Ellaktor Group

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Ellaktor profits jump in 2022

ATHEX-listed Ellaktor Group said on Thursday its 2022 turnover totaled 1.04 billion euros, up 14% from the previous year, and its EBITDA jumped 45% to €239 million.

Pre-tax profit was €68 million in 2022, after a loss of €29 million in 2021, while after-tax profits totaled €519 million, boosted by the sale of a 75% equity stake in the renewable energy sources sector.

Alimos marina overhaul to start in four years’ time

It will take four years until work can begin on the radical facelift of the Alimos marina in southern Attica, as it is expected to take this long for all the necessary permits to be issued.

The contractor of the project is Nea Alimos Marina Development SA, a 100% subsidiary of Aktor Concessions, a member of the Ellaktor Group.

Ellaktor expects revenue boost from planned mall at Pallini

Ellaktor group subsidiary REDS expects to receive annual leasing revenues of 23 million euros from the operation of its Cambas Project at Pallini in eastern Attica.
The 200-million-euro investment on a 315,000-square meter plot, which is not expected to launch operations before 2022, is expected to receive 4,000 visitors a day when it does open.