Consortium TwoOne: We Have Submitted the Best Bid for the Positive Development of the Airport

22. December 2005
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The consortium TwoOne (Vienna Airport, Raifffeisen Zentralbank, and private equity group Penta) got the best evaluation by a privatization commission as the “Preferred Bidder” in a tender for a privatization of the Slovak airports Bratislava and Košice. “We are very pleased with this result and we are convinced that we have submitted the best bid for the permanent positive development of the Bratislava and Košice airports as well as the whole region,” said Dr. Michael Fazekas, head of the consortium TwoOne. “We have submitted an ambitious business and investment plan, which makes a driving economic force of the region of both airports.”

Intended expansion of the Bratislava airport within an alliance with the Vienna airport is an investment in the joint future. The consortium TwoOne will be active in Bratislava in order to achieve a long-term positive development of the airport. Since only within this cooperation we are able to utilize large potentials of synergy that will be reflected, for instance, in an increase of the umber of passengers beyond the level of natural growth.

In addition, this solution will bring both to Bratislava and Košice attractive air connections and the best connections with the international air system. Through the modern transport connection CAT (“City Airport Train”) between Vienna and Bratislava and their airports, the Vienna market will open to the Bratislava airport. This will strengthen Bratislava as an important economic center. “The alliance of airports will evaluate competitiveness of the whole Vienna – Bratislava region in the long run,” states the head of the project Dr. Michael Fazekas.

Contact:

Consortium TwoOne
Dr. Michael Fazekas
Tel. +43/1/7007-22361
m.fazekas@viennaairport.com

Penta Investments, a.s.
Andrea Straková
Tel. +421 2 5778 8190
strakova.andrea@penta.sk

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