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ISSUE 1464 Athens International Airport

Taking Flight Athens International Airport (AIA) is a prime example of the difference that business excellence can make

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CONTENTS

COVER STORY

18 Athens International Airport

Taking Flight Athens International Airport (AIA) is a prime example of the difference that business excellence can make.

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Baha Mar

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Thessaloniki Metro

Excavating the city’s future Thessaloniki has an incredible cultural history going back thousands of years, what’s going on below ground is almost as much of interest as what happens at street level.

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Metropolitano de Tenerife S.A

A Revolution in Movement The transport network in one of Spain’s most popular tourist destinations needed to accommodate a new reality.

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Life’s spectacular in the Bahamas When most people think of a tropical island paradise, more often than not, the Bahamas is the location which springs to mind.

PPC Greece

Power to Greece After almost 10 years of austerity, thankfully it appears that Greece is coming out of some of the most turbulent times in its modern history.

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Anheuser-Busch InBev

Something special is brewing When Anheuser-Busch InBev merged with South African Breweries (SAB) back in 2016, it was already the biggest brewer by volume in the world

APM Terminals Moin

Costa Rica’s window onto the world We discover just how many ways the Port of Moin is strategically important for Costa Rica.

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Westshore Terminals

The Future Looks Assured Canada’s abundant mineral resources have led to an economic surge over the past decade, with shale oil occupying most of the newspaper columns.

102 Somincor

Expanding Alentejo’s Largest Exporter The A l e n te j o district of Portugal is sometimes referred to as the ‘bread basket’ of Portugal thanks to its rich food reserves.

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LIFE’S SPECTACULAR

IN THE BAHAMAS Baha Mar When most people think of a tropical island paradise, more often than not, the Bahamas is the location which springs to mind RESEARCH BY

Wisner Gomes

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Baha Mar Blue Hole Pool

hen most people think of a tropical island paradise, more often than not, the Bahamas is the location which springs to mind. The stunning shoreline of this island nation has been enchanting many of the world’s most high-profile individuals for decades. Famous Bahamas homeowners include Mariah Carey, Johnny Depp and even Bill Gates.

Luxury is a byword in the Bahamas, as reflected by the range of world class hotels.

There is no better example of this than Baha

W

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Mar in Nassau, the first of the region’s great destination resorts. Its roll-out to visitors over the course of 2017 and 2018 has led to many recognizing Bahamas as the natural treasure that it has always been.

Featuring three hotel brands in one development (Grand Hyatt, SLS and Rosewood), a signature Jack Nicklaus golf course, the largest casino and convention centre in the Caribbean and world-class shopping and restaurants, the resort is actually a kind of paradise of all of its own. We

BAHA MAR

“Baha Mar employs 4,000+ people. Over the next few years, it is projected that it will contribute 12% of the Bahamas’ GDP.”

decided to take a closer look at what makes Baha Mar so special.

Paradise: Found While the group of hotels behind Baha Mar speaks for itself in terms of the luxury that the project brings, the scale of the ambition of the resort is also clear from several other statistics. Baha Mar is a leading employer in the Bahamas, employing over 4,000 people.

Over the next few years, it is projected that it will contribute 12% of the Bahamas’ GDP.

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BAHA MAR

King Room Wide View

“Since the opening of Baha Mar resorts, Lynden Pindling International Airport in Nassau, the Bahamas has reported the highest number of passenger arrivals in the last decade” Visitor numbers are also on the rise; an airlift to the destination has also increased substantially throughout the last year, as top airlines add additional direct flight markets, seat count and frequency of flights from the United States and Canada. Since the opening of Baha Mar resorts, Lynden Pindling International Airport in Nassau, the Bahamas has reported the highest number of passenger arrivals in the last decade.

There’s also far more to Baha Mar than just being a popular destination resort, however.

The team behind its concept were more concerned with providing its guests with an experience than anything currently available in the area. By adding a cultural program to what it offers visitors, it has the added bonus of involving local communities.

The resort destination is so much more than “Las Vegas at the beach”. Baha Mar is home to The Current, an unparalleled arts program, gallery and studio space, designed to support local artists and promote Bahamian arts on a global scale. Overseen by Bahamian

BUSINESS EXCELLENCE [ ISSUE 1464 ]

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BAHA MAR

Artist John Cox, the arts program features 2,500 pieces of Bahamian art, showcased throughout the property.

And even children are welcome at the resort - not always the case with luxury hotels. Baha Mar has developed a series of educational activities for kids, a marine science program (including an extensive coral restoration project), and the resort’s BEACH Sanctuary, a natural animal sanctuary for indigenous marine life.

A massive contribution to Bahamas life A part of the experience that Baha Mar creates for its guests is to educate them about the importance of wildlife and the environment in the area. It invests significant resources to this. With so many visitors expected to pass through the resort and its three hotels in the years ahead, it’s important that the whole hospitality cycle is as sustainable as possible.

“A part of the experience that Baha Mar creates for its guests is to educate them about the importance of wildlife and the environment in the area”

Baha Mar Royal Blue Tee One

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I.C.S Security Concepts The #1 Patrol and Security Company in the Bahamas + Security Services + Executive Protection + Private Charter + GPS Tracking + CCTV Monitoring + Mobile Patrol

ICS Security Concepts P.O. Box CB-13965, Ivanhoe Rd., off Mackey St. Nassau, Bahamas

T. 242-394-0912-4/6 E. info@icssecuritybahamas.com www.icssecuritybahamas.com

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inspired Your weekly digest of business news and views

www.bus-ex.com

BAHA MAR

extended community, involving them in as many activities as possible.

Baha Mar dedicates resources towards ensuring a strong future for The Bahamas, focusing specifically on conservation, community and cultural initiatives. Throughout 2017 and 2018, Baha Mar sponsored the National Men’s Basketball Team; Fourteen Clubs, the youth golf organization in Nassau, and The Valley Boys, one of the leading Junkanoo bands in The Bahamas.

The Current at Baha Mar has evolved into Nassau’s leading arts and culture hub, sponsoring five Artists in Residence to create original works of art in the Baha Mar studios for guests to view and enjoy. And in addition to improving the guest experience, this has the added benefit of creating a new whole new market for the artists’ work that didn’t exist before Baha Mar.

Baha Mar ESPA Entrance

An example of Baha Mar’s commitment to sustainability can be seen in its joining the Reef Rescue Network earlier this year, a network of organizations and businesses in the Bahamas committed to the creation and management of coral restoration.

Elsewhere, that Baha Mar has also partnered with Bahamas National Trust, the authority on wildlife protection and wetland conservation throughout the Bahamas, on significant longterm initiatives and programs and joined the leading conservationists in the nation to host the 2018 Bahamas Natural History Conference at Baha Mar. And given that it employs over 4,000 people - indirectly creating several more thousand jobs in the process - it’s not difficult to understand why the management team behind Baha Mar are keen to look after the

Casino Evening

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Baha Mar Ariel view

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BAHA MAR

Partners and Suppliers Although tens of thousands of visitors are expected to pass through Baha Mar every year, the goal of its management is to ensure that the same standard of luxury applies to the 10,000th guest as the very first. Baha Mar has received considerable support in maintaining this level of service from a range of partners and suppliers.

Baha Mar is the largest hospitality project on the Bahamas and the largest of its kind in the Caribbean ever. The daily operations of the firm rely not just on Baha Mar’s valued team, comprised of everything from chefs to masseurs, but also on a band of local firms that bring their own expertise to proceedings.

The Future With its contributions to the local community, local artists and local NGOs, the impact Baha Mar is already making is quite remarkable.

Baha Mar has achieved luxury and elegance while involving all sides of the community into its day-to-day operations, as employees, suppliers and contractors, and even of course, artists and entertainers. Little wonder that its rooms have been sold out - performing well above expectations.

Baha Mar is projected to generate an additional 315,000 air passenger seats annually (new markets and larger planes from the existing markets), an increase of 19% over 2015 record of arrivals and signaling in the marketplace the revitalization of the Bahamas tourism brand. Thanks to the luxury brought

by Baha Mar, life truly is spectacular.

BAHA MAR

 242.788.8000  info@bahamar.com @BahaMarResorts www.bahamar.com

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Athens Interna

TAKING

Athens International Airpor of the difference that busi RESEARCH BY

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W

ational Airport

FLIGHT

rt (AIA) is a prime example iness excellence can make

Wisner Gomes BUSINESS EXCELLENCE [ ISSUE 1464 ]

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A

thens International Airport (AIA) is a prime example of the difference that business excellence can make. In 2013, passenger numbers had fallen to a 10-year low as Greece suffered a post-financial crisis. Fast forward 5 years, AIA has witnessed a dynamic growth with all-time record in terms of Passenger number, Flights, Cargo traffic culminating with a strong Financial Performance.

In 2018, AIA was named Southern Europe’s best airport in the Skytrax World Airport Awards, the largest annual global survey of air traveler satisfaction. At around the same time, it was recognized as second best in the world by AirHelp, a global aviation industry organization. Clearly, there’s something special going on at AIA, so we decided to take a closer look.

Background AIA was founded in 1996 as public-private partnerships with a 30-year concession. In a model which has been repeated numerous times since, AIA was the first Greenfield airport to use the public-private partnership form of financing. To this day, the government maintains its 55% share, with private partners holding the remaining 45%.

In the 22 years since its foundation, AIA has gone from strength-to-strength. In 2018, it employs over 13,000 people and over 300

“In 2018, AIA was named Southern Europe’s best airport in the Skytrax World Airport Awards, the largest annual global survey of air traveler satisfaction”

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ATHENS INTERNATIONAL AIRPORT

“In 2017, net profits reached 140 million euro, up from a little over 130 million the previous year. Operational revenues rose to 433 million in the same period” companies - a number which continues to grow, as we shall see. A 2013 study by the Athens University of Economics and Business showed that the airport contributed nearly 3% of the country’s GDP through direct and indirect channels.

The good news for the Athens and Greek economies is that it looks very much like it will continue to make a stellar contribution to both. In 2017, net profits reached 140 million euro, up from a little over 130 million the previous year. Operational revenues rose to 433 million in the same period, primarily drive by ever-increasing passenger numbers and commercial activities within the AIA. By the same token, in 2017 AIA welcomed an unprecedented 21.7 million passengers through its terminals, exceeding the previous year’s total by a huge 1.7 million. On the basis of early figures, it looks like a new record for passenger numbers could be registered in 2018, with the expectation being double-digit growth for the year.

One might recognize that airports, while not being the final destination, have a clear impact on the overall satisfaction with travel.

Similarly, AIA is also excelling on travel satisfaction, receiving recognition from a number of high-profile organizations for its excellence. Much of this recognition has also been driven by passenger surveys.

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Secure Solutions Cash Solutions Security Systems Telematic Applications

Securing Your World

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+30 2896300 info@gr.g4s.com www.g4s.gr

ATHENS INTERNATIONAL AIRPORT

G4S G4S, the world’s largest integrated security solutions group, with presence in more than 90 countries, has been active in Greece since 1979 in the areas of manned and electronic security, aviation and port security, cash transportation and handling and telematics services.

Our expertise in aviation security services is evidenced by our track record in many European international airports and dozens more in the Middle East and North America.

G4S is proud to be a valuable partner for the Athens International Airport from the first day of its operation and to provide, through the long experience and the professionalism of our people, aviation security services of the highest level. www.g4s.gr

Correspondingly, AIA was also recognized as best Airport in Southern Europe by ACI World. Furthermore the International Air Transport Association bestowed AIA with ‘gold status’ in its 2018 Fast Travel Awards.

The gold status recognizes the highest possible standards in areas such as selfcheck-in, documents checks, flight rebooking, self-boarding and bag-recovery.

Indeed, all of this has had a positive impact well beyond the AIA’s front door. For instance, according to GBR Consulting, 27 percent spike in international arrivals at AIA during the first quarter of 2018 has helped revenue per room at Athens hotels to grow by 14.6% year-on-year, due to increased occupancy levels and room rates.

What’s good for AIA then, is good for Athens.

Sustainability AIA’s management is also keen to ensure that what’s good for AIA is also good for the

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Contraband

Liquid explosives Narcotics

Solid explosives

Guns

Knives

Secured take off for new challenges!

For more than 20 years, we provide future proof, state-of-the art and regulatory approved threat detection solutions for: 路 Passengers and hand luggage screening 路 Hold Baggage screening 路 Air cargo screening 路 Sensors integration

Tel: (+30) 210 2806200 | Email: admin@protoncy.gr | www.proton-sa.gr

THE SPECIALISTS IN AIRCRAFT LINE MAINTENANCE THROUGHOUT SOUTHEAST EUROPE & MED

T +30 21089 71055 F +30 21089 71057 E info@athensaero.com

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Athens Aeroservices was founded with the objective to deliver the highest standard tailor made aircraft maintenance services to our clients, related to Line maintenance and consulting services.

Visit us at: www.athensaero.com

ATHENS INTERNATIONAL AIRPORT

environment. It closely monitors environmental conditions on a regular basis in the airport and its hinterlands. This includes working closely with all stakeholders, raising awareness about the importance of sustainability and amongst other initiatives, participating in a global industry initiative led by the ACI aimed at managing greenhouse gas emissions by airport operators.

AIA seeks to incorporate sustainability principles through its Environmental Management System (EMS), which has been certified according to ISO:14001 since 2000. It also requires all major third parties operating at the airport to certify their own EMS to the same quality standards, and/ or Eco-Management and Audit Schedule (EMAS) regulations.

A recent initiative undertaken by the AIA shows its determination to go beyond just meeting standards and to exceed them.

In 2018, for ‘Beat Plastic Pollution’ day, launched a recycling competition for all of the 300 or so companies operating within the airport. In conjunction with the competition, AIA removed all single-use plastics from its own workplaces.

AIA has also developed a comprehensive waste management system for managing all waste produced on the Airport premises based on “The Polluter Pays” principle. In 2017 AIA became the first carbon neutral airport

PROTON PROTON S.A. cooperates successfully with Athens International Airport since its opening in 2001. We provide technologically advanced screening equipment for security applications to detect prohibited items using a range of state-of-the art technologies, meeting regulatory requirements.

We have contributed to the continuous effort to fulfill AIA goals because of the excellent service we provide on 24/7 basis, the complete understanding from our side of the Airport’s needs and the trust they have shown us to meet their expectations.

Being a strategic partner of AIA is an asset for our company which is greatly appreciated. The fact that AIA has been selected as the No.1 airport in Europe for passenger experience evidently reflects the quality of our mutual efforts and achievements in a highly demanding and challenging environment. www.proton-sa.gr

“A recent initiative undertaken by the AIA shows its determination to go beyond just meeting standards and to exceed them”

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Rising to meet tomorrow’s challenges

Innovative Solutions for Greener Buildings™

Solemn HVAC services provider for Athens International Airport

ICTS Hellas is the leading provider of innovative security solutions to high-risk environments.

We aim at enhancing total value through service excellence and leading-edge products designed

… when reliability matters T. +30 2103248244 E. info@triandros.gr W. www.triandros.gr

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to optimise passenger experience at the check-in, security, and boarding gate.

T: +30 210 9616 363 | E: info@icts.gr

www.icts.gr

ATHENS INTERNATIONAL AIRPORT

MATERNA IPS Materna ips has been a leading player in the aviation industry for over three decades with a one-stop-shop portfolio consisting of check-in, baggage drop-off and access solutions for passenger handling. Our long-term track record is your guarantee for field-proven, reliable, secure and cost-efficient solutions that simplify your passenger’s journey. www.materna-ips.com

“Technology forms a central role at AIA. It recently joined forces with FLIO to enhance passengers’ digital experience at the airport”

in Greece and subsequently joining other 25 airports in all of Europe. This was in large part due to the significant investments made in alternative energy (namely solar park) within the airport’s confines.

Technology Technology forms a central role at AIA. It recently joined forces with FLIO to enhance passengers’ digital experience at the airport.

Thanks to this partnership, AIA passengers can use their smartphone to book parking, obtain airport information, receive discounts within the airport and most importantly, receive live flight information through the AIA/FLIO mobile application.

Elsewhere, AIA has launched its own annual innovation contest, called the Digital Gate Airport Innovation Challenge, which seeks to recognize the best airport-related innovation in the market. This attracts contestants from both the academic and industry spheres, and as far as we are aware, is the only such airport-related innovation award of its kind in existence.

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“Airlines have also sat up and taken notice. New routes in 2018 have already included several American Airlines, Ryanair, WizzAir and others”

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ATHENS INTERNATIONAL AIRPORT

“Achieving excellence requires excellent partners. AIA has developed a world-class collection of service providers to help it continue on its journey of growths”

Partners Achieving excellence requires excellent partners. AIA has developed a world-class collection of service providers to help it continue on its journey of growth. These include G4S Secure Solutions S.A and ICTS for the provision of security services, and Triandros Constructions Ltd Athens AeroServices for repair and maintenance services and aircraft maintenance provider at the airport respectively.

On the technical side, there’s also Redex S.A. for provision of power quality optimization system electrical equipment, Materna IPS, which aided AIA in the procurement, installation and maintenance of a new automated boarding pass control system, and last but not least, J/V Watt SA, which ensure that the waste generated by over 20 million visitors each year is sustainably managed.

Equally, Proton S.A. has partnered with AIA to provide Liquid Explosives Detection System (LEDS)

The Future AIA’s success is a collective effort and one of never standing still. Key developments

of operational facilities for departures and arrivals, enhanced passport control for departing passengers, additional check-in and ticket counters, as well as new retail and food & beverage areas. This will surely be an asset going forward as its recent proposal to the Greek government about extending its commission by 20 years was enthusiastically accepted.

It’s hardly surprising that the extension was granted. Under AIA management, the airport is excelling. Praise has come from as lofty a position as the IATA, who stated in 2018: “AIA strives to be at the forefront of the Industry by providing world-class services to its passengers. Let this be an example to other airports not just in Greece, but also for the rest of Europe.”

Airlines have also sat up and taken notice.

New routes in 2018 have already included several American Airlines, Ryanair, WizzAir and others. In 2019, the livery of Oman Air will be seen on a Greek runway for the first time, and others are in discussion. In short, Athens Airport is the epitome of excellence and everyone in the aviation industry is well aware of the fact.

ATHENS INTERNATIONAL AIRPORT

 (+30) 2103530000  info@aia.gr @ATH_airport www.aia.gr

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Thessalon

EXCAVATING THE

Thessaloniki has an incredible cultural history going ba almost as much of interest as RESEARCH BY

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Jo

niki Metro

E CITY’S FUTURE

ack thousands of years, what’s going on below ground is s what happens at street level

oseph Philips BUSINESS EXCELLENCE [ ISSUE 1464 ]

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THESSALONIKI METRO

reek ’s second biggest city Thessaloniki has an incredible cultural history going back thousands of years. Just like the more well-known Athens, its streets are full of beautiful ancient buildings, most notably the white tower, by now synonymous with the city’s beautiful seaport. But like Athens, and indeed, most of Greece, what goes on below ground is almost as much of interest as what happens at street level.

That usually means archaeologists excavating below street level, seeing what artefacts that the city’s seemingly neverending history throws up next. But since 2006, there’s been a different kind of

G

support, it never got much further than a large hole in the city centre - a daily reminder to the city’s people that they had yet to get their metro.

In the early 2000s, with full government and EU support, the project was reopened.

A public-private partnership (PPP) between the greek government and Attiko, and a combination of funding from the European Investment Bank and the European Regional Development Fund gave the financial boost required to make the metro a reality.

The Scope of the Project, is the design, construction, supply and installation of the equipment, including Rolling Stock, commissioning, maintenance of the network,

“A combination of funding from the European Investment Bank and the European Regional Development Fund gave the financial boost required to make the metro a reality” excavation going on: that of the Thessaloniki Metro. We recently took a closer look at the project to see how it was progressing.

From Concept to Reality Home to over 300,000 people, Thessaloniki’s residents must feel that a metro in the city is well deserved. Europe alone has over 50 metro systems, with smaller cities like Rennes, Brescia and Catania possessing their own subways. It turns out that the creation of a metro has been the burning issue on the city’s agenda for just over 100 years.

Mayor Sotiris Kouvelas published a development plan for a metro in Thessaloniki 30 years ago this year in 1988. The plan was visionary and much of its central tenets remain true to the more modern version of the metro. However, without central government

supply of the required spare parts, as well as the training of the personnel of Thessaloniki Metro. This network comprises of an underground line of two separated tracks, approximately 14,4 Km long, 18 central platform stations with their shafts, 2 forestations, 2 trumpets, 7 crossovers and one Depot with the Operation Control Center and the Administration Building, as well as all necessary electromechanical and Railway Systems, including the Rolling Stock.

When finished in 2020, the first line, (the so-called ‘base line’) will traverse the entire Thessaloniki urban centre, connecting east to west, and will include 2 parallel lines of approximately 9.5 kilometres each. The second line, the Kalamaria Extension, will run on separate lines totalling 4.8 kilometres each, and add five stations to the network. It

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ZARIFOPOULOS S.A

Thessaloniki METRO – a new project for ZARIFOPOULOS Group ZARIFOPOULOS S.A., has proudly undertaken to supply and commission the Fire Detection and Integrated Security and Access Control Systems for the new METRO in Thessaloniki, the second largest city in Greece.

With more than 45 years of experience and leading position, in the Fire Protection, Security and Energy Management Systems sectors, ZARIFOPOULOS was chosen by the Contractor, AKTOR S.A., to fulfil the challenging task of protecting this valuable and sensitive infrastructure, including all 13 stations of the Central Line and the Main Control Center - Depot.

ZARIFOPOULOS’ scope includes the procurement of equipment, the provision of technical instructions and the programming, commissioning, final testing and delivery of the systems in full working order, as well as the maintenance and support of the systems’ operation for the initial period of their life cycle.

ZARIFOPOULOS S.A. solutions, based on the leading edge equipment provided by

manufacturers SCHRACK SECONET AG (fire detection), DDS (access control) and Honeywell (security), fully conform to the strict project specifications.

Specifically, the fire detection system stands out by the hardware redundancy attribute which is realized not only for the CPU of the SCHRACK Integral MX panels, but for all the electronic boards within them, offering maximum safety level for the continuous and unobstructed operation of the panels with full functionality.

Furthermore, by default all point-type detectors are of combined smoke/heat type, allowing for

This project demonstrates the high level of training and expertise of the engineering and technical personnel of ZARIFOPOULOS programmable use of each detecting principle according to the special conditions in each area, depending on the time of the day/week.

One more distinguishing feature, is that smoke detectors use CUBUS levelling® for adapting automatically to the environmental conditions.

The Integrated Security and Access Control System is composed of OPEN access controllers

by DDS and Galaxy Dimension security panels

by Honeywell, satisfying Grade 3 requirements according to EN 50131. The integration between the two manufacturers is performed at software level by the Amadeus platform of DDS, which relays the information from the integrated

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system to the central Security Management System of the METRO via OPC protocol.

This project demonstrates the high level of training and expertise of the engineering and technical personnel of ZARIFOPOULOS, as well as the special experience that has been attained through a variety of similar projects which have been successfully completed in the recent years. ZARIFOPOULOS has procured and installed Fire Detection, Fire Extinguishing, Security, CCTV, Access Control and Building Management Energy Systems (BEMS) in various projects in Greece, United Kingdom, Romania, Pakistan, Jordan, Algeria, Ghana, Nigeria, etc., including Power Plants, Solar Farms, a Natural Gas Compressor Station and others.

ZARIFOPOULOS S.A. has also accumulated great experience in a series of large and composite projects regarding archaeological areas and monuments, central highways, large

community buildings (theaters, concert halls, universities, libraries, hospitals, banks, national administration buildings, malls), as well as in the field of tourism, with a respectable number of high standard, luxury hotels.

ZARIFOPOULOS - a Greek Group of Companies - together with its subsidiaries in Bulgaria, Cyprus and Albania, aspires to provide Safety and Security solutions that stand out, with the great added value that a company with 45 years of experience can offer.

ZARIFOPOULOS Headquarters & Warehouse: 14 Dodecanisou and Ikoniou, Alsoupoli N.Ionia, Athens-Greece & 1 Dodecanisou and 77 Pergamou, Alsoupoli N.Ionia, Athens-Greece +30 210 2713970 Email: athens@zarifopoulos.com Sales: athens@zarifopoulos.com www.zarifopoulos.com

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will include 18 fully automatic air-conditioned trains, and a 50,000m2 depot at Pylea.

Socioeconomic and environmental Impact Attiko management is on record as saying that, when delivered, the Thessaloniki metro system will be ‘the best metro system in Europe.’ It’s not difficult to see why. Attiko say that it’s 85% complete as of the third quarter of 2018 and when finished that it will provide an estimated 65,000 journeys daily across the city - in less than 15 minutes - considerably improving life in the city by halving journey times.

The impact doesn’t stop there. In the construction phase, the project has already hired over 1,000 people, almost all of whom are local. Furthermore, a 2012 paper by three Greek academics (Roukouni, Kokkalis and Socrates) said that the appearance of the metro in the city would considerably enhance the land use in the areas around the metro for residents and visitors alike.

In terms of the environmental impact, it is estimated that line 1 of the project alone will decrease CO2 emissions in the city by approximately 1.25 million tonnes and CO emissions by a further 25,000 tonnes, thanks

“Attiko management is on record as saying that, when delivered, the Thessaloniki metro system will be ‘the best metro system in Europe”

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THESSALONIKI METRO

to a dramatic fall off in road congestion and the arrival of the metro’s electric trains. The system will truly play a key role to the vision of sustainable mobility.

in 12 stations of the Project.

During this excavation at 10 meters depth, a great amount of findings were discovered, In the construction some of which were of great phase, the project importance according to the has already hired archaeological authorities. In ‘Both Antiquities over 1,000 people, some cases, works have paused and Metro’ almost all of whom for months or even for years The city of Thessaloniki was are local. in order for the authorities to founded in 315 BC by Cassander evaluate and decide on whether of Macedon and during it was to extract, destroy and remove an important metropolis in the or even leave to their place important Roman period and the second largest and findings, such as ancient graves, churches, wealthiest city of the Byzantine Empire. incinerators, roads, walls, etc, from various This means that the city is home to some archaeological periods. of Europe’s richest archaeological heritage, In early 2018, many of those same findings and the largest archaeological excavation went on display at the Museum of the Ancient ever conducted in Northern Greece, Agora in Thessaloniki in an event organized extending over an area of 20.000 square

by Attiko. In total, more than 30,000 ancient meters, is underway. artefacts were uncovered in the dig, including The archaeological works, rising up to a headless statue of Aphrodite and floor a budget of 132 million euros in total, have mosaics from the 4th century AD. In some revealed 300.000 archaeological findings

Did you know?

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INDRA

INDRA TECHNOLOGY FACILITATES ACCESS, PERSONALIZED RATES AND MORE EFFICIENT MANAGEMENT OF THE THESSALONIKI METRO Indra is one of the leading global consulting and technology companies and one of the world’s ticketing leaders, with its own products and projects for metros in Madrid, Barcelona, Amsterdam, Medellin, Santiago de Chile, Cairo, Calcutta, Mumbai or the St. Louis light rail, among many others.

The company is responsible for the implementation of all the ticketing and access control technology, AFC (Automated Fare Collection), for the 13 stations of Line 1 of Thessaloniki Metro, from the central system for the comprehensive management of ticketing, to the transport ticket vending machines and access control systems.

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Indra, which has recently reoriented its transportation offer, with an end-to-end approach for the entire life cycle of its customers, grouped under the name Indra Mova Solutions, demonstrates at Metro of Thessaloniki its leadership in innovation, its digital capabilities, the unique experience of its team of professionals and the specialization demanded by the mobility of the future.

“Indra is one of the leading global consulting and technology companies and one of the world’s ticketing leaders”

“The deployment of Indra’s contactless technology will have a direct impact on the travelers comfort and flow speed” The deployment of Indra’s contactless technology will have a direct impact on the travelers comfort and flow speed, who will also enjoy an offer adapted to their needs, supported by the latest mass data management technologies. The reliability of the new system and its orientation

towards respect for the environment guarantees a significant improvement in the efficiency and sustainability of the management of the operating company.

INDRA Headquarters Avenida de Bruselas, 35, 28108 Alcobendas, Madrid-Spain. +34 91 480 50 00 Email: transporte@indracompany.com www.indracompany.com

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ways, Europe’s newest metro will also be able to claim that it’s the oldest.

Partners and Suppliers The assistance at government and European levels is an indication of the importance of this project, but Attiko also brought numerous private sector partners and suppliers on board to bring the project to reality. After seemingly being no more than a pipedream for several years, it’s good to see how many of the firms were local - contributing to their city’s history in ways they could only have dreamed of before.

These include Aktor, the main project contractor, Zarifopooulos S.A., which provided fire and safety engineering, Larisonos, which was responsible for quarrying and excavation, Elemka, the main project and construction engineers, and Ekkaf, who were responsible for the vast amount of ground anchors required for the underground excavation that went on below the city.

International partners included Indra, a Spanish company which provided technology consulting, Salini Impreglio, which assisted with much of the tunneling and Otis, the US firm, which installed elevators and lift systems in each of the metro stations and along the track lines.

Athens Looking Over its Shoulder The total cost of the project is estimated at around €1.5 billion, a remarkably low fee for such an ambitious project. Even more so when one considers the real options that it gives the city of Thessaloniki in the future, with

“The total cost of the project is estimated at around €1.5 billion, a remarkably low fee for such an ambitious project”

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THESSALONIKI METRO

plans already being mooted to extend lines towards the airport. Attiko metro say that the Airport extension will be a combination of underground, underground and elevated track.

Thessaloniki is not only an exciting project for the city and the rest of Greece, it’s a landmark project for Europe as a whole.

The first large infrastructure project to be delivered on the continent since the Eurozone crisis and the austerity which followed.

Thanks to this project, the residents of this city are looking to the future with a renewed sense of optimism.

THESSALONIKI METRO

 210-6792399  info@ametro.gr www.ametro.gr

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A REVOLUTION IN MOVEMENT Metropolitano de Tenerife S.A The Spanish island of Tenerife is not only one of Spain’s most popular tourist destinations - welcoming over 5 million tourists per year - it could also lay claim to having the fastest-growing population of any region in Europe RESEARCH BY

Eurides Lopes

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Tram at Santa Cruz

he Spanish island of Tenerife is not only one of Spain’s most popular tourist destinations - welcoming over 5 million tourists per year - it could also lay claim to having the fastest-growing population of any region in Europe. Between 2000 and 2017, its population rose from 709,365 to 865,070 - an increase of a phenomenal 3.14% per year. Fast forward to 2018, and the population is closing in on 900,000 people.

Clearly, there’s something to Tenerife that makes a lot of people want to stay but

T

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the population growth, aside from helping the local economy flourish, also means that the island’s transport network needed to accommodate the new reality. With so many people relocating to the island, it didn’t make logistical sense for everyone to drive ultimately generating traffic jams and taking from the idyllic setting.

It’s a fascinating story about a piece of paradigm-changing piece of infrastructure.

Andrés Muñoz de Dios, Managing Director at Metropolitano de Tenerife recently spoke with

METROPOLITANO DE TENERIFE S.A

With so many people relocating to the island, it didn’t make logistical sense for everyone to drive - ultimately generating traffic jams

Business Excellence about the company and its operations, the difference that it has made to live on the island and where it sees itself heading in the years ahead.

Background Metropolitano de Tenerife (or simply, “Metrotenerife”) is a publicly-owned company which directly manages the commercial operations of Tenerife’s tram system but also provides services and technical assistance in matters of

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planning, building, operations and railway infrastructure all over the world.

The network has two tram lines which connect the main places of interest in the metropolitan area of the island of Tenerife, Santa Cruz, the capital of the island, and La Laguna, a World Heritage site. Line 1 connects the economic, and commercial, educational and health related centres in the two cities.

Line 2 provides service in areas of high population density located on the edge of the urban centres of Santa Cruz and La Laguna.

The whole route, line 1 and 2, has around 16.1 kilometres and 26 stops in total.

Founded back in 2001, as Mr. Muñoz de Dios tells us, its goal was clear from the outset: “the aim was to lessen congestion in Santa Cruz, facilitating and satisfying the demand for mobility of both the people living on the island of Tenerife and its visitors.” Given the number of people which already use the

EVALUA SOLUCIONES AMBIENTALES, SL is a company specialized in studies and projects of the environment, mining, waste and territorial planning.

The activity of EVALÚA has focused on the implementation of Environmental and Planning Studies, which has allowed it to gather important information on geology, hydrology, fauna, flora, landscape, etc., on the islands of the Canary archipelago, which It has meant valuable knowledge about the current territorial and environmental situation in the Canary Islands, which allows for an adequate analysis of these factors to ensure that the projects evaluated by our company incorporate all the environmental solutions of protective, corrective and / or compensatory that allow them to be environmentally viable.

Our works have the adequate quantitative and qualitative technical contents that make them live up to the best studies and projects that are carried out both at European and international levels.

TENERIFE C / Prolongación Ramón y Cajal, Nº9 Orquídea building, portal 4, 1st floor, Office 1 38003 Santa Cruz de Tenerife Tel: 922 243 763/649 237 756

GRAN CANARIA C / Cayetano de Lugo, Nº27 Portal 1, 1st Floor, Office 1 35003 Las Palmas de Gran Canaria Tel 928 290 918/649 237 756

Email: rosendolopez@evaluaambientales.com | www.evaluaambientales.com

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Maintenance staff

“The network has two tram lines which connect the main places of interest in the metropolitan area of the island of Tenerife, Santa Cruz, the capital of the island, and La Laguna, a World Heritage site” system in their daily lives, the system can already said to have delivered on that goal.

Mr. Muñoz de Dios says: “Last year, we celebrated the tenth anniversary of the Tranvía de Tenerife with over 140 million passenger journeys. In this time, we have grown exponentially with projects both in Spain and abroad, with accessibility, sustainability and innovation being our main features. Since 2011, we have been the only means of collective transport in Spain to have AENOR’s Universal Accessibility certification in the entirety of our service activities after having successfully passed the annual external audits for renewal.”

The company is also something of a technology innovator, as he points out: “ we have developed the Vía-Móvil application, an integral ticketing system using the user’s mobile, and On-board Vehicle Speed Monitoring System (SIMOVE), which continuously supervises the speed of the tram in real time in each section with the aim of preventing accidents caused by excess speed such as the Croydon accident in London.”

Socio-economic Impact As the previous section indicated, Metrotenerife has become an integral part

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“From a business perspective, Metrotenerife is a significant source of work, both directly and indirectly” of life on the island in little over a decade since being delivered. Mr. Muñoz de Dios tells us: The implementation of the tram meant, without doubt, an improvement in the quality of life of the citizens who live and travel in the metropolitan area of Tenerife. Both Line 1 and Line 2 involved significant re-urbanisation in the areas bordering on the network, an increase in green spaces, greater territorial

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cohesion as it brought populous districts closer together, shortening journey times, and offering a reliable, punctual, sustainable and competitive service making the metropolitan area of the island an enormous commercial zone served by the tram.”

He continues: “From a business perspective, Metrotenerife is a significant source of work, both directly and indirectly. For example, we

METROPOLITANO DE TENERIFE S.A

Tram and Guimera threatre

have a staff of 180 employees, but there is also the staff of the companies which daily deal with such related services as cleaning, gardening, security, and such like, which amounts to a further thirty people. Let it also be said that we boost local companies which can help us in the development of future projects for export of services of consultancy or products. We have already achieved significant technical assistance contracts for overseas projects where we work with local companies to export our experience and manpower.

Sustainability Popular holiday destinations like Tenerife face ongoing challenges in attracting more tourists

and maintaining standards of sustainability, so from that perspective, the introduction of the tram - with its ability to take thousands of cars from the streets every day - is a highly positive step in the right direction, and as Mr. Muñoz de Dios says: “sustainability is one of our watchwords.” He points out that Metrotenerife makes an effort to reduce the size of its ecological footprint in the provision of its service and in the management of the company by applying an energy efficiency plan which helped it to obtain the Environmental Certification from AENOR (March 2012).

He adds: “We have photovoltaic power installations on the roof of our headquarters.

With peak power of 880 kWp and 6,000

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Tram with Tenerife Auditorium

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“We have a perfectly qualified and trained local workforce with companies which help us in the operation of the service and in our overseas projection; this good fortune is also positive for them”

square metres of solar panels. This solar plant produced 14.75% of the energy consumed by the company in 2017. We have also increased our fleet of auxiliary vehicles, which are one hundred per cent electric. In the last four months of last year, practically all of our units were eco-efficient.”

Partners and Suppliers Tenerife’s location between America, Europe and Africa gives Metrotenerife access to a greater number of partners and suppliers than many companies of its kind. Mr. Muñoz de Dios says: “we have a perfectly qualified and trained local workforce with companies which help us in the operation of the service and in our overseas projection; this good fortune is also positive for them.”

What the future holds The success of Metrotenerife has led the team behind it to be contracted as a consultant on many other global city tram systems, including the Train-Tram of the Bay of Cadiz; the Malaga tram on training of drivers, and with the Zaragoza tram, in technical assistance for

ticketing, training in maintenance of the rolling stock and management of stores for the Rabat-Salé tram (Morocco) and consultancy for the extension of the Jerusalem tram network (Israel).

Demand is also coming from further afield: Metrotenerife has also signed contracts with Cuenca (Ecuador) and Lima (Peru). The Cuenca deal is for consulting in the preoperation and operaation of the city’s tram work, for about 36 months. In Peru, the project, under the title ‘improvement of the railway corridor between Eastern Lima and Chosica” is a consulting project to adapt an existing freight railway to become a highcapacity mixed line.

All of this generates revenue, which in turn can be used to benefit the tram in Tenerife, making it self-sustainable from a financial perspective, but also allows it to learn from other systems around the world - a truly outward-looking system which is set for the 21st century. Metrotenerife has irrevocably changed the experience of getting around the urban areas of the island for its residents and visitors alike - it truly has been a revolution in movement.

METROPOLITANO DE TENERIFE S.A

 922 099 119  info@metrotenerife.com @tranviatenerife www.metrotenerife.com

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PPC G

POWER TO

After almost 10 years of austerity, thankfully of the most turbulent tim RESEARCH BY

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Greece

O GREECE

y it appears that Greece is coming out of some mes in its modern history

oseph Philips BUSINESS EXCELLENCE [ ISSUE 1464 ]

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fter almost 10 years of austerity, thankfully it appears that Greece is coming out of some of the most turbulent times in its modern history. In August 2018, its third and final bailout program came to a finish, signaling to everyone not just the resilience of the Greek people, but also testifying to the huge sacrifices made by the country over the course of the last decade.

Most notably, the country has managed to retain many of its most valuable strategic assets, among them the Public Power Corporation (PPC) - what many have called ‘the family silver’ of Greece. Now that Greece is ready to power forward again, what better time to look at the company which will be primarily responsible for powering its growth.

A

Birth of a Greek Powerhouse PPC was founded by the Greek government in 1950, with the aim of planning and applying a national energy policy. The geography of Greece, with its thousands of islands and mountainous terrain lends itself to centralized joint-up planning, which benefits from economies of scale. Thus, the PPH readily took on the mandate to supply all Greek citizens with affordable electricity.

This process began by integrating those small local electrical companies to the national grid. By some estimates, there were around 400 separate companies involved in the generation of electrical energy in Greece at that time. A high degree of fragmentation combined with

“PPC was founded by the Greek government in 1950, with the aim of planning and applying a national energy policy”

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PPC GREECE

“PPC offered the obvious solution, bringing huge benefits to the people of Greece as soon as it arrived”

imported fuels meant power generation was as much as five times more expensive in Greece than other European countries.

PPC offered the obvious solution, bringing huge benefits to the people of Greece as soon as it arrived. In addition to bringing consolidation and lower prices to the electricity industry, it began exploiting the rich lignite deposits which had been discovered underground in Greece, using them as the primary fuel for lignite power plants constructed by PPC. Soon after, PPC began constructing hydroelectric power plants and Greece had an abundance of energy like never before.

This is all supported by four subsidiaries, allowing PPC, as a group, to expand its service offering. These include PPC itself (also known as DEI), the Hellenic Electricity Distribution Network Operator (HEDNO or DEDDIE) and the Independent Power Transmission company (IPTO).

An Integral Part of Greek Life In 2018, less than 70 years after its foundation, few people can remember a time when PPC didn’t play an integral role in the country. It serves nearly 7.5 million customers across the country and controls assets in lignite mines, power generation, transmission and distribution. Its power portfolio consists of conventional thermal and hydroelectric power plants and RES units. Its total power output is approximately 12.5GW and it hires nearly 20,000 people.

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HV/EHV cable solutions | Land-submarine-oil & gas

CablelÂŽ Hellenic Cables is one of the largest cable manufacturers in Europe, offering its clients a wide portfolio of reliable and competitive cable

solutions. With almost 70 years’ experience and a strong emphasis on export. The company focuses on the development of value added products and services to meet the needs of its customers.

It manufactures power, telecommunication and submarine cables, enameled wires and compounds. Hellenic Cables serves major markets such as energy transmission and distribution, oil and gas, renewables, telecommunications and construction.

Technical knowledge is combined with continual investment in state-of-the-art equipment to ensure levels of efficiency and quality meet the highest standards.

www.cablel.com

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PPC GREECE

Despite being publicly listed on the Athens and London stock Exchanges in 2001, the company remains majority-owned by the government, and by extension, the people of Greece. And if the company began out of the ambitious plans to join up Greece’s electricity system, its future plans look no less ambitious. The impressive Ptolemaida V power plant, located near the city of Ptolemaida in mountainous northern Greece, is central to these plans.

The Ptolemaida V Power Plant The Ptolemaida power plant in Greece’s northern region of Macedonia represents the latest large capital investment made by PPH and one of its most ambitious to date.

First given permission in 2013, the project is expected to begin commercial operations and generate electricity in 2022.

The Ptolemaida V power plant is the fifth coal-fired unit (and hence, the use of the

ARTEMI S.A ARTEMI S.A. was founded in 1992 with manufacturing facilities close to Thessaloniki industrial area, involved in the Mine and Railway industry.

Last 10 years is the main supplier of P.P.C in all types of rollers of own production.

Recently became exporter of rollers to Southeastern Europe coal mines.

In the Railway industry we deliver to the Greek market : • Crane rail fasteners for power plants, container terminals, cement plants, shipyards • Transport and crane rails and its fasteners • Solid wheels and tyres and axles for railway coaches • Turnouts and accessories www.artemisa.gr

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“the Ptolemaida power station and has an estimated delivery budget of €1.32 billion” Roman numeral v) at the Ptolemaida power station and has an estimated delivery budget of €1.32 billion, of which German Investment Bank KfW will contribute €700 million. The plant is being constructed on the site of a former lignite mine and will offer considerably higher efficiency than anything else in the region - requiring less fuel and emitting less CO2 than Greece’s current range of plants.

KONČAR Distribution and Special Transformers, Inc. Mokrovićeva 8, P. O. Box 100 HR-10090 Zagreb, Croatia

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Suppliers for general operations of PPC While the people of Greece rely on PPC to reliably supply them with energy, PPC itself

PPC GREECE

“In 2018, PPH occupies a place in Greek hearts and minds like few other companies” has also developed partnerships with several companies to ensure its own supply. Most notably, these include Sekavin S.A. a leading Greek supplier of energy, specializing in fuel oils, distillates and lubricants. Over the last couple of years years, due to its extensive experience, operational excellence and reputation, Sekavin has been a successful tenderer of PPC’s Bunkering Contract by suppling with fuel oils and distillates all PPC’s time-chartered vessels.

Meanwhile, SEKAVAR S.A, itself a subsidiary of Sekavin, was the successful

tenderer of PPC’s Ship Agency Contract for the second year in a row, hence, being its nominated Ship Agent for attending to a total of approximately 600 vessel calls at PPC’s various power plants, in 2018 alone. Other noted partners include Artemi SA, Elvigro SA, Flsmidth Airtech, Damco Energy, GE Power services Greece and REA Hellas S.A.

The Home of People Power brings Power to the People In 2018, PPH occupies a place in Greek hearts and minds like few other companies.

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PPC GREECE

“The Ptolemaida V power plant will be key to the ongoing PPH story. It represents a movement away from the dirty coal of the past to something much more energy efficient and sustainable” Having not only been involved in the modernization of the country over the past 70 years, but being central to it, it’s not surprising that so many Greeks refer to it as ‘the family silver.’

Even after a savage 10 years, it remains their property and will no doubt play a fundamental role in the growth that lies ahead.

The Ptolemaida V power plant will be key to the ongoing PPH story. It represents a movement away from the dirty coal of the past to something much more energy efficient and sustainable. It has been the biggest public investment in Greece for several years and thus can already be said to be making an important contribution to the economy.

Power to the people, indeed.

PPC GREECE

 210 52930301  info@dei.com.gr @dei_gr www.dei.gr

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Anheuser-B

SOMETHING SPEC

When Anheuser-Busch InBev merged with So it was already the biggest br RESEARCH BY

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Busch InBev

CIAL IS BREWING

outh African Breweries (SAB) back in 2016, rewer by volume in the world

oseph Philips BUSINESS EXCELLENCE [ ISSUE 1464 ]

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ANHEUSER-BUSCH INBEV

hen Anheuser-Busch InBev merged with South African Breweries (SAB) back in 2016, it was already the biggest brewer by volume in the world. As a result of the merger with SABMiller which is an integral part of the social fabric of South Africa, it was able to gain a foothold in Africa - widely regarded as the most prospective market in the world for beer sales.

The size of this potential is clear when one considers that the average African drinks 10 litres of beer per year, compared to 75 litres in the United States and 66 litres in Brazil.

According to AB inBev’s African President, Ricardo Tadeu ‘Clearly there’s room for making our products more present. In comparison to where we’ve been, these markets are still developing.”

W

120 years to its foundation in 1895. Taking advantage of the brewing pedigree of the many Dutch settlers in the country, it quickly gained a reputation as the country’s primary brewer, establishing breweries all over South Africa - currently numbering 7 in total.

From those 7 breweries, the company has an annual brewing capacity of over 3.1 billion litres and control more than 75% of the local market. The greater continent of Africa is far more fragmented with the most popular choice in many countries still being home brews. The advent of high quality beers and distribution models like jumbo bottles and multi-packs is already showing serious ground in the continent as the beer market begins to mature.

As Tadeu notes: “One thing that we noticed, is that in Africa, in many of our

“One thing that we noticed, is that in Africa, in many of our markets, we still depended too much on one pack.

It’s really useful to have different packs because then you always something attractive for consumers in terms of different promotions” That development is an exciting prospect for brewers looking to compete in the market. Research Firm Bernstein Analysts has estimated that the brewer industry was worth $10.8 billion, or 7% of the world’s total in 2016.

By the same token, they say that its growth for the next ten years should be two or three times that of global average. Anheuser-Busch InBev looks ideally positioned to capitalize on the growth.

Background Despite only joining the Anheuser-Busch family in 2016 in a $107 billion deal, SABMiller’s history in South Africa goes back over

markets, we still depended too much on one pack. It’s really useful to have different packs because then you always something attractive for consumers in terms of different promotions.” Delivering the right promotions at the right times will be key to gaining a foothold in a market which is already seeing steady progress by competitors such as Diageo and Heineken.

However, being the world’s biggest brewer brings its advantages - not least in the number of recognizable brands that Anheuser-Busch InBev has at its disposal. The merger with SABMiller in 2016 meant that the company has a drinks portfolio that includes global brand

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Powering brewin in Africa

ng

Vodacom takes pride in enabling ABinBev’s digital journey through Africa The future is exciting Ready?

HEADS UP! TO MAKING THE WORLD A BETTER PLACE.

We support AB Inbev’s Sustainability Goals by promoting glass reuse and recycling in South Africa.

• • • •

By encouraging glass resuse and recycling in South Africa we have achieved a 82% diversion rate of glass from landfill Our returnable bottle system is one of the most efficient in the world All new glass packaging has a 41.5% recycled glass content Each recycled and reused glass bottle saves valuable energy, landfill space, reduces CO2 emissions and generates a source of income for thousands of South Africans

We are proud to be associated with AB Inbev and give them a “Heads Up” to making the world a better place. www.facebook.com/TheGlassRecyclingCo

@TRGC Website: www.tgrc.co.za

ANHEUSER-BUSCH INBEV

“As a global corporate citizen, Anheuser-Busch InBev is keen to emphasize the important role that it plays in Africa and elsewhere” names like Corona, Stella Artois and Carling Black Label with African favourites like Flying Fish and Castle Lager. This gives it a broader appeal in a continent still finding its taste for beer, but more importantly, more shelf-space in Africa’s supermarkets.

Responsibility to Africa As a global corporate citizen, Anheuser-Busch InBev is keen to emphasize the important role that it plays in Africa and elsewhere. Its predecessor, SAB, implemented an employee

equity policy as far back as 1971, seeking to be a pioneer for positive change on the continent.

Later on, in 2009, SAB tabled its broad-based black economic empowerment transaction, SAB Zenzele.

This kind of initiative continues today under Anheuser-Busch InBev. It has implemented policies which support local farmers which in turn have led to thriving barley, hops, and maize and malt industries. It also provides local suppliers and enterprises with business coaching and engineering support, and

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ANHEUSER-BUSCH INBEV

“One of the challenges of building a beer brand in Africa is to establish a high-quality network of partners and suppliers - particularly outside the larger markets of South Africa and Nigeria” it invests in communities to promote and support sustainability education, safe driving, responsible drinking and alternative energy use.

For example, in Africa, the company’s Retailer Development Program operates in 13 markets and has trained over 10,000 small retailers to help improve their businesses and incomes. Likewise, in South Africa, it has committed to a package of public interest investments, which include 1 billion

ZAR invested in areas including supporting smallholder farmers and promoting enterprise development.

Suppliers and Partners One of the challenges of building a beer brand in Africa is to establish a high-quality network of partners and suppliers - particularly outside the larger markets of South Africa and Nigeria.

Anheuser-Busch InBev has managed this, and done so through working with a combination

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QUALITY CRATES MANUFACTURED IN SOUTH AFRICA. Chespak manufactures premium quality plastic crates, which are popular for their strength, optimal weight-bearing capacity and durability. We also have comprehensive recycling facilities and have served the beverage, bread, dairy and other industries.

chespak.co.za chespak@global.co.za

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ANHEUSER-BUSCH INBEV

“In its most recent strategy, introduced in early 2018, Anheuser-Busch InBev began discounting some of its beers to capture new segments of the market” of local providers and partnerships that it had already developed in other markets.

Global consulting firm Accenture has a symbiotic relationship with the company, whereby it helps Anheuser-Busch InBev gain key insights into its markets, which it can also use for its own benefits. Ecolab provides a similar role - conducting research into sustainable practices in energy, water and agriculture, which can then be implemented throughout its operations.

Other key partners include Chespak (an innovator in packaging), Convoy Haulage (which helps navigate many of the logistical challenges presented by Africa’s sprawling landmass) and Pride Milling Co and UNIGRAIN (both of which ensure a constant high-quality supply of many of the ingredients needed for such a broad range of beers).

Africa is Rising In its most recent strategy, introduced in early 2018, Anheuser-Busch InBev began discounting some of its beers to capture new segments of the market. It’s already

reaping rewards with low double-digit growth announced in South Africa for the first half of the year. Many of these new customers will move on to different brands in the portfolio, experimenting to see which beer best suits their palate.

To deliver on this huge growth potential, the company announced earlier this year that it was opening breweries in Nigeria, Mozambique and Tanzania, with the latter bringing a $100 million investment to the east African nations. The potential that is being brewed here is generating jobs, attracting still further investment and developing world class training programs in countries where they are badly required. Africa is rising.

ANHEUSER-BUSCH INBEV

 +32 16 27 66 08  info@ab-inbev.com @abinbev www.ab-inbev.com

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APM Term

COSTA RICA’S WINDOW

The Port of Moin is strategically important for Costa Rica trade passes through the port each year; second, it servces the country; and finally, its surrounding area is home to species o RESEARCH BY

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Jo

minals Moin

W ONTO THE WORLD

a in a number of ways. First, around 80% of the country’s s as the entry point for thousands of seaborne visitors into o some of Costa Rica’s flora and fauna, including a native of turtle.

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he Port of Moin is strategically important for Costa Rica in a number of ways. First, around 80% of the country’s trade passes through the port each year; second, it servces as the entry point for thousands of seaborne visitors into the country; and finally, its surrounding area is home to some of Costa Rica’s flora and fauna, including a native species of turtle.

Therefore, when APM Terminals won the 33-year concession worth $992 million to design, finance, construct, operate and

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maintain the port in 2012, it knew it was taking on a lot of responsibility. APM Terminal’s work is now nearing completion so we thought it would be a good time to catch up with Kenneth Waugh, Managing Director of the project, who was able to fill us in on the challenges and successes of the project.

Introduction to the New Container Terminal at Moin The port being constructed by APM Terminals is located approximately 10km from the

APM TERMINALS MOIN

“Costa Rica was once ranked as having among the worst road and port infrastructures in the world”

existing Moin and Limón port terminals, taking in an area of just over 1,500m2. When the project is delivered in early 2019, its total cost will have reached over $1bn - the biggest infrastructure investment ever made in Costa Rica.

Not only was this investment welcomed, but as Mr. Waugh points out, it was sorely required: “This concession was long needed by the country,” he says. “Costa Rica was once ranked as having among the worst road and port infrastructures in the world. It needed

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The Moin terminal will be built on the artificial island, 500 meters out to sea

“We can see the potential and strategic position of the port for the region – having a deep draft port on the Caribbean side for the transportation not only of Costa Rican exports but also providing the country with growth”

to look for a solution, and needed someone to fund the project, and began looking at companies for a PPP.” The Moin terminal will be built on the artificial island, 500 meters out to sea in front of Moin Bay in Limon, Costa Rica. Upon the completion of the project, the Moin terminal will have an area of 80 hectares, with 1500 meters of quay, 5 berths, a 2.2 km breakwater and an access channel 18 meters deep, serving

as a shipping hub for the Caribbean and Central America.

He says: “We can see the potential and strategic position of the port for the region – having a deep draft port on the Caribbean side for the transportation not only of Costa Rican exports but also providing the country with growth. It’s also important given the expansion of the Panama Canal: he same kind of large vessel that will pass through the canal

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Engineering + Experience + Commitment CACISA is an international consulting firm, active since 1992, with 100% Costa Rican capital, which provides integral solutions in engineering and construction in the areas of Supervision, Geotechnics, Quality Control and Infrastructure Design.

CACISA has developed more than 250 engineering projects, participating in all types of studies, and providing all kinds of consulting services and technical advice, currently ranking among the leading companies in this sector in Central America and maintaining a growing international projection.

Compañía Asesora de Construcción e Ingeniería CACISA S.A Santo Domingo de Heredia, Costa Rica

T +506 2244-0548 | F +506 2244-1385 E info@cacisa.cr or comercial@cacisa.cr | www.cacisa.cr

APM TERMINALS MOIN CACISA CACISA has been operating in the market since 1992, and its business target is to develop in the field of consulting in Civil Engineering in all its branches, but especially in roads, airports, ports, buildings, water and sanitation of it.

Today, CACISA is dedicated to providing services in four productive areas: Geotechnics, Design, Supervision and Quality Control and is positioned in Costa Rica, El Salvador, Nicaragua and Panama.

CACISA has an Integrated Quality Management System. It has the UNE-EN ISO 9001/00 Certification issued by the Spanish Association for Standardization and Certification (AENOR). It is accredited as an Inspection entity in the ISO / IEC 17020: 2000 Standard and as a Testing entity in the ISO / IEC 17025: 2005 Standard.

CACISA has participated in the project “Terminal de Contenedores Moin” since 2015, performing as a quality control laboratory following international quality assessment procedures as ASTM and AASTHO, in the two major phases in which the project has been developed.

In the first phase, the activity was focused on reviewing the quality of the dredged sand and the stones for the breakwater that integrate the area of the ​​ terminal. In the second phase, the services focused on reviewing the quality of the materials used in the civil works built in the terminal.

Geotechnical studies were also carried out, such as piezometers, perforations on soilcement mixtures for the construction of gravel columns and analysis of direct share and consolidation..’ www.cacisa.co.cr

“One economic study into the port terminal conducted by QBis, estimated that it would eventually increase trade in Costa Rica by a massive 23%”

will be able to dock at our port – that’s a big jump for Costa Rica.”

And the good news is that everything is on course for port terminal to be finished in February 2019. At the beginning of summer 2018, it received its second batch of new ship-to-shore (STS) and electric rubbertyre gantry (ERTG) cranes. This equipment will be put to good use by all accounts: One economic study into the port terminal

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conducted by QBis, estimated that it would eventually increase trade in Costa Rica by a massive 23%.

Environmental Sustainability Assuming APM’s new terminal generates anything like the kind of economic impact that was expected, it looks like $1 billion well invested. But what of the project’s environmental sustainability? As mentioned above, the region is home to treasured flora and fauna. As Mr. Waugh was quick

to point out, the last thing they wanted to generate economic impact if there were environmental consequences.

He says: One of the most important steps we passed was the environmental impact study. First, we needed to measure the baseline. Second, we needed to estimate the impacts the building and operation of the terminal would have on the surroundings, the environment and the flora and fauna. This took a full year, and looked at the currents, winds and how the environment around us

“One of the most important steps we passed was the environmental impact study”

The last thing they wanted to generate economic impact if there were environmental consequences

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APM TERMINALS MOIN

The beach beside our port is home to many native turtles

“We understood from our research that there were some methods that we could change to minimize the impact our project made on the environments”

behaved. In total, we had over 20 biologists and specialists working on that.”

He stresses that they were also keen to flexible to changes suggested by their environmental experts along the way: “We understood from our research that there were some methods that we could change to minimize the impact our project made on the environment. We also decided to change most of our equipment over to

electric, so that we could reduce emissions.

That meant that we had to change some designs on the terminal.”

This process even went as far as to effectively babysit the native turtle species nearby, so that they could nest in complete safety: “The beach beside our port is home to many native turtles, so we were keen to include their well being in our report. This included going to the beach, rescuing their

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eggs and ensuring that they hatched in a safe environment, before releasing them to the ocean.”

Socioeconomic Impact As you would expect from an investment of the size of the new terminal, its socioeconomic impact will be significant. Mr. Waugh tells us: “It’s located in an economically marginalized area so you’ll see a direct impact straight

away. At our high point, we had close to 1,300 people employed on the project. Once construction is fully finished, the construction crew will finish, and then our operating crew will increase to around 650 to 700.”

He continues: “We also established that we needed to work on training and development of our new staff. Through a partnership with INA, the National Technical Training Institute, we were able to develop a new curriculum

“Over 80% of its employees are locals, from the city of Limón, all of which can upskill through locally-based courses”

We also established that we needed to work on training and development of our new staff

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T: +(50 6) 4035-2200 E: info@transmares.co.cr www.transmares.co.cr

Monitoring Our Oceans, Bays, Estuaries, Ports and Harbors Today, for Tomorrow’s Results.

Placing critical data at your fingertips.

Transmares is lead the port agency appointed to perform all shore equipment for the new APM Terminals Moín Development Project.

Transmares is also husbandry agents in Costa Rica for main container shipping lines such as Maersk Line and Mediterranean Shipping Company.

SHIPPING AGENT, WIDE EXPERIENCE IN…

T: 727-385-3834 | E: rickcole@rdsea.com

www.rdsea.com

• • • • • • • •

Bulk and Break Bulk shipping Husbandry Liner and tramp service Tanker vessels Specialized carriers Cruise lines Research vessels Special/off shore projects

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TRANSMARES: AT THE CORE OF COSTA RICA’S BURGEONING SHIPPING INDUSTRY For nearly 15 years, Transmares of Costa Rica has been providing logistics services in Costa Rica’s burgeoning shipping industry.

A combination of Costa Rica’s strategically important location and an increasingly open economy attracted some of the world’s largest shipping countries to the country in the same period and Transmares has been able to provide them with a world class range of services as a shipping agent and freight forwarder.

Transmares’ experience in bulk and break bulk shipping, husbandry, liner and tramp services, and offshore services makes it the one of the most popular shipping agents in Costa Rica & Colombia.

It’s because of this experience, that Transmares was recently chosen as a reliable group to be port agency for all the vessels carrying the APMT equipment, a major terminal being constructed at Limón, Costa Rica’s major port.

Transmares has committed to attend the vessels which provided 6 ship-to-shore gantry cranes and more than 20 rubber tyre gantry cranes in accordance with its role as an integral part of the Port of Limóns progress.

APM - Transmares Costa Rica already host to the world’s major container shipping lines such as Maersk and Mediterranean as husbandry agent - is just the latest step in the ongoing story of Transmares, which promises to continue well into the future, an ambition reflected by its motto is ‘our ocean, our sky.’ www.transmares.co.cr

“We wanted to build a program that empowered women to start their own businesses”

in which we as a company provided the basic requirements of our employees. We also brought instructors to our bases all over the Americas so that they could see how we work.”

He says that over 80% of its employees are locals, from the city of Limón, all of which can upskill through locally-based courses.

This goes right down to grass roots, where the company has the “Tools for Success” program, which provides consulting to schools to show them how to maximize their funding allocations as well as train up children in computers and English – vital modern-day tools for success.

Finally, it emphasizes the importance of women to the future success of Costa Rica. Mr. Waugh says: “Our research showed that the head of the family is most often female, so we

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wanted to build a program that empowered women to start their own businesses. We have done that with the help of several organizations. In Spanish, the program is called Vozes Vitales (‘vital voices’) and new businesses have already been developed with women at the forefront.”

Partners and Suppliers The sustainability efforts for APM Terminals in Costa Rica even overlap into its partnerships.

Mr. Waugh says: “We have more than 250 suppliers and 90% come from the Limón area, and this has not been easy! We’ve had to work with suppliers, sometimes asking them to formalize their operations in terms of tax and compliance, to including safety programs and social responsibility and even helping them on occasion to build their own working capital.”

A consortium consisting of Van Oord and BAM International was awarded the contract for the design and construction of Phase 2A of the container terminal back in 2013 with a total contract value of $460 million. Van Oord handled the construction of a 1.5-km rock breakwater, reclamation of an area of 40 hectares, as well as soil improvement works, and the dredging of the access channel and turning basin. BAM International is constructing the 650-metre quay wall, as well as the pavement, associated buildings and all utilities BAM International deploys the contracting activities of Royal BAM, one of Europe’s largest contracting organizations with activities in construction, property, civil engineering, public-private partnerships, mechanical

“Thanks to the new port terminal at Moin, the life of many Costa Ricans is about to get a little bit better”

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Concrete Batching Plants, Bauer and electrical contracting and Did you know? and ZPMC just to mention a few. engineering in 30 countries across the globe.

The Future Van Oord is also a world Once construction Costa Ricans have an expression, as a leading contractor for is fully finished, the ‘pura vida,’ (‘pure life’), which dredging, marine engineering construction crew is an unofficial slogan for the and offshore energy projects will finish, and country that encapsulates a (oil, gas and wind), known for then our operating way of life. Thanks to the new providing innovative solutions crew will increase port terminal at Moin, the life of to challenges in marine space. to around 650 many Costa Ricans is about to With its footprint in over fifty to 700. get a little bit better. In February countries across the world.

2019, Costa Rica will have a port Other important contributors terminal that can compete, not to the project have included just regionally, but globally. Perhaps even RDSea International Inc, and Teledyne RD better than this, it’s all been achieved in a Instruments who collaborated to provide highly sustainable manner.

Real-Time Environmental Monitoring Data for Port Construction, Eptisa, also collaborated with Costa Rican engineering firm CACISA APM TERMINALS MOIN supervise the construction of the access road to the port and Transmares Costa Rica,  +506 25206501 a major regional player in logistics services  info@apmterminals.com in Costa Rica’s burgeoning shipping industry @APMTerminals who was instrumental in the delivery of the cranes. Other international providers engaged www.apmterminals.com across the project include Turkey’s ELKON

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THE FUTURE

LOOKS ASSURED Westshore Terminals Canada’s abundant mineral resources have led to an economic surge over the past decade, with shale oil occupying most of the newspaper columns RESEARCH BY

Joseph Philips

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anada’s abundant mineral resources have led to an economic surge over the past decade, with shale oil occupying most of the newspaper columns.

However, its coal resources - coming to the fore again after recent legislation changes in the neighboring US - are also enormous. By some estimates, the Peace River and Kootenay coalfields alone are estimated to hold more than two billion tonnes of coal.

That’s more than enough to satisfy Canada’s domestic demand, creating an opportunity for the country’s exporters. The biggest of these is Westshore Terminals, located in Delta, BC on Canada’s western seaboard, in the greater Vancouver region.

Westshore Terminals is Canada’s largest

C

entire distribution. The remaining 20 countries were comprised of Latin American countries, Taiwan and even countries as far away as Europe. Regardless of what anybody says there’s still huge global demand for coal - with as much as 40% of the planet depending on its almost entirely.

One look at the company’s vital statistics and it’s not difficult to see how it achieved this kind of growth in a relatively short period; the terminal size at Delta is 133 acres with on-site storage of over 2 million tonnes. Its peak berth loading is 7,000 tonnes per hour with a throughput capacity of 33 million tonnes.

No other terminal in North America passes so much through its hands on a daily basis.

This throughput is in large part thanks

“ In 2018, it is the biggest coal distributor in North America by tonnage, shipping both countries’ output to over 20 countries worldwide” and most technologically advanced coal export terminal with an annual export capacity of 33 million tonnes. We decided to take a closer look.

Background Founded in 1970, Westport Terminals is fast approaching a half century of providing an invaluable cog in North America’s mining value chain. In 2018, it is the biggest coal distributor in North America by tonnage, shipping both countries’ output to over 20 countries worldwide. This success contributed to the company achieving revenues of C$330 million in financial year 2017 - up just under 5% on the 2016 figures.

In 2017, its export destinations primarily consisted of South Korea, Japan and China, which made up around 80% of the company’s

to the utilization of a constant desire to improve the terminals’ offering. Its current state of the art range allows it to offer its clients reliable, fast and efficient delivery of their coal. It contains 2 rail loops, rotary dumpers and deep sea berths, 4 kilometres in the rail causeway, 4 stacker containers and 7 kilometers of high-speed conveyors. The company’s operations are handled by around 350 full-time employees.

It’s a non-stop process. In 2015, management at the firm announced that it would invest C$275 million in new infrastructure by 2020 to ensure that the company remained the leader of its industry. The project included replacing its Berth One shiploader and three stackerreclaimers as well as building a new HQ, shops and employee facilities complex. The work is still ongoing and nearing completion.

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MEDICAL EXAM MANAGEMENT

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We partner with our customers to solve the highly complex, large-scale health care challenges that they face by implementing and managing cost-effective, customized medical programs for large and dispersed workforces. Our technologydriven, flexible health care solutions provide a tailored service approach to ensure employers can meet the occupational health needs of their employees and satisfy legal requirements and compliance issues anywhere in the world.

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Comprehensive Health Services provides a wide range of medical services including managing and staffing onsite health clinics and hospitals.

Our key capabilities include: ► National Exam Management - Pre-Placement - Pre-Deployment - Fitness-for-Duty - Medical Surveillance - Wellness Programs ► Medical Clinics and Services ► Mobile/Temporary Medical Services ► Shelter Operations ► Medical Training and MASCAL Exercises ► Medical Records Management For more information visit our website at chsmedical.com CONTACT US: Doug Magee, Senior Vice President, Business Development Office: (703) 261-0110 Email: dmagee@chsmedical.com

WESTSHORE TERMINALS

“Canada maintains a clean reputation in mining, mainly because its companies do everything in their power to use sustainable practices�

Sustainability Work Canada maintains a clean reputation in mining, mainly because its companies do everything in their power to use sustainable practices.

Westshore Terminals is no different. It maintains an ongoing commitment to operate responsibly and protect the environment in and around its terminal. It recognizes that it needs to make as little impact as possible on that environment, whether it be the flora, fauna and or water.

Evidence of this commitment can be seen in the eco-friendly facilities that Westshore

Terminals has installed on its facilities, which include high tower sprays, mobile air monitoring units, big gun ground-level water sprays. In addition, it has cultivated a reef system near its operations where animals like sea lions, bald eagles, seagulls and of course, fish and crabs, have managed to thrive over the past few years.

Away from the environment, Westshore Terminals is also an active participant in the community, contributing to well over 100 local community organizations. A recent

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QCA is proud to be a significant contributor to the Westshore upgrade project, providing electrical engineering, automation, supply of industrial power & control systems.

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“To maintain its position at the top of the industry ladder, Westshore Terminal has had to develop a number of mining industry contacts both on the supply and demand sides” notable example being the C$100,000 it to provided to Reach Child and Youth Development Society’s Building for Children Together capital project to build a new child development centre in Ladner for children and youth with developmental disabilities.

Partners and Suppliers To maintain its position at the top of the industry ladder, Westshore Terminal has had to develop a number of mining industry

contacts both on the supply and demand sides. However, that’s just to speak of its role as a distributor. In-between, it has the largest coal terminal in North America to manage and a number of important partners helping it to do so.

These companies are primarily giants of Canadian industry like railway firms CN Rail and BNSF Railway, QCA Systems Ltd, iSAM AG, All Voltage Electric & Controls and Brymark. But there’s also Swedish mining

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“The company’s third quarter financial statements for 2018 shows that it is on track to beat its best ever year, in terms of revenue and throughput.”

giant Sandvik, as well as smaller local firms like LNS Services and Rhino Shrink Wrap Inc. Finally, the company is also a valued member of industry associations such as the Coal Alliance, the Jim Pattison Group, Canadian Pacific and the Coal Association of Canada.

Westshore’s Future is Ironclad A recent analyst report of Westshore Terminals’ investment outlook said that the stock was ‘ironclad’ thanks to the competitive advantages that it had built up during the year. It also noted that competitors looking to begin similar operations on Canada’s western seaboard - the Gateway Pacific and Millennial Terminals - would be delayed, allowing Westshore Terminals to consolidate its own position as industry leader.

The company’s third quarter financial statements for 2018 shows that it is on track to beat its best ever year, in terms of revenue and throughput. And that doesn’t even take account of the new infrastructure investments which haven’t yet finished. It seems ideally positioned, therefore, to continue to capitalize on Asia’s booming economies. For Westshore, the future is assured.

WESTSHORE TERMINALS

 604-946-4491  info@westshore.com www.westshore.com

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Somi

EXPANDING ALENTEJO’S

The Alentejo district of Portugal is som of Portugal thanks to RESEARCH BY

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Jo

incor

S LARGEST EXPORTER

metimes referred to as the ‘bread basket’ o its rich food reserves

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he Alentejo district of Portugal is sometimes referred to as the ‘bread basket’ of Portugal thanks to its rich food reserves. However, ever since Swedish firm Lundin Mining acquired the Neves-Corvo mine back in 2006 as part of its merger with EuroZinc mining, the region’s land has become famous internationally outside the traditional areas of agriculture and cork.

We first spoke to Lundin Mining about Neves-Cortes almost 10 years ago, back in 2010. Since then, the mine has become an

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even more central part of the communities it serves and the Portuguese government recognized this when it awarded Lundin Mining was awarded a six-year extension to its concession. So what better time to revisit the mine and see how it has been doing in our absence.

Operations The Neves-Corvo mine is located a little over 200km south of the Portuguese capital Lisbon and produces copper, zinc and lead

SOMINCOR

“The Neves-Corvo mine is located a little over 200km south of the Portuguese capital Lisbon and produces copper, zinc and lead concentrates”

concentrates and is managed by Lundin Mining’s local subsidiary, Somincor. Until now, every year the mine has produced approximately 1.1 million tons of zinc, with its copper and lead output slowly diminishing over the years.

In April 2017, however, Somincor announced a major investment of around 250 million euro for the mine - easily the biggest investment in rural Alentejo over the past decade. The planned expansion of the mine should be complete in late 2019, and will double the

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SOMINCOR

“Much of the zinc ore for the ZEP will be mined in deep areas of the Lombador orebody using primarily bench and fill mining methods, with limited amounts of drift and fill” mine’s zinc production to something north of 2.5 million tons. The expansion itself will employ around 350 people, and when operational, the mine will employ 200 fulltime employees.

The new infrastructure will include a new crusher station, a conveyor system connecting this to the 700 shaft hoisting facilities, an upgrade to the main hoisting shaft together with extensions to the mines ventilation, pumping and electrical distribution systems.

Much of the zinc ore for the ZEP will be mined

in deep areas of the Lombador orebody using primarily bench and fill mining methods, with limited amounts of drift and fill.

Modifications to the existing zinc plant for the ZEP project include new surface stockpile and feeder facilities, an expanded grinding circuit, expanded flotation capacity, expanded zinc and lead thickeners and filters and associated expansions and upgrades to ancillary services.

The investment in the mine will allow Somincor to exploit it for at least another

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SPEARHEADING RAPID MINE DEVELOPMENT THAT’S BUILDING TRUST For more than a century, Sika has been involved in the most challenging tunneling and mining projects ever built.

Looking back and profiting from this wealth of experience, means Sika’s underground construction excellence and the best mining practices are now implemented in many regions and the far corners of the globe.

We are a long standing partner of Lundin Mining and proud to to be part of the Neves Corvo Somincor Team.

Visit us on www.sika.com/mining Contact Phone +41 58 436 40 40 Fax +41 58 436 41 50 www.sika.com/mining

SIKA AT NEVES CORVO Sika is a long standing partner of Lundin Mining in several of their mines and assisted the Neves Corvo team to prepare and execute rapid mine development and decline construction, implementing in cycle, fast setting, shotcrete primary liners and efficient shotcrete mix designs. Sika strongly supported the Neves Corvo project team for the recent zinc expansion project. A strong focus was given to the required open time of the concrete for transport and handling as well as the final and early strength of the shotcrete. Part of the project was the optimization of the concrete supply through the more than 300m long vertical slick line with Sika’s leading ViscoCrete® concrete admixtures in combination with Sika Sigunit® shotcrete accelerators and SikaFiber® technology for a reliable shotcrete support. www.sika.com/mining

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SOMINCOR

“The company estimates that it has already invested around €800 million over the past decade” 10 years. The company estimates that it has already invested around €800 million over the past decade, which included approximately €350 million in taxes and royalties to the Portuguese state. The investments made at Neves Corvo also come in addition to further investments at Somincor’s other mining interests at Semblana in Portugal.

Figures released by the Portuguese Ministry of Energy, show that the NevesCorvo mine has been one of the country’s largest exports over the past decade with approximately €6 billion in ore exports. At a time when Portugal, like much of Europe,

was recovering from the devastating financial crisis, the revenues generated by Neves-Corvo was invaluable.

On the Somincor, these revenues have also translated into tidy profits. In 2016, it reported net income of nearly €70 million on NevesCorvo alone, hinting at the high quality of the zinc deposits that lie beneath the surface in the part of the world.

Environmental and Social Issues In addition to conducting an environmental impact report, and passing all the relevant environmental requirements of the

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SOME THINK A MARGIN OF ERROR IS ACCEPTABLE. WE THINK DIFFERENT. The BEUMER fillpacÂŽ R is a bagging system with a difference. Using revolutionary microprocessor-based weighing electronics with vertical filling impellers and two discharge conveyors, it delivers entirely new standards of precision and performance: automatic optimisation and error correction; 300-6,000 bags per hour; individual bag tracking and latest PMS generation; we know what it takes to streamline your end-of-line productivity. For next generation packaging solutions that make a difference, visit www.beumergroup.com

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25.02.15 10:09

SOMINCOR

“As well as being the largest employer in the region, Somincor has also instigated several community programs worth approximately €200,000 to date” Portuguese government, Somincor has implemented several of its own initiatives with an environmental focus. Chief among these has been the company’s own corporate and site strategy for reducing energy use and monitoring GHG through its Air Quality Greenhouse Gas Management Plan.

As part of the expansion of the mine at Neves Corvo, Somincor also redesigned and re-engineered its water management system to exceed the standards set out by Portuguese discharge regulations. Neves Corvo stays well within the permitted levels. In addition, the site

now includes facilities for water management and recycling.

The communities around the mine have also been recognized in the investments.

It’s important to bear in mind that Neves Corvo is located in a highly rural part of Portugal, traditionally an employment black spot for anything outside of traditional areas like agriculture and cork production.

As well as being the largest employer in the region, Somincor has also instigated several community programs worth approximately €200,000 to date.

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SOMINCOR

“In 2018, Neves Corvo marks its 30-year anniversary.

In that time, it has evolved from a small mine, which primarily produced copper to a significant mine, whose output is mostly zinc” Corvo. Chief among these is Finnish company Metso, which will provide much of the mining technology, including a C120 jaw crusher, flotation cells and filter presses. It has also contracted Swedish firm Drillcon to assist in its raise boring, beginning a one-year contract in December 2017.

Further mining technology is provided by Sika. The extensive piping network within the mine shaft was managed by Alvenius, while waste management and energy are under the responsible eyes of Golder Paste Technology and Repsol, respectively. Finally, auxiliary services (restaurants, canteens, etc) at the mine and its surrounding operations are taken care of by Eurest Portugal.

The Future

These programs have included investments in education, community wellness, local supplier development and road safety initiatives. In addition, several of its employees - the vast majority of whom are natives of the area - have become Somincor ambassadors, providing locals with a point of contact in the firm should any issues arise, putting communities within touching distance of the company’s management.

Partners and Suppliers Somincor has contracted some of the largest names in world mining to assist it in the expansion phase of the mine at Neves

In 2018, Neves Corvo marks its 30-year anniversary. In that time, it has evolved from a small mine, which primarily produced copper to a significant mine, whose output is mostly zinc. It’s been quite an evolution, and as the expansion project which is due in mid-2019 shows, there’s still plenty to come from this and other Somincor mines in Portugal.

SOMINCOR

 +351 286 689 000  info@somincor.com.pt www.somincor.com.pt

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