Friday February 27, 2015 Search
Weather | Athens
11o C
6o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Argentinian firm eyes Greek regional airports

 Corporation America intends to undertake the operation of all 21 terminals that are up for privatization

By Vangelis Mandravelis

Argentinian-Armenian businessman Eduardo Eurnekian is eyeing all of Greece’s regional airports, up for sale, as the second-richest man in Argentina plans to expand his activities in Southern Europe through his company, Corporation America, which is taking part in the tender for the sell-off of 21 regional airports around Greece in cooperation with the local Mytilineos group.

The 21 airports are to be privatized in two clusters, with each of the seven bidders who have expressed an interest being allowed to enter a bid for either or both of the airport groups. Corp America appears to be interested in both clusters, neither of which includes Athens International Airport.

“Our aim is to grow in America and in Europe, with a focus on the Mediterranean region,” the entrepreneur’s nephew, Martin Eurnekian told Bloomberg on Friday in Davos, Switzerland. Also head of the company’s foreign market development department, he said “we’re going to be very aggressive on all fronts. A lot of opportunities have opened up after the crisis.”

Corp America has already grabbed a 23 percent stake of the airport in Pisa, Italy, and is now aiming at a holding in the neighboring Florence airport. Martin Eurnekian said the company intends to invest in enterprises that operate airports as well as acquiring their management. It currently operates 51 airports around the world, most of which are in South America.

Based in Buenos Aires, it has annual revenues of $1.2 billion.

In September, Greek state sell-off fund TAIPED shortlisted seven bidding consortiums for the second stage of the tender for the concession of the country’s 21 regional airports. The process has not yet entered the stage of binding bids but this is expected very soon (after several delays), as the government and the fund are under pressure from the country’s creditors to proceed with the privatizations program.

According to the original plan, the consortiums to undertake the two groups of regional airports will operate them for a period of between 30 and 35 years, and will have to implement investments amounting to about 220 million euros.

ekathimerini.com , Friday Jan 24, 2014 (22:17)  
Restive Bundestag to approve Greek bailout extension
German MPs begin debate on extending Greek bailout program
Minister says he hopes that ENFIA ends
Postponing an IMF tranche ‘means default’
Gov´t official: bill reinstating ERT, rehiring staff to go to Parlt on March 5
Draft legislation foreseeing the reinstatement of former state broadcaster ERT, which was abruptly closed down in June 2013 by the previous conservative-led administration, will be submitted...
Gov´t adviser suggests Greek MPs could vote on deal in separate bills
Even as other eurozone parliaments, including Germany's, held votes on an agreement between Greece and its creditors to extend the country's loan agreement, a senior adviser to Prime Ministe...
Inside News
SOCCER
Ten-man Olympiakos couldn´t overcome Dnipro
Olympiakos drew 2-2 with Dnipro from Ukraine at home on Thursday, playing almost the entire second half with a man down, to bow out of the Europa League, despite facing an opponent which on ...
BASKETBALL
Greens lose at Maccabi but preserve head-to-head advantage
Panathinaikos suffered its third loss in eight games at the second stage of the Euroleague going down 73-70 at Maccabi Tel Aviv on Thursday, but has preserved its better head-to-head record ...
Inside Sports
COMMENTARY
A breath of opportunity
We are still living in the Greece we know: The government is struggling to explain its retreat in the face of our creditors, the opposition (including dissidents in SYRIZA) smells blood, we ...
EDITORIAL
Give the green light
Foreign investment is a crucial component of economic recovery and Greece needs to start bringing it in fast. Instead, the government, like others before it, is scaring it off in a bid to sa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Gov´t official: bill reinstating ERT, rehiring staff to go to Parlt on March 5
2. Gov´t adviser suggests Greek MPs could vote on deal in separate bills
3. German lawmakers approve extension of bailout program for Greece
4. Prosecutor orders probe into claims of abuse at Amygdaleza migrant facility
5. Restive Bundestag to approve Greek bailout extension
6. German MPs begin debate on extending Greek bailout program
more news
Today
This Week
1. Tsipras reversal draws Greek sympathy as party rumblings rise
2. German MPs begin debate on extending Greek bailout program
3. Restive Bundestag to approve Greek bailout extension
4. Prosecutor orders probe into claims of abuse at Amygdaleza migrant facility
5. German lawmakers approve extension of bailout program for Greece
6. Gov't adviser suggests Greek MPs could vote on deal in separate bills
Today
This Week
1. Greece prepares extension request for eurozone approval
2. Time for Alexis Tsipras to keep his nerve
3. Stubborn but not almighty
4. Greek bailout deal faces review by euro officials next week
5. Greece says eurozone deal won time as cash bled from banks
6. The ignorance of the West about the culture of Islam
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.