Εταιρικό Προφίλ

Εταιρικό προφίλ

Στο πλαίσιο συμπλήρωσης το 2009 εξήντα (60) ετών συνεχούς και αδιάλειπτης λειτουργίας της εταιρίας στον κατασκευαστικό χώρο, το 2008 και το 2009 αποτέλεσαν για τον Όμιλο ΑΕΓΕΚ περίοδο γενικότερης αναδιοργάνωσης.

Η Εταιρία, εντός της χρήσης 2009, ολοκλήρωσε το επενδυτικό σχέδιο, το οποίο ενέκρινε η Γενική Συνέλευση των μετόχων της 20.09.2008, στο πλαίσιο της από 26.06.2008 συμφωνίας με την ΑΕΓΕΚ ΚΑΤΑΣΚΕΥΑΣΤΙΚΗ Α.Ε., τις πιστώτριες τράπεζες και τον επιχειρηματία κ. Ιωάννη Μαρούλη για την απόκτηση από την εταιρία ΠΡΟΜΑΧΟΣ Α.Ε., συμφερόντων του τελευταίου, ποσοστού μέχρι του 1/3 των μετοχών της ΑΕΓΕΚ και του 80% των μετοχών της θυγατρικής εταιρίας ΑΕΓΕΚ ΚΑΤΑΣΚΕΥΑΣΤΙΚΗ Α.Ε.

Οι συμβάσεις παραχώρησης αποτελούν αυτόνομο συμβατικό τύπο εκτέλεσης έργων υποδομών στον τομέα των δημοσίων έργων , ο οποίος αναπτύχθηκε ιδιαίτερα την τελευταία εικοσαετία.

Ειδικότερα, όσον αφορά τη δραστηριοποίηση του Ομίλου στον τομέα παραχωρήσεων, οι συμμετοχές της Εταιρίας σε εταιρίες έργων παραχώρησης και εταιρίες εκμετάλλευσης έργων παραχώρησης είναι οι ακόλουθες :

ΑΥΤΟΚΙΝΗΤΟΔΡΟΜΟΣ ΑΙΓΑΙΟΥ Α.Ε
ΑΘΗΝΑΪΚΟΙ ΣΤΑΘΜΟΙ ΑΥΤΟΚΙΝΗΤΩΝ
SMYRNI PARK Α.Ε
POLISPARK AE
METROPOLITAN ATHENS PARK AE
SALONICA PARK AE

Company’s profile

In 2009 the company celebrates its 60-year anniversary in the construction field, boasting continuous and uninterrupted operation throughout all those years, which is why the year 2008 constituted a period of general re-organisation for AEGEK Group.

To be more specific, within the first half of financial year 2008, the Company sought to respond to the new reorganisation tendency of construction companies, both in domestic terms as well as internationally, relating to the establishment of holding companies, and within the framework of the general financial and organisational restructuring of the Group, for the improvement of its structure and the attraction of new funds, it proceeded to the spin-off of its construction sector and its transfor to company AEGEK CONSTRUCTION S.A. (former EDAFOSTATIKI).

On 26.06.2008, the company reached an agreement with EGEK CONSTRUCTION S.A., creditor banks and Mr. Ioannis Maroulis, businessman, on the subject of the acquisition by company PROMACHOS S.A., controlled by such businessman, of up to 1/3 of the shares of AEGEK and 80% of the shares of subsidiary AEGEK CONSTRUCTION S.A.:

Within the scope of the aforementioned agreement, the following events took place within the second half of financial year 2008:

(a) Share capital increase of the Company, which was partially covered (at a percentage of 99.93%) on 7.11.2008, by the amount of € 75,216,779.50, by cash settlement and abolishment of the preemption right of existing shareholders in favour of creditor banks, for the payment of AEGEK’s bank liabilities.

(b) Successive share capital increases by company AEGEK CONSTRUCTION S.A., which raised funds of a total amount of approximately € 94.00 million, by cash settlement and full coverage of such increases by AEGEK.

(c) Transfer from AEGEK to company PROMACHOS S.A., of a package of 66,000,000 shares of company AEGEK CONSTRUCTION S.A., owned by AEGEK, at the price of €20,000,000.00 so that, once the transaction is completed, companies AEGEK and PROMACHOS S.A. will be the sole shareholders of such company, each holding a percentage of 20% and 80% respectively.

(d) Issuance of a common debenture loan of subsidiary AEGEK CONSTRUCTION S.A., amounting to € 60 million, for the refinancing of existing bank loans as well as the funding of the company’s general business plans, according to the granting and securing terms which are typical with such contracts, including the provision of the corporate guarantee of AEGEK, under the provisions of article 23a, par. 1b of C.L. 2190/1920.

(e) Transfer of certain assets, owned by AEGEK, and allocation of their consideration for the settlement of bank liabilities, along with (i) lifting of existing construction liens in favour of creditor banks against the rest of the assets of companies AEGEK and AEGEK CONSTRUCTION S.A., which remain with such companies, as well as (ii) lifting of pledges on holdings of companies AEGEK and AEGEK CONSTRUCTION S.A. The actions directly listed hereinabove are in progress and their completion is expected within the first half of 2009, since time-consuming bureaucratic procedures made their completion impossible within the first quarter of 2009, according to the original time-frame.

The implementation of the aforementioned will contribute to the consolidation of the financial position of companies AEGEK and AEGEK CONSTRUCTION S.A., it will significantly enhance their role in the construction, holdings and concession sectors, therefore essentially improving their long-term prospects, by achieving scale economies and creating a solid and healthy base for profitable development in Greece and abroad.

The scope of activities of the Company, following the aforementioned spin-off and the transfer of its construction sector, mainly relates to the concession sector, realty development and the provision of consulting, support and technical services on project management issues, by making use of its know-how in the construction of projects.

Concession agreements “Concessions” constitute an autonomous type of agreements used to carry out infrastructure projects in the field of public works, which has evolved particularly over the last twenty years.

To be more specific, regarding the Group’s activities in the field of concessions, the Company’s holdings in companies active in concession projects and in companies active in concession projects exploitation are the following:

AEGEAN MOTORWAY S.A.
ATHENS CAR PARKING STATIONS S.A.
SMYRNI PARK S.A
POLISPARK S.A.