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20.06.2011   А1 press-releases

Mikhail Khabarov, President of А1, gave an interview to Business-FM radio station at the XV St. Petersburg International Economic Forum

At the XV St. Petersburg International Economic Forum Mikhail Khabarov, President of А1 Investment Company, answered questions put to him by Business-FM, Russia’s largest business radio station. During the interview he gave an assessment of the current trends in development of the Russian economy, and indicated the key areas for the Company’s development over the next few years.

Mikhail Khabarov stated that А1’s main objectives were, and remain, developing new areas of business for the Alfa Group Consortium, acquiring new assets in order to increase their capitalisation.

In the interview Mr Khabarov underlined the importance of А1 for the Alfa Group Consortium, and indicated the key areas of investment for the Company, which, as has always been the case with А1’s business, will be closely linked with the priority areas for the development of Russian’s economy as a whole.

“We can easily be an exporting country which feeds not only itself, but the world as well,” said Mikhail Khabarov. In this connection the foodstuffs sector, in his opinion, could become an area of investment for А1, and possibly new business for the Alfa Group Consortium. Further, the runaway growth in the level of consumption in Russia makes any form of retailing an attractive prospect for A1’s investment, whether it’s in terms of goods or services, or the pharmaceuticals sector, the A1 President emphasised.