The International Youth Football Tournament «Europe-Asia» was held in the Sverdlovsk region for the first time, with six youth teams (year of birth 1994-1995) from Austria, Germany and Russia taking part.
The Russian tricolor was defended by children from the Ural and VIZ-Sinara clubs, playing against teams from the leading youth clubs of the other participating countries.
Participants included the sports union Greuter Fuerf (Bavaria), whose youth sports center is one of Germany's most successful organizations training young football players, and the Grazer AK club (founded in 1995), one of the strongest in Austria.
The matches were officiated by referees from the Russian Football Union (RFU), with the winner determined by the total number of points won in all matches.
The opening ceremony was attended by: A.Yu. Levin, the head of the administration of the governor of Sverdlovsk Region; V. A. Vagenleitner, the minister for physical culture, sports and tourism of Sverdlovsk Region; Tilo Klinner, general consul of the Federal Republic of Germany in Yekaterinburg; and V. A. Beloglazov, UGMK Holding's director for general issues and vice-president of the Children of Russia charity fund.
Vitaly Milovanov, director of the Urals branch, offered these remarks to the audience at the start of the international football tournament: «For Raiffeisenbank it is very important to render assistance to events of this kind, as the task of each socially active entity is to participate in the formation of a strong sporting nation. Sport fosters endurance and health, as well as fair and open competition, which teaches young people to behave in life as they do in the game: fight to the finish, be persistent in achieving your goals, focus on victory.»
ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is the largest foreign-owned bank in Russia, ranking 7th in terms of assets among top Russian banks based on 1Q 2008 results (Interfax-CEA). Raiffeisenbank is ranked 8th in terms of corporate lending based on 1Q 2008 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 1Q 2008 results.
Raiffeisen International operates one of the largest banking networks in CEE. 17 markets of Europe’s growth region are covered by subsidiary banks, finance leasing companies, a representative office and a number of other financial service providers. Over 14 million customers are attended to through more than 3,000 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns 68.5 per cent of the common stock. The balance is free float, the shares are traded on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group.