Friday Jan 30, 2015 Search
Weather | Athens
16o C
13o 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)  
Greece to cancel gas utility sale, opposes Canadian gold mine
Berlin: Greek aid extension only makes sense if Athens upholds reforms
Pimco says Greek bonds illiquid, volatile until accord reached
Draghi deflation challenge underlined as prices plunge by record
Eurogroup chief warns Greece against ´ignoring´ deals done under bailout
Eurogroup chief Jeroen Dijsselbloem on Friday warned Athens against "ignoring" its international bailout deals following talks with the new anti-austerity government. "Ignoring the compromis...
New Greek PM to visit Cyprus on first foreign trip
Greece's new Prime Minister Alexis Tsipras is to travel to close ally Cyprus on Monday for his first visit abroad since his election victory, Cypriot officials said. On a brief visit to Gree...
Inside News
SOCCER
Olympiakos draws AEK in Cup quarterfinals
The dream draw of Olympiakos vs AEK in the quarterfinal materialized on Friday, as two of the capital's three giants will face off in a two-leg tie for a place in the semifinals of the Greek...
BASKETBALL
Below-par Olympiakos succumbs to Efes
The winning streak of Olympiakos in the second group stage of the Euroleague ended on Thursday in Turkey, as Anadolu Efes outclassed the Reds in the second half to win 84-70. Olympiakos had ...
Inside Sports
INTERVIEW
SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
“SYRIZA must realize that it is now the Greek government, not a party running an election campaign,” European Parliament President Martin Schulz, the first European official to visit Greece ...
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Eurogroup chief warns Greece against ´ignoring´ deals done under bailout
2. New Greek PM to visit Cyprus on first foreign trip
3. No plan for when Greece´s bailout ends, Dijsselbloem says
4. Greece rejects return of EU-IMF inspectors to Athens, source tells Reuters
5. Greece to cancel gas utility sale, opposes Canadian gold mine
6. Ex premier Karamanlis said to reject SYRIZA offer for presidential candidacy
more news
Today
This Week
1. SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
2. Why Greece went left while Europe turns to right
3. Capital flees Greece at fastest pace since 2011
4. Greek government's signals very mixed, ECB's Jazbec says
5. Monastiraki restaurant fire prompts panic, restricted before spread
6. EU's Schulz: Greece should follow EU line on Russia
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. SYRIZA's win will test institutions
6. Poll shows SYRIZA leading ND by 4 pct
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.