SNC-LAVALIN EXPANDS ITS PRESENCE IN POLAND
SNC-Lavalin Group Inc. is pleased to announce the creation of its new subsidiary, SNC-Lavalin Megadex Sp. z o.o.
Based in Warsaw, SNC-Lavalin Megadex was created by taking on certain projects and personnel of Elektrim Megadex S.A., a subsidiary of the Elektrim Group, and the leading engineering company in Poland in the power production sector. Elektrim Megadex is active in both domestic and international markets.
"SNC-Lavalin Megadex has been set up to be immediately operational," said Jean Claude Pingat, President, SNC-Lavalin France. "It has already begun work on three turnkey projects, totaling over CAN $55 million; two in Lithuania and one in Germany."
The two projects in Lithuania are for the supply, installation and start-up of approximately 10 gas boilers at the Ignalina nuclear power plant. This contract is part of Lithuania's commitment to shut down and reconvert nuclear reactors in preparation for joining the European Union.
The project in Germany is for the supply and installation of two boilers as part of the construction of a waste incineration factory in Zorbau, near Leipzig.
"Megadex enjoys an outstanding reputation in the power sector in Europe, Africa, the Middle East and Asia, particularly in the field of super-critical coal-fired generating facilities ", said Klaus Triendl, President SNC-Lavalin International and Executive Vice-President, SNC-Lavalin. "They bring valuable technical and regional expertise to our Power Division, and are an excellent addition to SNC-Lavalin's extensive presence in the power sector."
SNC-Lavalin Megadex will be headed up by Georges Sontag, President of Chovet Engineering, a subsidiary of SNC-Lavalin France specialized in the engineering of industrial processes, and already present in Poland.
"Aligning the skills and personnel of Chovet and SNC-Lavalin Megadex creates a centre of excellence for a variety of industrial expertise," said Mr Sontag. "This alliance will also benefit from the vast expertise and international network of SNC-Lavalin Group Inc."
"The creation of SNC-Lavalin Megadex is part of SNC-Lavalin's strategy to strengthen its position in central Europe with versatile teams offering both technical expertise and a firm understanding of local industries," added Mr Pingat. SNC-Lavalin France has been in Hungary since 1995, and it opened a new office in Slovakia in 2003.
SNC-Lavalin (TSX:SNC) is one of the leading groups of engineering and construction companies in the world, a global leader in the ownership and management of infrastructure, and a key player in facilities and operations management. The SNC-Lavalin companies have offices across Canada and in 30 other countries around the world and are currently working in some 100 countries. |
