Mercer to include Sochi in it’s Cities Rankings

Other stories June 29th, 2009

“Mercer publishes rankings for 240 cities, and … is expanding the list to include two unlikely places due to high demand: Sochi, Russia – site of the 2014 Winter Olympics – and the North Korean capital, Pyongyang.” This is a quote from the swissinfo.ch article on importance of the city ranks and surveys for global companies.

Mercer is the highly regarded consulting company, which, among other things, surveys cities and ranks them on various topics. The two popular surveys you most often see the media discuss are Quality of Living and Cost of Living surveys. The latter one is popular in Russia to discuss, as Moscow tops it year after year for god knows how long now.

Such surveys are often used by global companies when making decisions on opening new offices abroad. The same article cites Mercer’s Geneva office say “1,600 companies pay membership fees to have access to all of the consultancy’s data, and another 18,000 place orders for various surveys.”

Does anyone reading have access to the complete Quality of Living published in April ‘09? I wonder if Sochi was already included, and I wonder how it did :)

Few short news (Nov ‘08)

Development, Olympics 2014, Sochi News November 30th, 2008

Since I’m still not finding much time to write more about Sochi, here are some short news that have been happening recently:

Financial crisis and Sochi investment projects

Amid the global financial crisis and the news that many investors are wrapping up their big real estate projects all around Russia and around World, not a single investor withdrew from the already concrete Olympic projects in Sochi – which is good news. However, new investors are not so quick to jump in anymore, so, the promised Government’s financial guarantees will come handy after all, I guess.

Georgia changes it’s mind

Georgia, which was one of the first to congratulate Russia on winning the Olympics bid, and who’s president said he supported Sochi bid from the beginning.. Same Georgia which then started a war on the first day of the Olympics in Beijing – something that western media was quick to call “Russian propaganda”, but more recently admitted it was Georgia who started it, and finally even Georgian president admitted giving the order to attack South Ossetia after high ranking Georgian official publicly said the same thing… That same Georgia few days ago tried to appeal to IOC to move Olympics from Sochi to another city – the move that IOC has quickly dismissed.

I think now Georgian or Abkhazian question in Sochi Olympics formula is finally closed forever: Georgia attacked Abkhazia (along with Ossetia) → Georgia lost → Russia officially recognized Abkhazia’s independence, which means Abkhazia can help with constructions and will benefit from increased tourism flow to the region → Russian troops will anchor for now in Abkhazia to ensure the region’s stability → IOC acknowledges Sochi is a safe city for the Olympics, the World class event – the cycle is complete for the next decade.

Explosions investigation

Three persons were detained in connection with explosions in Sochi that occurred earlier this year. No details yet, though.

Investors did not show interest in Sochi’s Olympic venues

Development, Olympics 2014 August 13th, 2008

Olympstroy, state corporation responsible for coordination of the Olympic construction in Sochi, could not attract investors for some of the Olympic venues. The tender’s deadline was August 8, but there were no proposals for four projects, including the ice arenas.

The Olympstroys’ tender projects are tandems of Olympic venue plus hotel(s). Lenta.ru quoting Pokrov Invetment Group’s President saying that pay-off period for hotels can be from eighth years and more, while for the sports venues from 12 years to never. By his calculations sport venue + hotel tandem could take more than 20 years to pay-off.

Meanwhile, officials are not surprised about the outcome. The press secretary of the Ministry of Regional Development said that ice arenas in many countries are not paying off and are built on governments’ funds. However, the administration had to try to find private funds for these venues.

Now there will be separate tenders for the hotels, while Olympstroy will finance the venue constructions, and run separate tenders for prime contractors for the venues construction.

Information from Lenta.ru and Kommersant.ru

Helping out with Olympics preparations: the Olympic tenders and investment opportunities!

Development, Olympics 2014 August 6th, 2008

Sochi Olympic Cooperation

Own a business or have money to invest? You can help Sochi to get things done on time! :)

There are two places I know where you can find information about Olympics-related tenders. One is the official website of the Sochi Organizing Committee for the Olympic Games, and the other one is the website of the state corporation “Olympstroy”.

And these are not only tenders for construction of the Olympic venues for the Sochi Olympic Games, but also for smaller stuff, like supplying construction equipment, autos, office supplies and equipment, providing services like financial audits and technical expertise for various events, etc.

The trick with the Organizing Committee for OG is to monitor both Russian- and English-language versions of the websites. French-language version of the website doesn’t have any information on official tenders. Most tenders are published in the Russian section (of course in Russian language), and fewer are on English (in English). Looks like it depends on the tender where each one goes. Right now there are five open tenders in the Russian section.

The Russian section also lists several high-level open vacancies open in the Organizing Committee. I assume this means that the candidate has to be fluent in Russian. The English section’s “vacancies” section is empty for now.

Sochi Olympic tenders from the Sochi Organizing Committee for the Olympic Games:
- Russian language
- English language

The state corporation “Olympstroy” opened redesigned website about a week ago, and also lists all tenders there Read the rest of this entry »

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