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:

BMW Intends to Construct a Full-cycle Assembly Plant In Russia
Sberbanks Mortgage Portfolio Exceeds 2.5 Trillion Roubles
The Central Bank is Against the Legalization of Natural and Virtual Private Currencies
Net Capital Outflow From Russia Has Gone Up
Rouble Falling Again

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Travel  forum  Crocus City Hall  Russian artists  Russian law  Catherine II  Mercedes-Benz Fashion Week Russia  Primorye Territory  Mystical Russia  Exhibitions in Moscow  anniversary  protest actions  oil  Archeology  the Internet  Satka  Durov Animal Theatre   Picnic Afisha   Football  Rock Music  Exhibitions in Tula  Russian history  Trams  Festivals in Moscow  Russian Literature  Seventh Continent  music  Ruarts Gallery  Hermitage Museum  Russian business  Painting  Museums of Russia  Evgeny Bogachev  Oriental Museum  Dymkovo  Death Museums  Russian painters  FIFA  Moscow  Tver region  Russian tourism  Russian universities  Russian Cinema  space  Arkhangelsk Region  Parliament in Action  Vladimir Lenin (Ulyanov)  Stars on Baikal   Intel  Transportation 

Travel Blogs
Top Traveling Sites