Fraport ‘pulls out’ of Russia

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German airport company Fraport has halted its business in St Petersburg, Russia saying that there is no justification for the attack on Ukraine. Fraport has since 2009 been a minority shareholder in Northern Capital Gateway, the company that operates Pulkovo Airport. Currently, Fraport holds a 25 percent share in the company but does not have personnel on site and is not engaged in any airport operations  or business activity at Pulkovo.

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