Oligarch’s Russian airport raised $1bn through Dublin firm

Domodedovo airport is owned by Dmitri Kamenshchik, who started building his fortune by running international cargo flights out of Moscow following the collapse of the USSR

6th May, 2018
Domodedovo in Russia Pic: Getty

Russia’s largest airport, which is owned by a billionaire oligarch and was the site of a deadly suicide bombing in 2011, has raised almost $1 billion through a Dublin shelf company in the last five years.

DME Airport Designated Activity Company, an Irish company which is linked to Domodedovo airport, raised the money through three separate loan note issuances in 2013, 2016, and again in February of this year.

In total, the company has issued loan notes...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

James O’Connor: Ireland could turn a higher rate of corporate tax into a win-win

Tax James O'Connor 5 hours ago

Michael Brennan: Acid test of Greens’ peace deal will be what happens in Dublin Bay South

Home Michael Brennan 1 day ago

Analysis: Will new EU law cause a chilling effect on future FDI into Ireland?

EU Graham Butler 1 day ago

Willie O’Reilly: Trump gets personal with a special message

Media Willie O'Reilly 2 days ago