Competition Committee Approves AKTOR’s Acquisition of Milora

The acquisition of Milora by the AKTOR Group, specializing in real estate development, management, and exploitation, has been approved. According to an official announcement: “During the session of the Competition Committee, it was unanimously decided under decision No. 876/2025, to approve the acquisition of direct exclusive control by ‘AKTOR GROUP OF COMPANIES’ over ‘MILORA M.A.E.’, as per Article 5 paragraph 2 (b) and Article 8 paragraph 3 of Law 3959/2011. The AKTOR GROUP OF COMPANIES operates in public and private construction projects, metal constructions, renewable energy sources, real estate development, inert materials, professional building management services (facility management), and green production and trade. Milora’s business focuses on real estate investments, including acquisition, development, management, and exploitation of a real estate portfolio. Relevant markets affected by this transaction include the broader real estate market, real estate rental activities, real estate development, private construction projects for commercial use, and facility management services—all within Greece. Due to the small market shares held by the involved companies, no adverse effects on competition are anticipated in the respective markets. Consequently, the Competition Committee approved the notified concentration.”