- Full Time Employees
- 5
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Athens Greece
- IPO Date
- Dec 16, 1993
- Business
- Proodeftiki Technical Company S.A. is a Greece-based civil engineering and construction enterprise engaged in the development, execution, and management of large-scale public and private infrastructure, building, and energy projects. The company provides end-to-end contracting, construction, and engineering services organized across multiple technical segments; transportation infrastructure, including highways, motorways, road networks, asphalt paving, bridges, viaducts, interchanges, and railway systems; hydraulic and marine engineering, encompassing water supply networks, irrigation systems, dams, reservoirs, flood control works, harbor facilities, coastal protection, and wastewater treatment plants; underground and specialized civil works, including road and railway tunnels, heavy earthworks, and geotechnical engineering; building construction, comprising commercial centers, administrative facilities, industrial plants, residential complexes, and public institutional buildings; and project lifecycle services, including architectural and structural engineering, technical consulting, and construction supervision. Proodeftiki Technical Company S.A. caters primarily to government ministries, regional and municipal authorities, public utilities, and private developers across Greece, while historically maintaining an operational footprint in Southeastern European markets such as Romania and Bulgaria. In recent developments, the company has initiated a strategic transition toward green energy, expanding its business scope to include the development, construction, and operation of renewable energy source (RES) projects, particularly utility-scale photovoltaic solar parks. To fund its strategic initiatives, working capital needs, and operational revitalization, the company entered into a capital commitment and equity financing agreement of up to 20 million euros with international investment group LDA Capital Ltd. In addition, the organization has been implementing corporate restructuring, shareholder realignments, and operational normalization procedures to optimize its asset portfolio and resolve regulatory compliance matters on the Athens Exchange. Founded in 1960, Proodeftiki Technical Company S.A. is headquartered in Athens, Greece.