Ownership Rights over Kosice Airport Officially Handed over to TwoOne

25. Oktober 2006, 00:00

Ownership rights over Kosice Airport have been officially handed over to the TwoOne consortium Wednesday, the...

Ownership rights over Kosice Airport have been officially handed over to the TwoOne consortium Wednesday, the consortium, comprising Vienna Airport, Raiffeisen Zentralbank and Slovakias private group Penta, said.

TwoOne won the tender for a 66-per-cent stake in the airport in February this year with a EUR 23.7 million offer. Todays handover wraps up the acquisition procedure.

In a statement, the consortium pledged to implement an investment programme worth EUR 10.7 million, which aims at further developing the airports infrastructure and operations. In particular, it will construct a new hangar area for aircraft and will expand the airports non-aviation activities.

A partner at Penta, Jozef Oravkin noted the investment programme should help the airport increase its passenger numbers as the available service offer will be improving and expanding. "We want the private ownership to make sure that the services provided to our customers are improved," he added.

In the past few years, Kosice Airport enjoys double-digit growth in passenger numbers. While for the whole 2005, the airport served 270,000 passengers, in the first half of 2006 alone it welcomed 137,000 clients, which represents a 30-per-cent year-on-year increase.

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