Background
On September 20, 2007, Deutsche Bank and ArtChronika presented their nominations of over 250 names for the Kandinsky Prize in a press conference. Their work was displayed in exhibitions at Moscow’s Central House of Artist and in St. Petersburg. It was eventually cut down to 50. The winners were announced in December. The objective is to promote contemporary Russian art and to offer insights into the art scene's most important trends and perspective.
"This is a natural progression. In the last two years, we have had the Biennale, art fairs and many exhibitions. With all these events, there comes growth in numbers of art critics, art investors, art foundations and institutes, and so we decided there should also be an art prize," Nikolai Molok, the editor of ArtKhronika.
Read more about this topic: Kandinsky Prize
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