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 […]
Tag: Reds
Reds: Public offer for all shares from RB Ellaktor Holding
Reds AE, with its announcement, informs the investing public that on 19.08.2022 it received information from the legal entity RB ELLAKTOR HOLDING BV, a 100% subsidiary of REGGEBORGH INVEST BV, to submit a mandatory public offer to all shareholders holding common, registered , after voting shares of REDS S.A. The price of the public offer […]
ELLAKTOR: Presents a new strategic plan within 2022
of Eleni Botas The new three-year strategic plan is expected to be presented in the last quarter of 2022, by the board of directors of the ELLAKTOR Group, a key element of which will be its future capital structure. As mentioned in her newsletter optional public offer for the acquisition of all ELLAKTOR shares by […]
Reds: Increase profitability and turnover in 2021
With a significant increase in its size, Reds completed in 2021 and the company’s management to emphasize that its performance seals the return to growth. Detailed financial figures of Reds: – The Group’s Turnover in the year 2021 amounted to € 7.5 million, an increase of 14.6%, compared to the year 2020. – Significant increase […]
Marina Alimou: Seven months delay for the JMC of building permits
By Eleni Botas There are delays in the issuance of Joint Ministerial Decisions in order to proceed with the issuance of construction permits in Marina Alimou. It should be noted that on June 30, 2021, Reds submitted the master plan and since then is waiting for the JMC in order to proceed with the issuance […]
What will the master plan for Mikro Elliniko include?
By Eleni Botas The Reds of the Ellactor Group are currently preparing the master plan for the extension of the former American base in Gournes, Heraklion, which has been declared the highest bidder with a bid of 40.2 million euros in the electronic auction held by the HRDH. The plan for Gournes under consideration is […]
Gazi for the casino license in Crete is pressed by EEEP
The works for the location of the casino on the property in Gournes, Heraklion, Crete, which will be transferred to REDS after a tender of the HRDH, begin immediately. The preparation of the competition for the casino license in Crete has started the Committee of Supervision and Control of Games (EEEP), with the aim of […]
How Reds will finance the project in Gournes
By Eleni Botas From the own funds and without resorting to other forms of borrowing, the price of the acquisition of the area of ​​the former American base in Gournes, Heraklion, will be paid by the Reds. According to information, the subsidiary of the ELLAKTOR Group, which won the relevant tender of the HRDH with […]
The official announcement of the Reds for the ‘little Greek’
The Reds, a member of the Ellactor Group, made an official announcement for its promotion as a bidder in the HRDH tender for the utilization of part of the former American base in Gournes, Heraklion, Crete, the “little Greek”. As it states, “the societe anonyme with the name” REDS REAL ESTATE DEVELOPMENT & SERVICES “and […]
The benefits for ELLAKTOR from the contract for ‘Mikro Elliniko’
By Eleni Botas The ELLAKTOR Group is reaping significant benefits from the contract for the fillet of the former American base in Gournes, Heraklion, where the REDS subsidiary won the relevant HRDH tender yesterday. With this contract, ELLAKTOR, which owns 55.4% of REDS, includes in its portfolio one of the largest projects to be constructed […]