Share in airport handed over to Sverdlovsk Region

January 27, 2015. The controlling shareholding in Koltsovo Airport was sold to Regional Airports Management Company (a member enterprise of Renova Corporation) in the course of an auction, Sverdlovsk Region Ministry for Public Property Management reports. The 17.5% shareholding was sold for the opening bid amount (1.259bn RUR). Regional Airports Management Company was the only bidder. ‘Viktor Vekselberg’s company has the buy-out priority, so there were no other bidders for the shares,’ the ministry says. Sverdlovsk Region Government still owns a little over 17% of the airport’s shares. Now

October 18 Sverdlovsk Region is going to sell the shareholding it has in OAO Koltsovo Airport. The transaction is expected to amount to at least 2bn RUR. This intention was voiced at a recent government meeting when the program for public property management for 2013 was being considered. A 34.56% shareholding in the airport was handed over to Sverdlovsk Region in early February 2011. It was believed then that this transfer would help attract 32bn RUR worth of investments by 2030. The money was supposed to go to upgrading the airport infrastructure through state-private partnership. It was

January 22, 2015. Sverdlovsk Region Government is not going to sell its 17.28% shareholding in Koltsovo Airport, the Public Property Management Ministry’s website states. All in all, Sverdlovsk Region (through the Mid-Urals Development Corporation) owns 34.56% of the airport’s shares. The airport’s shareholders agreed to raise the enterprise’s authorized capital by 200,000 RUR through a share issue (200,000 of ordinary registered shares with face value of 1 RUR each), which means the government’s shareholding risks being diluted. A portion of the shareholding will be sold by auction on

Koltsovo Airport of Yekaterinburg might complete the process of handing its shares over to Sverdlovsk Region early in 2011, the region's Minister for State Property Management Vladimir Levchenko said at Sverdlovsk Region Duma recent sitting. The minister confirmed that the regional authorities would like to obtain the airport's controlling shareholding in the future. Vladimir Levchenko first voiced the ministry's intention to get 40% of Koltsovo Airport's shares as early as a year ago, in December 2010.

40% of Yekaterinburg-based Koltsovo Airport’s shares might be handed over to Sverdlovsk Region, Vladimir Levchenko (who seeks office of Sverdlovsk Region Public Property Management Minister) said at an extraordinary meeting of Sverdlovsk Region Duma. At the moment, the airport’s major shareholders are OAO Koltsovo-Invest (which owns 51.9% of shares) and the Federal Property Management Agency (which has a 46.08% shareholding). Levchenko explained the region’s Governor Alexander Misharin had already talked the matter over with the Russian Federation Transport Minister Igor Levitin. Vladimir