4 Mar 2016 07:00
4 March 2016
("WYG" or "Company")
WYG plc
WYG awarded €5.8m Polish Government contract
WYG plc, the global programme, project management and technical consultancy, is pleased to announce that it has been awarded a new contract worth up to €5.8m to support the Polish Government's initiative to help the unemployed.
This new contract will be delivered over a series of planned actions, supporting the Silesian Labour Office, in eight districts of this industrial region. €2.0 million is attributable to the first stage of the project, which is scheduled to be delivered over the next 18 months. Under the contract WYG will provide short term training and initial assistance to the unemployed. The estimated budgetary allocation of the Polish Government for the overall programme is €50 million in 2016 and this is now reaching the tender stage in regions throughout Poland.
Paul Hamer, Chief Executive Officer of WYG, said:
"I am delighted to announce this contract win, particularly as it is for such a worthwhile cause. This is one of the first of a number of similar projects under the overall programme which are expected to be tendered by the regional labour offices financed through the Labour Ministry in Poland. The contract award demonstrates that government and EU funds are again starting to flow following the recent hiatus in spending. WYG is very well placed to take advantage of future growth opportunities in Poland."
ENDS
Contacts:
WYG plc Paul Hamer, Chief Executive Officer Sean Cummins, Group Finance Director
| Tel: 0113 278 7111 |
MHP Communications John Olsen / Katie Hunt / Ollie Hoare
| Tel: 020 3128 8100 |
N+1 Singer Sandy Fraser / Nick Owen
| Tel: 020 7496 3000 |
WH Ireland Limited Adrian Hadden / Liam Gribben
| Tel: 020 7220 1666 |
Notes to editors:
About WYG
WYG is a leading programme, project management and technical consultancy employing over 1,500 people and operating from more than 50 locations across the UK, Europe, Africa, Asia and the Middle East. We specialise in creating and managing strategic assets for our clients. We engage with them in the early stages of a project, and often continue to advise them throughout its lifecycle.
Outside the UK, we have also become a leader in international development, exporting our knowledge and networks to undertake ambitious projects that make a positive impact on infrastructure, socio-economic growth and the environment. Our in-house expertise encompasses seven global sectors: defence & justice, energy & waste, environment, mining & metals, social development and infrastructure, transport, and urban development. We also bring together a network of more than 20,000 partners and associates from around the world. This breadth of skills and knowledge allows us to provide a unique integrated approach to solve complex challenges wherever in the world our clients need us.
WYG plc's shares are traded on AIM, a market operated by the London Stock Exchange.