Skip to main content

Terna wins Greek highway prize

Greek general construction companies Terna and AEGEK Kataskevastiki have signed a deal to develop part of the Egnatia Odos highway.The budget for the works is reported to be US$ 113.90million, plus VAT of $26,111,500. The second part of the two-part highway development project is budgeted at $23,046,800, plus VAT of $5,300,750
May 9, 2012 Read time: 1 min
Greek general construction companies 5467 Terna and 5468 AEGEK Kataskevastiki have signed a deal to develop part of the Egnatia Odos highway.

The budget for the works is reported to be US$ 113.90million, plus VAT of $26,111,500. The second part of the two-part highway development project is budgeted at $23,046,800, plus VAT of $5,300,750.

For more information on companies in this article

Related Content

  • XCMG sets out six stage path for future plans
    October 14, 2013
    XCMG has seen strong exports, with one deal in particular providing a major boost to turnover - Mike Woof writes It is rare that a single machine order can provide a substantial portion of a large manufacturer’s annual results. However the firm’s massive contract signed with the Venezuelan Government was a major boost to XCMG; the supply of no less than 6025 machines in a deal worth some US$750 million. This order came at an important time for the company when the world demand for construction equipment sl
  • Chinese investors eye Brazilian work, including federal highway BR-153
    January 14, 2016
    Chinese investors are reported to be negotiating a contract to work on a section of federal highway BR-153 that goes from Anapolis in the Brazilian state of Goias to Palmas,n in Tocantins. The road is part of the Transbrasiliana Highway. The section was originally awarded to Brazilian construction firm Galvao Engenharia in September 2014, but the company never started expansion works.
  • Mobile grouting trailers for soil nail rigs
    February 7, 2012
    Geotechnical specialists, Bachy Soletanche and Carillion Piling are currently working on an £18 million (e21 million) geotechnical contract as part of carriageway improvements on the M1 motorway to the north of London, England. The work between junctions 10-13, Luton to Milton Keynes, is being carried out for the Costain Carillion joint venture working on behalf of the Highways Agency. The piling and soil nailing works are to facilitate the conversion of the current hard shoulder to a peak-time running lane
  • Reducing highway construction costs
    May 15, 2012
    Cost reductions sought The transport authorities in Montenegro are still considering ways to reduce the construction costs of the Bar-Boljare highway. Croatian company Konstruktor is still keen to work on the highway project, which it priced at €2.7 billion. The Montenegro government cancelled Konstruktor’s concession agreement for the project recently. The Israeli-Greek consortium comprising Aktor, Shikun and Binui-HCH was the second ranked bidder for the project and is in talks with the Montenegro gove