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Breakthrough Ceremony for Monte Olibano Tunnel on the Cumana Railway Line
BREAKTHROUGH CEREMONY FOR MONTE OLIBANO TUNNEL ON THE CUMANA RAILWAY LINE The tunnel, built by Astaldi Group, allows for the upgrading and expansion of a strategic transport infrastructure for the metropolitan area of Naples and for the whole Phlegrean catchment area Naples, 2 July 2020 – The breakthrough ceremony for Monte Olibano tunnel, which forms part of the project to upgrade and expand the Cumana Railway, was held this morning in Naples and was attended by Vincenzo De Luca , President of Campania Region , Vincenzo Figliolia , Mayor of Pozzuoli , Umberto De Gregorio, Chairman of EAV , as well as Paolo Astaldi , Chairman of Astaldi Group , and Filippo Stinellis , CEO of Astaldi Group. The new tunnel forms part of the project to double the Cumana Railway line along a section measuring approximately 5 km and includes, inter alia, works to adjust the route of the old single-track Monte Olibano tunnel, construction of new stations in Pozzuoli and Cantieri, updating of Gerolomini station and works to double the railway track for the Dazio- Cantieri section. Performance of these works will make it possible to finally complete doubling of the railway line, allowing for an underground-style transport service on the complete Cumana line, with a high frequency of trains and high safety standards. Completion of the planned upgrading and expansion of the railway is scheduled for June 2023. The network, which comprises the Cumana and Circumflegrea lines and 33 stations, serves the whole of the western part of the Naples metropolitan area and the Phlegrean catchment area, a highly-populated area that is set to expand even further as a result of the constant growth of housing and tourism. -
Assessment of Social Vulnerability Using Geographic Information Systems: Pendik, Istanbul Case Study
Assessment of Social Vulnerability Using Geographic Information Systems: Pendik, Istanbul Case Study Zeynep Haki, Zuhal Akyürek, Şebnem Düzgün Middle East Technical University, Natural and Applied Sciences, Geodetic and Geographic Information Technologies 06531- Ankara, Turkey [email protected], [email protected], [email protected] SUMMARY This study aims to develop a methodology to define vulnerable groups in terms of their social conditions for any possible hazard, with Geographical Information Systems (GIS) technology, in the case study area of earthquake-prone Pendik, Istanbul. In the calculation of social vulnerability certain indicators were estimated and used as criterion data. Criterion standardization, weighting and combining were accomplished by means of multi-criteria evaluation (MCE) methods, the theoretical background being based on the multi-attribute utility theory (MAUT). In order to avoid the subjectivity of the assessment, 10 more evaluations are utilized. The results show that, the income- and educational-level indicators are the most important factors in defining the social vulnerability. These outputs are supported with some explorative spatial data analyses to understand global trends and spatial interactions in order to be used in pre- and post-disaster planning. Besides, to determine the physical effects of basic services and transportation, some GIS Analyses are applied. The objectivity of the assessment and the complicated structure of the study data are discussed for an effective disaster management. The main outcomes of the methodology and its applications show that, the southwest part of Pendik is socially vulnerable to any possible hazard. KEYWORDS: Social Vulnerability Assessment, Pre- and Post-Disaster Planning, Disaster Management, Spatial Data Analysis, GIS, Pendik-İstanbul INTRODUCTION Natural hazards are the reality of today’s world, which considerably affect people’s living conditions. -
Sold the Third Bosphorous Bridge in Turkey
ASTALDI: SOLD THE THIRD BOSPHOROUS BRIDGE IN TURKEY Rome, 19 March 2020 – Astaldi S.p.A. (“Astaldi” or the “Company”) informs that it has signed the closing on the sale of its interest in the concession for the construction and operation of the Northern Marmara Highway (the “Third Bridge”) in Turkey to IC Ictas Sanayi ve Ticaret A.S. (“Ictas”). The agreement signed with Ictas – already evaluated by the Court of Rome as offering the best protection of creditors within the composition procedure that Astaldi is currently carrying out – includes terms and conditions that are consistent with the composition proposal filed by the Company, and to wit: (i) the transfer to Ictas of the whole interest held by Astaldi in the Concessionaire of the Third Bridge (the “Concessionaire”) and of the relevant receivables, at a price of USD 315 million. This purchase price shall be paid net of a) the offsetting items with Ictas as per point (ii), b) the repayment of the other Turkish creditors (by virtue of the non-recognition of the composition arrangement in Turkey) for an amount of approximately EUR 142 million, in accordance with the arrangements provided for in the Composition Plan, as well as c) the relevant transaction cost; (ii) the waiving of any Ictas’ claim against Astaldi in relation to the projects in partnership, as a result of the getting out of said projects (both in Turkey and Russia); (iii) the purchase price, net of the items as per point (i) shall be paid in a single payment on receipt of the payment of the sale price by Ictas that the same is negotiating with a consortium of Chinese entrepreneurs (the “Chinese Consortium”) for selling the majority share of the capital of the same Concessionaire, or, in the absence of an agreement between Ictas and the Chinese Consortium, in annual instalments, in addition to the accrued interest, by the fourth quarter 2023. -
Interim Financial Report at 30 June 2017 Astaldi Group
Translation under review from the Italian original, that remains the definitive version Interim Financial Report at 30 June 2017 Astaldi Group 0 Translation under review from the Italian original, that remains the definitive version ASTALDI Società per Azioni Registered Office/Head Office: Via Giulio Vincenzo Bona 65 - 00156 Rome (Italy) Registered with the Companies Register of Rome Tax Code no.: 00398970582 R.E.A. no. 152353 VAT no. 0080281001 Share capital: EUR 196,849,800.00 fully paid-in 1 Interim Financial Report at 30 June 2017 | Astaldi Group Translation under review from the Italian original, that remains the definitive version Interim Report at 30 June 2017 _______________________________________________________________________________________ _ 4 _ GENERAL INFORMATION _ 7 _ INTERIM REPORT ON OPERATIONS _ 57 _ CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS MANAGEMENT CERTIFICATION MISSION Astaldi Group’s mission is to contribute to developing and improving the quality of life in the countries where it operates. It does so by adopting its own style, which sees design, construction and operation of major infrastructures go hand in hand with integration with the territory and training of the people involved. Astaldi translates ideas into reality, meeting the needs of its own customers and opening new paths to progress by constructing state-of-the-art works able to combine functionality and aesthetic beauty. Astaldi Group is representative of Italy as regards infrastructures worldwide. It has long exported technology, know-how and innovative solutions, establishing a real partnership with customers. Astaldi contributes to the affirmation of Italy’s excellence the world over, cultivating talent and optimising brilliance. 2 Interim Financial Report at 30 June 2017 | Astaldi Group Translation under review from the Italian original, that remains the definitive version ELT (Extremely Large Telescope), Chile (The world’s largest optical telescope) First Stone Ceremony for ELT | 26 May 2017. -
2019 Annual Report Annual 2019
a force for good. 2019 ANNUAL REPORT ANNUAL 2019 1, cours Ferdinand de Lesseps 92851 Rueil Malmaison Cedex – France Tel.: +33 1 47 16 35 00 Fax: +33 1 47 51 91 02 www.vinci.com VINCI.Group 2019 ANNUAL REPORT VINCI @VINCI CONTENTS 1 P r o l e 2 Album 10 Interview with the Chairman and CEO 12 Corporate governance 14 Direction and strategy 18 Stock market and shareholder base 22 Sustainable development 32 CONCESSIONS 34 VINCI Autoroutes 48 VINCI Airports 62 Other concessions 64 – VINCI Highways 68 – VINCI Railways 70 – VINCI Stadium 72 CONTRACTING 74 VINCI Energies 88 Eurovia 102 VINCI Construction 118 VINCI Immobilier 121 GENERAL & FINANCIAL ELEMENTS 122 Report of the Board of Directors 270 Report of the Lead Director and the Vice-Chairman of the Board of Directors 272 Consolidated nancial statements This universal registration document was filed on 2 March 2020 with the Autorité des Marchés Financiers (AMF, the French securities regulator), as competent authority 349 Parent company nancial statements under Regulation (EU) 2017/1129, without prior approval pursuant to Article 9 of the 367 Special report of the Statutory Auditors on said regulation. The universal registration document may be used for the purposes of an offer to the regulated agreements public of securities or the admission of securities to trading on a regulated market if accompanied by a prospectus or securities note as well as a summary of all 368 Persons responsible for the universal registration document amendments, if any, made to the universal registration document. The set of documents thus formed is approved by the AMF in accordance with Regulation (EU) 2017/1129. -
ASTALDI WILL BUILD the SUSPENSION BRIDGE OVER the DANUBE in the BRAILA AREA in ROMANIA Contract to Have a Total Value Equalling Approximately EUR 435 Million
ASTALDI WILL BUILD THE SUSPENSION BRIDGE OVER THE DANUBE IN THE BRAILA AREA IN ROMANIA Contract to have a total value equalling approximately EUR 435 million Rome, 17 January 2018 – Astaldi announces that, in a joint venture, it has been awarded the contract to build a suspension bridge over the Danube, in the Braila area in Romania. The value of the works totals approximately EUR 435 million, with Astaldi responsible for a 60% share. The contract calls for designing and building a suspension bridge totalling 1,975 metres in length, with a main span of 1,120 metres, and two side spans 490 and 365 metres long. Two bridge access viaducts, 110 metres in length, will also be built, in addition to 23 kilometres of connecting roads. For the performance of the works, one year is planned for design and 3 years for construction. The Customer is CNAIR, the state company headed by Romania’s Ministry of Transport and Infrastructure. The works are included in the Master Plan for the country’s transport, and are financed with dedicated EU funds under the Large Infrastructure Operational Programme (LIOP). The design and construction will be carried out in a joint venture by Astaldi (the leader, with a 60% share) with the Japanese company IHI (40%). IHI is the world leader in design and construction of suspension bridges and it has already worked with Astaldi for the construction of the Osman Gazi Bridge in Turkey, the world’s 4th longest suspension bridge and part of the Gebze-Orhangazi-Izmir Motorway. The Astaldi Group has been in Romania for more than 25 years, having already built more than 100 kilometres of railways and undergrounds, 250 kilometres of roads and motorways, and 2 international airports (Henri Coanda in Otopeni, Bucharest and Avram Iancu in Cluj-Napoca). -
Astaldi Group
Astaldi Group “The project resulted in an improved planning process and an improved CASE STUDY analysis of profit and loss and financial position. Furthermore, the project has been the catalyst for change management within the organization, including forecasting our profit and loss and financial positions based on individual customer projects. This has resulted in a 50% reduction in manual processes.” Company Marco Caucci Molara CEO, Astaldi Concessioni Astaldi Group Head of Strategic Planning and Control, Astaldi Industry The Challenge Construction Market growth and increased international investment created the need to collect and consolidate financial data from 16 countries on five continents, manage multiple Replacement currencies, analyze foreign exchange differences and associated impact and risks (i.e., hedging, multi-scenario and currency assumptions, cash pooling for operations) and Oracle-Hyperion Enterprise revamp the cash flow planning processes from a short-term to a medium-to-long-term forecasting horizon. Uses of CCH Tagetik Moreover, the need to support top management decision-making processes with an enterprise risk management application set the challenge to create a structured risk • Balance Sheet and Financial management methodology that could also be integrated with the business processes of Planning all groups. This also resulted in the need for stringent analysis, control, and constant • Managerial and Statutory monitoring of performance including foreign exchange differences, profit and loss Consolidation forecasting, and scenario analysis. • Budgeting • Executive Dashboard A few of Astaldi’s key requirements were the ability to plan cash flow at the project, company, sub-group and group levels, generate rolling cash flow forecasts, produce • Project Risk Management balance sheets by project, and create statements of uses, sources of funds, and invested • Disclosure Management capital. -
Salini Impregilo Starts Work on Sicily Rail Line
PRESS NOTE SICILY TO SEE JOB CREATION WITH CONSTRUCTION OF BICOCCA-CATENANUOVA RAILWAY SECTION MILAN, March 25, 2019 – “Today we celebrate in Sicily not only the start of a strategic project but also a relaunch of Sicily itself which, with this new section of the Palermo – Catania railway, welcomes this opportunity to further the development of the island’s infrastructure and create jobs in a region that has seen high levels of unemployment and a loss of workers to other areas of the country. This project alone will provide work for a combined total of 1,000 people , helping relaunch employment in the region for 1,000 families, especially Sicilian ones,” said Pietro Salini, Chief Executive of Salini Impregilo, at a ceremony celebrating the start of the €186-million project to expand the 38-kilometre Bicocca and Catenanuova section of the railway line between Palermo and Catania. The project belongs to a European Union initiative to create the so-called TEN-T network to connect and improve the functioning of the continent. “This is an important project for the people who will work on it as well as those who will eventually benefit from a faster connection between the two parts of the island. The effect that this project will have today and when it will be completed is proof of how much it is a priority for Italy to relaunch the entire infrastructure sector and create jobs. Our company has been present in Sicily for nearly 100 years but it has been away from it for 15 of them. -
105 (May, 2017)
ArAS News N E W S L E T T E R ARMENIAN ASTRONOMICAL SOCIETY (A r A S) No. 105 (May, 2017) ___________________________________________________________________ Editor: Sona FARMANYAN ArAS Newsletter online at: http://www.aras.am/ArasNews/arasnews.html ___________________________________________________________________ CONTENTS 1 IAU Symposia 2018 3 IVOA Interoperability 2 4-6 Report 3 MEARIM IV report 7 The Shaw Prize Foundation Announced 4 7 the Shaw Laureates for 2017 The Gruber Prize 5 Foundation Announced 8 the Laureate for 2017 First Stone Ceremony for 7 ESO's Extremely Large 9-10 Telescope The 2nd Astronomical Silk 6 11 Road ANSEF announces 2018 8 12 competition Release of Astrocurier 9 13 Newsletter May Issue Release of IAU Astronomy 10 Outreach Newsletter 2016 14 #1 Anniversaries: Benik TUMANIAN-100, 11 15-16 Nina IVANOVA-95, Nikolai Bochkarev-7019.05.1947 June Calendar of 12 17 Astronomical Events Meetings & Schools IAU Symposia 2018 The IAU Executive Committee has decided the list of the IAU symposia to be held in 2018; 3 before the IAU General Assembly (GA) and 7 during the IAU GA, totaling 10 IAU symposia in 2018. IAU S340: Long-term datasets for the understanding of solar and stellar magnetic cycles 19-23 Feb 2018, Jaipur, India IAU S341: Challenges in Panchromatic Modelling with Next Generation Facilities 02-06 Apr 2018, Osaka, Japan IAU S342: Perseus in Sicily: from black hole to cluster outskirts 14-18 May 2018, Noto, Italy IAU Symposia during the IAU General Assembly IAU S343: Why Galaxies Care About AGB Stars: A Continuing -
€200,000,000 5.875 Per Cent. Notes Due 15 December 2025 (To Be Consolidated and Form a Single Series with the €550,000,000 5.875 Per Cent
(incorporated with limited liability under the laws of the Republic of Italy) €200,000,000 5.875 per cent. Notes due 15 December 2025 (to be consolidated and form a single series with the €550,000,000 5.875 per cent. Notes due 15 December 2025 issued on 15 December 2020) Issue Price: 102 per cent. The issue price of the €200,000,000 5.875 per cent. Notes due 15 December 2025 (the “New Notes”) of Webuild S.p.A. (the “Issuer” or “Webuild”) is 102 per cent. of their principal amount (plus €1,416,438.36 accrued interest on the principal amount of the New Notes in respect of the period from, and including, 15 December 2020 to, but excluding, the New Issue Date (as defined below)). The New Notes will, on the Exchange Date (as defined in “Summary of Provisions Relating to the New Notes in Global Form” below), be consolidated and form a single series with the €550,000,000 5.875 per cent. Notes due 15 December 2025 (the “Original Notes” and, together with the New Notes, the “Notes”) of the Issuer issued on 15 December 2020 (the “Original Issue Date”). Unless previously redeemed or cancelled, the Notes will be redeemed at their principal amount on 15 December 2025. The Notes are subject to redemption, in whole but not in part, at their principal amount, plus interest, if any, to the date fixed for redemption at the option of the Issuer at any time in the event of certain changes affecting taxation in the Republic of Italy. -
The Study on Integrated Urban Transportation Master Plan for Istanbul Metropolitan Area in the Republic of Turkey
Istanbul Metropolitan Municipality & Japan International Cooperation Agency (JICA) THE STUDY ON INTEGRATED URBAN TRANSPORTATION MASTER PLAN FOR ISTANBUL METROPOLITAN AREA IN THE REPUBLIC OF TURKEY Final Report January 2009 IMM Directorate of Transportation Planning & ALMEC Corporation Nippon Koei Co., Ltd Exchange Rate used in the Report (as of August 2008) YTL 1.0 = US$ 0.86 = EU 0.64 = JY 92 US$1.0 = YTL 1.16 EU 1.0 = YTL 1.54 JY 1000 = YTL 10.9 PREFACE In response to a request from the Government of the Republic of Turkey, the Government of Japan decided to conduct “The Study on Integrated Urban Transport Master Plan for the Istanbul Metropolitan Area” and entrusted to the study to Japan International Cooperation Agency (JICA). JICA selected and dispatched a study team headed by Mr. Tetsuo Wakui of ALMEC Co., LTD. And consists of ALMEC Co., LTD. And NIPPON KOEI Co., LTD. between June, 2007 and October, 2008. The team held discussions with the officials concerned of the Government of the Republic of Turkey and conducted field surveys at the study area. Upon returning to Japan, the team conducted further studied and prepared this final report. I hope that this report will contribute to the promotion of this project and to the enhancement of friendly relationship between our two countries. Finally, I wish to express my sincere appreciation to the officials concerned of the Government of the Republic of Turkey for their close cooperation extended to the study. January, 2009 EIJI HASHIMOTO, Vice President Japan International Cooperation Agency January 2009 HASHIMOTO Eiji Vice President Japan International Cooperation Agency Tokyo Letter of Transmittal Dear Sir, We are pleased to formally submit herewith the final report of the Study on Integrated Urban Transportation Master Plan for Istanbul Metropolitan Area In the Republic of Turkey. -
Transport Connections Between Airports and Interaction of Airports with Other Transportation Types: an Implementation in Istanbul
4th Global Business Research Congress (GBRC - 2018), Vol.7-p.388-392 Uzulmez, Ates, Lik, Kaya TRANSPORT CONNECTIONS BETWEEN AIRPORTS AND INTERACTION OF AIRPORTS WITH OTHER TRANSPORTATION TYPES: AN IMPLEMENTATION IN ISTANBUL DOI: 10.17261/Pressacademia.2018.922 PAP- V.7-2018(75)-p.388-392 Mevlut Uzulmez1, Savas S. Ates2, Hasan Lik3, Tolga Kaya4 1Erciyes University, Faculty of Aeronautics and Astronautics, Aviation Management Department, Kayseri, Turkey. [email protected], ORCID: 0000-0002-4606-7468 2Anadolu University, Faculty of Aeronautics and Astronautics, Aviation Management Department, Eskisehir, Turkey. [email protected], ORCID: 0000-0003-2462-0039 3Anadolu University Faculty of Aeronautıcs and Astronautics, Eskisehir, Turkey. [email protected], ORCID: 0000-0002-5981-4223 4Anadolu University Faculty of Aeronautıcs and Astronautics, Eskisehir, Turkey. [email protected], ORCID: 0000-0002-9250-1499 To cite this document Uzulmez, M., Stes, S. S., Lik, H., Kaya, T. (2018). Transport connections between airports and interaction of airports with other transportation types: an implementation in Istanbul. PressAcademia Procedia (PAP), V.7, p.388-392. Permemant link to this document: http://doi.org/10.17261/Pressacademia.2018.922 Copyright: Published by PressAcademia and limited licenced re-use rights only. ABSTRACT Purpose- Istanbul, the busiest city of Turkey, is having transportation problems because of the rapid population growth especially during the last 20 years. Main purpose of this study is to analyze the current passenger and freight relocation between Atatürk and Sabiha Gökçen Airport with railway, highway and seaway in İstanbul/TURKEY and to determine the possible effect of Ro-Ro and Ro-La models (WOXENIUS & LUMSDEN, 1994).