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Mineralnye Vody International Airport

Company

Mineralnye Vody International Airport is the airport of the Stavropol Territory and the North Caucasus Federal District. The airport is in 16th place in terms of passenger traffic in Russia in 2014. For 12 months of 2014, the airport served 1,921,669 passengers.

Content

Financial results
2024 year
Revenue: 4.8 millions Ths. rub
Net Profit: 3 millions Ths. rub

Performance indicators

2024: Revenue growth 15.6% to ₽4,8 billion

OJSC Mineralnye Vody International Airport (Stavropol Territory), part of the Novaport holding, received revenue of ₽4,8 billion in 2024, which is 15.6% more than in 2023. The company's net profit for the reporting period increased by 14% to ₽3 billion. Such data are provided in the reporting on Russian accounting standards (RAS), published in early April 2025.

According to Finmarket, the cost of airport services in 2024 increased by a quarter and reached ₽1,3 billion. In the revenue structure, revenues from the provision of ground handling services amounted to ₽3,186 billion (an increase of 9.8%), from airport services - ₽1,138 billion (an increase of 41%), and from commercial activities - ₽151,7 million (an increase of 10.3%).

Minvod airport revenue for the year increased by 15.6% and reached ₽4,8 billion

The company's accounts payable for the year increased from ₽397 million as of December 31, 2023 to ₽433 million as of December 31, 2024. Accounts receivable for the same period increased significantly - from ₽892 million to ₽1,331 billion.

Passenger traffic at Mineralnye Vody Airport in 2024 amounted to 4.86 million people, showing an increase of 1.4% compared to the level of 2023. This dynamics indicates a stable increase in the popularity of the region among travelers and the effective operation of the air hub.

In April 2025, the airport is expected to commission a new terminal, which will significantly increase the capacity of the air harbor to 3.12 thousand passengers per hour. Currently, the maximum capacity of the airport is up to 2 thousand passengers per hour.

In addition to the commissioning of a new terminal, reconstruction of the runway and one of the old terminals will begin in the near future. The expected volume of investments in these projects will be ₽12 billion and ₽6 billion, respectively. The implementation of these projects will allow the airport to significantly increase the level of passenger and airline service, as well as increase capacity.[1]

Notes