News and Press Releases
2013
Dec4
Copelouzos Group participates in the construction of the most modern airport of Russia, Pulkovo Airport in St. Petersburg

The most modern airport of Russia holds the signature of Copelouzos Group. Today, Wednesday 4th December, Pulkovo airport in St. Petersburg opened the new terminal.

The project included the construction of a new passenger terminal, the reconstruction of the existing facilities of the airport and the construction of new buildings for commercial use, such as shopping mall, 5 star hotel , parking, etc.

For 30 years, starting from April 2010 the development, reconstruction and operation of the station has been undertaken by the consortium “Northern Capital Gateway” in which participates the Horizon Air Investments of Copelouzos Group, the German company Fraport, which manages and operates the Frankfurt Airport and the Russian VTB Capital, VTB Group member who is one of the largest state banking groups in Russia. The project total investment of 1.2 billion, is one of the largest and most important infrastructure projects in Russia and Europe, as the Pulkovo International Airport is the third largest airport in Russia after Moscow’s airports and is expected to meet the highest international standards, promote newcomers destinations and develop the commercial potential, aiming to become a major international hub in the Baltic and increasing the economic potential of the region. It is also important that this is the first PPP project implemented in Russia. With the completion of the entire project the airport has the capacity to serve 18 million passengers annually.

The President of Copelouzos Group and CEO of the Horizon Air Investment, Dimitris Copelouzos stated: “We are honoured to participate in the development and modernization of Pulkovo airport in St. Petersburg. A large development project in which, Fraport, VTB Capital and Horizon Air Investments worked together and combined experience, knowledge and will to develop a modern and high quality airport, according to the needs and the rich cultural heritage of St. Petersburg. We are confident that the operation of the new terminal will provide important economical and developmental benefits for the city.

For Copelouzos Group, with more than 10 years experience in airport development investments, as it is the only Greek private participation in the share capital of AIA, Pulkovo is another step in a series of investments in airports in Greece and Europe. Copelouzos Group together with Fraport is one of the seven investment vehicles recently prequalify the second phase of the tender for the management, development, expansion, maintenance and operation of regional airports in Greece.

 

 

 

 

 

 

 

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