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Interros has taken the decision to branch out its Cinema Park chain, previously part of the Profmedia holding company, into an independent business. Representatives from Profmedia and Interros are to sit on the Board of Directors which will take care of the strategic management of the company.
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Topics Cinema Park The biggest national cinema chain Cinema Park has announced today the acquisition of 100% of Rising Star Media shares (operates under the brand name Kinostar de Luxe) from UFG Private Equity, owned by Shari Redstone and Paul Heth. By the end of 2011 Rising Star Media will be fully integrated into the Cinema Park chain. The acquisition was financed by Interros shareholder Vladimir Potanin.
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Topics Cinema Park The Olympic courses for alpine skiing disciplines are open at one of the key venues of the Olympic Games in Sochi-2014, the new alpine centre Rosa Khutor (Sochi, Krasnaya Polyana). The six courses are open as the part of the completion of the first stage of the resort construction. The day before the International Ski Federation (FIS) confirmed the approval and issued the certificates of homologation of the following race courses at the alpine centre Rosa Khutor: Downhill (men and ladies), Slalom (men and ladies), Super G (men and ladies). The first test events at the Rosa Khutor the Russian Cup (February 9 to13)and one of the European Cup series (February 15 to 26) in Alpine skiing in February 2011 will be held at these courses.
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Topics Rosa Khutor