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Novaport's high-flying $500m airport network



Moscow-based airport managing company Novaport has announced $500m plans to expand its airport network to 20 airports by 2011 The company's chairman os board Roman Trotsenko said $200m would be spend to purchase shares in new airports and $300m would be invested in their reconstruction and development.

The company currently controls airports in Tomsk, Novosibirsk, Chelyabinsk, Chita, Barnaul, Tver, Bryansk and Astrakhan.


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