Imtech receives orders for 46 million euro in Spain

Thursday, 22. May 2008 07:30
Gouda, The Netherlands - Imtech (technical services provider in
Europe) announces that it has won several new build and maintenance
projects in the Spanish buildings market. New orders were received
for a total of more than 46 million euro.

New orders from a growing base of regular customers
Imtech focuses on technological services to a growing base of mostly
regular customers. This specific approach proved to yield growth.
Recently new projects were started in the various regions for
existing customers including Metrovacesa-Sacresa, Bovis Lend Lease,
Sacyr, Eralan and Institut Català d'investigació Química.

In Barcelona and Madrid, Imtech started with the mechanical
engineering (HVAC, Heating Ventilation Air Conditioning) and building
automation in the new shopping centres 'Las Arenas' (Barcelona) and
'Alcalá Magna' in Alcalá de Henares (Madrid). In Barcelona Imtech
gained a new order for the 'Mandarin Hotel' and in Madrid for the
'Rafael Hoteles'. Moreover, Imtech is involved in the new Sport Club
'Arsenal' in Madrid and an enlargement of the chemical research
centre 'Institut Català d'investigació Química' in Barcelona.

Maintenance is growing fast
Imtech has been active for many years in the buildings market in and
around the important economic regions of Madrid, Valladolid,
Barcelona, Valencia and since 2007 in Seville. The separate
maintenance services unit is doing very well. On the maintenance
market, which is dominated by large contractors, there is a clear
need for a professional technological services company that has
maintenance of technical solutions as its core business. A new
maintenance philosophy was launched and the order portfolio is
increasing fast with orders from new clients like Grupo Sar, Bami
Newco and National Institute of Physical Education of Cataluña.

The strategy is aimed, on the one hand, at acquiring maintenance
contracts for ongoing or completed Imtech projects, like large
recently maintenance contracts acquired for the recently finished
'Espacio León Shopping and Leisure Centre' in León and the
'Scientific Complex of Cataluña' in Barcelona. On the other hand
Imtech was successful with acquiring new maintenance contracts like
four Hotels in Barcelona from Accord Hotels and all offices in
Cataluña from Servei d'Ocupació de Catalunya (a Spanish job creation
organisation).

Imtech in Spain
In Spain Imtech is active in the buildings and industry markets, with
a focus on offering total mechanical services in new build and
maintenance (technical management and maintenance services) projects.
Imtech has a growing and broad portfolio in offices, shopping
centres, museums, conference centres, hotels and special buildings
like research centres and laboratories. Imtech is not active in the
construction or in the residential sector.


Further information

Press: Analysts & investors:
Pieter Koenders Jeroen Leenaers
Manager Corporate Communications Manager Investor Relations
T: +31 (0)6 5574 6585 T: +31(0)182 543 504
E: pieter.koenders@imtech.eu E: jeroen.leenaers@imtech.eu
www.imtech.eu www.imtech.eu

Imtech profile
Imtech N.V. is a European technical services provider in the fields
of electrical engineering, ICT and mechanical engineering. With over
18,000 employees, Imtech achieves annual revenue of more than 3.3
billion euro. Imtech holds strong positions in the buildings,
industry and infrastructure/mobility markets in the Netherlands,
Belgium, Luxembourg, Germany, Eastern Europe, the UK, Ireland and
Spain and in the global marine market. In total Imtech serves 14,000
customers. Imtech offers added-value in the form of integrated and
multidisciplinary total solutions that lead to better business
processes and more efficiency for customers and the customers they,
in their turn, serve. Imtech also offers solutions that contribute
towards a sustainable society, for example in the areas of energy,
the environment, water and mobility. Imtech shares are listed on the
Euronext Stock Exchange Amsterdam, where Imtech is included in the
Midcap Index and the Next 150 index.

View document
Related Links: Royal Imtech N.V.
Author:
Hugin
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