Corporate Communications

VTB Capital has won the open tender for the Pulkovo airport development project

26 June 2009

VTB Capital has won the open tender for the right to conclude an agreement on the development, reconstruction and operation of Pulkovo airport, the fourth largest in Russia, based on Public Private Partnership (PPP), in the city of St. Petersburg in Russia. The PPP is concluded for 30 years with the Government of St. Petersburg.

The tender bid submitted by the consortium led by VTB Capital has been recognised as the best based on a combination of technical, legal and financial criteria. VTB Group represented by VTB Capital as one of the investors and financial consultants of the consortium will take an active part in developing an optimal financing structure in order to secure the most beneficial financing terms and achieve the timely commencement of construction of the new terminal.

Yuri Soloviev, President and Global CEO of VTB Capital, tells RBC-TV about the project (video)

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