NEWS FLASH
Belgrade Nikola Tesla Airport has recorded its first net profit since its takeover by VINCI, four years ahead of its initial plan. Based on recently published financial results, Belgrade Airport recorded a net profit of 9.9 million euros in 2024. The turnaround was driven largely by lower expenses and higher operating profit. Costs declined from 162 million to 129 million euros. The most significant savings came from service costs, which were reduced from 71 million to 42 million. At the same time, wage expenses increased modestly from thirty million to 31.6 million. Operating profit nearly doubled, climbing to 40.3 million from 22.8 million euros in 2023.
In 2023, Belgrade Airport recorded a net loss of 10.7 million euros. Based on the long-term business and financial plan VINCI submitted to the authorities, the airport was not expected to turn a profit until 2028, due to heavy capital investments in the modernisation and reconstruction of the terminal, runway and supporting infrastructure. VINCI anticipated that only in 2028 revenues would exceed operating costs.
Savings achieved by not installing a proper air conditioning system…
ReplyDeleteTrue dat!!
DeleteIf it was never properly installed as you claim, how can they make a year on year saving on it? Think before writing nonsense.
Deletemaybe OP wrote inconsistently with his/her thoughts but has right!
Deletethey planned 3x EUR for something like conditioning however, they spend only 1x and put 2x on a side as cost saving .. mediocre..
They got profits four years ahead of its initial plan but the reconstruction goes according to plan and is still not finished, I guess...
ReplyDeleteProfit at the expense of quality and employees. This airport looks awful in most apsects from check-in to arrivals , all is claustriphobic and dark.
ReplyDelete+1
DeleteThey are trying to recoup the 1.4 billion Euros they gave the government as soon as possible.
That means the fewer they spent on modernization and services the sooner they will report profits back to Paris. 🤷♂️
Perfect. Now build a new terminal :)
ReplyDeleteSome people are never happy... they make profit they vinge if they made a loss they would vinge... one thing for sure airport is better now then it used to be. Sure they could do better but one job at the time.
ReplyDeleteVinge?
DeleteVinge je sleng. Znaci buniti se, protiviti se... Koliko se secam engleskog jezika.
DeletePozdrav iz prolecnog Sidneja.
Nije vinge nego whinge.
DeleteAnother thing stolen from the people, sold for nothing to colonial overlords, that now brag about making profit over the backs of employees and cutting corners on every regulation they can get away with....oh yeah, specially "liking" the AI surveillance new digital prison look....most of us would choose the old airport, and basically everything like it was before we got " liberated" into "freedom and democracy" that robbed us blind, made us into slaves, and destroyed decency and morality in every aspect of our existence
ReplyDelete👀
DeleteWhat an extraordinary comment. An airport concession robbed you blind? Serbia gets a ton of money from this.
DeleteThere is always Cuba and North Korea to move and continue living your socialist dream. 🤷♂️
DeleteZnači ide dividenda na max?
ReplyDelete