Martifer SGPS S A : informs about the award of a 68 million euro contract
February 02, 2023 at 12:41 pm EST
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Oliveira de Frades, 2nd February 2023
MARTIFER INFORMS ABOUT THE AWARD OF A 68 MILLION EURO CONTRACT
Martifer, SGPS, S.A., a publicly-traded company ("Martifer"), informs that its subsidiary Martifer UK Ltd has been awarded a contract for the supply and assembly of steel structure railway viaducts in Birmingham, as part of the High Speed 2 (HS2) project. This new high-speed railway line will connect London to the North of England. HS2 is the largest infrastructure construction project in the United Kingdom and in Europe and the most important economic and social regeneration project of the last decades, with a unique contribution to carbon neutrality.
The contract has an estimated value of 68 million euros, and the estimated timeframe for the execution of the work is 47 months.
The manufacture of the steel structure will be mainly done in Martifer Group's industrial complex in Oliveira de Frades, allowing the reinforcement of Martifer Group's exports, which currently represent more than 85% of the turnover in the steel structure segment in Portugal.
The award of this contract demonstrates confidence in national engineering and in Martifer Group's technical capacity.
Martifer SGPS, S.A.
WWW.MARTIFER.COM
Martifer SGPS, S.A. | Zona Industrial de Oliveira de Frades, Oliveira de Frades | Registered in the Companies Registry Office of Oliveira de Frades under the sole registration and tax identification no. 505 127 261 | Share Capital: 50,000,000 Euros | Share Capital: 50,000,000 Euros
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Martifer SGPS SA published this content on 02 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2023 17:40:02 UTC.
Martifer SGPS, S.A. is a holding company organized around 3 areas of activity:
- construction of metal structures (58.3% of net sales; No. 1 in the Iberian Peninsula): for Oil & Gas infrastructure construction sector;
- shipbuilding (36.4%);
- construction of renewable energy production units and equipment (5.3% of net sales): wind farms, biodiesel production sites, wind tours, aerogenerators, solar energy systems, etc. The group also produces and distributes renewable energy-based electric energy.
Net sales are distributed geographically as follows: Portugal (63.1%), Europe (30%) and other (6.9%).
MARTIFER SGPS, S.A. 
