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Legal Battle Over Vladivostok's Old Airport Terminal Intensifies After Court Ruling

A foreign investor's bid for control crashes in court, leaving the terminal's future—once promised as an airport or mall—shrouded in legal chaos. Who will win this high-stakes standoff?

The image shows an old black and white photo of people walking down a street in a village, with...
The image shows an old black and white photo of people walking down a street in a village, with horse carts and houses in the background. At the top of the image, there is some text which reads "Vladivostok, Russia".

A legal dispute has erupted over the ownership of Vladivostok's old airport terminal. The Arbitration Court of Primorsky Krai recently rejected lawsuits filed by PBN Co. LTD, a foreign co-owner of Terminal B LLC. The conflict centres on control of the site, which was once slated for redevelopment as an alternative airport.

The old terminal's ownership shifted on October 7, 2025, when Terminal Vladivostok JSC and PBN Co. LTD each acquired a 50% stake. Since then, tensions have grown as the new co-owner seeks full control, potentially pushing PBN out of management. Observers note that developing the site under current conditions appears impractical.

The lawsuits from PBN may be a tactic to extract a larger financial settlement rather than resolve operational disputes. Former mayor Vitaly Verkeenko had previously proposed converting the terminal into a secondary airport, but those plans never materialised. Instead, reports suggested the building would become an exhibition and shopping centre by March 2026—though no official confirmation exists. Meanwhile, the foreign co-owner continues to challenge the sale of the 50% stake, prolonging the legal standoff. With the court dismissing PBN's claims, the future of the terminal remains uncertain.

The rejected lawsuits leave Terminal B LLC in limbo, with competing interests vying for dominance. Without a resolution, the old terminal's redevelopment plans stay on hold. The outcome will determine whether the site becomes a commercial hub or remains tied up in legal battles.

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