Two Greek brothers build $50m Darwin construction empire

The following explainer summarizes reported facts about how two Greek brothers from Kalymnos built a large construction business in Darwin, Australia, growing from small early contracts in the 1960s to a diversified group with about 140 employees and a roughly $50 million annual turnover. The information comes from a single source and is presented here with plain-language explanations of what happened, who is affected, and practical next steps.

What happened

According to the source, Mihail “Mick” Halkitis and his brother Theo began taking construction contracts in Darwin in the 1960s, starting with basic tools and labor. Over more than six decades their business grew into HB Group, described as one of the Northern Territory’s significant privately owned construction and materials companies. The group reportedly employs more than 140 people and has an annual turnover of about $50 million, with interests in concrete, quarrying, construction materials, transport and property. A profile in The Australian is cited as placing the scale of this transformation in perspective.

Key facts and terms explained

: a private company in Darwin involved in construction, materials, transport and property.
Annual turnover: the total value of goods and services the company sells in a year.
Quarrying: extracting stone or other materials from a quarry for use in construction.
Private ownership: the company is not publicly traded on a stock exchange.
The source cites a newspaper profile to quantify scale; it does not provide independent verification in this summary.

Who is affected

Employees: HB Group reportedly employs more than 140 people in Darwin, including roles in construction, materials handling, transport and related work. Local suppliers and subcontractors connected to HB Group may also be affected by the company’s activities and orders. The explainer notes the geographic focus is Darwin, in Australia's Northern Territory.

Practical next steps

For workers or potential applicants: verify current job openings or contractor opportunities with HB Group or its subsidiaries, and review standard employment terms.
For local suppliers: assess how to engage with HB Group for materials or services, including capacity and delivery timelines.
For researchers or readers: consult The Australian profile mentioned by the source for more context about the company’s growth and leadership.
Be mindful that information comes from a single source; cross-check with independent reports or company records if possible.

Limits and questions

The summary relies on a single secondary source described as a profile in a newspaper; there is no corroboration provided here from additional independent sources. Specific dates beyond the general “1960s” and “over six decades” are not detailed. No information is given about the company’s current structure, governance, or any recent changes beyond the cited article.

Which sources did Setup in Bahrain review?

Setup in Bahrain reviewed the following source material before preparing this explanatory article.

The links remain visible so readers can inspect the evidence, compare dates and context, and confirm current requirements with the relevant authority.

greekcitytimes.com — evidence source reviewed for this article.

Information and responsibility notice: This article is general information based on the cited material available when published. It is not legal, tax, immigration, medical, financial, banking, or investment advice; it does not create a professional-client relationship; and it is not a guarantee of outcome, availability, accuracy, or eligibility. Rules, schedules, prices, and third-party information can change. Confirm material decisions with the relevant authority and an appropriately qualified adviser before acting.