Ellaktor (HLL) Price & Analysis

Ellaktor S.A. is a diversified Greek conglomerate with a broad international reach, conducting operations across Greece, other parts of Europe, Gulf states, the Americas, and Australia. The company's business is structured into five primary segments: construction and quarrying, concession management, renewable energy sources, environmental services, and real estate development. Its construction activities cover a vast array of projects, from large-scale infrastructure like bridges, motorways, metro systems, railways, tunnels, dams, and port facilities, to industrial ventures such as refineries and biological treatment plants. Ellaktor also builds commercial and residential properties, including shopping centers, casinos, hotels, cultural venues, hospitals, airports, and various office, logistics, and educational complexes. The environmental division focuses on comprehensive waste management solutions, encompassing the design, construction, and operation of treatment facilities, as well as the production of alternative fuels and the utilization of biomass. In the renewable energy sector, the company actively develops, constructs, and operates wind farms. Ellaktor's real estate arm is responsible for developing a wide range of properties, from retail parks and entertainment centers to residential complexes, exhibition spaces, and mixed-use buildings, also offering related consultancy services. Previously operating as ELLINIKI TECHNODOMIKI TEB SA, the company adopted the name Ellaktor S.A. in 2008. Its headquarters are located in Athens, Greece.