The Fund for the Utilization of Private Property of the State, a member company of the Superfund (EESYP), announced that four interested parties submitted Expressions of Interest for the Sub-grant of the Right to build, operate, manage, maintain and operate the Corfu Marina Port (Corfu). In particular, the following (in alphabetical order) showed interest: Association […]
Tag: Άβαξ
AVAX: Examines the sale of non-core assets
By Eleni Botas The sale of non-core assets to ensure liquidity in order to implement PPP projects, concessions, etc. examined by the management of AVAX. As stated by the Group’s management during yesterday’s Ordinary General Meeting, at this stage it is not considering the possibility of increasing its share capital or issuing a bond (as […]
The next steps for Elliniko after the signing of the contract for the casino
By Eleni Botas The regeneration of Elliniko is in full swing, which is proceeding according to the schedules. After the signing of the casino concession agreement by GEK TERNA, the infrastructure projects of the first phase of Elliniko, with a total budget of 250-300 million euros (out of the total of 500 million euros), which […]
What does the sale of Volterra mean for AVAX?
Significant profits but also focus on new activities with attractive returns, marks the sale of Volterra RES portfolio to PPC Renewables by AVAX. According to the management of the construction group, “in order to maximize the benefit of its shareholders, the AVAX Group has as a regular practice the disinvestment with attractive valuations from mature […]
Volterra’s portfolio of projects is renewable at PPC
The agreement for the purchase of a portfolio of renewable energy sources (RES) with a total capacity of 112MW by Volterra, was announced by PPC. In particular, based on the agreement between PPC and AVAX, Volterra parent company, PPC Renewables will acquire wind farms with a total capacity of 69.7MW in Etoloakarnania and Boeotia, a […]
Serious problems in the electricity supply market
Of Thanks to Floudopoulos Yesterday, in the context of the results of the Avax group, the company made the first official report on the process it has started for the sale of its subsidiary in the power supply sector, the company Volterra. According to the management of the Avax group, which are indicative of the […]
Avax: 28% increase in turnover, to € 51 million EBITDA
The consolidated turnover of the AVAX Group increased by 28% from continuing operations in 2021 and amounted to € 592.2 million while EBITDA from continuing operations amounted to € 51.0 million from € 62.3 million in the previous year. as announced today by the listed company. The group notes that 2021 was “a year of […]
Contract of the AVAX – AKTOR – ERGOTEM consortium with EYDAP for Psyttalia
AVAX SA announced today that it participates in the consortium which signed a contract with EYDAP for the Operation & Maintenance of the Psyttalia Wastewater Treatment Center (KELD). The contract has a value of € 174.9 million (including VAT) and a duration of 5 years, with an option for its annual extension (worth € 34.3 […]
AVAX Group: Protagonist in the new major projects that upgrade the lives of citizens
The AVAX Group continues its dynamic course and presents the new signed or to be signed projects that will change the movements and the quality of life of the citizens. With these projects, the Group’s outstanding amounts to more than 2.25 billion euros (before VAT). One of the most emblematic projects undertaken by the Group […]
ERGOSE: The contract for the assignment of the signaling project on the line Thessaloniki – Eidomeni was signed
ERGOSE’s planning for the implementation of key infrastructures that upgrade the country’s railway network is progressing with steady steps. Today, with the signing of the relevant contract, the major signaling project on the railway line “Thessaloniki – Eidomeni” enters the implementation process. Specifically, the project contract was signed for the installation of a modern signaling […]