GEK Terna Group

Company description

GEK Terna Group is one of the leading business groups in Greece with operations also in Central and Southeastern Europe, USA, North Africa and Middle East. The group’s expertise spans from construction, energy production and supply, concessions, waste management and mining activities to real estate development and management.

With a total number of 6,000 employees around the world, the group has made investments of more than €1.5 billion in the last five years. The current construction backlog of the group reaches €1.8 billion while the total installed capacity of the energy plants that the group owns or participates in exceeds 1,500 MW.

The group's subsidiaries include construction firm Terna S.A., renewable energy developer Terna Energy S.A., mining and magnesia production firm Terna Mag S.A. and facilities management firm GEK services. The group also have a controlling stake alongside GDF Suez Group and Qatar Petroleum Group in HERON group, a thermal energy developer. 

Company details

Address:
85, Mesogeion Ave. Athens 115 26, Greece

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 27, 2020

    Five prequalified companies for Kalamata-Methoni road PPP in Greece

    The Government of Greece through the Ministry of Infrastructure and Transport has prequalified the five teams that submitted proposals in July for the design, construction, financing, operation,...

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  • July 09, 2019

    Five companies submitted proposal for Greece motorway project

    The Government of Greece through the Ministry of Infrastructure and Transport has received five bids from companies for the design, construction, financing, operation, and maintenance of the ...

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  • May 17, 2019

    New International Airport development approved in Greece

    The Parliament's Standing Committee on Production and Trade of Greece has approved the legislation the ratifies the contract for the development of the new international airport in Kastelli on Cr...

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  • March 01, 2019

    GMR-TERNA JV signs concession agreement for new international airport in Crete

    GMR Infrastructure Limited has announced that its subsidiary GMR Airports Limited, in consortium with TERNA Group, has signed the concession agreement for the design, construction, financing, operatio...

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  • January 28, 2019

    GEK Terna-GMR to launch construction of new Heraklion airport in March

    The joint-venture of GEK Terna Group and GMR Group is set to begin preparatory works for the construction of the New Heraklion International Airport in March 2019.  The consortium was awarded a...

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  • January 23, 2019

    VINCI awards US$300 million construction contract for Belgrade airport

    Terna S.A., a subsidiary of GEK TERNA Group, has announced that it has been awarded a contract for construction and refurbishment works at Nikola Tesla Belgrade Airport, as part of a VINCI (51%) &ndas...

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  • January 02, 2019

    Greek Court of Auditors approves airport concession award

    The Greek Court of Auditors has approved the award of a concession to construct and operate a new international airport on the island of Crete to Ariadne Airport Group, a consortium comprised of GEK T...

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  • December 19, 2018

    Ferrovial completes US$100 million sale of Greek toll road concessions to GEK Terna

    Ferrovial has announced that it has sold its stake in two Greek toll road concessions, Central Greece and Ionian Roads, to GEK Terna for EUR85 million (US$96.6 million). The buyer, Greece&r...

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  • October 22, 2018

    Expressions of Interests received for motorway PPPs in Crete

    A number of private parties have submitted Expressions of Interest (EOIs) for the Northern Road Axis of Crete motorway projects. The Northern Road Axis is a planned 200km ...

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  • October 03, 2018

    GMR wins tender to upgrade and operate Nagpur Airport in India

    GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd., has announced that it has emerged as the highest bidder for the development, operations and management of Dr. Babasaheb Ambedkar Int...

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