Airport Expansion Wins top Investment Certificate

Dnevnik weekly

Fraport Twin Star Airport Management, a Fraport AG company, has received a First Class Investor certificate from Bulgaria's investment promotion authority for its project for the expansion of the Burgas airport which it operates under a concession arrangement. The company, which also operates the local Varna airport, will phase an investment of 49.6 mln euro through '09, including 32 mln euro slated for a new passenger terminal. The conceptual design of the new 43,200 sq m terminal, which will have a capacity of 3 mln passengers annually, was unveiled on Wed. It will be manned by 100 staff.