Business Acquisition, important contract won… Eurovia, a subsidiary of Vinci in the news these past few weeks. Details.
Double european news for the subsidiary of the Vinci Eurovia. Last date on Monday 3 July 2017. The company announced the acquisition of the Latvian company Saldus Celenieks. A redemption allows him to gain a foothold in this country. Specializing in “road work, the extraction of aggregates and the production of asphalt mixes“, Saldus Celenieks “employs more than 300 people and achieved in 2016 a turnover of 24 million euros, “says Eurovia in a press release. The subsidiary of Vincireinforces its presence in the baltic countries, where the market of work of the transportation infrastructure is very dynamic“.
Eurovia was already talking about it last week when it announced it had won a contract for 270 million euros, but this time in the United Kingdom in order to renovate roads. A major project for the subsidiary of Vinci since it has been instructed by Highways England, the public body of management of the roads in England, modernize and maintain some 1,700 kilometres of roads and highways, according to a statement from Vinci. The contract shall enter into force on the 1st of July and running for 15 years.
Eurovia carries out transport infrastructure and facilities industrial sites, commercial and urban. The company, which employs 38,000 people, has a turnover of 7.6 billion euros in 2016. In the Uk the same, the subsidiary of Vinci claims the maintenance of more than 60,000 kilometers of roads.