Hellenic Duty Free Shops and Fraport Greece have signed a 30-year contract covering 14 Greek airports.

 Both companies say that they also envisage an important expansion of the current retail space resulting in more than a doubling of the current shop area of 5,000sq m to more than 12,000sq m.

 

The two companies said today that this new agreement will take effect upon the commencement date of the concession agreement between the Greek State and Fraport Greece, which has been awarded the operation of several Greek airports.

 

 AIRPORTS INCLUDED IN THE NEW AGREEMENT

These include Thessaloniki (SKG), Aktion (PVK), Mykonos (JMK) Zakynthos (ZTH), Kavala (KVA), Corfu (CFU), Kefalonia (EFL), Kos (KGS), Lesvos (MJT), Rhodes (RHO), Samos (SMI), Santorini (JTR), Skiathos (JSI) and Chania (CHQ).

 

Dufry adds that this new agreement also adds considerable landside floor space, with the expansion and improvement of the retail spaces scheduled to commence this year, with completion in 2021.

 

Commenting on this new agreement, George Vilos, Executive Director of Commercial & Business Development of Fraport Greece stated: “The 14 airports are gateways to some of the most important Greek and world famous destinations.

 

“Fraport Greece’s investment plan for the development of the 14 airports includes a significant increase in commercial areas, as well as the improvement of the passengers’ overall travel experience.

 

A ‘VALUABLE PARTNER’

“Thus, the airports will respond to the expected increase in traffic and offer an experience equivalent to the value and image of the destinations. Towards achieving these goals, the Hellenic Duty Free Shops are a valuable partner.”

 

Adding his comments, Giorgos Velentzas, Managing Director of Hellenic Duty Free Shops, stated: “We are thrilled to partner with Fraport Greece on their goal to bring customer service at 14 airports to another level.

 

“The year-long presence of Hellenic Duty Free Shops in the Greek travel retail sector and our experience of the needs of the travelers in our country, combined with the know-how of Dufry, make us the ideal partners for Fraport Greece and their plans to upgrade the facilities and the commercial spaces of the airports.

 

DIAZ ‘PROUD’ OF LATEST TRUST IN DUFRY

“We are jointly planning the development of the airport’s retail areas aiming at significantly expand our shops to provide travellers with a completely new shopping and service experience.

 

“By introducing state-of-the-art retail concepts and shop designs we will increase the visibility of Greek products and provide a distinctive sense of place thus promoting the Greek culture throughout the world.”

 

Julian Diaz, CEO Dufry said: “I am very proud to announce this important extension agreement in one of the world’s most important tourist destinations and I would like to thank Fraport Greece for the trust in Dufry.

 

“This agreement fosters our long-standing cooperation and excellent relationship with Fraport, which spans across successful partnerships and operations in many countries around the globe.”