Presentations from NRCC Business Seminar in Petrozavodsk, Karelia on 24 September 2019

Status in Norwegian–Russian Trade 2019. Cooperation within Aquaculture sector. By Jarle Forbord, Managing Director, NRCC and Hans-Olav Rekdal, Senior Project Manager, NRCC.

Economic Development and Investment Potential of the Republic of Karelia. By Pavel Burenkov, Minister of the Economic Development and Industry of the Republic of Karelia

Norwegian wood house construction – potential for cooperation. By Bjørn Ove Volden, Export Manager, Hunton

Karelian timber industry – a wide range of opportunities for bilateral cooperation. By Roman Petukhov, Head of Analytics and Timber Industry Department, Ministry of Natural Resources and Environment of the Republic of Karelia.

Norwegian Aquaculture sector – latest developments and innovations. By Alexei Bambulyak, Senior Adviser, Akvaplan-niva

Norwegian Economy: status and outlook. By Katarina Sætersdal, Senior Advisor, Confederation of Norwegian Enterprise

Aquaculture sector in the Republic of Karelia. By Evgeny Rekin, Head of Fisheries Development Department, Ministry of Agriculture and Fisheries of the Republic of Karelia

Investment Fund for North – Western Russia and Eastern Europe. By Hans Christian Dall Nygård, Head of the State Investment Fund for North–Western Russia and Eastern Europe

Automation and decision-making support at aquaculture enterprises in Karelia. By Alexander Rumyantsev, Senior Researcher, Karelian Research Centre, Russian Academy of Sciences

Aquaculture in Norway:Planning, control and monitoring. By Gjermund Bahr, Senior consultant, Akvaplan-niva AS, Tromsø

Agricultural park AQUA-BIOTECH KARELIA: background for establishment and development prospects. By Yuri Saveliev, Professor, North-West Institute of Management of the Presidential Academy of National Economy and Public Administration, Consultant for the agricultural park project

Landbased trout farming – the total value chain. By Trond Karlsen, Sales Manager, AquaOptima, part of ScaleAQ

Modern trout processing and freezing trends in Aqua. By Dag Roar Arntsen, Sales Manager Aquaculture, Optimar and Grigory Pokotilo, Optimar representative in Russia

Game changer in fish farming on land. By Torbjørn Haaland, CEO, Nordic Molecule, a subsidiary of Jutland Group











NRCC member company Law Firm Selmer has launched a "Sanctions Map" - a comprehensive overview outlining the current EU and Norwegian sanctions against different countries world-wide. Based on the feedback from our members, we believe that this could be a valuable tool for NRCC member companies and other market players doing business in Russia.

Click on the map to access the overview for Russia-related sanctions.

Sanctions map by Selmer



urban growth

On 23 May 2019, BI - Norwegian Business School will host the 6th annual Norwegian seminar of green economics, focusing on Urban development into the future.

-Mission-Oriented Innovation for 100 carbon neutral cities by 2030, launched by Mariana Mazzucato, UCL London, to be presented by project leader Martha McPherson 

-A good disruption on food, mobility, buildings by CEO Martin Stuchtey from Systemiq / McKinsey.

-Good Urban density, by prof. Kathy Pain from Reading Business School

The Norwegian Seminar on Green Economics - URBAN GREEN GROWTH is a collaboration between BI (Norwegian Business school), Oslo University, and IFE and members of NRCC are welcome to join.

Urbanization could in principle be a strong enabler of a green, net-positive economy. But on our current trajectory, cities are growing into 'more of the old' rather than the infrastructure for a new better economy. This seminar gives you the theory, practical examples and opportunity for mingling to get you updated. The event is open to guests and may be of interest to NRCC members.

See full program on web.

Free attendance, but registration required.  




2019 SPIEFSt. Petersburg International Economic Forum will take place on 6–8 June, 2019


The St. Petersburg International Economic Forum (SPIEF) is a unique event in the world of business and economics. SPIEF has been held since 1997, and since 2006, it has been held under the auspices of the President of the Russian Federation, who has also attended each event.

Over the last 21 years, the Forum has become a leading global platform for members of the business community to meet and discuss the key economic issues facing Russia, emerging markets, and the world as a whole.

The main events of the St. Petersburg International Economic Forum this year will take place on 6–8 June, 2019 at the ExpoForum Convention and Exhibition Centre.


This publication is a part of NRCC's partnership with the Roscongress Foundation - one of the organizers of SPIEF.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions, and public events.

The Roscongress Foundation was founded in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

The Foundation’s events draw more than 80,000 participants each year from 195 countries, with more than 10,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 2,500 people working in Russia and abroad. In addition, it works in close cooperation with economic partners from 75 countries worldwide.

An up-to-date calendar of the Foundation’s events in Russia and abroad is available on the official Roscongress website







The Norwegian-Russian Chamber of Commerce (NRCC) fears the Russians will turn their backs on Norwegian companies if the sanctions regime continues. "Dagens næringsliv", 8 and 9 April 2019

On the eve of today's meeting between Norwegian Prime Minister Erna Solberg and Russian President Vladimir Putin, Liv Monica Stubholt was interviewed by a daily Norwegian business newspaper "Dagens Næringsliv".

The president of the NRCC says theres is a fear that great political backdrop could hit Norwegian industry hard in the long run.

"The knowledge of Russia's markets and Russian interest in Norway may be diminished if the restrictions persist," said Stubholt.

In the article Stubholt is quoted: "Important Norwegian companies such as Equinor and Kværner have invested and deliver in Russia, but in the long term there is a risk that the Norwegian oil and gas sector's long-term position can be taken over by others, partly by countries with the same sanction rules as Norway."

The president of the NRCC commented on how different European countries with the same sanctions rules have different approaches to supporting their business sector working towards and with Russia: "It seems to us that both the authorities and the business community in several European countries, including Sweden, Germany and Italy, are more aggressive in measures to promote the business sector, for example, with participation in the St. Petersburg international forum."

Read the full article here (available in Norwegian only).

DN 2019 04 09








Innoprom 2019INNOPROM-2019 is an international industrial trade fair that will take place in the Ekaterinburg-Expo International Exhibition Center from July 8 to July 11, 2019.

INNOPROM is an efficient international trade platform which is one of the main tools for export of Russian industrial products. In 2018, more than 600 corporate industrial exhibitors participated in the exhibition that was visited by 46,000 people from 107 countries during 4 days, 76% of all visitors being Russian and foreign top managers. The business program included more than 160 events: round tables, discussions, and master classes with participation of management from companies that are key industrial players, largest branch associations, and specialized state institutes.

The participants of INNOPROM-2018 were international industrial companies leading in their respective branches: FANUC, State Corporation ROSTEKH, Yamazaki Mazak, Sinara Group, Siemens, State Corporation ROSATOM, Dassault Systèmes, Almaz-Antey Group of Companies, Siempelkamp, Chelyabinsk Pipe-Rolling Mill, UGMK Holding, and others.

The main theme of INNOPROM-2019 is ‘Digital Manufacturing: Integrated Solutions’. The partner country is Turkish Republic. It is expected that heads of largest industrial enterprises from Germany, Japan, Italy, China, Switzerland, South Korea, the Eurasian Economic Union countries and other countries will be among international participants of INNOPROM-2019.

Download a presentation of Innoprom 2019







Innovation Norway appoints Kirkenes Forvaltning AS as a fund manager for the new investment fund for North-West Russia and Eastern Europe.
NRCC congratulates a former member of the BoD, Hans Christian Dall Nygaard, and our member of the NRCC Council, Bjørn Celius, with the contract. We are looking forward to close cooperation in the years ahead!

Read the full announcement at Innovation Norway's website.







The aim of the NRCC is to stimulate and improve business relations between Norwegian and Russian companies regarding import, export, shipping, business development, tourism or investment activities. More...


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