The Ministry of Transport proposes the redemption of the 20% stake in CNAB shares held by the Proprietatea Fund, in order to become the sole shareholder.
Emese Grancsa
Economy
pexels.com
Always see our news on Google
The Romanian state intends to take full control of the National Company Bucharest Airports (CNAB), which manages Otopeni Airport and Băneasa Airport. The Ministry of Transport, the majority shareholder with 80% of the shares, has proposed to buy back the 20% stake held by the Property Fund, which was not consulted regarding this intention. If the proposal is approved, the state will become the sole shareholder of CNAB, valued at approximately 5 billion lei. The company reported operational revenues of 1.3 billion lei and a net profit of 609 million lei.
Additionally, CNAB has major infrastructure projects planned, including the construction of a new terminal at Henri Coandă Airport and the modernization of Runway No. 1, with investments estimated at hundreds of millions of euros. Furthermore, the company's listing on the Bucharest Stock Exchange has been blocked, and the Property Fund has emphasized that failing to meet the listing objective could lead to delays and additional costs.
Additionally, CNAB has major infrastructure projects planned, including the construction of a new terminal at Henri Coandă Airport and the modernization of Runway No. 1, with investments estimated at hundreds of millions of euros. Furthermore, the company's listing on the Bucharest Stock Exchange has been blocked, and the Property Fund has emphasized that failing to meet the listing objective could lead to delays and additional costs.
Sources
BREAKING Statul român vrea să cumpere integral Aeroporturi Bucureşti, după ce și listarea a fost blocată
Statul pregăteşte preluarea integrală a Aeroporturi Bucureşti. Fondul Proprietatea: „Nu am fost consultaţi”
Statul vrea control total la CN Aeroporturi București. Decizia va fi luată în ianuarie
Statul pregăteşte preluarea integrală a Aeroporturi Bucureşti. Fondul Proprietatea: „Nu am fost consultaţi privind tranzacţia”
Latest News
21:30
Volodymyr Zelensky stated that Ukraine was not involved in the sabotage of the Nord Stream pipeline.
21:11
Meghan Markle will no longer appear in season 3 of the Netflix series The Gentlemen
20:22
Railway traffic was temporarily halted between Simeria and Orăștie, after the discovery of improvised electrical installations.
20:02
Greece has moved a Patriot anti-aircraft battery to Crete for military defense against the risks of Iranian attacks on American installations.
19:41
Conflict at Amzei Pastry Shop: A man in a state of intoxication attempted to assault a woman, who defended herself with pepper spray.
See more news
NEWS ON THE SAME TOPICS
Current Affairs
Auction of 1.9 million euros for the maintenance of explosive detection systems at Henri Coandă International Airport
Current Affairs
CNAB: Otopeni and Băneasa airports will be protected with anti-drone systems. The market consultation for costs has begun.
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
