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Vladimir Putin held a meeting on a new system of financial support of Russian olympians

November 3, 2005, The Kremlin, Moscow

The head of the Presidential Administration, Dmitri Medvedev, informed the head of state that Russian companies plan to create a large fund to support Russian olympians.

The funds initial resources are 30 million USD.

The fund for Russian olympians is supported by EurasHolding, Sibneft, Alfa-Group, Lukoil, Surgutneftegas, TNK-BP, Russian Aluminium, Sistema, Saint Petersburg Banking House, Novolipetsk Steel and Interros.

The head of the Federal Agency for Physical Culture and Sport, Vyacheslav Fetisov, President of the Russian Olympic Commitee, Leonid Tyagachev, President of the Sistema, Vladimir Evtushenkov, and chairman of the board of directors of Novolipetsk Steel, Vladimir Lisin, also took part in the meeting.

November 3, 2005, The Kremlin, Moscow