TAV Havalimanlari Holding is an airport operation company based in Turkey. The Company's core businesses are related to the construction of terminal buildings, management and operation of terminals or airports. Under these agreements, the Company agrees to build or renovate or manage an airport or terminal within a specified period of time and in exchange receives the right to operate the airport and terminal for a preestablished period of time. At the end of the contracts, the Company will transfer the ownership of the terminal buildings or airports back to the related public authority. In addition, the Company enters into subsequent stand alone contracts for the operation of airports and terminals.
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