Russia's government will pass a law next year which guarantees the rights of investors in public-private partnerships. It hopes the move will attract funds to rescue companies threatened by bankruptcy. Join discussion...

A consortium of Fraport, Russian state bank VTB and Greek Horizon Air Investments has been named preferred bidder for Russia's Pulkovo airport, Fraport said on Thursday. The consortium beat bids by aluminium tycoon Oleg Deripaska's Basic Element in partnership with Singapore's Changi airport and another group led by Flughafen Wien and Leader, a local investment house founded by Gazprom. Join discussion...

Billionaire Oleg Deripaska's Basic Element, Germany's Fraport and Flughafen Wien are among the companies bidding for a 40.2 billion ruble ($1.28 billion) contract to upgrade St. Petersburg's Pulkovo Airport. Fraport, the operator of Frankfurt Airport, is bidding with VTB Europe, the London-based investment unit of VTB Group, to overhaul and operate for 30 years Russia's largest airport outside Moscow, the municipal government said Thursday in announcing the three bidding groups. Join discussion...

Environmentalists have raised concern over the ecological and economic sustainability of the St. Petersburg Western High-Speed Diameter, Russia’s first toll road which is due to be completed by 2012. Join discussion...