A Moscow court ruled on Tuesday that the Russian state can seize the city’s second-largest airport from its billionaire owner, all but greenlighting the largest in a string of forced nationalisations enacted since the full-scale invasion of Ukraine.
Russia’s prosecutor-general had argued that Domodedovo airport’s owner Dmitry Kamenshchik and his business associate, Valery Kogan, were part of western efforts to undermine the Russian economy. They cited the two men holding foreign passports as proof.
The prosecutor-general’s office has expropriated dozens of Russian companies since 2022 — a process it says has returned billions of dollars to the state. Once seized, the assets are then sold on to new buyers, many of whom are seen as having powerful connections.