Mar 28, 2011 at 11:35 AM
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PwC Takes Professional Services Role For Sochi 2014

PwC will be the Official Professional Services Provider for the XXII Olympic Winter Games and XI Paralympic Winter Games in Sochi. PwC is the Official Professional Services Provider to the Games. As part of the deal, PwC will work with the Sochi 2014 Organizing Committee on over 70 projects in the areas of planning, preparation and staging of the Games, including taxation, human resources, sustainability, marketing, financial planning and budgeting.

PwC is extremely proud to have been entrusted by the Sochi 2014 Organizing Committee to help plan, prepare and stage the Games – and to help deliver a larger legacy of socioeconomic development that the Games make possible," Robert Gruman, Partner and Advisory Leader at PwC Russia, said. "In working with the Organizing Committee, PwC has the chance not only to provide strategic advice, but also to offer practical solutions for a range of management, sustainability and planning challenges. We are helping the Sochi 2014 Organizing Committee to pioneer a new approach to preparing the Games, implementing a project-oriented organization. We are forming a unique model for managing large-scale national projects, which can be adapted to other events of a similar scale."

As it gears up for 2014, PwC has already assisted the Organizing Committee in setting up its budgeting and reporting processes, and carried out an analysis of the Organizing Committee’s personnel and resource planning needs.

“PwC has been active in Russia for more than 20 years and has made significant contributions to Russia’s economic development," Dmitry Chernyshenko, President and CEO of Sochi 2014, said. "Working together with PwC and based on global best practice, we have developed an advanced model for managing the Sochi Games. Ahead of us lies the larger task of managing the Games’ legacy.”

The General Partners of the 2014 Games are Aeroflot, MegaFon, Rostelekom, Rosneft, Sberbank, VOLKSWAGEN Group Rus, Russian Railways and BOSCO Sport. Ingosstrakh is a Partner of the Sochi 2014 Organizing Committee.