Skip to main content
  • Home

Search This Site

EX-YU Aviation News

EX-YU Aviation News

  • About
  • Vintage
  • Trip Reports
  • Newsletter
  • Support

EX-YU VINTAGE


Zagreb Airport, 1968

TAV takeover in limbo

  • Get link
  • Facebook
  • X
  • Pinterest
  • Email
  • Whatsapp
  • Telegram
  • Reddit
  • Linkedin
  • Other Apps
Å tip to get cargo airport
The Turkish company TAV Holdings was last year expected to take over the management of Macedonia’s Skopje and Ohrid airports. TAV also signed a contract with the Macedonian government outlining that the company would modernise both airports and build another one. The company offered 200 million Euros for the modernisation of Skopje and Ohrid airports as well as the construction of a new airport to be complete within the next 20 years. It was agreed that the new airport would be built in Å tip, a key agricultural centre located in Macedonia’s east, to be used for cargo purposes. However, at the end of last year, TAV requested that the takeover of the airports be postponed, explaining that the company was unable to provide the finances for all its planned projects in Macedonia because of the financial crisis. In the meantime, they denied giving up the investment several times.

Yesterday the Macedonian transport minister Mile Janakievski said that the cargo airport in Å tip is part of the concession agreement with the Turkish TAV and its construction will not be cancelled. According to him, provisions of the annex to the agreement for the concession of the airports in Macedonia signed last year in September remain valid. However, 10 days before TAV must pay out its hefty multi million Euro takeover, there is still no official confirmation that they would adhere to the annex of the agreement. For that purpose, TAV requested a loan from EBRD (European bank for Reconstruction and Development) amounting to 45 million Euros and from EIB (European Investment bank) amounting to 80 million Euros. The banks are expected to make the decision about the loans in October when the boards of directors convene.
August 18, 2009
macedonia Ohrid Skopje
  • Get link
  • Facebook
  • X
  • Pinterest
  • Email
  • Whatsapp
  • Telegram
  • Reddit
  • Linkedin
  • Other Apps

Comments

Post a Comment

EX-YU Aviation News does not tolerate insults, excessive swearing, racist, homophobic or any other chauvinist remarks or provocative posts with the intention of creating further arguments. A full list of comment guidelines can be found here. Thank you for your cooperation.

VINTAGE EX-YU


Zagreb Airport, 1968

POPULAR THIS WEEK

Image

Wizz Air Abu Dhabi halts Belgrade, Sarajevo sales

Image

Tbilisi success prompts Air Serbia to explore new Eastern routes

Image

Croatia prepares PSO tender as foreign airlines eye domestic routes

Image

Norwegian's Belgrade flights start making Krakow stops

Image

Croatia registers strong passenger growth on Spain routes

Powered by Blogger
© EX-YU Aviation News 2008 - 2025