Ritzio establishes International Parasport Foundation

The company established Parasport in an alliance with Switch Mobility and Finstar Financial Group, companies owned by Ritzio's President Oleg Boyko.

For several years Ritzio has been supporting the Russian Paralympic Team and the National Paralympic Committee, assisting the disable sportsmen in their participation in the sports events, training and social activities. Today the Foundation plans to expand Ritzio's endowment activities by allocating funds to the Paralympic organizations of European, Asian and Latin American countries.

The International Parasport Foundation is a General Sponsor and an Official Partner of Russian and Ukrainian Paralympic Teams, assisting athletes in their training programmes and National Paralympic Committees in organization issues for Beijing Summer Paralympic Games 2008.

In July, 2008, Parasport provided sufficient financing to the Ukrainian Paralympic Committee to support the Team in their pre-paralympic activities, participation in the Beijing games and further development of sports facilities in Ukraine.

“Recent development of Paralympic movement in Ukraine illustrates that the society supports an idea of a healthy nation. We are happy to see that it is patronized not only by the state, but also by business, which assists in promoting sports among disabled individuals, offering them a world of opportunities and a new life”, comments on the partnership the President of the Ukrainian Paralympic Committee Valery Sushkevich.

The President of Parasport Oleg Boyko evaluates cooperation with the Ukrainian Paralympic Committee as “a natural stage in the development of the country's business society”. “Our partnership is another proof of Ukraine's business and economy readiness to serve the interest of its people. Today our task is to provide equal opportunities to everyone, and thus to strengthen the nation's health and spirit”.