N.07december 2015
25 years Get to know the main projects, challenges and opportunities that transformed Martifer into an internationally recognized company
interview Arnaldo Figueiredo, President of Martifer Metallic Constructions and Board Member of Martifer Group martifer metallic constructions in focus Birmingham New Street Station – Naval Industry, sailing from coordination to execution, towards the future a challenge overcome SU summary editorial ED
Carlos Martins Chairman of Martifer Group
PUBLISHER 3 Grupo Martifer, Apartado 17, editorial 18 Martifer turned 25 on February 2015. spirit of self-sacrifice, the will to build Less correct decisions which, in a less 3684-001 Oliveira de Frades We are ready to redefine global presence Portugal 25 years ago, I, Jorge and António Bastos something bigger and the commitment favourable economic scenario, had even our future Global Sports took the initiative to create Martifer. of Martifer’s team to its projects. Mean- more consequences, made us take on DIRECTOR Carlos Martins 25 years ago, our goals were ambitious while, we had already surpassed fron- step back. From 2010 on, we reformu- but we could not imagine the dimension tiers and competed for great projects in lated our strategy and undertook the EDITORIAL DIRECTOR 20 Paulo César Ferreira 4 metallic constructions Martifer would reach. Looking back, I see other geographies. focus on the core businesses. interview Birmingham New Street Station this was our most audacious adventure. EDITORIAL STAFF – from coordination to execution, Catarina Teixeira Arnaldo Figueiredo, President New business and an entrepre- Today and always a challenge overcome of Martifer Metallic Construc- Building 25 years of history is neurial spirit Today we join efforts to recover the CONTRIBUTORS IN THIS EDITION tions and Board Member of Alberto Coelho, Alexandre Kissingler, hard work This strength, the maturity achieved, the business, focusing the Group in the António Santos Lima, Artur Violante, Martifer Group Belmiro Couto, Carlos Costa, Carlos Serra, In 1990, with the beginning of the activ- strong and innovative team and, espe- activities of metallic constructions, ship Daniel Machado, Daniela Ferreira, Filipe ity of supplying industrial buildings in cially, the trusting relations we fostered building and repair and energy. Today, Rosa, Hugo Camacho, Hugo Carneiro, 28 João Lopes, Jorge Martins, Manuel Silva, renewables steel structure, we were just responding allowed us to create new businesses – in with this 25-year path in our memories, Marco Lemos Costa, Mário Rui Couto, Miguel Lobo, Nuno Pina, Paulo Neves, 10 Good winds for Ventinveste to a market need. The next five years 2004 we started activity in renewable we are ready to redefine our future and Pedro Duarte, Pedro Lages Carvalho, preparing the future were very hard. Portugal lived a compli- energies, a passionate business, just like continue to overcome the challenges Pedro Moreira, Pedro Rodrigues, Ryma A transversal plan to a global Makhzoumi, Sara Silva cated economic situation and compa- our nature. We started with the natural we meet. The audacity, the courage and strategy DESIGN 34 nies closed every day. Our team soon evolution of a metal mechanical com- the humbleness with which we started Sandra Cruz enterprising 25 years Martifer showed incomparable work stamina and pany into a wind tower factory. Then, in Martifer, the acquired experience and PHOTOGRAPHY we didn’t give up at the first difficulty. 2005, we created Prio and started bio- the trust our partners lie on us are our Annual Martifer Group’s image bank, ECCS, Network Rail Media Centre, 12 We took a chance on more complex fuel production. A year later, we entered best assets for a sustained recovery. Portal da Copa, SAPA Portugal Awards, in focus projects and found our space in the ad- the photovoltaic sector with Martifer Thank you for being with us and trusting Ventinveste Naval Industry, sailing towards versities of the early 90’s and discovered Solar. us throughout these 25 years. PERIODICITY the future Anual capabilities we didn’t know if we hadn’t With an experience of 17 years of ac- have this turbulent beginning. In 1995, tivity we entered the stock market. It TRANSLATION Editorial Staff we became national leaders. was a frenetic period, with the activity In the following years, we started a in the wind sector intensifying. In 2008 growth path, we became more demand- we were already more than 2,800 em- ing, we got quality certification and ployees in 20 countries and in Oliveira chose partners for life. de Frades new units were built. In the COVER In 1998, Lisbon staged the Expo 98 following years we built great projects, 25 years and Martifer was present in its first gained even more experience and ex- Get to know the main projects, big international event. Then came the plored new opportunities. challenges and opportunities Euro 2004, and the effort of our team that transformed allowed us to overcome the great chal- Martifer in to an internationally lenge of building five stadiums almost Focus recognized company simultaneously. At that point, the cul- In 2010, with almost 4,000 employees ture that distinguishes us revealed: the worldwide, Martifer needed a change.
2 mnews | december 2015 | n.07 mnews | december 2015 | n.07 3 interview
IN | MNEWS Considering your wide expe- This resilience is what will allow us to I consider that the times that lie ahead rience in the construction sector, how beat the difficulties we face and I am are as hard as the ones we faced re- there are not do you see Martifer’s path in the metal- completely convinced that Martifer will cently, but I am also convinced that we lic constructions area? continue, for many more years, the work are today much more prepared to face it has been doing. them than we were a while ago. The many companies in the ARNALDO FIGUEIREDO | Martifer’s path company has already made the adjust- in the Metallic Constructions area has been ments it had to make and prepared, remarkable. Martifer is a company 25 years MN | Considering the current econom- forecasting that what was yet to come world with martifer’s old, already with a long history, and had a ic conjuncture, do you consider the was a rough period. It followed a path meritorious route in terms of statement of worst is over? There are good winds that allows it, today, to face the future its production and engineering capacity in coming towards Martifer, especially in with more optimism. technical engineering metallic constructions. the construction sector? This path turned Martifer into a top com- We have to keep both feet on the capacity pany in the metallic constructions sector in AF | We have to be optimistic, but I ground to be able to overcome the Portugal, where it is a clear leader, and al- would not say the worst is over. I believe challenges we still have ahead of us. lowed it to achieve a relevant position in- we still have very complicated times ternationally. It is considered one of the best ahead. We were able to get to where The construction sector is a very difficult companies in the international scenario, in we are, where many companies did not, sector, which still does not have a very terms of know-how and execution capacity which is already an achievement, and we positive outlook, but it is our sector. We Arnaldo Figueiredo has more than 35 years of experience in the construction sector and and that is, in fact, remarkable and demon- have prospects to continue. have to face it. We are not expecting accumulates the role as President of Martifer Metallic Constructions and Board Member of strates the path taken, from its creation, from scratch, to reach the expression it has today. easiness, but I believe we will be able to Martifer Group with Mota-Engil’s Vice-Presidency. In this interview, shows us his vision of the resist these adversities. Group, of the construction sector and of the global economy. MN | What were the main challenges you faced, so far, in Martifer? And what MN | As the Vice-President of Mota-Engil, do you admire the most about the Being abroad and being Mota-Engil a reference share- company? just to be holder of Martifer for several years, how abroad is not do you see the relationship between the two companies, and how do you think it AF | Martifer, as almost all companies in worth it. We should be or continue to be? Portugal and also internationally, was not are broad to immune to the great crisis that hit the world. The greatest challenge we face make money, AF | Mota-Engil is, indeed, a shareholder in Martifer is to be able to give sustain- to be able to of Martifer for many years, and it hap- ability to the company within its size and be profitable pily is. It is available, as always, to support execution capacity, so that the company Martifer, although it never directly inter- continues the good work it has been fered in the management. doing throughout the years. That is one of the biggest challenges we are still fac- ing and we all have to work together to be able to surpass this difficult period.
What I admire the most in this company is the metallic constructions engineering know-how and the resilience it has had to overcome the recent difficulties.
It is known that many companies in our sector, not only in Portugal, but also in- ternationally, already closed doors or are today very weak and with no capacity to make projects, while Martifer is still going through its path with great resilience and an execution capacity that continues to show what the Portuguese engineering, and Martifer in particular, is capable of.
4 mnews | december 2015 | n.07 mnews | december 2015 | n.07 5 entrevista
It was never actively involved in the has undergone a deep crisis, and I do tion, but we want decisions to be made and execution complexity, and Martifer company, but it always accompanied it. It not foresee an improvement in a very based on competence and not by situ- does them as good as or better than is a company for which Mota-Engil has short term, which forced Martifer, and ations we can’t control. And, above all, any other company worldwide. That is a great esteem, and I foresee that this other companies that wanted to resist they have to be markets with projects our great strength. It is this strength we state of mind will continue in the future. and survive, to go abroad and face the to be made and with public investment, need to preserve and leverage to give international market with the impor- so we can have projects to bid, and more sustainability to the company. Regarding the relationship between the tance it really has for the sustainability of markets where there is the capacity to two companies, we all have to make companies. pay for these projects. There are a lot an effort to improve it, on a daily basis. of markets with several projects to be MN | Keeping the company’s strategy We all can gain if this relationship is of Those which are not abroad, today, do made but do not have the money to in mind [chapter Preparing the Future], a close collaboration and cooperation, not stand a chance. In the construction pay for them, and we have to be careful, from the outlined strategy, what has guided by great transparency and trust. sector, in particular, there is no chance at because we are in no condition of mak- been made and what remains to be all. Therefore, Martifer also had to do it. ing projects and not being paid for them. done? There are situations in which Mota-Engil Luckily, it was already in other countries, it These are the main conditions: having is important to Martifer, and Martifer can was not a new process, but it was neces- what to do, having market and having panies. We had to refocus the path a partnership with advantages for both AF | A lot has been made. Forced by also, in its dimension, help Mota-Engil. I sary to redirect all the activity and re-ex- money to pay companies in that market. Martifer followed in the last years and parts. This is what we are privileging in the market circumstances and the great consider that this good relation that exists, amine where we needed to be, the way redid our strategic plan to better define the present and I believe we should con- crisis that hit the country and the com- and that should be increasingly deepen we wanted to be and where did we have In this context, although crisis is more where we wanted to be and how we tinue to privilege in the future, in order panies, and also the world in general, and cared, is good for both organizations the capacity to be in an effective manner. spread than it was a while ago, our main wanted to be. In this strategic plan, part- to be abroad in a more sustainable way. if Martifer hadn’t done anything, we and therefore we all have the obligation markets are Angola, a very important nerships are a decisive element to suc- wouldn’t be here talking, nor thinking to contribute for this to happen. Being abroad just to be abroad is not market for us, the United Kingdom, spe- cessfully face external markets. about the future, because there would worth it. We are broad to make money, cifically England, France, Saudi Arabia and MN | Still in the field of international be no future. to be able to be profitable. If there is no Algeria. I am convinced that these are and That was what we done, in good time, markets, which do you consider to be MN | In the last years, we have seen a business, we will not make money either. will continue to be the most important in Algeria; a partnership was created and the Group’s main differentiating factors In fact, companies need to adjust to the reduction in the weight of Portugal in So, this was what Martifer had to do, and markets in the short and medium term, it is working. Furthermore, today, we are on these markets? reality, and the sooner they have that ca- Martifer’s business, which is increasingly continues to have to do. despite a few difficulties they are having. able to be in Algeria because we made pacity of adjusting, better they will resist becoming an international company. this partnership, otherwise, because of AF | The main strength this Group has to adversities and, more than that, they What are the main criteria for the As for the criteria for the choice of mar- the crisis the country currently has, it is the great know-how in metallic con- will prepare for the future. Now, Martifer choice of markets where the company kets, they have to be markets where we MN | On the external markets, which would be impossible, we wouldn’t be struction engineering. There are many has done much, actually, because much operates? And which are the most have the capacity to assert ourselves, has been Martifer’s entry strategy? Do there doing anything. And, in this way, we light metal mechanical companies, but needed to be done to adjust to this new important markets for Martifer nowa- where there is not an excessive com- partnerships have an important role in are working on a few projects, although only a few have a great engineering reality we are confronted with every day. days? petition, a market where we are treated the company’s internationalization? less than we had forecasted, and have capacity. Martifer is an engineering com- But there is still much to be done. Not in a fair manner and competence is a prospects to make more in the future. pany and there is when we make our everything is done. Furthermore, eve- AF | Indeed, in Portugal, there is no busi- decisive factor. We have confidence in AF | I think partnerships have a crucial statement: for our technical capacity of rything is never done. There are always ness. In the last few years, the country our capacity and do not fear competi- role in the internationalization of com- In fact, partnerships have a very impor- making projects with great complexity things to do. People need to know that tant role in markets such as Algeria. We and great dimension. This is what we the world is dynamic, it changes every also have a partnership in Angola, for a need to focus on. Doing more of the day, and therefore we need to always long time. Also in Saudi Arabia and in same, anyone can do it. Martifer has to be prepared to be able to absorb and Qatar, where we have an informal part- focus on what it can do better and dis- understand what is going on and adapt nership and are trying to formalize it, in tinguishes it from other companies in its to these changes. So, these things never We defined we order to be in the market in a safer way. sector. There are not many companies in end. It is a continuous process. the world with Martifer’s technical en- wanted to establish We defined we wanted to establish gineering capacity and we have to take Now, there were things which were nec- partnerships with partnerships with local companies, so advantage of it. essary, and urgent, to make and of these, local companies, so that the knowledge of the market and I believe most of them have been made, that the knowledge the commercial component (which is We have been making remarkable pro- and what remains will be concluded in a of the market and always easier to locals) could be associ- jects in several countries, recognized and short period of time. Then, we need to ated to our know-how and production acclaimed, unanimously, for the way they have the company prepared, in organiza- the commercial capacity and we would be able to create are made. Projects with great technical tional terms, for the future, and adapt to component could be associated to our know-how Companies need to adjust to the reality, and the sooner they have that capacity and production of adjusting, better they will resist to adversities and, more than that, they will capacity prepare for the future
6 mnews | december 2015 | n.07 mnews | december 2015 | n.07 7 entrevista
ARNALDO FIGUEIREDO 60 YEARS OLD
PRESIDENT OF MARTIFER METALLIC CONSTRUCTIONS AND BOARD MEMBER OF MARTIFER GROUP
this new reality. We defined a few mar- For the crisis to be over, both here in Arnaldo Figueiredo is a man with a career of over 40 years in the construction kets as strategic, but tomorrow one of Portugal and internationally, that the sector. With a degree in Civil Engineering from Porto University’s Engineering these markets may not be so important, world is better, I hope, and for Martifer Faculty, he started working in 1977, at the age of 21, in Conduril – Construtora for any reason, for example, because it to be better in this better world. Duriense, where he had contact with the working world, but also with what has internal difficulties, and a new one he says is, today, his motto of life: “In the first company I worked for, when we may arise. We have to be open to that It is my expectation. Naturally, we are entered, we had a stairway where there was a sentence placed on the wall that and watch out for the opportunities not alone, and we will depend a lot on marked me for life, from the first day of work: «When one wants to do a task, markets give us. how the world evolves. Now, we also creates a process, when one doesn’t, creates an excuse»”. Marked by the culture need to do our share, because other- We are not of objectives in this first professional experience, he admits that, until today, he We have to do our homework. If we wise no one will do it for us. But I hope, alone, and we likes “people who solve problems, and do not create excuses not to solve them”. stand waiting for things to happen, they and have a strong belief that in five years will depend a will never happen and therefore we we will be much better than we are After 10 years at Conduril, he entered Mota & Companhia as head of the An- need to create the conditions for the today. lot on how the golan market, quickly becoming head of the international area and, later, in 1993, Group to realize that life today is differ- world evolves. board member responsible for the international area. ent from five years ago and we need to Now, we also adjust many things, so we can have the need to do our He is currently vice-President of Mota-Engil, and also Board Member of the Mar- capacity to follow our path. tifer Group and President of Martifer Metallic Constructions. share, because otherwise no Openly stubborn, he considers it to be his main flaw, “sometimes it is hard to | How do you see Martifer five MN one will do it convince me to change my mind”, but also his greatest quality, because “in life, if years from now? for us we don’t persist and don’t continue to fight for what we believe is correct, we will not go anywhere”. AF | My expectation is that in five years there is a stronger Martifer than today. That is why we are all working every In his free time, he likes to read, but is about travelling he speaks more passion- day. I hope in five years we can be talk- ately about, speaking about places he always likes to go back “New York, Rome, ing about how the company is much London, Prague”. But it is Paris that is in his heart: “I can go there every year, I more robust, with more capacity, more don’t mind. There I feel good and like to enjoy the city. Even if I don’t do anything. prepared and better than what it was Just being there is good enough!” five years earlier. At 60, Arnaldo Figueiredo has one certainty: “Without work, nothing is achieved. My age assures me we need to make an effort, to be driven, to work to get somewhere. And hope this work gives us the reward we deserve.”
8 mnews | december 2015 | n.07 mnews | december 2015 | n.07 9 PF preparing the future the reinforcement of the martifer renewables: internationalization in the from asset rotation a transversal plan basis of martifer metallic to the establishment constructions’ strategy of partnerships
for a global strategy Martifer Metallic Constructions has, in the Martifer Renewables is the Group’s basis of its strategy, the internationalization, company dedicated to the develop- At the beginning of 2015, Martifer Group which allows it to face the slowdown in ment of renewable energy projects, developed a reflection process that led to To focus on the Metallic Constructions core business (Steel Structures, Pedro Moreira the construction sector that occurred in mainly in the wind sector. It has a the adoption of a New Strategic Plan. Aluminium and Glass, Naval Industry and Oil & Gas), and to adequate CFO of Martifer Group recent years in some of its main markets. strategy based in a rigorous use of This process culminated in the definition of the activity of Renewables Therefore, this business area bases its ac- capital in the development and con- an Organizational Model that is intended tivity in geographic centres, in order to al- struction of projects. to fully respond to the market challenges To redirect and adequate the structure to the reinforcement of the In- low for a greater extension in its activities: More than accumulating megawatts and to the international context, promoting ternational Presence western europe the Group’s first fac- in operation, this business area aims an integrated vision and management of tory, located in Oliveira de Frades, Portu- to develop the best projects in the the Group, a conscious growth ambition, To reinforce the Roles of Business Control and Risk Analysis in the Com- We are convinced gal, supplies all Western Europe, namely best locations, having implemented reinforcing the spirit of corporate cohesion mercial proposals the countries where the company’s activ- an asset rotation policy that can be and solidarity and the capacity to respond that the New ity is more significant: Portugal, the United applied to projects under develop- to the following priorities outlined on the To improve the Business Processes and the Operational Efficiency Strategic Plan is Kingdom, Spain and France. ment, under construction and in new Strategic Plan: adequate to the eastern europe and the middle east operation. complex challenges the factory in Romania allows it to The company has already devel- produce steel structures for projects in oped and built more than 250 MW of the market and Eastern Europe and countries in the Mid- of renewable assets, having per- Following the adoption of this new organi- in this scenario, is particularly relevant the sale Regarding the financial situation, on Decem- of the current dle East. It has already several ongoing formed sale operations of projects zational model, at the end of the past year, a of the activity in Brazil’s construction market. ber 2015, Martifer reached an agreement international projects in Saudi Arabia. in Poland (to the Ikea Group) and process of focusing on the metallic construc- Martifer Group has also been developing with a group of creditor financial institutions the company has in Brazil (to CPFL and Banco San- tions core business and of adequacy of the actions for the improvement in processes for the restructuring of bank liabilities. The framework, and sub-saharan africa two industrial facilities, one in Angola and tander). Recently, it sold in Portugal, activity of Martifer Renewables was started. and in operational efficiency through the global amount of financing to be restruc- that the ongoing the other one in Mozambique. These are through Ventinveste, five companies The international presence in key geogra- optimization of its industrial capacity and tured reaches around 260 million euros. This action plan will two countries with different characteris- holding licenses and interconnection phies and in attractive opportunities with productions layouts. agreement will allow: allow us to achieve tics and different market guidelines. The rights corresponding to a total of profitability above average was reinforced, ac- At the same time, a number of initiatives factory in Angola aims to respond only to 216.4 MW of wind energy capacity companied by an adequacy of the structure were launched regarding the development the outlined goals. the Angolan projects, because of the size to EDP Renováveis. to the Group’s new international footprint – and retention of human resources. The external context is important, and we of the country, while the Mozambican With this strategy, Martifer aims to factory may supply not only Mozambique, take advantage of its know-how in expect the evolution To adequate the inflows maturity of the operational activity and investment (divestment) to the outflows of the financing activity but also projects in surrounding countries. the development and construction to be favourable, the newest factory of projects, while guaranteeing its To standardize the profile of financial debt repayments northern africa namely in the of the Martifer Group is in Algeria and financing through asset rotation and To significantly reduce the all-in financing costs geopolitical aspect, will respond to the needs of the Alge- the establishment of partnerships To significantly increase the average maturity of the debt (to around eight years) associated with the rian market. with internationally recognized insti- To reinforce the permanent capital structure In specific markets, such as Algeria (Marti tutions, both in the financial sector recovery of the price Metal) and Mozambique (Martifer Amal), and other sectors. of commodities, Martifer Metallic Constructions sought Revenues EBITDA Net Debt in particular of oil to establish partnerships with companies M€ M€ M€ and gas, and in that, for their knowledge of the market and/or by the complementarity of its 250 12 350 consequence, of +47% 315 competences, may add value and create +30% 300 285 283 276 the investment and 200 10 new business opportunities. 250 economic growth 8 150 200 in countries such as 6 Holding Angola, Algeria and 100 150 The Group believes that it has been taking the right steps towards successfully 4 Saudi Arabia. 100 Renewables surpassing the turmoil period that affected the majority of Portuguese com- 50 panies and also the European markets – the recovery shown in the Group’s 2 50 Metallic Constructions results in the first nine months of the year, namely on the operational level 0 0 0 (EBITDA and EBIT) reinforce that belief. 9M2014 9M2015 9M2014 9M2015 2012 2013 2014 9M2015
10 mnews | december 2015 | n.07 mnews | december 2015 | n.07 11 IF in focus naval industry sailing towards the future Aveiro and Viana do Castelo are two the shipyard’s infrastructures suffered a direct employees, from which around In a little over five years, and starting from a cities separated by only 120 km (as the modernization and rehabilitation pro- 70 % are former employees of the ENVC small repair shipyard, we created a business crow flies). They are, however, connected cess, having built, from 2008 to 2013, and repaired or converted more than 50 by the history of their populations which, seven vessels (two ferry catamarans and ships, 85 % from the international market. segment that today represents more than having in common their connection with five river cruise ships). West Sea has already four ships in its 20 % of Martifer Metallic Constructions’ the sea and the fishing activities, fre- It is at the end of 2013, following an construction order book: two cruise turnover and created approximately 300 quently travelled between the two cities, international public tender, that Martifer ships for the Douro River, currently un- direct jobs. We believe the naval sector has in an intense cultural and commercial becomes the sub-concessionary of the der construction, and two ocean patrol still a lot to give to the Martifer Group. exchange. This connection led them to lands and the infrastructures of the Viana vessels which are currently in project Pedro Duarte become twin cities in 1910. Two port Shipyard (Estaleiros Navais de Viana do stage and will start plate cutting in the Board Member of West Sea We have the right people, the necessary cities, located in the Atlantic axis, in the Castelo – ENVC). The sub-concession first half of 2016. and Navalria infrastructures and a privileged location centre of several international routes. contract was signed on January 2014 With the entry into operation of West to become a reference in this sector. It is to It is in these two cities that Martifer has and in May, West Sea, the company cre- Sea, Martifer started to count with two achieve it that we work daily, and it is with two shipyards, Navalria, in Aveiro and ated to manage the sub-concession, shipyards that currently allow it to re- West Sea, in Viana do Castelo. started its activity in the shipyard. pair and convert more than 100 ships these skills and a well-defined strategy that The naval industry is a reality in the Mar- After the sub-concession, West Sea with a maximum length of 200 metres we will grow, both in Portugal and in the tifer Group since 2008, the year when it underwent a process of recovery of and transform more than 20 thousand internationalization process. acquired the totality of the capital of Na- the facilities and the equipment, in an tonnes of steel for new constructions. valria, a shipyard which, at that time, dedi- investment that, in a little over a year, cated exclusively to the ship repair activity. surpassed four million euros. With the entry of the Martifer Group, Today, the company has more than 200
12 mnews | december 2015 | n.07 mnews | december 2015 | n.07 13 em foco
two shipyards, an ocean of opportunities
Each of the two ship- yards has equipment that endows it with specific characteristics. With West Sea, the shipbuilding sector has today Both shipyards have a the knowledge and the capacity to face added value strategic location, in the international challenges. We have the largest and North and Centre of more competitive building shipyard in Portugal and Portugal, near several it is all due to the highly qualified human resources internationally relevant ports, such as Vigo, navalria west sea and the resources we have. Leixões (Oporto) and Dry Dock Dry Docks (2) Our strategy is to build ships with advanced a - a - Marco Lemos Costa Lisbon. Their location is technology. It is based on this strategy and on the b - Gantry Crane b - Building platform Director of Shipbuilding near several international at West Sea Floating dock Outfitting Basin excellent human competences we have that we routes, namely the routes c - c - Dock support shops face the present with optimism, we prepare for a that connect the Medi- d - Shiplift d - more ambitious future and we propose to be an terranean with Northern e - Units Assembly shop e - Mechanics shop Europe, the Northern f - Mechanics Shop f - Piping Shop international reference. Europe with South Carpentry Panel Assembly Line America and the Medi- g - g - Units Assembly Berths Preassembly Shop terranean with North h - h - America. i - Warehouses i - Heavy Boiler, Blasting, Painting and Boiler Shops
navalria west sea
a g d c b e f e d f b a i i g h c h
14 mnews | december 2015 | n.07 mnews | december 2015 | n.07 15 em foco
repaired ships
Eva Schulte Tanker with 145 metres, repaired between May and June 2015
proximity, specialization and knowledge as strategic axis Orwell António Santos Lima Director of Ship Repair Dredge with 90 metres, repaired at West Sea between March and April 2015 In the celebration of West Sea’s first The concession will have a 40-year other equipment year in Viana do Castelo, Carlos Martins, period, having the Algerian State Invest- equipment and ships with high technical President of the Martifer Group, stated ment Council, in September 2015, given complexity and possibility of incorpora- that “the Viana do Castelo Shipyard can its agreement for the creation of a joint tion of the Group’s know how, both in only assert itself if it is connected with venture, which constitution formalities naval industry and in metal mechanical It is West Sea’s other shipyards, in order to respond to are currently being developed between construction intention to three fundamental factors: proximity, ERENAV and West Sea that will have reinforce its ship specialization and knowledge”. the concession of the shipyard. It is with this strategy, together with the repair capacity, Monte Brasil The internationalization is one of West Besides the ship repair/conversion activity, satisfaction of their clients that Martifer Container with 126 metres, repaired Sea’s strategic pillars and the company a core activity in the Group’s shipyards, Group’s companies in the naval sector through the creation in July 2014 looks for the entry in new markets other key point for Martifer’s strategy for expect to continue to develop the suc- of new docking through the creation of partnerships for the naval sector is the specialization in cessful work shown until now, ensuring, spaces which shipyards near oil & gas extraction sites construction. The company is currently in this way, the loyalty of their clients and allow, in the short and with a strong demand for ship repair. focused on three types of products: the sustainability of the sector within the The first steps towards this new stage of term, to double Martifer Group. the company were taken in June 2015, cruise ships the activity in one after a period of mutual knowledge and the Group has already a relevant experi- of Portugal’s most joint work throughout 2014, with the ence in this type of ship competitive sectors concession of a shipyard in Algeria, in internationally, since ships in construction order book partnership with an Algerian ship repair military vessels public company, ERENAV. Located in the with a strong technological incorpora- the Portuguese Arzew port, this shipyard is specialized in tion component and a high level of tech- shipyards are among 2 Cruise ships for the Douro shipbuilding and repair. nical demands the most reputable River, currently under construc- tion – one for a national client and and the sector other for an international client, to workers recognized be concluded in February 2016 as excellent, not only The creation of added value products that embody the in Europe, but also in introduction of know how within the naval segment of Martifer the Middle East and Group is essential to the positioning of West Sea as a reference in Africa. brand in this sector; that is why the creation and implementation 2 Ocean Patrol Vessels for of a start-up in the field of electrical generation – Power Barges the Portuguese Navy, which are – makes perfect sense, since the modularity and flexibility of currently in project stage and will start plate cutting in the first half these products meets the needs of emerging and expanding of 2016 countries. The development of Power Barges uses all the domain Filipe Rosa Responsible for the Gas Division and technical knowledge already acquired by the naval sector, at West Sea introducing a new concept and an added value product for the West Sea brand.
16 mnews | december 2015 | n.07 mnews | december 2015 | n.07 17 GP global presence
Martifer has a wide experience in the construction of sports infrastructures, having participated in the construction of several internationally acclaimed sports events, such global as the 2004, 2012 and 2016 European Football Championships, the 2013 World Field sports Hockey Championship, the 2014 Football World Cup and the 2016 Olympic Games.
poland portugal baltic arena dragão stadium luz stadium alvalade xxi stadium bessa stadium portimão multi-purpose pavilion
saudi spain arabia caja mágica king abdullah sports city
angola france arena luanda grand stade olympique lyonnais
brazil united arena fonte nova kingdom arena castelão secc hydro arena arena amazônia arena grêmio olympic training centre paralympic halls
18 mnews | december 2015 | n.07 mnews | december 2015 | n.07 19 MC metallic constructions birmingham new street station The Birmingham New Street Station is The façade that covers the entire station, to support the structure and assist dur- the busiest station outside London and with a total area of around 2,400 sqm, is ing the assembly process. This module the largest transfer station in the United a bomb blast façade, which demanded involved huge challenges, mainly because Kingdom, with a train leaving the station a high level of precision at conception of the complexity in its assembly. from coordination every 37 seconds. level, since it is prepared to resist to ex- Besides the complexity of the project, Built in the 60’s, the station was now to- plosions from a distance above 25 me- which involved the need for great co- to execution, tally refurbished, in order to transform it tres. This façade also included the instal- ordination between Martifer’s teams into a XXI century terminal, in a project lation of 84 doors, from which around and other parties on site, the logistics of that involved not only the improvement half are automatic. the project was also challenging, since a challenge overcome and expansion of the station, but also Besides these two façades, Martifer there was no stock on the site, which the improvement of the surroundings of was also responsible for the stainless demanded the materials to be delivered the station and the creation of new jobs, steel façade. This is composed by more at the time of the assembly. through the development of the Palla- than 8,500 stainless steel panels, total- Martifer Metallic Constructions was able, sades Shopping Centre, which will have ling 12,000 sqm. Almost all panels are in this way, to successfully conclude a John Lewis as its main store, in the south unique, in order to meet the building’s project that involved rigorous logistics area of the station. unique geometry. All the support struc- and coordination operations, as well as Martifer was present in four different ture in iron (1,200 tonnes) and alumini- exceptional safety procedures, since the areas of the project. um (80,000 metres) was developed and station was functioning during the entire In the shopping centre (Pallasades), Mar- executed by Martifer. project and there were works above the tifer was in charge the John Lewis Façade, Lastly, Martifer was also in charge of the railways. a store from one of the most emblematic execution of a skylight in steel structure chains in the United Kingdom. It is a 4,700 (Atrium) with 700 tonnes, supported sqm modular façade, distributed by five by 14 supports on top of 14 pillars. Due floors, completely developed and installed to its configuration, it was necessary to by Martifer Alumínios. use propping towers and hydraulic jacks
Birmingham New Street Birmingham New Street
The projects developed by Martifer, because of their complexity and size, demand an efficient organization, which allows us to overcome several challenges, technical, logistic or geographical. From the commercial area to assembly, from logistics to production, all aspects Hugo Camacho must be aligned so the projects are concluded on time and on COO of Martifer Metallic Constructions budget, ensuring the quality of the final work.
Birmingham New Street Birmingham New Street 20 mnews | december 2015 | n.07 mnews | december 2015 | n.07 21 metallic constructions from madrid to seville, from the corporate sector to hospitality two highly complex and housing in portugal towers Martifer concluded, in 2015, two highly çade of the Serrano Tower was designed complex projects in Spain. by Ortiz y León and the expert manage- The Serrano Tower, in the centre of Ma- ment was performed by ENAR, and was drid, is a tower with 50 metres of height, concluded in March 2015. having its façade been refurbished with In Seville, Martifer faced also a great the building in operation, both in the high technical challenge. The Triana Tower floors (offices) and on the ground floor Podium, designed by Cesar Pelli, involved (commercial area). This demanded an ad- the production and assembly of 1,600 ditional concern, not only with the sched- façade modules, of which 80 % are dif- ules and impact of operations, with the ferent from one another. interior works being made according to a The singularity of the modules demand- Serrano Tower rigorous night and weekend work plan to ed the creation of software developed ensure the normal operation of the of- especially for this project, which allowed New EDP Corporate Headquarters New EDP Corporate Headquarters fices, but also with the aesthetics and func- the placement of the modules, front and tionality of the wraparound protection, in vertical grids in the technical design of order to not affect the operation of the the façade. commercial area and to maintain the cir- In total, 7,400 sqm of façade, 4,310 metres culation areas of the building’s users. of vertical blades, and 14,000 metres of In this project, Martifer was responsible horizontal blades and 2,050 metres of for the façades, having assembled around front profile were applied. All the profiles 1,370 façade modules distributed by 13 were created from scratch for the project. floors, 3.7 kilometres of pillar cladding, The project was made in nine months 800 sqm of curtain wall with Led (on and was completed on April 2015. the ground floor of the building), 2,000 With two challenges concluded, Martifer sqm of fire protections and also a main- is currently working in the project of Ban- tenance gondola with reinforcement of co Popular, in which it will be in charge of the structure (around 30 tonnes), being the execution of the double membrane the façade and cladding system totally façade with glass fins and 9.50 metres high developed by Martifer. glasses, in a singular project expected to Atlântico Estoril Residence/Hotel Intercontinental Estoril Atlântico Estoril Residence/Hotel Intercontinental Estoril Having Infinorsa as a client, the new fa- be concluded by the end of August 2016. Serrano Tower In Portugal, Martifer Metallic Construc- the architect, Aires Mateus & Associados, because of its large size, was homologat- tions carried out, in 2014 and 2015, two regarding the building’s aesthetics, it was ed and certified by LNEC. Martifer was remarkable projects, both in the region developed especially for this project a also in charge of 15,500 sqm of alumin- of Lisbon: the New EDP Corporate façade system that allows a minimum of ium composite panel with fire retardant Headquarters and the Atlântico Estoril / visible expressions of the aluminium. This characteristics, 700 sqm of façades, Hotel Continental Estoril. system was tested and homologated by 1.5 km of glass guardrails, 750 sqm of In the new EDP Corporate Headquar- an independent certified laboratory. arched sunshades and shading grids and ters, in Lisbon, Martifer had Mota-Engil The Atlântico Estoril Residence / Hotel 190 tonnes of steel structure. as a client and developed a solution in Intercontinental Estoril is a hospitality With these projects, Martifer has shown,
Triana Tower Podium aluminium, not only to avoid future pa- and housing project in Estoril, designed once more, its capacity to develop tailor thologies, but also to optimize the costs by the architect João Paciência. Having made solutions for each project, meeting and process of production and assembly Atlântico Estoril – Construtores ACE the needs of clients and the architectural of the project. as a client and ÓNUS – Investimentos demands of each building. Martifer was responsible for the pro- Imobiliários as the owner, the project duction and assembly of approximately stands out because of the diversity of 11,000 sqm of façades with SAPA sys- systems executed by Martifer. tem and 3,300 sqm of silicone façade. The company was responsible for In order to meet the requirements of 2,500 sqm of frames, in a system that, Triana Tower Podium Triana Tower Podium 22 mnews | december 2015 | n.07 mnews | december 2015 | n.07 23 metallic constructions
Also in France, in a project of great im- from steel structure to aluminium: portance for the future of energy, Marti- fer is participating in the construction of ITER, an international project in the area iconic projects in france of energy. In this project, Martifer is in charge of the In 2015, Martifer continued to develop event: the Grand Stade de Lyon, which production and assembly of around 6,000 iconic projects in France, having concluded will host games of the 2016 European tonnes of steel structures, as well as the the works in Forum des Halles, in Paris, Football Championship. supply of around 11,000 built-in plates and in the Grand Stade de Lyon. It is a stadium with more than 58 thou- for the buildings no. 11, 14 and 74, with a Located in the heart of Paris, Les Halles sand seats, which involved the produc- high degree of technical demands (class was, for more than 800 years, the main tion and assembly of more than 7,525 EXC4 according to standard EN 1090). food market in the city, having been re- tonnes of steel structure with a high The assembly of the roof was per- placed, in the 70’s, by an underground level of complexity in the production formed with the big lift technique, which shopping centre, the Forum des Halles. In because of the geometry of the connec- allows the elevation of the totally assem- ITER 2012, the renovation of the building was tions and demands in welding. bled roof throughout the façade. started, consisting in the construction of The assembly of the project began in Oc- Martifer’s works on the project started the space La Canopée that will occupy a tober 2014, being concluded in October Forum des Halles on September 2014 and their conclu- total area of 20 thousand square metres. 2015, and involved, in the peak of the pro- sion is forecasted for June 2016, having, Having the consortium formed by Chan- ject, around 130 employees. The assembly up to date, been assembled more than tiers Modernes Construction, TPI and process demanded the use of 15 mega 5,000 tonnes of steel structure. GTM (subsidiaries of Vinci Construction) propping towers with 30 metres of height With the recent conclusion, in France, as a client, Martifer was responsible for and a capacity of 200 tonnes, assembled of two projects and the participation in the supply and assembly of more than in two stages to allow the temporary a project as important as ITER, Martifer 2,000 sqm of fire resistant façade with a propping of the stadium’s 32 main lattices. has been giving its contribution to the 7 metres height, 1,860 sqm of aluminium These towers were removed after the construction of some of the most iconic façade with VEC modules and 250 sqm de-propping of the structure through 200 projects in the country. of skylights. tonnes hydraulic jacks, in a process which In Lyon, Martifer participated once again conception and execution were totally in an infrastructure for a great sports ensured by Martifer’s teams. Grand Stade de Lyon ITER
With factories in Angola and Mozam- distributed by guardrails, grids, canopy, The project is composed by a 14-floor bique, it is in these two geographies that skylights and stairways, office tower, a 19-floor apartment tower from angola to mozambique: africa Martifer develops most of its activity in With a diversified number of elements and a common basement that will com- Sub-Saharan Africa. and a high complexity, the project de- prise a shopping centre and two floors with martifer projects In Angola, the company is currently con- manded the elaboration of 1,600 pages of parking. cluding the Kilamba Building, an office of calculation notes and 419 detailed Martifer was responsible for the supply tower located in the Marginal of Luanda, drawings, as well as logistic difficulties, and assembly of all the aluminium and with 155 metres of height, 25 of which since there was no storage on site, glass façades, both in the apartment below sea level. which demanded a strict planning ac- tower and the office building. All the In this project, Martifer was responsi- cording to the evolution of the project. building’s exterior façades are elliptical, ble for the execution of approximately In Angola, besides the conclusion of this and the central area of the offices has a 6,000 sqm of aluminium composite project, the company started in 2015 both vertically and horizontally curved panel, 5,000 sqm of modular façade, the construction of Sodiba – Fábrica de modular façade, demanding special care 1,600 sqm of traditional façade and Cerveja e Água do Bom Jesus, a turnkey in its technical design. 1,000 sqm of fire resistant elements. project expected to be concluded on It was also in charge of 900 metres of November 2016. shading blades, 644 units of projecting In Mozambique, Martifer, through its sub- structures and 72 units of frames, as sidiary Martifer Amal, was present in the well as 1,200 sqm of ventilation blades, construction of the Rani towers (Hori- 500 sqm of stainless steel guardrails zon), an icon of the city of Maputo, lo- Horizon Building Kilamba Building and around 56 tonnes of metalworking, cated 100 metres from the Indic ocean.
24 mnews | december 2015 | n.07 mnews | december 2015 | n.07 25 metallic constructions from transport infrastructures to sports complexes in saudi arabia
In Saudi Arabia since 2015, Martifer con- Martifer entered the Algerian market in steel structure of a thermoelectric gas- tinues to develop several projects in the 2014, with the creation of Martimetal, a fired plant’s refrigerator, located in Djelfa – country, being currently in the phase of company 49 % owned by Martifer and Martimetal is currently finishing the instal- conclusion of two bridges in Riyadh, the 51 % by the IMETAL Group, the largest lation of its industrial unit, located in Batna. Carwest project. It is the construction of Algerian public industrial group, which The new unit has a total area of around a junction between the circular roads of incorporates the entire steel sector, includ- 6,000 sqm, from which 14,000 sqm are Riyadh, a project that will increase the ing one of the largest metalworking pro- occupied by the production area. This unit traffic capacity between the city’s several jects in Algeria. has already started the production of the highways, with a daily traffic of around With one project in the order book – the first pieces for the Djelfa project. 600 thousand cars. In this project, Martifer is responsible not only by the connection project, but also by the production and assembly of the from steel structure to aluminium: bridges that have as main challenge their configuration and size, which demanded martifer metallic constructions Abi Bakr Bridge local production, in one of the com- pany’s partners in the region. One of the bridges was already con- awarded in 2015 cluded and the other is being assembled, with its conclusion forecasted for the Martifer performed, in the last years, ecuted worldwide in 2014 by SAPA end of the year. projects with a high level of technical Building System Portugal’s clients. Besides the conclusion of the Carwest complexity. This execution capacity has Amongst the 17 awarded projects, project, the company is also participating been awarded throughout the years, by Martifer received tree awards: National in two projects: the Damman Multi-pur- several institutions. Hospitality, for its work in Atlântico Es- pose pavilion and the Abi Bakr Bridge. In October, the company’s work in toril Residence / Hotel Intercontinental The Damman Multi-purpose pavilion Arena da Amazônia was recognized by Estoril, National Solution Engineering, project is composed by two stages: the ECCS - European Convention for for its work in the New EDP Corporate the atrium of the administrative build- Constructional Steelwork, with the at- Headquarters, and Protection and safety ing (1,110 tonnes) and a multi-purpose tribution of the Excellence award in the solutions, for the work in the Birming- European Steel Design Awards pavilion (4,850 tonnes), with a capacity Public and Cultural category in the Euro- ham Gateway project. for 6,000 people. Martifer is responsible pean Steel Design Awards 2015. With these awards, Martifer reaffirms for the project, production and assembly These awards are given every two years itself as a reference in the steel struc- of the entire structural steelwork of the and award projects that distinguish in the tures and aluminium and glass façades Abi Bakr Bridge pavilion. The atrium of the building is cur- area of steel construction. segments, reinforcing, once more, its rently in its final stage of assembly and In November, in Portugal, the work in vocation towards highly complex and the company is currently starting the the aluminium area was recognized in large projects. production of the structure for the pavil- the SAPA Portugal Awards 2015, which ion, which is expected to be concluded goal is to award the large projects ex- on September 2016. SAPA Portugal Awards In the Abi Bakr Bridge, a bridge with 326 metres of length and 29 metres of width, Martifer concluded on September the assembly of the metallic deck, in a project which execution deadline was Martifer has sought to overcome the difficult period in the the great challenge to overcome. The construction sector through the entry in new markets and the works in this project will be continued differentiation by the quality of its technical engineering solutions. throughout the next year with the as- Therefore, the awards we have been receiving have an important sembly of three pedestrian crossings and of the support structure for the bridge’s Carlos Costa role, since they show and recognize our capacity to develop highly CCO of Martifer Metallic aluminium façade. Constructiuons complex and large projects. Abi Bakr Bridge
26 mnews | december 2015 | n.07 mnews | december 2015 | n.07 27 RE renewables good winds for ventinveste Ventinveste was created in 2005, more modern Senvion factories after the launch of the national worldwide, exporting a large part wind tender in Portugal, for the at- of its production. tribution of licenses for wind energy At the beginning of 2013, Ventin- production. The consortium won veste’s shareholders (Galp and the phase B of the tender, being Martifer) took the decision to start therefore responsible for the devel- a process for the sale of the wind opment and construction of a farms. In this process, they found 400 MW wind portfolio. a foreign investor with the capac- Besides the construction of the ity and the interest to invest in the farms, Ventinveste also developed projects at a more advanced stage an industrial cluster, which allows a of development. As a consequence, strong Portuguese incorporation on December 2014, the Âncora in the production of the equip- Project was created, which ensured ment to install in the farms and the financing for the construction contributes to an increase in the of 171.6 MW. The remaining pro- country’s exports. Good examples jects of the Ventinveste Consortium of the success of this cluster are the (216.4 MW), which were in a less factories built by Senvion in Oliveira mature stage, were sold to EDP de Frades and in Ílhavo. In the first, Renováveis on October 2015. the nacelles are assembled and in This sale is pending approval from the second the wind generator administrative and competition blades are produced. This last one authorities in Portugal. is considered one of the best and
Besides the construction of the farms, Ventinveste also developed an industrial cluster, which allows a strong Portuguese incorporation in the production of the equipment to install in the farms and contributes to an increase in the country’s exports.
28 mnews | december 2015 | n.07 mnews | december 2015 | n.07 29 renewables
âncora project: a new stimulus for ventinveste vale do chão The Âncora Project is a partnership on December 2014, and the farms are to Senvion by Martifer Metallic Cons- between Ventinveste and Ferrostaal that expected to be fully operational by the tructions and are being produced in the Interconnection diagram aims at the construction of 171.6 MW end of 2016. The total amount of invest- company’s factory in Oliveira de Frades, distributed by two projects: Douro Sul ment is 220 million euros, from which ensuring one year of continuous work in with 149.05 MW, which includes the 175 million were financed by a consor- the factory. After the conclusion of the Penela Substation Moimenta (86.1 MW), Três Marcos tium of banks constituted by BPI, ING projects, and considering the 12 MW al- (REN) Picos Vale do Chão (38.95 MW) and Sernancelhe and Santander. ready in operation, Ventinveste will have Wind farm (24.00 MW) wind farms, and Vale do The wind farms will have a total of 84 a total installed capacity of 184 MW in 11x MM92 – 80 m Chão, with a 22.55 MW wind farm. turbines supplied by Senvion. The wind Portugal. 10 km 17 km The construction of the farms began towers and foundation rings are supplied 60 kV line 60 kV line (shared line)
VALE DO CHÃO DOURO SUL
PICOS VALE DO CHÃO MOIMENTA TRÊS MARCOS SERNANCELHE Location Grid connection Location Lousã Moimenta da Beira Viseu Sernancelhe Located at Serra da Lousã in The connection to the public electrical network will be at 6 kV, more precisely connecting MW 22.55 86.10 38.95 24.00 the Castanheira de Pêra and to an existent overhead line No. turbines 11 42 19 12 Gois municipalities This connection between the wind farm and the existing overhead line will be done Turbine model MM92 – 80 m MM92 – 100 m MM92 – 80 m MM92 – 100 m through a similar 60 kV overhead line Estimated conclusion date December 2015 August 2016 October 2016 May 2016 The 10 km overhead line to be built will be owned by the Vale do Chão SPV
douro sul
Interconnection diagram
Location
Armamar Substation Located in the district of Viseu, in the (REN) municipalities of Moimenta da Beira, 400 kV Sernancelhe, Viseu and Castro D’Aire Moimenta 15.4 km Wind farm 400 kV line 42 x MM92 – 100 m Grid connection 24.2 km 60 kV line The connection to the public electrical net- work will be at 400 kV, at REN’s substation in Armamar Moimenta Substation The grid connection infrastructure to be built Sernancelhe 30/60/400 kV includes a 30/60/400 kV substation located Wind farm in Moimenta, a 15 km 400 kV overhead line 12 x MM92 – 100 m 21.5 km as well as two overhead lines of 60 kV each, 60 kV line necessary to connect the Sernancelhe and Três Marcos wind Farms to the main substa- tion in Moimenta
All lines and substations to be built will be Três Marcos owned by the Douro Sul SPVs, with excep- Wind farm tion of the 400 kV line that will be trans- 19 x MM92 – 80 m ferred to REN
30 mnews | december 2015 | n.07 mnews | december 2015 | n.07 31 fourth wind farm Martifer Renewables has known how to concluded in poland position itself in the Martifer Renewables concluded, in Oc- renewable energy tober, its fourth wind farm in Poland, a market conditioned 36 MW project located in Gizalki. by difficulties in This project was developed by Martifer access to credit and Renewables in partnership with a local Jorge Martins bank guarantees, developer up to its ready-to-build stage, CEO of Martifer Renewables after which Martifer secured a prelimi- focusing on nary agreement for the sale of the farm geographies where and financing with the Ikea Group. With we were able to the definite sale of the wind farm on reduce the risk and November 2015, Gizalki became the 170 mw of fourth project successfully delivered by forming partnerships Martifer Renewables to the Ikea Group, with investors that solar energy on time and on budget, reinforcing, complement our in brazil therefore, the relation with an important know-how. It is this partner and client of Martifer. way we want to proceed, generating Martifer Renováveis, Martifer Renewa- bles’ subsidiary in Brazil, sold, in Novem- results and cash flow. ber, two solar energy projects, totalling 170 MW. Both projects are located in the Rio Grande do Norte State, North East Brazil. The first project, Floresta, with 80 MW, located in the municipality of Areia Branca, was sold to Solaire Direct. The second project, Assú, located in the mu- nicipality with the same name, with 90 MW, was sold to Tractebel. Both compa- nies are a part of the Engie Group, the largest independent energy production group in the world. This sale continues the success reached by Martifer Renováveis in Brazil that, since its creation in 2008, already built around 110 MW of renewable energy projects as co-owner and sold around 400 MW of solar and wind projects in different stages of development. Martifer Renováveis believes this success will continue. Brazil has been having a large growth in the renewable energy area, having added, in the last years, around 1 GW of solar energy projects and 2 GW of wind energy projects to its energy matrix, through annual public auctions.
32 mnews | december 2015 | n.07 mnews | december 2015 | n.07 33 EN enterprising 1995 1990 complex structures Evolution of the company, which goes from the con- 1990 was ONU’s international al- struction of simple industrial buildings to complex phabetization year, the year Nelson structures, also starting activity in the construction of Mandela was released after 27 years Shopping Centres and other great projects. in prison and the year of Germany’s reunification. 1996
It is in this year that, on 21st Febru- quality certification ary, Martifer is created, a company 1998 that aimed to supply industrial pavil- Preparation for quality certification ISO 9001. The certi- ions built in steel structure. fication was obtained in 1997. Preparation for Expo 98. expo 98 Martifer completed, in 2015, 25 Year of the Expo 98 in Portugal, with Martifer’s partici- years. Learn more about the path 1999 pation in the construction of Praça Sony and Vasco da of the company throughout its first Gama Tower. quarter-century. new facilities Transformation into a Public Limited Company, chang- Construction of the company’s second factory, in Benavente ing its shareholder structure. The capital is held by MTO Opening of the new facilities of the company in Oliveira de SGPS (currently I’M SGPS) and by ENGIL SGPS (cur- Frades. rently Mota-Engil SGPS). As from 2001, these sharehold- 2000 ings became equal. internationalization 2003 Beginning of the internationalization process, with the entry in Spain. euro 2004
Beginning of the construction of the steel structures factory in Poland, the first outside of Portugal, which started production in 2004. Construction of the stadiums for the Euro 2004, in 2004 Portugal. renewable energy 2005 Beginning of activity in the sector of equipment for re- 21 newable energy, through Martifer Energia. This company diversification was dedicated to the production of metallic towers for wind generators and was installed in Oliveira de Frades Beginning of activity of the metallic structures in Romania. foundation of martifer Industrial Area. Beginning of activity in the area of Agriculture and Biofuels. Purchase of a 2 % stake in Repower Systems 25.4 % stake in Repower Systems, becoming a refer- Foundation of Martifer as a limited company, Creation of Martifer SGPS, S.A., which objective is to ence shareholder of the German company. with capital of approximately 22,500 euros manage the social holdings of Martifer Group companies. Creation of Repower Portugal, aimed at the market of and headquarters in Oliveira de Frades’ in- 2006 construction of wind parks, assistance and assembly of dustrial area, where it is still headquartered aero generators. today. The first project of the company was a solar sector Creation of M Energy (today, Martifer Renewables), with the pavilion for Isocar. main purpose of centralising the management of all the activi- Beginning of activity in the solar PV sector, with the crea- ties in the area related to the promotion of renewable energy. tion of Martifer Solar. Creation of the Ventinveste Consortium for the Na- tional Wind Tender, in partnership with Galp.
34 mnews | december 2015 | n.07 mnews | december 2015 | n.07 35 2007 2014 ipo 2014 world cup Takeover bid on REpower Systems, in partnership with Beginning of activity in the West Sea shipyard, in Viana do Castelo and signature, at the end Suzlon. of the year, of the new company’s first shipbuilding contract. Obtainment, by Ventinveste, of the first place in Phase B World Cup in Brazil. Martifer Metallic Constructions participated in the construction of of the public tender launched by the Portuguese Gov- 2008 three arenas, while Martifer Solar participated in the PV roof of one arena. ernment for the attribution of 400 MW of wind energy. Beginning of activity in Algeria, creation of Martimetal, a company 49 % owned by Martifer. Martifer SGPS entry in the stock market, through an new units Focus on the Metallic Constructions business: metal mechanical construction, aluminium initial public offer (IPO). After the IPO, the company had and glass façades, naval industry and infrastructures for oil & gas. 65 thousand new shareholders. Entry in the naval sector, with the acquisition of Navalria, Creation of the Âncora Project, between Ventinveste and Ferrostaal, for the construction of in Aveiro, Portugal. 171.6 MW of wind energy. Beginning of production in the industrial units of wind 2009 generators, components for wind farms and PV modules. Beginning of construction of the steel structures factory 2015 martifer renováveis in Angola. Obtainment of licenses for 217.8 MW of wind energy strategic redefinition in Brazil’s first wind auction by Martifer Renewables, Strategic redefinition and adoption of a new organizational model. which in this year surpasses the 100 MW of installed Entry in a contract for the construction of two Ocean Patrol Vessels for the Portuguese Navy. capacity. 2010 Sale of the metallic construction segment in Brazil. Sale of the stake in REpower Systems. Conclusion and sale of Martifer Renewables’ fourth wind farm in Poland, located in Gizalki. solar projects in africa Conclusion of the construction, by Martifer Solar, of the two largest PV plants in the African continent, located in Cape Verde, in the islands of Sal and Santiago. 2011 Sale of 11 % of Prio Energy and Prio Foods. metallic construction in brazil These were the most important moments in Martifer’s history. Sale of the stake in Repower Portugal. However, a company’s history is not just made of moments. It is Entry in the Brazilian metallic construction market. 2012 also made by each piece of steel transformed into structure, of each megawatt produced, of each project concluded. saudi arabia Beginning of production in the steel structures But, above all, the history of Martifer is made of all those that factory in Brazil. accompany us. Of the clients that trust Martifer with their projects, Creation of Martifer Amal, Martifer subsidiary 2013 of the business partners that accompany the company not only in in Mozambique. the successes, but also in adversities and especially of the employees, west sea Award of two reference projects in Saudi Arabia (King Abdullah Sports City and King Abdullah Financial District). which, on a daily basis, play their best game and exceed all Award in the public tender for the sub-concession of Expansion of Martifer Solar to Ukraine, Romania, Mexico expectation to help Martifer overcome every challenge, and that put the lands and infrastructures of the ENVC. and Brazil, in the year it reaches around 264 MW installed their body and soul to each project, from the smallest to the most Beginning of operation of the aluminium unit in Brazil. worldwide. Construction, by Martifer Solar, of the largest PV plant in complex one, anywhere in the world. Latin America, in Mexico.
36 mnews | december 2015 | n.07 mnews | december 2015 | n.07 37