VINCI Airports, operator of Belgrade Nikola Tesla Airport, has unveiled plans for expansion at the site, set to be worth more than €730 million.
The contract covers financing, operations, maintenance, renovation and expansion of the airport and its existing runway system, the goal being to increase the airport's capacity and to foster the economic development of Serbia.
VINCI Airports has made a commitment to open new medium and long-haul routes; improve passenger flow management; showcase the Serbian cultural heritage; and roll out AirPact, the VINCI Airports environmental policy, which includes wastewater management, waste management and development of solar energy.
Xavier Huillard, chairman and chief executive officer of VINCI, said: "VINCI is honoured to contribute to Serbia’s development and the strengthening of Franco-Serbian relations by improving air transport in the country."
Nicolas Notebaert, president of VINCI Airports and chief executive officer of VINCI Concessions, added: "Over the coming 25 years we will work closely with the Serbian authorities as a key partner of the country's economy. The goal of VINCI Airports is to make Belgrade the future hub in Southeast Europe."