Total volume of over €90 million: Bilfinger receives significant orders in the industrial business
September 08, 2014
Bilfinger, the engineering and services group, has won two orders in Romania and Norway with a total volume of over €90 million. The largest German provider of industrial services has thus strengthened its position in Eastern Europe and bolstered its position as market leader in Scandinavia.
Romania: new natural gas production plants
In Romania, Bilfinger will deliver two complete plants as part of a joint venture for the production of natural gas for oil and gas group OMV Petrom at the Madulari and Burcioaia locations. Bilfinger will be responsible for engineering and procurement. Joint venture partner Max Streicher will carry out the accompanying construction work.
The order has a volume of more than €60 million and Bilfinger's share amounts to a good €30 million. With the production plant award, the joint venture believes it is well-positioned to win additional upcoming projects from the client.
Norway: full-service contract for fertilizer production
In Norway, Bilfinger has recently won the order to provide another five years of maintenance services at two production plants for its long-standing Norwegian customer Yara, one of the world's largest producers of fertilizers. The framework agreement has a volume of more than €60 million.
In addition to maintenance, the order comprises modifications, turnarounds and plant optimization projects. The framework agreement relates to production at the Porsgrunn site in southern Norway, where Yara operates one of the world's largest fertilizer production plants, as well as the production facility at the Glomfjord site in the north. Bilfinger is the exclusive service partner at these locations for electrical automation and mechanical trades over the term of the contract.