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ECO journal (ECOnomics and industrial Engineering)

2018 year, number 7

Lessons of Mostovik: Construction of Sports Infrastructure and Political and Administrative Resource

E. A. Kapoguzov
Omsk F. M. Dostoevsky State University
Keywords: экономика спорта, политико-административный ресурс, специфические активы, политически-связанные фирмы, инфраструктурное строительство, Economics of sport, political-administrative resource, specific assets, politically-related firms, infrastructure construction


The article presents the history of the rise and fall of SPA Mostovik, which is one of the largest companies engaged in infrastructure construction. It is shown that the key cause of bankruptcy is the mismatch of construction costs with prices approved by state contracts during the construction of Olympic facilities and others, such as the seaside aquarium in Vladivostok. It is shown to what extent the “Olympic lessons” were taken into account when organizing the construction of stadiums for the World Cup 2018 in Russia. The costs for the construction of football stadiums have been analyzed and the importance of the political- administrative resource for obtaining construction contracts has been shown. The consequences for the Omsk region of one of the backbone companies were discussed, and the importance for the long-term sustainability of the company of having a politico-administrative resource.