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ARCAF Arcadis NV - New York Registry Shares (MM)

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Share Name Share Symbol Market Type
Arcadis NV - New York Registry Shares (MM) NASDAQ:ARCAF NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

ARCADIS Wins Large Contract for Rail Renewal in Poland

31/01/2008 7:00am

PR Newswire (US)


Arcadis (NASDAQ:ARCAF)
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ARNHEM, The Netherlands, January 31 /PRNewswire-FirstCall/ -- ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, today announced that a consortium consisting of ARCADIS and Koltech Company has signed a EUR4.4 million contract for construction management for the Polish railroads. The consortium partners will supervise the modernization of a 65 kilometer long stretch of railroad between Warsaw and Nasielsk. The project is estimated to take 4 years and is co-financed by the European Union Cohesion Fund. The local project sponsor is the PKP Polish Railway Lines. The Warsaw - Nasielsk section is part of the Warsaw - Gdynia railway. This Trans-European railway line is an important link between Scandinavia and Southern European countries. The main goal of the upgrade is to increase train speeds, while enhancing traffic capacity. For passenger trains, maximum speeds are raised to 200 km/h while freight trains will be able to reach speeds up to 120 km/h. In addition, transport quality and safety standards will be upgraded, particularly by introducing two-level crossings and modern signalling systems. Environmental protection will also be a key point of attention during the project, among other things through the reduction of risks related to the transport of hazardous materials. The construction value to be supervised in this project exceeds EUR300 million. This is the third rail supervision project for ARCADIS in Poland, underlining the company's leading position in the Polish rail infrastructure market. "Higher safety standards, more comfort and shorter travel times are key ingredients in getting more passengers into the Polish trains," said Mr. Marek Adamek, CEO of ARCADIS in Poland. "In addition, the project aims to reduce infrastructure maintenance cost, while making rail more competitive with other forms of transportation where it comes to speed and punctuality." ARCADIS is an international company providing consultancy, engineering and management services in infrastructure, environment and facilities, to enhance mobility, sustainability and quality of life. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than 12,000 employees and over EUR1.5 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions. Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These and other risks are described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company. Visit us on the internet: http://www.arcadis-global.com/ DATASOURCE: ARCADIS NV CONTACT: For more information contact: Joost Slooten of ARCADIS at 31-26-3778604 or e-mail at .

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