Russia Uses Golden Share in Sheremetyevo Airport

The Russian government has decided to use a special right — the 'golden share' — to participate in the management of the JSC 'Sheremetyevo International Airport'.

Consensus

• The Russian government decided to use the 'golden share’ in Sheremetyevo International Airport.
• The use of the 'golden share' was authorized by a presidential decree dated 6 August.
• The 'golden share' grants the state the right to veto key corporate decisions.
• The state can appoint representatives to the board of directors and audit committee.
• The airport was removed from the list of strategic enterprises, allowing for privatization.
• The government must ensure the preservation of the airport’s main activity and modernization of its facilities.

Points of divergence

• On 21 July, Vnukovo Airport acquired 25.01% of the charter capital of LLC 'Perspektiva' for 16.5 billion rubles to jointly manage Domodedovo Airport, with the aim of stabilizing its production and financial activities. — vm
• The presidential decree of 6 August granted the state the 'golden share' in Sheremetyevo International Airport. — vesti

Coverage (2 sources)

• Mishustin signed order on use of 'golden ticket' in Sheremetyevo — Вечерняя Москва
• Government decided to use "golden ticket" in Sheremetyevo — Вести

Key entities

• Russia
• Sheremetyevo
• Moscow
• Mikhail Mishustin
• Sheremetyevo International Airport
• Sheremetyevo International Airport JSC
• Sheremetyevo International Airport JSC

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