Rostec JV to redevelop Ramenskoye airport

The Board of the state-run Rostec organisation has given the go-ahead for the  redevelopment of Ramenskoye airport, a military airfield 40km south-east of Moscow. Expected to cost in the region of RUB10bn, the redevelopment will be carried out by a JV put together by  Rostec and Lithuania’s Avia Solutions Group, and will include the construction of passenger and cargo terminals, an aircraft maintenance and repair centre, surface parking and multi-storey car parks,  a shopping area, a hotel and some office buildings. rbc