€100.550 The share price increased by +0.25 %   15/11/2024 17:38

ETF-Eurovia Travaux Ferroviaires will be building the LGV Est phase 2 between Metz and Strasbourg.

23 November 2011 - New contracts - France

A €180 million design-build contract

ETF-Eurovia Travaux Ferroviaires signed a contract on 20 October 2011 with Réseau Ferré de France (RFF), the French rail track manager and Owner of the LGV Est high-speed line, to build 212 kilometres of track between Metz and Strasbourg as part of the second phase of this Europe-wide project.

The design-build contract, worth a total of €180 million, covers integrated project management and construction of track and all the necessary overhead-line equipment, including, in particular, 474 km of rail track, one million tonnes of ballast and 395,000 sleepers. Work on this 46-month project was launched on 15 November and will be managed by L’Européenne de Travaux Ferroviaires, a ETF-Eurovia Travaux Ferroviaires subsidiary which brings together all Eurovia's rail activities.

ETF-Eurovia Travaux Ferroviaires is a top-flight player in construction and maintenance of fixed rail installations on French railway networks and urban transport networks. Its technical expertise covers the rail track, railway civil engineering, overhead lines, distribution of energy and signalling. The company was involved in the Rhein-Rhône LGV (high-speed line), East, in France, for which it built 300 kilometres of track. It will also be building the rail track and overhead lines for the Sud Europe Atlantique (SEA) high-speed line between Tours and Bordeaux, which is to date the biggest rail concession in the world, under the leadership of VINCI.

Eurovia, a VINCI subsidiary, is a European leader in the construction and maintenance of road and rail transport infrastructures. With operations in 17 countries, the company has 40,000 employees and generated revenue of €7.9 billion in 2010.

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.