Serbian businessman ups Portorož Airport stake
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Serbian millionaire Miodrag Kostić has acquired a further 15.2% stake in Aerodrom Portorož, the operator of Portorož Airport, becoming the majority shareholder in the company with a 53.5% stake. The businessman acquired the shares from Luka Koper after purchasing stakes from Istabenz and Fraport Slovenia over the past two years. The remaining shareholders are the Piran Municipality (36.2%) and CPK (10.2%). Mr Kostić, who made his fortunes in the sugar industry, previously acquired the Kempinski Hotel in Portorož, as well as Gorenjska Banka, and is also seeking to buy Marina Portorož. The tycoon's company, the MK Group, previously said, "Portorož has the potential to further develop and increase the number of foreign visitors. That is why we want to develop both the airport and marina. We want to promote Portorož as a high-end destination and it is in our interest to boost the number of flights in order for the airport to work at full capacity". Portorož is the second busiest airport in the country but has no scheduled commercial flights. The lengthening of the airport's runway is seen as crucial for attracting new airlines.
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