Mota Engil SGPS S A : Engil informs about the award of a new contract in Poland worth 230 million Euros
May 14, 2020 at 01:15 pm EDT
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MOTA-ENGIL INFORMS ABOUT THE AWARD OF A NEW CONTRACT IN POLAND WORTH €230 MILLION
MOTA-ENGIL SGPS, SA (MOTA-ENGIL) announces the award of a new contract to build a 15.2-kilometer stretch of the "S1 expressway Kosztowy - Bielsko-Biała. Section II", in Poland.
The design and build contract is worth circa €230 million, will last for 36 months and will be executed by a JV (50/50) between MOTA-ENGIL CENTRAL EUROPE, S.A. and Porr, S.A..
The strengthening of MOTA-ENGIL's order book in Europe, obtained by this award, will contribute, as planned, to the increase in the region's turnover and to the balance between the three regions in which the GROUP operates.
Porto, May 14, 2020
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 14 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2020 17:14:06 UTC
Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.