Railway: One-Year Extension to the Larissa - Volos Project
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The Minister of Infrastructure and Transport, Mr. Chrys. Dimas, decided to approve a 12-month extension for the completion of the project "Restoration of the single railway line between Larissa and Volos after the natural disasters ''Daniel'' and ''Elias''", contractor "AKTOR S.A." (AKTOR group), following the submission of a relevant request by the construction company, which cited a number of reasons that brought difficulties and...
The approval of granting an extension of 12 months for the completion of the project "Restoration of the single railway line Larissa - Volos after the natural disasters ''Daniel'' and ''Elias''", contractor "AKTOR S.A." (group [...]
This is a project with a budget of 140.64 million euros, excluding VAT, with the relevant contract having been signed on April 28, 2025 and a contractual discount of 4%. A 12-month extension, until July 28, 2027, is granted to Aktor for the completion of the rehabilitation works of the Larissa-Volos railway line, with the ministry holding the construction company responsible for 203 out of the total 365 days of the extension. The relevant decisi…
For what reasons did the contractor AKTOR request additional time for the restoration works of the single railway line between Larissa and Volos after the Daniel and Elias disasters? How much time did he request, how much did the Ministry of Infrastructure give, how did we reach 365 days? What is the project?
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e-thessalia.grThe... dance of railway extensions begins
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