European Goldfields Ltd. was an EU-focused, Whitehorse based Canadian precious metals company engaged in gold, silver and copper exploration, development and production.
Ellaktor, Greece's biggest construction and civil engineering company, owned 19.36% of European Goldfields and is also the owner of all outstanding shares of Hellas Gold (5%).
In December 2011 Eldorado Gold initiated a $2.5 billion friendly takeover of European Goldfields.
[5] European Goldfields had two main subsidiaries, Hellas Gold (Greece) and Certej (Romania).
[6] Turkey - Joint ventured with Ariana Resources, exploration occurred in the area of Ardala.