Kirill Kornilyev, General Director, IBM East Europe/Asia, Leonid Sorkin, General Director, Honeywell Russia, and Ilya Okhtyrsky, General Director, the MBC Corporation, met on 1 March 2012 to discuss joint participation in the projects of the Skolkovo Innovation Center, in founding an R&D center under the Moscow Institute of Physics and Technology, and in designing and building the Ozerny Mining and Smelting Plant in the Republic of Buryatia. Sergei Garichev, Deputy General Director, the MBC Corporation, Dean, Faculty of Radio Engineering and Cybernetics, Moscow Institute of Physics and Technology, delivered a report and made several proposals at the meeting. The participants decided to go ahead with the discussions in working groups, with an eye to working out mutually acceptable agreements.