The first airport with a foreign investor

MG
opublikowano: 25-02-2008, 13:18

Warsaw (Puls Biznesu) – Austrian Meinl will invest in Bydgoszcz airport. It may take up to 49 percent of shares.

 

After 12 months of negotiations with the present shareholder, Austrian Mainl Airports International will acquire up to 49 percent of Bydgoszcz airport. The province authorities were delaying the decision.

“We agreed that the decision will be made at the next GSM of the company. Then we will be able to say something more about the new issue”, Edward Harwich, kujawsko-pomorskie province deputy head said.

“On March 10th, the GSM will approve of the decision. Then, we will apply to the civil aviation authorities ULC”, Krzysztof Wojtkowiak, the temporary CEO and chairman of the supervisory board said.

 

Meinl has recently invested PLN 210m (EUR 58.8m) in Sochaczew airport which is being planned, and acquired 40 percent of its shares. The airport in Bydgoszcz needs over PLN 200m for investments. It can get EUR 23.5m from EU funds.

Bydgoszcz airport is also looking for a new CEO. Marcin Hydzik, the previous CEO, was dismissed in Fall 2007.

“We will wait for applications till March 10th. On March 11th, the supervisory board will view the offers and make decision within several days”, Krzysztof Wojtkowiak added.

(PLN 1 = EUR 0.280)

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Podpis: MG

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