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                          Schneider Electric at the 20th Economic Forum of Krynica, Poland

                          Often called the “Davos of Central Eastern Europe”, the 20th Economic Forum took place in Krynica, Poland, from September 8 to 11. This year, over 2,350 guests attended the event, the most important of the kind in Central and Eastern Europe. Schneider Electric was there as well, acting as one of the main partner.
                           
                           
                           
                           

                              

                          The main mission of the Forum was to promote a better political and economic cooperation between the European Unions and its neighboring countries. Discussions panels and plenary sessions were about macroeconomics, energy, innovation and sustainable development.
                          Set before European presidencies of Poland and Hungary, the Krynica Forum encouraged discussions between officials and heads of companies about the future of European Union. Schneider Electric took this opportunity to deliver a message about the importance of energy efficiency in Europe.

                           
                           

                           
                           
                           
                           
                           

                          As a global specialist of energy management, Schneider Electric took part to one plenary session and two discussion panels.

                          Will new technologies revolutionize the electrical power industry?

                          Nowadays, energy resources have become increasingly scarce and expensive. Meanwhile, the technological revolution is entering the areas of energy production, transfer and consumption. We have to combine economic growth and growing demand on energy with reduction of CO2 emission. There is a need for a better energy co-operation between countries and common implementation of energy efficiency solutions. One way to achieve it is to move from outdated technologies to the modern, smart energy networks like Smart Grid…

                          Around this thesis, Schneider Electric invited Balazs Felsmann, Head of Research Centre for Strategy and Int. Management, Budapest Corvinus University; Petr Ivanek, Country Manager, CEZ Group Poland; Jean-Yves Leonnec, Executive Vice-President of Strategic Initiatives, Orange; Andrzej Czerwinski, President of the parliamentary subcommittee on energy, Polish Parliament to give their opinions and thoughts. Christian Wiest, Executive Vice President Customers & Alliances, Schneider Electric, was representing Schneider Electric.

                           

                           

                          How to make up for the lost distance?

                          Christian Wiest also participated to the plenary session “How to make up for the lost distance?” with other panelists Juergen Fitschen, Member of the Group Executive Committee, Deutsche Bank AG; Luc Frieden, Minister, Ministry of Finance of Luxembourg; Arseniy Yatsenyuk, Member of the Parliament of Ukraine; Walter Radermacher, General Director, Eurostat; Bernard Wientjes, Chairman, Confederation of Netherlands Industry and Employers (VNO-NCW) and Paul Jorion, Professor of Economy and Antropology. Thesis of this panel was that, in spite of the global slowdown, the European economy still grows. Fast reactions and solid responses to structural problems have always been vital in order to keep the global upward trend. Neglected and ignored problems seem to come back now and gain importance, clearly threatening Central and Eastern Europe in particular. Profound tasks as reforms in such areas as public finances, pension system, health care do need special attention and bold decisions. In quest for further economic advancement, and while catching up with Western Europe, it is necessary to learn from others and use their experience. Due to timely reforms and strict moves, some European countries managed to create resilient economies. Central and Eastern Europe has to follow this path in order to secure its better future. Further reluctance to deal with serious problems will undoubtedly have fatal consequences for the economy reversible only with major interventions and heavy support from international and European financial institutions.

                           
                            Responsible Property Investment and energy efficiency in buildings
                          This panel discussion was exploring the fundamental principles that lie behind the concept of Responsible Property Investment; what are the key drivers and barriers, what are the main risks and opportunities, what benefits can be realized from adopting this approach. The session examined specifically the value of energy efficient buildings, the importance of real estate on economies, and how the built
                          environment contributes towards social and environmental challenges in a global context.
                          Marc Coroler, Senior Vice President Central Europe, Schneider Electric, was taking part to this panel.

                          Schneider Electric also led a press conference on energy security, presenting how Schneider Electric and its solutions could contribute to solve this problem.

                            
                           
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