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Factory. To add to this spree, Transmash, a project office for transport engineering, was set up and two big purchases were made - Tsentrosvar
Factory and Oktyabrskiy Electric Car Repair Factory. In 2004 East Line sold both its own airline company and machinery assets at a profit, as Kamenshchik decided to take his foot off this non-core business pedal and focus on the airport business.
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To improve the airport’s connectivity, in 2002 Kamenshchik also tried to flirt with the machinery industry as he saw pockets of value in this market, which was then experiencing a certain shortage of electric trains. The result was that his company purchased a 98.19% block of
Demikhovskiy Machinery
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The above deals for the transfer of lease and ownership rights were subject to state scrutiny. Since 2004 the
Federal Agency for State Property Management (Rosimuschestvo) tried to challenge the granting of such rights to East Line at court, but in 2006-2008 the Presidium of the Supreme Arbitration
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until 18 April 2016. He was forbidden to leave his house, communicate with anybody except the investigators and relatives, and to use mail, internet or email. Later, on 1 July 2016, due to the intervention of Deputy
Prosecutor General Vladimir Malinovsky, Kamenshchik was released from house arrest.
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To buttress its airport business DME Ltd., Kamenshchik’s holding company, develops the second arm, an aviation-driven
Aerotropolis. The core idea is to create a synergetic conurbation around the Airport which will be a massive industrial cluster integrating business parks, logistic and transport
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of 24 January 2011. He was accused of criminal negligence, causing the death of 37 people. Kamenshchik and
Domodedovo Airport denied any wrongdoing, stating that the airport security at the time of the accident fully complied with the legal requirements of that time. After the court hearings,
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Starting from 1993 East Line leased aircraft and launched charter flights to Europe and Asia. Kamenshchik created a similarly-named airline progressively beefing up its own aircraft fleet and making it to the leaders of air cargo market.
282:: catering service, cargo operations, handling, etc. In a quid-pro-quo arrangement the Airport provided outworn plant and equipment, whereas East Line ran reconstruction of airport facilities and revamped its management system.
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In 1998, East Line took part in a 75-year Lease for the
Domodedovo airdrome complex not subject to private ownership (runways, taxiways, aircraft parking stands), thus getting the right to operate it on a long-term basis.
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The management system introduced by
Kamenshchik made Domodedovo Airport number one in Russia in terms of passenger traffic since 2005; the airport was listed among Europe's major airports in 2011.
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In
September 2013 it was officially announced on the Airport’s website that the Chairman of the Board of Directors of Moscow Domodedovo Airport Dmitry Kamenshchik was its ultimate owner.
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registered JV East Line to engage in air transportation services. That is when Dmitry
Kamenshchik, became the general representative of the newly created JV in Moscow.
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In 1992, JV East Line stopped operating. Kamenshchik saw it as a chance to become East Line brand owner and continue the air transportation business.
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After the terrorist attack at Domodedovo Airport in January 2011 law enforcement authorities tried to determine ultimate owners of the Airport.
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The analysis of public data on the transactions involving purchase of the airport controlling stakes in the last three years (
205:. His father managed a computer center at Uralgiprotrans, and so did his mother at a classified geodesy and mapping company.
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in 2013) suggests that the EV/LTM EBITDA average multiplier came to a factor of 17.2. Application of this multiplier to
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Kamenshchik is single. His hobbies include jet piloting, shangi martial art, diving, kiting and mountain skiing.
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with a major in Economic Sociology. In 2003 he received a PhD degree in Economics from Moscow State University.
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It is no coincidence, of course, that the best airport in Moscow is the only one in private hands
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Russian government sold a controlling block of shares of the Novosibirsk airport Tolmachevo
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From 1986 to 1988 he was drafted to the regular military service in armored forces of
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According to the 2014 report of Airports Council International Europe (ACI Europe)
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According to D. Kamenshik interview to Vedomosti, a leading Russian business daily
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Kommersant's, a leading Russian business newspaper, report on East Line's history
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After school he entered the Faculty of Physics and Energy Engineering at the
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website and specified Kamenshchik as its sole owner. However, the IPO was
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leads to an estimated value of the airport at approx. USD 7.5 billion.
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In 1994 East Line company set up its core business at the premises of
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D. Kamenshik's profile on official Moscow Domodedovo Airport Homepage
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On 18 February 2016 Kamenshchik was arrested in connection with the
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Edinburgh Airport sold to Global Infrastructure Partners for £807m
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533:"East Line Group - Company Profile and News - Bloomberg Markets"
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172:; born April 26, 1968) is a Russian businessman, chairman of
461:"Владельца аэропорта Домодедово посадили под домашний арест"
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hubs, shopping malls, industrial centers and hotel resorts.
374:$ 3.9Bln Official Announcement of Moscow Domodedovo Airport
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Court upheld the legitimacy of the deals by three rulings.
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the holding company published information about the final
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Stansted Airport being sold to Manchester for £1.5bn
692:$ 3.9Bln Plan to Turn Domodedovo Into 'Aerotropolis'
479:"Мосгорсуд освободил владельца аэропорта Домодедово"
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due to the unfavourable current market environment.
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Domodedovo airport to become £2.46bn 'aerotropolis'
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420:According to D. Kamenshik's interview to Vedomosti
264:In February 1991, a businessman from Ekaterinburg
222:In 1990, he entered the philosophy faculty of the
443:"Задержан владелец "Домодедово" Дмитрий Каменщик"
521:Bloomberg's Company Overview of EAST LINE Group
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303:In the same year during the run-up for the
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84:Learn how and when to remove this message
657:"Moscow Airport Delays London IPO - WSJ"
235:Domodedovo International Airport bombing
197:(Yekaterinburg, Russia), in a family of
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45:contains content that is written like
395:Kamenshchik Named as Domodedovo Owner
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552:Moscow Domodedovo Airport plans IPO
210:Moscow Power Engineering Institute
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801:Businesspeople from Yekaterinburg
143:Lomonosov Moscow State University
681:Domodedovo airport postpones IPO
510:Bloomberg's D. Kamenshik profile
431:D. Kamenshik's Bloomberg profile
162:Dmitry Vladimirovich Kamenshchik
110:Dmitry Vladimirovich Kamenshchik
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203:Ural State Technical University
816:Moscow State University alumni
758:Forbes profile of D. Kamenshik
564:"Court Supports Privatization"
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170:Дмитрий Владимирович Каменщик
770:"Moscow Domodedovo Airport"
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379:December 29, 2013, at the
238:Kamenshchik was put under
174:Moscow Domodedovo Airport
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154:Moscow Domodedovo Airport
193:Kamenshchik was born in
747:Debt Security Documents
670:Debt security documents
228:Moscow State University
224:Moscow State University
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604:June 4, 2015, at the
313:London Stock Exchange
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66:neutral point of view
821:Russian billionaires
618:"Domodedovo Airport"
467:. 20 February 2016.
449:. 19 February 2016.
406:Russian Forbes list
58:promotional content
27:Russian businessman
354:Family and hobbies
280:Domodedovo Airport
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100:Dmitry Kamenshchik
60:and inappropriate
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120:26 April 1968
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778:. Retrieved
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56:by removing
52:Please help
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806:1968 births
309:beneficiary
266:Anton Bakov
217:Soviet Army
18:Kamenshchik
795:Categories
780:2015-06-03
574:2015-06-04
362:References
348:Domodedovo
336:Tolmachevo
256:Domodedovo
195:Sverdlovsk
152:Chairman,
127:Sverdlovsk
116:1968-04-26
54:improve it
447:Vedomosti
340:Edinburgh
338:in 2011,
317:postponed
189:Biography
139:Education
602:Archived
377:Archived
344:Stansted
247:Business
133:, Russia
74:May 2019
311:at the
166:Russian
643:"Oops"
483:Meduza
465:Meduza
182:Forbes
106:Born
305:IPO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
