Ellaktor

Ellaktor S.A.
Eλλακτωρ A.E.
Company type	Anonymi Etairia
Traded as	Athex: ELLAKTOR
Industry	Construction, energy, mining
Founded	1977
Headquarters	Nea Kifissia, Greece
Key people	Georgios Mylonogiannis (Chairman); Efthimios Bouloutas (CEO)
Services	Infrastructure construction; road construction and operation concessions; waste management; electricity generation; renewable energy; real estate investment
Revenue	€1.040 billion (2022)
Net income	€518.6 miilion (2022)
Owner	Reggeborgh Invest B.V (46.16%); Motor Oil Hellas (29.87%)
Number of employees	7,500 (2022)
Website	en.ellaktor.gr

Last updated March 19, 2024

ELLAKTOR Group is the largest infrastructure group in Greece and one of the leading in Southeastern Europe, with an international presence and a diversified portfolio of activities, focusing on construction, concessions, environment, renewable energy and real estate development.

21 years after the triple merger of Elliniki Technodomiki, AKTOR and TEV that created ELLAKTOR, the Group is redefined by setting modern corporate governance as a cornerstone and by giving priority to enhancing Group operations, to reorganizing capital structure and to further capitalizing on synergies, in order to provide increased added value to its shareholders, its employees and the Greek economy.

ELLAKTOR Group is among the top 100 global manufacturing groups (Global Powers of Construction 2020, Deloitte-July 21).

Historic Milestones

ELLAKTOR Group combines 70 years of experience, as it is the product of a merger of three large and historic construction companies of Greece, the Volos Engineering Company (TEB), founded in 1949, Elliniki Technodomiki, founded in 1955 and AKTOR, which started its operation in 1977.

The process which led to the creation of ELLAKTOR Group began in 1999 and was completed in 2002, with the absorption of the construction branches of ELLINIKI TECHNODOMIKI S.A. and TEB S.A. by AKTOR S.A., followed by the merger of ELLINIKI TECHNODOMIKI S.A. and TEB S.A. This process resulted in the Group’s parent company ELLINIKI TECHNODOMIKI – TEB S.A., which, in 2008 was renamed ELLAKTOR SOCIETE ANONYME with the trade name ELLAKTOR S.A.

As a result of the rapid growth of the construction sector in Greece in the late 1990s and the trend of mergers and acquisitions that prevailed to enable the creation of strong Infrastructure Groups having the financial and engineering capacity to respond to the high demand for new infrastructure projects during the 2000s, other construction companies joined ELLAKTOR Group through mergers and acquisitions, including TOMI S.A., KASTOR S.A. and PANTEHNIKI S.A.

Already from early 2000 the Group started diversifying its activities, expanding beyond the until then purely construction activity, in areas like real estate development, concessions, waste management and wind parks, through the establishment, acquisition or absorption of respective companies (AKTOR CONCESSIONS S.A., HELECTOR S.A. EL.TECH. ANEMOS S.A.).

During the same period, the Group also expanded its activities beyond the Greek borders with the establishment of subsidiaries and branches in Southeast Europe and the Middle East.

Group Companies

Related Research Articles

Eurobank is a financial organisation that operates in Greece, Cyprus, Luxembourg, Bulgaria and the UK. As of December 2018, the Eurobank Group counts, €58 billion in assets, 653 customer service locations in Greece and abroad, and 13,162 employees.

Mundys SpA is an Italian holding company active in the motorway and airport infrastructure and mobility-related services industry, operating tolling services in 24 countries, including 11 for motorway and airport infrastructure concessions.

WIND Hellas was a Greek integrated telecommunications provider with headquarters in Athens, Greece.

<span class="mw-page-title-main">Brisa – Auto-estradas de Portugal</span>

Brisa – Auto-estradas de Portugal, S.A. is a Portugal-based international transportation company. The group's largest business area is highway management, in which it is the largest concessionaire in its home country. Founded in 1972 by Jorge de Brito, Brisa also has operations in countries including the United States and the Netherlands. Since 2000 Brisa's largest shareholder has been the investment company Grupo José de Mello, which owns over 30% of its stock through subsidiaries. The Spanish infrastructure company Abertis holds around 15% of the firm. The company is listed on the Lisbon Stock Exchange and is a constituent of the benchmark PSI-20 and Euronext 100 indices. Its current CEO is António Pires de Lima.

AVAX Group is one of the oldest and largest construction groups in Greece. It is mainly active in the field of constructions, concessions and real estate development, in Greece and international markets. AVAX Group has been listed on the Athens Stock Exchange, since 1994 and the projects it has undertaken to execute, currently amount to 2.2 billion Euros. Some prominent projects of the group are Attiki Odos, Athens Metro, Rio Antirrio Bridge and The Mall Athens.

Public Gas Corporation of Greece A.E. commonly known for its Greek abbreviation DEPA is the natural gas supply company of Greece. The registered office of the company is based in Irakleio, Athens. It operates within the jurisdiction of the Ministry of Development. The current chairman is Ioannis Papadopoulos while Konstantinos Xifaras serves as CEO. In 2005, in order to liberalise the natural gas market, DESFA was created as a fully owned subsidiary to transport natural gas within Greece. Since then, DEPA sells gas to large consumers and to the gas supply companies. Natural gas is imported by pipelines from Bulgaria and Turkey and by liquefied natural gas at the Revithoussa LNG Terminal.

Metka is the business unit of the Greek company Mytilineos S.A., undertaking the construction of large-scale projects in the sectors of energy, infrastructure and defence.

Teixeira Duarte, S.A. is the company that leads a large conglomerate with more than 11,000 workers, present in 22 countries, in 6 activity sectors, achieving in 2019 a turnover of 877 million Euros.

Engie SA is a French multinational utility company, with its headquarters in La Défense, Courbevoie, which operates in the fields of electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It is active in both upstream and downstream activities.

<span class="mw-page-title-main">Mota-Engil</span> Portuguese group

Mota-Engil is a Portuguese group in the sectors of civil construction, public works, port operations, waste, water, and logistics. The chairman of the board of directors is António Mota and Gonçalo Moura Martins is the company's CEO. Jorge Coelho led the group's Executive Committee from 2008 to 2013 and was a consultant in Mota-Engil's Strategic Advisory Council.

<span class="mw-page-title-main">IJM Corporation</span>

IJM Corporation Berhad is one of Malaysia's leading conglomerates and is listed on the Main Market of Bursa Malaysia Securities Berhad. Its core business activities encompass construction, property development, manufacturing and quarrying, Infrastructure concessions and plantations. Headquartered in Selangor, Malaysia, IJM's regional aspirations have seen it establish a growing presence in neighbouring developing markets with operations presently spanning 10 countries, with primary focus in Malaysia, Singapore, Australia, United Arab Emirates, China, Indonesia and India.

Amey plc, previously known as Amey Ltd and Amey Roadstone Construction, is a United Kingdom-based infrastructure support service provider.

COMSA Corporación is a Spanish global group focused on infrastructure development, industrial engineering and services, whose main business historically has been railway infrastructure work. The corporation is headquartered in Barcelona, Catalonia.

<span class="mw-page-title-main">Maire Tecnimont</span> Company in Milan, Italy

MAIRE is a company listed on the Milan Stock Exchange.

CFE is a Belgian company with interested in real estate development, construction & renovation, engineering and investments.

Murray & Roberts Holdings Ltd. is a South African-based engineering and mining contractor. It is listed on the JSE Securities Exchange. The Group delivers its capabilities into three global primary market sectors the resources, industrial, energy, water and specialised infrastructure market sectors.

Arcadis NV is a global design, engineering and management consulting company based in the Zuidas, Amsterdam, Netherlands. It currently operates in excess of 350 offices across 40 countries. The company is a member of the Next 150 index.

The Hellenic Republic Asset Development Fund S.A. or TAIPED is a direct subsidiary of the Hellenic Corporation of Assets and Participations. HRADF exploits the assets of Greece that have been assigned to it and manages the implementation of the privatization program in Greece, and in specific, the implementation of the Asset Development Plan "ADP."

Kasteli Airport is a military airport located 39 km (24 mi) south-east of Heraklion, in Kasteli on the Greek island of Crete. It started operating in 1940 and it now has a single runway with a length of 2,991 m (9,813 ft). The airport is used by F-16 Fighting Falcon fighter aircraft of the Hellenic Air Force's 133 Combat Group. The Ariadne Airport Group consortium, consisting of the GEK Terna in partnership with the Indian GMR Group has been selected to develop, operate and manage a new international airport on this site as a replacement for the existing Heraklion International Airport. The new Kasteli International Airport is due to open by 2027.

Tripsta S.A. is the parent company of tripsta, airtickets and travelplanet24, online travel agencies that provide transportation services—including airlines, ferry and train - through their websites.

References

External links

Official website

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

[1] ttps://www.newsit.gr/megales-epixeiriseis/ellaktor-isxyra-megethi-kerdoforias-to-2022-sta-2-9-dis-eyro-to-anektelesto-ypoloipo-ti-dilonei-o-CEO-eyth-mpouloutas/3745309/

[2] ttps://www.newsit.gr/megales-epixeiriseis/ellaktor-isxyra-megethi-kerdoforias-to-2022-sta-2-9-dis-eyro-to-anektelesto-ypoloipo-ti-dilonei-o-CEO-eyth-mpouloutas/3745309/

[3] "Profile - athexgroup.gr".

[1]

[2]

[3]