Fraport and its partners in the Northern Capital Gateway consortium took over the operations of St. Petersburg Pulkovo Airport as foreseen in the public-private partnership agreement signed in October 2009. The 30-year contract encompasses development and operation of LED. Initially, activities will focus on construction of a new passenger terminal, expansion of apron areas and modernization of other airport infrastructure. Total investment will be almost €1 billion ($1.3 billion). ...

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