The pricing policy of the EDSNA (Special Graded Association of the Attica region), like that of any FODSA (Local Solid Waste Management Institution) , is determined by its obligations. Of course, when we refer to the “obligations” of the EDSNA, it is now clear that we actually refer to the subcontracting relations it maintains with the one and only subcontractor who manages the waste of half the population of Greece, the residents of Attica. It is none other than the well-known HELECTOR Group, an ELLAKTOR subsidiary, for which 2020 seems to be its “lucky year” in Attica, since it has already undertaken:
- Direct award contract, due to extreme urgency, of the operation of the Mechanical Waste Recycling and Composting Plant (EMAK) in Ano Liossia, with a budget of around €10 million.
Direct award, again due to extreme urgency, of an expansion of the Fyli landfill, amounting to €5.3 million.
Expansion of the Fyli landfill, with a capacity of more than 4 million cubic meters, with a budget of approximately €27 million.
On top of that, HELECTOR is also the “frontrunner” in the highly-touted tender for the upgrading of EMAK in Ano Liossia, with the catchy name “Green Factory”, amounting to a total budget of around € 105 million! And why HELECTOR is the frontrunner, you ask? Because although there are two contractors in this tender, one of them, ie HELECTOR, has been operating EMAK, as well as all the other EDSNA projects, since 2010; Thus, the outcome of the said tender can be easily guessed. But even if the outcome is not the expected one, then we will simply see the project being cancelled, as happened in 2018 in a similar tender concerning EMAK, when it became clear that there was strong competition and that HELECTOR was bound to “lose the game”. If that happens again, the whole procedure will start over and eventually, end with direct award contracts and staged tenders.
So, it is not hard to see that the EDSNA, burdened as it is with so many expenses (approximately €150 million), it has to raise money in order to pay the “operating costs” of HELECTOR and, consequently, of AKTOR itself, which is known to face various issues of administrative reshuffles and shareholder changes at the moment and is struggling to present backlogs and profitability.
Therefore, it is no coincidence that the EDSNA in 2020 opted to charge municipalities with the maximum billing rates for biological and recyclable waste management services, while increasing its pricing policy for 2021.