Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Aeroflot sold its duty free chain at Sheremetyevo
15.10.2012 15:59
Aeroflot sold its duty free chain at Sheremetyevo

Aeroflot has sold out 66.7% shares in the company ZAO Aeroferst, an operator of a duty free chain at the airport Sheremetyevo. The firm Rubis Holdings Limited was called the buyer, as The Vedomosti reports referring to an unnamed source.



The Irish operator Aer Rianta International owns the rest of the shares, i.e. 33.33%.


The sum of the deal is not revealed, but it is reported that Rubis Holding Limited has offered double as much price at the auction.


Aeroflot had to sell ZAO Aeroferst as it is its non-core asset. The company purchased 33.3% shares of the duty free chain for $ 16.4 million in May last year. By that time it had already owned another 33.3% shares.


Rubis Holdings Limited is a subsidiary of Gebr. Heinemann, which is one of the largest duty free chain operator in the world.




Author: Irina Fomina

Tags: Russian business     

Next Previous

You might also find interesting:

Online Lending Mechanism
Investment Attractiveness Of the Moscow Region
Daimler Will Launch Its Russian Production In 2018
Russia Has Become the Main Supplier Of Oil to China
Stock Value of Sberbank Went Up

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Lavrov  Archeology  Walking Accessibility  Russian Literature  Republic of Karelia  Moscow  Russian ballet  Russian business  Russian tourism  Sobyanin  Alexey Navalny  Mercedes-Benz Fashion Week Russia  St. Petersburg events  children  cars in Russia  Russian religion  Aurora  Russian travellers  Republic of Tatarstan  Russian Cinema  Russian musicians  Russian Internet  Krasnodar region  Kupino  New Year celebrations  Russian parliament  Moscow chambers  Sochi Games   VTB Group  Joseph Stalin  Russian writers  Lent  international cooperation  Concerts in St.-Petersburg  Museums of Taganrog  Russian sportswomen  animation  Painting  Coats of Arms, Russian History  Ukrainians  Norilsk Nickel  Nikolai Semenov  Tver  Rusian Culture  Exhibitions in Moscow  Surgut  ski tourist route   Red Terror  Russian history  Yoshkar Ola 

Travel Blogs
Top Traveling Sites