Spectator on facebook

Spectator on facebook

Top airport bidder has worst development plan

THE HIGHEST bidder in the privatization of the Bratislava and Košice airports, the TwoOne consortium comprising the Slovak Penta group and Vienna airport, has submitted the worst development plan for the Bratislava airport, the Pravda daily wrote.

The information comes from an evaluation of the tender offers by SH&E, a British firm advising the Slovak cabinet on the airport privatization.

Although TwoOne offered the highest price of all bidders for both the Bratislava and Košice airports - over Sk15 billion (€394.7 million) - it also submitted the least realistic development plan until 2010 of the four shortlisted bidders, according to the advisory firm.

According to SH&E, the plan submitted by TwoOne is a "big disappointment" because it focuses "on what has to be done rather than how TwoOne will do it".

SH&E rated the plans submitted by the Abertis and ISAP consortia as the best. Abertis includes Slovak financial group J&T, while ISAP is lead by Germany's Köln/Bonn airport companies.

The development plan submitted by the fourth bidder, the Turkish TAV, fared as poorly as that of TwoOne.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

New legislation protects creditors from unfair mergers

Fraudulent mergers were a legal business model enabling unfair businesses to get rid of debts

Tightening conditions when merging companies will increase the red tape of lawful mergers and prolong this procedure.

Blog: How long until a robot takes your job?

Are robots really taking over? What are the benefits and what are the risks?

Illustrative stock photo

Fifty Shades of Grey: Slovakia's Olympic outfits will not stray from tradition

The official outfit for Slovak athletes at the Pyongyang Olympic Games has been presented; the Slovak Olympic Committee (SOV) is not satisfied.

Olympic outfit of Slovak athletes

EMA will go to Amsterdam, not Bratislava

The Slovak capital finished fourth in first round of vote for the seat of the prestigious European Medicines Agency

EMA will move from London due to Brexit. It will go to Amsterdam.