VINCI Airports selected as best bidder for the Belgrade airport (Republic of Serbia)
6 January 2018 - 3:34 pm - Acquisitions - Serbia
- A 25-year concession covering financing, operation, maintenance, extension and upgrade of the existing airport terminal and runways
- Total traffic of 5.3 million passengers in 2017
The Republic of Serbia and ANT (Airport Nikola Tesla) have selected VINCI Airports, the world’s fourth-largest airport operator, as best bidder for the Belgrade Nikola Tesla Airport concession.
The 25-year concession contract covers financing, operation, maintenance, extension and upgrade of the existing airport terminal and runways. The contract is expected to be signed in the first quarter of 2018, with VINCI Airports then taking over operation by the end of this year, following financial close.
With around 5.3 million passengers welcomed in 2017, Belgrade Nikola Tesla in the capital of the Republic of Serbia is the country’s main airport, serving as the hub of Serbian flag carrier Air Serbia, which accounts for more than 50% of the airport’s passenger traffic.
As concessionaire, VINCI Airports will aim at improving airport operating conditions to enable Air Serbia to offer new long-haul routes as part of its hub strategy. VINCI Airports will build on its partnerships with over 200 airlines to further increase the airport’s traffic and connectivity, in line with Serbia’s strong economic growth potential.
VINCI Airports will also capitalise on the substantial airport management and development expertise it has acquired in France, Portugal, Japan and other countries to improve the overall airport customer experience, notably by reorganising and optimising passenger flows and expanding retail areas.
Nicolas Notebaert, Chief Executive Officer of VINCI Concessions and Chairman of VINCI Airports, said: “This success marks a new stage in VINCI Airports’ expansion outside France. Belgrade Nikola Tesla Airport will serve as the company's “hub” in Southeast Europe, a geographical area in which VINCI Airports has not operated until now.”
About VINCI Airports
VINCI Airports, a top 5 global player in the international airport sector, manages the development and operations of 35 airports located in France, Portugal (including the hub of Lisbon), Cambodia, Japan, Dominican Republic, Chile and Brazil. Served by more than 200 airlines, VINCI Airports’ network handled 132 million passengers in 2016. Through its expertise as a comprehensive integrator and the professionalism of its 11,000 employees, VINCI Airports develops, finances, builds and operates airports, leveraging its investment capability, international network and know-how to optimize the management and performance of existing airport infrastructure, facility extensions and new construction. In 2016, its annual revenue for managed activities amounted to €2.7 bn for a consolidated revenue of €1.05 bn. More comprehensive information is available on www.vinci-airports.com
VINCI is a global player in concessions and contracting, employing close to 195,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.