11. July 2006 at 11:55

Vienna airport expects airport deal to be okayed

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VIENNA airport operator Flughafen Wien is convinced that the Slovak Antitrust Office (PMÚ) will approve the privatization of the Bratislava and Košice airports.Compiled by Martina Jurinová from press reports

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"We have a valid contract signed by both parties and are currently waiting for the antitrust office to deliver its decision," stated the company.

Flughafen Wien is thus responding to Slovak PM Robert Fico, who stated that his government will step into the privatization process and scrap the contract if possible, SITA wrote.

Newly appointed Transport Minister Ľubomír Vážny is taking a cautious stance with respect to the airport privatization, stating that the ministry is planning to review the contract on the sale of the state's 66 percent stakes in both airports. The minister particularly considers the contract's investments terms as problematic.

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Privatization contracts to sell the majority stakes in the Bratislava and Košice airports were signed on February 10, 2006, after the government approved the TwoOne consortium, of which Vienna airport is a member, as the preferred strategic investor for the airports.

The PMÚ is due to deliver its decision by August 14, 2006.

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