f.pier
Posts: 1405
Joined: Fri Aug 25, 2000 2:50 am

Frankfurt Airport

Wed Jul 18, 2001 9:13 pm

I need to know if Fraport AG, which manages Frankfurt am Main airport has been privatized or if it still public.
A few weeks ago I read on its site that its share belonged to the Federal Republic of Germany, to the City of Frankfurt and to the Federal state of Hesse. Now who do the shares belong to?
If it has been privatized, what percentage of the total shares have been sold to privates?
Thank you very much
 
SQ325
Posts: 1274
Joined: Wed Jul 18, 2001 7:54 pm

RE: Frankfurt Airport

Wed Jul 18, 2001 9:24 pm

The Republic of Germany holds 25,87%
Country of Hessen holds 45,24%
Stadtwerke Frankfurt am Main HoldingGMBH holds 28,89
These are the dates befor FRAPORT went to the stock exchange. How many % are now hold by private people i do not know, I try to figure that out.
 
SQ325
Posts: 1274
Joined: Wed Jul 18, 2001 7:54 pm

RE: Frankfurt Airport

Wed Jul 18, 2001 9:35 pm

Stadtwerke Frankfurt am Main together with the country of Hessen hold a minimum of 51% of the share.
Republic of Germany hold a minimum of 18% of the share. The rest is in hold of private people.
 
f.pier
Posts: 1405
Joined: Fri Aug 25, 2000 2:50 am

RE: Frankfurt Airport

Wed Jul 18, 2001 9:38 pm

Thank you VERY MUCH SQ, I've been looking for these data for a long while so at the end I decided to ask here and I think It's a good to ask here.
Stadtwerke Frankfurt is the City of Frankfurt?

 
SQ325
Posts: 1274
Joined: Wed Jul 18, 2001 7:54 pm

RE: Frankfurt Airport

Wed Jul 18, 2001 9:44 pm

Stadtwerke is something like Fraport for the Airport they run the busses, clean the streets they handle everything that has to do with the city of Frankfurt. Electricity they repare streets and all stuff like that.