GEK Terna Advances Infrastructure Projects in Greece, Including Major Road and Airport Developments
HYDRO POWERFLOW CONTROL
GEK Terna, led by George Peristeris, is completing significant investments in Greece, including the development of the second largest airport in Kastelli, Crete, and a branded Integrated Resort Complex in Ellinikon with Hard Rock, totaling €1.5 billion. The company also holds a 40% stake in the Northern Road Axis of Crete (VOAK) and has a project backlog of €9 billion. Following a merger with Motor Oil, GEK Terna will become the second largest electricity producer in Greece, contributing €5.9 billion to GDP.

Feb 10, 2026, 4:01 PM