Monday, June 6, 2016

Hahn Airport before Sell: maue balance of Chinese-Airports – Handelsblatt

airport

the owner, the Chinese link Global Logistics, is looking for a sustainable business model

(Photo: AP)

Hahn the Frankfurt Hahn used especially by the budget airline Ryanair airport is in Chinese hands. Rheinland-Pfalz sell its Airport-share of 82.5 percent for a low double-digit million euro amount to the company Shanghai Trading Yiqian, the state said on Monday. The buyer was active in the aviation, logistics and international trade.

The remaining 17.5 percent of the high-deficit Airport stops Hessen, which is still negotiating the sale of its shares, but also on the home straight looks. According to reports, it is about the same Chinese investor.



This German companies now include Chinese

  • Chinese companies are buying for several years in companies in Germany. The most recent example is the announcement by Midea, significantly increase the share of the robot manufacturer Kuka. Further acquisitions in the recent past:

  • id = “boxid_7053160_teaserid_7053162″>

    the concrete pumping world leader Sany Heavy Industry takes over in January 2012, the Swabian company for well 320 million Euro.

  • >

    the Beijing automotive Lingyun accepts 2012 the world market leader for car locking systems from Heiligenhaus (NRW)
    .

  • the Xuzhou Construction Machinery Group (XCMG) 2012 is majority-owned the Westphalian concrete pump manufacturer in April. The selling price of Herner company should be around 300 million euros.

  • 2012 increases the Chinese commercial vehicle producer Weichai Power a the forklift manufacturer Kion. The Chinese are buying initially for 467 million euros to 25 percent and increase Kion 2015 its stake to 38.25 percent. In addition, the investor will receive for 271 million euros a majority interest of 70 percent on the hydraulic division Kions.

  • The insolvent solar company Q-Cells agreed in June 2012 the sale of its subsidiary based in Bitterfeld-Wolfen at the Beijing Hanergy Holding Group.

  • The Konstanz-based PV Group went in 2012 at a bargain price to the Chinese solar giant LDK solar. But Sunways 2013 and 2014 respectively handed a file for bankruptcy. Parts of the company were sold as a result of the Chinese Solar Group Shunfeng.

  • the capital goods group ThyssenKrupp closes in 2013 the sale of its subsidiary to the Chinese steel company Wuhan Iron and steel (Wisco) from. Priced make both sides not have.

  • the Chinese company Avic Electro Mechanical Systems (Avicem) – a subsidiary of state-owned enterprise group Aviation Industry Corporation of China (Avic) – accepts 2014 Saxon automotive supplier. A purchase price is not disclosed.

  • = “boxid_7053160_teaserid_12815960″>

    Avic accepts 2014 EUR 473 million the German automotive supplier.

  • In January 2016 Onex sold the Munich manufacturer of special machines Krauss-Maffei to a consortium led by the state National Chemical Corporation (ChemChina). The largest chemical company in the country will pay 925 million euros for the traditional manufacturer of injection molding machines for the plastics and rubber processing.

  • Chinese Beijing Enterprises Holding buys in February 2016 waste Group EEW Energy from waste from Helmstedt for 1.438 billion euros. The seller is the Swedish investor EQT. EEW has 1050 employees by its own account. The 18 plants of the group can have about 4.7 million tonnes of waste to energy and eliminate environmentally friendly annually. The factories produce process steam for industrial plants, district heating for residential and electricity for the equivalent of approximately 700,000 households.

    • Shanghai Yiqian Trading announced on Monday a significant expansion of the freight business. One was talking to, also based in China cargo airline Yangtze River Express, so that they return to the airport, said the General Manager Yu Tao Chou. The airline had left the airport in Hunsrück 2015 and thus caused a massive slump in the freight business. Moreover, thinking aloud Chou more flights with perishable goods such as food. In the long term should also passenger business be strengthened, for example with offers for Asian tourists and in discussions with the Irish low cost airline and Hahn Ryanair users. Chou said: “I lost my heart to the airport Hahn.”

    Hahn is one of the former military airports in Germany, who have no viable business model found. One of the biggest problems is that the main users Ryanair years its range shrinks there and uses his aircraft prefer to major airports like Cologne. Previous years counted Hahn only 2.7 million passengers, ten years ago there were almost four million. By 2016, previously a deficit of around 16 million euros is expected.

    Hahn Airport is not the first regional airport, which goes into Chinese hands. But the record so far of Chinese investors in the German airport business is rather sobering. So the entrepreneur Chen Yongqiang had to Lübeck Airport taken in 2014 with his company Puren – accompanied by great hopes. Chen wanted to establish among other things a flight school in Lübeck and expand the Airport as a hub for medical tourism. None of this has been implemented.

    Last year Puren withdrew, the airport went bankrupt for the second time in September, 2015. Since then examined liquidator Klaus margins for a new investor. But the negotiations with potential interests dressed. As before, the airport’s future is uncertain, especially with the Wizz Air the last airline withdrew there in April and there is no scheduled operations in Lübeck.

    LikeTweet
    Posted by at

    No comments:

    Post a Comment

    Subscribe to: Post Comments (Atom)