Press Releases

Press Releases

SJSC Riga International Airport Tender awarded to TAV Airports & Skonto Buve Ltd.

A consortium comprised of TAV Airports and Skonto Buve Ltd, one of Latvia's leading construction companies, has been awarded the tender to develop the infrastructure and to operate the Latvian capital city Riga International Airport, the Baltic Region's fastest growing airport in terms of numbers of passengers.   

TAV Airports Holding, a global corporation working in the field of airport operations, has now lent its signature to another significant success as it has signed off on a tender to develop the infrastructure and to operate the airport in Latvia's capital city of Riga, the SJSC Riga International Airport, the Baltic Region's fastest growing airport in terms of passenger numbers.  The Latvian government announced the results of the tender, awarding equal (50%-50%) parts to a consortium comprised of TAV Airports Holding and the Latvia based construction company, Skonto Buve Ltd.

TAV Airports Holding CEO & President M. Sani Şener, “Operating an airport located in the capital city of a European Union country will accelerate TAV Airports development as it gains even more proximity to international marketplace financing, technology, know-how and human resources. The proof of TAV Airports superiority over its competitors in this tender lies in the fact that it has developed in a manner that differs greatly from its competitors, which is evident in the organizational structure of its airport operations and its service-providing companies.

Şener, “In this difficult economic climate the world finds itself in, we have emerged highly successful in a project that we have been following for a long period of time. This project marks a very positive start to the year 2009. In 2008 the SJSC Riga International Airport served 3.7 million passengers, a figure that ranks as a 39% increase over the numbers of passengers served during 2003 – 2008. Our intent now is to transform this airport, which geographically is the last point in Europe, to a transit center that serves as a bridge between Northeastern Europe and Asia and one that is characterized as being a “regional hub.”   

Şener went on to say that being successful in these kinds of tenders requires in-depth knowledge of all aspects of the many different kinds of work and responsibilities inherent in airport operations and that TAV's valuable theoretical and practical information capital was advantageous to the winning of this tender. 

Immediately upon the completion of talks and the signing of the tender contract for the assumption of operational rights of the SJSC Riga International Airport and upon the completion of investment planning and project design, the investment operations are scheduled to begin in the summer of 2010.

Contract bids for this tender, which includes both infrastructure development and operational rights to the SJSC Riga International Airport, were submitted by companies that rank as leaders in this field, including Hochtief (Germany), AERIX Consortium (Aecon Concessions, Africa Israel Investments Ltd., AFI Europe N.V., Morgan Stanley Infrastructure Inc. and SAVE Aeroporto di Venezia Marco Polo S.p.A). Ranking in first place among these bidders, TAV Airports Holding was chosen to provide the modernization work, which includes the technical infrastructure of the SJSC Riga International Airport.

In Turkey, TAV Airports Holding, an international player in the field of airport operations in the Middle East, North Africa and the Caucasus, operates the domestic and international terminals of the Istanbul Ataturk and the Ankara Esenboğa airports, along with the international terminal of the Izmir Adnan Menderes Airport.  Overseas it operates the Tiflis and Batum airports in Georgia and the Monastir Habib Bourguiba International Airport in Tunisia.  It also holds operational rights to the Antalya Gazipaşa Airport in Turkey and to the Enfidha-Hammamet Airport in Tunisia, the Alexander the Great Airport in the Macedonian capital of Skopje and the St. Paul the Apostle International Airport in Ohrid. It also has options on the operations of the new cargo airport it is currently constructing in the city of Shtip in Macedonia.