Announcement of Important Fact

ELLAKTOR SA informs investors that the AKTOR SA - HELECTOR SA Consortium, the members of which are companies affiliated with it, signed a Contract regarding the project “Integrated System of Municipal Waste Treatment Facilities for Sofia Municipality - Design and Construction of a Facility for Mechanical-Biological Treatment (MBT) and generation of a Refuse Derived Fuel (RDF) (hereinafter “Project”), after a Public International Tender launched by the Municipality of Sofia. The Project is co-financed by the EU Cohesion Fund / Operational Program Environment 2007 – 2013.

The Project involves the design, construction, maintenance and operation of the Plant for the Mechanical-Biological Treatment of Waste of theMunicipalityofSofia, with a capacity of 410,000 t/year.

It should be noted that the project involves the technological implementation of the aerobic biological treatment (biodrying), which will be undertaken by the internationally acknowledged German company Herhof GmbH, provider of leading technologies for the management of waste with methods protected by patents and 100% affiliated with HELECTOR SA. 

The Project is expected to become a reference point at a European level, since it is one of the largest projects of this kind to be undertaken.

The total budget of the project amounts approximately to EUR 90 million, exclusive of VAT.  Construction will last 19 months in total. 

                                                                                Kifissia, 3/1/2014