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Thursday 29 November 2012

Dimistroy, to buy Gorna Oryahovitsa airport concession, one step closer

French construction company "Danistroy" has deposited a letter of intent with the Ministry of Transportation for the Airport Concession - Gorna Oryahovitsa. "Danistroy" has intentions to develop the Airport at Gorna Oryahovitsa. In the initial phase the initiatives are for the rehabilitation of hard surfaces, runway and new avionic equipment, and the construction of a special VIP terminal.

Also, the French company plans to construct more Bulgarian Real Estate including a technical centre for private airplanes like Cessna, Embraer, and Bombardier, develop a private school for pilots and parachutist training.

An investment of at least 4 million has been suggested. "Danistroy" previously had an interest in the airport in Stara Zagora.

Daniel Dimov, set up the French construction company when he left Bulgaria, Dimov, reportedly, buys and sells aircraft for hundreds of thousands of euros. In early September this year through his holding company he bought a "Cessna 500 Citation I" for € 315,000. In mid-November he announced for sale a "2008 Diamond DA-42 Twin Star" for € 325,000.

"A letter of intent from "Danistroy" is the first step, which is not a means to an end, that there will be a bid submitted by the prospective concessionaire" said Peter Petrov, head of the airport. However, there is an atmosphere of optimism which is positive!

Bulgaria airport concession Gorna Oryahovitsa
Veliko Tarnovo to benefit from an airport!
During March 2011 the Bulgarian Cabinet decided to initiate the procedure for the airport concession area of 2,115 acres for 25 years to the future owner had placed conditions have share capital at less than 1 million and the carrying value of its assets is not less than 5 million. If a successful bid is finalised and acceptable this could open up the airport for future commercial traffic benefitting the region of Veliko Tarnovo as a whole.

Source Yantra Dnes

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