A major deal in Greece’s construction sector appears on the horizon, with Intrakat reportedly agreeing with Ellaktor group to acquire the latter’s subsidiary, Aktor. All three of the companies are among the top construction companies, developers and infrastructure concessionaires in the country.
According to reports, the consideration hovers at around 200 million euros. If the deal pans out, Intrakat – initially established within the Intracom group – will reach a catalogue of unfilled projects worth near four billion euros.
ATHEX-listed Intrakat and Ellaktor confirmed interest in the transaction in separate announcements on Friday. The latter, however, clarified that an agreement, in principle, does not cover its project concessions, but only the construction side.
According to reports by ot.gr, talks by Intrakat and Ellaktor executives over recent days aimed to complete the deal as soon as possible, given the latest development with a bid by a consortium comprised of Aktor and Avax to win the concession for the Attiki tollway in the greater Athens area. The same reports hold that France-based Ardian, the majority stakeholder in the consortium, has withdrawn from the consortium.
The development essentially means that the Aktor-Avax scheme must find a majority partner to provide guaranteeed financing.
Any final transaction will require approval by Greece’s Competition committee.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
