GEK TERNA Holdings, Real Estate, Construction SA

Detailed Description

GEK TERNA Holdings, Real Estate, Construction S.A., together with its subsidiaries, engages in the construction, energy, real estate, industrial, and concession businesses in Greece, the Balkans, the Middle East, Eastern Europe, the United States, and internationally. The company is involved in the construction of motorways, buildings, ports, and large energy projects; the financing, management, and commercial exploitation of concession projects, such as operation of car parking. It also constructs and operates wind farms, hydroelectric projects, pumping storage projects, hybrid stations, and photovoltaics, as well as the undertaking of integrated projects for waste management, biofuels, and other materials with an installed capacity of 1,363.7 MW; and trades in electric energy and natural gas. In addition, the company engages in the acquisition, development, and exploitation of real estate properties, including business centers, logistic centers, industrial parks, entertainment parks, residential properties, commercial properties, hotels, etc.; production of quarry products; and exploitation of magnesite products. Further, it operates Borovets Euphoria Club Hotel & Spa in Bulgaria; and owns two thermal power plants with a total installed capacity of 147 MW and 435 MW in Viotia, Greece. The company was formerly known as Ermis Real Estate Constructions Enterprises S.A. and changed its name to GEK TERNA Holdings, Real Estate, Construction S.A. in 2008. The company was founded in 1960 and is headquartered in Athens, Greece.