NR Investments, has recently acquired the controlling interest in the operation of Chisinau International Airport. On September 17, NRI reiterated its commitment to direct a significant percentage of this year’s pledged funding towards a new runway and to further enhance its modern terminal to create a world-class airport.
Concession holder Avia Invest needs to fund approximately €72 million in capital expenditure by the end of this year. A further €83.9 million will be required when passenger numbers surpass 3.2 million per annum. Total investment (under the concession agreement) will amount to €242 million, a significant sum to support and grow an important asset. (€1.00 = US$1.11 at time of publication.)