Full article in JPG format: page 32-33 & page 34
As the gateway to Russia's cultural capital, it is perhaps no surprise that Pulkovo Airport in St Petersburg consistently posts double-digit growth in annual passenger numbers. Footfall at the airport grew by 16.1% last year to 11.2 million, and director general Sergey Emdin says he is confident that figure will reach 12.5 million in 2013.
But rapid year-on-year growth has placed renewed pressure on the hub to expand its facilities and improve passenger experience. Mindful of this, operator Northern Capital Gateway consortium – comprising Fraport (35.5%), VTB Bank (57.5%) and Copelouzos Group (7%) – has since April 2010 overseen a $1.2 billion modernisation project. The 30-year public-private partnership focusses on construction of a new international terminal, expansion of the apron areas, and development of a hotel and business centre...
