VINCI Airports has been named as the best bidder by the Republic of Serbia and Airport Nikola Tesla (ANT) for the Belgrade Nikola Tesla Airport concession.
The 25-year contract, which covers financing, operation, maintenance, extension and upgrade of the existing airport terminal and runways, is expected to be signed in the first quarter of 2018.
VINCI Airports will take over operation by the end of this year after financial close.
Belgrade Nikola Tesla, which catered to 5.3 million passengers in 2017, is the main airport of the Republic of Serbia and serves as the hub of national carrier Air Serbia, which accounts for more than 50% of the airport’s passenger traffic.
VINCI Airports will improve operating conditions at the airport to enable Air Serbia to offer new long-haul routes.
VINCI Airports will make use of its partnerships with more than 200 airlines to increase the traffic and connectivity at the airport.
VINCI will reorganise and optimise passenger flows and expand retail areas to improve the overall customer experience, for which it will make use of the airport management and development expertise it acquired in France, Portugal, Japan and other countries.
VINCI Concessions CEO and VINCI Airports chairman Nicolas Notebaert said: “This success marks a new stage in VINCI Airports’ expansion outside France.
“Belgrade Nikola Tesla Airport will serve as the company’s ‘hub’ in Southeast Europe, a geographical area in which VINCI Airports has not operated until now.”
VINCI Airports manages the development and operations of 35 airports in France, Portugal (including the hub of Lisbon), Cambodia, Japan, Dominican Republic, Chile and Brazil.
The company develops, finances, builds and operates airports, making use of its investment capability, international network and know-how.
VINCI is involved in concessions and construction, and designs, finances, builds and operates infrastructure and facilities that help improve daily life and mobility.