According to the Moscow gateway, the first phase of its "new and improved" Terminal C ensures that it is equipped to handle international flights.
The revamped terminal has a total floor area of 127,374sqm and the capacity to handle 20 million passengers per annum.
It boasts 84 check-in desks and 160 passport control booths, which the airport hopes will ensure the speedy processing of passengers and air crew.
Speaking at today's opening ceremoiny, Yurchik noted: "Sheremetyevo has been a leader of the airport infrastructure development in our country, Europe and all the world in recent years.
"The airport and it’s base air company Aeroflot, are the flagships of the aviation industry. It’s very necessary and important symbiosis."
According to the deputy minister, the airport development is based on a PPP project.
Aleksandr Ponomarenko, chairman of the airport operator's board of directors, told guests: "Our own investments into Terminal С amounted to RUB32 billion [$520 million].
"As a result, the new terminal will increase the airport's capacity to 80 million passengers per year. This is a critical step as we work toward our strategic goal of serving 100 million passengers per year by 2030.
"Today, Sheremetyevo Airport is the largest airport in Russia and a critical part of the global transportation system. The launch of the new terminal will strengthen our competitive positions within the local and global markets, and our leading position among Europe's major airports in terms of flight punctuality and passenger service quality proves that the business strategy we have chosen is a sound one."
Terminal C was built as part of the Long-term Airport Development Program and forms part of the Northern Terminal Complex (Terminals B, C) of Sheremetyevo Airport.
"The design of Terminal C naturally combines the best tradition of Russian art and modern technologies," states Moscow Sheremetyevo, noting that its interior "features a Russian constructivist design".
An impressive 49.9 million passengers (+8.9%) passed through Moscow Sheremetyevo in 2019 to cement its status as Russia's busiest gateway.
The most popular international destinations served from Sheremetyevo in 2019 were Antalya, Yerevan, Paris, Beijing and Tel Aviv, while St Petersburg, Simferopol, Sochi, Yekaterinburg and Krasnodar were the most popular domestic routes.