CAIRO, December 17, 2018 /PRNewswire/ --
- Strategic
Cooperation
to drive
deployment of
advanced
maintenance,
modernization
and
digitalization
solutions
- Agreement to
enhance
both
companies'
growth
opportunities
in the
country's
hydrocarbon,
energy and
industrial
sectors
Bilfinger, the engineering and industrial solutions powerhouse
and Egyptian Maintenance Company, the country's leading maintenance
solutions provider signed a Memorandum of Understanding to
establish a Strategic Cooperation aimed at positioning both
Companies to accelerate growth in the maintenance and
modernization.
(Photo:
https://mma.prnewswire.com/media/799022/Bilfinger_EMC_01.jpg
)
(Photo:
https://mma.prnewswire.com/media/799023/Bilfinger_EMC_02.jpg
)
The cooperation, in line with country's drive for optimization
and modernization of its industrial assets, focused on delivering
advanced solutions to help end users and operators reduce
maintenance cost, increase energy efficiency and maximize assets'
life cycle returns.
"The Partnership is a great strategic fit, building on
Bilfinger's know-how and innovative solutions such as BMC®, BTC®
and BCAP® and leveraging EMC's unparalleled capabilities and highly
qualified resources in the country and beyond", Ali Vezvaei,
President & CEO of Bilfinger Middle East commented.
Eng. Mohamed Shimy, Chairman of EMC commented: "We are very
pleased to establish an important partnership with a globally
recognized company like Bilfinger. This resonates well with our
vision of protecting our customers' assets, while creating
shareholder value and maintain a leading market position."
Bilfinger is a leading international engineering and industrial
services provider. The Group enhances the efficiency of assets,
ensures a high level of availability and reduces maintenance costs.
The portfolio covers the entire value chain from consulting,
engineering, manufacturing, assembly, maintenance, plant expansion
as well as turnarounds and also includes environmental technologies
and digital applications.
The company delivers its services in two business segments:
Engineering and Technologies and Maintenance, Modifications &
Operations. Bilfinger is primarily active in the regions
Continental Europe, Northwest
Europe, North America and
the Middle East. Process industry
customers come from sectors that include chemicals & petrochem,
energy & utilities, oil & gas, pharma & biopharma,
metallurgy and cement. With its 36,000 employees, Bilfinger upholds
the highest standards of safety and quality and generated revenue
of €4.044 billion in financial year 2017.
You can find additional information, photographs and videos at
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YouTube