Airports of the Regions

Airports of the Regions is a large airport holding in Russia. The strategic investor is the Renova Group of Companies.

As part of the holding "Airports of the Regions" were:

• OJSC Koltsovo Airport (Yekaterinburg),
• OJSC Kurumoch International Airport (Samara),
• OJSC "International Airport Nizhny Novgorod."

In 2021, management bought out the management company. The representative of Renova stressed that the air harbors remained in the ownership of the company. There are no plans to sell airports.

2023: Buying an airport in Kazakhstan's Uralsk

The Russian airport holding "Airports of the Regions" in February 2023 acquired an airport in Kazakhstan's Uralsk and intends to develop a transit hub on its basis. This is the first foreign asset for Russian airport holdings.

2021: Management bought out the management company, the airports themselves remained under the control of Renova

In mid-December 2021, it became known that the owner of the Renova group, Viktor Vekselberg, had lost control of the Airports of Regions management company.

As a representative of one of the largest airport holdings in Russia told RBC, 100% of the shares of the UK "Airports of the Regions" belong to the company "Retrans." Retrans, in turn, is owned by the former top manager of Renova Vladimir Rezer (90%) and the management of Airports of Regions Management Company (10%), he added. According to the Unified State Register of Legal Entities, until recently, Airports of the Regions belonged to Renova through Cyprus-based Fulgate Consultants Limited. The company "Retrans" with an authorized capital of 3 million rubles was created on December 31, 2019, at that time Reser owned 10% directly, and another 90% - his company "RE-Finance."

Viktor Vekselberg lost control over the Criminal Code "Airports of the Regions"

The representative of Renova stressed that the air harbors remained in the ownership of the company. There are no plans to sell airports. The team of key managers bought the management company, which continued to manage the airports owned by Renova.

According to VTB Capital transport analyst Elena Sakhnova, the sale of the management company to Reser and management is an internal transaction that "could pass at any price." The cost of the management company itself is insignificant, its main value is airport management. Together with airports, its cost can reach up to $1 billion, Sakhnova added.

By December 2021, the Airports of the Regions holding includes five international airports - in, Yekaterinburg,, and To Samara Nizhny Novgorod Rostov-on-Don Saratov. In addition, the management company is engaged in the modernization of the airports of Petropavlovsk-Kamchatsky and Novy Urengoy. According to the estimates of the management company, in 2019, passenger traffic at airports under its management amounted to 15.5 million passengers. In 2020, due to the coronavirus pandemic, this COVID-19 number decreased to 9.7 million people.^[1]

2013: Cumulative passenger flow of 7.3 million people

According to the results of 2013, the total passenger flow was 7 million 378 thousand 154 people.

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