ELLAKTOR S.A.

Announcement of Important Fact

The company ELLAKTOR hereby announces to investors that its subsidiary AKTOR, as the Leader of the Partnership AKTOR S.A.-EUROCONSTRUCT TRADING'98 SRL (with a participation percentage of 51%) has signed the contract related to Lot 2 of the Motorway Sebes – Turda in Romania.

The contract is financed by the Cohesion Fund (85%) and the Romanian State (15%), through the Sectoral Operational Programme ‘Transport'.

The contractual amount is 549 mil lei (approx. 122 mil €).
Key figures include:

  • Length 24.25 km
  • 2 traffic lanes and 1 emergency lane per direction
  • 1 Maintenance and Monitoring Centre
  • 1 interchange
  • 12 viaducts
  • 9 overpasses
  • 7 underpasses

The project duration is 22 months (4 months design and 18 months construction) and is due to be completed in September 2016.

This project enhances the presence of AKTOR in the Balkans and strengthens its strategic choice to become an internationally renowned construction power.

 

Kifisia, 27/11/2014

Announcement of Important Fact