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Wednesday, 8 November 2006


+++ Private projects contracts of euro 5.25 mil. for INTRAKAT +++

During the past few weeks, INTRAKAT undertook private projects amounting to euro5.25 mil. by signing three new contracts with the companies "Ñ.Í.Ì. DEVELOPMENT S.A." and " ÔÅÍÉ S.A.".

The first contract, amounting to euro 2.22 mil., signed with the company "Ñ.Í.Ì. DEVELOPMENT S.A." involves the construction of the project "New seven-storey Office Building with a store on the ground floor, two basements and roof" on a property owned by the employer at Kondili Coast in Piraeus. The project will be completed within 2007.

Moreover, INTRAKAT signed two contracts of euro 3.03 mil. for the execution of additional works for the project "Completion of a Parking Station with four basements and the construction of a seven-storey office building", which was undertaken in 2005, on behalf of the company "ÔÅÍÉ S.A.".

Regarding INTRAKAT:
INTRAKAT was established in 1987 and is a member of INTRACOM HOLDINGS group of companies. Since November 1999, the company holds a 6th class contractor's certificate of the Register of Contractor Companies , in November 2001 it was listed in the Athens Stock Exchange, while in 2005 it proceeded with the merger with absorption of INTRAMET (steel structures company). INTRAKAT has extensive experience and advanced know-how in the fields of constructions of technical projects, steel structure and telecommunication infrastructure projects. Over the past 20 years, the company implements public and private technical projects regarding : building works, infrastructure projects, advanced technology projects and telecommunications infrastructures, industrial and energy projects, E/M installations, steel structures, natural gas distribution projects and environment projects in Greece and abroad. INTRAKAT group employs 634 people.