Interros, Kratos create company to manage airport assets
MOSCOW. Feb 15 (Interfax) - Vladimir Potanin's Interros and cargo company Kratos have established a special structure, LLC Managing Company Interport, to manage assets created under a project to develop freight airport infrastructure.
Interros' Sergei Batekhin will be the chairman of Interport's board of directors, and Kratos' Igor Katalevsky will be its general director, Interros said in a press release.
Batekhin told Interfax that Interport was founded by a Cyprus-based company that owns assets created by Interros and Kratos. Interros is the controlling shareholder in the holding structure, and Kratos owns a minority stake.
Creating a management add-on was brought about by an increase in the number of assets belonging to Interros and Kratos - after their recent purchase of LLC Moscow Airports, the two companies now have six (four at Sheremetyevo International Airport and two at Krasnoyarsk's Yemelyanovo Airport), Batekhin said. "We discussed this for a long time and decided that a separate company will manage the business more effectively," he said.
So far, around $50 million have been invested to develop transport and logistical assets, he said. This is how much it would cost to construct a 20,000-square-meter freight terminal at Sheremetyevo. "We've submitted the project for state examination, and we expect to begin building sometime in the summer," Batekhin said.
Besides Moscow and Krasnoyarsk, Interport also has an eye to implementing a project in the Far East. "Our goal is to create a Moscow-Siberia-Far East logistics chain," he said.