29.03.2016 18:13:48
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EANS-Adhoc: Flughafen Wien AG / Ad-hoc information from Flughafen Wien AG on the ongoing terminal expansion and renovation concept
=------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------------
other/terminal expansion and renovation concept / CAPEX 29.03.2016
Today's meeting of the Supervisory Board of Flughafen Wien AG approved the planning budget for the ongoing terminal expansion and renovation concept valid until the year 2023.The total authorised planning sum amounts to about EUR 39 million. The project provides a good overall profitability, and a rough preliminary cost estimate forecasts probable total project costs of a maximum of EUR 500 million which will be incurred up until the year 2023.
end of ad-hoc-announcement ================================================================================ Details on the planned projects will be announced at a press conference scheduled for Monday April 4, 2016, for which a separate invitation will be sent out.
end of announcement euro adhoc =-------------------------------------------------------------------------------
(END) Dow Jones Newswires
March 29, 2016 11:43 ET (15:43 GMT)- - 11 43 AM EDT 03-29-16
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