Modlin Airport shares for sale

The authorities of the Mazowieckie Voivodship have decided to invite potential investors to buy shares in the raised equity of the Modlin Airport near Warsaw, Dziennik Gazeta Prawna reported. “We are almost out of EU funding and we have to expand the terminal and finish work on the runway and the airport apron,” Marek Miesztalski, the voivodship treasurer and head of the airport’s supervisory board, told the daily. “In November, we will invite investors to file offers for stake in the airport’s increased capital,” he explained. He added that the new investors would most likely acquire an up to 20-percent stake for some PLN 100-150 million. The European Investment Bank, the European Bank for Reconstruction and Development and Merril Lynch could be interested in buying the airport new shares, the daily wrote.