Germany’s Fraport plans to exit capital of Pulkovo Airport

The German company Fraport plans to sell its stake in Pulkovo Airport; buyers from Russia are vying for these shares, VTB head Andrei Kostin told journalists on the sidelines of the Eastern Economic Forum (the bank is also a shareholder of the airport), Report informs referring to TASS.

He noted that “everyone who has airports in Russia” is interested in a share in Pulkovo.

“I think that we must decide by the end of the year.<…> We have been discussing this topic for a long time, for a year now. There were different buyers. There were even foreign buyers...”, Kostin said, noting that now Russian companies are vying for a stake in the airport.