19 Sep 2008

Tallinn airport has been renewed

On 19 September, the Tallinn Airport, Tallinna Lennujaam, in Estonia was opened after an extensive renovation.

The airport has invested in expanding its operational capacity and ensuring flight safety in compliance with EU and international regulations. The airport passenger terminal, expanded by 14,000 square metres, now has seven new and two reconstructed passenger bridges and a gallery enabling two-level traffic for international passengers.

“For NIB, this is an important milestone in supporting Estonia’s regional competitiveness in Europe, as a modernised gateway will make the country even more attractive to business and as a leisure destination. This is also the largest airport infrastructure development project NIB has financed in its eight member countries,” says NIB Vice-President Gunnar Okk.

The agreement for a EUR 32 million 11-year-maturity loan to the Tallinn Airport was signed in January 2007. NIB provided the loan in cooperation with SEB Eesti (2/3 and 1/3 respectively).

See also Tallinn Airport’s press release.