Michaniki

MICHANIKI S.A. is the parent company of MICHANIKI Group of Companies. It engages with the construction of major infrastructure and building projects like highways, bridges and tunnels as well as in the construction of building complexes for various purposes. Over its 32-year history of operations MICHANIKI has delivered a number of significant infr... astructure projects that stand out for the introduction of major technical innovations. Apart from MICHANIKI S.A., the parent company that holds the highest certificate for public works in Greece, THOLOS S.A. is a 100% subsidiary company that bids for smaller public projects and strengthens the Group's market share in construction works. In 2006-2007 MICHANIKI continued to strengthen its market position and increased its market share in infrastructure works by undertaking high budget public works and selected private projects. MICHANIKI is classified within the top construction companies in a broad range of infrastructure projects that set off the qualitative characteristics and the company's know-how to the Greek market. It is important to note that since the implementation of free market principles and transparency in the procedures of public work tenders, MICHANIKI has undertaken several infrastructure projects and the backlog of unexecuted works have reached high expectation levels. More specifically, on 31.12.2006 the backlog of unexecuted works from signed contracts of MICHANIKI S.A. and THOLOS S.A. reached the amount of 450 million euros.Read More