Press "Enter" to skip to content

The finale of the era: Domodedovo was auctioned off for pennies with billions of dollars in debt

peterburg.press

By Glavred

Domodedovo changed its owner: the airport was sold to the Sheremetyevo structure for ₽66 billion — half the price of the start. Debts exceed ₽70 billion. Experts call it the deal of the century.

One of the largest airports in Russia is finally changed it the owner. Based on the results of the auction, the assets of the group «Domodedovo» were transferred to the structure of Sheremetyevo Airport. The deal was closed at a minimum price of — 66.1 billion rubles, which is almost half the starting estimate. At the same time, the key problem has not disappeared: the airport’s debt burden exceeds 70 billion rubles and actually turned out to be more expensive than the asset itself.

The winner of the auction was LLC «Perspektiva» — a wholly owned subsidiary of Sheremetyevo International Airport. Thus, Domodedovo officially came under the control of another participant in the Moscow air hub, and the long-term era of independent management of the airport ended…

READ FULL ARTICLE HERE… (petersburg.press)

Live Stream + Chat (zutalk.com)

 


Home | Caravan to Midnight (zutalk.com)

We Need Your Help To Keep Caravan To Midnight Going,

Please Consider Donating To Help Keep Independent Media Independent

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Breaking News: