Source Pravda.Ru

Saint Petersburg Fund Signs Contract Worth USD 1 Million with Sponsor of 300th City Anniversary

The Saint Petersburg Fund, which is assisting with preparations for the city's 300th anniversary, signed a deal yesterday worth USD 1 million with a company to sponsor the city celebrations. This was announced to a Rosbalt correspondent by Saint Petersburg Fund Press Secretary Yuri Skvortsov. The name of the company has not yet been disclosed. 'We intend to rouse the curiosity of city residents,' said Mr Skvortsov. The signed agreement has now been sent to the head-office of the sponsor company so that certain points can be rectified. According to Mr Skvortsov the fund will receive USD 1 million as a result of this deal.

The press secretary added that 'the fund is planning to sign another two significant sponsorship deals in the near future.'