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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 2 sources · 22 days · First seen · Last updated
GEK Terna corporate and infrastructure developments
Overview
GEK Terna has engaged in significant corporate and operational developments in Greece. In August 2026, the company executed a free share distribution program, providing 1,112,500 shares—representing approximately 0.9354% of its paid-up share capital—to 42 executives. This distribution, valued at roughly €48.9 million, was based on a closing price of €43.96 and includes a two-year mandatory holding period for recipients.
By September 2026, the company was selected as the preliminary partner for two major Public-Private Partnership (PPP) road construction projects in Northern Greece. These projects, with a total budget of approximately 693.5 million EUR, involve upgrading the Thessaloniki-Edessa road section and constructing a new corridor between Drama and the Amphipoli area. Following this announcement, the company’s stock saw a controlled market response, closing at 44.52 EUR.
Entities
GEK TERNA · Thessaloniki · Amphipoli · Drama · Edessa
Timeline
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7 days ago
[BUSINESS] 2 sourcesGEK Terna selected for 693.5 million EUR road projects in GreeceGEK Terna has been named the preliminary partner for two road infrastructure PPP projects in Northern Greece, totaling approximately 693.5 million EUR.
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28 days ago
[BUSINESS] 3 sourcesGEK Terna distributes 1.11 million shares to 42 executivesGEK Terna distributed 1.11 million treasury shares, valued at approximately €48.9 million, to 42 executives following the achievement of performance targets.
Sources
ad-hoc-news.de · it-boltwise.de