Basic Element, Sberbank and Changi Airports International form airport business partnership

22-Jun-2012 Basic Element Group, one of Russia's leading diversified business groups, Sberbank of Russia, the largest bank in Russia, and Changi Airports International, a wholly-owned subsidiary of Changi Airport Group, one of the leading airport operators in the world, in the framework of the St. Petersburg International Economic Forum, have signed a joint venture agreement to invest in and develop airports in Russia.