Posted on: 30 July 2019 by Chloe Greenbank
French investment firm Meridiam, Austrian construction firm Strabag and Munich Airport have been jointly awarded the concession to run Bulgaria’s Sofia Airport. The decision to award the consortium was announced by Bulgaria’s Minister of Transport, Information Technology and Communications, Rosen Zhelyazkov.
It followed an exciting tender process which attracted the interest of airport operators and investors from around the world, including French-based Groupe ADP and Turkish TAV Havalimanlari Holding. The process was conducted by the Bulgarian Government with the support of the IFC (World Bank) and the EBRD in line with international and industry standards.
In an earlier statement, Rossen Zhelyazkov said that all five bids submitted in the tender were hugely competitive, with the technical aspects of the offer, including the plans for the airport’s development, playing a decisive role.
This is Bulgaria’s second attempt to pick a concessionaire for the country’s largest air transportation hub and as is common in this type of process, the Commission for the Protection of Competition will now proceed with its review.