Sochi is a city in Russia, located on the northeastern coast of the Black Sea (Black Sea coast of Russia) in the Krasnodar Territory, at a distance of 1615 km from Moscow. The administrative center of the municipality is the resort city of Sochi.
Sochi is the largest resort city in Russia and an important transport hub, as well as a major economic and cultural center of the Russian Black Sea coast.
It is also informally referred to as the summer, southern and resort "capital" of Russia. In 2012, Forbes magazine recognized Sochi as the best city for doing business in the country.
In 2007, Sochi was elected the capital of the XXII Winter Olympic Games. On September 15, 2009, Sochi joined the World Union of Olympic Cities. During the period of preparation for the Olympics, 324.9 billion rubles were spent on the development of the city and its infrastructure, of which private investment amounted to 221 billion rubles.
In 2018, the city hosted the matches of the World Cup.
