Company profile tes sa

32
ΤΕΧΝΙΚΗ ΕΤΑΙΡΙΑ ΣΕΡΡΩΝ Τ.Ε.Σ. Α.Ε. TECHNICAL COMPANY OF SERRES T.E.S. S.A. ΕΝΗΜΕΡΩΤΙΚΟ ΔΕΛΤΙΟ COMPANY PROFILE ΙΑΝΟΥΑΡΙΟΣ 2015 JANUARY 2015

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Transcript of Company profile tes sa

Page 1: Company profile tes sa

ΤΕΧΝΙΚΗ ΕΤΑΙΡΙΑ ΣΕΡΡΩΝ

Τ.Ε.Σ. Α.Ε. TECHNICAL COMPANY OF SERRES

T.E.S. S.A.

ΕΝΗΜΕΡΩΤΙΚΟ ΔΕΛΤΙΟ

COMPANY PROFILE

ΙΑΝΟΥΑΡΙΟΣ 2015

JANUARY 2015

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T.E.S. S.A. - COMPANY PROFILE 2015

INDEX

1. INFORMATION ABOUT THE STRUCTURE

OF THE PROFILE BROCHURE

2. INFORMATION ABOUT THE COMPANY

2.1. General information – Activities object

2.2. Activities of the company till today

2.2.1. Works under construction

2.3. Real –Estate – Equipment – Technical

installations –Transport means – Misc.

equipment

2.4. Environmental Management of

Pollutants

2.5.1. Employed staff

2.5.2. Safety at work

2.6. Share holders

2.7. Administration - Personnel

2.8. Group Structure

2.9. Related companies

2.10. In consortia

3. THE CONSTRUCTION SECTOR AND ITS

TREND IN GREECE

3.1. Generally

3.2. Licenses

4. FINANCIAL DATA ANALYSIS

4.1. Turnover - Results

4.2. Financial data of the company

4.3. Banks

5. FORECASTS – OBJECTIVES AND

PERSPECTIVES

6. CERTIFICATES ISO 9001:2008

7. CERTIFICATE OF ICAP

8. Significant works during the period

1980-2014 (already executed)

page

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1. INFORMATION ABOUT THE STRUCTURE OF THE

PROFILE BROCHURE

This Company Profile Brochure includes

all the information which is necessary for all of

our “FRIENDLY COLLEAGUES", Banks, Ministries,

Legal Entilies under Private Law etc., concerning

the activities and financial situation, the

results and perspectives of the Technical

Company of Serres (T.E.S. S.A.).

For additional information, concerned

persons may call our offices during our

working hours and days:

Headquarters:

12, D.Solomou str. Serres

Phone: (30)2321068220-3

Fax: (30)2321068224

Βranch office:

170, K.Karamanlis av. Thessaloniki

Phone: (30)2310328806

Fax: (30)2310328858

The responsibility for the accuracy of the

information included in this document belongs

to:

a) Mr. Christos Besiris , President of

the board of directory of T.E.S. S.A., resident of

Serres.

b) Mr. Naoum Passias, Vice-President

of the board of directory of T.E.S. S.A. and

executive manager, resident of Serres.

The board of directory of the company

and the authors of the present document

certify retaining the responsibility, that:

a) All information and facts included in this

document are complete and true.

b) There are no judicial disputes or

arbitrations which might provoke significant

alterations to the character of the company.

3 National Bank of Greece

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PH.01 National Bank of Greece

2. INFORMATION ABOUT THE COMPANY

2.1 GENERAL INFORMATION-

ACTIVITIES OBJECT

T.E.S. S.A. was established in 1980

(Gazette 1088/25.4.1980 special issue for S.A.)

The Company's headquarters are

located in the municipality of Serres - 12,

Dion.Solomou str., occupying an area of 462

sq.m. which belongs to the main shareholders of

the company. There is also a branch office in

Thessalonica, at 170 Konstantinou Karamanli

Avenue, occupying a five - floors building

(1.200sq.m) privately owned.

The central repair shops of the proprietary

mechanical equipment are situated in Christos

(Serres district), occupying an area of 22.500 m2

privately owned by the Company, though there

are worksites in Skoutari - Serres (12.000m2),

Dimitra - Serres (12.500m2) and in Chrisoupoli

Kavala (7.000 m2) with their concrete production

installations. Moreover there are sites in

Alexandroupoli (6.000m2), in Kilkis (4.000m2) and

in Agria Volou (5.500m2) which serve the branch

office needs.

The duration of the Company, in

accordance with the article 4 of the

memorandum of association, is specified in 99

years.

The initial capital of the company

amounted to 19.200.000 drs. and divided into

19.200 registered shares of a nominal value 1.000

drs. each.

In accordance with the article 4

paragraph 2 of the Gazette 2704/9.11.1987, the

company's target includes: the undertaking and

execution of any kind of technical works of the

Greek State or the legal entities under public

law, organizations operating under whatever

kind of public or private law, organizations of

local government or public corporation either

directly as a contractor or a participator to any

kind of company or consortia charged to

execute such works, participating to any kind of

call for proposals or auctions for their assumption

in order to serve the goals of the company and

to collaborate with any legal entity or natural

person in one way or another.

Also one of the targets of the company is

the activation in the section of Real Estate,

which is:

A. The development and the utilization of the

landed property (land, buildings etc.) (PROPERTY

DEVELOPMENT).

4 Road from Thessaloniki to Strimona. Widening of the road part from Strimona to Asprovalta

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PH.01 National Bank of Greece

B. The management of the Real Estate

and provision of services (PROPERTY

MANAGEMENT).

C. Construction and management of

parking area.

From January 2004, the Company has

implemented and maintains a Quality

Management System of the standard ISO

9001:2008.

2.2 ACTIVITY OF THE COMPANY TILL

TODAY

During the decade 1980 – 1990, the

activity of the Company has developed in the

departments of Serres, Drama, Kavala and

Thessalonica.

After 1990, its activity has gradually

expanded across the country.

Today the Company covers all the activity

sectors of the significant Infrastructure Public

Works and the Private Finance Projects.

Especially during the period 1990 – 2014,

the Company has vigorously developed after

the construction of highways and bridges

(Thessaloniki – Kavala, Kavala – Serres, Serres -

Kilkis, Thessaloniki - N.Moudania, over crossing at

the railroad station of Strimona, Ring road of

Nigrita, Thessalonica – Promahonas (I.R. Greece

– Bulgaria e.t.c.),improvement projects at Pheres

(department of Evros), improvement projects at

Skoutari (department of Serres, Adelfiko Serron,

Irrigation Network Western Plain Nestos Kavala

e.t.c.) and railway works to the part from

Thessalonica to Alexandroupolis, Kalamata –

Andritsa – Megalopoli Peloponnesus and

industrial Area of Thessalonica, S.S.Doirani –

S.S.Kastanousa, maintaining existing railway lines,

in Hydraulic and sanitation works (replace

Hydraulic net of Serres e.t.c.). Particularly our

company constructs sewerage networks using

the method of vacuum networks (Scoutari &

Mitrousi in Serres. In the meanwhile, the

Company expanded its activity to the building

sector with the construction of a part of the

Kaftantzoglio stadium in Thessaloniki, the

Technical Institution of Sidirokastro, the Customs -

Chemistry House of Serres, the Medical Center

for Chronic Diseases in Nigrita (Serres district), the

Bank of Piraeus in Serres, a part of the National

Bank and likewise a construction of 40 blocks of

flats offices and shops in the private sector.

5 Complementary construction works of the N.R. Serres – Promahona from 0+000 to 8+000

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PH.01 National Bank of Greece

During the last two years, the Company

developed a close co-operation with big foreign

technical Companies participating at auctions

of great scale works in Greece: Natural Gas

Pipeline, Thessaloniki Subway, Wastewater

treatment installation of the municipality of

Serres, Egnatia Road, Railway Axis.

The company has always remained loyal to the

values of quality and organization in order to

achieve the best quality in its works and follows

the quality management system 9001:2008 in all

its activities. The successful application of this

system is certified by the official German

administrator of quality management D.Q.S. and

the international one I.Q.net.

6 Irrigation project at Skoutari . Department of Serres

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2.2.1 Works under construction

RAILWAY MAINTENANCE IN THE

AREA OF JURISDICTION OF THE

SECTION D RAILWAY OF

ALEXANDROUPOLI (Contr. no 927).

RAILWAY MAINTENANCE IN THE

AREA OF JURISDICTION OF THE

SECTION C RAILWAY OF DRAMA

(Contr. no 2188).

ELECTRICITY NETWORKS IN ALEXANDROUPOLI (Contract no

187/2102122 COMPLETION OF IRRIGATION

NETWORK NESTOS WEST

PLAIN IN KAVALA

CONSTRUCTION OF INTERNAL

SEWERAGE NETWORK WITH THE

METHOD OF NETWORK SPACE

IN MITROUSI AND IN SKOUTARI (SERRES)

ELECTRICITY NETWORKS IN KILKIS

(Contract no 187/2102134)

SEWERAGE WASTEWATER IN

AGRIA (VOLOS)

PRESERVATION OF RAILWAY ADRITSA–

KALAMATA, ZEUGOLATIOU–

KALONERO & LEUKTROU–

MEGALOPOLIS (PELOPONNESUS) ON

TRAFFIC

Ε

Ε Ε

Ε Ε Ε

Ε - T.E.S. S.A. SITES

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2.3 REAL ESTATE EQUIPMENT

A. REAL ESTATE

"T.E.S." S.A. is the owner of the following real

estate, the current value of which is estimated to

four million euro.

1) Offices on the 5th floor of a building situated in

Serres, 12, Dionisiou Solomou str., covering a

surface area of 427 sq.m. where the

Company is headquartered, valued at

675.000,00€.

2) A stadium of 16.312 sq.m. at Christos (Serres

district) with covered warehouses and repair

shops of 720 sq.m., valued at 150.000,00€.

3) A five-storey office building at 170,

Konstantinou Karamanli avenue in Thessalonica,

covering a surface area 1.200 sq.m., valued at

3.175.000,00€.

The branch office of the company Konst.Karamanli Avenue in Thessaloniki 8

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2.000.000 €

2.500.000 €

3.000.000 €

3.500.000 €

4.000.000 €

4.500.000 €

5.000.000 €

5.500.000 €

6.000.000 €

6.500.000 €

7.000.000 €

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

9 Step-up of railroad Thessaloniki-Alexandroupoli between R.S.Doirani and R.S.Kastanousa

table with total value of the equipment

B. EQUIPMENT

"T.E.S." S.A. uses proprietary mechanical

equipment, always completing the undertaken

works.

The mechanical equipment, that the

Company possesses today, is described in the

following tables.

The total value of the equipment, included

in the tables, is more than 6.970.000,00€.

During the period 2002-2012, the Company

has been equipped with mechanical equipment

of 4.000.000€.

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Α/Α DESCRIPTION MAKER PIECES

1 LOADERS CATERPILLAR/

INTERNATIONAL 10

2 EXCAVATORS LIEBHERR 12

3 GRADERS CATERPILLAR /

HUBER 4

4 VIBRATING ROAD ROLLERS DYNAPAC/BOMAC/WELLER 5

5 STATIC ROAD ROLLERS HAMM / GALION 3

6 DUMP TRUCKS MERCEDES 44

7 VAN MAZDA / FORD 8

8 ΙNERT MATERIAL PRODUCTION

INSTALLATIONS(QUARRY) 1

9 CONCRETE PRODUCTION

INSTALLATIONS GIRAFFE-ORU / MANDVILLE 3

10 CONCRETE TRANSPORTATION

MIXERS MERCEDES / MAGIRUS DEUTZ 9

11 CONCRETE PUMPS MERCEDES 1

12 CHANNEL CONCRETE

SPEADING UNIT POWER CURBER 2

13 ASPHALTIC CONCRETE

PRODUCTION INSTALLATIONS WIBAN 1

14 ASPHALTIC CONCRETE

SPREADING MACHINERY VOGELLE 2

15 ASPHALTIC SOLUTION

SPREADING MACHINERY FIAT 1

16 CONSTRUCTION CRANES-

CONSTRUCTION ELEVATORS VOLVO/KAZAM 2

17 AIR-COMPRESSORS LME 3

18 BUSES MERCEDES/FORD TRANSIT 9

19 VEHICLES WITH TRAILERS MERCEDES 3

20 WATER TRANSPORTATION

VEHICLES MERCEDES 2

21 MISC. VEHICLES (PASSENGER

CARS)

FORD/MAZDA/RENAULT/

CHEROKEE/VITARA 11

22 FUEL TRANSPORTATION

VEHICLES MERCEDES 2

23 VEHICLES – MACHINERY REPAIR

SHOPS 5

24 PILE DRIVER AUF O&K 1

WEIGH – BRIDGE 1

TOPOGRAPHICAL EQUIPMENT 4

GEO-STATION GPS 1

MISC. COMMUN SPEC. &

AUXILIARY EQUIPMENT

Rail road tamping machine Plasser & Theurer 2

Diesel rail locomotives 2

Rail Welding machine 1

Layer of preassembled track

sections PKP 2

Expanding of canal 5K Maurothalassa-Ahino from 59+418km to 63+000km 10

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T.E.S. S.A. - COMPANY PROFILE 2015

2.4 ENVIRONMENTAL MANAGEMENT OF POLLUTANTS

WASTE MANAGEMENT

T.E.S. SA has the no. 8045/09.25.2014

permission of the Department of

Environmental and Spatial Planning of the

Decentralized Administration of

Macedonia – Thrace for the management

(collection - transfer) non-hazardous waste.

The company, with environmental

awareness, implement complete

management of excavated material and

demolition in the works. Moreover recycles

the majority of the waste (lubricants, tires

etc.).

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T.E.S. S.A. - COMPANY PROFILE 2015

-25-

2.5.1 EMPLOYED STAFF

“T.E.S.” S.A. occupies selected administrative and technical

personnel.

Competencies and employees’ number vary according to the nature of

the works. A summary table of the personnel’s composition during the

last four years is presented below.

SPECIALITY 2010 2011 2012 2013 2014

Civil Engineers 12 12 12 12 12

Topographical

Engineers

4 4 4 4 4

Mech. - Electric.

Engineers

2 2 2 2 2

Architects Engineers 1 1 1 1 1

Technicians 4 4 4 4 4

Administrative

employees

9 9 9 8 9

Foremen - Draftsmen 5 5 4 4 5

Drivers 44 40 37 34 42

Operators 36 33 29 25 33

Workers 70 67 63 56 69

Repair shop mechanics 11 8 8 6 7

Laboratorials 1 1 1 1 1

Legal advisers -

Attorneys

5 5 4 4 5

Topographical Assistants 4 4 4 4 4

Total 210 195 182 165 198

Manhours 504.000 396.000 370.000 335.000 520.000

2.5.2 Safety at work

For the company safety at work has a leading role, as a result there

was no serious accident during the years 2012-2014.

Preservation of railroad at province of Drama

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Conjunctive roads and nodes to sanitary landfills and waste transfer locations of Serres

2.6 SHARE HOLDERS

The company’s share holders are:

Mr. Christos Besiris

Mr. Naoum Passias

Civil Engineers

2.7 ADMINISTRATION – PERSONNEL

The board of Directors, after its new

formation according to the resolution of the

previous board, which assembled on the 30th of

June 2010 on this purpose, consists of the

following (Gazette 12435/30.06.2010):

Christos I. Besiris

President and Legal Representative of the

Company (resident of Serres, 12, D. Solomou str).

Naoum G. Passias

Vice-President and Legal Representative of the

Company (resident of Serres, 4, parodos

An.Chrisafi str).

Georgios A. Gaitatzis

Member (resident of Serres, 31-35, Sevastias str).

Nikolaos I. Gounis

Member (resident of Serres, 9, Phillipou str).

Magdalini Ch. Dalgali

Member (resident of Serres, 12, D. Solomou str).

Georgios Ch. Dalgalis

Member (resident of Serres, 12, D. Solomou str).

Ioannis A. Despotidis

Member (resident of Serres, 3, V.Konstantinou

str).

Christos N. Konstantas

Member (resident of Serres, 5, Str.Makrigianni str).

Constantinos Liousas

Member (resident of Serres, 13-17, Moudanion

str).

The term of the above Board of directors is for

five years (expiring on the 30.06.2015).

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Conjunctive roads and nodes to sanitary landfills and waste transfer locations of Serres

The Company is represented legally by the

President of the Board of Directors, Mr Christos

Besiris and the Vice-President of the Board of

Directors, Mr Naoum Passias, commonly or

separately.

The Company is managed by a hierarchy of

experienced executives, highly qualified and with

a strong bond among them, having a long service

in the company and vast experience in

construction and building works. The staff of the

company and the position of its members within

the company are as follows:

Christos Besiris

President of the Board of Directors, Civil Engineer,

with a vast experience in the administration of the

company and the supervision of works. Born at

Serres in 1944, he is one of the founders and main

shareholders of the company, holding his position

since 1980.

Naoum Passias

Vice-president of the Board of Directors and

Technical Manager, Civil Engineer with a 15 years-

old experience in the great scale works

administration and the international co-

operations of the Company. Born at Serres in 1948,

he is one of the founders and main shareholders of

the company, retaining his position since 1980.

Petros Tzintzis

Provisions Manager, responsible for the

maintenance of all the equipment and machinery

of the company, and for all the sites of works. He

was born at Domiros Serres in 1945 and holds this

position since 1980.

Nikolaos Gounis

Member of the Board of Directors, Civil Engineer

(assistant), Head of the department for the

preparation of tenders and contracts. He was

born at Serres in 1953 and holds his position since

1980.

Magdalini Dalgali

Member of the Board of Directors, Manager of

Building and Private Works. Architect Engineer with

a long experience in the projects of Building Works

and the construction of innovative buildings. She

was born at Serres in 1954, joined the company

staff in 1992 and assumed her current duties from

1922.

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The Customs - Chemistry House of Serres

Christos Nikas

Civil Engineer. Manager of the Execution of Works

and Costing with 20-years experience in the

administration and construction of big scale

technical works (Highways, Hydraulic, Bridge

Building etc). He was born at Serres in 1959 and

holds this position since 1984.

Christos Konstantas

Mechanical Electrical Engineer. Associate and

collaborator of T.E.S. S.A. since 2000. With 15-years

experience in rail projects and networks with the

vacuum method. Responsible ISO 9001:2008

company.

Giorgos Gaitatzis

Member of the Board of Directors, Civil engineer.

With 10-years of experience in irrigation and water

projects. Belongs to the company’s staff since

2002.

Ioannis Giantsios

Civil engineer. With 10-years experience in road

and building construction and in drainage works.

Belongs to the company‘s staff since 2007.

Anestis Teneketzis

Topographer engineer. Belongs to the company‘s

staff since 2007.

Gergios Dalgalis

Mechanical - Electrical Engineer. Associate and

collaborator of T.E.S. S.A. since 1986.

Despina Grigoriadou

Project Manager. Works in Procurement

Department. Belongs to the company‘s staff since

2005.

Konstantinos Liousas

Chief Accountant of the department of Finance

of the Company. Belongs to the company’s staff

since 1990.

Stergios Lappas

Accountant of the department of Finance of the

Company. Belongs to the company’s staff since

1980.

Anastasios Papadopoulos

Lawyer - Legal Adviser of the company since 1984.

Zoi Kafetzopoulou

Lawyer - Legal Adviser of the company since 2001.

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T.E.S. S.A. - COMPANY PROFILE 2015

P SAS

2.8 GROUP STRUCTURE

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Step-up of railroad Thessaloniki-Alexandroupoli between R.S.Doirani and R.S.Kastanousa

2.9 RELATED COMPANIES

Having as a goal its even greaten involvement in

the sector of building works and wishing to be

flexible, T.E.S. S.A. as a company participates

with an average of 45% in the construction

building company.

a) TES SA REP & D ATE & SIA OE

b) AZIMUTH S.A.

c) S.A.S. S.A. (Management and operation of

underground parking)

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Preservation of railroad Thessaloniki – Alexadroupoli between R.S.N.Zihni – R.S.Leukothea on traffic

2.10 IN CONSORTIA

Due to the size of the projects that the company

undertakes, in many cases it co-operates with other

similar enterprises. These consortia have an

autonomous character and their own financial and

accounting administration.

The following table shows the consortia in which

T.E.S. S.A. participates, the works undertaken and

the percentage of participation of T.E.S. S.A. in

each one of them.

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Complementary construction works of the N.R. Serres – Promahona from 0+000 to 8+000

CONSORTIUM NAME WORK VALUE

€ % T.E.S. S.A.

Consortium SIAMKAS EVIEK

S.A. – TES S.A.

Electricity Network in the area of West &

Central Thessaloniki

11.344.950 50,00

Consortium T.E.S. S.A. –

KAMELIDIS

Impurities network in the area of Sfagia –

40Martires & Omonia in city of Serres

1.783.601

66,00

Consortium T.E.S. S.A. –

VIOTER S.A.

Preservation of railroad Andritsa –

Kalamata, Zeugolatiou – Kalonero &

Leuktrou – Megalopolis (Peloponnesus) on

traffic

36.321.217 40,00

Consortium KIROMITI – TES

S.A.

Connection of the Industrial area of

Thessaloniki with the railroad network

5.193.145 50,00

Consortium PROMITHEAS –

TES S.A.

Preservation of railroad at province of

Drama

4.619.184,21 30,00

Consortium T.E.S. S.A. –

ERGOBETON ABETETH

Completion Of Irrigation Network Nestos

West Plain in Kavala

9.336.627,74 50,00

Consortium MICHANIKI

PERIVALLONTOS S.A. –

T.E.S. S.A.

Construction of internal sewerage

network with the method of network

space in Mitrousi and in Skoutari (Serres)

6.365.403,80 50,00

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3. THE CONSTRUCTION SECTOR AND ITS TREND IN

GREECE

3.1 GENERALLY

The construction sector may be divided in two

distinguished sub-sectors:

I. DWELLINGS AND BUILDINGS

The majority of the construction companies are

dealing with this sub-sector, which represent 70% of

the total building activity.

There is an evident improvement in this sub-sector

since 1998, when the banks and the Public sector

decreased their mortgage interest rates.

II. TECHNICAL WORKS

The activities of this sector consist of Road

Construction Bridge Construction, Irrigation, Ports and

Electro-mechanical Works.

The Public Sector finances most of the above

Technical Works.

There are certain requirements that a company has to

fulfill in order to participate in a call for tenders and

execution of public works, related to the legal status

of the company, the share capital, the license class in

relation to the work budget or the construction

experience specifically needed for each work and

call for tenders.

3.2 LICENSES

The licenses are classified from A1 to a2. and from 1 to

7.The A1 and A2 classes concern the Partnerships.

Classes from 1 to 7 concern the companies with the

legal status of S.A. or L.T.D.

T.E.S. S.A. belongs to the 5th class license and in

conformity with the Greek Law, any company

provided with a 5th class license is eligible to

participate alone in a call for tenders of a public work

with a budged up to 22,00 million €. Above this limit,

all companies have to form consortia with Technical

Companies. Besides, now the Greek legislation in

compliance with European Community law gives the

right to participate in auctions with a larger budget.

The Technical Works Sector in Greece is very

encouraging. The prompt needs to update the Greek

economy in order to facilitate investments which are

clearly showing the role that the construction sector

has an important play in the coming years.

This modernization effort is financed mainly by the

European Union and the relative Projects.

20 Design - construction - finance and concession of underground parking in the Municipality of Serres O.P.181

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4. FINANCIAL DATA ANALYSIS

4.1 TURNOVER RESULTS

The financial results of the company prove its

constant expansion in the recent years. The size

of the company has been multiplied in the

period 1990-2012, since the total capital was

366.837€, while in 2008 became 11.124.860€.

This modernization effort will be financed mainly

by the European Union and the relative Projects.

In 2014 is expected a assets increase by 30%.

Expanding of canal 5K Maurothalassa - Ahino from 59+418km to 63+000km

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4.2 FINANCIAL DATA OF THE COMPANY

ASSETS 2010 2011 2012 2013

Fixed assets 6.957.284 6.957.284 6.977.493 6.850.994

accumulated

deprecations

5.744.008 6.200.222 6.532.471 6.483.003

total of net assets 1.213.275 757.061 445.022 367.991

stocks 29.441 322.128 472.204 524.053

credits 2.705.916 1.891.683 1.799.174 1.606.892

Disponibilities 5.920.970 5.416.336 5.252.108 5.721.505

TOTAL ASSETS 13.044.424 11.543.996 11.124.860 11.474.544

LIABILITIES 2010 2011 2012 2013

share capital 4.947.372 4.953.520 5.389.020 5.389.020

reserve funds 3.296.502 3.528.266 3.569.907 3.642.029

total of funding

capital

10.412.903 9.985.509 9.943.718 9.837.366

short term debts 1.470.032 800.941 860.089 844.565

banks 0.00 0.00 0.00 0.00

TOTAL LIABILITIES 13.044.424 11.543.996 11.124.860 11.474.544

22 Restoration of Batanion and Moramor sources in Lefkonas local district and replacement of external water

supply pipeline (transmission) from its sources to the northern part of Lefkonas local district

Page 23: Company profile tes sa

Παράλληλα, αναμένεται να αναπτυχθεί με ταχείς ρυθμούς και η

κατασκευαστική δραστηριότητα της στις γειτονικές Βαλκανικές χώρες

όπου γίνονται συζητήσεις επέκτασης της

συνεργασίας σε όλους τους τομείς

των κατασκευών.

Γ

Πολιτικός Μηχανικός

4.3 BANKS REFERENCES

T.E.S. S.A. cooperates and trades with

the following Banks:

A. Piraeus Bank

B. Alpha Credit Bank

C. National Bank of Greece

D. Attica Bank

23 Construction - Welding steel tube diameter 1200mm high pressure 16aatm.

Page 24: Company profile tes sa

T.E.S. S.A. - COMPANY PROFILE 2015

Παράλληλα, αναμένεται να αναπτυχθεί με ταχείς ρυθμούς και η κατασκευαστική

δραστηριότητα της στις γειτονικές Βαλκανικές χώρες όπου γίνονται συζητήσεις

επέκτασης της συνεργασίας σε όλους τους τομείς των κατασκευών.

Γ

ΧΡΗΣΤΟΣ

Πολιτικός Μηχανικός

5. RECASTS, OBJECTIVES AND PERSPECTIVES

The development of the construction

sector (especially the Public Works) is

estimated to have a constant affirmative

growth in the subsequent years and in the

future, because the necessity for

infrastructure is urging, given the difference

between Greece and the rest of the

European Union countries in this regard.

The Company is aiming to participate as

much as possible in the forthcoming Public

Works, based on its funds and its assets,

and thus will pursue its greaten possible

involvement in the construction of great –

scale works.

In the same time, it is expected that the

construction activities of the company will

rapidly expand in the neighboring Balkan

countries, where there are discussions to

extend co-operation in all construction

sectors.

For T.E.S. S.A.

The President

CHRISTOS BESIRIS

Civil Engineer

24

Construction of sewage networks with the method of vacuum networks in Scutari Serres PN 16 atm

Page 25: Company profile tes sa

Accredited Body: DQS GmbH, August-Schanz-Straße 21, 60433 Frankfurt am Main Administrative Office: DQS Hellas, 6, Dragoumi Street, 14561 Kifissia - Athens, Greece

CERTIFICATE

This is to certify that

TECHNICAL COMPANY OF SERRES S.A.

12, Dionyssiou Solomou street 62122 Serres Greece

has implemented and maintains a Quality Management System.

Scope: Construction of public & private electromechanical, road building, railway, constructions, industrial/power, hydraulic, harbour, management ( collection-transporting) of non-hazardous waste and D.E.I. (Public Power Corporation S.A.) works.

Through an audit, documented in a report, it was verified that the management system fulfills the requirements of the following standard:

ISO 9001 : 2008

Certificate registration

no.

Valid from

Valid until

Date of certification

290758 QM08

2013-07-17

2016-07-16

2014-10-10

DQS GmbH

Götz Blechschmidt Managing Director

Page 26: Company profile tes sa

CERTIFICATE IQNet and

DQS GmbH Deutsche Gesellschaft zur Zertifizierung von Managementsystemen

hereby certify that the company

TECHNICAL COMPANY OF SERRES S.A.

12, Dionyssiou Solomou street 62122 Serres

Greece

has implemented and maintains a Quality Management System.

Scope: Construction of public & private electromechanical, road building, railway, constructions, industrial/power, hydraulic, harbour, management ( collection-transporting) of non-hazardous waste and D.E.I. (Public Power Corporation S.A.)

works.

Through an audit, documented in a report, it was verified that the management system fulfills the requirements of the following standard:

ISO 9001 : 2008

Valid from 2013-07-17 Valid until 2016-07-16 Date of certification 2014-10-10

Registration number: DE-290758 QM08

Michael Drechsel Götz Blechschmidt President of IQNet Managing Director of DQS GmbH

IQNet Partners*:

AENOR Spain AFNOR Certification France AIB-Vinçotte International Belgium ANCE-SIGE Mexico APCER Portugal CCC Cyprus CISQ Italy CQC China CQM China CQS Czech Republic Cro Cert Croatia DQS Holding GmbH Germany

FCAV Brazil FONDONORMA Venezuela ICONTEC Colombia IMNC Mexico Inspecta Certification Finland IRAM Argentina JQA Japan KFQ Korea MIRTEC Greece MSZT Hungary Nemko AS Norway NSAI Ireland PCBC Poland

Quality Austria Austria RR Russia SII Israel SIQ Slovenia SIRIM QAS International Malaysia SQS Switzerland SRAC Romania TEST St Petersburg Russia TSE Turkey YUQS Serbia

IQNet is represented in the USA by: AFNOR Certification, CISQ, DQS Holding GmbH and NSAI Inc.

* The list of IQNet partners is valid at the time of issue of this certificate. Updated information is available under www.iqnet-certification.com

Page 27: Company profile tes sa
Page 28: Company profile tes sa

8. SIGNIFICANT WORKS DURING THE PERIOD 1980-2014 (ALREADY EXECUTED)

28

Α/Α WORK PERIOD OWNER OF THE WORK VALUE

1 Roadbuilding in the town of Serres and quarters 1980-1981 Municipality of Serres 102.715,00

2 Improvement of the asphalt road surface of the country roads Anthi – Patrikioy, Mavrothalassa - Amfipoli

1981-1982 Prefecture of Serres

117.388,00

3

Asphalt covering of the country road Pethelinos - Dravisko 1981-1983

Ministry of environment, Regional Planning and Public Works

102.715,00

4

Complementary works for the superficial network of the Lithotopos torrent (Serres valley) 1982-1983

Ministry of environment, Regional Planning and Public Works

88.041,00

5

Construction of the road Thessaloniki – Serres – Promahona (road part Lefkona – Provata) 1983-1985

Ministry of environment, Regional Planning and Public Works

1.109.318,00

6

Improvement of the asphalt covering of the country road Drama – Simvoli – Amfipoli (Paleokomi part) 1983-1985

Ministry of environment, Regional Planning and Public Works

440.205,00

7

Construction and formation of six (6) road junctions at the N.R. 63 Serres – Sidirokastro - Promahona 1984-1985

Ministry of environment, Regional Planning and Public Works

123.258,00

8

Asphalt covering complementary works of the road Drama – Simvoli – Amfipoli from km 14+500 to 19+400 and from km 21+600 to 23+000 as well as from km 38+600 to 42+000 with protecting works

1984-1985

Ministry of environment, Regional Planning and Public Works

252.384,00

9

Roadbuilding of the N.R. 63, Sidirokastro – Promahona part, from km 5+700 to 17+100 1984-1987

Min. of environment, Regional Planning and Public Work

959.648,00

10

Infrastructure works construction Serres industrial area (2

nd stage)

1987-1988 Hellenic Industrial Development Bank 1.320.616,00

11 Construction of an over bridge crossing of the railroad Thessaloniki – Idomeni at km 36+610

1988-1989 National Railroad Organization

815.847,00

12 Construction and widening of the roads Serres – Ano Vrontou and Sitohori – N.Kerdillia

1989-1991 Prefecture of Serres

528.247,00

13

Complementary construction works of the N.R. 63 Sidirokastro – Promahona from km 0+000 to 17+100 1989-1993

Ministry of environment, Regional Planning and Public Works

968.452,00

14 Irrigation network of the S.E. part of the Serres farming area

1989-1991 Municipality of Serres

440.205,00

15 Erection of the Serres Customs – Chemistry H. 1989-1992 Prefecture of Serres 1.467.351,00

16 Construction of NATO storage sites 1990-1991 Ministry of Defense 733.676,00

17 Nigrita’s Medical center for chronic diseases 1990-1993 Prefecture of Serres 3.228.173,00

18

Repairs and improvement of the auxiliary rooms under the stands of the Kaftajoglio National stadium of The Thessaloniki and formation of new rooms

1992 General Secretary of athleticks 440.205,00

19

Renovation works at the National Bank of Greece 1990-1992

National Bank of Greece

440.205,00

20

Improvement of the National Road Drama – Serres, road part from km 6+200 to 13+137 1991-1993

Ministry of Environment, Regional Planning and Public works

1.643.434,00

21

Road from Thessalonica to Strimona. Widening of the road Strimona - Asprovalta 1991-1994

Ministry of Environment, Regional Planning and Public works

4.504.769,00

22

Irrigation project at Skoutari. Department of Serres 1991-1994 Ministry of Agriculture 6.456.346,00

Page 29: Company profile tes sa

8. SIGNIFICANT WORKS DURING THE PERIOD 1980-2014 (ALREADY EXECUTED)

29

23

Improvement of the N.R. 2 Thessalonica – Kipi bridge and from ancient Strimona Bridge to Platanotopo, Kavala district

1992-1994 Ministry of Environment, Regional Planning and Public works

1.467.351,00

24

Complementary construction works of the N.R. Thessalonica – Promahona. Road part from Sidirokastro to Promahona

1993-1995 Ministry of Environment, Regional Planning and Public works

733.676,00

25

Renovation and parts widening of the Country road Petritsi-Rodopolis borders of the Kilkis department as well as the accesses served by the neighboring inhabitations

1993-1994 Ministry of Environment, Regional Planning and Public works

264.123,00

26

Maintenance and improvements of the country roads Serres-Amfipoli, Nigrita – Strimoniko as well the accesses served by the neighboring inhabitation

1993-1994 Ministry of Environment, Regional Planning and Public works

293.470,00

27 Irrigation network of Peplo (Evros department)

1993-1994 Ministry of Agriculture

5.769.405,00

28 Construction of an over crossing at the railroad station of Strimona

1997-1998 National railroad Organization

1.467.351,00

29

Construction of the bridge of Strimona at the N.R. Serres – Nigrita (Peponia)

1996-1997

Ministry of Environment, Regional Planning and Public works

1.760.822,00

30

Improvement of geometrical characteristics and viability of the road Nigrita – borders of Thessalonica. Road part Therma (12 km)

1994-1997

Ministry of Environment, Regional Planning and Public works

880.411,00

31

Improvement of geometrical characteristics and viability of the road Dimitristi K.Kamilas –A.Kamilas–Mitrousi–Serres. Road parts: a) Dimitritsi – Koumaria b) K.Kamila – A.Kamila c) A.Mitrousi – Serres

1994-1997

Ministry of Environment, Regional Planning and Public works

586.941,00

32

Improvement of geometrical characteristics and viability of the road Serres – Lailia. Road part Chrisopigi – Orini and road part to Xirotopo & Orini.

1994-1997

Ministry of Environment, Regional Planning and Public works

586.941,00

33

Improvement of geometrical characteristics and viability of the road Serres – Nigrita. Road part Peponia – Anthi (6km)

1992-1995 Ministry of Environment, Regional Planning and Public works

586.941,00

34

Preservation – improvement – intication of the N.R.12 Serres - Drama 1994-1997

Ministry of Environment, Regional Planning and Public works

528.247,00

35

Road construction of development conjunction Great Alexander 1995-1998

Ministry of Environment, Regional Planning and Public works

528.247,00

36

Road construction at the municipality of Sidirokastro 1995-1998

Ministry of Environment, Regional Planning and Public works

625.092,00

37

Country roads 11 and 16 improvement, asphalt covering 1995-1997

Ministry of Environment, Regional Planning and Public works

513.573,00

38 Construction of joining road of camp in Sikea, department of Serres 1996-1997

Ministry of Defense 528.247,00

39

Improvement of geometrical characteristics and viability of the road N.R.Thessalonica Serres – Anagenissi – Paleokastro to the parts: a) N.R. Serres –Thessaloniki – Anagenisi b) Skotousa – Paleokastro

1994-1997

Ministry of Environment, Regional Planning and Public works 352.164,00

40

Widening and asphalt covering of the roads Serres – A.Vrontou & Sitohori – N.Kerdilia

1994-1997 Ministry of Environment, Regional Planning and Public works

381.511,00

Page 30: Company profile tes sa

8. SIGNIFICANT WORKS DURING THE PERIOD 1980-2014 (ALREADY EXECUTED)

30

41 Renovation works at the Piraeus Bank

1992 Piraeus Bank

42

Widening of the road Thessalonica – N.Moudania. road part from Kardia km 0+000 to km 17+558,31 1996-2000

Ministry of Environment, Regional Planning and Public works

29.347.029,00

43

Complementary construction works of the N.R. Serres – Sidirokastro – Promahona from km 0+000 to 8+000 1996-1999

Ministry of Environment, Regional Planning and Public works

3.521.643,00

44

Improvement of geometrical characteristics and viability of the road Nigrita – Strimoniko. By-pass Terpni – Nigrita. 1998-1999

Ministry of Environment, Regional Planning and Public works

1.643.434,00

45

Collector drain and compaction of the impurities Network at the area of Timios Stavros in city of Serres

1998-1999

Minicipal Operation of Watering and Sewage System of Serres 1.526.045,00

46 Irrigation project at Skoutari. Department of Serres (2

nd

phase) 1999-2001

Ministry of Agriculture 10.066.030,00

47 Construction of an over crossing at the railroad km 126+371 Thessalonica –Alexandroupolis 2000-2001

National Railroad Organization 2.934.702,00

48 Renovation of the railroad Thessalonica – Alexandroupolis (2

nd phase)

2001-2002 National Railroad Organization

4.546.690,00

49 Construction of railroad Thessalonica – Alexandroupolis from km 146+800 to km 149+000 (Gazoros – Serres)

2002-2003 National Railroad Organization

2.727.332,00

50

Maintenance of the railroad (on traffic) Thessalonica – Alexandroupolis. Part C from km 50+500 to km 308+000 2002-2004

National Railroad Organization 2.533.793,00

51 Complementally works to irrigation project at Skoutari 2003-2004 Ministry of Agriculture 3.407.740,00

52 Construction of the five floors building (offices) at Konst.Karamanli avn. in city of Thessaloniki

2002-2003 Investor model

3.100.000,00

53 Network at the area of West & Central Thessaloniki 2002-2005 Public Power Corporation 11.344.950

54

Replacement of water supply network in low zone in city of Serres 2003-2004

Municipal Operation of Watering and Sewage System of Serres

4.652.673

55

Impurities network at the area of Sfagia – 40Martires & Omonia in city of Serres 2003-2005

Municipal Operation of Watering and Sewage System of Serres

1.783.601

56

Preservation of railroad Adritsa–Kalamata, Zeugolatiou–Kalonero & Leuktrou–Megalopolis (Peloponnesus) on traffic

2003-2007

National Railroad Organization 36.321.217

57

Connect the Industrial area of Thessaloniki with the railroad network 2004-2006

National Railroad Organization 5.193.145

58

Preservation of railroad Thessaloniki – Alexadroupolis between R.S.N.Zihnis – R.S.Leukotheas on traffic 2004-2007

National Railroad Organization 12.012.120

59

Renovation modernization and improvements of the irrigation of the 2

nd irrigation network plain of Serres –

Zone part Adelfikou 2005-2007

Ministry of Agriculture 11.733.194

60 Erection of Technical Institution Sidirokastro 2005-2007 Prefecture of Serres 1.947.841

61

Intervesion of railroad at province of Drama 2005-2007

National Railroad Organization 878.017

Page 31: Company profile tes sa

8. SIGNIFICANT WORKS DURING THE PERIOD 1980-2014 (ALREADY EXECUTED)

31

62

Network at the area of Kilkis 2008-2010

Public Power Corporation 3.150.000

63

Construction of building complex in the city of Serres 2006-2007

Investor 1.550.000

64

Construction of building to the Ag.Ioanni Serres 2006-2007

Investor 1.380.000

65

Step-up of railroad Thessaloniki-Alexandroupoli between R.S.Doirani and R.S.Kastanousa 2007-2010

National Railroad Organization 11.085.163

66

Collector of sewage system at Ag.Ioanni-Eptamili – Ilioupoli and Sigis Serres 2006-2008

Municipal Operation of Watering and Sewage System of Serres

3.453.775

67

Preservation of railroad at province of Drama

2007-2009

National Railroad Organization

4.619.184,21

68

Design - Construction - Financing and allocation of operating underground parking in Municipality of Serres 2010-2013

Municipality of Serres 4.500.000

69

Extension Canal 5K area Mavrothalassa - Achinos from 59 + 418 km to 63 +000 km

2008-2014

Central Macedonia Region 2.196.317

The value of the works is expressed in contractual prices on the date of the contact acceptance (with VAX 18% or 19% or 23%)

Page 32: Company profile tes sa

ΤΕΧΝΙΚΗ ΕΤΑΙΡΙΑ ΣΕΡΡΩΝ

Τ.Ε.Σ. Α.Ε. TECHNICAL COMPANY OF SERRES

T.E.S. S.A