Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Sheremetyevo now owns 100% of shares of ZAO Terminal Vladivostok

OJSC Sheremetyevo International Airport bought the remaining 25,007% of Terminal Vladivostok CJSC from Vnesheconombank. This was necessary under the terms of the shareholder agreement for the subsequent sale of the whole package, consisting of 52,16% of shares in JSC Vladivostok International Airport (MAV) and 100% of shares in Terminal Vladivostok CJSC.

As previously reported in EastRussia, the tender results were to be announced in December 2014. At the moment, the deadlines have been postponed to January of the year 2015.

Applications for the competition were submitted by "Airports of Regions" (part of the "Renova" group of Viktor Vekselberg, the largest airport under management - "Koltsovo" in Yekaterinburg); Aeroinvest (is engaged in the reconstruction of the Kaliningrad airport Khrabrovo), and Novaport (operates Tolmachevo airport). Now the "Basic Element" has been added to them.

The cost of shares sold is not disclosed. “There is no official lower threshold in the tender documents, nevertheless, we understand it,” - noted the official representative of Sheremetyevo. The media cited the words of sources familiar with the details of the upcoming transaction, the expected price will be 7,5-8 billion rubles. In addition to the price, the tender committee will also evaluate the development strategy of Vladivostok airport presented by investors. As noted by the interlocutors of some media outlets, the transaction may not take place if all the participants in the tender offer too low a price for the asset, and the government of the Russian Federation is also talking about this.

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