WYG Plc WYG awarded ?5.8m Polish Government contract
March 04 2016 - 2:01AM
RNS Non-Regulatory
TIDMWYG
WYG Plc
04 March 2016
4 March 2016
("WYG" or "Company")
WYG plc
WYG awarded EUR5.8m Polish Government contract
WYG plc, the global programme, project management and technical
consultancy, is pleased to announce that it has been awarded a new
contract worth up to EUR5.8m to support the Polish Government's
initiative to help the unemployed.
This new contract will be delivered over a series of planned
actions, supporting the Silesian Labour Office, in eight districts
of this industrial region. EUR2.0 million is attributable to the
first stage of the project, which is scheduled to be delivered over
the next 18 months. Under the contract WYG will provide short term
training and initial assistance to the unemployed. The estimated
budgetary allocation of the Polish Government for the overall
programme is EUR50 million in 2016 and this is now reaching the
tender stage in regions throughout Poland.
Paul Hamer, Chief Executive Officer of WYG, said:
"I am delighted to announce this contract win, particularly as
it is for such a worthwhile cause. This is one of the first of a
number of similar projects under the overall programme which are
expected to be tendered by the regional labour offices financed
through the Labour Ministry in Poland. The contract award
demonstrates that government and EU funds are again starting to
flow following the recent hiatus in spending. WYG is very well
placed to take advantage of future growth opportunities in
Poland."
ENDS
Contacts:
WYG plc Tel: 0113 278
Paul Hamer, Chief Executive Officer 7111
Sean Cummins, Group Finance Director
MHP Communications Tel: 020 3128
John Olsen / Katie Hunt / Ollie Hoare 8100
N+1 Singer Tel: 020 7496
Sandy Fraser / Nick Owen 3000
WH Ireland Limited Tel: 020 7220
Adrian Hadden / Liam Gribben 1666
Notes to editors:
About WYG
WYG is a leading programme, project management and technical
consultancy employing over 1,500 people and operating from more
than 50 locations across the UK, Europe, Africa, Asia and the
Middle East. We specialise in creating and managing strategic
assets for our clients. We engage with them in the early stages of
a project, and often continue to advise them throughout its
lifecycle.
Outside the UK, we have also become a leader in international
development, exporting our knowledge and networks to undertake
ambitious projects that make a positive impact on infrastructure,
socio-economic growth and the environment. Our in-house expertise
encompasses seven global sectors: defence & justice, energy
& waste, environment, mining & metals, social development
and infrastructure, transport, and urban development. We also bring
together a network of more than 20,000 partners and associates from
around the world. This breadth of skills and knowledge allows us to
provide a unique integrated approach to solve complex challenges
wherever in the world our clients need us.
WYG plc's shares are traded on AIM, a market operated by the
London Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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