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Moscow transfers part of Vnukovo shares to Fed ownership

The Moscow authorities have transferred a block of shares of Vnukovo airport to Federal ownership

MOSCOW, December 22 (Itar-Tass) — The Moscow authorities have transferred a block of shares of Vnukovo airport to Federal ownership. A respective order has been signed by Moscow Mayor Sergei Sobyanin, a city administration official has told Itar-Tass.

The City Council official pointed out, "The city transfers to Federal ownership a block of 1,209 507 shares of the Vnukovo Airport Company, 264,281 shares of the Vnukovo International Airport Company, as well as 26 shares of the Avia-Business-Terminal Company."

The Vnukovo airport shares are transferred to Federal ownership within the framework of the unification of the Sheremetyevo and Vnukovo airports. The Moscow city government is the main stockholder of the Vnukovo Airport Company -- 74.7 percent -- while the Vnukovo-Invest Company owns 25 percent of shares.

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