OREANDA-NEWS. June 17, 2011. Alexey Gnedovsky, Veles Capital CEO, will participate in XV St. Petersburg International Economic Forum, which is being held June 16-18, 2011 with the support of the President and Government of the Russian Federation.

SPIEF is one of the world`s leading discussion forums, bringing together prominent politicians, corporate executives and experts to deliberate on key issues of the global economy. Central themes of this year are securing balanced growth, prospects for technological progress and creative potential growth. There is also a strong focus on the modernization of the Russian economy, and improving the investment climate in Russia.

Veles Capital IC has been operating in Russian fund market since 1995 and is rated amongst TOP-5 largest Russian investment companies by total securities’ turnover with 5,6 trln RUB (183,1 bln USD) in 2010. The company renders full range of services for corporate and private investors in stock market including corporate financing, financial consulting, wealth management, depositary services, analytical support. Veles Capital brand also unites Veles Management Asset Management company, Veles Capital Development company, Veles Lex law consulting firm, Veles Pharma innovation venture company, Veles Personnel HR-consulting company, Veles Leasing and subsidiary companies in Ukraine and Cyprus.