News & Analysis

Vinci launches first stage of Belgrade airport upgrade

French airport operator Vinci has launched the first stage of an ambitious expansion programme for Nikola Tesla Airport in the Serb capital Belgrade.

The launch ceremony was attended by French President Emmanuel Macron and his Serb counterpart Aleksandar Vučić, as well as Vinci chairman Xavier Huillard and the company’s concessions CEO Nicolas Notebaert.

“Vinci is honoured to contribute to Serbia’s development and the strengthening of Franco-Serbian relations by improving air transport in the country,” said Mr Huillard.

In January 2018, Vinci Airports was awarded a 25-year concession to run Belgrade Airport in lieu of a one-time concession fee of 501 million euros. The contract includes the financing, maintenance, renovation, operations, and expansion of the airport and its existing runway system.

Vinci Airports has agreed to invest another 730 million euros in new infrastructure, as well as upgrading the existing airport terminal and runways.

In the first half of 2019, the number of passengers using the airport rose 5.9 per cent to 2.6 million.

“Over the coming 25 years we will work closely with the Serbian authorities as a key partner of the country’s economy. The goal of Vinci Airports is to make Belgrade the future hub of Southeast Europe,” added Mr Notebaert.