Him November 2024 it will be cut first ticket of the Thessaloniki Metrosaid its vice president and CEO Intrakat, Mr. Alexandros Exarchou in a meeting with journalists.

According to Mr. Exarchou, the construction part has been completed in its entirety. The project is now at the stage of installing the electromechanical. “We have placed the orders for the electromechanical, we have paid and now we are moving to the installation stage,” he said characteristically. As soon as the electromechanical cycle is completed, test routes will begin with all systems in operation, which will also mean the countdown to its commercial operation.

It is worth pointing out that a few hours after the completion of the acquisition of Aktor by Intrakat, Mr. Exarchou immediately visited the co-capital in order to be informed about the status of the project and to accelerate the completion of the Thessaloniki Metro, so that it could be put into operation trajectory of completion and to be delivered on time to the Greek State.

The Intrakat Group, as revealed by Intrakat’s vice-president and CEO, Mr. Alexandros Exarchou, provided vital capital liquidity of 85 million euros to Aktor after the acquisition, in order to smoothly cover all the company’s current obligations. It is an amount that was already pre-estimated and is to be fully recovered by the Group.

At the same time, Mr. Exarchou ruled out the possibility of a new capital increase in Intrakat, at least for the next six months, emphasizing that according to the present data there is no such need for new capital reinforcement, while he spoke of two new business moves of the Group that will take place until the end of the year, refusing however to reveal what they are about. From there, he pointed out that the Group now, having the absolute know-how for any type of project, from infrastructure, flood control to bridges and roads, aims to participate in every tender that it judges that it can process and come out with a profit.

Intrakat and Aktor have a cumulative backlog of close to 5 billion euros and the goal is to “run” the projects, with an emphasis on Greece and Romania, which are the two leading countries. Regarding Romania, in particular, he emphasized that the Group will move aggressively from now on in claiming new infrastructure projects, aiming for a backlog that will reach the level of 2.5 billion euros. He also noted that currently no new acquisitions will proceed in either of the two markets (Greece and Romania) that interest the Intrakat Group.

Finally, when asked if Intrakat is going to turn to Balkan markets, he ruled out such a possibility.