Liberalisation of the Natural Gas market. MYTILINEOS Group is the first private company to import LNG. The first LNG cargo imported by the Group is delivered to the Revythoussa terminal in May 2010.
The Group reaches an agreement with ENEL for the acquisition of the latter’s 50.01% stake in ENDESA HELLAS. With this agreement, the Group becomes the single shareholder of ENDESA HELLAS, which is renamed to PROTERGIA, and is established as the largest independent energy producer in Greece.
MYTILINEOS Group and MOTOR OIL establish jointly M&M GAS Co S.A., active in the import and trade of natural gas, signalling the effective liberalisation of the natural gas market and – by extension – the creation of conditions of healthy competition in the electricity market.
Establishment of Power Projects, a subsidiary of METKA S.A. in Turkey.
ΜΕΤΚΑ S.A. wins the contract for construction of a 724 MW plant in Syria – the country’s largest power plant.