Slovenia stops privatization of Liubliana airport

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Slovenia stops privatization of Liubliana airport

The Slovenian Government has decided to halt any privatisation process until  the appointment of the new government. This will affect the privatization of Slovenia's largest airport Ljubljana Jože Pu?nik.

Outgoing Prime Minister Alenka Bratusek added that the decision did not mean the end to privatisation. Elections are due to take place in Slovenia on 13 July.

Local analysts said the move was aimed at raising Bratusek's popularity with voters.

In June 2014, we reported that more than twenty companies have expressed interest to purchase a 75.5% stake in Ljubljana Jože Pu?nik airport.

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 were among the firms who submitted interest for the asset.

In late March KPMG, the financial advisor in the sale process, had requested EOIs.

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.

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