Graña y Montero Announces that Morelco Was Awarded Two New Contracts in Colombia for US$ 15.9 Million
September 19 2017 - 5:56PM
Business Wire
Graña y Montero S.A.A. (NYSE:GRAM) (BVL:GRAMONC1) (“the Company”
or “Graña y Montero”), a leading Engineering and Construction
company, announced that its subsidiary Morelco in Colombia was
awarded two new contracts today with Ecopetrol, a Colombian
national oil company.
The first contract amounts to US $ 11.902 million for an
air-cooling system at the Suria and Ocoa thermoelectric plants;
while the second contract is for US $ 4.087 million granted for the
refurbishment works of Reficar (Refinery of Cartagena).
"These two contracts are part of the progress of our business in
the international market and also contribute to the maintenance and
improvement of important projects. We will continue working on this
line to strengthen the regional dimension of the Group," said Luis
Diaz Olivero, Chief Executive Officer of Graña y Montero.
Morelco is a construction company specialized in the
hydrocarbons sector with operations in Colombia, that contributes
to the development of the industry through the design,
construction, maintenance and operation of integral infrastructure
solutions.
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version on businesswire.com: http://www.businesswire.com/news/home/20170919006685/en/
Graña y Montero S.A.A.Samantha Ratcliffe, (511)
213-6573Head of Investor
Relationssamantha.ratcliffe@gym.com.perelacion.inversionistas@gym.com.pehttp://investorrelations.granaymontero.com.pe/
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