Russian airport holding Novaport to get 75% in Barnaul airport and build new terminal by 2023

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Russian airport holding Novaport to get 75% in Barnaul airport and build new terminal by 2023

Russian airport holding Novaport plans to attain a 75% stake in the airport of Barnaul and build a new 3 billion ruble terminal by 2023, Transport Minister of the Altai Region Alexander Dementyev said on Wednesday. This reported by PRIME.

Novaport holds 48% in company Altai, which owns the airport, the regional government has 52%.

“The charter capital of the aviation company is to be raised via an issuance of 352,100 shares. Novaport will buy the shares at market value, as a result will have a 75% minus one stake,” Dementyev said.