Bratislava airport given ok to buy back land

The state-run air traffic control company LPS Bratislava can sell two state-owned land plots back to the M.R. Štefánik Airport for €969,262, including VAT, reported the SITA newswire.

The state-run air traffic control company LPS Bratislava can sell two state-owned land plots back to the M.R. Štefánik Airport for €969,262, including VAT, reported the SITA newswire.

At its regular meeting on May 6, the cabinet granted an exception from the law on transfer of state assets to other persons to permit this transaction and it tasked Transport Minister Ľubomír Vážny to ensure implementation of the exception by the end of this June, SITA wrote.

The exception applies to the land plots, built-up areas and courtyards with a total area of 7,938 square meters in the Bratislava district of Ružinov. LPS bought the two parcels of real estate from the airport in 2005 for €791,011 (Sk23.83 million) excluding VAT. LPS originally bought the land plots with the aim to develop its infrastructure. However, their size was insufficient.

The buyback price of two land plots amounts to €814,506 (Sk24.538 million) and is €24,026 (Sk723,800) higher than the original one. The M. R. Štefánik Airport Bratislava is a state-owned company with 64 percent being controlled by government privatization agency, the National Property Fund, and 36 percent by the Transport Ministry. LPS was founded by the Transport Ministry on January 1, 2000. SITA

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

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