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4-Traders Homepage  >  Equities  >  Mercado Continuo Espanol  >  Abengoa SA    ABG   ES0105200416

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Abengoa SA : Abengoa organizes employment training programs in Brazil

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11/30/2012 | 11:21am CEST
  • The training will offer people new employment opportunities

Seville, November 30, 2012. Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, is carrying out various educational initiatives in Brazil to reduce illiteracy, promote job training and develop skilled labor for sugar cane production.

Continuous technological advances and growing environmental awareness have accelerated the mechanization of agriculture in Brazil. The country's legislation calls for the elimination of sugarcane burning, which is vital for manual cutting, by 2021. To address this new situation, member companies of UNICA, the trade union for the sugarcane industry, have launched various job training initiatives that will allow existing cane cutters to adapt to this mechanization as well as learning new skills for other sectors, such as electricians, welders or heavy machinery operators, among others.

Abengoa, in collaboration with UNICA and the National Industrial Training Service (SENAI) recently expanded the range of training available to include mechanics and electrician courses for the automotive sector. The company has also launched a local project to reduce illiteracy within the industry. As a result, people that have attended these courses will now be able to go on to occupational training courses.

About Abengoa

Abengoa (MCE: ABG) is an international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, generating electricity from the sun, producing biofuels, desalinating sea water and recycling industrial waste. (www.abengoa.com)

Communication Department:

Patricia Malo de Molina Meléndez.

Tel: +34 954 93 71 11

E-mail: communication@abengoa.com

Investor relations

Bárbara Zubiría Furest.

Tel: +34 954 937 111

E-mail: ir@abengoa.com

You can also follow us on:

@blog_abengoa

Abengoa

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Financials (€)
Sales 2016 -
EBIT 2016 -
Net income 2016 -
Debt 2016 6 242 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 0
EV / Sales 2017 0
Capitalization 237 M
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Mean consensus UNDERPERFORM
Number of Analysts 2
Average target price 2,05 €
Spread / Average Target 253%
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Managers
NameTitle
Joaquin Fernandez de Pierola Marin Chief Executive Officer & Executive Director
Antonio Fornieles Melero Executive Chairman
Jesús Angel García-Quílez Gómez Chief Financial Officer
Enrique Aroca Moreno Chief Information Officer
José Borrell Fontellés Independent Non-Executive Director
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