PRESS RELEASE-THE J/V AKTOR ATE - J&P AVAX-INTRAKAT SIGNED A NEW CONTRACT OF 293.1M EURO WITH ERGA OSE AE
Peania, Friday June 28, 2013 – A joint venture comprising of the companies AKTOR ATE, J&P-AVAX and INTRAKAT SA, in which INTRAKAT participates with a 25% stake, signed with ERGA-OSE SA on 21.06.2013 a contract for the project titled «Construction of infrastructure for the new twin railway line in the section Rododafni – Psathopyrgos marked from 91+500 to 113+000 and the Panagopoula tunnel», budgeted at €293.1 m (excl. revisions and VAT).
The project pertains to the construction of the infrastructure for a 21.5 km section of the new high-speed rail line and all related railway and road works, bridges and underpasses.
It also includes construction of the 4.5km-long Panagopoula twin tunnel with connecting shafts and a 0.55 km-long access tunnel.
The contract sets a 36-month deadline for completion of works.
About Intrakat
INTRAKAT was founded in 1987 and is a member of the INTRACOM HOLDINGS Group of companies. It has been listed on the Athens Stock Exchange since 2001 and is classified in the Register of Contractor Companies as a holder of a seventh class contractor's certificate. In 2005 it merged with Intramet, a steel construction company. Backed by its lengthy experience, INTRAKAT executes high technology, specialized projects in the technical area (construction – infrastructure) and in the areas of the environment, renewable energy sources, technology and telecommunications infrastructures, energy, industrial plants, metal constructions, real estate development and natural gas in Greece and abroad.
Contact person
Ioanna Papavasiliou, Intrakat Communications Department
T: 21–06674346 E: ipapav@intrakat.gr Web: www.intrakat.com