11
Despite the persevering challenges in the local
environment, METKA followed a positive course
throughout 2013, maintaining healthy fundamen-
tals and achieving strong performance in all ar-
eas. Through the consistent implementation of a
solid business strategy, the company continued to
expand its international portfolio, consolidating its
presence in the EPC market of the Mediterranean
and Middle East regions. The company’s strong
performance and resilience is reflected in its 2013
financial results, which showcase its economic
stability and the
EPC Projects Sector
future per-
spectives.
In the domestic market, demand for electricity in
2013 continued to be negatively affected by the weak
economic conditions and posted an annual decline of
3.7% from the previous year.
At the same time, considerable delays as regards the
market liberalisation process persist, in terms of the
entry of private producers in the retail market, as well
as in terms of their access to base units. The Group,
following the completion of the first phase of its 1.2
GW investment plan in thermal plants, has been es-
tablished as the second largest energy player after
PPC, with a significant share of its turnover and core
profitability now coming from the
Energy Sector.
•
2.500
employees
•
Listed on the ATHEX
•
Dominant
independent energy
producer in Greece
•
1,2 GW
from thermal
plants already in full operation
•
130 MW
from RES plants
in operation by the end of 2015
•
Strong, competitive
European Heavy Industry Group
in Energy, Metallurgy and Construction
•
Turnover – 2013:
€ 1,403
million
•
EBITDA – 2013:
€ 231,9
million
•
Net Profit – 2013:
€ 22,5
million
MYTILINEOS GROUP at a glance