TREK Development announces that it is undertaking a project to supply and install floating breakwaters and pontoons at Lavrio port on behalf of the Lavrio Port Authority (OLL), in cooperation with international company MARINETEK Croatia-Finland.
The project includes the construction, installation and anchoring of a number of floating modular pontoons, the supply and installation of pillars, and electromechanical connection works for the new pier.
The project has a total budget of €3.3 million, with TREK’s share amounting to €1.8 million plus VAT. Handover is expected within the first two months of 2027.
The project stems from a strategic partnership between the listed company and marina construction firm MARINETEK, which is based in Croatia, Finland and Florida, US, and holds a number of international patents for floating marina construction. An agreement was signed in October 2026 to promote port projects and marinas in Greece and Cyprus on an integrated basis, covering design and financing as well as construction.
Through this collaboration, TREK further strengthens its position in the infrastructure sector and takes its first steps into the vertically integrated critical infrastructure market, which is also its main priority in its construction business.