METKA ANNUAL REPORT 2016 - page 15

Annual Report 2016
power conversion system EXERON
, which provides
intelligent utilization of alternative power sources for
off-grid power applications.
• Construction of the railway line Kiato-Rododafni,
an infrastructure project of national importance
since, upon its implementation, it will connect the
Peloponnese with the modern railway network of
Athens. Until 2016, 52% of the project has been ex-
• Production and delivery of PATRIOT defence
, under the agreement with Raytheon
Company/IDS, for the manufacture of 86 semi-trail-
ers and 70 launcher platforms until the end of 2018.
• Production and delivery of LEOPARD defence
, under the industrial co-production agree-
ment with Krauss-Maffei Wegmann. 62 turrets and
59 hulls have been delivered until the end of 2016.
Key Developments
• METKA undertakes its second major project in
, in consortium with General Electric, for the
engineering, procurement, construction and com-
missioning of a 192MW combined cycle power plant
in Takoradi.
• Successful delivery, installation and commission-
ing of 10 mobile gas turbines, total capacity 250
MW, in Ghana
, together with METKA’s well-proven
modular balance of plant concept, on fast-track
execution basis.
• Successful completion and delivery of the 57MW
Oriana solar photovoltaic power plant in Puerto
, through METKA EGN. The project is
the larg-
est of its kind in the Caribbean.
• Strategic partnership in the off-grid power mar-
with International Power Supply (IPS), the manu-
facturer of the award-winning
all-in-one modular
Financial Figures 2016
Group turnover
€445 million
Contracted backlog
€1 billion
Net profits
€56 million
International projects account for
of backlog
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