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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 />

- FORMWORK AND PRE-STRESSING OPERATION CENTRE<br />

In line with the increasing activity of the Construction Operation Centre, the<br />

production of this Centre reported a strong boost during the year under review.<br />

Within this scope, the most significant contract jobs were:<br />

- Odelouca Dam, for “AdA – Águas do Algarve, S.A.”;<br />

- Vodafone Building – Porto, for “Millennium BCP - Gestão de Fundos de<br />

Investimento, S.A.”;<br />

- SIP – Execution of the PM4 Building of the new paper factory in Setúbal, for “About<br />

The Future – Company Produtora de Papel, S.A.”;<br />

- New Cascais Hospital, for a company of Teixeira Duarte Group.<br />

Besides the above, the Formwork and Pre-stressing Operation Centre continued to<br />

assert its importance in contributing to the Company’s overall good performance<br />

levels, providing resources and solution for problems that arose, particularly in<br />

external markets.<br />

The Centre continued to privilege training, having reinforced the different areas of the<br />

technical team, with the recruitment of young elements, more precisely for project<br />

management, administrative and preparation works.<br />

Due to the completion of the abovementioned works and to the new large<br />

construction yards that were opened, such as the Railway Crossing of Sado River<br />

and the Douro Litoral Concession, an increase in activity is expected for 2009.<br />

43 REFER / Railway Crossing over Sado River<br />

44 Vodafone Building / Av. dos Aliados / Porto<br />

45 Águas do Algarve / Odelouca Dam<br />

57

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