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Greetings on the 15th anniversary of the State Development Corporation VEB.RF

May 17, 2022

Vladimir Putin sent greetings to active and retired employees of the State Development Corporation VEB.RF on the 15th anniversary of the establishment of the development bank of modern Russia, which replaced the USSR’s Vnesheconombank.

The message reads, in part:

“Over the years, VEB.RF has won an impressive business reputation and has evolved into one of the most successful national corporations. Its diverse and essential activity is aimed at implementing crucial projects in high-tech economic sectors, upgrading infrastructure, promoting non-commodity and non-energy exports, and supporting small and medium-sized businesses.

By strengthening ties with commercial banks and investors, VEB.RF is actively involved in building new airports and motorways, port terminals and plants, modern schools and medical centres, in modernising the public transport system, and it successfully and actively promotes effective examples of public-private partnership.

I am confident that you will continue to cherish the wonderful traditions of your predecessors and to work conscientiously for the benefit of Russia and its citizens.”

May 17, 2022