 "GMR")
GMR group has won the bid to develop and operate a greenfield airport in Greece giving a boost to its aviation business.
GMR has partnered Greek company GEK Terna to develop the airport at Heraklion on island of Crete. This will be the group's second overseas project (GMR runs Mactan Cebu project in Philippines. Earlier it ran airports in Turkey and Maldives) and the award win comes close on heels of a revival in its airport business.
"GMR will be the designated airport operator in the consortium and will hold minimum 10 per cent stake in the consortium. The rest of the
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