[Archive Home][Date Prev][Date Next][Index]

         

"Serbia invites bidders for 25-year Belgrade airport concession"


 
Monday, February 13, 2017

Serbia invites bidders for 25-year Belgrade airport concession
Reuters


Serbia has invited bids for a 25-year concession to operate Belgrade's Nikola 
Tesla airport , the biggest in the Western Balkan region.

Prime Minister Aleksandar Vucic said in December his cabinet expects 400 
million euros ($426.00 million) from the sale of the airport, one of the most 
profitable state-run firms in the Balkan country.

Belgrade is required to sell off state-owned companies, including the airport, 
as part of a 1.2 billion-euro loan deal agreed with the International Monetary 
Fund in 2015.

Airports in Europe are often seen as attractive infrastructure investments due 
to expected passenger growth in the region and several other privatisations are 
underway, including airport in Sofia.

The Nikola Tesla airport, located 17 kilometres (10 miles) from Belgrade's city 
centre, serviced 4,92 million passengers in 2016, or 3 percent more than a year 
earlier.
Under the terms of the offer, published in the government's Official Gazette on 
Feb 10, bidders will have 60 days to submit non-binding bids for financing, 
development, maintenance and managing of the airport.

On Monday, shares in Aerodrom Nikola Tesla rose to 1,150 dinars ($9.90) or up 
1.8 percent compared to Friday.

In the first nine months of 2016, Nikola Tesla airport reported a net profit of 
2.4 billion dinars, a 13 percent increase compared with the previous year.

Under terms of the offer, prospective bidders, companies or consortia, must not 
have more than a 20 percent stake in an airport within the range of 450 
kilometres, which serviced more than 1 million passengers in 2016.

The prospective bidders are also required to have accumulated capital worth 
more than 500 million euros or available financial resources of more than 500 
million euros, the offer said.

($1 = 0.9390 euros)
($1 = 116.1700 Serbian dinars)
 Do you have an opinion about this story?
Share it with other readers in our CAA Discussion Forums
http://www.californiaaviation.org/dcfp/dcboard.php

Current CAA news channel:


Fair Use Notice
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of political, human rights, economic, democracy and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.html. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. If you have any queries regarding this issue, please Email us at stepheni@cwnet.com