INTRAKAT and INTRACOM TELECOM undertook in joint venture the construction of the telecommunication system of natural gas transmission system for the Public Gas Corporation of Greece (DEPA). The total budget of the project amounts to € 3.17 mil.
INTRAKAT and INTRACOM TELECOM participate in the joint venture with 70% and 30% respectively. The project, called "Detailed Engineering, Procurement Construction and Integration Works for Telecommunication System of Natural Gas Transmission System in Greece", is estimated to be completed by the end of 2007.
The agreement includes all necessary requirements for the Telecommunication Systems of the Natural Gas Transmission System, consisting of the engineering works, the procurement of all necessary materials and devices and the construction, installation, commissioning and integration of the designed Telecommunication Systems. Works will take place at:
Founded in 1987, INTRAKAT is a member of INTRACOM HOLDINGS group of companies. Since November 1999, the company holds a 6th class contractor's certificate of the Register of Contractor Companies , in November 2001 it was listed in the Athens Stock Exchange, while in 2005 it proceeded with the merger with absorption of INTRAMET (steel structures company). INTRAKAT has extensive experience and advanced know-how in the fields of constructions of technical projects, steel structure and telecommunication infrastructure projects. Over the past 20 years, the company implements public and private technical projects regarding: building works, infrastructure projects, advanced technology projects and telecommunications infrastructures, industrial and energy projects, E/M installations, steel structures, natural gas distribution projects and environment projects in Greece and abroad. INTRAKAT group employs 634 people.
INTRACOM TELECOM is a leading developer and producer of telecommunication systems as well as supplier of integrated solutions and professional services to fixed, wireless and mobile operators in the EEMEA region. Over 100 customers in more than 50 countries choose INTRACOM TELECOM for its state-of-the-art products and solutions. INTRACOM TELECOM has 2,600 employees, operates subsidiaries in 12 countries and is amongst the largest European companies leading in R&D investments. Since June 2006, INTRACOM TELECOM is controlled by JSC SITRONICS (Russia) with 51%. JSC SITRONICS is the technology subsidiary of JSFC SISTEMA, the largest consumer services company in Central and Eastern Europe. INTRACOM HOLDINGS Group (Greece) retains a 49% stake.