Company Worth 10,000 RUR to Get Yekaterinburg Ready for EXPO 2020

24 August 2011 (08:54)

An autonomous non-profit organization is to be set up in Sverdlovsk Region to deal with the organization and submission of Yekaterinburg’s EXPO 2020 application. The organization will also work on setting up a coordination committee for the World Universal Exhibition. The company’s assets will probably comprise a voluntary donation of 10,000 RUR deducted from the region’s budget.

Consequently, Yekaterinburg will be competing for EXPO 2020 through a company with only a token authorized capital. On the other hand, even the very first draft budgets for the application process strike one’s imagination. For one, the regional authorities have already allocated 300m RUR to prepare the application in question.

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