NR Investments Ltd, a Guernsey, Channel Islands property investment vehicle formed in 2007, has agreed to acquire 95 percent of the concession company of Chisinau International Airport, the largest and sole international airport in Moldova. Agreement was ratified between representatives of Avia Invest LLC (“Avia Invest”) and NR Investments’ sole beneficiary, Nat Rothschild Aug. 19.
The operations and management of Chisinau International Airport transferred to a concessionaire - Avia Invest - in Nov., 2013, under a private-public partnership model, whereupon a three-stage investment program was determined over six years. During that time Avia Invest has overseen a full modernization of the airport, including a smart new passenger terminal, runway and apron modernization, multi-level car park and other enhancements to airport infrastructure.
Avia Invest has also successfully marketed the airport, which sits at the crossroads of the passenger flows between Asia and Europe, attracting new full service and low-cost carriers. Sixteen airlines currently include the airport in their networks, serving 38-strong destinations, including London, Dublin, Paris, Istanbul and Moscow.
