Construction group Avax plans to invest some €450 million by the end of the decade to diversify its activities, with emphasis placed on public-private partnerships, energy and properties.
Construction group Avax plans to invest some €450 million by the end of the decade to diversify its activities, with emphasis placed on public-private partnerships, energy and properties.
The goall is to reach €150m in operating profit (EBITDA), with over 40% of that generated by activities other than construction.
The company wants to raise some €800 million to the end of the decade; other than investments, €240 million will go toward loan repayments and €110 million toward new equipment.
The strategy, presented at the company’s annual general meeting, focuses on diversification into concessions, real estate and…
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The investment plan, scheduled for 2026-2030, includes 455 million euros in production investments and represents the Greek…
