ARCADIS Designs Extension for Charleroi / Brussels South Airport.Business Editors ARNHEM, The Netherlands--(BUSINESS WIRE)--Oct. 31, 2002 ARCADIS (Nasdaq:ARCAF; Euronext:ARCAD) announced today that its subsidiary, GEDAS, is part of a multidisciplinary mul·ti·dis·ci·pli·nar·y adj. Of, relating to, or making use of several disciplines at once: a multidisciplinary approach to teaching. consortium that will realize the extension of the airport Charleroi - Brussels South on behalf of the Societe Wallone des Aeroports (SOWAER). Design activities will start this fall and the project is expected to be finalized See finalization. by the end of 2004. The overall order sum for the design amounts to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3 million. The airport of Charleroi is experiencing a period of explosive growth. The number of passengers passing through this airport amounted to 250,000 in the year 2000, but this volume is expected to increase to 2 to 3 million passengers in the coming years. A new terminal at the northern side of the airport with a minimum capacity of 3 million passengers will be needed to provide room to the growing flow of passengers. ARCADIS and its partners are responsible for the project management, project planning project planning - project management , basic and detailed design, permits application and construction supervision. Michiel Jaski, member of the Executive Board of ARCADIS NV comments: "This project emphasizes the solid position ARCADIS holds in the field of complex infrastructure projects. Moreover, it is a good example of how our expertise in airports can also be of added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
The combination of ARCADIS and the other partners was selected because besides conceptual and technical aspects, this team also focuses on commercial exploitation of the passenger terminal. Here, the international experience the team members have with other airports is a great advantage. ARCADIS is a leading, global, knowledge-driven service provider, active in the fields of infrastructure, buildings, environment and communications. With client success central to our total business approach, we fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. project or program needs from concept to completion and beyond. Together, we generate EUR 850 million in annual revenues. There are 8500 of us: results-oriented people, continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. investing in our skills to maximize value while creating viable solutions that assure client success. Visit us at the internet: www.arcadis-global.com |
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