03

SUMMARY 06 INSTITUTIONAL Gonçalo Moura Martins named as CEO Annual Results of 2012 Interview with Ismael Gaspar Mota-Engil Fixed Rate Bonds: A successful operation 06 Gonçalo Moura Martins 08 20 MOTA-ENGIL IN THE WORLD named as CEO Annual Results of 2012 Pinhal Interior: A prestigious project to the national engineering Mota-Engil participates in France high-speed line Tertir: Leader in Port Management and Logistics in Portugal Transitex celebrates 10th anniversary Minister of Foreign Affairs visits Mota-Engil Angola facilities António Mota visits Zambeze roads Tilweni Condominium Mota-Engil acquires a share of Empresa Construtora Brasil Mota-Engil consolidates presence in Mexico João Pedro Parreira named as CEO of 43 Mota-Engil Latin America Mota-Engil acquires a share 12 First Project won in Colombia Interview with Ismael Gaspar of Empresa Construtora Brasil Expansion and modernization of the Warsaw Public Library under the supervision of Mota-Engil Central Europe 60 Technology and Innovation Mota-Engil develops document management system 64 AMONG US Largo do Paço: Third Best Restaurant in Europe 68 PEOPLE 64 74 Tertir Team Building Largo do Paço: Third Best The 3rd edition ofDistribution Manuel free of charge Restaurant in Europe António da Mota award 73 SUSTAINABILITY The 3rd edition of Manuel António da Mota award

MASTHEAD DIRECTOR Gonçalo Moura Martins HEAD OFFICE Rua do Rego Lameiro, 38 DESIGN PRINT RUN 800 Units 4300-454 Porto White_Brand Services EDITOR Pedro Arrais LEGAL DEPOSIT 307551/10 EDITING PRINTER PUBLICATION Mota-Engil, SGPS, SA Mota-Engil, SGPS, SA Ondagrafe, Artes Gráficas, Lda Distribution free of charge

THE FOLLOWING CONTRIBUTED IN THIS EDITION Adelaide Martins · adriano torres · Alexandra Andrez · Alexandra Pericão · Alexandre Bernardo · alicia berio remy · Ana Pires · Ângela Ferreira · aníbal Leite António Capinha · António Graça · António Mota · Carlos Mota Santos · Catarina Teixeira · Célia Morais · Eduardo Pimentel · Eduardo Rêgo · Fernando Lima Hugo Maçãs · Inês Araújo · Ismael Gaspar · João Parreira · Jorge Moia · Katarzyna Dobrzanska · Lóide Almeida · Luís Monteiro · Manuel Teixeira · Mário Barros Mário Lacerda · Marta Carvalho · Miguel Lisboa · nuno felix · Nuno Henriques · Oriol juve · Paulo Ruivo · pedro antelo · Pedro Rocha Gonçalves · pedro vieira neves · Radovan Živcák · Rita Cabral · Rui Guimarães · Rui Rocha · Susana Guerreiro · vaz pato

ApRIL 2013 04

OPENING MESSAGE

PREPARED FOR THE FUTURE

› Chief Executive Officer Gonçalo Moura Martins “Our” Magazine

It is now my duty, for the first time, to write It means taking pride in the company to the editorial for our magazine “Sinergia". which we belong.

I do it, proud of what our magazine It means feeling we are part of this It is only right that I should represents today. It is an important and community that is Mota-Engil. testify to the fact that the irreplaceable instrument of cohesion Group has made great for the Group and a mean of internal It means feeling we are represented and external communication, a sort of whenever one part of the Group is talked progress in terms of internal showcase displaying what the Group about, because it transmits the feeling of communication. does, our activities, our successes and our belonging to the whole. colleagues. This has involved material And when I make this just defence of It is only right that I should testify to the the work carried out by this area of the investment, of course, but fact that the Group has made great progress company, I must call to mind, once again, it has been mainly through in terms of internal communication. Mr. Jorge Coelho, the great mover behind the involvement of all this change and behind the dissemination the structures that like to This has involved material investment, of of this “house” of ours and its multifaceted course, but it has been mainly through the realities that are so heterogeneous. participate in publicising involvement of all the structures that like to their companies, their participate in publicising their companies, I am committed to seeing that we business deals, their projects. their business deals, their projects. And continue to actively and heavily bet on this is very important for the collective this facet of our corporate policy, which self-esteem of the Group. is fundamental to the understanding and cohesion of the Mota-Engil Group.

SINERGIA 42 05

PREPARED FOR THE FUTURE

2012 Annual Results

This edition of “Sinergia” includes coverage However, despite a series of measures and The most effective way of the presentation of the results of the strategies that we have been successfully to safeguard the Group, Group for 2012. applying, in order to reinforce the balance guarantee the remuneration and the fundamentals of the Group, truly A set of solid results, of which we can all over time, there is only one thing that of its shareholders and give be proud and which demonstrate that our matters and is important for the future employees opportunities strategy and its execution are on target, and for the sustainability of the Group: for the future is to achieve despite the adverse conditions we face. profitability. this indispensable element: There are, however, two points of my We will always be more solid and stronger, profitability in all our communication that I would like to touch as long as we are profitable. businesses and geographic on and reinforce. areas. Hence, making profitability the The first is the profound change that the fundamental objective of the Group ought Group has been making in its geographic to be our dogma and the expression of our dispersion and organisation, which strategy and our management. inexorably determines that we are now a multinational Group. The most effective way to safeguard the Group, guarantee the remuneration of In other words, we are no longer a Group its shareholders and give employees with a strong domestic market and a opportunities for the future is to achieve significant international presence; we have this indispensable element: profitability in become a Group with a presence in various all our businesses and geographic areas. domestic markets, with a similar relative importance. And the more uncertain our times become, the truer this will be. This reality requires management with a different approach and of another This is the only way we can be better dimension. We have been able to make prepared for the future. these changes as we go, but there is a need for further development, for which we must be prepared as an organisation.

The second point is that the Group is more solid and more profitable.

ApRIL 2013 06

INSTITUTIONAL

In the internal communiqué of the appointment, Gonçalo Moura Martins highlighted the “great personal and professional qualities of his predecessor”, adding that it had been "a great privilege to work on the Executive Committee under MOTA-ENGIL the leadership of Jorge Coelho”. Acknowledging that ahead of him awaits a great challenge with an enormous NAMES NEW Chief demand “due to the size of the Group, its ambitions as lined out in the "Ambition 2.0" strategic plan, and the crisis that is Executive Officer being felt in a large part of the economies where we operate,” the new CEO continues to manifest confidence in the performance of his office “due to the fact that the Group has a controlling shareholder with a long- With the appointment of Gonçalo Moura term strategic vision, which gives the Group great stability and persons of great Martins as CEO, José Pedro Freitas was worth who are the support that enables Mota-Engil to maintain its course in growth, chosen to be the Group's CFO internationalisation, diversification and creation of value”.

He promises to continue pursuing the Gonçalo Moura Martins has been named strategic guidelines and goals defined in Chairman of the Executive Committee of “Ambition 2.0”, admitting the possibility the Mota-Engil Group (CEO), the position of studying new markets to strengthen the formerly held by Jorge Coelho. internationalisation of Mota-Engil. “Despite the changes that have taken place, the With this change, Executive Committee strategy of the company remains unchanged member José Pedro Freitas was given the in its path to success: the "Ambition 2.0" position of Financial Director (CFO), duties plan will continue to be our strategic script previously performed by the new CEO. and the reference for the path we must continue to follow, a path that maintains the Gonçalo Moura Martins has been with the indispensable support of the shareholders.” Group for 23 years and is Vice-Chairman Gonçalo Moura Martins has of the Board of Directors. During the The Chairman of the Board of been with the Group for 23 course of his career, he has held positions Directors expresses his vote years and is Vice-Chairman of executive leadership and senior of confidence of the Board of Directors. management in all the business segments With the change that has taken place in the of the Mota-Engil Group. executive leadership of the Group, António During the course of his Mota, Chairman of the Board of Directors career, he has held positions Jorge Coelho’s successor in the executive and major shareholder of Mota-Engil, gave of executive leadership and leadership of Mota-Engil was part of the his vote of confidence in the new CEO, senior management in all Executive Committee from its beginning “whose qualities of leadership and capacity and participated in the preparation of the for work and decision-making we have all the business segments of the “Ambition 2.0” Strategic Plan presented at become used to admiring. He is the right Mota-Engil Group. the end of August. man to continue developing the Mota-Engil

SINERGIA 42 07

Jorge Coelho assumes the presidency of the Strategic Advisory Board

Mota-Engil, through its Board of Directors, decided to constitute the Strategic Consultative Board, a body that answers to the Board of Directors and that will seek to aid and counsel the organisation and its leaders in matters of strategic relevance

Due to the course taken over the last decade by the Group, which significantly transformed it in terms of its size, business structure and international presence, this was the way the Board of Directors found that would promote internal forums for macroeconomic reflection to enable the assessment and capacitate the organisation for varying scenarios in a logic of constant development.

Gonçalo Moura Martins In accordance with the communiqué published on the CMVM (Securities Exchange Commission), the Group informed that Jorge Coelho “accepted the position of leader and promoter Group and to continue introducing the Group, as Chairman of the Strategic of the recently created Strategic changes demanded of us by the world in Consultative Board, the body that will be Consultative Board of Mota-Engil, which we live today”. responsible for supporting and counselling which, in conjunction with other the executive bodies of the Group at the figures of national and international renown and members of the Senior António Mota reinforced his message of strategic level. Management of the Group, will confidence even further by emphasising that contribute to the strategic reflection the Group is prepared for the challenges it New Financial Director on the areas of internationalisation faces "because it has excellent members of The new composition of the Executive and diversification of the group, the management". Committee includes the naming of José central pillars of its development, Pedro Freitas as CFO and member of the issuing recommendations and opinions to the executive bodies”. Referring to Jorge Coelho, António Mota Board of Directors. stated: “Over these five years he gave this In this way, Jorge Coelho will company his best and clearly marked the For the past few years, José Pedro Freitas maintain a connection with the way forward for the Group. He promoted worked in MGP, a holding of the Mota family Group in which he was Chairman of the internationalisation of Mota-Engil as a that holds a share in Mota-Engil SGPS, the Executive Committee for the last five years. Group and not only its area of construction, among various other distinct business idealising and implementing "Ambition areas, and he is therefore knowledgeable Besides Jorge Coelho, other members 2013", which allowed us to achieve our goals about the reality of the Group. When the of the Strategic Consultative Board and, and leading this entire process during announcement of this choice for CFO, are António Mota, Gonçalo Moura one of the worst crises ever in Portugal”. was made the Chairman of the Board Martins, António Lobo Xavier, Valente de Oliveira and Maria Paula Mota, as of Directors, António Mota, wished José members of the Board of Directors of Thanking Jorge Coelho for the work he Pedro Freitas “all the best in this office, and the Group, plus Francisco Murteira accomplished, António Mota announced with the support of everyone, he will be Nabo and Francisco Seixas da Costa. that he will remain connected with the successful”.

ApRIL 2013

10

INSTITUTIONAL

João Vermelho, Luís Silva, José Pedro Freitas, Gonçalo Moura Martins and Pedro Antelo at the Annual Results presentation

As a whole in terms of largest decrease in the construction activity, the Mota-Engil sector. In spite of that fact, Mota-Engil Group registered a net result still grew by 12%, registering “one of the best performances in the market, even of 40.7 million euros in 2012, with numbers indicative of the market” an amount that represents a in an environment that is extremely growth of 22% . competitive and where some of the larger companies became insolvent.

Regarding the Portuguese market, the CEO highlighted the resilience and improvement in profitability of the 2012, focusing the bulk of its investment sector, a fact not unrelated to the growth (72%) in international markets, in line of the Environment and Services area, with the growth in activity in each region. specifically through the logistics that increased its turnover by 17%, and the However, and despite the growth in improvement in operating efficiency in investment, 2012 featured a significant the area of Engineering and Construction. reduction of the total net debt by approximately 154 million euros, to As a whole in terms of activity, the the level of 850 million euros, therefore Mota-Engil Group registered a net allowing the reduction of the net debt result of 40.7 million euros in 2012, an / EBITDA ratio. When combined with amount that represents a growth of 22% the rescaling of more than 230 million compared with the 33.4 million euros euros for the long term, this allows for registered in 2011, thus guaranteeing the an improvement in the balance and the goals of creating value and sustainability reinforcement of the Group’s economic in the organisation. and financial sustainability.

FINANCIAL PERFORMANCE “There was a significant improvement in In order to support the growth in the financial indicators, and in that sense activity, the Group increased the level of being able to be more profitable and investment (CAPEX) by 70%, going from more solid in a very turbulent context is 85 million in 2011 to 145 million euros in very significant.”

SINERGIA 42 11

PRINCIPAl achievements

net results attributable to the Group grow 22% to 40.7% million euros

turnover grows approximately 7% exceeding

A view of the room during the Results presentation 2,243 million euros

EBITDA of OUTLOOKS Translated into numbers, according to the Within the framework of the "Ambition CEO, Mota-Engil “is responding in Sub- 287.5 million euros (+3.6%) 2.0" Strategic Plan, the Mota-Engil Group Saharan Africa to projects in a pipeline and EBIT of projects the maintenance of growth of 5 billion dollars” (3.9 billion euros), and levels in consolidated turnover for 2013, he believes that “soon these tenders could 171.1 million highlighting the expectation of levels result in new projects in new countries, euros (+8.2%) of growth in turnover in Africa and the showing a potential for growth and a improvement in margins in the American huge future in these markets”. These international continent. The Group expects to guarantee projects are concentrated primarily in the activity an order book of over 3.5 billion euros, area of infrastructure construction with represents based on its international activity. multilateral financing.

When asked about short-term 66% expectations, Gonçalo Moura Martins of tOTAl announced that the Group anticipates a significant increase in the pipeline of projects through new opportunities in Latin America and Africa, with the 77% potential start-up in this latter region of mOTA-engil order of new markets in countries such as book results from Zambia, Ghana, Uganda, Tanzania and international markets Kenya.

ApRIL 2013 12

INSTITUTIONAL

INTERVIEW WITH ISMAEL GASPAR

MEMBER OF THE EXECUTIVE COMMITTEE

“We have teams and people who give us the confidence and optimism to foresee remarkable development for the Group over the next few years”

On the verge of celebrating In this interview, Ismael Gasper tells us the Group’s history: the chimney of the 35 years of service to about his vision regarding the economic Sines Thermoelectric Plant, for example, Mota-Engil, Ismael Gaspar context and makes a knowledgeable or the Belém Cultural Centre, where he analysis of the construction business, a was Project Manager, among the many was involved in many sector that he has worked in ever since other projects that he accompanied in the projects that are part of he took his degree in Civil Engineering at technical and production departments. the Group’s history. ISEL (Instituto Superior de Engenharia de He has been a board member since 1992, Lisboa). taking on the added responsibility for the business area of Engineering and Regarding Mota-Engil, he considers the Construction in March of 2008. course taken by the Group as “remarkable”, stating that the performance presented We wanted to hear about the present and each year demonstrates “the success of the the future of the organisation from Ismael strategy that has been adopted”. Gaspar, who knows it so well, and we asked him for an interview to get his point of Mota-Engil: view regarding Mota-Engil’s development. A Strong Connection On the verge of celebrating 35 years of We started with Portugal and the hard service to Mota-Engil, Ismael Gaspar was reality that the construction sector is involved in many projects that are part of currently facing.

SINERGIA 42 13

"Internationalising because of a crisis is not the best strategy. Internationalisation is a factor of development and growth as long as it is properly planned and structured in terms of medium and long-term goals".

Ismael Gaspar

of functioning as a positive factor, it can become an added stress factor on the organisations themselves”.

When asked for an assessment of the Group’s diversification, he starts off by saying that Mota-Engil “was the first construction Group to develop an environmental and services area, which has been an area of success and an asset to the Group itself.” He adds, “I see the development in this area as positive and there is the possibility that, through it, the Group can strengthen its international The Construction obvious fact”, he states, concluding that he presence”. Sector in Portugal is not certain “that a merger made because Ismael Gaspar says that the crisis in the of difficulties can be successful”. He warns, however: “The loss of business sector is “certainly worse than the recession activity in Portugal will demand a transfer the country is dealing with,” pointing out in Internationalisation of existing know-how, and conditions a practical way that “the fundamental issue and diversification should be created so that those skills, is to understand what the country wants in For Ismael Gaspar, “internationalising which are based in Portugal, can be used terms of development in the coming years. because of a crisis is not the best and made more effective in this trajectory In light of the country’s strategy, then a strategy. Internationalisation is a factor of of internationalisation”. specific agenda for the various sectors – development and growth as long as it is including construction – can be defined. properly planned and structured in terms The New Management Model That planning is essential because of medium and long-term goals". Regarding the new management model, only then can the sector reorganise itself”. he mentions that “it presents challenges "Internationalising at a time when the because we are no longer a Group with He believes that “companies will country is in a deep recession, when a focus on Portugal but one with a disappear”, small and large alike, with no the markets of choice for Portuguese diversification using a regional rationale". distinctions being made. “When we look companies are Angola and Mozambique at developments in the sector, in the last – countries where it is necessary to "In this management model, the attitude decade the disappearance of organisations have a solid organisational and financial that we all must adopt is that our role that were considered large companies is an structure to be able to operate" –, instead is not confined to a certain region; in

ApRIL 2013 14

INSTITUTIONAL

“Our vision for Angola is aligned with that of Mota-Engil Angola and all its shareholders. The partnership that was established is a result of a great bet that has proved to be the right one. Mota-Engil Angola seeks to be a leader in the market, to reinforce the diversification of its business and to contribute to the development and training of Angolan workers and staff members".

Ismael Gaspar

other words, we are global employees, For the future development of Mota-Engil Ang ola: available to be anywhere, but most of all, in the region, he says, “the challenge that A successful partnership where the Group needs us”. has been included in 'Ambition 2.0' involves Regarding Angola, the Chairman of the consolidation of the current level of the Group for Africa says: “Our vision Aafric Challenges Us turnover, which requires diversification for Angola is aligned with that of Speaking of Africa, the Chairman of the beyond traditional markets, maintaining the Mota-Engil Angola and all its region starts by saying that “Africa is a levels of profitability”. shareholders. The partnership that challenge. We have worked in 15 countries was established is a result of a great on the continent, and we have people with For Ismael Gaspar, “Africa is a continent bet that has proved to be the right one. great experience in the market. We always of great opportunity, and it has a plan Mota-Engil Angola seeks to be a leader in meet our obligations, following through and development vision that is extremely the market, to reinforce the diversification on projects until the end, even those that interesting.” On the other hand he believes of its business and to contribute to the were more difficult”. taht “Europe, compared to China, has not development and training of Angolan known how to deal with Africa and that has workers and staff members. Those are Currently, he highlights on this been a burden on European companies in the three guiding factors that we have for continent the construction of the Nacala the development of their activities on this Angola,” he concludes that “the country corridor “because it combined the continent”. has a plan of development until 2017 various assets that contributed to our and we shall see how Mota-Engil Angola commercial success: our knowledge In the case of Mota-Engil, he believes that positions itself in the next years, but the and the experience in Africa and how “the fact that it began its business journey expectations are strong”. important logistics are in Africa. But also, in Angola and never left the country, even particularly, it called upon the portfolio of in the most difficult times the country went Highlighting a few of the more important technical skills that we have, which were through, gave it a knowledge of the reality projects in Angola, he considers Luanda very closely checked into by the client, and a link that is also transmitted to us by Bay “the most significant project in terms Vale, for this very large project – around our shareholders, who have a particular of exposure that we have completed in 700 million dollars – that put us in a very fondness for Africa, and this has certainly recent years in Angola, along with the prominent position in Africa". been a differentiating factor in our presence”. Catumbela bridge. More recently, we

SINERGIA 42 15

“[Young people on the staff must] be ambitious and optimistic. Every day you must improve yourselves as professionals and as persons, maintaining a culture that is demanding, as it is very important and positive that the organisation itself be challenged by you”.

Ismael Gaspar

Expansion in In his vision of the Group’s development, Sub-Saharan Africa two very strong premises are established: Concerning the process of expanding to new “First, there is a significant group of key markets, without going into details he says: shareholders who like this Group very “we have been researching a few projects much. Today, shareholder stability is in Zambia, Uganda, Ghana, Tanzania and very important for the management Kenya, the greatest expectations being in teams and there has been an intelligent Zambia and Uganda”. transition between generations, maintaining the dedication ingrained in “Mota-Engil is recognized and trusted in the DNA of the key shareholders. Africa, and for this reason we have been competing in new markets to understand The second is the management teams. concluded the first railway job in Angola, the level of our company’s competition,” he If we look at the Group’s portfolio, we which I consider a spearhead in Africa says, adding: “we want to take advantage find teams and people who give us the since the railway area is dominated by of our relationship with the banking sector confidence and optimism to forecast Chinese companies”. and public or private external entities. We significant development in the Group are betting on this and some of the projects over the next few years”. Mozambique and Malawi: that could be completed in the mid-term are The completion of closely connected to this relationship”. Finally, in this analysis, he leaves significant projects a message for the young people on Regarding Mozambique, Ismael Gaspar The financing secured from the Standard the staff of the Group: “Above all, believes “that the country will Bank for the Nacala corridor project was, be ambitious and optimistic. Every exponentially increase its development”, according to Ismael Gaspar, “an exercise day you must improve yourselves mentioning that the completion by that greatly gauged the efficiency of our own as professionals and as persons, Mota-Engil of “significant projects like the organisation. In the model that was created maintaining a culture that is Emílio Guebuza bridge, the Tete bridge, there is a very complete monitoring of our demanding, as it is very important and which is in progress, and the Olympic own performance, and our expectation is positive that the organisation itself be Village for the PanAfrican Games makes that, with the success of this project, our challenged by you”. us stronger and better prepared to be able relationship with the international banking to accompany the country’s development”. system in Africa will be even further In a message of great hope, Ismael strengthened”. Gaspar ends on a note of confidence In Malawi, “we were always in a prominent in the youth that make up Mota-Engil position, exponential due to the size of the Af Vision o the future of Mota- because “the Group is turning 67 and Nacala corridor project, a unique project Engil needs to continue to regenerate itself. employing 2,000 people, nearly 1,800 of Lastly, we asked Ismael Gaspar for a The young people are important so whom are nationals. Mota-Engil has been prospective scenario of Mota-Engil’s that when we look at ten-year goals, we an entrepreneurial force with a strong development. Responding to this challenge, have capable people, and if possible, presence since the decade 2000-2010, he said, “The Group will develop in a more the best, who will be essential for the which has been continually reinforced”. dynamic way. I am optimistic about that”. Group’s success”.

ApRIL 2013 16

INSTITUTIONAL

Mota-Engil successfully concluded the issuance of 175 million euros of retail corporate bonds

Initially, the Mota-Engil Group sought Operation had the biggest demand yet in to place 75 million euros (150,000 bonds) but, in light of the strong interest Portugal for similar operations surrounding the operation, decided to increase the amount to 175 million euros, the equivalent of 350,000 bonds. At the end of the operation, the ratio The results of the The Mota-Engil Group’s offer of bonds to between the demand and the offer “Mota-Engil 2013/2016 Fixed retail investors was completed with great ended up being 328.73%, the highest Rate Bonds” presented success, in an amount that totalled 175 in a public subscription offer of a million euros. company in Portugal since December at the offices of the 2011. Portuguese stock exchange, The results of the “Mota-Engil 2013/2016 revealed that the offer was Fixed Rate Bonds” presented at the offices The Chairman of NYSE Euronext, immediately exceeded on of the Portuguese stock exchange, NYSE Luís Laginha de Sousa, made a point Euronext Lisbon, revealed that the offer of highlighting the vast curriculum the first day, with the was immediately exceeded on the first day, of Mota-Engil in stock operations, demand reaching almost with the demand reaching almost 1 million congratulating Mota-Engil for the 1 million bonds. bonds. results reached in what was the Group’s first issuance to the retail market. For this operation, which lasted 13 days, Mota-Engil presented a financially attractive At the operation’s closing bell product, with a 3-year maturity and ceremony, the Chairman of the Board semi-annual interest payments, offering an of Directors, António Mota, described annual gross nominal rate of 6.85% per year. it as “a success, which is due to the

SINERGIA 42 17

António Mota and the Mota-Engil team responsible for the operation, with the NYSE Euronext President, the partner banks representatives and the juridical adviser

Mota-Engil presented a financially attractive product, with a 3-year maturity and semi-annual interest payments, offering an annual gross nominal rate of 6.85% per year.

quality of not only the management and shareholders, but essentially “A success, which is due to the quality of not the employees”, also thanking the only the management and shareholders, but essentially operation’s global coordinator, the employees”. BESI, as well as all the banks who participated in the placement (BES, “I am proud of the success of this bond issue. BPI, Millennium BCP, Banco Popular, Banif, BIC and Finantia) and Vieira de There is a market for companies and we hope that Almeida as legal advisor. “I am proud the market allows for more and better operations of the success of this bond issue. There in the future”. is a market for companies and we hope António Mota that the market allows for more and Chairman of the Board of Directors better operations in the future”.

ApRIL 2013 18

INSTITUTIONAL

António Mota at the “closing bell” occasion

When asked about the possibility of a hand a reason for great joy and also new issuance of bonds, he stated that tranquillity over the perception of the “we are not under any pressure in market in relation to Mota-Engil, whilst terms of financing, but Mota-Engil is it could also mean an opening of doors NYSE President, Luís Laginha always studying alternative sources of for other opportunities in that which is de Sousa and the Chairman financing”, adding further that “it was our financing strategy for the future”. of the Board of Directors proved that when companies have a of Mota-Engil António Mota well delineated and solid strategy, they are successful in this type of operations, and Mota-Engil is an example of a “It was proved that when company that has charted its strategy companies have a well for quite some time”. delineated and solid strategy, The company CFO, José Pedro Freitas, they are successful in this explained the motives that led to type of operations, and the creation of the operation: “The Mota-Engil is an example of a intention was to diversify our sources of financing, creating conditions company that has charted its from the perspective of our financial strategy for quite some time.” structure to have the capacity to

António Mota match our strategic plan and our Chairman of the Board of Directors international expansion and create forms of alternative financing, which in turn also give us some additional tools”, he said. He added that all the objectives were not only met but were far surpassed, “representing on the one

SINERGIA 42 19

“The intention was to diversify our sources of financing, Numbers of creating conditions from the perspective a successful operation of our financial structure to have the The public offer of bond subscription registered the placement of 175 million euros and the largest level of demand (328.73%) in Portugal for capacity to match our similar operations, the equivalent of 575 million euros. strategic plan and our international expansion On the very first day, subscriptions for more than 460 million euros were and create forms of completed, the equivalent of 263% of the total offer, surpassing by far the alternative financing, second highest amount for this type of operation in Portugal, 76%. which in turn also give Furthermore, the placement of bonds involved 16,251 different investors, us some additional 98% of whom are residents in Portugal, constituting in and of itself a record tools”. for this operation that is evidenced in a demonstration of the confidence of the market and private investors in Mota-Engil and its development José Pedro Freitas strategy. CFO Mota-Engil

José Pedro Freitas, CFO of Mota-Engil Group

ApRIL 2013 20

MOTA-ENGIL IN THE WORLD

PORTUGAL

FOZ TUA DAM

Mota-Engil is an integral part of the general construction contract work, worth around 162 million euros

This contract involves The first concrete was poured at the end detour, cofferdams, dam, underground surface and underground of January for the underground power power station, two hydraulic circuits, excavations, temporary station at the Foz Tua Dam, at a depth of dredging, injection and strengthening of 70 metres and in the rocky massif of the the foundation and instrumentation, with detour, cofferdams, dam, Tua River shoreline. the planned installation of two reversible underground power groups with a total power of 259 MW at station, two hydraulic Mota-Engil Engenharia e Construção, the electric power station. circuits, dredging, injection SA is the lead member of the Foz Tua Dam ACE (Complementary Grouping For this contract work, a significant and strengthening of of Companies), which was awarded the investment in equipment – around the foundation and general construction contract work for 12 million euros – was also made, instrumentation. the Foz Tua Hydroelectric Power Station specifically in two concrete production by Energias de Portugal, for around 162 stations, construction aggregate, cement million euros. and ash silos, two 26 ton-capacity blondins, an ice production station for The contract work is expected to last 54 mass concrete, a dam block refrigeration months, involving from the start several station. A social and industrial building business areas of Mota-Engil Engineering, yard has also been set up and is fully such as aggregates, special foundations, operational. port work, rentals and transports, as well as Manvia. Main elements of the contract work This contract involves surface and › Concrete, double-curved arch dam, underground excavations, temporary measuring 108 metres at its highest point

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The contract work is expected to last 54 months, involving from the start several business areas of Mota-Engil Engineering, as well as Manvia.

and 275 metres along the crest, located › Construction of the access to the dam approximately 1,100 metres from the crest from the right bank, to the water Det scrip ion mouth of the Tua River, with a spillway/ intake, the river dock and the restitution overflow channel incorporated in the nozzles of the Primary body of the dam, equipped with flood- Work Quantities gates, a bottom discharge valve and an › River Tua tailrace to its confluence with ecological system of current release the Douro Excavation 952,143 m3 › Underground power station with two Moulded Concrete 495,144 m3 wells, one for each of the two reversible groups, located on the right bank, Armatures 12,467,112 Kg approximately 500 metres downstream Fibre-reinforced Shotcrete 7,275.5 m3 from the dam, with a discharge structure and buried command located Unreinforced Shotcrete 3,691 Kg upstream from the right junction of the Passive Anchors 300,955 Kg Edgar Cardoso motorway bridge that Permanent Anchors 24,665 Kg connects the municipalities of Alijó and Carrazeda de Ansiães Swellex Soil Nails 5,085 Kg Forepoling 42,130 Kg › Underground hydraulic circuit, on the Metal Channels 96,845 Kg right bank, with an approximate total length of 700 metres, consisting of two Electricity 38,293,062 kWh independent, lined tunnels with interior Diesel 6,212,070 Lt. diameters of 7.5 metres and 5.5 metres

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PORTUGAL

PAINH L INTERIOR: LOT 3

A project that gives prestige to Portuguese engineering

This subconcession The Pinhal Interior subconcession was wor k in pROgress represents an improvement awarded to Ascendi in 2010 and is one of Work is currently being done on one of in the quality of life of the most important highway projects of the stretches of new construction, Lot 3 – the past few years in Portugal. IC3 – Condeixa / Coimbra (IC3/IP2), over a more than 415 thousand distance of approximately 7 kilometres, 4 people by reducing the This subconcession represents an kilometres of which are road works and 3 transit time between improvement in the quality of life of more kilometres of engineering works, besides municipality seats by than 415 thousand people by reducing the South Coimbra interchange, where two the transit time between municipality connecting roads join in – the 1.1 connector, more than 40%. seats by more than 40%, whilst improving 2 kilometres long and connecting with the accessibility to the municipalities of the Portela area and the 1.2 connector, 700 Central Interior region and North/South metres long, that ends at the beginning of travels. the future EN17 highway branch road of Miranda do Corvo. Built by a consortium led by Mota-Engil Engineering, the contract work included “This is a lot that differs from the others, the design, project, construction, essentially because in a relatively short financing, operation and upkeep of the trajectory, there are 3 kilometres of highway infrastructure for a period of 30 engineering structures in a total of 10 years, with the primary axes being A13/ engineering works. Furthermore, we are IC3 between Tomar and Coimbra and the using almost all our special equipment IC8, connecting Pombal (A17/A1) to Vila on this job, from launching beams to Velha de Ródão (A23). form travellers”, points out the general foreman, Manuel António Teixeira,

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revealing that the works in Lot 3 include innovation in the choice of various a project that is difficult to execute but at construction methodologies, in that the Lot 3 significant the same time very enticing: the bridge span of the bridge was quite large to begin over the Ceira river. with, also emphasising the important quantities fact that safety is enhanced by the more Bridge over the Ceira River: appropriate, faster, more economical and One of the largest in the much more efficient solutions. Excavation 1,495,168 m3 world Backfill 1,415,285 m3 This job consists of a bridge measuring 930 In turn, Pedro Pinhal, the engineer 3 metres, with a main span of 250 metres at responsible for the construction of this Refuse dump 79,883 m a height of 140 metres from the bottom of bridge highlights the peculiarity of the Water crossings 1,502 m the riverbed, consisting of a single deck fact that the work is being done with Ditches and drains 33,238 m with a 26.40-metre wide roadway. equipment owned by the company, using form travellers, and “naturally the great Soil cement 106,513 m2 According to recent data, the bridge over difficulty of executing the central span”. Bases and sub-bases 184,038 m2 the Ceira river is the 6th largest bridge Asphalt mixes 409,239 m2 in the world using this type of building “This represents a great professional Concrete in Eng. 3 system, together with the São João bridge challenge to me, because it is an and Const. Works 134,144 m in Porto, and as such, “it is truly an enormous project with tight deadlines Metres of pillars 2,970 m engineering work of art”. and to meet them we will need many means and the essential support of all the Maximum span (Ceiro bridge) 250 m Manuel Teixeira adds that “it is a work sectors of the company, from the technical Maximum height (Ceiro bridge) 140 m completely different from the usual, office to the equipment, the concrete, Area of decks 78,131 m2 setting itself apart by its size and the the quality, safety, special foundations,

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MOTA-ENGIL IN THE WORLD

Manuel Teixeira

"It is a project with pre-stress, etc.” Because of this, he adds, MOST SIGNIFICANT DETAILS a tremendous framework and “it is additionally motivating to be able to FROM OTHER SPECIAL participate in a project of this kind, unique ENGINEERING WORKS: a vast amount of steel that in the country and rare in the world”. has transversal, longitudinal › Viaduct 1 and equilibrium pre-stress" "It is a project with a tremendous Vale do Inferno: and therefore “it is a work framework and a vast amount of steel The viaduct consists of two independent that has transversal, longitudinal and decks, each with a carriageway, with that is very complex and equilibrium pre-stress" and therefore “it is a width of 26.60 metres. It has a total technical in nature”. a work that is very complex and technical length of 390 metres and a maximum

Manuel Teixeira in nature”, adds Manuel Teixeira, stressing height of 65 metres above the ground. that "this means that Mota-Engil will go The project solution consists of a down in history as one of the builders that pre-stressed reinforced concrete structure, completed one of the largest engineering with running spans of 52 metres, a deck structures in the world. It is a great source slab with incorporated π-form beams, of pride for workers to participate on a poured in place and built frame by project of this scope, a very difficult one frame using the girder of the CREL (Outer and where, unlike other bridges and due Regional Lisbon Loop) lower girder. to tight deadlines, everything must be done on site”. › Viaduct 2 Ribeira dos Braçais: The conclusion of the work is set for The viaduct consists of two independent March, 2014. decks, each with a carriageway, with

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pre-stressed reinforced concrete, with structure, with running spans of an approximate length of 31 metres 40 metres, a π-form deck slab with in the end frames and 37 metres in the incorporated beams, poured in place and intermediate frames. built frame by frame using the girder of Morreira (upper girder). › Viaduct 4 Bridge over the Corvo river: › Viaduct 6A This is a significant piece of engineering Mondego Metro: work, with some conditioning factors, The viaduct consists of a single deck with specifically being located “in a very a two-lane carriageway, with running enclosed valley, and being about 390 spans of 38 metres. It has a total length metres long and 120 metres high. of 114 metres and a maximum height of Besides crossing the Corvo river, it also 15 metres above the ground, crossing the crosses the Mondego metro line and is Mondego metro line. being built with lower launching beams”, explained Manuel António Teixeira. The project solution consists of a deck, made up of four pre-fabricated beams in The viaduct consists of two independent pre-stressed reinforced concrete, with an a width of 26.60 metres. It has a total decks, each with a carriageway, with approximate length of 37 metres. length of 395 metres and a maximum a width of 26.60 metres. It has a total height of 65 metres above the ground. length of 378 metres and a maximum › Viaduct 7A height of 87 metres above the ground. Cabouco bridge: The project solution consists of a The viaduct consists of a single deck, pre-stressed reinforced concrete The project solution consists of a with a two-lane carriageway, with a structure, with running spans of pre-stressed reinforced concrete structure, total width of 11.30 metres and running 37 metres, a π-form deck slab with with running spans of 52 metres, a π-form spans of 38 metres. It has a total length incorporated beams, poured in place and deck slab with incorporated beams, of 273 metres and a maximum height of built frame by frame using the girder of poured in place and built frame by 15 metres above the ground, crossing the São Brás (lower girder). frame using the girder of the CREL (Outer Ceira river. Regional Lisbon Loop) lower girder. › Viaduct 3 The project solution consists of a deck, Lapas da Abelheira: › Viaduct 5 made up of four pre-fabricated beams in The viaduct consists of two independent Sobral: pre-stressed reinforced concrete, with an decks, each with a carriageway, with a The viaduct consists of two independent approximate length of 37 metres. total width of 26.60 metres and running decks, each with a carriageway, with spans of 38 metres. It has a total length a width of 26.60 metres. It has a total of 216 metres and a maximum height of length of 249 metres and a maximum 25 metres above the ground. height of 55 metres above the ground.

The project solution consists of two decks, The project solution consists of a made up of four pre-fabricated beams in pre-stressed reinforced concrete

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MOTA-ENGIL IN THE WORLD

PORTUGAL Mota-Engil signed a subcontract with acknowledged technical value in terms of Eiffage-TP, one of the world’s leading construction worldwide”. Mota-Engil construction companies, for the supply and assembly of 195 box culvert water In turn, Mário Barros, director of participates crossings, with a total extension of 5,490 Operational and Technical Units at metres in the amount of 6.7 million euros Mota-Engil Engenharia, observed that in High Speed and an estimated project time of 18 “our company’s credibility in the eyes months, in the high speed railway line of Eiffage, acquired in the Norinter Rail project in Brittany/Pays de la Loire, currently under concession, together with the partnership construction in France, between the cities with the Porto School of Engineering France of Rennes and Le Mans. within the scope of the SIPAV project, has given us a decisive advantage compared This is the Mota-Engil Group’s first to the other options that the client could The contract concluded project in the area of prefabrications have taken”. with Eiffage opens new destined specifically for high speed perspectives for future rail and is, according to Mário Lacerda, All the pieces will be manufactured at director of Mota-Engil Prefabrications, an the Nelas prefabrication unit, with the opportunities in this opportunity “that was to be seized with transportation being made by land and specialized segment both hands from the very first moment, as sea. The assembly of the first works has it came at a time of severe retraction of the already been started by specialised teams construction market in Portugal”. of Mota-Engil Prefabrications, with the customer being completely satisfied. Mário Lacerda underlined the project’s high demands, “from the calculation Regarding future projects or partnerships, methods and building phases to the Mário Lacerda explains that Mota-Engil minutest detail in the completion Prefabrications is already certified as an of assembly”, mentioning also the official supplier for Effage, opening in this importance it has for this business way the possibility for consultations and area to participate in an enterprise “of possible contract awards in the future.

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PORTUGAL

SIPAV Innovative Prefabricated Solutions for High-Speed Rail

Partnership between Mota-Engil and FEUP (School of Engineering - University of Porto)

Mota-Engil, in partnership with the achieving of significant and interesting results, Arnaldo Figueiredo, highlighted the School of Engineering of the University of not only for the scientific community, but also importance of this partnership between Porto (FEUP), carried out the Innovative for others involved in the construction sector. FEUP and Mota-Engil and the benefits in Prefabricated Solutions for High-Speed Rail terms of innovation, emphasising the fact (SIPAV) project, begun in January 2009, For Manuel Costa, director of the SIPAV that the SIPAV project represents an asset which involved various professors of the Project, the assessment is positive, by allowing the company to prepare for Department of Civil Engineering at FEUP, underscoring that, “This was a long and something that will sooner or later happen in addition to some recent graduates and very interesting partnership with FEUP, in Portugal: “The project has two important several Mota-Engil employees. which allowed for the accomplishment of a components. If on the one hand it can be lot of work, many tests, many coordination used to advantage by builders and designers SIPAV was oriented towards innovation meetings between FEUP and Mota-Engil, on a foreign level, seeing that high speed rail and research in various areas of interest in and it allowed us to reach conclusions and is being planned all around the world, on the prefabrication, primarily the search for new develop solid solutions with a practical other hand I believe that it will be applicable products and the adapting of the existing application”. in Portugal, where soon high speed rail will ones to the future high speed rail lines. certainly be discussed once again”. In fact, the project was not just scientific The projects focused on four distinct facets: since, despite the postponement of the high integrated Solutions for prefabricated bridges, speed rail project in Portugal, the SIPAV prefabricated underground pedestrian allowed the Mota-Engil Group to explore walkways, prefabricated acoustic barrier a new opportunity in this segment in solutions and prefabricated concrete slab France (see article in this edition), through a solutions for railways. contract in which, according to the project’s coordinator Paulo Lopes, the knowledge The initial objective of the project was to gained in the area of high speed rail prepare the company for the undertakings of “made us feel comfortable in advancing to high-speed rail lines in Portugal, which have technical discussions with those responsible been suspended in the meantime. for that work”.

However, the joint involvement of all the During the closing ceremony of the Manuel Costa, entities, the means made available and programme, which took place at FEUP, the SIPAV project director the quality of those involved permitted the Vice-Chairman of the Board of Directors,

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MOTA-ENGIL IN THE WORLD

PORTUGAL

TEER IR: L ADER IN PORT MANAGEMENT AND LOGISTICS IN PORTUGAL

With a solid leadership in Portugal, Tertir currently guarantees an integrated offer in logistical solutions

Tertir currently consists of a significant With operations in the Lisbon, Setúbal, set of associated companies that operate Figueira da Foz, Aveiro and Leixões ports, in various countries in the port operation and its integration in the Mota-Engil Group sector and the logistical sector in four being completed in 2007, Tertir began to basic areas: implement a new strategy and business vision, with the objective of growth › Port terminals through the garnering of new operations › Intermodal transports under concession in Portugal and abroad, › Freight forwarders and services as well as in the diversification of the › Logístical platforms services offered to customers.

Founded in 1981 with the objective of In this way, the objective involves propelling logistical services in Portugal, the consolidation of leadership in the Tertir has significantly developed its port and logistical sector in Portugal, activity over the last three decades, developing integrated logistical solutions assuming a position of leadership in and promoting the company’s presence port management. It has progressively in international markets that have a expanded its offer of logistical services, strong potential for growth. Mota-Engil’s with marked growth from the moment presence is a significant factor in that of its acquisition by the Mota-Engil strategy, based on a logic of generating Group. synergies.

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TERTIR in the world

› Angola › Brazil › Chile › China › India › Lithuania › Mexico › Marocco › Mozambique › Peru › Portugal › Russia › South Africa › Spain th e cOMPAny's history encompassed several companies in the awarded the Paita multipurpose terminal In 1960, Commander Rodrigo Leite area of transports and logistics, from concession in Peru, the second largest in founded Transnáutica, a freight forwarder port operations, shippers and shipping, the country, receiving a new concession that resulted in the approximation to to international highway transports, in 2011, this time in Spain, for the Ferrol the port sector, which would lead to the distribution, logistics and freight container terminal in Galicia. founding of Tertir – Terminais de Portugal forwarders. in 1981. In the meantime, the Tertir Group made The close relations between the Tertir new and innovative solutions possible, In the meantime, and to guarantee Group and the Mota-Engil Group, which most importantly the formation of the ability to respond to the growth had developed over a long period of Takargo in 2009, the first private operator Portugal experienced in the international time, brought both shareholders closer in the transportation of goods by rail, shipment of goods, the company built together in the business, generating the demonstrative of the Group’s bet on the logistical platforms in Alverca (Lisbon) opportunity, completed in January 2007, creation of integrated logistical solutions, and Freixieiro (Porto). for the Mota-Engil Group to carry out the in its pursuit of ever-improved and more acquisition of the majority of the Tertir efficient service to its customers. Later, the company expanded its business share capital, assuming the control of the areas to highway transportation and also group leader in the port sector in Portugal. the maritime transport of goods. Seeking to propel the international facet This step led to the establishment of the of this business area, Tertir, in conjunction Tertir Group, which from the beginning with Mota-Engil Peru, in 2009 was

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MOTA-ENGIL IN THE WORLD

AtcTIVI iES entire Iberian Peninsula, transforming rail portm ter inals: transportation into an economically and stategic › Aveiro environmentally competitive means for the Socarpor, Sograin transport of goods between port terminals, vision: › Leixões logistical platforms and the final customer. TCL The Tertir Group strategy is based › Lisbon Freight Forwarders and Services: on three fundamental pillars: Liscont, Sotagus Transitex Transitex is a freight forwarder that Growth through the › Setúbal ›  coordinates the movement of containers garnering of new concession Sadoport between logistical platforms and port operations and through the establishment of Tertir holds a key position of leadership terminals, resorting also to intermodal partnerships in the operation of port terminals. transportation. It is a privileged platform Consolidating its know-how in the for generating synergies for Tertir. › Offer of integrated intermodal concession of public infrastructures, it solutions provides public service in the operation of logistical platforms: the main Portuguese terminals: containers, › Optimisation of efficiency LOGZ - Poceirão levels and consolidation of general and bulk cargo, both industrial and A Tertir subsidiary company, Logz is the Organisation foodstuffs. responsible for the logistical platform of Poceirão. Located on the outskirts of intermodal transports: Lisbon and part of the national network of Takargo logistical platforms, the Poceirão platform Takargo is the first private Portuguese will provide the infrastructure needed to railway operator, equipped to geographically respond to the competitive challenges of operate on an on-going basis throughout the intermodality.

The objective involves the consolidation of leadership in the port and logistical sector in Portugal, developing integrated logistical solutions and promoting the company’s presence in international markets that have a strong potential for growth. nUMBER OF EMPLOYEES 442 2009 TURNOVER EBITDA

2010467 139 142 126 106 39 40 34 2011467 23

2012465 EurosMillion EurosMillion 2009 2010 2011 2012 2009 2010 2011 2012

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tertir

1981 Founding of Tertir Terminais de Portugal 1984 INTERNAtIONALISATION OF THE container port of the Ferrol Puerto Ctria ion of Liscont PORT MANAGEMENT SECTOR Exterior was awarded for a period of first private port concession in Portugal › Peru: Port of Paita 35 years to FCT – Ferrol Container TPE, Terminais Portuários Euroandinos Terminal, a company established in is a Peruvian company that resulted from Galicia and fully held by TCL – Terminal the assocation between Tertir, Mota-Engil de Contentores de Leixões. 1994 Peru and the local company Cosmos. The start-up of The container terminal of the Ferrol Sad ocied e de Terminais In September 2009, the Peruvian State exterior port is a terminal with very deep de Moçambique granted the operation of the port of Paita waters and which, in its final phase, to TPE for a period of 30 years. will boast of a pier that is 1200 metres long with depths of 20 metres (4 metres The port of Paita, second in importance deeper than that of Sines). 2004 in Peru, handles containers, general first port consession cargo and bulk liquids and solids, serving The terminal will serve the market of awarded to the Mota-Engil primarily the farm exports and fishing Galicia and northern Spain, being well subsidiary consortium products from northern Peru. placed to receive the large ships that will pass through the Panama canal — after › Spain: Ferrol the conclusion of the works currently 2007 In August, 2011, the construction, underway to widen the canal — headed The Mota-Engil group equipment and operation of the for the ports of northern Europe. acquires Tertir 2009 Start-up of the CARGO CONTAINERISED Takargo operation HANDLED CARGO concession of the paita multipurpose terminal in Peru awarded 3,841,932 3,723,737 812,395 789,259 3,231,860 716,032 2011 652,869

2,685,414 Concession of the ferrol container terminal in Galicia, Spain Units Tonnes

2009 2010 2011 2012 2009 2010 2011 2012

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PORTUGAL

T ransitex celebrates 10th anniversary

Fernando Lima gives a positive assessment of the business

With the goal of continual Founded in Badajoz, Spain, Transitex, Fulfilling this objective completely, growth, it is increasingly which is part of the Tertir Group, is keeping in mind that currently more than present in markets, currently a major logistics operator in the 15% of the total traffic at the terminal Iberian market. originates from the work of Transitex, the distinguishing itself from the company has grown and is today a point other operators by its ability A company formed under Spanish law with of reference at the main Spanish ports and to offer door-to-door service Portuguese capital, it has known how to in the markets where it has seen gains in maintaining the take advantage of the Portuguese-Spanish market shares. dichotomy to establish itself in what it same middleman for the considers its natural market, with 750 With the goal of continual growth, it is entire operation. million consumers not only on the Iberian present in a growing number of markets, Peninsula, but in Portuguese-speaking distinguishing itself from the other countries and Latin America, as well. operators by its ability to offer door- to-door service maintaining the same Transitex has created logistical solutions middleman for the entire operation. that have proved to be an asset to users in the market in general and to the Fernando Lima, director at the company, Mota-Engil Group, in particular. gave a very positive assessment of the decade of activity. He states, “We have At the time of its founding, Transitex been able to create a solid and stable intended to expand the area of influence of company with a turnover far above the the Alcântara container terminal, bringing average that is standard for companies in to Lisbon the container shipping lanes that the sector. Since 2007, the year Transitex used to leave from Spanish ports. Portugal opened, we have maintained an

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POLAND

CHILE ARGENTINA

approximate growth of 30% per year. offer capable of supporting all the In the medium term, having met the We have eight Iberian offices, with a commercial trade in all its various forms: previous objective, we maintain the stable portfolio of customers, defined complete and fractioned shipments, bet on the territorial expansion of the action areas and goals that are being general cargo, special transports and Transitex network, anytime that markets continually surpassed”. Fernando Lima climate-controlled temperature cargo, are identified where our presence could mentions several factors that have transported, stored and delivered without bring added value to the services offered”. contributed to the success of Transitex: disregarding the customs follow-up and “The connection to Tertir’s container other required paperwork. Transitex is currently operating in 13 terminals that defined the goal of the countries on four continents, with more activity, centred on complete and In South America, it built a complete than 100 employees spread over 19 containerised cargoes, the bet on the network of offices, with the centre for offices. transport of agrifood products in general decision making located in São Paulo, and fresh products in particular, the road Brazil, and branches in Peru, Colombia, to internationalisation of the Mota-Engil Mexico and Chile. Fernando Lima is confident Group, and just as important or more so, and has great expectations the stability and the professionalism of Fernando Lima is confident and has great for the future of the company the work group whose performance has expectations for the future of the company allowed it to reach this point”. that he presides over. that he presides over.

A highly internationalised “The consolidation of the existing company network, whether through the increase In Southern Africa, specifically Angola, in the customer portfolio or the offer of South Africa, Mozambique, Malawi, services to complement the current offer, Zambia and Zimbabwe, it built a logisitical is the principal immediate objective.

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PORTUGAL

Manvia responsible for maintenance of the Atlantic Pavilion

The contract is for Atlântico – Pavilhão Multiusos de Lisboa, in climatisation circuits, including also the three years SA has awarded Manvia the contract exterior and interior gardens. for the provision of technical assistance, maintenance and repair services of the The maintenace of this building, given its Atlantic Pavilion for a period of three years. size and technical complexity, represents a big challenge for Manvia. “In any given week With this new contract, Manvia we could have a music performance and the is responsible for the two biggest following week have a circus show, both very performance venues in the country – technically demanding, but with completely Casa da Música, in Porto and the Atlantic different needs, which means there is a need Pavilion, in Lisbon, which is also one of for intensive planning and coordination by the largest in Europe. the technical team”, explains Dora Miranda, director of contract coordination. With the awarding of this contract, “In any given week we could Manvia continues to assert its growing The Atlantic Pavilion was designed by role as a key player in the area of building architect Regino Cruz, with its form inspired have a music performance maintenance in the country, maintaining by a combination of spacecraft and horseshoe and the following week have sustained growth in spite of the current crab (a species that appeared about 200 a circus show, both very economic crisis. million years ago). technically demanding, but For this performance hall at the Parque Given its having been integrated in a world with completely different das Nações, the technical corps will expo that evoked the oceans and the needs, which means there is consist of a multi-discipline team on discoveries, wood is the raw material used a need for intensive planning site, that will guarantee the provision of in the structure. With modern and excellent and coordination by the electrical facility maintenance services, infrastructures, the Atlantic Pavilion is one of HVAC, generator groups, fire detection and the most modern facilites in the world, with a technical team”. fire extinguishing network, centralised stunning construction that covers a total area 2 Dora Miranda technical management, water treatment of 47,000 m .

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PORTUGAL

Manvia renovates suspended steel pipes

Manvia Condutas recently completed the The result was a homogenous fibreglass task of renovating two suspended steel pipeline, with self-supporting properties pipes. These 900-mm diameter pipes and meeting all the hydraulic and are used in transporting water for the structural demands of the project. irrigation of the area between Silves and Portimão. Being deteriorated from use, The customer, the Irrigators Association specifically worn down by corrosion and of Silves, Lagoa and Portimão, expressed the absence of material, they were very its satisfaction with the work carried out close to rupturing. and is open to the possibility of carrying The result was out more renovations of this nature. a homogenous fibreglass The repair methodology involved the application of a fibreglass sleeve that is pipeline, with pre-impregnated with a polyester resin self-supporting properties. and polymerised by UV radiation.

PORTUGAL lighting systems, sockets) and air conditioning Manvia takes care equipment (HVAC), corresponding to a total of 834 shops/buildings, 34 of which are in the of maintenance for Azores and 29 in Madeira.

the Portuguese The overall size of the contract makes the Postal Service (CTT) work of coordinating and planning the teams challenging, with this contract being highly important to Manvia in light of the national In March, Manvia assumed responsibility for scope of the customer’s operations and preventative and corrective maintenance of visibility. the CTT buildings and shops on a national level, including the archipelagos of Madeira For the permanent guarantee of preventative and the Azores. The service contract covers maintenance service, four mobile teams the maintenance of equipment of the consisting of air conditioning and electrical electrical installations (electrical panels, technicians were created.

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AFRICA

P aulo PorTAS visits the Mota-Engil Angola facilities

The Portuguese Minister of Foreign Affairs, Paulo Portas, visited the Mota-Engil Angola facilities earlier this year on February 6 and met with the company’s Board of Directors. AFRICA a period of twelve months for completion. The Portuguese minister had the The contract is worth more than 26 million opportunity to attend a presentation Rerouting of dollars (about 20 million euros). of the Maria Amália Mota Vocational Training Centre and the company’s Lobito-hAnha The existing highway that links Lobito to activity in Angola. Hanha do Norte will be absorbed within Highway the future refinery, which created the need The purpose of the two-day visit to to construct an alternative highway around the country was to deal with matters awarded to the refinery along its upper platform, related with the preparation of Mota-Engil over a distance of 12.3 kilometres, a dual- the first Angola-Portugal Bilateral carriageway paved road with a profile of Summit, scheduled for later this Angola 5m + 5m and verges of 1.5 metres. year in the city of Luanda.

The ceremonial laying of the first stone The job, promoted of the project, held last December 10, by the Sonangol Refinery was attended by the Vice-President of the Republic of Angola, Manuel Vicente, Segment - Sonaref, marks the the Chairman of the Board of Directors start-up of the Lobito Refinery of Sonangol, Francisco de Lemos, megaproject and the Chairman and the CEO of Mota-Engil Africa, Ismael Gaspar and Gilberto Rodrigues.

The future refinery, to be completed in the Mota-Engil Angola was awarded the period of five to six years in the region of EPC (Engineering, Procurement and Morro da Quileva, 12 kilometres northeast Construction) Contract for the rerouting of of Lobito, is projected to process an average the Lobito-Hanha highway. of 200 thousand barrels of petroleum/day, and represents an investment of around The job, integrated in the megaproject for seven hundred thousand million kwanzas the construction of the Lobito refinery, is (about 5.6 billion euros). located in the province of Benguela and has

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New Multi-purpose Building in Luanda

Mota-Engil Angola began construction on the Galaxia Knowledge building, in the heart of Luanda.

Galaxia Knowledge is a modern architectural project, a 16-storey AFRICA building, with three floors for At Projekta 2012, Mota-Engil Angola a parking garage and technical was awarded the prize for the best civil areas. engineering project for its work on the Mota-Engil Luanda Bay, inaugurated in August 2012. The first three floors have two 2-bedroom apartments per floor, Angola wins Projekta is an international trade fair an interior garden and a service of equipment and materials for civil area. The next three floors above prize for the construction, public works, urbanism and these have three 2-bedroom Architecture, the 10th edition of which was apartments and a 3-bedroom best Civil held in Luanda, with exhibition stands of apartment on each floor. The Engineering 380 national and foreign entities. upper five floors will be reserved for offices. project Participating in the fair were Mota- Engil Angola and its subisidiaries Icer, The undertaking also includes a Martinox, Novicer, Prefal, Rentaco Angola restaurant and an auditorium that Luanda Bay project honoured and Tracevia Angola. seats 160 people. at Projekta 2012

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MOTA-ENGIL IN THE WORLD

AFRICA

C onsTRUCTion of Highway 225 between Xaúa and Catata

A challenge on the scale Last November, Mota Engil Angola saw Among the various difficulties encountered of Mota-Engil Angola the start-up of one more project – the is the total lack of local commerce and construction Highway EN225, covering petrol stations, making it necessary to create approximately 102 kilometres. conditions for storage and conservation of foodstuffs acquired in the closest city (six Located in the Luanda-Norte province, hours away), which necessitates an even more specifically between Xaúa and greater effort in terms of logistics. Catata, this highway intersects five rivers, only one of which can be crossed. There The construction of this highway, at a cost of are 230 kilometres of trails in precarious over 170 million dollars (approximately 129 conditions that need to be cleared and million euros), will considerably improve stripped, thus increasing the degree of the quality of life of the local populations. difficulty of access to the project.

AFRICA INAUGURATION OF THE RENOVATION WORK ON THE ZANGOIO CEMETERY IN CABINDA

Working closely with Mota-Engil Angola, The work was inaugurated last November VBT participated in the process of design 2 by the Governor of Cabinda, Aldina and construction of the renovation project Matildes Barros da Lomba, and VBT was for the Zangoio cemetery, transforming congratulated for making this an example the space into a site that pays due tribute to be followed in the renewal of the to all those that have been buried there, city of Cabinda, resulting in a pleasant, whilst creating a pleasant location for all the dignified space that meets the needs of residents of Cabinda. the population.

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AFRICA

WASTE COLLECTION IN MOZAMBIQUE

SUMA and Mota-Engil Mozambique win contract

The contract for the collection of waste in the centre of the city of Maputo was awarded to the consortium consisting of SUMA and Mota-Engil Moçambique.

This contract, entered into for a period of five years, includes AFRICA the operations of collection of sweeping of streets and pavements, and containers, door-to-door collection, of mechanical street sweeping, serving washing and maintenance of VISTA WASTE approximately 100,000 residents. containerising equipment GAINS GROUND IN At the start of this operation, and in dealing The consortium will serve a with the needs of this region, various population of approximately ANGOLA pieces of collection equipment were also 130,000 residents, which is installed, primarily 100 containers with expected to produce around 46 1000-litre capacity, 30 5m3 metallic boxes, thousand tons of municipal solid New contract in Sumbe is as well as 20 paper waste bins along the waste annually. already in operation main road between Luanda and Benguela, which crosses the area of intervention.

Simultaneously, Vista Waste is also developing awareness campaigns for the local populations that aim to post messages on public roadway structures, and fundamentally, to have a proactive contact with its various constituents. For this purpose, an intervention team will be formed to act alongside the population in creating habits of keeping public Since January of this year, Vista Waste spaces clean. A fundamental target of has been providing waste collection and this campaign also aims to reach the urban cleaning services in Sumbe, capital local authorities – sobas (tribal chiefs) of the Cuanza Sul province. and communal administrators – who are important agents in the dissemination of This 1-year contract is renewable for equal information among populations, given periods up to a maximum of five years their roles in the community. and includes the services of the manual

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AFRICA

ANTÓNIO MOTA VISITS estradas do ZAMBEZE

Chairman of the Mota-Engil Board of Directors visited the concessionaire facilities

“António Mota’s visit to the On his trip to Mozambique, the Chairman and monitoring operation over the length concessionaire and the of the Mota-Engil Board of Directors, of the concession that began in the last construction works on the António Mota, visited the facilities of quarter of 2011. the company Estradas do Zambeze, new bridge represents, for the concessionaire responsible for the For António Graça, “António Mota’s visit to all those who are directly construction of the new Tete bridge the concessionaire and the construction or indirectly involved, and for the permanent maintenance works on the new bridge represents, for an enormous incentive, of a 700-kilometre stretch of road for a all those who are directly or indirectly period of 30 years. involved, an enormous incentive, due to due to the confidence the confidence demonstrated”. demonstrated”. With Ascendi as a shareholder of the concessionaire and with Mota-Engil Regarding the construction of the new António Graça participating in the construction of the Tete bridge, António Graça added that new Tete bridge and approximately it is “progressing at a good pace, and it 14 kilometres of supplemental road is worth noting the high level of skills accesses, besides the renovation of the with which the builders have resolved main axis Cuchamano/Tete/Zobué (see the technical problems posed by the image), António Graça, Chairman of the local particularities". He also highlighted concessionaire, accompanied the visit everyone’s "high level of involvement in presenting the progress of the project, safety issues, reflective of which is the primarily the progress on the new Tete absence of serious accidents on a project bridge construction and the assistance of this size”.

SINERGIA 42 41

António Mota visiting the facilities of the company Estradas de Zambeze accompanied by the concessionaire President, António Graça

"The concession of detailed map Estradas do Zambeze considers the maintenance and surveillance of 700 kilometres of road".

António Graça

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AFRICA

Til weni Condominium

A real estate project of Located in Avenida 24 de Julho, Maputo’s The rooms are large, and each apartment excellence in Mozambique finest area, the Tilweni Condominium is the is equipped with the most modern most recent real estate project of EMOCIL, solutions for the comfort of the future a company of the Mota-Engil Group. residents of the Tilweni Condominium.

The 20-storey building has two spacious This undertaking is close to green areas, shops on the ground floor with their own hotels, restaurants and the business independent entrances and separate school, and includes 88 parking spaces sanitary installations. and a storage area for each apartment.

The apartments are distributed on the The architectural concept reflects a project other 19 floors, being divided into 30 of excellence that joins together the 3-bedroom apartments, with a total area of traditional quality of construction of the 189m2, eight 2-bedroom apartments with Mota-Engil Group with varied solutions an area of 96 m2, and eight 1-bedroom for the comfort and well-being of all those apartments with an area of 89 m2, for a living in the city of Acacias. total of 46 apartments.

A Mota-Engil Moçambique

Mota-Engil Moçambique, led by Aníbal Leite, with its head offices in Maputo, has shown sustainable growth as a result of the strong bet that has been carried through, bringing this country into a position of growing importance to the Mota-Engil Group.

Currently Mota-Engil is working in Mozambique in the areas of Engineering and Construction, Logistics, Environment and Services and Highway Concessions.

Works such as the Armando Guebuza bridge, the Pan-African Games Village and the concession for the new Tete bridge guarantee Mota-Engil Moçambique a postion of prominence and recognition in this market.

AF_ME_BROCHURA_TILWENI_CURVAS.indd 1 2/28/13 5:28 PM

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L atin America T he cOMPAny that became known as “Brasil” MOTA-ENGIL ACQUIRES A SHARE OF EMPRESA The Empresa Construtora do Brasil (ECB) came into being in 1945, CONSTRUTORA Carlos Mota Santos, Chairman initially and for the first eight years of the board of Directors working in the area of industrial and BRASIL, SA of Mota-Engil Latin America civil construction, and beginning in 1953, expanding its activities to earthmoving and paving. In 1953 it Operations in Brazil will now be associated with a shareholder structure that began construction on the Londrina through a strategic partnership from the first moment demonstrated it was Airport, which became one of the aligned and in solidarity with the strategic most modern and important airports and equity holding in ECB, vision of development for the company of Brazil. a well-known and reputable and with the positioning we believe is the Brazilian company in the most correct for ECB in what is, today, the This early period of company history Brazilian construction market”. very closely resembles that of construction sector Mota-Engil, which was constituted With a vast technical portfolio based on 67 just one year after ECB, and in 1952 At the close of 2012, Mota-Engil carried out years of existence, ECB is a storehouse of Mota-Engil executed its first large its objective to enter the construction sector know-how in various areas of construction, work – the International Airport of in Brazil by acquiring a majority of the especially important being its experience Luanda – and from that point it has share capital of the Brazilian construction in segments such as highway and railway constructed a career that makes it a company Empresa Construtora Brasil, SA infrastructures, urban maintenance leader in Portugal today and one of (ECB). and sanitation, industrial and mining the major European construction infrastructures, dams and highway companies. As part of the international expansion concessions. strategy laid out in the "Ambition 2.0" The “Brasil”, the name by which the Strategic Plan, Mota-Engil Brasil invested a ”The bet on this company company is known in the Brazilian total of 19.2 million euros, which included involved its vast and market, has its head offices in Belo the acquisition price and capital increase, recognised technical Horizonte, and for a large part of its with a view to giving the company the know-how, associated with a history was one of the ten largest conditions needed to accelerate its growth. construction companies in the shareholder structure that from Brazilian market, being recognised With this acquisition, and based on ECB’s the first moment demonstrated for its high technical quality and broad technical experience, Mota-Engil it was aligned and in solidarity its capacity to innovate technical now has the possibility of collaborating in with the strategic vision of solutions in construction. the demanding but motivating challenge development for the company resulting from the infrastructure plan for At the close of 2012, the two Groups the coming years now in progress in this and with the positioning we joined forces in a genuine partnership country. believe is the most correct that marks one of the most recent for ECB in what is, today, the events in the history of two companies For Carlos Mota Santos, Chairman of the Brazilian construction market”. nearing their 70th anniversaries. Board of Directors of Mota-Engil Latin America, “the bet on this company involved Carlos Mota Santos chairman of the board of directors its vast and recognised technical know-how, of mota-engil latin america

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L atin America

MOTA-ENGIL CONSOLIDATES ITS PRESENCE IN MEXICO

With the start-up of operations of the Perote-Xalapa highway concession, the company expanded its activity to other segments

Mota-Engil Mexico For Mota-Engil Mexico, led by João Mota-Engil Mexico began in a timely began in a timely Pedro Parreira, 2012 was an important manner the work of consolidating local manner the work year, as it concluded the construction of partnerships to reinforce its presence in the Perote Xalapa motorway, which in this market, capitalising on the proof of of consolidating February of 2008 was the first project its capacity of execution demonstrated local partnerships to given to Mota-Engil in that market. by the Perote-Xalapa project. reinforce its presence in this market. THE IMPORTANCE OF THE WORKS IN PROGRESS PEROTE-XALAPA PROJECT Currently, Mota-Engil Mexico has Representing one of the fundamental roadway and railway projects underway pillars of the new highway plan in in four state, a significant fact in a country Mexico, for the direct connection that it the size of Mexico. provides between the Port of Veracruz (the most important seaport in Mexico) › Renovation of Av. Lázaro Cárdenas and Mexico City, the country’s capital, (Xalapa, Veracruz) the conclusion of the project within the Work on the central avenue of the established timeline and with superior city of Xalapa includes renovation quality, allowed Mota-Engil to definitively work in pavement and rain drainage, establish itself in this market. including storm drainage work and urban landscaping and infrastructure, With the construction completed and highway lighting and traffic signals on the start of the concession period, a project extending for 12 kilometres.

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› Outer Circular Railway in Celaya companies VISE, Tríada and Construcar, (Celaya, Guanajuato) Mota-Engil will work in the area of Construction of a railway line, in a consortium construction, maintenance and renovation with the companies VISE and CGM-EFI, of a 145 kilometres stretch of motorway, with Mota-Engil Mexico being responsible the total amount of the contract being worth for the execution of railway structures and about 200 million euros. bridges, pedestrian crossings, drainage work and protection of oil and gas pipelines. The company has also presented proposals and joined in consortia for various › Renovation of the La Rumorosa- infrastructure projects with relative success, Tecate Highway Surface (Baja allowing it to progressively increase its California) activities and order book in this market. Resurfacing and placement of vertical and horizontal signage, besides the accessory NEW FACILITIES works for the renovation of a 10 kilometres In order to respond to the growth in stretch of road in the zone bordering the activity being experienced and to better United States of America. accommodate company employees and welcome clients and partners, Mota- › Maintenance and Renovation of Engil Mexico moved facilities at the the Guadalajara-Colima Highway end of 2012, its head offices now being Mota-Engil México (Jalisco) located at Av. Horacio, 828, in Mexico new facilities Holding 20% of the consortium with City.

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MOTA-ENGIL IN THE WORLD

"2013 it will be critical to maintain the Group’s volume of activity in Mexico and it will be the year in which we have planned for the beginning of activities in the area of wastes".

joão pedro parreira

João Pedro Parreira

Questions for João Pedro various projects is the answer we needed have planned the beginning of activities in Parreira, CEO of Mota-Engil to definitively bet on the Mexican market, the area of wastes. Latin America and Chairman of a market of significant size, proportionate Mota-Engil Mexico to its degree of complexity, but that after Currently, the Group has already contracted 2012 I believe will be a contributor to the the volume to meet the projected goal for › What assessment do you make of Group’s success. 2013, but we want to continue growing to Mota-Engil’s activity in Mexico during guarantee an even more solid platform for 2012? › How is the Perote-Xalapa concession growth. coming along? The assessment is clearly positive. In We started the 60 kilometre stretch › Are there any possibilities for a coherent and sustainable way, the of highway work in December, 2012, diversification into other areas of Group has been able to capitalise on the completing the Veracruz – Mexico business in Mexico? experience that resulted from gaining the City logistics corridor, a project with As I mentioned earlier, in 2013 we plan on Perote-Xalapa project, as a concession, in mountainous characteristics and that has having the first project of waste collection 2008. been recognised by all its users for the and treatment, which will be in the area of great quality of construction and its safety . Baja California, where we are presenting a The combination of the quality in human project of added value to this tourism area resources that accomplished the work and The success has also been verified in the that is so important to Mexico. the size of the project made it possible to level of adhesion to our project. bring together the “perfect” ingredients in Mota-Engil Mexico for us to walk on our › What is the outlook for development own two feet in the Mexican market. for Mota-Engil Mexico? In 2013, the first year of the new six year 2012 was the first year in which presidential term, it will be critical to Mota-Engil presented itself to the market maintain the Group’s volume of activity in alone and the successful winning of Mexico and it will be the year for which we

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Latin America João Pedro Parreira has been named With a growing investment, Mota-Engil CEO of Mota-Engil Latin America. established in its “Ambition 2.0” Strategic Plan that by 2015 Latin America would Having joined the Ascendi organisation assume a growing importance for the JOÃO PEDRO in 2008 as head of the Latin American international development of the Group, region, João Pedro Parreira assumed the goals outlined representing an PARREIRA the chairmanship of Mota-Engil Mexico increased challenge for the organisation NAMED CEO in 2012, a role that he will retain previously presided over by Carlos in conjunction with the executive Mota Santos and now led by João Pedro OF MOTA-ENGIL leadership of the region. Parreira. LATIN AMERICA With a presence in Peru, Mexico, and As for Rafael Rossi, the previous most recently in Brazil and Colombia, CEO who has left the Group, Gonçalo Mota-Engil America Latina has grown Moura Martins’s communiqué included The recently appointed significantly in the last few years, with “a word of recognition for the skill, Executive Chairman will add 2012 as an example. In that year, it professionalism and work carried out his new responsibilities increased its activity by 93% compared during his service to the Group, as to the previous year and hit a historical well as the commitment that he always to the role of Chairman of high of almost 900 million euros in its showed to the Group”. Mota-Engil Mexico. order book.

L atin America Integrated in the projects destined for the For the completion of the projects, two improvement of urban mobility during the contracts were signed in the following MOTA-ENGIL football World Cup, the State Government amounts: of Mato Grosso, through Secopa, the WINS CONTRACT Special Secretariat for the World Cup, › Substations for traction and medium- FOR DESIGN AND FIFA 2014, launched a call for tenders for voltage ring: 26,332,000 euros the design and construction of a light rail › Aerial contact line: 23,347,000 euros system over a distance of 28 kilometres in CONSTRUCTION the municipalities of Cuiabá and Várzea OF LIGHT RAIL IN Grande, called VTL — Veículo Leve sobre MOTA-ENGIL IN BRAZIL Trilhos (Light Rail Transit). The contract awarded in Brazil for BRAZIL an approximate value of 50 million Mota-Engil presented a proposal for the euros recognises the Group’s skill and execution of works for traction power capacity for execution and continues Total contract value of – substations and catenary – in the the gradual affirmation of Mota-Engil approximately 50 million euros VTL consortium, winner of the bidding. in Brazil following the contract award The consortium consists of builders CR for expansion work at Enotel Resort Almeida and Santa Barbara, project design & Spa Porto Galinhas, in the State of companies Magna Engenharia and Astep Pernambuco, one of the largest hotel Engenharia and equipment manufacturer enterprises in Latin America. Ferroviários CAF.

The design and construction of a light rail system over a distance of 28 kilometres in the municipalities of Cuiabá and Várzea Grande, at the State Government of Mato Grosso.

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L atin America

MOTA-ENGIL HONOURED IN THE DEAL OF THE YEAR 2012 AWARDS Port of Paita (Peru)

Latin Finance chooses Terminales Portuarios Euroandinos (TPE), In an operation led by Goldman Sachs the issuance of 110 a subsidiary of Mota-Engil Peru, was and supported by Scotia Bank, demand honoured by Latin Finance in the “Deal of for the bond issue was divided among million dollars in bonds for The Year 2012” Awards in the category of investors from Peru (59%), the United the construction of the “Project/Infrastructure Financing” for the States of America (23%) and other Port of Paita successful placement of a bond issue for countries in Latin America (18%). In terms 110 million dollars. These bonds are to of the investor entities, 35% were banks, finance the renewal of the port of Paita, 28% were from pension funds, 18% from the second largest Peruvian port, for investment management companies and which TPE holds a 30-year concession 18% from insurance companies. granted in 2009. The international distinction thus According to Latin Finance, this issuance rewards Mota-Engil and its partners for of bonds, with a maturity of 25 years the innovative nature of the study and and an interest rate of 8.125%, signalled the setting up of financing operations for the first project for a port in this region infrastructure projects that, as in the case financed by this model, as well as the first of the port of Paita, decisively contribute to guarantee cross-border financing for to growth in the region where they are brownfield construction in Latin America. working. Award Latin Finance

The international distinction thus rewards Mota-Engil and its partners for the innovative nature of the study and the setting up of financing operations.

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L atin America

MOTA-ENGIL WINS ITS FIRST PROJECT IN COLOMBIA Team Mota-Engil Colombia

Project consists in the Following the commercial work executed its operation here in light of the economic construction of over the past year in Colombia, the potential of this country in which the Group Mota-Engil team led by Alexandre Bernardo is placing a great deal of confidence. a Rehabilitation Centre for won the contract for the construction of a the Security Forces under military hospital in Bogotá, a building with With a duration of 15 months, the contract a contract totalling more a total area of 15,000 m2 that will be the contemplates a total investment of 11.2 Rehabilitation Centre for the Security Forces million euros, with the particularity of than 11 million euros of Colombia. the project being executed in a building donated by the Korean Government to Colombia is the most recent market Colombia. The international Korean agency in which Mota-Engil operates in Latin for the construction of a military hospital America, and this contract therefore takes in Bogotá offered the building, as part of a on a greater symbolism for being the first bilateral cooperation, which reinforces and project garnered in this country. Mota-Engil gives prestige to the fact that Mota-Engil is believes it will be able to develop and grow the entity responsible for the construction.

arlexand e bernardo: we know we can make a difference. › What support has been received CEO of Mota-Engil Colombia The goal is to specialise in projects of from Mota-Engil Latin America? high technical complexity with unique At start-up, any market needs › What does this project represent specifications that require difficult considerable external help, for Mota-Engil Colombia? curricula or experiences, or with any specifically from Mota-Engil Portugal The project represents a great other particularity that would set us and Mota-Engil Latin America. responsibility. It is the first contract we apart from the competition. have in this market so it requires from We refer to administrative, tax, legal, us extra-special attention and care. It has not been easy, but we have commercial and production support, already presented proposals in the since although we already have However, we should also keep in areas of highway, port, and water various consultants locally for all mind that it is a project with a lot of infrastructures, among others. these areas, it is always important to difficulties and concerns since the count on the support and opinion of legal formalities, procedures and We have sought to make partnerships the various departments. Otherwise, actions are all new. with local companies, specific for we could run the risk of choosing each type of project, taking into options that would not in some way › What other projects and what consideration their geographic be aligned with the Group’s policy areas does Mota-Engil Colombia location, experience in certain projects or not be taking advantage of all the foresee working in? or internal resources. This has always experience already gained. Mota-Engil Colombia has its eyes been done, however, on a case-by-case focused on the market searching for basis, with the intent of establishing projects and opportunities where win-win associations.

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central europe

Warsaw Library

Expansion and modernisation of the Warsaw Public Library, under the supervision of Mota-Engil Central Europe Sławomir Barczak and Paulo Bóia (to the right) at the contract signing

The project has a completion The Warsaw Public Library, one of the The project is expected to take 24 timeline of 24 months largest and oldest libraries in Poland, will months to complete and will consist of require significant work in its expansion the demolition of two buildings – the under a contract totalling and modernisation, with Mota-Engil North annex and the Arts Section – and 12.5 million euros Central Europe being the company construction of new facilites in their selected for the completion of a project in place, an office building and the reading one of the most symbolic locations of the room for the arts section. Other buildings Polish capital. integrated in the library will also be modernised and/or rebuilt, including an The Polish Secretary of State in the Ministry extension of the warehouse. of Culture and National Heritage, Piotr Żuchowski, and the director of the Library The project, valued at 12.5 million attended the contract signing ceremony. euros, is co-financed by the European Representing Mota-Engil Central Europe Union under the Infrastructure and were board member Sławomir Barczak Environment Operational Programme. and Chairman Paulo Bóia.

The project is co-financed by the European Union under the Infrastructure and Environment Operational Programme.

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central europe

Mota-Engil Central Europe staff member recognised Jacek Matyga

Contest organised by For the 2nd consecutive year, a contributing to the sector. The panel the Polish Society of Mota-Engil Central Europe employee of judges, composed of representatives Bridge Engineers, is to was recognised at the by Polish Society from numerous organisations, awarded of Bridge Engineers Gala, held this prizes in four categories: Civil Engineer distinguish all those past March 4. At this year’s gala, in its of the Year (also won last year by an who contributed 4th edition, Jacek Matyga received the employee of Mota-Engil Central Europe), substantially to the Bridge Debut of the Year award. Designer of the Year, Director of the Year development and Bridge Debut of the Year. The aim of the contest, organised by the of bridge engineering. Polish Society of Bridge Engineers, is to Mota-Engil congratulates itself on the distinguish all those who contributed success of its engineers, which is a substantially to the development of reflection of the company’s success. bridge engineering in Poland, in turn

central europe

Inauguration of new highway After two years of work on various Attending on behalf of Mota-Engil were access attended highway projects — a bridge, viaducts, board member Sławomir Barczak and underpasses and overpasses, drainage, several other company representatives. by the Polish water systems, lighting and signage —, the new access to Przemyśl, a city located in With a contract amount of 55 million Prime Minister southeastern Poland, 240 kilometres from euros, and considered one of the Kraków, was completed. main investments in the region, the construction of the eastern access to Mota-Engil Central Europe The inauguration ceremony for this project the city of Przemyśl connects national completes Przemysl project executed by Mota-Engil Central Europe was highways 77 and 28. attended by Prime Minister Donald Tusk, under a contract in the representatives from Przemyśl authorities, amount of 55 million euros deputies, senators and city residents.

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CENTRAL europe The strategy for this market has centred primarily on the civil construction sector in the capital city of Prague, including private and public contracts.

To enter this market, the option taken involved the creation of a start-up for C ZECH REPUBLIC IS A construction. Along with this decision, the real estate investments in the acquisition of land STRATEGIC COUNTRY were made through M-Invest, a local vehicle for real estate investment, which has made several purchases of land since 1998. These purchases allowed for the successful conclusion of residential real The Mota-Engil Group began operations estate projects, like homes in Vackov, apartments in Nikolajka, Neklanova in the Czech Republic in 1997 with and Bohdalec and the first phase of the Devonska project. the founding of what was then Sefimota Recently, in 2012, the Steinerova project was completed, with its 48 units all sold, and the conclusion of the second phase of In 2009, Sefimota was renamed regular basis in the city of Prague, the Devonska project is expected in 2013. Mota-Engil Central Europe Czech Republic. with its management presently being In this phase 145 apartments are to be This company, engaged in the execution overseen by Mota-Engil Real Estate built, 40% of which are already sold. of construction projects of residential, Management. industrial and service buildings, as well The strength of the interest in the Czech as urban and environmental E hntry in t e Czech Market residential real estate market, particularly infrastructures, became a Mota-Engil with a wager on the in Prague, took on new proportions when Central Europe subsidiary, with registered residential sector the country joined the European Union: the offices in Poland and now part of the In 1997, following the expansion plans strength of the Czech economy compared to integrated management project for for Central Europe, Mota & Companhia that of the neighbouring countries; the growth Mota-Engil resources in Central Europe. opened its first company in the Czech of the middle class and the corresponding market, at the time under the name lack of a significant offer of quality options; The real estate promotion of residential Sefimota and today known as Mota-Engil low interest rates; and the increasing buildings has been carried out on a Central Europe Czech Republic. availability for mortgage financing.

1997 2001-2004 2005-2007 2008-2009 2010 2012 START IN TEGRATION aCTIVITY IN mota-engil sefimota central europe

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nUMBER OF apartments BUILT EMPLOYEES

mece cz AGE OF EMPLOYEES

3089 53%

2644

2236 1943 1943 24% 1624 1358 7% 7% 8%

872 18-29 30-39 40-49 50-59 60+ 617 628 309

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 NUMBER OF EMPLOYEES

201072 201187 201286 actr ivity a eas roads and infrastructures Civil construction Several complementary projects have The Mota-Engil Group in the Czech already been completed through local EDUCATIONAL QUALIFICATIONS Republic is primarily engaged in the partnerships, involving the building residential sector, serving various qualified of secondary roads, streets or levee promoters. However, other areas were structures. developed, which led the company to execute other types of projects: the importance of the human factor 38% 29% › Reconstructions of schools In 16 years of Mota-Engil Central Europe in the city of Prague activity in the Czech Republic, it has been › Construction of public service possible to develop considerable talent in buildings the human resources of the company. 33% › Factories and warehouses The company today has 86 people, 60 › Reconstruction of historical buildings, of whom are qualified technicians. Most Basic specifically castles of them have been at the company more Secondary than five years (26% of the total) and University › Apartment hotels and leisure centres more than one year (approximately 80% for youth and senior citizens. of the total). This means that the “talent” is being retained within the organisation. environment On one hand, the current staff members In the environmental area, and with are in harmony with and motivated by the support of the Mota-Engil Group, the Group’s strategy. On the other hand, the company has been building we equally highlight the significant wastewater treatment plants in the investment in training, specifically Central Bohemian region, examples of through the Mota-Engil Active School, which are the sewage treatment plants where young technicians benefit from at Pribram, Dobris and Strahotin. training and reinforce regional synergies, developing an attitude of mobility and ethics common to the organisation.

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ascendi

A scendi honoured by Exame magazine

Ascendi was selected by Exame magazine as one of the 100 best companies to work for in Portugal. This initiative, promoted by the magazine and the consultancy ascendi firm Accenture, each year where the salt-spreading operations should seeks to honour the companies be carried out. The extension of roadways that distinguish themselves as Winter where this is done is significant: examples of excellence in the › North Concession: Fafe/Basto/Ribeira de management of human resources. Maintenance Pena/Vila Pouca de Aguiar subsections – 96 kilometres In the ranking published at the › Concession of Beira Litoral and Beira beginning of the year, Ascendi's Ensuring the safety Alta: Vouzela/Viseu and Celorico/Guarda/ level of employee commitment of users Vilar Formoso subsections – 123 kilometres to the company was rated at › Subconcession of Douro Interior: 65.22%. Celorico/Trancoso/Longroiva subsections Winter maintenance is one of the most and on IC5 – 164 kilometres important activities carried out by the operation and maintenance sector of These actions mean that the circulation of the Ascendi Group, the objective being traffic is guaranteed in conditions of safety the safety of the users who travel on its and convenience and there is no reduction motorways and highways. in the level of service, as defined in the Highway Capacity Manual. This activity is carried out in two areas: preventive actions of spreading rock salt The snow-clearing operations guarantee and brine where ice is forming on the users that they can travel in safe roadways and snow-clearing operations. conditions, without there being any The preventive operations are one of the situation of closure of lanes of traffic and/ most important actions, due to the fact or of any subsection of the motorways Ascendi was that ice is not detectable by drivers. These and highways of the Ascendi network, operations are based on data gathered due to the quantity of equipment the selected by Exame from weather stations located throughout concessionaire has and its operability. magazine as one the network of roads, supplemented by This fact is also due to the excellent of the 100 best information sent to the Traffic Control articulation that exists between the companies to work Centres by operators of Assistance and concessionaire’s operating services, the Surveillance Vehicles, which make it police authorities and the district centres for in Portugal. possible to know in advance the stretches for highway safety.

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ascendi Ascendi was honoured by the University of ascendi Minho with the award “Friendly Company” School of of its School of Engineering, in recognition for the continued and fruitful cooperation A scendi Engineering of that, since 2001, has been maintained University of with the Department of Civil Engineering opens new at that school. This honour publicises the Minho honours value of partnership between Ascendi and stretches the University of Minho, which has been Ascendi with affirmed under multiple facets, from the of the Pinhal post-graduate education of Ascendi staff the “Friendly members to, primarily, the implementation Interior of various cooperative technical-scientific Subconcession Company” seal initiatives aimed specifically at developing knowledge in the various areas of roadway to traffic infrastructure maintenance.

The continued support of partnerships Population provided with universities and other technical- with better accessibility scientific organisations is one of the pillars of Ascendi’s sustainability policy, seeking In February, the Pinhal Interior to maintain its ability to be set apart for subconcession opened to traffic its quality, the innovation of processes and in the 9.9 kilometres subsection products and for the productivity of its between the Alvaiázere interchange employees. At the same time, it contributes and the IC8/South Avelar to the sustainability, from the universities’ interchange and the 10.9 kilometres perspective, of a position in the vanguard of subsection between the IC8/South technical-scientific knowledge expressed in Avelar interchange and the Penela/ the language of practical applications. North Avelar interchange.

After the opening of various stretches in the districts of Castelo ascendi Branco, Coimbra and Leiria at the This initiative is designed to honour and end of the year, along with the Ascendi receives recognise the value of the best practices stretches recently opened to traffic, in human resources management and there are now several sections of Masters of identify the companies that distinguish the Pinhal Interior subconcession themselves by the results achieved in the that have made a significant Human Capital strategic management of persons. improvement in road accessibility and safety for the inhabitants of prize The Masters of Human Capital is an annual this region of the country. initiative of the IFE Group (International Faculty for Executives) and the Human Resources Expo – HR’EXPO – where the winners were announced.

Last month, in March, Ascendi received the Ascendi was thus identified as the company prize for the Best Strategy of Performance that implemented the most innovative strategy Monitoring and Management, awarded by of performance monitoring and management, the Masters of Human Capital initiative. as proven by its return on investment.

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MOTA-ENGIL IN THE WORLD

MARTIFER GROUP

Martifer Solar signs contract for the first rooftop project in India

Inspira Martifer Solar, a subsidiary of world,” stated Mayur Vora, CEO of Mapro Martifer Solar for the Indian market, Foods. signed an EPC contract with Mapro Foods for the construction of a 350 kW The system will have 1,210 modules, roof project in India. installed on flat structures. The company will be responsible for the EPC (Engineering, The photovoltaic system will be installed Procurement and Construction) and for in one of Mapro Foods’ factories in Wai, the operation and maintenance (O&M) of Mahabaleshwar. With a production the project, which will involve a total of 50 capacity of 580 MWh/year, the equivalent workers throughout the construction phase. to the average consumption of 400 families, the installation will avoid the “This contract with Mapro Foods proves

emission of more than 500 tons of CO2 the competitiveness of photovoltaic solar per year into the atmosphere. energy in the Indian market compared to other renewable and non-renewable “This project was entrusted to Inspira sources of energy. Additionally, it reinforces Martifer Solar since it counts on our objective of reaching a position of the advanced technology and great leadership in the roof sector, for which international experience of the company, we are counting on, in the near future, the already having participated in the bet of other industrial and commercial implementation of more than 300 MW sectors”, stated Shrirang Bhandiwad, CEO of photovoltaic solar energy around the of Inspira Martifer Solar. The photovoltaic system will be installed in one of Mapro Foods’ factories in Wai, Mahabaleshwar. It will have a production capacity of 580 MWh/year, the equivalent to the average consumption of 400 families.

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Castelão Stadium will be one of the twelve stadiums for the 2014 FIFA World Cup, which will take place in Brazil

MARTIFER GROUP Martifer Construções Metálicas Ltda, “Martifer’s participation in projects of a subsidiary of Martifer Metallic this size is very important, not only Constructions in Brazil, concluded the for the Group, but also for Portuguese construction of the covering for the companies in general, who benefit from Estádio Castelão, one of the twelve an image of quality, strict compliance stadiums for the 2014 World Cup. and efficiency demonstrated by the company in international markets”, This infrastructure was inaugurated said Jorge Martins, Vice-Chairman of on December 16 by the Brazilian the Group’s Board of Directors, who was President Dilma Rousseff, at being the present at the ceremony. Martifer first 2014 World Cup stadium to be concluded and delivered to the owner, Martifer has an industrial unit in Brazil delivers first a complex project completed within the with a capacity to produce 12,000 tons of established deadlines. metal structures a year and already has stadium for an order book of 296 million reais (110 the World Cup Located in Fortaleza, Castelão seats million euros) in the country, including 67,000 and represented a total investment three additional stadiums (Grêmio, in Brazil of approximately 519 million reais (193 Fonte Nova and Manaus), an industrial million euros). In addition to the metal unit and two shopping centres. Of the structure of the roof (weighing more than projects in the order book, especially Martifer has an industrial 2,000 tons), Martifer was also responsible important is the construction of the unit in Brazil with a capacity for applying the 34,000 m2 of coating to Transcarioca bridges and the Museu do the roof. The work done by Martifer was Amanhã (Museum of Tomorrow), both in to produce 12,000 tons concluded in a little over a year. Rio de Janeiro. of metal structures a year

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Technology and Innovation

MOTA-ENGIL

DEVELOPS DOCUMENT Photo: Agustin Roche Vazquez MANAGEMENT SYSTEM

Project was developed internally for Takargo

Photo: Javier López Ortega

Mota-Engil SGPS, through its team objective of finishing the company’s triple responsible for the ON.ME corporate certification in 2013 through the creation web portal, developed a document of a management system that ensures the management system for Takargo, sustained satisfaction of shareholders, subsidiary company of the Group in the employees, customers, suppliers, area of railway freight transport. infrastructure managers, official entities, partners, the community and society in The development of this platform is general. essential to the company’s current process to obtain the triple certification in quality, Project development environment and safety. Opting for digital support for the development of a document management Takargo’s certification system resulted from the high degree of process computer use by company employees. The adoption of a quality management system is always a strategic decision With that in mind, the Takargo for each organisation. It was the same management team consulted with the for Takargo, which established the team responsible for the ON.ME web portal

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Based on the technical skills within Mota-Engil, the document management system was developed with the support of the native functionalities of Microsoft Sharepoint, the ON.ME portal platform.

and which is integrated in the Mota-Engil all the document support necessary for with any other potential processing SGPS Communication Division, in order to creating an auditable computer historical needs, do any collaborative work and determine if this structure would be able to record, its development supported by provide all the necessary technical guarantee the development of a document a demanding planning process, which support. management platform that could support enabled the completion of objectives the demands of the standards. in terms of quality and the delivery The Takargo Document timeline. Management System Model Accepting the challenge, the ON.ME team Based on the technical skills within completed a “Walkthrough of Document At the conclusion, in accordance with Mota-Engil, the document management Management on ON.ME” with the Takargo the established plan, training sessions system was developed with the support leaders at the beginning of March 2012, were held for readers and editors of of the native functionalities of Microsoft during which the functionalities available the platform and in this way Takargo Sharepoint, the ON.ME portal platform. on the Group’s corporate web portal were completed the implementation of presented along with its capacities to meet a document management system, Libraries for the availability of printed the intended objectives. supported exclusively on the ON.ME matter and other documents were portal. From this point, the Mota-Engil set up and forms with analytical, Once the project terms were defined, team is responsible for accompanying complementary and validation processes the team produced, in nine months, the project to make improvements, help were developed.

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Technology and Innovation

Libraries for the availability of printed matter and other documents were set up and forms with analytical, complementary and validation processes were developed.

To guarantee the best functionality and improve productivity, various procedures are based on forms and workflows, such as:

› Training Plan: From the identification of training needs to the evaluation miguel lisboa of the effectiveness of the sessions Executive Director of Takargo completed, all the activities related Wr hat a e TAKARGO’s main motivations in developing a to the management of the training Document Management System? plan are provided for in an integrated Our goal is to guarantee the integrated certification for quality, environment and manner, including the creation of safety and the necessity of global management for all railway regulations. Both of the plan and its approval and the these are very complex and highly demanding processes. loading of information related to the completion of each action. W hat aSSessment do you make of the project completed? It exceeded all our expectations in terms of results achieved and the meeting of › Auditing Programme and Inspection established deadlines. Plans: The entire sequence associated with the management of audits and Wr hat a e the main value-added benefits that you would inspections is fully integrated and emphasize? supported by the portal, from the The integral management of all the processes through one single portal, the creation defining of dates and inspecting/ of easily approved and effective workflows and the subsequent elimination of auditing teams to supporting reports. physical documentation. Additionally, the development of an electronic database of all railway regulations was possible, with obvious advantages in the management, › Plan of Objectives: The objectives, with control and distribution of documents. corresponding historical data, indicators and the goals to be achieved are defined,

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Regarding Incident Reports: The Incident Report is created over six phases, with five different possible participants. All are notified via email when their intervention is needed, and the report status is continually updated, always informing which phase it is currently in:

1st Identification Any Takargo employee can initiate an incident report and therefore fill in this field. 2nd Validation of incident Always completed by the person responsible for quality, environment and safety. Validates, but may request edits, returning to the previous point. Defines which sector leader should complete the cause analysis and define action. 3rd Cause analysis and action To be completed by the sector leader defined above. At the end, defines processed and made available on the malfunctions; and implementation of the manager who is to validate the portal, with a significant amount of MEdoc OUT, a functionality for managing action. indicators automatically filled in. and controlling correspondence that is th sent out. 4 Validation of action To be completed by the Manager › Evaluation of Suppliers: The evaluation defined above. May request of suppliers is made through a form that A very interesting solution that the corrections, returning to the already includes the applicable points availability of a document management previous point to consider. system on a digital platform and in th particular on ON.ME allows for is 5 Analysis of causes and Action › Incident Reports: From the moment providing tablets to machine operators Returns to the sector leader, who sets of its identification and registration, so that, at the moment they detect the date for the implementation of the various participants are called to a malfunction, they will be able to action complete the corresponding analysis of immediately initiate the corresponding th causes and define the action steps to be resolution process, through online 6 Close Person responsible for quality, taken, validate the analysis, implement communication. environment and safety analises the chosen measures, verify their effectiveness and closes action. effectiveness and close the incident. next t s eps Although the document management system is already in use, the ON.ME team is developing, with the perspective of continual improvement, several new functionalities such as a library and forms for archiving and managing proposals with management indicators; a form for machine operators themselves to record

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AMONG US

LARGO DO PAÇO

Mota-Engil Turismo’s restaurant, integrated in the Hotel Casa da Calçada, in Amarante, offers genuine sensorial journeys through the best that Portuguese cuisine has to offer, having been chosen as the third best restaurant in Europe

The team at Casa da Calçada It’s not every day that someone in Portugal is excellent quality and the art of welcoming continues to work towards recognised as one of the best three in Europe, each one who visits this historic and symbolic the same goal as always: so we decided that in this edition of SINERGIA location in the north of Portugal. we would take a trip through the history of the To contribute to the Hotel Casa da Calçada and Restaurante Largo Opened as a hotel on a property that was knowledge of Portuguese do Paço, units that go together in perfect completely renovated in 2001, it became culture through architecture harmony to provide unforgettable moments associated with the highly renowned and culture, associated to those who visit here. network Relais & Châteaux Hotels in November 2003, famous for bringing with gastronomy and the For Mota-Engil, the fact that we have together the finest charming hotels and promotion of wine using “Among Us” the third best restaurant is a gourmet restaurants in the world. Portuguese products. source of pride, and we would be remiss if we did not highlight it in this edition of Over the years, this hotel establishment of SINERGIA. the Mota-Engil Group has been awarded many prizes of various types, a fact that has HOT EL CASA DA CALÇADA kept the team motivated to innovate and The Hotel Casa da Calçada opened to the continue raising the standards of quality public at the start of the last decade and it that have gradually had a repercussion quickly gained the attention of visitors, as among tourists from the markets of Spain, is evidenced by the awards it has won in a France, England, Switzerland, Holland and little over ten years. Brazil, among others.

The Hotel Casa da Calçada Relais & Chateaux, The team at Casa da Calçada continues to located in Amarante, is synonymous with work towards the same goal as always: To

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contribute to the knowledge of Portuguese Largo do Paço has the particular culture through architecture and culture, privilege of having counted on the associated with gastronomy and the contribution and experience of different promotion of wine using Portuguese renowned chefs, such as José Cordeiro, products. Ricardo Costa and the current chef Vitor Matos and being able to successively A FIVE-STAR Restaurant obtain the Michelin star with these three Perfectly complementing the Hotel Casa da great names of Portuguese cuisine. This Calçada, Restaurante Largo do Paço shares fact demonstrates the level of excellence the same location. Chef Vítor Matos has of the team that as a whole has been been with the restaurant for the past three responsible for bringing many prizes to years, and the sommelier/maître d’ Adacio Casa da Calçada and Largo do Paço. Ribeiro since the very beginning. TH E THIRD BEST The Restaurante Largo do Paço, due to IN EUROPE its great efforts and the many years of After securing the Michelin star, the most dedication of all those who are part of recognised international prize, Largo do the Mota-Engil Turismo team, has earned Paço has now been honoured with third numerous distinctions for the superior place on the list of the 50 best restaurants level of quality offered its customers. of Europe, chosen by the public from a Standing out at the international level list of about 120 restaurants from over of awards is the Michelin star, awarded 20 European countries. The voting was for the first time in 2005 and which the an initiative by European 50 Best.com, a restaurant still holds today. well-respected on-line restaurant guide,

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AMONG US

of the products," giving preference to traditional and local products, but "never neglecting quality".

For Oriol Juve, director of the Hotel Casa da Calçada, this is “very welcome news, as it demonstrates that with effort, dedication and a lot of work it is possible to achieve recognition," he also adds that the distinction was the result of a joint effort: “The team of chef Vitor Matos and the team of sommelier / maitre d’ Adacio Ribeiro has been able to continue offering innovation in the menu of the restaurant and the wines, continuing to only use products of the highest quality Chef Vitor Matos Sommelier/Maître Adácio Ribeiro (many of which are national), continuing to offer dishes with a strong connection to traditional Portuguese food, together with excellent service". After securing the and the choice was based on the shared Michelin star, the most opinion of thousands of users. Oriol Juve recognises that this distinction recognised international has had an “impact on the national The voting was led by the famous Danish media, in the mass communication and prize, Restaurante Largo restaurant Noma and El Celler de Can the social networks,” and he invites new do Paço has now been Roca (Spain). Largo do Paço came in customers to come visit the restaurant honoured with third place at third place, the only Portuguese and hotel, enjoying a stay and wine on the list of the restaurant on the list. dinners organised on a regular basis, featuring Portuguese producers. 50 best restaurants For Vítor Matos, this distinction "is a of Europe. great motive of pride for the restaurant, but also for Portugal, a country that depends heavily on its gastronomy and tourism. Getting news like this is always a positive thing. It was a great joy".

According to the chef who renewed the Michelin star in the last three years, "what distinguishes Largo do Paço is the personalised work and the quality

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Hotel Casa da Calçada: Don’t pass by without stopping

Located in Amarante, the Hotel Casa da Calçada Relais & Chateaux is set on six hectares of land in the Vinho Verde wine region, where the Quinta Calçada wines and sparkling are still produced.

The Casa da Calçada has 26 rooms and four suites, a bar, restaurant and the Salões (Great Halls) do Paço. Outside, there is a swimming pool, bar and a space set aside for events, all of which are set in perfect harmony in a centuries-old garden.

Declared by the Portuguese Government as a building of important architectural, historical Caasa d Calçada: That dream belonged to Manuel António and cultural interest, it preserves its History and a Dream Come True da Mota, founder of the Mota-Engil original baroque style, retaining the Casa da Calçada was built in the 16th century Group, which acquired the property on neo-classic elements in romantic as one of the main palaces of the count of November 24, 1969. It was in the 80s surroundings that invite the visitor to Redondo. During the French Invasions, the that what would become Hotel Casa da travel through the past in a decidedly allied commands (English and Portuguese) Calçada began to take shape. family and cosy atmosphere. were installed here. Once the building and its splendour had In the early 20th century, it became an been restored, in 2001 the Mota family important meeting place for politicians and decided to begin the project of adapting intellectuals, led by its owner António do the palace, making the building into Lago Cerqueira, born in the palace in 1880 one of the most extraordinary charming and one of the most important political hotels in Portugal. Immediately in 2003, leaders of the First Republic. it was given the "Oscar" for the Best Undertaking of the Year. The property was completely renovated in 2001 and transformed into a hotel, which Since 2005, the hotel has received many became part of the respected network and varied national and international Relais & Châteaux hotels in November 2003. distinctions, a tribute to the founder of the Group and to his dream that came A Dream Come True true. Any and all who visit this special A Casa da Calçada, as we know it today, was place located in Amarante, between born out of a dream: the dream of turning Porto and the Douro Valley, are given that space into a hotel of distinction. attention and very special care.

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PEOPLE

Mota-Engil promotes Trainee Programme in Angola

2nd International edition of the corporative programme for trainees

In harmony with the mission and objectives of the corporate programme for trainees, the 2nd international edition of start@ME, aimed at the Angolan market, is now underway, hoping to respond to the needs for the recruitment of Angolan youth who are qualified and have high potential. The formal integration of the trainees into the Mota-Engil Group was started Retaining the structure of previous in October 2012, through the corporate editions of the programme, start@ME orientation carried out in the @Mota-Engil Angola has four sequential stages: stage. › @Campus – Recruitment Initiatives for learning about the Group › @Mota-Engil – Orientation were carried out over the period of a › @Business Units – Integration week and the trainees were given the › @ME Active School – Training opportunity to connect with key people in the Organisation. The welcome Kicking off start@ME Angola, the session was presented by the Chairman @Campus stage that took place in August of the holding’s Board of Directors, “The @Mota-Engil Stage 2012 involved a partnership between António Mota, followed by various the Corporate Division of Human presentations on the Mota-Engil Group exceeded my expectations Resources and the Division of Human and the regions and business areas in the knowledge I gained Resources of Mota-Engil Angola that where the Group is active, delivered by regarding the Group’s resulted in the simultaneous recruitment some of the members of the Executive size and the quality in the Portuguese and Angolan markets Committee, including Ismael Gaspar and of 13 Angolan trainees with various Isabel Peres. Throughout that week, the of services provided in the academic backgrounds: civil engineering, trainees also had the opportunity to visit different areas.” mechanical engineering, information the companies in the various business systems, management/economics, areas, specifically Suma, Indaqua and Trainee evaluating the @Mota-Engil Stage geology and human resources. units of Mota-Engil Tourism.

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“My integration was excellent. In a very general way, I was able to be and feel I was a part of the company within the short time of experience in Portugal”.

Trainee evaluating the @Mota-Engil Stage

in the respective areas. With the objective of guaranteeing follow-up and support The group of trainees at Hotel Casa da Calçada in Amarante, to the trainees throughout the internship with the Director Oriol Juve de Yebra period, a follow-up model was defined, implemented through a partnership between the Division of Human Resources “My integration into the Ensuring the acquisition of an overall at Mota-Engil Angola and the Corporate training area was positive. I understanding of the business area and Division of Human Resources. learned a lot. I understood the training tailored to the academic background of each trainee, as well as adapted to each The 1st edition of start@ME Angola will end difficulties that a contractor one’s professional objectives, the group was in October 2013 with an evaluation of the goes through and how to find integrated into the various functional areas performance and potential of the trainees, solutions to the problems in in Portugal. identifying those who, because of their high such a way as to not affect the performance throughout the internship Thus, over a period of six weeks, each trainee period, will be invited to stay on at progress of the project”. was accompanied by a trainer who aided in Mota-Engil Angola. Trainee evaluating the completion of the activities planned for the @Mota-Engil Stage the residency period in Portugal, monitored The continued internationalisation of the the activity plan previously defined with the Corporate Orientation Programme for department for integration into Mota-Engil trainees will allow the Mota-Engil Group to Angola, and made an evaluation of the accomplish its strategy of recruiting young This stage concluded with a team building trainee’s performance. qualified staff members who have great activity, organised with the goal of potential in the markets where the Group promoting team work and the spirit of During the closing session of the @Business is working. cohesion among the trainees. Units stage in Portugal, held in December, the consensus of the trainees’ evaluations At the conclusion of the first week, the was that the experience in the programme “The clarification and trainees began the @Business Units stage, provided them with a broader and more knowledge I received a period of time divided into two separate detailed view of the Mota-Engil Group, regarding the Mota-Engil parts: being an intensive learning experience for Group exceeded all › Mota-Engil Engenharia circuit acquiring the technical knowledge that is essential to their professional development. expectations I had of the › Integration in the functional Area Group. As everything until The two-week circuit in Mota-Engil The programme took up again in January this point has been very Engenharia sought to provide the with the @Business Units stage in Angola, satisfactory, I am expectant trainees with a detailed understanding where trainees were oriented by members of the different departments, in order to of the human resources area that make of the integration in the assimilate the procedures and processes up the start@ME Angola team, also training area." of the business area where they would be completing a circuit of integration into Trainee evaluating performing duties. the company, followed by their reception the @Mota-Engil Stage

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PEOPLE

Team building Tertir The challenge launched

Team building programme involving the port companies of the Tertir universe

A team-building programme was carried › Reinforce networking between out in Coimbra on January 30 and 31, management teams and promote the involving the port companies of the Tertir vision of Tertir and the Mota-Engil universe, namely: Group. › Tertir The team-building programme included › Liscont an innovative methodology, using lego › Sotagus bricks, with which the work groups › Sadoport progressively shared their visions company by company, until they arrived › Socarpor Aveiro at a unanimous vision encompassing the › TCL main opportunities and future paths for Tertir. This initiative, coordinated by the Tertir Board of Directors in conjunction with An action proposal resulted from this the human resources department of session, identifying the priority areas Mota-Engil Environment and Services, for intervention and solutions to be was directed toward those who are implemented in order to promote the responsible for the operations at the Tertir strengthening of Tertir’s bricks. companies, the main objectives being to:

› Promote reflection on the main This initiative was directed concerns and priorities placed on port toward those who are activity; responsible at the Tertir companies and included an › Foster the sharing of ideas and solutions that can contribute to the innovative methodology, response to challenges faced by Tertir; using lego pieces.

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An action proposal resulted from this session, identifying the priority areas for intervention and solutions to be implemented in order to promote the strengthening of Tertir’s business.

21

“This should be done again. Practice promotes excellence”

3 4 “Development of the Group companies in network”

“Excellent for sharing good practices and leveraging Tertir's 5 6 business”

Photo 1 › Integrated vision of Tertir, where all the port operators have a fundamental role in good business performance (companies represented by the gears: Liscont, Sotagus, Sadoport, “Inovative and Socarpor Aveiro, Sealine, TCL) Photo 2 › Tertir, seen in a scenario in which each company operates in an isolated manner (the extremely effective” brand is lost and the obstacles increase) Photos 3 and 4 › Preliminary phase in building individual and shared visions of Tertir companies, highlighting the existing opportunities and threats to port activity Comments by the Programme's participants Photos 5 and 6 › The participants, organised into mixed work groups, building proposals and solutions for Tertir

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PEOPLE

C hrisTMAS Lunch 2012 “We must keep on doing what we know best” antónio Mota Teresa Mota and António Mota receiving their 35 years awards

The 2012 edition In his speech, Jorge Coelho expressed his António Mota and Teresa of Mota-Engil’s Christmas gratitude for the contribution and effort of all Mota honoured those who daily go about their duties in spite It was also at this year’s Christmas lunch brought together of the adverse conjuncture and who always lunch that the Chairman of the board approximately 1700 seek to give their best. of Directors, António Mota, and employees at Europarque, Board member Teresa Mota were António Mota recalled that his speech in surprised by their children as they in Santa Maria da Feira 2011 had already called attention to the were given seniority awards for 35 situation in the country and Europe and years of service to the company. This annual event is a time of unity and that in 2012 little had changed, with the sharing that allows colleagues from various crisis affecting even more countries and the Also honoured for length of service parts of the world and subsidiaries to Portuguese situation becoming increasingly were: socialise as they gather on this day. more delicate. In spite of this, he reiterated his confidence in the Group’s work, but left › 45 ANOS Manuel Carlos It was also on this occasion that the the warning that “we cannot get distracted!” Mota-Engil 1+1 challenge for this year was › 40 ANOS presented. Each employee received a skein During his speech, the Chairman of the Fernando Varandas of yarn and was challenged to create wool Board of Directors also launched the motto Jaime Costa squares that are now being transformed – “We are capable and we have proved it” – Joaquim Silva into cosy blankets that will be donated for the implementation of the “Ambition 2.0” › 35 ANOS to various social solidarity institutions. Strategic Plan and for the continued work António Mota In keeping with the custom, the seniority and effort that will be necessary to overcome Augusto Barros awards were presented after lunch. In 2012, the challenges to be faced. Fernando Roseira 180 employees were honoured for 15, 25, Gilberto Pereira 35, 40 and 45 years of service to the Group. On a demanding course that the Group José Dias describes with the expression “We are what José Rebelo Luís Neves At the close of this gathering, the we do”, António Mota, looking to the horizon Manuel Gamas opportunity to speak was given to the and seeking to rekindle motivations in the Manuel Sousa then-CEO of the Group, Jorge Coelho, and face of new challenges being encountered, Manuela Feliciano to the Chairman of the Board of Directors, concluded his talk by reformulating the Teresa Mota António Mota. motto into “We will be what we do!”

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Foundation and Mota-Engil Angola join together for health prevention of Angolan The preventive health and medic care action was pointed to a group of 1,300 children, with ages between 5 and 12 years children

With the combined support of Manuel infectious illnesses, the referral of detected This initiative, as a result António da Mota Foundation and Mota- cases to a qualified hospital unit and of the protocol that was Engil Angola, and under the protocol the delivery or administration of urgent signed, aims to provide free signed with the Embassy of the Federation medication as needed. An oral hygiene of Independent Priories of the Sovereign education session was held and dental medical care to the neediest Order of St. John of Jerusalem – Knights of hygiene kits were distributed to the population groups in the Malta, the province of Cabinda (Angola) was children. various provinces of Angola the setting for an action of health prevention and medical assistance targeted towards a This initiative, as a result of the protocol group of 1,300 children between 5 and 12 that was signed, aims to provide free years of age that took place in December. medical care to the neediest population groups in the various provinces of Angola, The launching of the action was attended a task that is the responsibility of the by members of the Boards of Directors of Embassy of the Federation through its Mota-Engil Angola and the Foundation as well health workers, who volunteer their as Cabinda provincial authorities, represented services for the carrying out of these by the vice-governor of the province, and measures. the Secretaries of Education and Health. Also attending were other individuals from Mota-Engil employees also participated Lândana, a place with particular symbolic as volunteers in the carrying out of this meaning to the Mota-Engil Group since it initiative, which was highly successful, was there that Mota & Company began its thus associating itself once again with operations, under the direction of its founder initiatives of solidarity and responsibility Manuel António da Mota. for Angolan children, in particular those coming from less fortunate environments, The “Health Plus – For a better future” in an area as vital as health prevention initiative included screening for contagious and care.

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SUSTAINABILITY

MAL NUE ANTÓNIO DA MOTA AWARD DISTINGUISHES ALZHEIMER PORTUGAL

Ceremony attended by the Portuguese Minister of Solidarity and Social Security, Pedro Mota Soares

“We received high-quality The Manuel António da Mota Foundation Presented at that same ceremony was nominations and we know organised the Active Portugal Conference, the Manuel António da Mota Award, which took place at the Palácio da Bolsa, in which this year was associated with that the awards we presented Porto. Attendees at the conference included the efforts of the European Year in the were used to carry out the Chairman of the Mota-Engil Board of defence and promotion of a society projects that we all, Directors, António Mota, and the Minister for all ages. Ten institutions were as Portuguese, should take of Solidarity and Social Security, Pedro recognised for their contributions to the Mota Soares, who closed the ceremony. strengthening of the contribution made pride in”. by the elderly in our society and to the António Mota Also present at the conference were solidarity between generations. Father Lino Maia, President of the Portuguese Confederation of Institutions In its third edition, the quality of the of Solidarity (CNIS); Manuel Sobrinho nominees for the award was once again a Simões, scientist and medical doctor; and dominant factor, highlighted by António Manuela Ramalho Eanes, Chairperson Mota in his speech when, in looking back of the Board of Curators for the Manuel on the three editions, he stated that “we António da Mota Foundation. received high-quality nominations and we know that the awards we presented The President of the Portuguese Republic, were used to carry out projects that we Aníbal Cavaco Silva, and the President of the all, as Portuguese, should take pride in”. European Commission, José Manuel Durão Barroso, sent messages demonstrating In his speech, the Chairman of the Board their support and recognition for the work of Directors assessed the Foundation’s carried out by the Foundation. activities in 2012, highlighting the

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development of ways to support people with Alzheimer’s, or other forms of dementia, and their caregivers.

Rui Pedroto, executive director of the Manuel António da Mota Foundation, praised and commended the effort and dedication of the countless national organisations that are doing exemplary work in active aging, a fundamental and structuring issue in Portuguese society and in Europe. He further emphasised Group photography with members of Manuel António da Mota Foundation the growing participation seen in the and representatives of the ten selected entities. Manuel António da Mota Award and the tremendous involvement that this award has generated among organisations and civil society. expansion in solidarity efforts to other countries, mentioning examples of Along with the award-winning initiatives and projects carried out and Alzheimer Portugal, nine institutions affirming with obvious pride that “I were also awarded with an honourable therefore have the feeling that this is mention of 5,000 euros each: Cultural a Manuel António da Mota Foundation and Social Aid Association of Olhão, closer to my father’s spirit, promoting Theatre Construction Association, social solidarity in all the countries Évora Town Hall, Valado dos Frades where Mota-Engil is found.” Social Centre, Serralves Foundation, António da Mota with the Minister of Solidarity and Social Security, Republican National Guard, PROSALIS Regarding the winner of the award, Pedro Mota Soares – Lisbon Health Project, Bragança in the amount of 50,000 euros, the Santa Casa da Misericórdia (hospital) jury was unanimous in presenting and UNIFAI/ICBAS-UP (Research and the distinction to Alzheimer Portugal Training Unit on Adults and Elderly/ for its projects carried out to promote “I therefore have the feeling Abel Salazar Institute of Biomedical active aging and solidarity between that this is a Manuel António Sciences) Universidade do Porto. generations. da Mota Foundation closer Lastly, fado singer Carlos do Carmo In the last few years the association to my father’s spirit, joined the initiative and embellished the has distinguished itself in the promoting social solidarity ceremony with some of his musical hits, dissemination of information about in all the countries where once again contributing to making this Alzheimer’s and fostered the study of ceremony a moment of solidarity and this illness and research into its causes, Mota-Engil is found". tribute to the Group’s founder, Manuel effects and treatments, including the António Mota António da Mota.

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The President of the Autonomous Region mobility, as in the sanitary installations, for of Madeira, Alberto João Jardim, was example, that were designed specifically present for the handing over of the keys for use by the elderly and people with to the 18 apartments that Mota-Engil phisycal disabilities. Engenharia built on the island of Madeira APARTMENTS BUILT to relocate some of the families affected Besides the ground floor, especially for by the storm on February 20, 2010. people with a higher degree of limitations, BY MOTA-ENGIL this building has two floors with direct In one of the largest of the aid efforts ground level access to the exterior, DELIVERED TO THE made following the natural disaster that thus facilitating accessibility to these hit the region, Mota-Engil built the Santo habitations. VICTIMS OF THE Amaro V housing complex, consisting of STORM OF 2010 IN 18 apartments, integrated in the housing With this initiative, the Mota-Engil Group complex of Santo Amaro, in the parish of wished to express in its actions the value MADEIRA Santo António, municipality of Funchal. of social responsibility and meet the needs for reconstruction in some of the areas of The overall total of the donation Madeira that were severely affected by the A total of 1.2 million euros amounted to 1.2 million euros, as storm. in aid from Mota-Engil Mota-Engil participated not only in the construction of the housing units, but also in the assistance, clean up and removal of debris from the streambeds, in line with Mota-Engil Engenharia the Group’s social responsibility policy. built 18 apartments on the island of Madeira to The building was constructed on land made available by the Regional relocate some of the families Government, with special attention given affected by the storm to the resettlement of people with reduced on February 20, 2010.

Martinho Oliveria, CEO of Mota-Engil Engenharia e Construção, and the President of the Autonomous Region of Madeira, Alberto João Jardim, at the ceremony of handing the apartments

Pictures given by Jornal da Madeira Pictures given by Jornal da Madeira

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Foundation concludes third phase of project for a total of 15 habitations

António da Mota and the Mayor of Porto, Rui Rio, at the inauguration renovated in the of the 15th renovated dwelling city of Porto

At the conclusion of the third phase in the past or today, and for this reason of Porto Amigo, a project of social aid Mota-Engil and the Manuel António in the renovation of dwellings in the da Mota Foundation will continue this city of Porto, the moment was marked and other programmes in the hopes of symbolically with an inauguration of improving the living conditions for those one of the renovated dwellings, the 15th who need it”. in this project launched in 2009 through a partnership between the Porto Social The example of the kind nature of this Foundation (Porto City Hall) and the project was evident to those present at Manuel António da Mota Foundation. the ceremony when a fully renovated dwelling was presented to 85-year old Attending the ceremony were the Mayor Maria Julieta, giving great satisfaction to of the Porto, Rui Rio, the Chairman the someone who was living in a place that Mota-Engil Board of Directors, António was around 80 years old and had never Mota, and the Chairman of the Manuel had any improvements. Situated on an António da Mota Foundation Board of island in Rua de São Vítor, the building Directors, Maria Manuela Mota. was extremely rundown.

The Mayor thanked António Mota For Rui Pedroto, Executive Director of The conclusion of the third personally by saying “the generosity of the Foundation, “the project’s outcome is phase of Porto Amigo, Mota-Engil in carrying out its activities of very positive. With the set of interventions a project of social aid in the a social nature contributes to substantially made over the last three years, we have changing the quality of life for many helped provide proper living conditions renovation of dwellings people, in this case, inhabitants of Porto.” for elderly people in the city of Porto, in the city of Porto, solving a housing problem that in some the moment was marked In return, António Mota emphasised cases has been dragging on for decades”, symbolically with an that “it is Mota-Engil’s obligation, the he added, concluding that this project will obligation of all those who have more, to continue to be carried out in a sustainable inauguration of one of the minimise the problems in society whether and reinforced manner. renovated dwellings.

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The Manuel António da Mota Foundation and Habitat for Humanity Portugal renovate three dwellings in 2012 Team of volunteers at Gondar

Thanks to volunteer work and donations, water seepage, a lack of WC facilities Habitat for Humanity Portugal builds, and unsafe conditions. The household rebuilds and repairs houses in a system consists of a 76-year old father and his of mutual aid between the benefitted 40-year old daughter, who suffers from families and the volunteer groups. mental and physical disabilities.

Under the protocol signed with Habitat, The second dwelling, located in the in 2012 the Foundation contributed to parish of Canadelo, belongs to a family the reconstruction of three additional composed of a couple, both 56 years dwellings for needy families in the old, and four children. The family, in municipality of Amarante, through dire economic straits, lived in a house Under the protocol signed financial support, the donation of without the minimum conditions of with Habitat, in 2012 the materials and equipment, and the comfort, safety and health. Foundation contributed mobilisation of volunteers from the Mota-Engil Group. The third dwelling is located in the to the reconstruction parish of Fridão. The renovation works of three additional dwellings The first dwelling was delivered in the were to conclude repair works that had for needy families. parish of Gondar, which was extremely been done in 2011. dilapidated, with problems of humidity,

In continuation of that which has become The Manuel António da Mota customary within the scope of the Porto Foundation was present PORTO de Futuro project and the partnership established with the Manoel de Oliveira at that grouping’s Christmas DE FUTURO Schools Vertical Grouping, the Manuel party to hand out awards António da Mota Foundation was present to students. at that grouping’s christmas party to hand Foundation gives out awards out awards to students on the Honour and to students of the Manoel excellence roll, who earned that distinction de Oliveira School Grouping through their academic performance.

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