2009

25

Feb

Rosneft pledges $180 mln for Sochi Olympics

Rosneft (ROSN.MM), Russia’s largest oil firm, pledged $180 million for the 2014 Sochi Winter Olympics on Tuesday, becoming the games’ third sponsor after the government scaled back spending on the event by 15 percent.
Rosneft will also build over 150 new gasoline stations ahead of the games, half of which will be spread across parts [...]

Filed under: Olympics• commodity prices• controlled company• deputy prime minister• distance telephone company• gasoline stations• international olympic committee• kozak• long distance telephone• long distance telephone company• mobile phone operator• natural resource firms• oil firm• organising committee• rostelecom• russian businesses• russian prime minister• sea coast• sochi 2014• vladimir putin• winter olympics Posted by RSS

2008

27

Oct

Storm clouds hang over Sochi Olympics

With Russia mired in its worst financial crisis in a decade, the Kremlin is throwing boom-time profits at its problems. But as the coffers empty out, concerns are mounting for the government’s pet project – the Winter Olympics in Sochi just six years from now.
Recent tenders for key Olympic facilities have failed for lack of [...]

Filed under: 2014• Olympics• sochi 2014 Posted by RSS