Hermes completes first phase in Cyprus

15-Jul-2005

CYPRUS. On July 8 the Cypriot government and the Hermes consortium completed the first phase of negotiations for the 25-year build-operate-transfer contracts for Larnaca and Paphos airports

Article Preview:

The consortium, which includes Aer Rianta International (ARI), Vancouver Airport Services, Bouygues Batiment plus local investors, must now agree the financial details of the deal. Once that process is complete

........
Login To Read More | Subscribe To Read More
Your Comments On This Article

Name:
Email:
- Not displayed on website
Comments:
Please note:
Only alpha-numeric characters allowed for comments
Security Image:
Please enter image text in the security code field
Security Code:
 

Related Stories

Articles bearing the symbol  require subscription.

(11-Jul-2005) - The Hermes consortium has reached agreement with the Cypriot government on build-operate-transfer deals for Larnaca and Paphos airports, with Aer Rianta International-Middle East set to take over retail once the financials are settled
(23-May-2006) - Despite rumours in the Cypriot press, the retailer has said it is on schedule to take over the commercial operation at Larnaca and Paphos airports on July 1
(28-Jan-2005) - CYPRUS. Aer Rianta International (ARI) has formed a joint venture with CTC, owned by the Cypriot conglomerate Shakolas Group, as it prepares to re-enter the travel-retail market in Cyprus
(14-Jul-2004) - Sources suggest negotiations will continue despite the preferred bidder in Cyprus? airport privatisation process passing the deadline to renew its financial guarantee
(1-Feb-2005) - CYPRUS. Aer Rianta International (ARI) has formed a joint venture with CTC, owned by the Cypriot conglomerate Shakolas Group, as it prepares to re-enter the travel-retail market in Cyprus