Sochi 2014 Organizing Committee used no public money in 2010 and will continue so in 2011

The Organizing Committee of the 2014 Sochi Olympic games has declared that it used no public funds in 2010, managing to attract more that $1 million within the framework of its marketing program.

The same decision to waive the right for governmental funding has been made for 2011.

«The beginning of 2011 was marked by success for the Committee in different areas of acitivities. In general, the planning has moved on to a new footing and has become more detailed,» said the president of the Russian Olympic Committee Alexander Zhukov as quoted by 2014 Sochi official website.