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| Vinci becomes the world’s leading integrated concession/construction group Under the procedure implemented by the French State to dispose of its interest in motorway companies, it has decided to sell its 50.4% share in the equity of ASF (Autoroute du Sud de la France) to Vinci. The concept of an integrated concession-construction group has enabled Vinci, within its existing format, to build complex structures, such as the Vasco de Gama Bridge over the Tagus River in Lisbon (Portugal), the Rion-Antirion Bridge over the Gulf of Corinth (Greece), and the Stade de France stadium in Saint-Denis (France). By now combining the strength of the world’s leading construction group, which already has a significant portfolio of concession operations, with that of Europe’s second largest motorway operator, this operation gives rise to a French entity that is the world’s leading transport infrastructure concession/construction group, in a rapidly growing market. With sales of 25 billion euros and 138, 000 employees worldwide (of which 82, 000 in France), the new entity will have an unparalleled portfolio of concession operations. write your comments about the article :: © 2005 Construction News :: home page |