One of the major final moves in the division of assets is Vladimir Potanin’s sale of his stake in Polyus Gold to businessman Suleiman Kerimov. Poluys Gold has by now had become a portfolio investment for Interros after the latter was no longer able to influence business development. Sale proceeds are used to pay down debts in the wake of the recession. Interros becomes a cofounder and the only sponsor of the Russian International Olympic University (RIOU), the world’s first university dedicated to sport business education. The Ministry of Sport and Tourism of the Russian Federation, the Russian Olympic Committee and the Sochi-2014 Organizing Committee partner with Interros in the project. Rosa Khutor ski runs and Rosa Dolina base station move into active construction phase.