HomeNewsFinance & LawMulti-sportItaly

Milano Cortina 2026 cuts projected loss, hails cost containment measures

The logo for Milano Cortina 2026 is seen under the Olympic cauldron during the Beijing 2022 Winter Olympics closing ceremony (by James Chance/Getty Images)

Fondazione Milano Cortina 2026, the local organising committee for the Italian staging of the winter Olympic and Paralympic Games, has hailed successful cost containment efforts after managing to cut its projected loss for 2021 by more than half.

The organisation registered a loss of €21,217,315 ($23.07m) for the year ending December 31, 2021, but this figure was expected to be more than double in plans approved in November 2020.

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here