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PRBC PROFILE

Company Name Pennsylvania-Russia Business Council (PRBC)
Mailing Address 1760 Market Street, Suite 1100 • Philadelphia, PA 19103
Telephone and Fax Tel: (215) 708-2628, (215) 963-7079 • Fax: (215) 963-9104
Web-site and E-mail http://www.fita.org/prbcprbc@att.net
President / CEO Mr. Val Kogan
Business Description
Since 1994 the PRBC has worked to foster business relations between Russia and the Newly Independent States (NIS), and the U.S. Mid-Atlantic Region, while cultivating mutual appreciation of political, economic, cultural and educational interests. The goal of the PRBC is to enable companies based in the U.S. Mid-Atlantic Region to enhance their positions in Russia and the NIS, and to attract Russian businesses to the U.S. Mid-Atlantic Region
Markets
The PRBC is a major non-profit organization in the Mid-Atlantic Region that provides information about and services related to Russia and the NIS. The PRBC places emphasis on industries in which the Russian market is most lucrative and prosperous, including Advanced Technology, Energy and Environment, Pharmaceutical and Biotechnology, Materials/Nanotechnology, Manufacturing Technology, Information Technology, Transportation, Instrumentation, Communications, Air, Space and Surface Transportation, Agriculture, and more. The PRBC organizes more than 25 events annually, including many targeted to companies in these particular industries
Latest Achievements
Since mid-1997, the PRBC has been actively involved in developing cooperation with Russian regions. Since that time, the PRBC signed agreements with nearly twenty regional Russian Chambers of Commerce and Business Associations including Moscow and the Moscow Region - which is the epicenter of most Russian technology-related enterprises, and others. The PRBC and its members are involved in number major projects in Russia, such as nonproliferation and an effort, under the guidance of the Russian Duma - American Congress working group, to establish a mortgage financial system. Also, the PRBC is responsible for the extremely successful series of seminars titled "The Changing Face of Russia." These seminars were critical to the education of regional companies with regard to the changing business environment in Russia after the financial crisis in 1998. The PRBC hosted eleven such seminars in 1999 and five seminars through May of 2000. In 2001 the PRBC, jointly with the U.S. Department of State, has been organizing a six-seminar series titled "Russian Science and Technology Opportunities for U.S. Businesses." This seminar series has proven to be an excellent way to learn more about the opportunities for business and technology cooperation between American and Russian companies
Commentary
The emerging Russian market is proving to be a challenging but lucrative one for many companies in the U.S. Mid-Atlantic Region. The PRBC provides these companies with the necessary tools and connections to succeed in the rapidly expanding market. The Russian Business Opportunities Symposium and Ambassadors Business Forum, two biannual gatherings organized by the PRBC, are the foremost events in the Mid-Atlantic Region dedicated to promoting business opportunities within Russia and the NIS. In Spring 2002 the PRBC, jointly with the U.S. Department of State, has been organizing another six-seminar series titled "Russian Science and Technology Opportunities for U.S. Businesses." The series will culminate at the Russian-American Innovation Technologies Trade Show and Conference at the Union League in Philadelphia in Summer 2002. This is the most ambitious Russian-American technological event ever to take place in the Mid-Atlantic Region


Cultivating Economic and Cultural Partnerships
between the U.S. Mid-Atlantic States and Russia