Graña Y Montero S.A.A. Announces New Vial Y Vives Contract in Chile
October 18 2013 - 6:17PM
Business Wire
Graña y Montero S.A.A. (“Graña y Montero” or “the
Company”)(NYSE:GRAM)(BVL:GRAMONC1), the engineering and
construction Peruvian company recently listed in the New York Stock
Exchange, announced its subsidiary Vial y Vives S.A. received a
“Letter of Adjudication” granted by the mining company Minera Los
Pelambres, owned by Antofagasta Minerals Group.
The awarding is for the execution of a contract of US$ 78
million for civil works and the assembly of a truck workshop with
auxiliary buildings denominated “Pelambres (4ta region)” in a
period of 18 months, starting on October 21, 2013.
Minera Los Pelambres is located 45 Kms to the East of Salamanca
City, Choapa Province, Region IV of Coquimbo, Chile, at 3.100
meters above sea level.
About Graña y Montero S.A.A.
Founded in 1933, Graña y Montero is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange since 1997 and now also the NYSE. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 80 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, which is
specialized in electric services, with operations in Chile, Peru
and Colombia.
Graña y Montero is listed in the NYSE under ticker symbol “GRAM”
and in the Lima Stock Exchange under ticker symbol “GRAMONC1”.
Graña y Montero S.A.A.Juan Jose Arrieta, 511-213-6598Corporate
Communications & Social Responsibility
Officerjarrieta@gym.com.peorDennis Gray F., 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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