INTRAKAT & FRACASSO SPA join forces – New prospects in road safety systems

Peania, November 2, 2009 – INTRAKAT and Italian FRACASSO SpA, a pioneer in road safety systems, proceeded to a strategic joint venture via the establishment of FRACASSO HELLAS, signaling this way the need for high standards products aiming to improve road safety in our country.

FRACASSO HELLAS is a pioneer in the design and manufacturing of road safety barriers in compliance to the European (EN 1317) as well as the international standards, which fully capture the safety requirements of modern highways. The company’s broader scope of business includes the development, production, promotion and installation of qualified road safety and metallic barriers with modern specifications both in Greece and abroad. The company’s business headquarters are located in Larissa, Greece, within INTRAKAT industrial facilities, where all production stages are executed from the design stage to the final product by applying cutting edge technology control and assurance procedures.

FRACASSO SpΑ is among the most dynamic companies in the road safety sector worldwide. The company is active for over 50 years in planning, manufacturing and installing metallic road safety barriers and rod safety systems, and owns production facilities in Italy, Germany, Russia, India and Croatia. The complete range of its road safety barriers are in full compliance with the international requirements of the crash tests which are being conducted full scale in accordance to the European Norms.

Group INTRAKAT has vast experience and extensive knowhow in complex metallic constructions. The group offers its highly competitive products and top quality services in the local as well as the international markets through ongoing modernization and application of innovative methods. INTRAKAT, via establishing FRACASSO HELLAS, is joining forces with FRACASSO SpΑ in strategic joint venture aiming to offer integrated solutions as well as to modernize our country with respect to the road safety sector issues in accordance to international rules and norms.

Regarding INTRAKAT
INTRAKAT was founded in 1987 and belongs to INTRACOM HOLDINGS GROUP of companies. The company holds a 7th degree contractor license from the Register of Contractor Companies, and as of November 2001 it 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. For over 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 617 people

Information concerning Press Releases
Ioanna Papavassiliou, INTRAKAT Communications Dept
T: +30 2106674346, E: ipapav@intrakat.gr  , Web: www.intrakat.com