Olympic SK

The Olympic Stadium is the unique multifunction sports and spectacular object of Russia which by right is considered as a sight of Moscow. "Olympic" consists of two main buildings – stadium and the swimming pool. The complex was built specially to the XXII Olympic Games of 1980 in Moscow. From the moment of construction to this day Olympic remains the biggest covered sports construction in the territory of Europe, and at the time of opening to it was not equal in the world.

Assets

For 2014 an object consists of two main buildings - stadium (148 thousand sq.m) and the pool (49 thousand sq.m). The total area of a complex is about 213 thousand sq.m, the land area on which real estate of open joint stock company - 167.1 thousand sq.m. is located. The maximum capacity of the arena - 35 thousand viewers. For 2014 annually only the pool Olympic is visited by more than 1 million people.

Owners

For August, 2014 Dmitry Shumkov is the owner of Olympic Stadium.

Performance Indicators

Revenue of sport center from holding concerts and sporting events and also rental of premises made 1.255 billion rubles in 2013, net profit - 26.37 million rub^[1].

History

2019: Sberbank will allocate the credit of 39 billion rubles for updating of Olympic Stadium

Sberbank approved in July, 2019 selection of the credit of Kiyevskaya ploshchad Group for a period of 10 years for the amount of 39 billion rubles for complete redevelopment of capital sport center Olympic.

The Singapore company "DP Architects" which portfolio such sign objects as the world's largest Dubay moll shopping Center more than 1 million sq.m and shopping center "Paragon" on 0.5 million sq.m in Singapore enter took part in project development.

The Olympic Stadium will become the sports and entertaining object, largest in Europe, which will place under the same roof the greatest possible quantity of various sports and the accompanying infrastructure.

The sports component of an object will include swimming and hopping pools, aquapark, a zone of beach sports, the full-fledged diving center, fitness, universal gyms for tennis and streetball, squash, the running park, an outdoor ice ice rink, the center of extreme sport, gyms and other sports zones.

In Olympic the concert hall will remain and also the scientific and informative center for children and adults with planetarium and a digital library, the movie theater, cafe and restaurants, a trade zone will appear.

2014

Dmitry Shumkov redeems a share of Moscow in the Olympic Stadium

The lawyer and the businessman Dmitry Shumkov in 2012 participating in an election campaign of Vladimir Putin became the owner of a controlling stake of JSC Sports Complex Olimpiysky. Investments of the new investor into purchase of a share in Olympic and the subsequent reconstruction of a complex are estimated almost at 10 billion rub^[1].

In May, 2014 little-known Neftegazprod Ltd was announced by the winner in biddings at which 64% of stocks of Olympic Stadium belonging to Moscow were on sale. In SK the company agreed to pay for control to the Government of Moscow 4.67 billion rubles.

Who stands behind the new owner of Olympic, it was unknown. Sources of Kommersant and Vedomosti told that the buyer acts for the benefit of Moussa Bazhaev, the co-owner of the Alliance Oil oil company. But later at a meeting of the Mayor of Moscow Sergey Sobyanin with Club of investors as the new owner of Olympic the lawyer Dmitry Shumkov was provided.

Shumkov said that Neftegazprod Ltd is controlled by its RPPO investment fund, Prime agency reported. Commenting on purchase of Olympic, he told that he would like to create an analog of the New York Madisson Square Garden in Moscow. As the new owner he promised to reduce a share of concerts in Olympic and also to close retail in the territory of a complex.

"It is necessary to develop a sports component, adding section on soccer, basketball and other games there", - Shumkova quotes ITAR-TASS. He promised to begin reconstruction of a complex with fall of 2014, and the general amount of investments into the project estimated at 5 billion rubles.

Shumkov did not tell journalists about a financing source of the transaction and the planned reconstruction of Olympic. Whether Bazhaev - unclear will participate in the project (his representative refused comments). Shumkov recognized that he is well familiar with the entrepreneur. And Vedomosti with reference to Shumkov reported that he even is a co-owner in a number of Bazhaev's assets, including Russian Platinum company and some assets of Alliance Oil.

The company "The highest league "Trust" of the head of MosCity Group Paweê Fuchs remained the minority shareholder (27.45%) of Olympic. She did not submit the application for participation in biddings.

In April, 2014 the First Deputy Head of Department of physical culture and sport of Moscow Nikolay Gulyaev said that the new owner of Olympic will not be able to change appointment of sport center, and that will work in the usual mode for citizens. "It is difficult to revaluate value of Olympic for Moscow, it is one of the main sports constructions of the capital", - he noted.

The leading pool on number of world records on swimming

For 2014 in the pool Olympic the largest number of world records on swimming was set up.

2009: Carrying out tender "Eurovision"

In 2009 in Olympic the prestigious international musical contest "Eurovision" was held.

In different years in Olympic Alla Pugacheva, Beyonce, Aerosmith, PinkFloyd, the Cinema group, Rammstein, KylieMinogue, Muse, Shakira and Scorpions, LinkinPark and also many other contractors attracted capacity crowd.

1980: Opening of the largest indoor stadium in the world to the Olympic Games

"Olympic" it was constructed specially to the Olympic Games of 1980. At the time of opening the largest indoor stadium in the world.

1979

Construction of sport center Olympic, Moscow, 1979.

Notes