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FCC to build Romania headquarters of leading oil company Petrom

26/04/2007

FCC to build Romania headquarters of leading oil company Petrom

  • This new contract strengthens FCC's position in Romania
  • The contract is worth 80 million euro

FCC, through its Austrian subsidiary Alpine, has won the tender to build the new headquarters building, in Romania, of Petrom, the leading producer of oil and gas in south-eastern Europe; the contract is worth 80 million euro.

The new Petrom City complex will be built beside Lake Straulesti, in northern Bucharest. The contract involves building an office block, a car park, a data centre and a power plant. The building will be fitted with the latest technology and will fulfil the most demanding international standards.

Work will commence at the end of 2007 and is scheduled to be completed late in 2009.

FCC landed the contract in competition against leading international players. This project strengthens Alpine's presence and competitive position in Romania.

Other Alpine projects in Romania

The dynamic situation in Romania makes it a very attractive market for Alpine. Its recent successes there include a large environmental project (22 million euro) financed by the European Union to install and clean up two landfill sites.

FCC projects in Romania

The FCC Group, through FCC Construction, is building the Basarab viaduct in Bucharest (135 million euro), a bridge over the Danube linking Bulgaria and Romania (100 million euro), and resurfacing the DNIC road, from Cluj to Livada (25.3 million euro).

The Alpine Group operates worldwide. With annual revenues of approximately 2.3 billion euro and a total staff of 10,700, Alpine is Austria's second-largest construction company. In recent years, the Group has more than doubled its volume of construction work, partly through acquisitions financed with cash flow. FCC acquired a majority stake in Alpine in 2006.