A Memorandum of Understanding has been signed between SUEZ INTERNATIONAL and AKTOR GROUP OF COMPANIES for an exclusive collaboration in the water management sector. This partnership aims to leverage the strengths of each company, with SUEZ bringing its global expertise in managing the entire water cycle and AKTOR contributing its extensive experience in construction and infrastructure projects in Greece. The agreement is conditional on obtaining necessary regulatory approvals.

SUEZ INTERNATIONAL has established itself as a key player in the international market, providing a spectrum of water management services that emphasize sustainability and innovation. The company focuses on ensuring efficient drinking water supply and effective wastewater treatment, highlighting its commitment to circular economy principles. AKTOR, on the other hand, is one of Greece's leading construction firms, and its participation in this alliance marks its strategic move to enhance its portfolio in water management projects.

This collaboration could have significant implications for both companies and the broader Greek market, particularly in addressing water management challenges. Given Greece's unique geographic and climatic conditions, effective water resource management is crucial. The alliance not only aims to improve local water management but also to set a precedent for sustainable practices within the industry, potentially influencing future projects in the region.