Ariadne Airport Group
EIB signs 180 million euro loan to fund new Greek airport
The European Union's lending arm, the European Investment Bank (EIB), signed a 180-million-euro ($199.69 million) loan deal with Greece to help it pay its share for a new airport on Crete, the country's biggest island.
Greece has been upgrading its airport facilities to handle an increasing number of tourists visiting the country, one of the world's top holiday destinations.
National Bank to underwrite bond for new Crete airport
National Bank of Greece (NBG) will be the sole underwriter of a 161.1 million euro ($182.7 million) bond to finance contractor GEK Terna's participation in a Greek-Indian consortium that will build a new airport on the island of Crete, it said on Friday.
Greece signs concession for new Crete airport
Greece on Thursday signed a concession allowing a Greek-Indian consortium to build a new airport on Crete, its biggest island.
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Indian-Greek venture to start work on new Crete airport next year, says source
A Greek-Indian consortium has been awarded the contract to build a new airport on the island of Crete, a consortium official said on Friday.
Ariadne Airport Group, a joint venture between India's GMR Airports and Greek contractor GEK Terna, was the preferred bidder for the 850 million euro project and will begin construction at the start of next year.