3 Jul 2012 07:00
03 July 2012
WYG plc
("WYG" or "Company")
WYG Awarded Western Balkans Investment Framework Contract
WYG plc, the global management and technical consultancy to the built and natural environment, is pleased to announce it has been awarded a Western Balkans Investment Framework (WBIF) contract by the European Commission.
WYG is part of a consortium, led by Mott MacDonald and which includes Atkins, to provide technical assistance to the Infrastructure Projects' Facility (IPF) of the WBIF, whose aim is to strengthen essential infrastructure across the Western Balkans.
By utilising the Group's strong experience in transport, environment and energy WYG will provide technical support and advice ranging from pre-feasibility and feasibility studies, economic and financial analysis, environmental and socio-economical impact assessments, preliminary and detailed design drawings and supervision of works, to assess the technical, economic and financial strength of projects.
Paul Hamer, Chief Executive Officer, said:
"We are delighted to have secured a contract of this stature. It is a testament of our work and reaffirms our commitment to the region to be appointed onto the third phase of such a significant programme following our continued support throughout phase I/II. We look forward to working with our consortium partners to help the region continue to develop."
ENDS
WYG plc Tel: 0113 278 7111
Paul Hamer, Chief Executive Officer
Sean Cummins, Group Finance Director
MHP Communications Tel: 020 3128 8100
John Olsen
Katie Hunt
Numis Securities Limited Tel: 020 7260 1000
Stuart Skinner and Jamie Lillywhite (Nominated Adviser)
David Poutney and Ben Stoop (Corporate Broker)
Notes to Editors
About WBIF
Launched in December 2009, the WBIF pools financial resources from the European Commission, International Financial Institutions (IFIs), and bi-lateral donors to finance projects that are key to socio-economic development in the Western Balkans. The IPF assists with the preparation of infrastructure projects as part of the lending process of the IFIs.
About WYG
WYG is an established global management and technical consultancy to the built and natural environment that collaborates with clients in over 40 countries to help them realise their corporate and project ambitions.
WYG has the expertise for every stage of a project's life-cycle from planning and design to building and completion.
WYG is a top 15 European consultancy and employs more than 1,400 people around the world.
WYG takes enormous pride in the work it does and has been recognised with several prestigious industry awards including: British Expertise International Awards 2011; RoSPA Occupational Health and Safety Gold Medal Award 2011, National Recycling Awards 2011.
For more information, please visit: http://www.wyg.com/.