Project Highlights
| Sector | airports and ports | |
| Country | Russia | |
| Location | St. Petersburg | |
| Type of Contract | EPC | |
| Contract value | EUR 710 million | |
| Customer | Northern Capital Gateway | |
| Contractor | Ic Ictas-Astaldi Insaat AS, 50% Astaldi held | |
| Progress | completed | |
| Construction | from 2011; to: 2013 |
Description
Astaldi Group, as part of a joint venture with the Turkish construction firm,Ic Ictas (TR, 50%), is performing the contract to extend Pulkovo International Airport in Saint Petersburg, Russia's number four airport as regards number of passengers.
The project involves the construction of a main building (95,475 sqm) that will house the new terminal featuring 85 check-in desks, boarding gates and links to car parks and the already existing ''Pulkovo 1'' and ''North Pier'' terminals. The project also involves the construction of a business centre (Class B, 11,660 sqm), a four-star hotel (200 rooms, 13,800 sqm) and all works related to commissioning of the new facility (airside facilities, snow storage areas, fire station, de-icing facilities, commercial areas, etc.), as well as renovation of ''Pulkovo 1'' Terminal (34,314 sqm).
The project aims to increase the airport's capacity to 14,000,000 passengers per year, guaranteeing a IATA Level C Service, and to be classified as the Baltic region's most important airport.
The contract (EPC, Engineering, Procurement and Construction) has a total value of EUR 710 million (Astaldi holds a 50% stake).
The project has been commissioned by Northern Capital Gateway (NCG), an international consortium involving Fraport (Frankfurt Airport Group), an international leader in airport management, VTB Capital (VTB Group), the second most important bank in Russia, and Copelouzos Group, a business developer working in the international industrial and technological sectors.
The works, which commenced in June 2011, have a planned duration of 39 months.