8 September 2012
VTB Bank is donating 20 million rubles worth of equipment supplied to Russky Island for the APEC CEO Summit to Far Eastern Federal University. The summit took place in a building that will later be incorporated into the university and its student campus.
VTB President and Chairman of the Management Board Andrey Kostin chaired this year’s APEC CEO Summit, which was attended by 750 distinguished business executives from the Asia-Pacific region, as well as political leaders. Delegates discussed globalisation and economic integration, financial cooperation, development of transport infrastructure and new technology. Education — a particularly sensitive issue in Asia-Pacific — was another important focal point.
We have decided to make a tangible contribution to support President Vladimir Putin’s decision to develop Far Eastern Federal University into an international education and research centre. We are confident that it will promote an exchange of technology and develop human resources, both of which are key to achieving a breakthrough in Russia’s Far East.»
VTB President and Chairman of the Management Board
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