SIGNING OF THE CONTRACT “DESIGN – CONSTRUCTION – FINANCING – OPERATION – MAINTENANCE AND EXPLOITATION OF THE CORINTH – TRIPOLI – KALAMATA FREEWAY AND THE LEUKTRO – SPARTA EXPRESSWAY BRANCH”
Wednesday, January 31 2007 – A concession contract was signed today between the Greek State, the societé anonyme “MOREAS S.A.” and its shareholders – “ELLINIKI TECHNODOMIKI TEB S.A.” (73.34%), “PANTECHNIKIS.A.” (13.33%) and “INTRACOM HOLDINGS” (13.33%) – for the project “DESIGN -CONSTRUCTION – FINANCING – OPERATION – MAINTENANCE AND EXPLOITATION OF THE CORINTH – TRIPOLI – KALAMATA FREEWAY AND THE LEUKTRO SPARTA EXPRESSWAY BRANCH”. This contract will be validated within the next 4 months by the Hellenic Parliament and works will commence immediately after.
The construction period is anticipated to last 54 months and the total cost of the project is estimated at 1.004 million Euro. The total length of the freeway is approximately 205 km.
The companies participating in the aforementioned joint-venture project are “AKTOR S.A.”, “PANTECHNIKI S.A.” and “INTRAKAT”.
INTRAKAT was founded in 1987 and belongs to INTRACOM HOLDINGS Group of companies.Since 1999, the company holds a 6th degree contractor license from the Register of Contractor Companies, and as of November 2001 the company listed on the Athens Stock Exchange. In 2005 INTRAKAT merged by absorption with INTRAMET (steel structure company). INTRAKAT has extensive experience and advanced know-how in the fields of constructions of technical projects, steel structure and telecommunication infrastructure projects. Over the past 20 years, the company implements public and private technical projects regarding: building works, infrastructure projects, advanced technology projects and telecommunications infrastructures, industrial and energy projects, E/M installations, steel structures, natural gas distribution projects and environment projects in Greece and abroad. INTRAKAT group employs 620 people.