The Head of the Chinese Company, which Won the Concession of Plovdiv Airport, has Passed Away

Obituaries | July 5, 2018, Thursday // 13:40|  views

Chinese tycoon Wang Jian, co-founder and chairman of the giant Chinese conglomerate HNA Group (Hainan Group), died after an incident in France, the company said on Wednesday. 57-year-old Wang Jian has fallen in Provence where he was on a business visit, the message said.

The Provence police said he had fallen from a wall 15 meters high in the village of Bonnieux while taking a photo. The businessman was part of a tourist group that looked at the Vaucluse area in Provence. "He stood on the brink of a wall to catch his family and take pictures together," says police chief Hubert Merriot, quoted by Reuters.

The police do not think his death is suspicious.

Wang has helped Hainan Group become one of the world's largest aviation, tourism, and finance companies. The company owns large stakes in Deutsche Bank, the Hilton chain, skyscrapers in London, and more than 400,000 people around the world work for the conglomerate. Hainan is currently selling some of its international assets to curb its domestic debt gained from rapid expansion in recent years, the BBC notes.

The Chinese company won the concession at Plovdiv Airport together with Plovdiv Airport Invest in March this year. The consortium has committed to investing 79 million euros for the 35-year concession. Subsequently, Hainan announced the intention to double the investment to 150 million euros.