Russia takes control of major airport from foreign shareholders ...News

A presidential decree has transferred stakes in St. Petersburg’s Pulkovo to a domestic entity President Vladimir Putin signed an order on Thursday transferring all the rights of St. Petersburg’s Pulkovo Airport from foreign shareholders to a new Russian entity. Under the presidential decree, stakes in the Cyprus-registered company that manages the airport in Russia’s second-largest city will be consolidated in a new domestic company. “100% of shares in the authorized capital of the LLC Air Gates of the Northern Capital (AGNC) owned by Thalita Trading Limited are subject to transfer to the ownership of the company

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