Koltsovo Airport to transfer shares to Sverdlovsk Region

Koltsovo Airport of Yekaterinburg might complete the process of handing its shares over to Sverdlovsk Region early in 2011, the region's Minister for State Property Management Vladimir Levchenko said at Sverdlovsk Region Duma recent sitting.

The minister confirmed that the regional authorities would like to obtain the airport's controlling shareholding in the future.

Vladimir Levchenko first voiced the ministry's intention to get 40% of Koltsovo Airport's shares as early as a year ago, in December 2010.

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