Hellenic Republic Asset Development Fund: Three binding bids for Greek Airport leases

Greece's Hellenic Republic Asset Development Fund received (10-Oct-2014) three binding bids from foreign and Greek firms to use, operating and manage 14 of the country's 39 regional airports under the country's asset sales plan. HRADF said that Germany's Fraport jointly with Slentel, Argentina's holding company Corporation America with Greece's Mytilineos and France's Vinci with Greece's Ellaktor bid for the airports. All three were part of seven groups that were short-listed in 2013 to operate and upgrade airport terminals at some of Greece's most popular tourist islands, such as Rhodes, Corfu, Mykonos and Santorini. The deadline for bidding for the airports, which handled about 19.2 million tourists in 2013, expired at 18:00 local time on 10-Oct-2014. The privatisation agency said it would pick the winner by the end of Nov-2014. [more - original PR]