Airport deal
Premium Content
24 April 2008
A consortium led by Hochtief AirPort has signed an agreement to acquire UK airport operator, BAA's majority shareholding in Budapest Airport. BAA bought its 75% minus one share holding in the Hungarian airport in December for € 1,9 billion. However, the airport no longer fits with BAA's strategy following the its acquisition by Ferrovial, which intends to focus on its UK airports.
Hochtief AirPort, a wholly owned subsidiary of Hochtief has a 50% interest in the consortium, and its partners are Caisse de depot et placement du Québec and investment group KfW.
The case for electric construction equipment is now as much about productivity and business value as it is about sustainability
While excavators, loaders and TBMs dominate the spotlight, crawler aerial work platforms are quietly transforming how mining and tunnelling projects are built, maintained and operated.
KHL Content Studio’s Jon Abrahams on how a new identity may capture attention, but it’s understanding that builds trust