Chinese company takes over Tirana airport management

100% to China Everbrght Ltd. Oil field to another Chinese group

07 October, 17:40

    (ANSAmed) - TIRANA, OCTOBER 7 - Hong Kong-based China Everbright Limited company has taken over the management of Tirana's only international airport, named in honor of Mother Theresa.

    The Chinese company has acquired 100% of the shares of the Tirana International Airport (TIR), the company that bought management of the airport for 30 years in 2005. TIA is a consortium of the German AviAlliance GmbH group, the main investor holding 47% of the shares, the German DEG Deutsche Investitions-und Entwicklungsgesellschaft mbH, which holds 31.7% and an enterprise fund consisting of Albanian and US companies holding 21.3%. Last week another Chinese company acquired management rights for the largest oil field in Albania from the Canadian company Bankers Petroleum for 575 million dollars. Additional details on the TIA management rights acquisition have not been released. (ANSAmed).

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