VIENNA - international conference »The Financial Repression of Savers and Investors«, also with Triglav Insurance Company representative, and Mr Verbič's discussion about the radical encroachment upon the rights of Slovene and European shareholders

After a successful cooperation in the Slovene business delegation during the visit of the Slovene Foreign Minister in Moscow, VZMD representatives who took care of suitable presentations of companies, institutions, and investment projects included in investo.si and invest-to.net, also arrived from Moscow to Vienna on Friday, this time especially on the basis of the interest of Triglav Insurance Company, which has sent two of its representatives to the Conference, namely Mr Jošar and also the Executive Director for Finances, Mr Uroš Ivanc. They both used this opportunity for networking and talks with numerous respected international participants.

In the framework of the round-table discussion VZMD President opened a discussion related to the opinion about the so called »hair-cuts of investors in Slovenia«, which could also become an example for other countries. VZMD President presented the problems of the proposal of the Slovene Law Amendments about Banking Act (ZBan-1L), which explicitly and retroactively encroaches upon the rights of the holders of subordinate bonds of banks. He also emphasized that those preparing and making decisions in this process have said that the adoption of such law is, in spite of all convincing doubts, inevitable, because the European Commission insists on it, and the Commission is not willing to accept any negotiations, let alone allow any indulgence, therefore his debate was intended mostly for the representative of the European Commission for Internal Market and Services, Mr Carlos Marvall. More news to follow in video news coverage this week.

Along with Mr Jošar and Mr Marvall there were also some other representatives participating in the round-table discussion – a co-founder and President of the European Crowdfunding Network Mr Olivier Gajda, the president of the Union Asset Management Holding AG Mr Joachim von Cornberg, and the representative of the Austrian Federal Chamber of Labour and ESMA member Mrs Gabriele Zgubic-Engleder.

After the opening addresses by IVA President Mr Wilhelm Rasinger and the President of EuroFinUse Mr Jean Berthon, who opened the Friday's Conference, the assembled audience were addressed by: the President of the Austrian National Bank Mr Claus J. Raidler, the Executive Director of the Austrian Agency for the Supervision of Monetary Market Mr Helmut Ettl, the President of the Board of Vienna Insurance Group Mr Peter Hagen, Dutch economist and publicist Mr Edin Mujagic, a member of the European Economic-Social Committee Mr David Croughan, and the Executive Director of EuroFinUse Mr Guillaume Prache (in the photo right: Guillaume Prache, Jean Berthon, Kristjan Verbič and two representatives of the Russian Association of Investors Aleksej Smirnov and Andrew Lesovoy). After the Conference had been finished, the reception was held at the premises of the Austrian Mnistry of Finances.

For more information about the conference programme, please click HERE.

Investo.tv team has also been present there recording the Conference, and investo.tv has this year already been recording a similar conference EuroFinUse which took place in April in the European Parliament (VIDEO), and in May this year it has been following in Vienna the International Conference of the European Network of Business Angels EBAN 2013 (VIDEO). Therefore this week we can expect another exclusive video news-coverage about these interesting events.

After this year's successful presentations in Astana, Almaty, Baku, Brussels, Bucharest, Vienna, Kiev, Ljubljana, Madrid, Moscow, New Delhi, Tokyo and Zagreb, VZMD is pleased to invite all who would like to take part in the activities to contact VZMD investo.si programme coordinator by phone 031 770 771, or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it..

Other Related International Activities:

MOSCOW – At the Slovenian Embassy about a joint investors’ conference in the fall – an arrangement between the Russian Federation of Investors, VZMD and the Slovenian Embassy (Moscow, June 2013)

KAZAKHSTAN – a successful visit of the Slovenian business delegation in Kazakhstan – strong interest displayed in the international investors’ programs of the PanSlovenian Shareholders’ Association (VZMD): investo.si and investo.international (Astana, Almaty, June 2013)

WORLD BANK – President of VZMD and EuroFinUse Board Member speaker of the first panel at the international conference about audit reform and the importance of audit committees (Bucharest, June 2013)

VIENNA – EXCLUSIVE VIDEO REPORT from the European meeting of venture and start-up capital funds and the congress of business angels’ network EBAN 2013 – an active role of VZMD and its international investors’ programs investo.si and investo.international (Vienna, May 2013)