Yevgeny Vorsin, the chairman of the Belarusian Ice Hockey Federation, announced on Monday that the country earned more than $19 million from the 2014 IIHF Ice Hockey World Championships, surpassing the country's initial estimates of $17.5 million in profits.
"We still have some expenses ahead," Vorsin said, according to BelTA. "However, there will be funds we plan to allocate to the further development of the ice hockey industry."
The 2014 IIHF World Championships took place at the Minsk Arena and Chizhovka Arena from May 9-25. On average, more than 10,000 people attended each game, setting a new attendance record for the event.
On May 25, Russia was awarded the championship following a 5-2 win over Finland. This is Russia's fourth world championship win in the last seven years. The game was attended by Alexander Lukashenko, the president of Belarus, who sat beside Russian President Vladimir Putin, at the game, BelTA reports.
- UniCredit sells non-performing mortgage loans
- European Investment Bank lends millions to AccessBank to finance small businesses
- First Ukrainian International Bank among most transparent financial institutions in region, study says
- VTB Bank named best trade-finance bank in Russia by magazine
- AtaBank, Central Bank of Azerbaijan Republic host financial literacy event
- Richard de Keijzer named managing director for ABN AMRO Commercial Finance in the UK
- Galt & Taggart named Best Investment Bank in Georgia by Global Finance magazine
- Armeconombank customers can repay loans via Idram, EasyPay terminals
- Kapital Bank joins American Bankers Association
- CEO of ACBA-Credit Agricole Bank receives Tigran Mets medal