GMR bids for Russian airport

According to industry sources, nine firms will bid for a US$1.5 billion deal to operate St Petersburg's Pulkovo airport, Reuters reports.
The bidders are said to include Austria's Vienna Airport, Germany's Fraport together with Russia's second largest bank VTB, Germany's Hochtief with Russia's Renova, the investment vehicle owned by billionaire Victor Vekselberg.
Turkey's TAV Airports, India's GMR Infrastructure, Russia's Basic Element, the industrial holding of Russia's richest man Oleg Deripaska and three local small firms are also bidding for the airport.
The successfully bidder will be chosen by March 12, 2009.
05/08/08 Cargonews Asia, Hong Kong

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Categories: Airports Aug 2008, Foreign Aug 2008, New Aug 2008