Nordea Leasing signed a leasing agreement on a purchase of snow removal vehicles for the Pulkovo Airport in Saint Petersburg

21.05.2012

Nordea Leasing signed a leasing agreement on a purchase of snow removal vehicles for the Pulkovo Airport in Saint Petersburg

Nordea Leasing OOO and Northern Capital Gateway OOO (which manages the Pulkovo Airport in Saint Petersburg) signed a leasing agreement on a purchase of six snow removal vehicles Vammas PSB 5500H.

Six vehicles cost EUR 5.4 m and are designed for removal of snow from airport runways. The tenor of the leasing agreement is five (5) years. New vehicles will enable the Pulkovo Airport in 2012 to cut by half the time needed for removal of snow from airport runways. As a result, the security level will be raised and take-off and landing will be optimized.

«This agreement is a new stage in our long-term business ties and a very significant step because our operations in North Western Russia are undoubtedly one of the priorities for the Bank», Mr Mikhail Polyakov, Deputy Chairman of the Management Board of OJSC Nordea Bank, pointed out.

In the opinion of Andrea Pal, Deputy General Director of Northern Capital Gateway OOO, the purchase of new show removers is a part of the general business development strategy of the Pulkovo Airport aimed at raising the level of services up to international standards under the leadership of such an experienced airport managing firm as Flagport AG.

Nordea Bank and Northern Capital Gateway OOO established business ties in 2010 when the Bank lent money for implementation of a project of development and reconstruction of the Pulkovo Airport on the terms and conditions of public private partnership.


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