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New CEO for Russian Fitness Group
The Russian Fitness Group, which runs the World Class, World Class Lite and Fizkult fitness clubs, has named Irina Kutina as its new chief executive officer. Kutina has been with the
group for 20 years, since the company’s inception, starting as a fitness instructor and working up through the ranks all the way to her most recent position as COO. For the last few years,
in addition to her responsibilities as COO, Kutina has filled the role of vice president for fitness, accountable for the whole operational business of the company, sales and fitness division. During this time, the efficiency of the fitness clubs has increased and the service and sales approaches were standardised. A loyalty and retention programme were also implemented. Kutina was one of the first certified
Resource Partners enters Romania via acquisition
Private equity fund Resource Partners has acquired a controlling stake in World Class, the fitness chain, for an undisclosed sum, marking the fund’s first investment in Romania. The deal was structured as a management buyout. World Class operates through a network
of 11 clubs in three Romanian cities, after opening the first club in 2000. The company has said it plans to continue expanding in the country. “We believe in the company’s growth and
consolidation potential in Romania, both in Bucharest and other cities. This first project in Romania is very much in line with Resource Partners’ strategy of investing in consumer-orientated companies and supporting competent management teams in Central Europe,” says Dan Farcasanu, the fund’s investment director. Resource Partners was advised by RTPR
Allen&Overy and EY. The private equity fund has investments in Poland and Latvia.
Irina Kutina was one of Russia’s first certified Reebok master trainers
Reebok master trainers in Russia, and was the first Russian lecturer at IHRSA’s International Convention & Trade Show. She is also the founder of the Russian
Events diary Visit
www.ihrsa.org/calendar
5–8 August 2014 The IHRSA Institute: Executive Education for Club Professionals Chapel Hill, North Carolina, US
28–30 August 2014 15th Annual IHRSA / Fitness Brasil Latin American Conference & Trade Show – São Paulo, Brazil
16–19 October 2014 14th Annual IHRSA European Congress – Amsterdam, The Netherlands
11–14 March 2015 IHRSA 2015: The Annual International Convention and Trade Show – Los Angeles, California, US
April 2014 © Cybertrek 2014
Fitness Professional Association. Russian Fitness Group president, Olga Sloutsker, says: “Irina is an ideal candidate for this assignment. We’re expecting further development in terms of numbers of clubs, increasing the quality of the service and stable growth of the financial indicators of the Russian Fitness Group.”
Moderate exercise: Impact on stroke risk
Though the benefits of exercise abound, research presented in February at the American Stroke Association’s International Stroke Conference 2014 shows that moderate exercise could cut stroke risk in women by 20 per cent, as well as offsetting the increased risk among women taking postmenopausal hormone therapy. And the good news is that women can
reduce their stroke risk by briskly walking, which was found to have the same benefits as if they were to run. Indeed, the researchers – led by professor
Sophia Wang of the Beckman Research Institute in California, US – say this decreased risk from moderate exercise is just as strong as that of strenuous exercise. See
http://lei.sr?a=m6U6h for further
information on the methodology and findings of this research.
April price break for IHRSA Institute
For over 20 years, IHRSA has provided industry-leading education through the IHRSA Institute. This year’s Institute will be held
on 5-8 August at the Kenan-Flagler Business School at the University of North Carolina, US. It will include three full days of graduate-level education led by expert faculty, providing a balanced curriculum that covers every aspect of club management. With limited class sizes, outstanding
peer networking and social opportunities, the IHRSA Institute is where leaders learn to manage more effectively. Visit
www.ihrsa.org/institute for
details and to register. Registration rates increase after 25 April.
About IHRSA
Founded in 1981, the International Health, Racquet & Sportsclub Association is the only global trade association, representing more than 10,000 health and fitness facilities and suppliers worldwide. To learn how IHRSA can help your
business thrive, visit
www.ihrsa.org Locate a quality IHRSA club at
www.healthclubs.com
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