The Board of Directors of GEK TERNA invites the Bondholders of KOD 2020 to a Meeting of Bondholders, on 27.06.2022, Monday, at 13:00 pm, which will be held by real-time video conference. The sole subject of the meeting is the provision of consent of the Bondholders for the use of net income from the sale […]
Tag: GEK TERNA
Within the next few days, Hard Rock in Athens for the casino of Elliniko
of Eleni Botas Within the next few days, Hard Rock executives are expected to arrive in Athens for the Elliniko casino. Are Hard Rock executives coming to the country after the recent signing of the concession between the Greek state and the “Athens IRC” consortium, which is jointly controlled by GEK TERNA, in the context […]
The contract for the Casino in Elliniko was signed
Signed today, June 8, 2022, between the Minister of Finance Mr. Christos Staikouras, as a representative of the Greek State, and the Athens IRC Concessionaire (MGGR LLC, MGE HELLINIKON BV and GEK TERNA SA Holdings, Real Estate, Construction), Concession Agreement for the operating license of the Casino Company (EKAZ) of a wide range of activities […]
GEK TERNA: Capital return of 0.12 euros per share – On June 28, the General Assembly
On Tuesday, June 28, 2022 at 12:00 p.m. The Ordinary General Assembly of GEK TERNA will be held with the BoD. of the company to propose a return of capital of 0.12 euros per share. In particular, as informed by the listed company, among others, the Board of Directors proposes to the Annual Ordinary General […]
GEK TERNA: The program for the purchase of own bonds starts from May 30
GEK TERNA announced that the BoD of the Company decided to start from 30/5/2022 a program for the purchase of own bonds issued under the Common Bond Loan Program from 1/12/2021 and the Common Bond Loan Program from 19/6/2020 and are traded in the category of Fixed Income Securities Buy on the Athens Stock Exchange, […]
How is the competition for the ‘steak’ of BOAK going?
By Eleni Botas The schedule for the auction of the “fillet” and a larger part of BOAK, Chania – Hersonissos with a total budget of 1.5 billion euros is suffocating. One of the important issues in order for the tender to proceed is to give the green light to its environmental licensing by RIS, with […]
Helikon Long Short Equity Fund Master ICAV with 5.01% in GEK Terna
GEK Terna informs that it has received a notification from the company Helikon Investments Limited, in its capacity as investment manager for the client of Helikon Long Short Equity Fund Master ICAV, that on 12/05/2022 there was a change (increase) in its voting rights as upper shareholder, which amounted to 5%. Specifically, the number of […]
G. Peristeris: The financing of the investment plan of € 6.5 billion is fully secured.
The investment plan of 6.5 billion euros already has secured as much equity as the required financing, a fact that allows the Group to proceed with its smooth implementation, assured the head of GEK TERNA, George Peristeris, during today’s teleconference with analysts, on the recently announced financial results for 2021. Regarding the repayment of the […]
GEK TERNA: Unfulfilled record at 4.9 billion euros
By Eleni Botas Significant revenues and high backlog are recorded by TERNA, the construction arm of the GEK TERNA Group. In particular, the outstanding balance of construction works of the Group at the end of the year 2021 amounted to approximately 2.5 billion euros, while new contracts amounting to 287 million euros have been signed […]
GEK TERNA: Eruption of profitability by 33% in 2021 – Investments over € 6.5 billion.
With a leaping increase in operating profitability by 33% to 323 million euros, the GEK TERNA Group completed in 2021, during which it saw its turnover reach 1.14 billion euros, while the total value of the Group’s investments jumped over 6.5 billion euros. In particular, as noted by GEK TERNA, the increase in turnover and […]