Company Corwell Finance Limited (the British Virgin Islands) has become the owner of Vnukovo Airport's assets, OJSC Vnukovo Airport and OJSC Vnukovo-Invest informed.
In particular, on June 4, 2013, Corwell was reported to have increased its equity position in Vnukovo-Invest to 5.295% from 0.032%, then to 79.03% through Morimoto Limited.
Later, on June 6, Corwell was reported to have taken ownership of a 25.0055% stake in OJSC Vnukovo Airport through Morimoto Limited (which owns 5.295% in OJSC Vnukovo-Invest), Cythercorp Enterprises Limited (owns 75% in Silvani LLC), Silvani LLC (owns 73.735% in OJSC Vnukovo-Invest) and OJSC Vnukovo-Invest.
Vnukovo International Airport (tax number: 7732019644) is one of the largest air transportation complexes of Russia. The scope of flights covers the majority of regions of Russia and the CIS countries, Western Europe, Asia and Africa. The major shareholder of Airport Vnukovo is the Property Department of Moscow.
According to the information and retrieval system DataCapital, RAS net loss of Vnukovo for Q1 2013 grew by 51.8% to RUB 479.601 million from RUB 315.742 million for Q1 2012. Revenue increased by 32.5% to RUB 795.793 million from RUB 600.584 million. Sales loss decreased by 32.6% to RUB 427.341 million from RUB 631.881 million, loss before tax increased by 50.2% to RUB 581.353 million from RUB 387.096 million.