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The UniCredit Venice Award announced within the 54th Venice Biennale

01.03.2011

The UniCredit Venice Award fits perfectly into the context of our Group artistic engagement. In its inaugural year, this international contemporary art award is dedicated to artists from Central and Eastern Europe (CEE) who are participating in the 54th Venice Biennale (June 4 – November 27, 2011). For each CEE country at the Biennale, an artist or artists will be selected by the curatorial commission of that country’s national pavilion or by the curators associated with relevant collateral events. A panel of judges, consisting of the UniCredit for Art Scientific Commission, together with delegates from our Group’s top management, will select the winners based the creativity and innovation of their work, as detailed in the official announcement of the competition.

The prize of €150.000 will be awarded to the best project submitted. The work, or the winning works, will become part of UniCredit’s collection and will then be loaned, free of charge, to a contemporary art museum in the home country of the winning artist (s) for public viewing.

The CEE countries that have their own pavilions at the Biennale include Azerbaijan, Croatia, the Czech Republic, Estonia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine. Countries represented by collateral events include Bulgaria and Bosnia-Herzegovina.

The deadline for submission of applications is April 30, 2011. On May 16, a press release will announce a list of up to five finalists. The winner or winners will be announced at an award ceremony in Venice on June 4, 2011.

UniCredit’s engagement with culture has a long and distinguished history. For an international organization like ours, art is a language that seamlessly connects different places and cultures, providing valuable opportunities for engagement within the countries in which we live and work. Collaborating with young artists and tapping into their creativity generates the type of new energy and ideas that we consider essential to the sustainable development of our communities.

To view Rules and annexes of Biennale

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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