Ellaktor

Operations are conducted through eight direct subsidiaries, each involved in one of the group's six main areas of business. 34% of the company's project backlog is outside of Greece (total project backlog is €2.6 billion about half of its historic high in 2007 (€5 billion); about 37% comes from concessions, 21% from Infrastructure projects. Many of its development contracts come from concessions which the company competes for domestically and internationally (competitors are both domestic and foreign. Attiki Odos and Rio Antirrio (bridge) are two of the biggest concession projects the company has been involved in. In 2011 it won its third Doha airport related contract (€68 million deal). For 2010 solar power projects could contribute as much as €60 million in revenue. In September 2025, Ellaktor sold Aktor Concessions to the Aktor Group for €194.6 million ($ million). Former operations Aktor Concessions, while it was part of Ellaktor, used to own 65.75% of Attiki Odos S.A., the operator of the Attiki Odos motorway network until 6 October 2024, when the GEK Terna-led Nea Attiki Odos took over the concession. ==Greek projects==

Ellaktor's Greek projects are for the most part majority controlled (over 70% interest in most of the key ones though the largest, a transportation toll road connecting Patra and Tsakona (€522 million in backlog) involves participation of only 17% through Aktor). Backlog comes mostly from transportation related developments followed by infrastructure projects (8, both public and private). ==Shareholders==

In July 2018, the General Assembly of the shareholders voted for changing ELLAKTOR Group's management, in what was the first proxy fight ever held in Greece. Following the change and as per the Shareholder Register of 16.8.2019, Ellaktor's over 5% are PEMANOARO LIMITED (25.58%) and Leonidas Bobolas (12.55%) and the Free Float <5% (61.87%). PEMANOARO LIMITED is a company which is jointly controlled by Anastassios P. Kallitsantsis and Dimitrios P. Kallitsantsis. Also Anastassios Kallitsantsis owns a)as natural person 190,500 shares and equal voting rights, ie 0.09%, and b)through ARGONIO ENTERPRISES LIMITED, company controlled by him, 1,336,989 shares and equal voting rights, ie 0.62%. Leonidas Bobolas’ participation (and voting rights) includes the participation of 1.14% held by the company ORANOM HOLDINGS LTD which he controls (i.e. 2,450,000 shares and equal voting rights). ==Controversies==

In 2017, Ellaktor's former construction subsidiary Aktor was fined €38.5 million ($ million) for colluding with other major Greek construction companies for 23 years (1989–2012) to rig the tenders for public work projects in their favour, including projects that received funding from the European Union: at the time, the fine was the largest in Greece for cartel practices. ==References==