areas as study-case (highly populated blocks, villages, countryside spots, industrial districts), then, on the basis of the results obtained, we intend to define the best eco-strategies. In addition we aim at setting up enterprises and/or professional centres specialized in energy-saving technologies by means of educational programs and tutoring offered by Italian companies already active in this field. (ii) The second main target of the project is the creation of a biomass pilot-plant, of medium size (2025 mega) producing alternative energy. This latter is an initiative that will be performed under the agreement and with the support of the Government of Moldova. speakers and project promoters In 1975 Pierpaolo Dettori promoted the realization of a new industrial area known as First Macrolotto of Prato (Italy), where over 350 micro and small enterprises (mSE) work and over 3.000 people are employed. In 1982 Mr Dettori promoted the foundation of a no-profit consortium –CONSER- whose members are all the firms of the First Macrolotto. CONSER aims at providing its members with centralized services that can produce scale economies also for the mSE and can improve the social and environment of the whole industrial area. Since 1982 Mr Dettori has been managing the First Macrolotto. To achieve CONSER aims, Mr Dettori shifted the focus of his activity from the single enterprises to the whole industrial area. He also obtained the cooperation of the mSE, suggesting initiatives that do not require any preliminary investment while provide immediate savings for the single enterprises. The initiatives promoted by Mr Dettori range from the water management (industrial aqueduct fed by a centralized plant for recycling waste water) to energy, from the management of the sustainable mobility to safety, from the balance of working and family time to the centralized services in favour of the workers. Mr Dettori’s activity was awarded by EU and Italian public institutions. 2003: EU included CONSER among the 23 best projects for SME; 2004: CONSER was awarded the First Prize SODALITAS for its actions of Corporate Social Responsibility; 2005: CONSER was awarded the First Prize Eco-efficient Tuscany; 2006: EU included CONSER among the 3 best practices realized within the EQUAL European projects. Since in Europe it is not diffused the career brief of a planner and manager of industrial areas ecologically and socially equipped, Mr Dettori together with the University of Venice is promoting a Master to form this career brief. Fausto Santangelo Representative of the Italian Ministry of Economic Development, BEST Groups to the European Commission Italy Contacts tel. +39 338 76 97 817 fax +39 097 12 74 523 e-mail : [email protected] 69 04_speakers_v4.qxp 06/11/2007 14.43 Page 70 Biography Riccardo Honorati Bianchi Fausto Santangelo is an Environmental System Manager enrolled in the European register (Personnel Registration Scheme) managed by the European Organization for Quality. He takes part on behalf of Italian Ministry of Economic Development to European Projects in Best Expert environmental Groups in European Commission- Enterprise Directorate General (DG enterprise). [The Business Environment Simplification Task Force (BEST) involves representatives from the business community and public authorities in the Member States. The BEST Procedure provides a framework to support Member States’ efforts to improve their performance by learning from best practices]. Mr Santangelo is an engineer with experience in managing all phases of the environmental compliance for SMEs. He supports SMEs in the different stages in the regulatory cycle from the design to the government of the processes: permitting. monitoring, reporting, assistance during inspection. He is an environmental auditor in the application of Environmental Management Systems (such as ISO 14001 and Emas); an auditor in the energetic certification of buildings; a consultant in environment, quality, safety and security for SMEs. He supports also privates and SMEs in applications of some alternative energy sources available, above all solar (photovoltaic) and wind energy: from design to installation. Andrea Valcada speakers and project promoters Chief Coordinator, Environment and Innovation Project, ENEL S.p.A., Italy 70 Contacts tel. +39 06 8305 7960 fax +39 06 8305 7888 e-mail : [email protected] Expert - Resident Twinning Adviser, Development and Cohesion Policies Department Ministry of Economic Development Italy Contacts tel. +39 348 82 30 692 e-mail: [email protected] Biography Riccardo Honorati Bianchi is Senior Expert within the Ministry of the Economic Development Department for Development and Cohesion Policies (till May 2006 within the Ministry of Economy and Finance), Directorate EU Structural Funds Policies, General Directorate Relations with Third Countries with more than 12 years of professional experience in Structural Funds in Italy and abroad. In all his postings, Mr. Honorati Bianchi has gained extensive experience in institutional building and technical assistance of Structural Funds (SF) cofinanced project, both in Italy and abroad, with particular reference to the entire Project Cycle Management as follows: o Planning; o Management and implementation; o Financial management, and audit; o Payment and financial control; o Monitoring and reporting; o Programme evaluation; Furthermore, Mr. Honorati Bianchi has acquired a deep knowledge of EU regulations, procedures and guidelines on SF and extensive experience in beneficiaries’ needs assessment and training in SF management and gained specific countries experience in Bulgaria, Poland, UK, France, Spain, Portugal, Greece, Ireland. Biography Andrea Valcalda is the Chief Coordinator of the Environment and Innovation Project of Enel S.p.A., an investment program for research, innovation, renewable energy sources and environmental communication. He coordinates the project implementation, the development of innovative solutions in cooperation with Enel’s Research Department. Born in Genoa in 1965, he was graduated at the the Università degli Studi di Genova and joined Enel in 1996 as the Executive Assistant to the Chairman of the Board. Presentation Special focus on Environmental and Competitiveness Programmes (Energy, Innovation Projects) - Overview of the Structural Funds in Bulgaria in the Programming Period 2007-2013: stakeholders, opportunities for SMEs IBA 04 Presentation SME Development Projects co-funded by the EU in the CEI Region Gaining technological and environmental leadership: Enel’s “Environment and Innovation Project” Climate change is a global problem, which is already affecting our society, the way we conduct business and live our lives. It is an enormous challenge that we cannot ignore, and which is becoming increasingly important. In particular we believe that the risk of climate change requires the use of the best technologies and research for the development of new and friendly solutions for the environment. Technological and environmental leadership is one of Enel’s strategic targets. In our vision, we will be able to produce the necessary amount of energy at reasonable costs and zero emissions. We believe that, in order to be leaders in the energy sector, one has to be a leader in environment and innovation For this reason Enel has decided to launch a new project, called “Environment & Innovation Project”: over 4 billion Euros in five years for research, renewable energies, development and application of the most advanced technologies. The plan, which is unprecedented at Enel and almost unequalled in global terms, will add focus to our day-to-day attention regarding efficiency and continuous improvement. Our final goal is zero-emission power generation. The Project doubles our financial efforts for developing generation from renewable sources (from 1.6 billion in the 2001-2005 period to 3.3 billion in 2007-2011). We will invest another 800 million Euros in the study of innovative renewable-energy concepts, in research projects on CO2 capture and storage, on the hydrogen frontier and in encouraging and promoting energy savings, i.e. the foremost and simplest way of protecting our environment. The speech will give some details about the main projects, focusing on some concrete examples of “intelligent energy” and new technologies. Environmental sustainability continues to be a key focus of our activities. As a global energy player, we have to work to the best of our abilities to deliver a better world to future generations and disseminate environmental awareness, so as to respond to the challenge of not changing the world: that’s the real revolution Mauro Bianchi Managing director TESEO Sprl, Belgium Contacts tel. +32 02 230 10 90 fax +32 0 2 230 13 77 e-mail : [email protected] Biography Mr. Mauro BIANCHI holds a BSc from the “Università Cattolica del Sacro Cuore”, Milan and a MSc from ULB, Brussels. He is fluent in French, English and Italian. He is the Managing Director and co-founder of TESEO Sprl, a partner and administrator of TRENDESIGN EEIG, former member of the Board of Directors of EMF – European Multimedia Forum, an independent ITC organization based in Brussels, and a consultant on European affairs, on RTD, ITC, training and co-operation policies. In 1988 he worked at the European Commission DGI in charge for the monitoring of the EU policies towards Poland, Hungary and Comecon countries, for the US Department for Trade he was in charge of a large study within the “Uruguay Round” GATT negotiation on the liberalisation of trade in services. From 1989 to 1992 he worked for Price Waterhouse Management Consultants and he was in charge for the activities within the EU 06/11/2007 14.43 Page 71 policy of aid for East and Central Europe. As Managing Director of TESEO Sprl, he has been consultant and representative of several organizations related to communication and IT activities and SMEs. We can list that: from 1993 to 1996 he represented RCS-Rizzoli Corriere della Sera publishing group in Brussels, from 1995 to 1996 he represented ALI (a reputed industrial association of North Italy) to the European Commission. From 1995 to 1998 he was responsible for the EU department of SACIS Spa (a RAI Radiotelevisione Italiana the Italian national TV company) in Brussels. Mauro has worked actively for local and regional authorities, especially in the strategic planning of SMEs support schemes in research and innovation. He has contributed to the design and implementation of instruments currently used by the Lombardia Region and has assisted other Italian regions in the “synchronization” of their instruments with those adopted at European level. Presentation Transferring Government to Business IST Good Practices to Eastern European New Member States Pro-active intelligence and support programme to stimulate European SMEs faced with research issues in the field of ICT security. Transferring Government to Business IST Good Practices to Eastern European New Member States. TRANSFER-EAST is a Specific Support Action, entirely financed by the DG INFSO, within the Sixth Framework Program. The project aims at favouring the transfer of learning, facilitating the exchange of e-government good practices and their transfer when appropriate and contributing to enhance the quality of e-government initiatives across Europe. In particular the project is aiming at transferring innovative eGovernment-to-Business (G2B) approaches and tools, successful practices and transferable cases to Public Administrations (PAs) in the five following New Member States (NMS): Slovenia, Slovakia, Czech Republic, Hungary and Poland. The result expected is the transfer to selected Public Administrations in 5 targeted NMS, partner of the project, 10 innovative Government-to-Business approaches/tools, successful practices, transferable cases. The first two project phases brought to the final selection, carried out by involved Public Administrations in New Member States, of 10 G2B GPs out of range of 32 cases initially identified. At present, Transfer-East is in its last and crucial phase, aiming at the implementation of G2B Good Practices exchange through the knowledge transfer activities. Presentation Pro-active intelligence and support programme to stimulate European SMEs faced with research issues in the field of ICT security Secure Force comprises a network of European partners promoting the participation of small and medium sized companies in the Seventh Framework Programme (FP7), the EU's main instrument for funding research and development across Europe. Secure Force is an ETI project focused on SECURITY research. SECURE FORCE is of interest of small and medium sized companies with an interest in SECURITY-research-related sectors, such as: Secure communication systems and services; Networked infrastructure security; Trasportation facility security (including aeronautics); Privacy and data protection; Protection against terrorism & bio-terrorism Crisis prevention and management. SECURE FORCE is also of relevance to Universitie, public research centres and large companies in the security fields with a view to integrating small companies with appropriate technologies and expertise in their security related R&D projects, funded through FP7. Hristo Mihailovsky Chief Executive Officer Bulgarian Credit Rating Agency, Bulgaria Contacts tel. +359 2 98 73 371 fax +359 2 98 76 363 e-mail : [email protected] Biography Hristo Mihailovsky is chief executive officer of the Bulgarian Credit Rating Agency (BCRA). He is responsible for entire company’s activity, as his tasks include supervising financial condition, presentation and promotion of the company on the Bulgarian and international market. He is directly responsible for regional development to the company and all the contacts with Bulgarian and international partners. Mr Mihailovsky has over 25 years experience in financial and economic sector. He has been Deputy Minister of Economy and Deputy Minister in Ministry of trade and tourism. In both cases he has been responsible for Foreign Economic Relations. Mr Mihailovsky has an experience as chief investment officer and deputy director of CARESBAC (care small business assistance corporation), a venture capital fund targeting SMEs. He has been Chairman or Chief of the Board of Directors in different Bulgarian prestige companies and banks institutions. Mr Mihailovsky has a master degree from Technical University in Sofia and master degree in Business Administration from University of Minnesota, with concentration in Finance and International Business. Presentation Assessment and transparency of creditworthiness as a tool for enhancing the competitiveness and support SMEs internationalization The presentation will cover the following topics: Closed capital market and lack of information as main obstacle for cross-border activities of SMEs non-transparency in business relations is a synonym of uncertainty and therefore higher risk for foreign companies entering a domestic market or dealing with domestic counterparties. What does an assessment of creditworthiness include? – it provides information not only on certain level of credit risk but on broader range of risks as well. For example risk arising from specifics of respective industry, operating risk, management risk, financial risk. The assessment includes detailed analysis of company’s strengths, weaknesses, opportunities and threats. Main beneficiaries from assessment of creditworthiness – banks, investors, other creditors, suppliers, customers, export insurance agencies, government institutions and policy makers. How to guarantee the transparency and objectiveness of creditworthiness assessment? – in order to achieve transparency and objectiveness of the assessment it cannot be accomplished by any of the interested parties but by an independent analyst. This will also accelerate the process of identifying cross-border partners and business opportunities. The experience of BCRA – we have 5 years of experience in assessing creditworthiness of Bulgarian companies. We use methodologies of “ICRA” Ltd. (an Associated Moody’s Investors Service) and carried out so far 85 business and 131 industry analysis and 256 credit reports. Case studies Giuseppe Saija Project Manager TESEO Sprl, Belgium speakers and project promoters 04_speakers_v4.qxp Contacts tel. +32 0 2 230 10 90 fax +32 0 2 230 13 77 e-mail : [email protected] Biography Mr. Giuseppe SAIJA, holds a MA in Asian Studies from the University of New South Wales (Australia) and a BA in Political Science. Formerly a journalist, he works since six years as a consultant specialised in Innovation and Research programmes for SMEs at European and national level. Giuseppe has worked in several ETI projects (Economic Technological Intelligence), guiding several SMEs of the IT sector into successful participation in research projects (PACT, under FP V, PATENT under FP VI). Giuseppe has a proven track record of services to SMEs in the successful preparation of Exploratory Awards, CRAFT and other typologies of research projects. Giuseppe has a strong expertise both in project management and communication activities. He has co-ordinated the URBEST project (a City of Tomorrow program of FP V), a network of local TV broadcasters producing a cycle of programmes on urban innovation themes at European scale and has been the leader of the audiovisual production area of the ADOPT-IT project (IST program under FPV) showing the best practices of 71 04_speakers_v4.qxp 06/11/2007 14.43 Page 72 the Interactive Electronic Publishing area in the IST programme. More recently, Giuseppe has been consulted by several international organisations for the launch of initiatives aimed at the consolidation of activities for the community of European SMEs. He has run several workshops on SMEs and research in Spain, Slovenia, Germany and Turkey. He is currently managing the INCITE project (IST– INCO programme under call 3) for the establishment of an IST NCP in India. Italian mother tongue, he is fluent in English, French and Spanish. Presentation Euro India Research Center. INCITE - INDIA MENTOR: Catalyst for Euro-India ICT Research Euro-India Research Center: From charting S&T capacities to forging collaboration. The Euro-India Research Center is the result of the combined experience of 2 FP6 ICT projects (INCITE and INDIA MENTOR), with the vision to structure permanently Euro-India cooperation in the IT sector. INCITE supported the creation of a National Contact Point to link the IT community of India to the activities of the IST programme and spread awareness about the IST funding programme to the Indian IT community. Building on the experience and results of the INCITE project, the India Mentor project looks at increasing significantly the participation of Indian organisations in the FP7 ICT programme. Both these projects fed/feed into the EIRC, as a way of giving Euro-India cooperation a solid and permanent support platform. The mission of EIRC is to encourage shared research initiatives around the strategic priorities set by the European Research Agenda Presentation speakers and project promoters FASTER – Fostering Alliances for Sustainable Transport in European Research 72 FASTER – “Fostering Alliances for Sustainable Transport in European Research” – was a thirty-month project co-financed by the European Commission within the “Stepping up Economic and Technological Intelligence” (ETI), Sixth Framework Programme (FP6). The European transport system has proved to be one of the most challenging sectors over the last years, due to its complexity and growth both in terms of people’s mobility and goods’ dislocation. Even though it has been focusing on transport companies’ intervention into big European projects, FASTER has also intended to raise awareness on the necessity to develop a safer and more environmentally-friendly intermodal transport (with a holistic approach taking into consideration the transport modes, logistics, alternative energy, infrastructures, urban mobility, need for companies dealing with the entire supply chain etc) towards companies often reluctant to innovate and contribute to a major wellness of the environment and of citizens. Within this context, FASTER has provided a platform of orientation services on the European research funding for companies of the transport sector, logistics, energy and related business areas with the aim of promoting their participation into the EU RTD projects under the Sixth and the Seventh Framework Programmes. Main free of charge services were offered by the FASTER partners to the companies operating in the transport, logistics, energy and related business areas sectors such as: To inform SMEs about research and innovation opportunities at the European level; To evaluate their adequacy for participation into the European funding opportunities and initiatives; To match partners’ offer and project needs based on the European Transportation policy. The project went well beyond its initial goals of introducing 55 SMEs into research projects. At the end of the activity, 82 SMEs had entered into research partnerships in European projects with the large industry and academia. 05_sponsors_sds_b.qxp 06/11/2007 14.48 Page 73 05_sponsors_sds_b.qxp 06/11/2007 14.48 Page 74 sponsors partners Forum Fellows United Bulgarian Bank KPMG Bulgaria OOD 5, Sveta Sofia Str. 1040 Sofia, Bulgaria tel. +359 2 811 + ext. fax 359 2 988 08 22 e-mail: [email protected] homepage: www.ubb.bg 37 Fridtjof Nansen St. 1142 Sofia, Bulgaria tel. +359 2 9697 300 fax +359 2 9805 340 e-mail: [email protected] homepage: www.kpmg.bg United Bulgarian Bank (UBB) is established in 1992. Since 2000 its main shareholder is the National Bank of Greece (99.9%) - South East Europe’s biggest financial institution. UBB holds full banking licence for domestic and overseas banking and financial operations. UBB is a leader in corporate and SME banking and investment banking. It ranks among the top three Bulgarian banks for personal banking, being number one bank for credit card services and online banking. UBB holds leading position on the domestic consumer and home loan market. The bank’s 200 branches offer corporate and retail banking services for over 1.5 million customers. UBB provides direct access to the other NBG Group subsidiary banks in Serbia, Romania, Turkey, FYROM, Cyprus, Greece and Albania. The bank has correspondent relations with over 700 banks abroad. KPMG is a global network of professional firms providing audit, tax and advisory services. We operate in 148 countries and have more than 113,000 professionals. KPMG in Bulgaria was established in 1992. The company is a leader in the professional services market in Bulgaria with 250 employees in its offices in Sofia and Varna. KPMG offers its clients high quality service combining understanding of the local environment with international know-how. Through its multidisciplinary capabilities and deep industry experience KPMG advises businesses on how to exploit new opportunities, improve performance, manage risk and enhance value. KPMG in Bulgaria provides audit and accounting, tax and legal, corporate finance and transaction services, risk management and IT advisory, as well as people services to international and local clients. The firm is experienced in a wide range of sectors, including financial services; information, communication and entertainment; industrial and consumer markets; private equity; energy and utilities; infrastructure, government and healthcare. vivatel 8 Totleben Blvd. 1606 Sofia, Bulgaria e-mail: [email protected] homepage: www.vivatel.bg vivatel is the newest mobile operator in Bulgaria, owned 100% by BTC AD, the biggest Bulgarian company with public equity interest and the main telecommunications operator. The successful launch of vivatel took place in November 2005. The company offers the full range of mobile services – attractive proposals for consumer and business clients. The mobile operator has caused a revolutionary change on the telecommunications market from its very first day. vivatel brought real competition on the mobile services market in Bulgaria and was the reason for the prices to drop to the generally accepted international levels in comparison to their former high values. vivatel has an unprecedented growth and popularity in the Bulgarian telecommunications sector. It reached a market share of 10% for almost year and a half after its launch and it ranks among the most successful and fast developing mobile operators in Europe. Moreover vivatel leads the prestigious classification Top 100 of the most dynamically developing Bulgarian companies. At present vivatel offers some of the most competitive mobile services to consumer and business clients, roaming with more than 110 countries all over the world as well as third generation services. 74 06/11/2007 14.48 Page 75 Lead Sponsors Co-Sponsors Bulgargaz Holding EAD Ecobulpack JSC 66 Pancho Vladigerov Blvd. 2 Ljulin Housing Estate 1336 Sofia, POB 3, Bulgaria tel. +359 2 939 62 00 fax +359 2 925 04 01 e-mail: [email protected] homepage: www.bulgargazholding.bg Zona B-5 Parteniy Nishavski Str. Blue Palace Business Center 1303 Sofia, Bulgaria tel. +359 2 812 86 12 // 812 86 10 fax +359 2 821 93 67 // 920 06 98 e-mail: [email protected] homepage: www.ecobulpack.com Bulgargaz Holding EAD is a single owner joint-stock company being 100% state-owned property and having its registered seat in the city of Sofia. Bulgargaz Holding EAD has as its business object capital equity and management of companies in the field of the supply, transmission, transit, storage and public supply of natural gas, telecommunication services, coordination between the companies to implement a uniform policy in the field of natural gas, informational services, analytical and control activities, participation in external investment projects and performance of any own production or trading activity. Three daughter companies are included in the structure of Bulgargaz – Holding EAD – Bulgargaz EAD performing the functions of natural gas public supplier, Bulgartransgaz EAD performing the functions of combined operator and Bulgartel EAD, trader in the area of telecommunication technologies. Ecobulpack is the leading Bulgarian National Packaging Waste Recovery Organization. We provide dependable, reliable and responsible waste management solutions. Our team creates and maintains efficiency in the process of managing packaging waste from the industry, commercial facilities, as well as the Bulgarian households through collecting, sorting and recycling the packaging waste. This process facilitates our business partners and provides protection for the environment. We provide the opportunity for our clients to fulfill their obligations for separate waste collection and recovery of packaging released on the Bulgarian market while exempting them from environmental packaging tax (Product fees). In accordance with the environmental regulations we reinvest all our annual profit in sustainable separate waste collection systems. Natsionalna Electricheska Kompania EAD ENEL 5, Veslets Street 1040 Sofia, Bulgaria tel. +359 2 926 3636 fax +359 2 987 2550 homepage: www.nek.bg Viale Regina Margherita 137 00198 Rome, Italy tel. +39 06 83051 homepage: www.enel.it The electric power system of Bulgaria is part of the united system of Continental Europe (UCTE) composed of the electric power system of 23 countries as well as parts of Denmark and Ukraine. Their annual electricity consumption reaches 2 500 TWh. The annual demand growth is about 2%. The closure of Kozloduy nuclear units 3 and 4 has resulted in about 6 TWh of reduced generation capability of Bulgaria. A number of prerequisites makes rather likely energy shortfall to be experienced by the Balkan region in the years to come. This endangers the security of supply and development of the electricity market in the Region. To avoid further aggravation of the problem, Bulgaria is undertaking a set of measures intended to achieve a quick positive result. partners 05_sponsors_sds_b.qxp Enel is Italy’s largest power company, and Europe’s third-largest listed utility by market capitalization. Listed on the Milan and New York stock exchanges since 1999, Enel has the largest number of shareholders of any European company, at some 2.3 million. It has a market capitalisation of about EUR 50 billion at current prices. Enel produces and sells electricity mostly in Europe, North and Latin America. In the power business, Enel has 50,776 Megawatt of generating capacity and has 32 million electricity customers. Enel is also the second-largest Italian distributor and vendor of natural gas, with over 2.3 million customers and a 12% market share. The company has 58,548 employees and operates a wide range of hydroelectric, thermoelectric, nuclear, geothermal, wind-power, and photovoltaic power stations. In 2006, Enel posted revenues of 38.5 billion euros, EBITDA of 8 billion euros and net income of 3 billion euros. Enel was the first utility in the world to replace its customers’ traditional electromechanical meters with modern electronic devices that make it possible to take meter readings in real time and manage contractual relationships remotely. This innovation has enabled Enel to implement time-of-use electricity charges, which offer customer savings for evening and weekend electricity use, an initiative that has attracted interest from many utilities around the world. 75 05_sponsors_sds_b.qxp 06/11/2007 14.49 Page 76 Co-Sponsors OMV Gas International GmbH Alstom Power Italia S.p.A. Floridsdorfer Hauptstrasse 1 1210 Vienna, Austria tel. +43 1 27500 - 0 fax +43 1 27500 - 28791 e-mail: [email protected] homepage: www.omv.com Viale Edison 50 20090 Milano, Italy tel. +3902243481 fax +3902243482166 homepage: www.alstom.com OMV Gas International is a 100% subsidiary of OMV Aktiengesellschaft, one of the leading oil and gas companies in Europe. In the business field Marketing & Trading it sold 14.1 bcm natural gas in 2006. The sold transportation capacities in transit lines in Austria amounted to approximately 47 bcm. In addition to supplying gas for Austria, these lines carry gas to Germany, Italy, France, Slovenia, Croatia and Hungary. With an exchange volume of up to 1.7 bcm per month the Central European Gas Hub developed into one of the most important gas platforms in Europe. partners Yazov Ltd. Blvd. “Hristo Botev” 92C, fl. 4 City of Plovdiv, Bulgaria tel. +359 32 655 002, 655 200 fax: +359 32 655 003 e-mail: [email protected] homepage: www.yazov-bg.com Yazov Ltd offers the highest quality of construction on the market today. Since 1991, we have provided superior service to our customers and have assisted them in achieving their goals. Our 16 years of experience and commitment to excellence have earned us the reputation as the one of the best in the area both in Israel and in Bulgaria. The company was found on 30.01.1991 by the name of “Yazov” SLtd with sole-owner eng. Dimitar Yazov. In 2002 it was transformed into “Yazov” Ltd. Since 1995 the company’s activity is mainly focused on Israel. The company has constructed over 150 projects on the territory of Israel with total construction area of more than 1 million square meters. In 2002 the company came back on the Bulgarian market, where currently it is working on 16 projects in Plovdiv and Sofia as an investor, general contractor or subcontractor. 76 Supporters CMS Adonnino Ascoli & Cavasola Scamoni. Via A. Depretis 86 00184 Rome, Italy tel. +39 06 47 81 51 homepage: www.cms-aacs.com Sofia offices: CMS Cameron McKenna EOOD tel. +359 2 921 99 10 homepage: www.law-now.com CMS Reich-Rohrwig Hainz tel. +359 2 921 99 21 homepage: www.cms-rrh.com/sofia DEVNYA CEMENT, Italcementi Group 9160, Devnya, Bulgaria Industrial Zone tel. +359 5199 2420 fax +359 5199 3214 homepage: www.devnyacement.bg EURECNA Srl - Renewable Energy Division Via della Pila, 3/A I30175 Venezia-Marghera, Italy homepage: www.eurecna.it 05_sponsors_sds_b.qxp 06/11/2007 14.49 Page 77 HEWLETT-PACKARD Bulgaria Ltd. UniCredit Bulbank 55, Vaptzarov Blvd. EXPO 2000 1407 Sofia, Bulgaria tel. +359 2 96 98940 fax +359 2 969 8988 homepage: www.hp.com/bg Head Office 7, Sveta Nedelya Sq. 1000 Sofia, Bulgaria tel. +359 2 9232 111 fax +359 2 988 46 36 homepage: www.unicreditbulbank.bg Iride Acqua Gas S.p.A. Wiener Börse AG Via SS. Giacomo e Filippo 7 16122 Genova, Italy tel. +39 010 558.115 fax +39 010 5586.284 homepage: www.iride-acquagas.it Wallnerstraße 8 P.O.Box 192 A-1014 Vienna, Austria tel. +43 1 531 65-0 fax +43 1 532 97 40 e-mail: [email protected] homepage: www.wienerborse.at Viale Certosa, 247 20151 Milano, Italy tel. +39 02 30 70 21 fax +39 02 30 70 25 42 e-mail: [email protected] homepage: www.merloniprogetti.com Yavlena Ltd. 76 A “Gen. Gurko” str. fl. 1 Sofia 1142, Bulgaria tel. +359 2 810 50 fax +359 2 810 50 09 e-mail: [email protected] homepage: www.yavlena.com partners Merloni Progetti S.p.A. SAP Labs Bulgaria Ltd. 136 A, Tsar Boris III Blvd. 1618 Sofia, Bulgaria tel. +359 2 9157-692 fax +359 2 9157-691 e-mail: [email protected] homepage: www.sap.com 77 05_sponsors_sds_b.qxp 06/11/2007 14.49 Page 78 media partners International Media Partner Media Partners in Bulgaria International Herald Tribune Investor.bg Business Development Director International Herald Tribune / New York Times Media Group 6b rue des Graviers 92521 Neuilly Cedex office +33 (0)1 41 43 93 80 cell +33 (0)6 61 84 88 93 fax +33 (0)1 41 43 94 40 homepage: www.ihtinfo.com 205, Al.Stamboliiski blvd, fl.8 1309 Sofia, Bulgaria tel.+359 2 812 98 12 e-mail: [email protected] homepage: www.ibg.bg Media Partner Darik Radio 82, Dondukov blvd 1504 Sofia, Bulgaria tel. +359 2 9849 840 e-mail: [email protected] homepage: www.darik.net // www.dariknews.bg partners ISI Emerging Markets a Euromoney Institutional Investor company 225 Park Avenue South New York 10003, USA tel. +212 610 2900 fax + 212 610 2950 homepage: www.securities.com Info Radio 1, Alexander Zhendov blvd 1113 Sofia, Bulgaria e-mail: [email protected] homepage: www.inforadio.bg Stroitelstvo Gradat Weekly Newspaper 104, Akad. I.E. Geshov bul., fl.1, office 1 1612 Sofia, Bulgaria tel. +359 2 958 88 33 e-mail: [email protected] homepage: www.stoitelstvo.info 78 05_sponsors_sds_b.qxp 06/11/2007 14.49 Page 79 Vagabond Duma Daily Bulgaria's English Monthly 23 Budapest St tel. +359 2 983 13 27 e-mail: [email protected] homepage: www.vagabond-bg.co 113 A, Tzarigradsko Shausse Blvd. 1000 Sofia, Bulgaria tel. +359 2 9705 200 homepage: www.duma.bg Corriere Italia Bulgaria Your Business Magazine 42 B, Kiril i Metodii str. 1202 Sofia, Bulgaria tel. +359 2 983 25 08 e-mail: [email protected] homepage: www.tbmagazine.net 24, Simeonovsko shose blvd. 1700 Sofia, Bulgaria tel. +359 2 961 57 57/56/55 e-mail: [email protected] homepage: www.cib.bg Moite Pari LTD 11, Industrialna str. Business center “Vasilev Plaza” 1000 Sofia, Bulgaria tel. +359 2 813 34 00 e-mail: [email protected] // [email protected] homepage: www.pari.bg // www.ipo.bg 110 Rakovski str. 1000 Sofia, Bulgaria tel. +359 2 989 9648 e-mail: [email protected] homepage: www.moitepari.bg partners Business Media Group Pari Daily Finzoom Financial Guide Network Seenews 16 Ivan Vazov Str 1000 Sofia, Bulgaria tel. +359 2 9376 498 e-mail: [email protected] homepage: www.seenews.com Deyan Vassilev (CEO) 110 Rakovski STR. 1000 Sofia, Bulgaria tel. +359 2 981 8885 e-mail: [email protected] homepage: www.finzoom.com 79 06_pubblicita.qxp 06/11/2007 14.59 Page 102