KEEP BREAKING NEW GROUND IN CONCESSIONS
Η ΑΚΤΩΡ ΠΑΡΑΧΩΡΗΣΕΙΣ είναι η μεγαλύτερη ελληνική εταιρεία του κλάδου η δραστηριότητα της οποίας καλύπτει όλες τις ανάγκες των έργων από τη μελέτη, τη χρηματοδότηση και την κατασκευή έως τη συντήρηση και λειτουργία. Έχοντας ανοίξει το δρόμο των μεγάλων Έργων Παραχώρησης στη χώρα, ήδη από το 1990, το χαρτοφυλάκιο της ΑΚΤΩΡ ΠΑΡΑΧΩΡΗΣΕΙΣ περιλαμβάνει σήμερα συμμετοχές στους μεγαλύτερους και πιο σύγχρονους αυτοκινητόδρομους της Ελλάδας.
AKTOR CONCESSIONS is the company, which literally opened the way for major concessions projects in Greece, undertaking relevant contracts already in the 1990s. It is also the largest concessions company in Greece, covering the whole spectrum of concessions activities: financing, design, construction, maintenance and operation.
AKTOR CONCESSIONS is the company, which literally opened the way for major concessions projects in Greece, undertaking relevant contracts already in the 1990s.
It is also the largest concessions company in Greece, covering the whole spectrum of concessions activities: financing, design, construction, maintenance and operation.
Possessing a majority stake in Moreas (71.7%) Motorways, maintaining significant stakes (20,5%) in Olympia Odos, the Aegean Motorway, as well as the Rion-Antirrion Bridge (27,7%), AKTOR CONCESSIONS holds a leading position in Greece, while continuously expanding its portfolio of activities.
Beyond motorways, the company also participates in Car Park concessions, with a capacity of 5,639 parking spaces and the operation of another 2,195 parking spaces.
Η ΑΚΤΩΡ ΠΑΡΑΧΩΡΗΣΕΙΣ είναι η μεγαλύτερη ελληνική εταιρεία του κλάδου η δραστηριότητα της οποίας καλύπτει όλες τις ανάγκες των έργων από τη μελέτη, τη χρηματοδότηση και την κατασκευή έως τη συντήρηση και λειτουργία. Έχοντας ανοίξει το δρόμο των μεγάλων Έργων Παραχώρησης στη χώρα, ήδη από το 1990, το χαρτοφυλάκιο της ΑΚΤΩΡ ΠΑΡΑΧΩΡΗΣΕΙΣ περιλαμβάνει σήμερα συμμετοχές στους μεγαλύτερους και πιο σύγχρονους αυτοκινητόδρομους της Ελλάδας.
KEY INFORMATION
Project: Olympia Odos
Type: Motorway Concession
Location: Peloponnese, Greece
Olympia Odos
/ AKTOR CONCESSIONS
Olympia Odos is a motorway which connects Elefsina to Patras and serves as the main link between Athens and the port of Patras. At the same time, it is a project of national strategic importance, as it links the capital, Athens, with the Regions of Peloponnese, Western Greece and Epirus.
Olympia Odos is included among the biggest road projects ever constructed in Greece, since it is the only motorway whose largest part (from Corinth to Patras) was constructed while the road was in operation.
In addition, it has been one of the most challenging road projects due to the unstable geological environment of the area along the northern coastline of the Peloponnese, from Corinth to Patras, as well as due to the large number of interchanges it includes, with an interchange corresponding to every 7 kilometers of the motorway.
Having a total length of 201.5 km, Olympia Odos includes among others, 29 Interchanges, 80 Bridges, 38 Overpasses, 204 Underpasses, as well as 29 Tunnels with a total length of 25.6 km.
The total construction cost of Olympia Odos amounted to €1.5 billion and was financed by 38% by private funds of the Concessionaire “Olympia Odos S.A.” (in which AKTOR CONCESSIONS holds a 17% share), 33% by European Union funds, 23% by the contribution of users and 6% by the Greek State.
The term of the Concession Agreement has been set to 30 years, starting in 2008.
KEY INFORMATION
Project: Aegean Motorway
Type: Motorway Concession
Location: Greece
Aegean Motorway
/ AKTOR CONCESSIONS
Aegean Motorway constitutes a critical part of the road axis that connects Athens to Thessaloniki, as it extends from Raches (Fthiotida Prefecture) to Kleidi (Imathia Prefecture).
The project involves the construction of a new 25 km motorway section, from Evangelismos (Larissa Prefecture) to Skotina (Pieria Prefecture), including among others, 3 twin tunnels – of which one is the largest road tunnel in the Balkans – 22 bridges, as well as the reconstruction and upgrading of the existing motorway, extending from Raches to Kleidi, with a total length of 230 km.
The Concessionaire “Aegean Motorway S.A.” (in which AKTOR CONCESSIONS holds a 22.2% share) signed the Concession Agreement for the design, construction, financing, operation, maintenance and exploitation of the Maliakos – Kleidi Motorway on June 28th 2007, which provided for a concession period of 30 years.
The initial investment for the project amounted to €1.3 billion, of which €700 million correspond to equity and loans, €296 to the contribution of the Greek State, while the remaining €300 million are paid off through the motorway’s toll revenues.
KEY INFORMATION
Project: Rion – Antirrion Bridge (Charilaos Trikoupis)
Type: Motorway Concession
Location: Peloponnese, Greece
Rion – Antirrion Bridge (Charilaos Trikoupis)
/ AKTOR CONCESSIONS
The Rion – Antirrion Bridge is one of the most emblematic projects in Greece and the world’s longest multi-span cable-stayed bridge of the fully suspended type. The construction of the Rion-Antirrion Bridge allowed for the permanent connection of Peloponnese to Western Mainland Greece and reduced the average crossing time to 2.5-5 minutes, instead of 45 minutes previously made with ferryboats, which were often out of service due to bad weather conditions.
The geographic location of the Rion-Antirrion Bridge is also quite important, as it is adjacent to the Athens-Corinth-Patras National Road from the side of Rio, while, on the side of Antirrio it is close to the Ioannina-Antirrio motorway, making it a safe and modern connection between the two motorways that connect Athens to Ioannina.
The Concession Agreement was signed on January 3rd 1996 (although it was put into effect in 1997 when full financing was secured) and the period of the concession was set to 42 years.
GEFYRA S.A., the concessionaire, , in which AKTOR CONCESSIONS holds a 27.71% share, is responsible for the design, construction, financing, maintenance and operation of the Rion – Antirrion Bridge during the 42-year concession period.
The Rion – Antirrion Bridge possesses a continuous and fully suspended 2.2 km deck, while its 90 meters in diameter foundations rest on the seabed, which in some points reaches a world record depth of up to 65 meters.
KEY INFORMATION
Project: Attiki Odos
Type: Motorway Concession
Location: Athens, Greece
Attica Tollway
/ AKTOR CONCESSIONS
Attica Tollway (Attiki Odos), is a modern high standard motorway extending throughout the Greek capital and constituting the first major co-financed road project constructed in Greece on a concession basis, through an international tender from the Greek State.
The total construction cost of Attica Tollway amounted to €1.3 billion and was financed by 35% by the Greek State, including funds from the Community Support Framework, while the Concession Company “Attiki Odos S.A.” (in which AKTOR CONCESSIONS holds a 65.8% share) covered the remaining 65%, using equity and loan capital from the European Investment Bank and Commercial Banks.
The Concession Agreement was signed on May 23rd, 1996, and its expiration date has been set to October 5th, 2024.
Attica Tollway constitutes the connecting link of the PATHE road axis (Patras – Athens – Thessaloniki – Evzoni), as it connects the Athens – Patras National Road with the Athens – Lamia National Road, by-passing the centre of Athens.
Being a closed motorway, it has controlled access points and consists of two sections, which are perpendicular to one another: the Elefsina – Stavros – Spata A/P motorway (ESSM), extending along approximately 52 km and the Imittos Western Peripheral Motorway (IWPM), extending along approximately 13 km, while also including a 5 km part of the Western Peripheral Egaleo Motorway (EWPM).
Attica Tollway has a total length of 70 km and includes, among others, 29 Interchanges, 25 Motorway Underpasses, 38 Rail Bridges, as well as 56 Tunnels/Cut and Cover sections with a total length of 12.6 km.
KEY INFORMATION
Project: Moreas Motorway
Type: Motorway Concession
Location: Peloponnese, Greece
Moreas Motorway
/ AKTOR CONCESSIONS
Moreas Motorway, part of the Trans-European Network (TEN), is a modern high standard motorway, which has drastically reduced travel time within the Region of Peloponnese, while making travel from Athens to Kalamata and from Athens to Sparta feasible in approximately two hours.
At the same time, the upgrading of the road network to motorway standards, with 2 lanes per direction and a central reserve (median barrier), has substantially contributed to increased road safety.
The total construction cost of the motorway reached approximately €1 billion and is financed by 30% by public funds, while the remaining 70% is financed by the Concessionaire (in which AKTOR CONCESSIONS holds a 71.7% share), which collects the motorway’s tolls in return.
The Concession Agreement was signed on January 31st 2007, providing for a concession period of 30 years.
Having a total length of 205 km, Moreas Motorway includes 25 interchanges and 5 twin bore tunnels with a total tube length of 5 km.
Mr. Efthymios Bouloutas has a long experience in the Banking sector, in Asset Management and in Holding Companies, whilst he has also handled the restructuring of major companies in the Food, Airline, Health, Shipping and Real Estate industries.
Mr. E. Bouloutas has served as a Partner at Grant Thornton Greece, CEO at Marfin Investment Group (MIG), CEO at Marfin Popular Bank, General Manager at Eurobank responsible for the wealth management business, CEO at Eurobank Asset Management and CEO at Ionian Mutual Funds. He has also served as Chairman and member of the BoD in numerous companies such as Vivartia, Olympic Airlines, EFG Bank Luxemburg EFG Private Bank.
Mr. E. Bouloutas holds a Ph.D. from Massachusetts Institute of Technology (MIT), a M.Sc. from Stanford University and an Engineering Degree from National Technical University of Athens.
He studied Civil Engineer at the National Technical University of Athens.
He worked from 1977 until 1981 as freelancer in the private sector on the design and construction of various technical projects, while from 1981 until 1989 he worked in the General Secretariat for Public Works of the Ministry of Environment, Physical Planning and Public Works.
Since 1990, he joined the private sector in the positions of General Manager or Technical Director in several major construction companies with the object to construct complex technical works of all kinds (PATHE and EGNATIA motorways, railway projects, Olympic projects, tunnels, dams etc.).
Since 2007, he has been actively involved in the management of major concession projects (MOREAS, OLYMPIA ODOS, etc.).
He is Chairman of the Association of the Technical Companies of the Highest Classes (STEAT) for years and he was also member of the Board of Directors of the Athens Chamber of Commerce and Industry (E.B.E.A.).
He studied Civil Engineering at the National Technical University of Athens.
He is a member of the Technical Chamber of Greece (TEE). From 1990 until 1998 he worked in the private sector as a Civil Engineer.
From 1995 to 2007 he was member of the Board of Directors and General Manager of PANTECHNIKI SA.
From 2008 to 2018 he was member of the Board of Directors of ELLAKTOR SA and Vice President of the Board of Directors of AKTOR CONCESSIONS SA
At the same time, from 2013 to 2018 he was a member of the Boards of Directors of ATTIKI ODOS SA. and ATTICES DIADROMES SA
Marilena Nitsopoulou has many years of experience as Financial and Administrative Director in multinational and domestic companies in various market sectors. She has worked in IT, telecommunication, construction, courier and concession companies.
Since 1996 she held managerial position at Intracom Group. She has significant experience in organizing-monitoring the operation of financial departments, in the control-monitoring of listed companies, in techno-economic/financial studies and in the strategic planning of the economic activities of enterprises.
From 2008 until today she is the Chief Financial Officer of the ELLAKTOR Group’s Concession Companies, with extensive experience in financial monitoring of Concession projects.
Marilena Nitsopoulou holds a BSc. in Computer Science from the University of London Royal Holloway, PG Diploma at Applied Mathematics University of London Kings College and MSc. in Operational Research at the University of Strathclyde.
Konstantinos Toumpouros was born in 1978. He studied Civil Engineering (BSc and MSc) with specialization in Hydraulics Engineering at the National Technical University of Athens and works as civil engineer since then. He has worked, among others, as Vice President and Board member of Ergonomia SA and as President and CEO of Ergometria SA. He is currently President and CEO of the construction and property management company Temco SA.
Mr. Kyriakopoulos holds a degree in Naval Mechanical Engineering from the University of Newcastle upon Tyne, UK. A postgraduate degree (M.Sc.) in Shipbuilding and Mechanical Engineering from the Massachusetts Institute of Technology (M.I.T.), USA and a Master’s Degree in Business Administration (MBA) from the Imperial College of London.
Mr. Panos Kyriakopoulos since July 2002 is the Chairman and C.E.O. of Star Investment S.A. a group of companies with investments in the sectors of Mass Media and Technology.
Mr. Georgios Triantafyllou is leading Motor Oil Group’s Strategy team including the Corporate Development, Mergers and Acquisitions and Corporate Planning departments.
Key areas of focus include strategy formulation, development of the corporate vision, execution of strategic initiatives and development of areas of future growth such as Alternative and Renewable Fuels and Circular Economy.
Olympia Odos
Aegean Motorway
Rion – Antirrion Bridge (Charilaos Trikoupis)
Attica Tollway
Moreas MotorwayKEY INFORMATION
Project: Olympia Odos
Type: Motorway Concession
Location: Peloponnese, Greece
Olympia Odos
/ AKTOR CONCESSIONS
Olympia Odos is a motorway which connects Elefsina to Patras and serves as the main link between Athens and the port of Patras. At the same time, it is a project of national strategic importance, as it links the capital, Athens, with the Regions of Peloponnese, Western Greece and Epirus.
Olympia Odos is included among the biggest road projects ever constructed in Greece, since it is the only motorway whose largest part (from Corinth to Patras) was constructed while the road was in operation.
In addition, it has been one of the most challenging road projects due to the unstable geological environment of the area along the northern coastline of the Peloponnese, from Corinth to Patras, as well as due to the large number of interchanges it includes, with an interchange corresponding to every 7 kilometers of the motorway.
Having a total length of 201.5 km, Olympia Odos includes among others, 29 Interchanges, 80 Bridges, 38 Overpasses, 204 Underpasses, as well as 29 Tunnels with a total length of 25.6 km.
The total construction cost of Olympia Odos amounted to €1.5 billion and was financed by 38% by private funds of the Concessionaire “Olympia Odos S.A.” (in which AKTOR CONCESSIONS holds a 17% share), 33% by European Union funds, 23% by the contribution of users and 6% by the Greek State.
The term of the Concession Agreement has been set to 30 years, starting in 2008.
KEY INFORMATION
Project: Aegean Motorway
Type: Motorway Concession
Location: Greece
Aegean Motorway
/ AKTOR CONCESSIONS
Aegean Motorway constitutes a critical part of the road axis that connects Athens to Thessaloniki, as it extends from Raches (Fthiotida Prefecture) to Kleidi (Imathia Prefecture).
The project involves the construction of a new 25 km motorway section, from Evangelismos (Larissa Prefecture) to Skotina (Pieria Prefecture), including among others, 3 twin tunnels – of which one is the largest road tunnel in the Balkans – 22 bridges, as well as the reconstruction and upgrading of the existing motorway, extending from Raches to Kleidi, with a total length of 230 km.
The Concessionaire “Aegean Motorway S.A.” (in which AKTOR CONCESSIONS holds a 22.2% share) signed the Concession Agreement for the design, construction, financing, operation, maintenance and exploitation of the Maliakos – Kleidi Motorway on June 28th 2007, which provided for a concession period of 30 years.
The initial investment for the project amounted to €1.3 billion, of which €700 million correspond to equity and loans, €296 to the contribution of the Greek State, while the remaining €300 million are paid off through the motorway’s toll revenues.
KEY INFORMATION
Project: Rion – Antirrion Bridge (Charilaos Trikoupis)
Type: Motorway Concession
Location: Peloponnese, Greece
Rion – Antirrion Bridge (Charilaos Trikoupis)
/ AKTOR CONCESSIONS
The Rion – Antirrion Bridge is one of the most emblematic projects in Greece and the world’s longest multi-span cable-stayed bridge of the fully suspended type. The construction of the Rion-Antirrion Bridge allowed for the permanent connection of Peloponnese to Western Mainland Greece and reduced the average crossing time to 2.5-5 minutes, instead of 45 minutes previously made with ferryboats, which were often out of service due to bad weather conditions.
The geographic location of the Rion-Antirrion Bridge is also quite important, as it is adjacent to the Athens-Corinth-Patras National Road from the side of Rio, while, on the side of Antirrio it is close to the Ioannina-Antirrio motorway, making it a safe and modern connection between the two motorways that connect Athens to Ioannina.
The Concession Agreement was signed on January 3rd 1996 (although it was put into effect in 1997 when full financing was secured) and the period of the concession was set to 42 years.
GEFYRA S.A., the concessionaire, , in which AKTOR CONCESSIONS holds a 27.71% share, is responsible for the design, construction, financing, maintenance and operation of the Rion – Antirrion Bridge during the 42-year concession period.
The Rion – Antirrion Bridge possesses a continuous and fully suspended 2.2 km deck, while its 90 meters in diameter foundations rest on the seabed, which in some points reaches a world record depth of up to 65 meters.
KEY INFORMATION
Project: Attiki Odos
Type: Motorway Concession
Location: Athens, Greece
Attica Tollway
/ AKTOR CONCESSIONS
Attica Tollway (Attiki Odos), is a modern high standard motorway extending throughout the Greek capital and constituting the first major co-financed road project constructed in Greece on a concession basis, through an international tender from the Greek State.
The total construction cost of Attica Tollway amounted to €1.3 billion and was financed by 35% by the Greek State, including funds from the Community Support Framework, while the Concession Company “Attiki Odos S.A.” (in which AKTOR CONCESSIONS holds a 65.8% share) covered the remaining 65%, using equity and loan capital from the European Investment Bank and Commercial Banks.
The Concession Agreement was signed on May 23rd, 1996, and its expiration date has been set to October 5th, 2024.
Attica Tollway constitutes the connecting link of the PATHE road axis (Patras – Athens – Thessaloniki – Evzoni), as it connects the Athens – Patras National Road with the Athens – Lamia National Road, by-passing the centre of Athens.
Being a closed motorway, it has controlled access points and consists of two sections, which are perpendicular to one another: the Elefsina – Stavros – Spata A/P motorway (ESSM), extending along approximately 52 km and the Imittos Western Peripheral Motorway (IWPM), extending along approximately 13 km, while also including a 5 km part of the Western Peripheral Egaleo Motorway (EWPM).
Attica Tollway has a total length of 70 km and includes, among others, 29 Interchanges, 25 Motorway Underpasses, 38 Rail Bridges, as well as 56 Tunnels/Cut and Cover sections with a total length of 12.6 km.
KEY INFORMATION
Project: Moreas Motorway
Type: Motorway Concession
Location: Peloponnese, Greece
Moreas Motorway
/ AKTOR CONCESSIONS
Moreas Motorway, part of the Trans-European Network (TEN), is a modern high standard motorway, which has drastically reduced travel time within the Region of Peloponnese, while making travel from Athens to Kalamata and from Athens to Sparta feasible in approximately two hours.
At the same time, the upgrading of the road network to motorway standards, with 2 lanes per direction and a central reserve (median barrier), has substantially contributed to increased road safety.
The total construction cost of the motorway reached approximately €1 billion and is financed by 30% by public funds, while the remaining 70% is financed by the Concessionaire (in which AKTOR CONCESSIONS holds a 71.7% share), which collects the motorway’s tolls in return.
The Concession Agreement was signed on January 31st 2007, providing for a concession period of 30 years.
Having a total length of 205 km, Moreas Motorway includes 25 interchanges and 5 twin bore tunnels with a total tube length of 5 km.
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