Tirana Airport Partners Tirana International Airport “Nënë Tereza” 20 Year BOOT Concession
Welcome to Tirana International Airport 2005!
The Concession and the Company CHIEF EXECUTIVE OFFFICER COO ACCO CFO Business Development (SC&PM) STRATEGIC INVESTOR HOCHTIEF AirPort (47%) Financial Partner DEG (31.7 %), AAEF (21.3 %) ADMINISTRATIVE COUNCIL (4 members) Chairman of AC (HTA) PRIVATE INVESTORS GOVERNMENT OF ALBANIA Concession Agreement & Law
Milestones of the Concession COO 17 December 2002 Expression of Interest for BOOT Concession - Tirana International Airport“Nene Tereza” 3 March 2003 Submission of Expression of Interest (15 companies) May 2003 Prequalification of 4 Companies 15 January 2004 Declaration of the Preferred Bidder 16 February - 21 June 2004 Negotiations between GoA and TAP 15 October 2004 Signing of the Concession Agreement 23 April 2005 , 10:00 Commencement Date
Involved parties Ministry of Trans. & Telecom. Ministry of Economy Ministry of Finance Ministry of T. Adjust. & Tourism Ministry of Justice Ministry of Public Order Ministry of Defense Ministry of Foreign Affairs Parliament Tirana District Durres District Kruja District Nene Tereza SHA Presidency Center of Official Publications GDCA Bank of Albania Durres Municipality Tirana Municipality TAP HTA DEG AAEF HT ALPHA Bank ABA Bank City Bank Comm. Bank EBRD AIA Tonucci Trema Triss Kalo & Assoc. ICTS FM Supr. Durres Municipality General Directorate of Taxation General Directorate of Customs KPMG Del& Touch PWC DiWi Hin Tan More than 450 people gave their contribution for the Project Finalization Linklaters Sigal
Summary of the HTA led Acquisition Project
Concession Agreement 22 versions
Contracts including Concession Agreement 389 contracts
Initialled Pages approx. 10250 pages
Total of people involved:
GoA 150 representatives
TAP & Shareholders 150 (Albanian and foreign staff)
Others 150 (Albanian and foreign staff)
Altogether 10 nationalities
Tirana International Airport 2007! New Passenger Terminal New Cargo Terminal New Access Road New Car Parking Lots New Circulatory Roads New Perimeter Road New and Improved Infrastructure & Utilities
The First Day of TAP, 23 April as of 10:00
The Concession Agreement grants Tirana Airport Partners usufruct status and management of:
Ground handling concession
4 senior executives
10 local administration staff and
164 operations staff (63% of the earlier airport authority)
Total 178 Staff
Commencement of the Concession coincided with:
Start of summer season
Low cost Albanian airline start-up
UK DETR Security Ban
Elections leading to change of Government
Commercially Driven Management TAP accomplished A Paradigm Change!
TAP as an Employer (April 2005) New Structure New Standards + Know How Better Salaries New Management Style Confidence Fair Employer Improved working conditions New Image of Albania Participant of new develop. Team Player Commitment of TAP and HTA Feeling supported Employee Perception TAP Offer
“ Feel Comfortable, Enjoy the ArtPort” An ArtPort Lounge in an airport, not an Airport Lounge!
From Albania with Love! Employees
There are no small and big projects, only unique ones!
Concessions are complex projects and require integrity and understanding!
Start up Companies are not Established Companies
The Shareholding is in ALBANIA, ancient, warm and challenging!
Belonging to different cultures should not make a difference, but the difference.