Russian government, St. It establishes Northern Capital Gateway Holding LLC to manage St. Petersburg Pulkovo Airport and acquires this right from a company owned by offshore Cypriot Talita Trading Limited. The relevant measure is included in the decree of Russian President Vladimir Putin. published On the official Internet portal of legal information.
“100% stake in the authorized capital of LLC “Air Gate of the Northern Capital” (Managing Pulkovo Airport since 2010)The document states that Talita Trading Limited, which is owned by it, can be transferred to the ownership of VVSS Holding company under the forms and conditions determined by the government of the Russian Federation.
The Russian government will not be the founder of the company. However, the decree includes the authority to appoint the sole executive body of the company and approve the charter.
Russian shareholders will retain the right to dispose of their shares, while foreign shareholders will not be able to do so. Part of the foreign owners’ votes went to Perspective Industrial and Infrastructure Technologies-7 LLC and the airport management company.
The authorized capital of VVSS Holding LLC will be 169 billion rubles.
“The transfer of shares in the authorized capital of the VVSS Holding company to its participants is carried out as compensation for losses, as well as for the decrease in the real value of their shares in the authorized capital of a foreign holding company. The decree states that its participants and affiliates will be “acquired” in connection with the termination of obligations arising from loan agreements.
In general, as stated in the decree, measures are being taken “in connection with the threat to the national interests and economic security of the Russian Federation” arising from the violation of their obligations by some foreign companies.
Germans are still unemployed
VTB chairman Andrey Kostin in September reportedThat Fraport AG plans to sell its shares in the company (previously the company itself stated that it would be impossible to do this before 2025).
“They didn’t want to do this for a long time, but they have to do it,” Kostin said.
According to the head of VTB, “everyone who has airports in Russia” was interested in Fraport AG’s shares in VVSS LLC.
Pulkovo International Airport was opened on June 24, 1932. Passenger traffic is 19.6 million people per year, and its total area is 1,350 hectares. Pulkovo’s main carrier is Rossiya Airlines.