By Eleni Bota ELLAKTOR Group’s recovery in the construction industry continues, despite the challenges that continue to plague the industry with rising construction material prices, with subsidiary AKTOR focusing on taking on profitable projects in both Greece and Romania. In the first half of the current fiscal year, it signed contracts with a total value […]
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Ellaktor: 134% jump in EBITDA to 117 million euros in the six months
The Ellactor Group completed the first half of the year with a strong improvement in its figures at almost all levels, during which it presented a jump in EBITDA by 134% to 117 million euros and a sales increase of 22% to 479 million euros. In particular, as announced by Ellactor, in the basic financial […]
Ellaktor: Green light from the G.S. in the deal with Motor Oil for RES
The General Assembly of Ellaktor’s shareholders, which met on August 25, approved the transfer to Motor Oil of 75% of the company’s Renewable Energy Sources sector. At the same time, he proceeded to redefine the nature and composition of the Audit Committee. More specifically, based on the corporate announcement, G.S. decided: “Approval of the transaction […]
The establishment of the new company by Motor Oil and Ellaktor is progressing
The sudden passing of the 10-day deadline for the company’s shareholders to exercise the right to convene a General Assembly regarding the provision of a special license regarding the agreement with Ellactor in the RES sector, Motor Oil announced in a statement. In particular, the listed company states that the ten-day deadline provided by article […]
Motor Oil: On 8/9 the EGS for the acquisition of 75% of the RES sector of Ellactor
An Extraordinary General Meeting of the shareholders of Motor Oil will be held on September 8, Thursday, with the sole item on the agenda being the approval of the transaction for the acquisition by the company of 75% of the Renewable Energy Sources branch of Ellactor from the 100% subsidiary under the name Motor Oil […]
The RES market moves at the pace of deals
By Haris Fludopoulos The domestic green energy market has been moving at the pace of deals lately, as four major transactions have been completed within a few weeks, with the total value of the agreements exceeding 1.2 billion euros. The main characteristic of these deals is that traditional and large players in the energy market […]
Ellaktor: At 61.08% the total percentage of Reggeborgh
Reggeborgh’s stake in Ellactor now stands at 61.0814%, after the end of the optional public offer it submitted in May. More specifically, based on the corporate announcement, “the company ELLAKTOR SA (hereinafter the “Company” and/or “Issuer”) announces an update, in accordance with the provisions of Law 3556/2007, which it received on 05.08.2022 from its shareholders […]
Motor Oil: The Board of Directors approved the agreement with Ellactor for the RES portfolio
The Board of Directors of Motor Oil, at its meeting of August 4, 2022, granted special permission for its subsidiary, MORE, to acquire 75% of the share capital of a company that will be established and will have as assets the portfolio of Renewable Sources Energy (RES) of ELLAKTOR, with a total capacity of 493 […]
Ellaktor: ‘Green light’ from D.S. for the deal with Motor Oil – Extraordinary G.S. on 25/8
The “green light” for the deal with Motor Oil was given by Ellactor’s board of directors during yesterday’s meeting. In particular, as announced by the listed company, during the meeting of its Board of Directors on 01.08.2022, the following were decided: I. The granting, in accordance with the provisions of articles 99, 100 and 101 […]
The six movements – milestones of Reggeborgh in Ellaktor
By Eleni Bota With six major moves within 19 months, the Dutch of Reggeborgh managed to change the course of the ELLAKTOR Group, overcoming the problems of the past, putting it back on a strong growth trajectory. After all, this was the goal of the new management of the Group when it took over the […]