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Schneider Electric at the 20th Economic Forum of Krynica, PolandOften 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.
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 One way to achieve it is to move from outdated technologies to the modern, smart energy networks like Smart Grid…
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.
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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