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

Management Report of the Board of Directors - Financial Year 2008
- Completion of the construction of the upper platform and
accesses to the PMO (Workshop Material Park) of Guifões,
executed by a consortium led by OFM, for “Metro do Porto, S.A.”.
- Rehabilitation and Reconstruction of the Breakwater Quay at
Ericeira Harbour, executed under a consortium arrangement, for
“IPTM – Instituto Portuário e dos Transportes Marítimos, I.P.”;
In the Maritime Works area:
Completion of the following contract jobs for:
- Construction of the new Multi-Purposes Terminal of Leixões
Harbour, executed under a consortium arrangement, for
“Administração dos Portos do Douro e Leixões, S.A.”;
- Construction of the New Maritime Cruise Ship Terminal of
Ponta Delgada, executed under a consortium arrangement,
for the “Administração dos Portos das Ilhas de S. Miguel e
Santa Maria, S.A.”;
55 IPTM - Instituto Portuário e dos Transportes Marítimos (Port and Maritime Transport
Institute) / Rehabilitation of the Western Breakwater of the Port of Peniche
- Rehabilitation and Reinforcement of the Quays between
Santa Apolónia and Jardim do Tabaco (2 nd phase) – Work to
be executed by “Cais de Cruzeiros - 2ª fase, ACE” group.
54 Port Administration of the Islands of S. Miguel and Santa Maria / New Sea Cruise Terminal
of Ponta Delgada / Azores
- Extension of the Solid Bulk Cargo Terminal at Figueira da
Foz Harbour, for IPTM – Instituto Portuário e dos Transportes
Marítimos, IP;
- Execution of a Mooring Quay at the Clinker Grinding Mill in
Mitrena, Setúbal, for “PEPORSET – Terminal Portuário de
Setúbal, S.A.”;
- Rehabilitation of the West Breakwater at Peniche Harbour,
executed by a consortium led by OFM, S.A., for “IPTM –
Instituto Portuário e dos Transportes Marítimos, I.P.”;
The following contract jobs in the maritime sector are in
progress:
During 2008, OFM, S.A. invested a total sum of EUR 835
thousand, highlighting the acquisition of a Komatsu PC750SE
Dragline Excavator, two Modular Pontoons, one with eight
Modules and another with four Modules, as well as a set of
Sheet Piles and a 150KW Dredging Pump with its respective
power supply unit.
A comfortable public works portfolio was carried forward to
2009, so a turnover of more than EUR 30,000 thousand is
expected.
Following the obtainment of the Occupational Health and
Safety Management System certification, which resulted in
OFM, S.A. having a Certified Integrated Management System
in the areas of Safety, Quality and Environment, the Company
has decided to move on to the Social Responsibility
Management System, to be certified in 2009 under standard
SA 8000.
The implementation of the IDI Management System
(Research, Development and Innovation) is in the start-up
stage.
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