The well known in the Greek constructions industry entrepreneur has, according to sources familiar with the matter, took his terminal breath in a private hospital in Athens. George Bobolas was born in 1928 in Piraeus, originally from Messinia and Laconia.
He studied civil engineering at the National Technical University of Athens and founded the construction company "Technodomi" with the later Minister of Public Works Evangelos Kouloubis as key partner.
Their business activities were mainly focused in constructions, energy and media (MME) sectors, comprising two companies subsidiaries,
- Ellactor, which arose after the merger of Aktor ATE and Hellenic Technodomiki SA in 1999.
- Pegasos Publishing House, which owned the television station Mega Channel (by 25%, until November 2019), the newspapers Ethnos and Imerisia (until 2017), as well as a number of websites and periodicals.