Spanish giant company AENA teams up with Australian investment fund First state investment to bid for Sofia airport concession in Bulgaria. This airport had traffic flow of 7 million passengers in last year. This is a very competitive concession as large European and Asian companies are also interested in this 35-year concession having a scope of turnover expectation about 3500 million Euros.
AENA and First state investments are going to have to make a strong investment effort. According to the rules of the international competition, stakeholders have to make an initial payment of more than 200 million Euros and a minimum investment of another 600 million throughout the entire period of exploitation. The Bulgarian government wants to use the funds obtained with the privatization to modernize its railway network.
Country updates
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October 10, 2018
Bulgaria cancels Plovdiv Airport concession procedure
Bulgaria's government canceled the 35-year Plovdiv Airport concession after the preferred bidder China's HNA Group and Dutch-registered Plovdiv Airport Invest withdrew their&nbs...
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October 04, 2018
UPDATE Manchester Airports to participate in Sofia Airport tender
Manchester Airports Group (MAG) has announced that it is planning to participate in the tender for the concession to operate Sofia Airport in Bulgaria, which is valued at EUR3.5 billion...
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September 17, 2018
Tender deadline for Sofia Airport concession to be extended
The Ministry of Transport, Information Technology and Communications of the government of Bulgaria has announced that the Commission responsible for overseeing the tender of Sofia Airport has recommen...
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July 25, 2018
The contract was expected to be signed before June 15, but at the request of the investors, the signature will be made in mid-July
The Bulgarian Council of Ministers has decided to postpone the signing of the concession contract regarding the Plovdiv Airport (PDV) for one month, which was left to a consortium between Ha...
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July 05, 2018
The Ministry of Transport, Information Technology and Communications has issued a contract notice for the concession
