Greece

Greece

Greece transfers 14 regional airports to a German consortium

11 Apr 2017

On 11 April 2017 the Greek Agency of Privatization has announced that the management of 14 regional airports will be transferred to the German consortium Fraport AG-Slentel Ltd. The value of the deal is estimated at EUR 1,2 billion. In parallel, the investors will pay EUR 22,9 million as an annual fee to the Greek state, which will remain the formal owner of the infrastructure, while the investors will ameliorate it. The deal is part of the third loan received by Greece in 2015

  • Type:
    • Entry and establishment (Ownership and control)
  • Industry:
    • Services (Transportation and storage)
  • Sources: