GEK TERNA Group is characterized by its outward-looking approach, having established its presence in 12 countries. With a revenue of €3.25 bn and an order backlog expected to reach approximately €6.9 bn.
Investor Update: Strategic partnership between GEK TERNA and Motor Oil
Investor Update: Strategic partnership between GEK TERNA and Motor Oil
To advance its operations, the Group focuses on executing its investment programs. Specifically, in recent years, amidst the unprecedented economic crisis and recession that impacted the Greek economy and market, extensive investments have been implemented, establishing GEK TERNA Group as one of the most significant investment entities at the domestic level.
Risks Involved with Investing
The contents of the investment relations section of GEK TERNA’s corporate website, aim to provide general information about the activity, the financial standing and results as well as the general prospects of GEK TERNA and its Group.
The figures presented here arise from the Company’s financial statements, but also from estimates and assumptions about expected developments and other factors that affect the Group. These estimates are not historical events or guarantees for the future performance of the Company. These forward-looking statements involve risks and uncertainties, as there are factors that may lead to a significant deviation between the Group’s future results and these estimates. More information on the potential risks and uncertainties affecting the Group is offered by the announcements made by GEK TERNA in the Athens Exchange.
It is therefore recommended that the reader, prior to making any investment option or other transaction with the Company, to take into account that investments in financial instruments are not guaranteed and involve the risk of loss of property and to refer to the published financial statements as well as the review report of the legal auditor, where required.
Financial Summary
The shares of GEK were listed for trading on the Athens Stock Exchange in 1994, the same year that the shares of TERNA were also introduced. In 1999, GEK and TERNA joined forces, creating one of the largest Greek groups in the fields of construction, energy, and real estate development and management. In 2002, GEK’s construction sector was absorbed by TERNA. Finally, on December 23, 2008, the merger of the remaining activities of TERNA into GEK was approved, resulting in the formation of GEK TERNA.