18 March 2018
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ACRA held a presentation for international investors at the Russian Ambassador's residence in London

On November 2, the Analytical Credit Rating Agency (ACRA) held a presentation at the Russian Ambassador’s Residence in London. The event was attended by top managers of the leading British and international investment companies, banks and enterprises of various sectors of the economy, as well as by representatives of international audit and legal firms, and the media.

During the event ACRA CEO Ekaterina Trofimova made a presentation about the Agency as well as delivered the ACRA forecast for the Russian economy.

“ACRA’s inception coincided with the introduction of rating activity regulation in Russia,” said Ekaterina Trofimova. “The combination of high professional standards and absolute transparency of the Agency for the market, investors and regulators allows to expect our ratings and analytical judgments to be recognized by a widest possible range of users. For foreign investors and banks, the Agency’s opinion may be especially valuable, as it is based not only on deep understanding of the Russian market, but also on extensive international experience of our team, including the one pertaining to credit ratings.”

“Extensive economic growth fueled by a more proactive utilization of production factors (such as labor and capital), or supported by a favorable external environment, is unlikely in the coming years, so the only real way to restart economic growth is through productivity increase,” said Ekaterina Trofimova. “In the next five years, we expect new economic stimuli to emerge, as lower inflation is to lead to an increase of investment planning horizons and financial market instrument maturities. A potential growth of income proportion in aggregate revenues of the economy should bring about additional investment opportunities, which are likely to be financed by enterprises’ own cash.”

The full version of the ACRA macroeconomic forecast is published on the Agency’s website: https://www.acra-ratings.com/research/88



Reception in honour of departing Embassy staff at the Ambassador’s Residence

On 16 March 2018 Ambassador Alexander Yakovenko hosted a reception in honour of the diplomats forced to leave the UK by the hostile decision of the British Government, attended by Embassy’s staff, family members and their friends.


Russian delegation visits UK

On 11-13 March 2018 Deputy Minister of Education and Science of the Russian Federation Grigory Trubnikov visited UK. The visit was dedicated to the successful end of the bilateral Year of Science and Education.


Russian Embassy hosts the concert by Mr Dmitry Masleev

On 12 March the Embassy hosted the private performance by Mr Dmitry Masleev.


Russian Embassy hosts briefing for diplomatic corps

On 5 March Ambassador Dr. Alexander Yakovenko welcomed Ambassadors accredited to London, senior Foreign Office staff, MPs and Lords and representatives of think tanks at a briefing dedicated to the Presidential Address to the Federal Assembly delivered on 1 March.


Ambassador Alexander Yakovenko’s remarks at the Defender of the Fatherland Day reception, 27 February 2018

Your Excellencies, Military Attachés, Ladies and Gentlemen, Today it gives me a great pleasure to welcome you all at this reception. We celebrate the Day of the Russian Armed Forces – probably the most cost-effective military organization on this planet. At least that's what I see from the figures published by the very respectful IISS institution – Russia spends 46 bln. US dollars on defence, whereas UK – 52 bln. dollars, USA – an amazing 600+ bln. and all NATO countries combined – more than 1 trillion dollars. And still even with this absolutely disproportional defence spending Russia manages to maintain an Army which effectively fights terrorism in Syria, protects our borders and sovereignty at home.


Heritage activists honoured on Diplomats' Day

On 9 February 2018, at the reception on the occasion of Diplomats' Day, Ambassador Alexander Yakovenko presented letters of recognition to those who contributed to the commemoration of the 320 anniversary of Peter I's visit to London. Ambassador Yakovenko said:


Embassy celebrates Diplomats’ Day

On 10 February Russia marks the professional holiday of the diplomatic service, established by a Presidential decree in 2002 to commemorate its foundation in 1549. On 9 February the Russian embassy hosted a reception attended by diplomatic corps, local authorities, journalists and distinguished community members. Highlight of the evening was screening of the documentary “Kremlin – sacred heart of Moscow”, presented by its filming team. Ambassador Alexander Yakovenko presented letters of recognition for commemoration of Peter the Great’s 1698 Grand Embassy in Deptford. World famous pianist Yuri Rozum played at the event. Following the tradition, Ambassador Yakovenko laid a wreath to the grave of Ambassador Alexander Benckendorff at the Westminster Cathedral, and members of Embassy staff laid flowers to the graves of Russian Chargés d’Affaires Fr. Iakov (James) Smirnove at Kensal Green Cemetery and Evgeny Sablin at Brompton Cemetery. In the run-up to Diplomats’ Day, Ambassador Yakovenko met with students of University College London and University of East Anglia, and one more Embassy Q&A was hosted by the Durham University.


Meeting with "Glasgow Rangers" FC

On 8 February 2018 Consul General of Russia in Edinburgh Andrey A.Pritsepov received the head of one of the oldest Scottish football clubs "Glasgow Rangers" Scott Steadman and the legendary player of the club William Henderson. They discussed prospects for renewal of cooperation with the Russian clubs, in particular the "Dynamo Moscow" team, with participation of youth and junior teams, coaches and fan associations. They presented an album "Rangers in Russia: The Story of the 1962 Tour" to the Consulate General, which tells about the memorable matches played by Rangers with the teams “Locomotive Moscow”, “Dynamo Tbilisi” and “Dynamo Kiev”.


Presentation of the “Innopolis” special economic zone

On February 1, 2018, the Russian Embassy to UK with support of the Russo-British Chamber of Commerce hosted a presentation of the investing capacity and innovation opportunities offered by the “Innopolis” special economic zone which was created in 2012 in the same-name suburb of Kazan, the capital of the Republic of Tatarstan with the aim to promote information and communication technologies.


Holocaust Remembrance Day marked in London

On 26 January 2018 a ceremony at the Soviet War Memorial near the Imperial War Museum marked the International Holocaust Remembrance Day.

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