Concessions and construction fueled significant hike in results

Greek firms including GEK Terna, PPC, Metlen, AVAX, HELLENiQ Energy, and Motor Oil are positioning in Romania to enter Ukraine’s future reconstruction market.

The major deal will create a new utility company with a leading position in Greece and Southeast Europe

TERNA, a GEK TERNA Group company, named preferred bidder for two railway projects in Romania worth €1 billion

The signed road section spans 157 kilometers and will be studied, financed, and constructed by GEK TERNA.

Wood & Co increases the price target for GEK ΤΕRΝΑ to €27 per share (from €18), implying a 48% upside from the current levels. As the brokerage firm points out, in 2024 GEK TERNA’s profitability profile became more “aggressive”, with the sale of TERNA ENERGY and the Group’s even more dynamic entry into concessions with […]