World·Video

Cirque du Soleil intent on growth in Russia despite sanctions and weak economy

Cirque du Soleil Russia has just finalized a deal for a new $50-million theatre opening in 2019 in Moscow to house its shows and other entertainment, even as the country's economy continues to struggle.

New theatre opening in Moscow in 2019 to host Montreal-based troupe's shows

Cirque du Soleil does business in Russia, despite sanctions

7 years ago
Duration 6:41
There's no doubt business in Russia over the last two years has been challenging for Cirque du Soleil, but the Canadian entertainment company is bent on growing its Russian business

There's no doubt business in Russia over the last two years has been challenging for Cirque du Soleil, but the entertainment company is bent on growing its Russian business.

Operations in Moscow began in 2008 and, according to vice-chairman Craig Cohon, there is a lot of potential for growth in spite of economic sanctions and Russia's recession. 

Cirque du Soleil Russia has just finalized a deal for a new $50-million theatre opening in 2019 in Moscow to house Cirque shows as well as other entertainment, Cohon told CBC News.

Guy Laliberté, the founder, sold majority ownership of the Montreal-based company last year to U.S. private equity group TPG Capital, but the international headquarters remain in Canada.

CBC News went backstage for the opening week of Cirque's new show in Moscow, Varekai. Watch the video above.

Cirque in Moscow

11 years ago
Duration 3:00
As it settles into its Moscow home, Cirque du Soleil is a rival for long-established Russian circuses in the race to get the best performers. Jean-François Bélanger reports.

Cirque's Zarkana hits Moscow

11 years ago
Duration 2:52
After a New York premiere in 2011, the Cirque du Soleil is now unveiling its most expensive production ever, the splashy, $57 million extravaganza Zarkana, at Moscow's Kremlin Palace.

ABOUT THE AUTHOR

Susan Ormiston

Senior correspondent

Susan Ormiston's career spans more than 25 years reporting from hot spots such as Afghanistan, Egypt, Libya, Haiti, Lebanon and South Africa.

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