Ellaktor
Greece
Top Greek Businessman Pays €1.8 Mln After Arrest for Unpaid Taxes
One of Greece's top businessmen, Ellaktor Managing Director Leonidas Bobolas, appeared before a public prosecutor after his arrest by the Financial Crime Unit today, accused of major tax evasion but was subsequently released after paying the sum of 1.8 million euros,...
Economy
Athens Stock Exchange Recording Losses of 7.35% During Third Consecutive Day of Fall
New dramatic free fall recorded the Athens Stock Exchange (ASE), which sank to a new year low, amid the worsening climate in the markets due to political uncertainty, while the Greek 10-year bond recorded a worrying increase over 9%.
The...
World
$4.4bn Doha Metro Contract Awarded to Greek Aktor S.A.
Qatar Rail, the authority responsible to finish construction of the first phase of the Doha Metro in 2018, has awarded one of its largest rail contracts yet to a Greek-led consortium, the Athens-based company ELLACTOR announced on Thursday.
ELLAKTOR said in...
Business
ELLAKTOR Undertakes 3.2 Billion Euro Project in Qatar
The Greek subsidiary company of AKTOR, ELLAKTOR has signed a contract for the design and construction of the “Gold Line Underground” Metro line in Doha, Qatar, as leader of the consortium ALYSJ JV, with a 32% stake. The project...
Economy
Privatization's Next Stop: Greek Railways
With Prime Minister Antonis Samaras trying to figure out who will replace Stelios Stavridis, the former head of the country's privatization agency who was forced to quit after he accepted a ride on the private jet of a businessman...