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2013-vinci-annual-report

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92 CONTRACTING / EUROVIA<br />

Lastly, in specialist activities, business<br />

remained buoyant for Cardem, a subsidiary<br />

specialising in deconstruction, boosted by<br />

an acquisition in the Greater Paris area in<br />

the run-up to the Grand Paris projects. The<br />

company’s integrated asbestos removal,<br />

demolition and pollution remediation solutions<br />

were employed on sites of all kinds,<br />

including a fossil-fired power plant in Loire<br />

sur Rhône, a hospital in Clermont Ferrand<br />

and several high-rise apartment buildings<br />

in Lyon, Strasbourg and Bezons. Subsidiary<br />

Signature also continued to record good<br />

levels of business in its road sign and road<br />

marking activity.<br />

Europe<br />

Germany<br />

Business declined 7.3% to €0.8 billion.<br />

Eurovia GmbH continued to scale back<br />

activity in order to maintain margins in the<br />

very difficult market environment.<br />

This affected mainly the roadworks-related<br />

business lines (civil engineering, earthworks<br />

and demolition). In the motorway<br />

sector, <strong>2013</strong> saw strong activity on the A5<br />

project in Baden-Württemberg and the A9<br />

motorway in Thuringia, where Eurovia is<br />

working for VINCI Concessions under the<br />

A-Modell programme to renovate a 46.5 km<br />

section between Berlin and Munich.<br />

The project includes widening a 19 km<br />

stretch to three-lane dual carriageway.<br />

The year’s other main projects included<br />

construction of the new Schwanebeck<br />

motorway interchange north of Berlin and<br />

the renovation of the city centre of Koblenz.<br />

United Kingdom<br />

Eurovia UK Ltd recorded 47.4% growth in<br />

revenue to €0.5 billion, attributable to multi-year<br />

contracts won during the previous<br />

year and ongoing sales and marketing<br />

momentum. In addition, two 25-year PFI<br />

contracts won in synergy with VINCI<br />

Concessions came into force in <strong>2013</strong>.<br />

01<br />

One covers renovation and maintenance of<br />

the road networks of the London Borough<br />

of Hounslow (432 km of streets and 763 km<br />

of pavements) and the other the Isle of<br />

Wight (821 km of roads and 767 km of pavements).<br />

Apart from these two operations,<br />

13 service contracts for the maintenance of<br />

road infrastructure, with an average duration<br />

of five years and seven months, were<br />

under way at the end of <strong>2013</strong>.<br />

In works activities, Eurovia UK Ltd continued<br />

construction of a new 1.6 km road<br />

link in Rotherham, South Yorkshire, and<br />

won the contract to build a roundabout in<br />

the same city. Additional contracts were<br />

REVENUE INCREASED<br />

47% IN THE UNITED<br />

KINGDOM.

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