VINCI signs new contracts with a total value of €176m in central Europe

Through its subsidiaries Hídépítö, Warbud, SMP and SSZ, VINCI has just signed several contracts in central Europe.
vincipark.gifIn Hungary, Hídépítö won a contract from National Motorway Ltd to build the Dunaújváros bridge 70 km south of Budapest in a consortium with the Hungarian company Vegyépszer. The project includes a 3.3 km approach road which is part of the M8 motorway and a 314 metre bridge over the Danube. Within the consortium, Hídépítö will be responsible for building one of the two approach viaducts, for waterproofing and corrosion protection works and for maritime works, totalling €67m. The work is scheduled for completion in November 2006.

Hídépítö also won the contracts to build a 400-space, 5-level underground car park in Budapest worth €7m and a waste water treatment plant worth €6m. The plant will serve the cities of Deszk, Kübekhaza, Tiszasziget and Ujszentivan in the south of the country.

In Poland, Gillette has awarded to Warbud the contract to build a production centre in Lódz for an overall amount of €48m. The project includes a 40,000 m2 plant, an 18,000 m2 warehouse and a 37,000 m2 distribution centre, i.e. an overall surface area of 95,000 m2. Work is to be completed by September 2005.

Warbud also won the Marina Mokotóv housing complex follow-up contract in Warsaw. This second phase, with a value of €29m, covers 12 4-to-7 storey buildings comprising 662 apartments as well as car parks on a total surface area of 104,000 m2. Work is scheduled to take 21 months and to be completed in April 2006. The first phase of the project covered 434 apartments in 14 buildings, with a value of €23m.

In the Czech Republic, SMP, in a consortium with SSZ, Berger and Strabag, has won the contract to build the I6 highway from Karlovy Vary toward Germany. As part of this contract, SMP is to build a 540 metre long bridge with a value of €11m. The work, now getting under way, will last until July 2008.

In addition, SMP has just been awarded the first phase of the bypass at the city of Nymburk, 60 km east of Prague, in a consortium with two local companies, PSVS and Metrostav. This 2.4 km project notably includes a 530 metre bridge across the Elbe to be built by SMP for €8m. Work is starting this month and will be completed in July 2006.

These sales successes confirm the quality of VINCI's locations in central Europe, where the Group is expanding its market share.
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