Activities
Eurovia's four complementary business lines: build, operator, produce and provide services
Eurovia specializes in transportation infrastructure and urban development. We build roads, highways, railway lines, and airport and light-rail platforms. We take part in industrial and commercial construction projects. Our expertise extends to urban development initiatives designed to enhance quality of life. We also provide road markings, signs, and related equipment. These activities account for 73% of our revenues.
Eurovia's second business line is material production and recycling. We own and operate a network of quarries, binder plants, asphalt-production units, and facilities for recycling, recovery, and re-use. Our vertical integration strategy secures our supply chain, and we have sufficient reserves of aggregates for an estimated 30 years.
We sell two-thirds of our quarries' output. We also operate manufacturing units that produce road equipment. These activities generate 20% of our revenues.
Finally, Eurovia consolidates and enhances its offering through specialized services. Prior to project implementation phases, we take part in design and coordination, provide expert consulting and technical assistance, for example, as part of public-private partnerships. Post implementation, we provide comprehensive maintenance services for roadway, highway, railway, and urban transportation infrastructure (including network management, ongoing maintenance, winterizing strategies, and emergency response).
The US 19 project in Florida
Hubbard Construction was awarded the US 19 project (a build/finance mandate) in Clearwater, Florida. The project calls for the conversion of a 4.1-km section of a six-lane urban road into a dual 3-lane flyover and includes the building of five bridges as well as north and southbound 2-lane access roads.
Florida's Department of Transportation will finance 80% of the project; and Hubbard the remaining 20%. This is one of the company's largest contract to date and Eurovia's first build/finance mandate in the U.S.
ETF-Eurovia Travaux Ferroviaires lays the tracks for Line 3 of the Cairo subway system
In consortium, ETF-Eurovia Travaux Ferroviaires was awarded a contract to install tracks for Line 3 of the Cairo subway system. The Company will supply and install 14 km of underground tracks as well as an electrical power supply line. VINCI has already completed Lines 1 and 2 of the Cairo subway system. Currently, the Group is completing Phase 1 for Line 3.
This project, awarded to ETF-Eurovia Travaux Ferroviaires, is part of the civil engineering mandate of Phase 2 for Line 3, awarded to VINCI Construction Grands Projets. Entry into service for this section is scheduled for October 2013.
Eurovia also targets niche markets
Eurovia is focused on providing its clients with a comprehensive range of services. That is the reason we are also active in very specific areas, including: hydraulic works; planning, implementing, and maintaining green spaces; and installing wind-turbine foundations. These services are made possible through strategic partnerships among many of our subsidiaries. An example?
Sethy has developed a service offering in hydraulic works. Its achievements in this area not only include river and canal development projects, but the construction of dams as well. TP Spada specializes in port development. SBR provides heavy concrete bollards and other structures used as protective barriers at worksites. Chadel maintains green spaces. The Eurovia division at Morlaix and Eurovia's Romanian subsidiaries are interested in preparatory works for wind-turbine: access paths, crane platforms, and reinforced concrete foundations for wind turbine masts.
ETF-Eurovia Travaux Ferroviaires makes Eurovia a leading player in rail systems
All around the world, the need for new rail infrastructure is growing, but so is the need for rail system upgrades and maintenance. In France alone, according to the government's environment round-table, 2,000 km of new high-speed lines and 1,500 km of light-rail lines must be built. In September 2008, in an effort to provide comprehensive services to this promising growth market, Eurovia acquired Vossloh Infrastructures Services and renamed it ETF- Eurovia Travaux Ferroviaires.
Urban transit - the Company's traditional business line - remains a strong and dynamic sector. Eurovia is the leader in France in the light-rail market, with systems already implemented in approximately 20 cities. Currently, the Company is laying tracks for the future Leslys light-rail line in Lyons. Eurovia also frequently collaborates with VINCI on subway-construction projects, as is the case presently in Cairo. Railways constitute yet another traditional business line for the Company: it undertakes new rail construction (particularly high-speed lines), upgrades and maintenance of national lines and industrial sidings, and the installation and maintenance of catenary wires. In France, Eurovia is among the three leading companies in this sector.
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