Egnatia Odos S.A. was founded in 1995, according to article 5 of L.2229/94, for the study, supervision, construction, maintenance, equipment and profit of Egnatia Odos and all the highways that serve her, along with other projects inside or outside the Hellenic State that were appointed to Egnantia Odos S.A. with Joint Ministrerial Decisions. Egnatia Odos S.A. is a legal entity under private law in a form of Limited Company, with sole shareholder the Greek Government, represented by the Minister of Infrastructure, Transport and Networks, and by the decision no. 195/27-10-2011 of the Interministerial Commission for Restructuring and Privatization (B 2501), the Hellenic Republic Asset Development Fund S.A. received the right to operate, maintain and operate Egnatia Odos and three vertical highways.
The company since 2010 is under L.3429/05, regarding P.C.A.O. (Public Companies And Organizations) (article 1 parag. 1a L.3899/2010), however recently excluded from this [(article 321 parag. 13 L.4072/12 (A’86)] and there are ongoing procedures to operate under L.2190
Egnatia Odos S.A. operates under a flexible structure, which contributes to the decentralization of the administration of public works, both in sectional and geographical level. It is also the peak of the effort to upgrade the way public works are carried out, focused on the control, the schedule compliance and the cost of construction projects of high quality and standards. Also in this upgrade contributes :
· The desired high quality and completeness of technical studies
· Good preparation of the contractual terms of construction projects
· The application of a certified Quality Management System
· The use of modern management methods, tools and project management
· The experience of human resources