The Limited Times

Now you can see non-English news...

Milan-Cortina approves the 2026 budget of 1.5 billion

2023-03-22T16:28:32.794Z


The Board of Directors of the Milano-Cortina 2026 Foundation unanimously approved the lifetime budget for 2026, confirming that assumed in the candidacy dossier, around 1.5 billion. (HANDLE)


(ANSA) - MILAN, MARCH 22 - The Board of Directors of the Milano-Cortina 2026 Foundation has unanimously approved the lifetime budget for 2026, confirming that assumed in the candidacy dossier, around 1.5 billion.

"We have entered the operational planning phase - declared the president of the Organizing Committee Giovanni Malagò - That of Milan-Cortina 2026, despite being a candidacy that will use over 90% of existing or temporary systems, requires rapid interventions and the work of the Board of , as always, truly indispensable".


    "Thanks to everyone's commitment and constant dialogue with the stakeholders - underlined the CEO of the Andrea Varnier Foundation on the sidelines of the board - we have launched a strategic analysis of the lifetime budget and its optimization. Despite the macroeconomic context in which we operate and of which we are aware , today's is a first step that gives us energy to project ourselves forward focused on the ambitious work that awaits us".


    The Foundation "has acted in the last three months to identify the strategic actions to be implemented with the aim of maintaining what was budgeted in the application for 2019", underlines a note, and it did so "despite the impact of the pandemic crisis and the subsequent increase of large-scale costs burdened by the Russian-Ukrainian conflict".


    To respect the budget, it will now be necessary "a careful and constant work to improve the efficiency of the organization - continues the note - In the coming months, the activity of reviewing and analyzing all the operational steps that the Foundation will have to face and the levels of service to be provided".


    The Board also "identified the guidelines on which to act in the next three years, focusing on optimization as a permanent priority between now and 2026, in line with the 2020+5 Olympic Agenda, the New Norm and the recommendations of the IOC Coordination Commission after Tokyo 2020".

(HANDLE).


Source: ansa

All life articles on 2023-03-22

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.