Difficult cooperation with Hahn main shareholder

The state of Hesse continues to have a great interest in selling its shares in Hahn Airport in Rhineland-Palatinate.

After the Frankfurt-Hahn GmbH filed for insolvency, the priority is currently on the common goal of continuing operations, said Hessian Finance Minister Michael Boddenberg (CDU) on Thursday in the budget committee of the Hessian state parliament in Wiesbaden.

Wiesbaden / Hahn - "National borders are irrelevant."

Hessen holds 17.5 percent of Flughafen Frankfurt-Hahn GmbH.

The large Chinese group HNA owns 82.5 percent.

In the summer of 2017, HNA acquired the shares from the state of Rhineland-Palatinate for around 15 million euros.

According to the Hessian State Secretary for Finance Martin Worms, the state of Hesse has invested a total of around 20 million euros in the company since 2004.

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An employee of the Hessian Ministry of Finance reported to the committee that the cooperation with the main shareholder HNA was sluggish to poor.

Inquiries were sometimes not answered at all.

When an extraordinary shareholders' meeting was called, the representatives of the main shareholder did not appear.

dpa