CONCESSIONS

In the operating segment of Concessions, the Group owns 100% of the Motorway Concessions NEA ODOS and KENTRIKI ODOS, 17% of the Concession Company OLYMPIA ODOS, as well as 32.46% of the Concession Company of Kasteli Airport. The Group also participates with a percentage of 70% in the Electronic Ticket Service Provider Societe Anonyme - HELLAS SMARTICKET S.A., which undertook from the Athens Urban Transport Organization SA (OASA), the Partnership Agreement for the Study, Financing, Installation, Operational Support, Maintenance and Technical Management of a Unified, Automatic Toll Collection System for the OASA Group of companies based on a PPP scheme. The term of the concession has been set at 10 years after the construction period.
It is worth noting that GEK TERNA, having participated in various tenders with the aim to undertake Concession projects, was declared the Preferred Investor in two (2) large Concession contracts, the contractual process of which is expected to be implemented within the year 2022, where new investments will be made given that the Company’s capital structure remains strong and healthy.
Finally, the Group continues its activity in the area of Management and Operation of Car Parking Stations.