Georgia’s Orthodox patriarch to visit Moscow to mark Russian patriarch’s 70th birthdaySociety & Culture October 23, 4:21
Iraqi forces enter last settlement on northern approaches to Mosul — mediaWorld October 23, 3:56
Azerbaijan’s president says his country will not increase oil outputBusiness & Economy October 23, 3:29
Second round of parliamentary election to be held in Lithuania on SundayWorld October 23, 2:49
Russian Duma delegation to take part in BRICS forum, IPU Assembly in GenevaRussian Politics & Diplomacy October 23, 2:11
Ceasefire in Syria violated 44 times in 24 hours — Russian reconciliation centerWorld October 23, 1:36
Russian national delegation would be more effective at US election — expertRussian Politics & Diplomacy October 23, 1:09
Russia looks to produce Zika vaccine in Nicaragua — health ministerSociety & Culture October 23, 0:20
Russian diplomat calls to compare death tolls in Iraq under Hussein vs under US ruleRussian Politics & Diplomacy October 22, 21:00
MOSCOW, January 22 (Itar-Tass) - Gazprom’s board has approved a contribution of 3.3 billion roubles (about $100 million) to the property of Lazurnaya, the company managing the four-star Radisson Lazurnaya hotel in Sochi, the gas holding reports Wednesday.
In 2008 Radisson Lazurnaya located on the Black Sea coast was determined as headquarters of the International Olympic Committee (IOC) at the Winter Olympics 2014. The hotel was constructed in 1993 by a joint venture of Sochi, Gazprom and Turkish companies Gama and Erna. In 2008 Gazprom purchased 16.66 percent of the hotel from Gama, thus boosting its stake from 78.03 percent to 94.69 percent.
The hotel has 287 rooms, four restaurants, two night clubs, swimming pools, a beach, a health center, water entertainments, a children’s club and an excursion agency.
Contribution to property is a way of investing in the OOO (Russian entity similar to LLC) if investment is made irrevocably and without changes of capital.