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Company News

19 December 2007

Open Joint Stock Company "Terminas" and Aer Rianta International

Moscow, December, 18th, 2007 – OJSC "Terminal" - the company is created for realization of the civil-engineering design of the new Terminal 3 at Moscow airport Sheremetyevo, and Aer Rianta International (ARI) have informed on signing of the contract on retail trade for a period of 7 years.

ARI will receive 2200 sq.m. in Duty Free zone of Terminal 3 in which the company can conduct duty-free trade in 8 various shops. The company has also signed the contract for 7 years on management of two shops of retail trade in a zone of internal flights. For ARI, affiliated company of Dublin Airport Authority, the concluded contract is one of the largest. It is expected, that for the seven-year period it will bring a profit from the sales, considerably exceeding 1 billion euro.

«Now it is a very fascinating time for the aviation industry in Russia and for ARI, - thinks Eamon Foley, general director of ARI. - the quantity of air-transportations in Russia both with the business purpose, and for recreation, is promptly increasing. Annually more than 12 million passengers will use Terminal 3.»

«ARI will work in close cooperation with OJSC "Terminal" to provide all these passengers with the level of service of the retail trade, that corresponds to the world standards of design, visual layout and variety of assortment. We were the first operators of Duty Free shops in Russia, next year we mark the 20th anniversary of our presence in Moscow, and the concluded contract foretells even more considerable successes in business in the future», - Eamon has added.

«With pleasure we declare that we have chosen ARI as the operator of duty free shops at the airport of the Sheremetyevo 3», - said Tatyana Zotova, the director for marketing of OJSC "Terminal". ARIhas provided an excellent schedule of activity which appreciably will positively be reflected in quality of the offered products and services in the new terminal while unique experience of business activity in Russia guarantees achievement of the highest operational standards ».

Aer Rianta International.

Aer Rianta International – one of the world's largest enterprises of retail trade. The company has opened the first duty free shop in Ireland in Shannon in 1947 and is proud carries the name of the founder Airport Duty Free. In Russia the company is the largest operator of Duty Free shops and works at four main airports of the country. ARI is a specialized international branch of company Dublin Airport Authority (DAA). DAA operates three largest airports in Ireland. ARI possesses a part of shares of the airports of Düsseldorf, Pathos and Larnaka. Aer Rianta International have deserved the world popularity and good reputation thanks to the flexible enterprise culture of business activity and functional potential of world level.

OJSC "Terminal".

OJSC "Terminal" has been created in November 2003,as the special purpose company (SPC), to which OJSC "Aeroflot" has transferred the rights and the duties connected with realization of the Project. OJSC "Terminal" shares belong to OJSC "Aeroflot", OJSC "Vneshtorgbank" and OJSC "Foreign trade and investment bank". www.svo3.ru