25-Jan-2013 1:15 PM

Nuance Group to operate duty free at Burgas and Varna airports

Bulgaria's Burgas and Varna airports awarded (24-Jan-2013) Nuance BG AD, a JV between The Nuance Group and Bulgarian Airways Group EAD, currently under EU antitrust application, a new concession to operate duty free and duty paid retail shops at the new passenger terminals at the airports. The five-year contract will commence on 01-Jun-2013 and the overall sales value is estimated to be over EUR180 million. The concession covers eight stores and over 1300sqm of retail space in Burgas and Varna Airports dedicated to Perfumes & Cosmetics, Liquor, Tobacco, Confectionery, Local Food & Liquor, Toys, Sunglasses, Leather Goods & Bags and Watches & Jewellery. Fraport Twin Star Airport Management AD CEO Aletta Freiin von Massenbach said: “Three companies (including LS travel retail and Gebr. Heinemann) were shortlisted and handed in very competitive bids and after a very detailed evaluation The Nuance Group with local partner Bulgaria Airways Group EAD prevailed with high commercial value and optimal design solutions for the available space.” [more - original PR]

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