“Under the government resolution of July 2, 2014, Deutsche Bank is the sole contractor for the state order to organize and sell on behalf of the Russian Federation federally-owned ordinary registered shares of Sheremetyevo international airport in the amount of up to 83.04% of its equity capital,” Rosimushchestvo said in a statement.
Russia’s Economic Development recommended Deutsche Bank in May as an agent for the Sheremetyevo airport’s privatization. The bank submitted a bid with the smallest fee for its services.