The National Company Bucharest Airports has been blocked in the process of listing on the stock exchange, the decision being made by the shareholders.
Cristina Petrache
Economy
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The National Company Bucharest Airports (CNAB) will not proceed with plans to list on the Bucharest Stock Exchange, according to a decision made in the shareholders' meeting. The shareholders of CNAB are the Ministry of Transport, with 80% of the shares, and the Property Fund, with 20%. Although Franklin Templeton, the administrator of the Property Fund, expressed support for the listing, considering it an opportunity for the development of the Romanian capital market, the shareholders decided otherwise. Prime Minister Ilie Bolojan confirmed the intention to list state companies, including CNAB, to increase transparency in operations. CNAB, which manages Henri Coandă International Airport and Băneasa International Airport, reported a 20% increase in business in 2024, reaching 1.383 billion lei, and a net profit of 608.827 million lei. Passenger air transport increased by 7.9% in the first half of the year, with the most flights operated at the airports in Bucharest, Cluj, and Iași.
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