Russian President Vladimir Putin Signs Order to Increase Security Forces and Nationalize Second Airport in Country

by time news

2023-12-01 22:25:02
Russian President Vladimir Putin has recently made some significant moves in both the military and economic sectors of the country. Putin signed an order to increase the size of the security forces in Russia, with a new total of 2.2 million people, 1.32 million of whom are soldiers. This decision comes as part of a larger plan to increase the number of soldiers to 1.5 million by 2026, following tensions with Ukraine and the expansion of NATO.

Additionally, Putin separately ordered the nationalization of Pulkovo Airport in St. Petersburg, the second busiest airport in Russia after Domodedovo in Moscow. This nationalization will involve the withdrawal of management rights from foreign shareholders, including the German Fraport and the Qatari wealth fund. The airport will now be managed by a new Russian company, VVSS, with the Russian government in charge of selecting the management team.

These actions are consistent with previous moves made by Putin to combat what Russia considers to be “unfriendly countries.” In July, Putin nationalized factories of Danone and Carlsberg, and now has taken similar steps with Pulkovo Airport. The decision has been welcomed by the airport, with expectations that it will restore the mechanisms of corporate governance.

The increase in the size of the security forces and the nationalization of Pulkovo Airport highlight Putin’s dedication to protecting Russia’s national interests and exerting more control over key assets within the country. These decisions have significant implications for both the military and economic landscape in Russia, and are likely to impact the country’s relationships with foreign entities in the coming months.
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