Russia’s Investigative Committee stated it has failed to determine the owner of Moscow Domodedovo, Russia’s busiest airport (The Moscow Times, 21-Jul-2011). Chairman of Domodedovo Airport's board of directors, Dmitry Kamenshchik, reportedly refused to reveal Domodedovo's ownership structure, a position he has held since the committee was ordered by President Dmitry Medvedev to learn more about the airport’s ownership following the Jan-2011 terrorist attack at Domodedovo. East Line Group operates Domodedovo, which is owned by FML Limited. DME Ltd, which failed to launch on IPO in May-2011, is the official “face” of the airport. IPO documents identify Mr Kamenshchik as the 100% beneficiary owner of DME Ltd. Mr Kamenshchik maintains that the ownership structure is not in breach of Russian law despite its opacity.
Mystery surrounds Domodedovo ownership
You may also be interested in the following articles...
Global Airport Development Conference report: Trump, Brexit, pipelines and PPPs. Part 2
This report on the Global Airport Development Conference held in Lisbon on 29-Nov to 01-Dec-2016 covers the proceedings of Day 2 of the event.
Global Airport Development Conference 2016 report: Trump, Brexit, pipelines and PPPs. Part 1
The Global Airport Development (GAD World) conference was held in Lisbon, between 29-Nov and 01-Dec-2016. This CAPA report chronicles the presentations and debates that took place on the first two days, including selected ‘stream’ sessions on both days.
There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.