Metka

With a total of outstanding projects that exceeds 3.5 billion euros, in Greece and abroad, the listed Mytilineos group continues to strengthen its presence in the construction industry. Out of the above amount, it is estimated that over €1 billion only concerns projects run by METKA, which is the construction arm of the group.

The chairman and chief executive of Athens-listed group Mytilineos, Evangelos Mytilineos, said he expects the company to increase its output to reach up to 4% of Greece's gross domestic product.

A Mytilineos SA general shareholders' meeting on Monday approved a board plan to raise the price ceiling of a share buyback program from 25 to 40 euros and create a special reserve up to €20 million euros to cover the company's participation in investments included in the development law.

The process for the construction of the first photovoltaic park in Kozani, northwestern Greece, has entered the final stretch. Its capacity will be 15 megawatts and it forms part of a mega-project of 230 MW in the area.

Mytlineos on Monday announced that its subsidiary METKA EGN has signed a 10-year power purchase agreement (PPA) with Coles, Australia's second largest supermarket chain.

Energy and construction group Mytilineos has announced that subsidiary METKA has been awarded the development of a solar energy project in Chile.
When completed in December 2020, the 170.65-megawatt Atacama Solar II unit is expected to provide power to more than 100,000 households. 

Athens-listed group Mytilineos on Wednesday said that it is ready to start construction on a new natural gas-fired power plant at the company's Energy Center in Aghios Nikolaos in Viotia.

Mytilineos has completed all of the necessary licensing procedures for one of the largest gas-powered combined cycle electricity units in Europe.

The deadline of the tender for the contractor to undertake the extension of the Piraeus cruise passenger port has been stretched by a few more days due to the strong competition among major construction groups.

The Supreme Court on Tuesday refuted a decision last week by an Athens appeals council that indicted businessman Evangelos Mytilineos and a former CEO of Public Power Corporation, Stergios Nezis, on bribery and money laundering charges respectively, in a case that dates from 2003.

The case will be re-examined by the Supreme Court.

An Athens appeals council on Friday indicted businessman Evangelos Mytilineos and a former CEO of Public Power Corporation, Stergios Nezis, on bribery and money laundering charges respectively, in a case that dates from 2003.