Tender for the Award of Concession for Two Montenegrin Airports

Tender for the Award of Concession for Two Montenegrin Airports

September 2021

On 25 November 2019, the following companies expressed their interest. The total deal value is up to EUR 300 million. Four companies, out of seven initially applied, have been shortlisted for the second round of the tendering procedure:

  • Incheon International Airport Corporation from South Korea;
  • GMR from India;
  • Groupe ADP with TAV;
  • Corporacion America Airports from Luxemburg.

GMR has been eliminated from the process in the meantime because ADP recently acquired a 49% share in GMR.

The entire tendering procedure has been delayed several times until now. The latest change of deadlines is due to complaints submitted by contenders that have not been shortlisted for the second round.

The latest: The tender commission sent a letter to potential bidders, in order to organize a meeting with them at the end of September. This may be a sign of the intention to proceed with the award of concession.

September 2021

On 25 November 2019, the following companies expressed their interest. The total deal value is up to EUR 300 million. Four companies, out of seven initially applied, have been shortlisted for the second round of the tendering procedure:

  • Incheon International Airport Corporation from South Korea;
  • GMR from India;
  • Groupe ADP with TAV;
  • Corporacion America Airports from Luxemburg.

GMR has been eliminated from the process in the meantime because ADP recently acquired a 49% share in GMR.

The entire tendering procedure has been delayed several times until now. The latest change of deadlines is due to complaints submitted by contenders that have not been shortlisted for the second round.

The latest: The tender commission sent a letter to potential bidders, in order to organize a meeting with them at the end of September. This may be a sign of the intention to proceed with the award of concession.