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| Dragados enters Poland and extends its presence in the US  Spanish construction company Dragados, SA has been awarded its first contract in Poland, specifically the construction of a ring road around the city of Skoczow at a price of 21.5 million euros, and it has increased its presence in the United States via a contract for the refurbishing of three dams built last century in the state of New York, amounting to 74 million dollars. The first works project awarded to the ACS Group construction company in a former Eastern Bloc country will be executed as a Joint Venture with the Polish company Polimex-Mostostal and it will be carried out by the Road and Highway Administration of the Polish Ministry of Infrastructures and Transportation. The ring road around Skoczow is part of the S1 motorway connecting Krakow with the Czech Republic.The works in this city located in the south of Poland, with an execution term of one year, are backed by funding from the European Union Cohesion Funds and they will include the execution of a structure over a railroad track. The Spanish company has a 60% holding in the company that was awarded the project and the Polish construction partner holds the remaining 40%. Polimex-Mostostal is one of the largest Polish construction groups and its turnover in 2005 amounted to 370 million euros. And precisely the ACS Group construction company has just been awarded a new contract in the United States, consisting of the refurbishing of three dams in the state of New York. These works will be carried out for the Environmental Protection Department (EPD) of the state of New York and they have an execution deadline of 36 months. They will basically consist of an extension of the unloading capacity of the spillways, the reconstruction of a power supply tower, and the replacement of electro-mechanical elements. write your comments about the article :: © 2006 Construction News :: home page |