Cyprus Watchdog May Challenge Hermes Airports, Inbusiness Says

Cyprus’s competition watchdog a few weeks ago opened an investigation into the operations of the country’s two international airports, Inbusiness.com reported today, without citing anyone.

If the Commission for the Protection of Competition establishes that Hermes Airports, which has a build-operate- transfer contract with the government until 2031, violates competition rules, it may force the company to sell operations at one of the airports, the Nicosia-based economic website said.

To contact the reporter on this story: Stelios Orphanides through the Athens office at sorphanides@bloomberg.net

To contact the editor responsible for this story: John Fraher at jfraher@bloomberg.net

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