GEK TERNA S.A.
PURCHASE OF THE COMPANY ETADE S.A.
The management of the company TERNA S.A. (100% subsidiary of GEK TERNA S.A.) announces the close of the agreement with METKA S.A. for the purchase of the company "ETADE S.A." (100% subsidiary of METKA) at the price of EUR 42,515 mil.
ETADE S.A. owns a facility of 4.426,95 sq.m. constructed on a 30.580 sq.m. plot in Amfiklia ( in the Locrida area of the Fthiotida Prefecture) and its activities include the industrialization of mechanical equipment, the construction of hydro electric turn-key projects and the maintenance of industrial facilities.
In the framework of its activities, this company participates with a percentage of 90% in the Joint Venture which has undertaken, on behalf of DEI S.A., the construction of the thermal power station Megalopolis 5, with a budget of EUR 500 mil.
Information Investor Relations: Aristotelis Spiliotis, tel + 30 210 69 68 431, tspiliotis@gekterna.gr
Press Office & Public Relations: Konstantinos Lambrou, tel + 30 210 69 68 445, prkl@gekterna.gr
ETADE S.A. owns a facility of 4.426,95 sq.m. constructed on a 30.580 sq.m. plot in Amfiklia ( in the Locrida area of the Fthiotida Prefecture) and its activities include the industrialization of mechanical equipment, the construction of hydro electric turn-key projects and the maintenance of industrial facilities.
In the framework of its activities, this company participates with a percentage of 90% in the Joint Venture which has undertaken, on behalf of DEI S.A., the construction of the thermal power station Megalopolis 5, with a budget of EUR 500 mil.
Information Investor Relations: Aristotelis Spiliotis, tel + 30 210 69 68 431, tspiliotis@gekterna.gr
Press Office & Public Relations: Konstantinos Lambrou, tel + 30 210 69 68 445, prkl@gekterna.gr