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A N N U A L R E P O R T A N D A C C O U N T S - CMVM

A N N U A L R E P O R T A N D A C C O U N T S - CMVM

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Management Report of the Board of Directors - Financial Year 2008<br />

This Mission has been followed throughout TEIXEIRA<br />

DUARTE’s history thought the application of its Values, that<br />

go from Skill, to Efficiency, to Engagement, to Truth, to<br />

Commitment to the obligations toward its stakeholders, to the<br />

Trust of its employees and to the Respect for its peers and for<br />

the dignity of the human beings and of institutions.<br />

These are behaviours that guide everyone’s activities and<br />

which reflect an implicit and instinctive way of acting that<br />

implies the natural adoption of actions that give priority to<br />

Safety and to the prevention of Health risks, to Quality, to<br />

Pollution prevention, to the preservation of the Environment<br />

and to Social Responsibility and which indeed become<br />

fundamental vectors in all employees’ behaviour.”<br />

We continue to promote and to provide training within the<br />

general and specific scope of Safety, Quality and<br />

Environment, aiming to cover more people and more topics,<br />

highlighting the development of these matter in Angola, due to<br />

the requirements arising from the significant work portfolio in<br />

that country, as well as in the different commercial areas, with<br />

the preparation of specific documentation related to Safety,<br />

Environment and Quality documentation that is required in<br />

Tender Programmes.<br />

In fact, the Company has been increasingly careful in<br />

achieving and having a solid performance in this matter,<br />

through the control of the environmental impacts deriving<br />

from its activities, products and services, in line with the<br />

different standards, policies and outlined objectives.<br />

With regard to Equipment, there was an improvement in the<br />

respective occupancy rate values, which went from 37% in<br />

2007 to 47% in 2008, as well as the significant investment in<br />

the acquisition of new machines for road construction, due to<br />

the fact that part of them had to be available for the Angolan<br />

and Algerian markets.<br />

Teixeira Duarte’s Material Laboratory also started to deploy<br />

its resources to support the works being carried out in Angola,<br />

namely in the manufacture and control of the concrete<br />

produced by the company of the Group based in Luanda,<br />

“Betangola, Lda.”.<br />

Despite the considerable deployment of resources used for<br />

that purpose, in 2008, five new tests were accredited by the<br />

Portuguese Accreditation Institute:<br />

- Determination of Void Volume and Density NP EN 1097-3:<br />

2002;<br />

- Determination of Crushing Strength NP 1039: 1974;<br />

- Depth of Penetration of Water under Pressure NP EN<br />

12390-8: 2003;<br />

- Determination of Water Absorption by Immersion. Tests<br />

performed under Atmospheric Pressure. LNEC E 394: 1993;<br />

- Determination of Water Absorption by Capillary Action EN<br />

13057: 2002.<br />

The profound changes in the legislation relating to concrete<br />

manufacture, control and applications, deriving from Decree-<br />

Law No. 301/2007 of 23 rd August, led the Laboratory, together<br />

with the Central Directorate for Safety, Quality and<br />

Environment and with the Formwork Operation Centre and<br />

also with the support of “Associação QSP” (Portuguese Steel<br />

Industry Quality Association), to promote and carry out a<br />

refresher training campaign in those areas for the Company’s<br />

senior executives.<br />

With regard to Research and Development, sprayed<br />

concrete was the material chosen in 2008, following the work<br />

carried out in this field to obtain that high performance<br />

material (in terms of shrinkage and permeability), applied dry<br />

in the rehabilitation works on Barra Bridge, in Aveiro.<br />

In this area and within the scope Geotechnique and<br />

foundations, a technical and scientific cooperation protocol<br />

was signed with the Construction Institute of the Faculty of<br />

Engineering of Porto, regarding the development of “Studies<br />

to Asses the Conditions that led to sand liquefaction (“sable<br />

de Les Dunes”) at the time of the Boumerdes earthquake in<br />

Algeria, 2003”.<br />

As announced above, the other activity developments of<br />

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