A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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The economics of sports: effective partnership between the government, media, and business in the run-up to the 2018 FIFA World Cup
2 June 2017

It is expected that Russia will spend a total of approximately USD 20 billion on hosting the FIFA World Cup in 2018. This sum includes not only the cost of building and refurbishing stadiums and other sporting facilities, but also expenditure on developing rail, air, and road networks, as well as on expanding and modernizing the available stock of hotels and other public and tourist facilities. What factors must be taken into consideration when organizing major sporting events to ensure the effective use of infrastructure in the future? How can investments like these increase Russia’s tourism potential and holidays to sporting event venues? What impact can optimizing logistics have on the general economic climate in Russia’s regions? What are the social consequences of huge sporting events?

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