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

  • Underground UK asset searches jump 18%, according to LSBUD
    February 18, 2020
    The number of asset underground searches for UK highways projects rose 18% on the year before, according to a data collection and search provider.
    Read More
  • Construction work is underway on a new highway in Bolivia
    July 19, 2012
    In La Paz, Bolivia, work is underway to create a new four-lane highway between Oruro to the capital La Paz. The 210km stretch of road, high up in the Andes, is of great political importance with President Evo Morales determined to see completion before the next elections in 18 months’ time.
    Read More
  • NSW Australia investing in transport
    June 20, 2013
    Australia’s New South Wales (NSW) Government has outlined its massive transportation investment in the WestConnex project. This will be the largest urban transport project in the history of New South Wales. Some A$1.8 billion will be invested over four years from Restart NSW, the state’s new infrastructure fund. to finance the WestConnex project. And A$111 million will be committed in 2013-14 to get work underway on the 33km motorway. The NSW Government will fund the initial sections of the motorway. Privat
    Read More
  • BAM half year results show jump in pre-tax profit
    August 19, 2016
    Dutch construction and related services group Royal BAM posted improved half-year results, despite Britain’s decision to leave the European Union. Half-year results to June showed pre-tax profit to €45 million, up from €4 million the previous year. However, group revenue slipped back €3.4 billion, down from around €3.5 billion. Construction and mechanical & electrical services suffered a €23.8 million loss, blamed on poor trading in Germany. But civil engineering and property helped profitability.
    Read More

Highlighted Content