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
19:34
The residents of Galați received a RO-ALERT message regarding the fall of objects from the airspace. Authorities recommend calm and sheltering.
19:32
Jodie Foster, a 23-year-old python, became the first snake subjected to electrochemotherapy after a malignant tumor recurred. Now, the animal shows no signs of cancer.
19:20
Meghan Markle could return to acting, considering an offer for a role in the United Kingdom, after she and Prince Harry move back to Great Britain.
19:09
Prince Harry, Elton John and others must pay 9.5 million pounds to the publisher Daily Mail after a failed lawsuit regarding invasion of privacy.
18:59
Rompetrol will build a 4.8 MW photovoltaic power plant at the Vega Ploiești Refinery, with an investment of 27 million lei
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
