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Russia’s 2018 FIFA World Cup infrastructure update
2014-06-18 source own In light of the start of the 2014 FIFA World Cup in Brazil, the Russian Minister of Sport, Vitaly Mutko, has released a new estimate of the costs for the 2018 World Cup in Russia. Since the initial estimate, the cost for holding the tournament has now dropped by 44 billion rubles ($1.3 billion) to 620 billion rubles ($17.5 billion).
German fitness market dominated by Gym chains
2014-06-12 source own Over 8.6 million Germans have a gym membership, roughly 9.5 percent of the population. The number of fitness gyms has been growing recently, with total number of gyms now at 7,940. 2013 saw an 8.1 percent increase in gym memberships across the country compared with the previous year.
Popularity of Tennis in Czech
2014-06-10 source own Tennis is a leading growth sport in the Czech republic with the recent success of its current professionals one of the major reasons for growth of the Sport as well as the Czech republics golden past of producing global Tennis stars.
Bosnia’s First World Cup
2014-04-15 source own Bosnia-Herzegovina will take part in their first ever World Cup when the tournament kicks off in June. Bosnia-Herzegovina had an outstanding campaign on the highway to Brazil 2014, winning 8 of their 10 matches, drawing and losing just once
EBRD supports SME's in Central Europe
2014-04-15 source own Small to medium enterprises (SME’s) are at the for front of economic growth for virtually any country or region with the Central European region being no differen to the rest of Europe. The European Bank for Reconstruction and Development (EBRD) provides support for SME’s in many different ways enabling them to grow and develop, starting with providing finance both directly and through our the
Poland and Slovakia submit joint bid for the Olympic Winter Games
2014-04-15 source own The Polish city of Cracow (Krakow) and the Solvakian area of Jasna have submitted a joint application to hoist the 24th Olympic Winter Games and 13th Paralympic Winter Games in 2022. The proposal for the games will take place in the Polish and Slovakian Tatra Mountains area. This bid is one of 6 bids for the 2022 Olympic Winter Games, the other contenders are :- Stockholm, Sweden; Oslo, Norway; Al
E-Commerce growing in Central Europe
2014-03-21 source own The 8 Central Europe countries Austria, Czech Republic, Germany, Hungary, Poland, Switzerland, Slovakia and Slovenia experienced growth of 19.1 % for E-Commerce sales in 2012 which is close to the European average of 19.9%. Poland had the strongest growth with a 24% increase with the average spend per person at €432 euro’s, Austria has the highest spend per person in E-Commerce at €2,0
Overview of Sport in Poland
2014-03-18 source own Sport participation in Poland is on the rise with a range of sports growing faster in Poland then some of the more traditional western European country's.
Jack Wolfskin Central Eastern European business up 13.7% in 2013
2014-03-14 source own Jack Wolfskin the sports outdoor clothing specialists saw its business grow by 13.7% in Russia and Central Eastern Europe during 2013. The company recently set up a subsidiary in Russia to aid its ambitions to developed its business in this growing sports market. Jack Wolfskin has recently agreed new sales and distribution partners in Hungary, Bulgaria and Romania as well as opening up new stores
Katusha Pro Cycling team celebrates its 5th year
2014-02-21 source own 2014 sees the fifth anniversary of the formation of the Katusha Pro Cycling team. The Russian backed team was formed out of the embers of the of the Tinkoff Credit Systems squad. The pro racing team was part of the Russian Global Cycling Project, that was set up to promote cycling in Russia.
Growth of Mixed Martial Arts in Russia and Central Europe
2014-02-13 source own There was a time when if you thought of mixed martial arts fighters you automatically thought of fighters from the US and Brazil, with the occasional Brit thrown in for good measure. But now the sport truly has become a worldwide phenomenon, with fighter’s competing from all over the world, including Russia and other Eastern European countries
Winter Olympics:Sochi prepares
2014-02-03 source own On February 7th , for a little over two weeks, the eyes of the sporting world will be focused on Sochi in Russia for the 2014 Winter Olympics. As with all Olympics, both summer and winter there tends to always be elements of controversy in the build up to the games, but once the sporting Action gets under way, all that is forgotten and the world's top sportsmen start to grab the headlines and no d
Russia World Cup 2018:The reconstruction of "Luzhniki StadiumM" will cost 83 billion rubles
2014-01-07 source own Moscow authorities have approved a draft plan for the reconstruction of "Luzhniki stadium", for reconstruction of existing buildings and construction of new facilities.
Bulgarian Sports Market land of opportunity: Bulgaria’s sports goods marketplace is ready to strengthen
2014-01-07 source own Bulgaria isn’t well known for specialized sports outlets, however local firm Sportrax only recently declared plans to open 3 stores in leading Bulgarian urban centers soon. The country’s principal sports chain, Sport Depot, already has over 17 outlets.
GSI Outdoors is expanding into Cental Eastern Europe (CEE)
2014-01-07 source own GSI Outdoors, the U.S. marketer of outdoor cooking gear, is expanding into CEE with a focus on the Polish Outdoor market.
Sales of Bicycles growing in Poland
2014-01-07 source own Based on figures from the Polish Bicycle Association, Poles bought 992,000 bikes in 2012; approximately a quarter of a million more when compared to 2009, which was a remarkably slow year for bicycles in Poland and worldwide. According to Kross, the largest Polish bike manufacturer, after some years of stagnation the Polish bicycle market is starting to move again.
Jack Wolfskin broadens its business in Central Europe
2014-01-07 source own The German based outdoor company has kept to its promise to become much stronger in Russia , by opening up its own subsidiary for the market—Jack Wolfskin Rus Ltd. At the same time, the company unveiled its 1st retail outlet in Moscow Jack Wolfskin, it already has three stores in Saint Petersburg Russia.
Sportmaster, sporting equipment and products market leader in Russia
2014-01-07 source own Currently, Sportmaster Group is the leading sporting goods market leader in Russia as well as in the CIS states, as well as the most significant East European company operating a chain of a lot more than 300 branded sporting goods supermarkets and hypermarkets. Sportmaster Group is among the top three European sporting goods retailers, and also enters the top twelve global sporting goods retail ch
Central and Eastern Europe the most significant growing ski market
2014-01-07 source own The largest growth market for the Ski and Winter sports at present is Russia and Central and Eastern Europe, both in relation to the amount of skiers as well as in regards the growth and development of new ski resorts. Nations not in the past regarded as skiing destinations, such as Bulgaria, Poland, Czech, Slovakia and Russia have started being offered by a lot of international travel agency as h
Bulgarian sports market and growth oppurtunties
2014-01-07 source own As any other former communist country in Southern Europe, Bulgaria has a long reputation in sports, regarded as a political and national pride. Stefka Kostadinova still holds the women`s world record holder in the high jump, Tereza Moncheva Marinova has proved that youth isn`t a disadvantage in the triple jump, since she was rewarded as the world junior record, Veselin Topalov and Antoaneta Stefan
Sports Industry growing in Romania
2014-01-07 source own Romania, one of the Southern-Eastern countries in Europe, is famous for a triad of sportsmen: Nadia Comaneci, Ilie Nastase and Gheorghe Hagi. Sports are a national reason to celebrate, to feverishly live a moment in time, but as well sports in this country need to be supported by different sponsors, providing incomes to sportsmen and professional equipment.
e-bikes sales improving in Czech
2013-12-23 source own Czech cyclists are warming to e-bikes; double digit sales rise expected for 2013. Cycling is the most-practiced sport in the Czech Republic (as well as the second-most popular, next to football). So, why aren’t the streets of the Bohemian and Moravian cities crowded with people on bicycles.
The Ice Hockey World Championship CHAMPIONSHIP-2016 Is Going To Be held in Moscow and ST.Petersburg
2013-12-23 source own On May 13th the extraordinary meeting of the Congress of International Ice-Hockey Federation was conducted in Bratislava in the Slovak Republic, where Russia submitted its bid for the right to host the World Championship in 2016. Denmark and also the Ukraine that presented their bids at a pervious meeting have withdrawn their bids at the meeting of the Congress which was held before the special me
Sport Scheck’s Germany’s Giant Sports Retailer Opens Flagship Store in Munich
2013-12-23 source own On October 10th at 10am Sport Scheck’s long-awaited Munich flagship retail outlet celebrated its grand opening. Germany’s top sporting goods multi-channel retailer invested 13 million euro in the super-sized, four floors,10,195m² store.
E-Bike Market in Germany grows to 600,000 units
2013-12-23 source own Unusual springtime weather conditions and a poor e-bike test by a national tourist association with about 40 million members, does not affect the popularity and rise in of electric bicycles in Germany. For this year (2013) another double digit sales growth for e-bike's is forecasted .
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