More than 20 bids for Slovenia airport

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
More than 20 bids for Slovenia airport

More than twenty companies have expressed interest to purchase a 75.5% stake in Slovenia's largest airport Ljubljana Jože Pu?nik.

The Slovenian Restitution Fund (SOD) is coordinating the sale of the airport, which has a market capitalisation of about €76 million (US$104 million).

China Southern Airlines, Fraport Group, Munich Airport, Zurich Airport, French engineering and consulting group Egis, French concession and construction company VINCI and Italy's SAVE are among the firms who submitted interest for the asset.

In late March KPMG, the financial advisor in the sale process, had requested EOIs. According to data from January, nearly 69% of the company is controlled by the state (50.67% directly, the rest through state-owned funds and companies). The rest of the 75.5% stake on sale is being sold by smaller stakeholders.

Ljubljana Jože Pu?nik Airport, is the international airport of Ljubljana, the capital of Slovenia. The airport is located near the village of Brnik, 24 km northwest of Ljubljana and 9.5 km east of Kranj on the road between Kranj and Mengeš. It serves as the homebase for Adria Airways, the Slovenian flag carrier.

The airport handled 1,321,100 passengers in 2013, representing a 10.2% rise in traffic figures compared to the previous year. It is currently the only airport in Slovenia with scheduled air traffic. The airport has seen an almost 13% increase in passenger numbers in the first quarter. In addition, it reported a net profit of €857.000 during the first three months, up 5.4% year-on-year, as revenue rose almost 6% to 7.13 million euros.

Due to growing air traffic and Slovenia's EU entry, Aerodrom Ljubljana Airport Authorities have prepared a redevelopment plan in two phases.

Works on the first phase began in early July 2007. With completion of the work on T1, the airport gained extra floor area.

The second phase, which had been planned to begin in 2013, but was postponed indefinitely by minority shareholders of Aerodrom Ljubljana, includes the construction of a completely new airport terminal (T2). The new terminal building (T2) will expand over 32,000 m^2. The capacity of T2 will be 2.5 million passengers annually. The opening of T2 was originally planned for May 2015 but the new date is currently unknown.

Share this news