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Sheremetyevo Extends Deadline for Potential Contractors

Sheremetyevo Airport has again extended the application deadline for investors who want to finance its new construction projects.

The airport's director Mikhail Vasilenko said earlier that Sheremetyevo planned to spend $200 million on a new terminal in the airport's northern zone that would serve domestic flights. Other construction projects include repairing two existing terminals and constructing a tunnel that would connect the southern and northern parts of the airport.

Companies that have already applied for the tender include Oleg Deripaska's Transstroy Corporation, Viktor Vekselberg's Renova and TPS Avia Group, which controlled by Arkady Rotenberg, Alexander Ponomarenko and Alexander Skorobogatko.

The decision to extend the deadline to Sept. 25 was made at the request of a competitor that needed more time to prepare its documents, a statement on Sheremetyevo's website said Tuesday.

The competition was announced in mid-August and was originally planned to be closed within 10 days before the deadline was rescheduled to Sept. 17. Initial requirements for potential investors have also been altered to allow companies to own other airport infrastructure as long as it is more than 400 kilometers away from Sheremetyevo. Earlier, the required distance was 1,000 kilometers.

The project is expected to be realized in the form of a public-private partnership. The state owns 83.04 percent of Sheremetyevo, while Aeroflot owns 8.96 percent, Vneshekonombank owns 4.24 percent and VTB owns 3.76 percent.

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