The Romanian government has approved the direct purchase of Fondul Proprietatea\u2019s 20% stake in Compania Na\u021bional\u0103 Aeroporturi Bucure\u0219ti (or CNAB), the company that operates Bucharest’s Henri Coand\u0103 Airport and the B\u0103neasa Airport.<\/p>\n
The purchase was approved on Friday, January 9, by the General Meeting of Shareholders of CNAB. The state already owns 80% of the company through the Transport Ministry, while Franklin Templeton International Services, the administrator of Fondul Proprietatea (BVB: FP), owned a minority stake.\u00a0<\/p>\n
CNAB is valued at roughly RON 5 billion (EUR 1 billion). In 2024, the company reported operational revenues of RON 1.3 billion and a net profit of RON 609 million, with approximately 1,400 employees.<\/p>\n
The company is set to carry out huge airport infrastructure projects in the coming period, such as the construction of a new terminal and the modernization of a runway at the Henri Coand\u0103 Airport.\u00a0In addition, Aeroporturi Bucure\u0219ti intends to build a new terminal at B\u0103neasa Airport, and the strategy has been approved by the government.<\/p>\n
At the beginning of December 2025, the Romanian state announced its intention to take full control of Compania Na\u0163ional\u0103 Aeroporturi Bucure\u015fti. At that time, Fondul Proprietatea issued a statement to the Stock Exchange saying that it had not been consulted regarding the state\u2019s intention to buy its stake, according to Economedia<\/a>.<\/p>\n In a previous shareholders\u2019 meeting, Compania Na\u021bional\u0103 Aeroporturi Bucure\u0219ti was blocked on its path toward listing on the Bucharest Stock Exchange. The Ministry of Transport is the largest shareholder (80%), so the decision was made by the institution. At that time, FP stated that failure to achieve this objective would likely lead to significant delays and increased costs for a potential CNAB listing.<\/p>\n