Ion Chicu

Moldova Moves to Take Airport Back Into State Ownership

Moldovan authorities on Monday said they were scrapping the concession agreement for Chisinau international airport and moving to take it back into state ownership.

The Prime Minister, Ion Chicu, said the government had started the procedure of declaring the concession holder, Avia Invest, insolvent, meaning the cancellation of the agreement.

Russian Billionaire Quits Ownership of Moldovan Airport

Russian billionaire Andrey Goncharenko, owner of a Gazprom subsidiary, on Tuesday, said he had given up his shares in Avia Invest, the company that has run Chisinau International Airport under a concession since 2013.

For years, the airport has been at the centre of controversies over its ownership and the legality of the concession awarded for the next 50 years.

Pages