Vinci Airports, the airport division of construction and concession company Vinci, has assumed the management of Belgrade Nikola Tesla Airport in Serbia.

In January 2018, Vinci Airports was selected as the preferred bidder for the Belgrade Nikola Tesla Airport concession by Serbia and Airport Nikola Tesla (ANT).

The company was awarded a 25-year concession to run Belgrade airport in lieu of a one-time concession fee of €501m.

The French airport operator also agreed to invest another €732m in new infrastructure that includes financing, operation, maintenance, extension and upgrade of the existing airport terminal and runways.

Vinci Concessions CEO Nicolas Notebaert said that the company plans to make the airport a regional hub so that it could increase its capacity to manage more than 15 million passengers a year.

“Belgrade Nikola Tesla Airport will serve as the company’s hub in South-East Europe, a geographical area in which VINCI Airports has not operated until now.”

Notebaert had said: “This success marks a new stage in Vinci Airports’ expansion outside France. Belgrade Nikola Tesla Airport will serve as the company’s hub in South-East Europe, a geographical area in which VINCI Airports has not operated until now.”

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By GlobalData

The company will also work to improve airport operating conditions to enable Air Serbia to provide new long-haul routes.

Vinci will look to use its partnership with over 200 airlines to boost the airport’s traffic and connectivity.

Vinci Airports awarded a €262m contract to Greek construction company GEK Terna in January this year for the construction and refurbishment of Belgrade’s Nikola Tesla airport.

The contract includes the construction of a new passenger terminal with a total surface area of 42,000m² and the modernisation of existing terminal facilities with a total area of 15,000m³.

GEK Terna will also be responsible for constructing a new 3,500m runway and upgrading the existing 3,400m runway.

Other works include the construction of curbside / sidewalk infrastructure, a new car park with 2,400 lots, and facilities for handling of departures and arrivals.