State eyes exit from Brač Airport ownership
NEWS FLASH
The Croatian government is looking to sell its remaining 38.5% ownership stake in Brač Airport and has hired equity valuation consultants. The state is expected to announce its withdrawal from the airport’s ownership structure early next year and put its minority stake on sale through a public call. The majority shareholder, Sunce Hotels, with a 50.2% stake, is likely to snap up the government’s shares. Sunce Hotels is owned by the United Arab Emirates’ Eagle Hills Real Estate. Brač Airport handled 15.251 passengers during the first three quarters of the year.
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