DME Holding
Owners:
Federal Agency for State Property Management (Federal Property Management Agency) - 100%
for June 2025
Content |
History
2025
Nationalization of operating companies Domodedovo Airport
The Federal Property Management Agency became the owner of 100% shares in DME Holding LLC, the management company through which the operating assets of Domodedovo Airport are controlled. The Federal Agency for State Property Management received the asset after the nationalization of the parent structure. Information on the transfer of ownership rights was entered into the Unified State Register of Legal Entities on June 19, 2025.
According to Interfax, other companies involved in the management of the airport also became the property of the state. Previously, the holding was controlled by Dmitry Kamenshchik: 1% belonged to him directly, 99% - through Alamo Holding JSC.
According to the updated data of the Unified State Register of Legal Entities, the Federal Property Management Agency gained control over the following operating companies of the Domodedovo group:
- LLC Domodedovo Fuel Facilititis
- LLC Domodedovo Aichi Services
- Development and Construction Management LLC
- LLC Domodedovo Commercial Services
- Domodedovo Erfield LLC
Nationalization occurred on the basis of a decision of the Arbitration Court of the Moscow Region of June 17, 2025. The court fully satisfied the claim of the Prosecutor General's Office of the Russian Federation, filed in January 2025, and led it to immediate execution.
Only 30 companies of the Domodedovo group and two individuals - Dmitry Kamenshchik and Valery Kogan - are defendants in the claim of the supervisory authority. The Prosecutor General's Office demanded to recover 100% of the shares of DME Holding LLC to Russia's income, as well as to invalidate the transactions as part of the redomication of a number of structures in the airport perimeter.
Valery Kogan served as head of the supervisory board, and according to many years of rumors he is a co-owner of Domodedovo. As stated in the lawsuit, the beneficiaries of Kamenshchik and Kogan airport, being residents of other states, in violation of the legislation of the Russian Federation, disposed of the assets of a strategic enterprise for the country.[1]
Nationalization after foreign control of the company is revealed
The assets of the management company of Domodedovo Airport were transferred to state ownership by decision of the Arbitration Court of the Moscow Region, adopted on June 17, 2025. The court satisfied the claim of the General Prosecutor's Office and recognized as justified the appeal of the property of DME Holding LLC to the state. The transfer of assets to the treasury must begin immediately in accordance with the decree.
The press service of Domodedovo reacted with a statement that the airport is operating normally, fulfilling all obligations to passengers and partners. All services function smoothly, flights are carried out in accordance with the current schedule, operational processes are provided in full.
The reason for the nationalization of the airport was foreign control over the management company DME Holding. As reported in the Prosecutor General's Office, the owner of the holding Dmitry Kamenshchik is a resident of Turkey and the UAE, and his partner Valery Kogan is a resident of Israel. According to the court, these states follow the Western policy of defeating Russia. According to the prosecutor's office, Kamenshchik and Kogan withdrew funds from Russia under the guise of paying debts to foreign creditors and dividends.
Immediate execution of the decision means that for the most part it will occur automatically by making entries in the state register regarding owners of shares in companies. Alena Bachinskaya, partner of the corporate practice of the Vertical Law Office, explained that further the Federal Property Management Agency with a high degree of probability initiates a change of management bodies, and also initiates processes for the transfer of assets and documentation.
Significant personnel changes in the composition of line personnel and changes in the economic activities of the airport are unlikely to be in the near future, suggests lawyer Bachinskaya, explaining this by the current interim measures.
Lawyer Julius Tai noted that on the one hand, the court's decision is more than expected, on the other hand, the confiscation of such a significant asset on the basis of the presence of foreign citizenship from its owner greatly increases the legal entropy and ruins the right of private property. Tai noted that the airport was created for many years by private individuals in front of the entire population of the central part of Russia.[2]
2024
Transfer to the possession of companies of the Domodedovo group
On October 8, 2024, it became known about the transfer of key companies managing Domodedovo Airport under the control of the Russian legal entity DME Holding LLC. This structure belongs to businessman Dmitry Kamenshchik, who previously controlled the airport through the Cypriot company DME Limited. Read more here
Creating a Company
On April 17, 2024, the owner of Domodedovo Airport Dmitry Kamenshchik established DME Holding LLC, registered in the Moscow Region. Thus, the jurisdiction of the air harbor was changed to Russian.
According to Interfax, Kamenshchik is the ultimate controlling person of the Domodedovo group, as stated in the reports of the holding company DME Limited. This firm was registered in 2001 as FML Ltd in the Isle of Man, and in 2012 received Cypriot registration with a simultaneous change of name to DME Limited.
It is known that as of 2013, the formal owner of DME Limited was the structure of Alamo Limited registered in Mauritius, which at the end of 2015 changed its place of registration to Malta. And since December 2016, the owners of DME Limited are the Dutch DME Stichting Administratiekantoor and the Maltese Atlant Foundation. In June 2023, DME Limited established Erport Management Limited in a special administrative district on Oktyabrsky Island in the Kaliningrad Region (previously registered on the Isle of Man with the name Airport Management Company Limited). 19 companies participating in the management of Domodedovo, including Domodedovo Passenger Terminal, Domodedovo Erfield LLC, Domodedovo Commercial Services LLC, etc., came under the control of MKOOO.
The created structure of DME Holding LLC is registered in one of the premises of the passenger terminal of Domodedovo Airport. The main direction of work is declared "the activities of holding companies." In addition, the company can conduct airport activities and activities related to air transport. The authorized capital is 10 thousand rubles. The management included two CEOs - Alexander Mindrin and Sergey Mikhailov.[3]
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |