- Awards for an overall value of approximately USD199 MN for licensing, engineering and procurement activities
Milan, 25 June 2014 –Maire Tecnimont S.p.A. announces that several contracts and order variations have been awarded – mainly through its subsidiaries Tecnimont, KT Kinetics Technology and Stamicarbon – for a total amount of approximately USD199 million for EP (Engineering -Procurement) and licensing activities as well as engineering services.
These awards, related to the core business of oil & gas, petrochemicals and fertilizers, have been granted mainly in the United States, Saudi Arabia, Russia, Azerbaijan, India and China, by some of the most prestigious international clients both in the private and public sectors.
Such result confirms the growth strategy in the higher margin service area and gives further evidence of the resilience of the Group’s technology-driven business model.
Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A. is a company listed with the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the international Engineering & Construction (E&C), Technology & Licensing and Energy & Ventures markets, with specific competences in plants, particularly in the hydrocarbons segment (Oil & Gas, Petrochemicals and Fertilisers), as well as in Power Generation and Infrastructures. The Maire Tecnimont Group operates in approximately 30 different countries, numbering around 45 operative companies and a workforce of about 4,300 employees, of whom over half work abroad. For more information: www.mairetecnimont.com.
Public Affairs Carlo Nicolais public.affairs@mairetecnimont.it Media Relations Image Building Simona Raffaelli, Alfredo Mele, Anna Lisa Margheriti | Investor Relations Riccardo Guglielmetti |