Tuesday, 17 October 2023 17:47

Press Release - Assessment of the notified concentration which concerns the acquisition of sole control over “AKTOR SA” by “INTRAKAT SA”

Subject: Assessment of the notified concentration which concerns the acquisition of sole control over “AKTOR SA” by “INTRAKAT SA”

The Plenary Session of the Hellenic Competition Commission (HCC) will convene on Wednesday, November 1st, 2023, to assess, according to Article 8 of Law 3959/2011, following a phase II investigation and the Rapporteur’s Opinion, the notified concentration which concerns the acquisition of exclusive control over " AKTOR SA" from "INTRAKAT SA". 

Listed on the Athens Stock Exchange, INTRAKAT SA is INTRAKAT Group’s parent company. The Group is active in the construction, IT, waste management, real estate development and renewable energy sectors. 

AKTOR is a member of the ELLAKTOR Group of companies. AKTOR and its subsidiaries’ main activities include infrastructure, building and industrial construction, aggregates production and facility management services. 

According to the Rapporteur’s Opinion, the concentration does not significantly impede effective competition in the relevant markets it concerns, and therefore the Rapporteur proposes that the concentration is approved by the HCC. 

The Rapporteur’s Proposal is not binding; the HCC will decide upon the case after considering the data and information presented during the evidentiary process (oral hearing) as well as the opinions of all parties involved.

Related items

  • Press Release – Clearance of the notified concentration which concerns the acquisition of sole control over AKTOR SA by INTRAKAT SA

    Subject: Clearance of the notified concentration which concerns the acquisition of sole control over “AKTOR SA” by “INTRAKAT SA” 

  • Decision 642/2017

    Settlement Procedure - Decision on the ex-officio investigation concerning tenders for contracts in public infrastructure projects, in particular road construction, modernization and upgrading of roads, construction of new highways, transport projects (metro / OSE / airports / ports), as indicated in the following projects: a) Railway Line Stations, section Kiato-Rododafni, b) section Rododafni - Psathopyrgos (Panagopoulas Tunnel), c) Kallidromou Tunnel, d) Tithorea - Domokos (Residual Infrastructure-Superstructure-Electromobility), e) Egnatia Odos: Derveni-Serres-Promaxonas, f) Egnatia Odos: Section Koromilia - Krystallopigi, g) Egnatia Odos: Vertical Axis Florina - Niki, h) Attiko Metro / Thessaloniki Metro, i) Neos Limenas Patron-3rd Section-A phase, j) Egnatia Odos: Completion Works of section Panagia-Grevena, k) Egnatia Odos: Completion Works from Sellon Junction-Metsovo Tunnel, l) Egnatia Odos: Completion Works from Metsovo Tunnel - Panagia Junction, in order to determine whether there is an infringement of Article 1 of Law 3959/2011 (on the “Protection of Free Competition”) and/or Article 101 TFEU.

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