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

  • Portugese opt for Hitachi machinery
    June 18, 2012
    Hitachi construction machinery is said to be helping Portgual’s building industry pull through the global economic downturn. Two of the country’s largest construction companies, Mota-Engil – Engenharia e Construção SA and Agrepor – Agregados SA, are using Hitachi’s ZX670LCH-3 large excavators. Portugal’s membership of the European Union (EU) is said to have been hugely beneficial for the country’s infrastructure, including the development of new highways. However, the financial crisis has affected the count
    Read More
  • Work planned for two major Indian highway projects
    September 30, 2015
    Two large highway projects in India are now moving forward following the award of contracts by the National Highways Authority of India (NHAI). The NHAI awarded a contract worth US$269.62 million to Hindustan Construction Co (HCC) for the construction of a highway in the local state of Jammu and Kashmir. The project is part of the second stage of the National Highways Development Project (NHDP) initiative by the NHAI for the NH 1A highway, and covers 36km including 3km of tunnels between Banihal and Ramban.
    Read More
  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More
  • Major earthmoving equipment order for key highway
    February 24, 2012
    An order for six MT31 ADTs forms part of a new fleet of Doosan machines delivered to Hydrobudowa, a Polish contractor specialising in complex civil engineering, infrastructure and construction projects. The deal also comprises four Doosan excavators, two DX300LC models and two DX340LC units, all of which have been supplied by dealer, Grausch i Grausch maszyny Budowlane. Five of the new Doosan ADTs are currently working on the construction of the Bojanowo - Rawicz section of the new highspeed S5 Expresswa
    Read More

Highlighted Content