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15.12.2023
THE RIGHT TO MANAGE PULKOVO AIRPORT IS WITHDRAWN FROM FOREIGN COMPANIES

To manage Pulkovo Airport, the Government will create VSS Holding LLC, which will receive 100% of the shares of the airport management company Northern Capital Gateway, owned by the Cypriot structure Thalita Trading Limited. 

The holding participants will be 14 companies (including 11 foreign companies) that indirectly own shares in Northern Capital Gateway LLC. At the same time, the right to control the votes of foreign participants will be temporarily transferred to Northern Capital Gateway LLC and Advanced Industrial and Infrastructure Technologies-7 limited liability company. Foreign participants will be able to restore these rights subject to the conclusion of corporate agreements with other holding participants and compliance with the requirements of Russian legislation.

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