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[Ramses2I]

OCI Enters New Joint Venture in Spain



OCI acquires 50% stake in largest independent aggregates and ready-mix concrete producer in Spain



Cairo, Egypt - 9 October 2006: Orascom Construction Industries announced that it has acquired a 50% stake in Group GLA (GrupoGLA), the largest independent aggregates and ready-mix concrete producer in Spain. The Group was founded by the prominent Monje Tuñon family who will continue to be joint venture partners in the business. Group GLA has operations in aggregates and ready-mix concrete throughout Spain with a focus on the Madrid and Valencia markets. The Company also has operations in mortar and pre-cast concrete production and application.

OCI has acquired Group GLA shares for a total cash consideration of EUR 51.3 million and contributed its 59% stake in its subsidiary Cimentos La Parilla (CLP), the Spanish owner and operator of a clinker grinding plant located north of Madrid acquired in late 2005, to arrive at its 50% stake. The new joint venture partners have committed to an immediate capital increase of EUR 40 million.

Group GLA has an annual quarrying capacity of around 5 million tons of aggregates on the back of more than 240 million tons worth of reserves spread over eleven quarries throughout Spain. The Group has an annual production capacity of 3.5 million cubic meters of ready-mix concrete. The new joint venture will also now control and operate 1.5 million tons of clinker grinding capacity in two locations north and south of Madrid respectively which will result in significant synergies. Group GLA generated revenue of EUR 84 million with an EBITDA of EUR 10 million during the first half of 2006.

OCI Chief Executive Officer, Nassef Sawiris commented “Spain is the largest cement consumer in Europe and continues to be one of the world’s largest importers of cement with an annual supply deficit of around 10 million tons. Our new investment in Spain is a continuation of our long-term strategy to enhance our presence in markets suffering from structural cement supply deficits and further affirms our view on the increased significance of aggregates reserves and distribution in these markets. Going forward, the combined clinker grinding plants which require up to 1.5 million tons of clinker annually will serve to alleviate the rising supply deficits in Spain and surrounding markets. The new consolidated entity is expected to generate revenue in excess of EUR 250 million per year providing a solid platform for future consolidation activity. During the past years, our new partners in Spain have demonstrated a strong track record in generating growth and identifying new investment opportunities. With EUR 40 million in capital increase proceeds earmarked for investment, the new joint venture will be well positioned to act as a potential catalyst for further consolidation in the aggregates and ready-mix concrete sector.”

[Ramses2I]

Aktie von Orascom Construction profitiert vom Wachstum

Projekt von OCI
26. September 2006
Die arabischen Börsen sorgten in den vergangenen Jahren für Furore. Erst stiegen die Kurse im Rahmen einer durch eine extrem hohe Liquidität ausgelösten Hausse förmlich in den Himmel, danach korrigierten sie deutlich.

Das zeigte sich unter anderem am Beispiel des ägyptischen Case-Index. Er legte in den Jahren 2003 bis Januar des laufenden Jahres etwas mehr als 1.500 Prozent zu, um danach bis in den Juli hinein rund 43 Prozent seines Wertes zu verlieren. Inzwischen ging es zwar wieder um 40 Prozent nach oben, allerdings ausgehend von einer tieferen Basis.


Deutlich und im Trend steigende Umsätze und Gewinne

Diese Entwicklung dürfte einerseits auf die überzogene Kursdynamik vor der Korrektur als auch auf die Bewertung zurückzuführen sein. Denn günstig waren die ägyptischen Aktien in ihrem vergangenen Hoch sicherlich nicht mehr. Das gilt und galt auch für einzelne Werte.


Zum Beispiel für die Aktie des Bau- und Baustoffunternehmens Orascom Construction Industries (OCI). In der Spitze hatte das Papier Kurs-Gewinn-Verhältnisse von bis zu 24 auf Basis der Gewinnschätzungen für das laufende Geschäftsjahr erreicht. Das war etwas viel, selbst wenn das Unternehmen in den vergangenen Jahren Umsatz und auch Gewinn im Trend deutlich steigern konnte.


Im vergangenen Geschäftsjahr beispielsweise legte der Umsatz im Vergleich zur Vorjahresperiode um 32,85 Prozent auf 11,37 Milliarden ägyptische Pfund zu, der Gewinn je Aktie dagegen konnte um 54,4 Prozent auf 8,97 Pfund erhöht werden. Auch im laufenden Jahr setzt sich bisher diese Entwicklung fort. So konnte der Umsatz in den ersten sechs Monaten des Jahres im Vergleich mit der Vorjahresperiode um 30,3 Prozent auf 6,989 Milliarden Pfund in Landeswährung gesteigert werden, der Gewinn vor Steuern, Abschreibungen und Zinsen um 55,2 Prozent auf 2,026 Milliarden Pfund und der Nettogewinn um 53 Prozent auf 1,208 Milliarden Pfund.


Bewertung: Kein Schnäppchen, aufgrund des Wachstums akzeptabel


Orascom Construction Industries hat seine Basis zwar in Ägypten, erzielte aber in den ersten sechs Monaten des Jahres rund 70 Prozent seiner Umsätze außerhalb des Landes und ist damit relativ breit diversifiziert. In der zweiten Jahreshälfte rechnet Unternehmenschef Nassef Sawiris sogar noch mit einer besseren Performance als in der ersten. Dazu würden unter anderem neue Zementproduktionskapazitäten in Pakistan, im Nordirak und nicht zuletzt auch in Ägypten selbst beitragen. Die Produktionskapazität betrage inzwischen 21 Millionen Tonnen, die in den kommenden 15 Monaten um weitere zehn Millionen Tonnen erweitert werden. Für 2,5 Millionen Tonnen liefen die Arbeiten in Nordwest-Algerien schon, teilte das Unternehmen mit.


Die Konzentration auf bestimmte regionale Märkte und der strategische Aufbau von Ressourcen zahle sich in Form der Gewinnung neuer Kunden und Projekte aus, während der gesamte Sektor an sich unterversorgt sei. Auf dieser Basis scheinen die Perspektiven für das Unternehmen und damit auch die Aktie nicht schlecht zu sein. Mit Kurs-Gewinn-Verhältnissen von knapp 19 und 13,5 auf Basis der Gewinnschätzungen für das laufende und das kommende Geschäftsjahr ist die Aktie optisch zwar kein Schnäppchen. Allerdings zeigt schon die Differenz zwischen den beiden Zahlen, welches Wachstum möglich zu sein scheint. In diesem Sinne hat das Papier sicherlich noch gewisse Reize, eine Beschränkung der Position unter Risikoaspekten dürfte jedoch sicherlich nicht schaden.

[Ramses2I]

OCI Begins Cement Production in Northern Iraq

OCI Cement Group commissions cement facility in northern Iraq

Cairo, Egypt - 11 July 2006: Orascom Construction Industries announced that rehabilitation of the 2.3 million ton per year Tasluja cement factory in Northern Iraq has been completed for a total investment cost of US$ 70 million. An OCI-led consortium was awarded a tax-exempt 12-year lease for the Tasluja cement plant located near the city of Suleimaniyah in the Kurtdistan region of Iraq in November 2004. The OCI consortium includes the Farouk Rasool Group, a prominent industrial group in Northern Iraq. Under the terms of the contract, the OCI consortium is responsible for the rehabilitation, operation and maintenance of the plant and receives a right of first refusal on any potential privatization of the plant. Since the award date, OCI has increased its stake in the leasing vehicle from 51% to 60%. The Tasluja plant has two dry process production lines supplied by ThyssenKrupp Polysius with a designed production capacity of 2.3 million tons annually. An OCI Construction Group / Polysius team completed the rehabilitation project.

OCI Chief Executive Officer, Nassef Sawiris commented “we are committed to raise our production capacity in Northern Iraq to over 5 million tons during 2007. We hope the new capacity in the Tasluja plant and the Bazian greenfield currently under construction (3 million cement tons annually) will help alleviate the inconsistent imports coming into Iraq and contribute to the reconstruction process. The rehabilitation process was a difficult one given the severely battered condition of the plant 2 years ago but our technical team has delivered once again.” Mr. Farouk Rasool commented “the successful commissioning of the Tasluja plant is an important milestone in the industrial development of the region having created numerous employment opportunities and brought in foreign direct investment.”

The OCI Cement Group currently owns and operate cement plants in Egypt, Algeria, Northen Iraq, Turkey and Spain which have a combined annual production capacity of 18 million tons. Our new investments in Pakistan, northern Iraq, Turkey, Nigeria, Algeria, and the United Arab Emirates will increase our annual production capacity to 31 million tons by 2007.

[Ramses2I]

OCI Begins Cement Production in Pakistan

OCI Cement Group Capacity Reaches 20 Million Tons

Cairo, Egypt - 26 July 2006: Orascom Construction Industries announced that cement and clinker production at its new plant in Pakistan has commenced on schedule. OCI subsidiary Pakistan Cement Company (PCC) owns the property, plant and equipment of a 2.2 million ton per year cement plant supplied by F.L.Smidth of Denmark located along the Lahore-Islamabad highway in the Punjab Province of northern Pakistan. OCI acquired a majority stake in Pakistan Cement Company, formerly known as Chakwal Cement Company, in March 2005. Currently, OCI owns 62.75% of total the outstanding shares in PCC.

OCI Chief Executive Officer, Nassef Sawiris commented “the commissioning of our greenfield cement plant in Pakistan comes at an important time for the cement market in Pakistan. Cement demand which is up 14% during the first half of 2006 continues to grow rapidly mirroring strong GDP growth. The addition of Pakistan to the OCI Cement Group portfolio of operational plants raises our consolidated capacity to 20 million tons as planned.”

To complete the construction of the new cement plant, PCC secured financing earlier this year through a syndicate of 11 Pakistani banks and the Eksport Kredit-Fonden (EkF), the Denmark-based international export credit agency, for the equivalent of US$ 130 million in limited recourse project finance debt which is provided in Pakistani Rupees. The total investment cost for OCI in Pakistan for the greenfield plant is US$ 177 million implying US$ 80 per cement ton.

[Ramses2I]

A message from the CEO

"All of our businesses continue to deliver record results. Regional demand for our cement products and construction services remains strong and our future business prospects remain bright. We are especially excited about our growth prospects in the cement industry where we can put our financial and human resources to work to generate exceptional returns for shareholders.

Our cement operations in Egypt and Algeria continue to exceed expectations and our new investments in Pakistan, Kurdistan and Nigeria will give us a foothold in three more key emerging markets which have large populations and growing economies.

Our construction operations continue to secure new work and repeat orders throughout the region by targeting those projects on which we have a competitive advantage either through a specific technical competency, a strong geographical presence or a successful track record with the client.

We continue to believe that our strong management team, our commitment to quality and our ability to react quickly to new opportunities will ensure a significant and sustainable level of growth and profitability for the foreseeable future."

Nassef Sawiris, CEO

[Ramses2I]

BESIX Group Announces New Strategic Acquisition

http://www.orascomci.com/index.php?file=BESIX_Acquisitions_O…

[Ramses2I]

OCI Reports Record Revenue, EBITDA & Earnings

OCI posts 84% growth in consolidated EBITDA and 66% rise in net income during the third quarter 2006

Cairo, Egypt - 13 November 2006: Orascom Construction Industries announced consolidated revenue of EGP 11,942.1 million (US$ 2,076.0 million) with earnings before interest, tax, depreciation and amortization (EBITDA) of EGP 3,374.5 million (US$ 586.6 million) and net income of EGP 2,015.3 million (US$ 350.3 million) for the nine months ended 30 September 2006.

During the same period last year, OCI reported consolidated revenue of EGP 8,270.3 million (US$ 1,416.1 million) with EBITDA of EGP 2,027.8 million (US$ 347.2 million) and net income of EGP 1,274.5 million (US$ 218.2 million).

OCI also reported record consolidated revenue of EGP 4,952.6 million (US$ 860.9 million) with EBITDA of EGP 1,331.5 million (US$ 231.5 million) and net income of EGP 806.7 million (US$ 140.2 million) for the third quarter ended 30 September 2006.

During the same quarter last year, OCI reported consolidated revenue of EGP 2,905.3 million (US$ 497.5 million) with EBITDA of EGP 722.3 million (US$ 123.7 million) and net income of EGP 484.9 million (US$ 83.0 million).

In the quarterly message to shareholders, OCI Chief Executive Officer Nassef Sawiris commented:

“This third quarter reflects the impact of OCI’s enlarged portfolio of cement capacity. During the quarter, consolidated revenue grew 71%, EBITDA also rose an impressive 84% and net income increased 66%. For the nine months ended September 06, OCI showed revenue growth of 44%, EBITDA growth of 66% and a rise in net income of 58%.

The OCI Cement Group reported 59% growth in EBITDA on the back of volume increases and positive market conditions. Following the successful start-up of our new cement capacity in Egypt, Northern Iraq and Pakistan during July, the Cement Group management focused its attention on stabilizing the new production equipment to reach optimal operational levels. The third quarter did not reflect the full impact of these new capacities. Our Cement Group capacity has grown 40% this year to reach 21 million tons. During the next 10 months we expect to add 10 million tons of new cement capacity to reach 31 million tons. We have continued to pursue a strategy of vertical integration into markets which suffer from structural supply deficits in cement. Our strategy has begun to materialize with our announcement of the acquisition of a 50% stake in Group GLA, the largest independent aggregates and ready-mix concrete producer in Spain. Group GLA comes with a strong management team that has a proven track record in addition to annual operational capacities in aggregates of 5 million tons along with 240 million tons of reserves, ready-mix concrete capacity of 3.5 million cubic meters and cement milling capacity 0.6 million tons. Jointly with the Cementos La Parilla clinker grinding plant north of Madrid, our previous Spanish acquisition, the combined annual cement milling capacity reaches 1.8 million tons in Spain. We will continue to investigate attractive greenfield opportunities in emerging markets, potential expansions in core subsidiaries and value-creating distribution investments in developed markets.

The Construction Group added approximately a billion dollars of new work during the quarter. The Group reported 37% growth in revenue with a robust EBITDA margin of 14% which is consistent with previous quarters. The strong growth continues to reflect a good regional construction market with opportunities for performing contractors. We will continue to maintain a policy of managed growth and focus on profitability.

Our ability to capitalize on new investment opportunities in both emerging and key developed markets for our core businesses will be bolstered by our attentiveness to a healthy balance which is achieved by a focus on free cash flow and active debt management. Based on an annualized EBITDA, net debt stands at 1.2x EBITDA.”

[TafkaLDS]

Antwort auf Beitrag Nr.: 24.807.104 von Ramses2I am 23.10.06 20:36:26

tjo, gute dinge werden oft wenig diskutiert und müll wie texola dafür breitgetreten
lemminge. an ihnen ist immer noch das meiste geld verdient *gg*

[Ramses2I]

OCI Receives US$ 180 million in Cairo Metro Project Awards
OCI is awarded the equivalent of US$ 180 million in work on the first
phase of the third Cairo Metro expansion project including concrete
supply

Cairo, Egypt - 15 January 2007: Orascom Construction Industries announced that
its Construction Group has been awarded several contracts on the first phase of the
third Cairo Metro expansion project which will connect two major districts in the
capital city through a 4.3 km line. The expansion project also includes 5 underground
stations, a high voltage station (HVS) and an operations & maintenance workshop.
The Egyptian Ministry of Transportation has announced various award packages for
a total value of approximately EGP 1.3 billion + EUR 418 million. OCI is a member in
three separate consortiums / joint ventures which have received awards on this first
phase of the expansion project which is the first of several envisioned phases. The
civil works package was awarded to a Vinci / Bouygues / Arab Contractors / OCI joint
venture for a total value of EUR 130 million + EGP 895 million. The
electromechanical works package was awarded to a consortium consisting of AMEC
Spie, OCI, Arab Contractors and Alstom Egypt for a total value of EUR 81 million +
EGP 303 million. The track works package was awarded to a Foslo / OCI joint
venture for a total value of EUR 10 million + EGP 37 million. OCI was also successful
to position a wholly owned subsidiary as the subcontractor to the civil works joint
venture for the supply of 0.65 million cubic meters of concrete for a total value of
EGP 210 million which will require 0.3 million tons of cement, 1.25 million tons of
aggregates and 3 million liters of concrete admixtures as inputs. Overall, the total
value of construction work in addition to the building materials supply contract is
approximately EUR 28.5 + EGP 811 million.

OCI Chief Executive Officer, Nassef Sawiris commented “we are very proud to be
involved in the third major expansion to the Cairo Metro system, having been
employed in the construction of previous phases. This contract marks the start of
what we believe is a significant trend of increased spending on infrastructure in
Egypt. This project also highlights OCI’s competitiveness in railway work. Currently,
OCI is engaged in the execution of railway projects in Algeria and Saudi Arabia in
with a combined value approaching US$ 200 million.”

[Ramses2I]

Orascom Construction Inds, S.A.E.
28 February 2007



NEWS RELEASE

Orascom Construction Industries Files Complaint with Capital Markets Board
Regarding Obstructive Trading on Baticim

Cairo, Egypt - 28 February 2007: Orascom Construction Industries (OCI) has filed
a formal complaint with the Capital Markets Board ('CMB') of Turkey on trading
activity conducted on 26 February by BatiSoke Cimento Sanayi A.S. on Bati
Anadolu Cimento Sanayii Anonim Sirketi ('Baticim') in the Istanbul Stock
Exchange.

On February 23, 2007, OCI Cimento filed an application with the CMB, to make a
voluntary tender offer for all outstanding A and B class shares in Baticim that
OCI doesn't currently own.

The complaint filed to the CMB today contained the following text:

'We have come to the knowledge based on a disclosure statement of Garanti
Yatirim Menkul Kiymetler A.S. dated February 27, 2007, that yesterday, Baticim's
management has conducted purchases of Baticim shares, using its 74.62% owned
subsidiary Bati Soke Cimento Sanayii Anonim Sirketi ('BatiSoke'), in the amount
968,622 shares.'

Currently Orascom Construction Industries ('OCI'), is indirectly holding
13,894,387 B class shares of Baticim representing 21.5751% of its share capital.
On February 23, 2007, OCI Cimento Anonim Sirketi ('OCI Cimento'), which is a
wholly owned subsidiary of OCI, had filed an application with the Capital
Markets Board in order to make a Voluntary Tender Offer ('Tender Offer') to the
shareholders of Baticim, for all outstanding A and B class shares in Baticim
that OCI does not currently own.

The disclosure statement of Garanti Yatirim Menkul Kiymetler A.S. clearly points
out that the trading activity conducted by BatiSoke on Baticim shares, is aiming
to obstruct to the Tender Offer.

Baticim's purchasing of its own shares through its controlled subsidiary
BatiSoke clearly contravenes Article 329 of the Turkish Commercial Code which
provides that 'a company cannot own its own shares' and the use of company's
resources by Baticim's controlling shareholders, who are worried about the
continuation of their control over the company, in such a manner as to prevent
the change of control that may occur as a result of the Tender Offer in the
aforementioned manner instead of employing these funds in activities beneficiary
to shareholders such as the distribution of dividends or making new investments,
is detrimental to the minority shareholders of both Baticim and BatiSoke.

We, therefore, kindly ask Your High Authority to request a disclosure from the
company, in order to inform the investors about both the reasons of this
purchase and the resources BatiSoke uses for it. We also request that the
necessary measures be taken in order to prevent the use of the resources of
Baticim and BatiSoke by the controlling shareholders of Baticim in a manner to
ensure the continuation of their control over the company, which is detrimental
to the minority shareholders of both of the companies.'

About Orascom Construction Industries and OCI Cimento:

Orascom Construction Industries (OCI) is a leading cement producer and
construction contractor active in emerging markets and Europe. OCI employs more
than 40,000 people in over 20 countries. OCI is listed on the Cairo & Alexandria
Stock Exchanges and on the London Stock Exchange through a Global Depository
Receipts (GDR) program with a market capitalization approaching US$ 10 billion.

As a cement producer, OCI owns and operates cement plants in Egypt, Algeria,
Turkey, Pakistan, northern Iraq and Spain, which have a combined annual
production capacity of 21 million tons. New investments in northern Iraq,
Nigeria, Algeria, and the United Arab Emirates will increase the Group's annual
production capacity to 34 million tons. The OCI Cement Group exports primarily
from Egypt to customers in more than 30 countries including the USA, Europe,
Africa and the Middle East. OCI also produces and distributes aggregates and
ready-mix concrete in Spain, Egypt and Algeria. OCI also manufactures cement
bags in Egypt and Algeria.

As a contractor, OCI provides engineering procurement and construction services
on large, complex and demanding industrial, commercial, water/sewage,
transportation, telecommunications, maritime, tourism and railway projects for
private and public customers principally in Europe, Middle East, Africa and
Central Asia. The Construction Group is active in over 100 projects in more
than 20 countries.

OCI also has investments in natural gas industries, including fertilizers and in
infrastructure concessions including a port operator and an industrial park
developer.

OCI completed the acquisition of the Van cement assets, located in Eastern
Turkey near the City of Van, in early 2006. A new wholly owned subsidiary was
formed under the name of OCI Cimento Anonim Sirketi to own and operate the
acquired cement plant, which is currently undergoing an upgrade to reach an
annual integrated cement capacity of 0.5 million tons and a total clinker
grinding capacity of 1 million tons per year.

[Ramses2I]

OCI Announces Cement Investment in Saudi Arabia


OCI / Khayyat joint venture to invest in state-of-the-art greenfield cement plant in Saudi Arabia


Cairo, Egypt - 26 February 2007: Orascom Construction Industries announced that it has agreed to enter into a 50/50 joint venture with KHAYYAT Group, one of the leading industrial investors in Saudi Arabia with investments in building materials and real estate, in Al Safwa Cement Company. KHAYYAT Group is the leader in the red bricks industry, in the Middle East. The joint venture will construct a 1.4 million tons per year state-of-the-art greenfield cement plant with an upgrade option that will raise capacity to 2 million tons per year to be located in the Western Region of Saudi Arabia in close proximity to the new King Abdullah City, approximately 140 km from the city of Jeddah. Total investment cost for the 2 million tons of capacity is estimated to reach US$ 360 million. It is expected that a ThyssenKrupp Polysius / OCI consortium will erect the plant which is expected to begin production operations during the first quarter 2009. Site preparation works are already underway.

The Saudi Industrial Development Fund (SIDF) has preliminarily agreed to finance the project in Saudi Arabian Riyals in an amount equivalent to US$ 111.5 million, with highly favorable terms and a repayment period of more than 10 years from the date of agreement. The SIDF loan constitutes almost half of the required debt for the project. The SIDF was established by the Government of Saudi Arabia to encourage the industrial development of the Kingdom by providing support and long-term soft loan financing for new projects that abide by specified criteria.

This new capacity will strengthen OCI's emerging markets presence and increase total cement capacity by early 2009 to 36 million tons per annum. OCI Chief Executive Officer, Nassef Sawiris commented, "We are extremely pleased with our partnership with Khayyat Group in our latest greenfield investment to date. Saudi Arabia is a fast growing market which fits our target market profile. We expect the Saudi market to consume approximately 34 million tons during 2007 driven by sizable infrastructure investments, favorable demographic trends and noticeable energy advantages. We expect healthy cement consumption growth in the Western region markets that will be primarily served by the new plant, bolstered by such large-scale projects as the King Abdullah City which offer promise of sustainable growth.”

Sheikh Ahmad Khayyat founder and Chairman of Khayyat group added" We also are very pleased with our joint venture with OCI. Al Safwa Cement Company is a notable achievement that reflects our sustained success and expansion in the building material industries, thanks to, and in line with the encouragement of the government of the custodian of the two holy mosques to promote the industrial sector.”

[Ramses2I]

Orascom Construction Industries Files Application to CMB for a Voluntary Tender Offer to Acquire 100% of Baticim Cimento


Orascom Construction Industries (OCI) has announced that its wholly owned subsidiary OCI Cimento Anonim Sirketi, has today filed an application with the Capital Markets Board ("CMB"), to make a voluntary tender offer for all outstanding A and B class shares in Bati Anadolu Cimento Sanayii Anonim Sirketi (“Baticim”) that OCI doesn't currently own. OCI currently owns 13,894,387 B shares, representing 21.58% of outstanding Baticim shares.

The offer price in the CMB application of YTL 11.50 per each B class share represents a premium of 36.3% to the average share price on the Istanbul Stock Exchange (ISE) over the last 1 month, 40.2% to the average share price over the last 2 months and 45.5% to the average share price over the last 1 year as of the close of 22 February 2007. The offer price for each A class share is YTL 1,880.00 reflecting the premium associated with the management, voting and dividend rights of this class of shares. The share price in the CMB application for each of the A and B class shares implies a total equity value of YTL 830.8 million which is equivalent to US$ 602.3 million based on the current exchange rate of YTL 1.3794 to the US dollar.

Baticim is a publicly listed company on the Istanbul Stock Exchange. Based in Izmir, the company owns and operates an integrated cement plant in Izmir with a total annual cement capacity of 1.8 million tons in addition to some ready-mix concrete operations. Baticim also owns 74.6% of Bati Soke Cimento Sanayii Anonim Sirketi (“Batisoke”) which owns and operates an integrated cement plant near Izmir with a total annual cement capacity of 1.2 million tons. Baticim reported unaudited consolidated revenue of YTL 243.0 million (US$ 169.3 million) and net income of YTL 70.5 million (US$ 49.1 million) for the nine-month period ended 30 September 2006.

Citigroup Global Markets Limited is acting as advisor to OCI and no one else in connection with the matters described in this announcement and will not be responsible to anyone other than OCI for providing the protections afforded to clients of Citigroup Global Markets Limited or for providing advice in relation to the matters described in this announcement.

AK Yatirim is acting as the broker for the transaction.

About Orascom Construction Industries and OCI Cimento:

Orascom Construction Industries (OCI) is a leading cement producer and construction contractor active in emerging markets and Europe. OCI employs more than 40,000 people in over 20 countries. OCI is listed on the Cairo & Alexandria Stock Exchanges and on the London Stock Exchange through a Global Depository Receipts (GDR) program with a market capitalization approaching US$ 10 billion.

As a cement producer, OCI owns and operates cement plants in Egypt, Algeria, Turkey, Pakistan, northern Iraq and Spain, which have a combined annual production capacity of 21 million tons. New investments in northern Iraq, Nigeria, Algeria, and the United Arab Emirates will increase the Group’s annual production capacity to 34 million tons. The OCI Cement Group exports primarily from Egypt to customers in more than 30 countries including the USA, Europe, Africa and the Middle East. OCI also produces and distributes aggregates and ready-mix concrete in Spain, Egypt and Algeria. OCI also manufactures cement bags in Egypt and Algeria.

As a contractor, OCI provides engineering procurement and construction services on large, complex and demanding industrial, commercial, water/sewage, transportation, telecommunications, maritime, tourism and railway projects for private and public customers principally in Europe, Middle East, Africa and Central Asia. The Construction Group is active in over 100 projects in more than 20 countries.

OCI also has investments in natural gas industries, including fertilizers and in infrastructure concessions including a port operator and an industrial park developer.

OCI completed the acquisition of the Van cement assets, located in Eastern Turkey near the City of Van, in early 2006. A new wholly owned subsidiary was formed under the name of OCI Cimento Anonim Sirketi to own and operate the acquired cement plant, which is currently undergoing an upgrade to reach an annual integrated cement capacity of 0.5 million tons and a total clinker grinding capacity of 1 million tons per year

[Ramses2I]

OCI Expands Aggregates Operations in Europe

Group GLA acquires 100% of aggregate operations to raise Group’s Spanish reserves by 43%


Cairo, Egypt – 4 March 2007: Orascom Construction Industries announced that Group GLA – 50% owned by OCI – has signed an agreement for a total value of EURO 17.4 million for a 100% stake of Minas Nieves in Corrales de Buelna and for the acquisition of Minas Cau, a quarry operation in Yecla. Combined, the two quarry operations are expected to produce close to 0.8 million tons after the take-over is complete.

Group GLA is the largest independent aggregates and ready-mix concrete producer in Spain. OCI acquired 50% of the Group in October 2006. The Group has activities in aggregates, ready-mix concrete, and clinker grinding throughout Spain with a focus on the Madrid and Valencia markets.

The individual investments reached EURO 12.6 million for Minas Cau and Euro 4.8 million for Minas Nieves. The two barite and calcium carbonate deposits rank amongst Spain's major mining reserves. Minas Cau is South Europe's largest reserve with 80 million tons of carbonate, allowing for a strong market share in Spain as well as market opportunities in Europe and Africa. Minas Nieves contains 4 million tons of barite deposits. Group GLA now controls a total of approximately 268 million tons of various aggregates reserves.

Calcium Carbonate creates new avenues for growth as it is an essential component in a multitude of industries. It is primarily used in pharmaceutical products including cosmetics and sanitary products. It is also used in the manufacturing of ceramics, glass, paper, paint, plastics and concrete. Investing in Barite deposits allows the company to target new markets through the production of special types of concrete that are typically used to shield against laboratories from x-rays and radioactive materials, as well as the production of enamels, ceramic products, sanitary items and high-resistant paint.

OCI Chief Executive Officer, Nassef Sawiris commented," this acquisition affirms Group GLA's strength in generating growth and identifying new opportunities in the industry at extremely attractive valuations. Furthermore, this investment asserts OCI's strategy to expand its current position in ready-mix and concrete operations in markets suffering from structural deficits in cement. Securing these two reserves will allow the Group to capture the opportunities arising from the increased significance of aggregates in Europe and enhances diversification of our client base."

[Ramses2I]

Orascom Construction Industries (OCI) is a leading cement producer and construction contractor active in emerging markets. OCI is based in Cairo, Egypt and employs more than 40,000 people in 20 countries.

The OCI Cement Group is the largest cement producer in the Middle East and a leading regional cement exporter. Our principal operating cement subsidiaries are Egyptian Cement Company, which has an installed annual production capacity of 10 million tons, and Algerian Cement Company, which has an installed annual production capacity of 5 million tons. In July 06, we successfully completed an upgrade in Egypt, a rehabilitation project in northern Iraq and commissioned a new plant in Pakistan raising our Group capacity to 21 million tons. We are currently constructing cement plants in the UAE, Algeria, Northern Iraq, and Nigeria and have recently acquired cement operations in Turkey and Spain whcih are being further expanded, all of which will increase our annual production capacity to 33 million tons. We export cement primarily from Egypt to customers in more than 30 countries including the USA. We also produce and distribute ready mix concrete, aggregates and cement bags in Egypt and Algeria.

The OCI Construction Group provides engineering, procurement and construction services on large, complex and demanding projects for public and private customers primarily in the Middle East, North Africa and Central Asia. OCI has undertaken numerous landmark infrastructure, industrial and commercial projects including the world's largest swing bridge over the Suez Canal and the three tallest buildings in Egypt. In addition to the OCI construction operations, our principal operating construction businesses are the Besix Group, based in Belgium with extensive experience on large building, infrastructure and marine projects, and Contrack International, based in the USA with extensive experience on institutional and infrastructure projects. Through partnerships with industry leaders, we manufacture fabricated steel products as well as architectural curtain walling and window systems. We also have investments in infrastructure concessions including a port operator, industrial park developer and natural gas distributor.

OCI also invests in natural gas industries and currently has two greenfield projects in Egypt and Algeria under development for the production of ammonia and urea respectively.

[Ramses2I]

OCI / Sonatrach Incorporate JV Company


OCI / Sonatrach to establish two industrial projects including a 1 million ton per year urea plant and a 0.7 million ton per year ammonia plant in Algeria


Cairo, Egypt - 20 March 2007: Orascom Construction Industries announced that the incorporation of Sorfert Algérie (Sorfert) was completed yesterday by OCI and Algerian state-owned oil & gas company Sonatrach which has been established to construct a greenfield ammonia/urea fertilizer plant with an annual capacity of 1 million tons in addition to an ammonia plant with an annual capacity of 0.7 million tons. OCI has 51% in the new venture while Sonatrach owns the remaining 49%. The plants will be located in the industrial zone of Arzew in Wahran province near the Mediterranean coastline to facilitate export operations. As part of the shareholders’ agreement, Sonatrach has committed to enter into a 20 year gas supply agreement with Sorfert. OCI is acting as the lead developer of the project. White & Case (London) is the appointed legal counsel and Société Générale is the appointed financial advisor to the Sorfert project. Initial equity payments will be immediately used to complete engineering plans for the new plants and secure critical components of the plants equipment which are considered long lead items. The negotiation of all other project agreements is well underway and is nearing completion. OCI expects 70% of the total investment cost to be solicited from Algerian and international banks as project finance debt in a limited recourse structure. OCI targets to commission the production lines during 2010.

The signing ceremony was attended by his Excellency the Algerian Minister of Energy & Mining – Dr. Chekib Khalil, the President of Sonatrach, the Vice President of Sonatrach and the Governor (Wali) of Wahran, the Sonatrach Project team and senior OCI management.

OCI Chief Executive Officer Nassef Sawiris commented “our new joint venture with Sonatrach is a further expression of our commitment to the Algerian market. We are very pleased with our partnership and grateful for the support we have received from of the Algerian Government. OCI continues to tap into Algeria’s best human resources with a current employee force exceeding 7,000 skilled Algerians.” Mr. Sawiris also added “Sorfert Algérie will contribute substantially to our consolidated growth in 2010. Together with the ammonia plant under construction in Egypt which is scheduled for completion by end of 2008, these projects stand to benefit from the historic high prices for fertilizers which are being partially fueled by the rising demand for the use of agricultural-based commodities such as corn-based ethanol and soybean biodiesel as an alternative fuel.”

About Orascom Construction Industries in Algeria

OCI currently owns and operates a cement production plant in central Algeria through its wholly owned subsidiary Algerian Cement Company (ACC), with a total maximum annual capacity of 5 million tons. OCI expects to commission a greenfield cement production plant owned its wholly owned subsidiary Ciments Blanc d’Algérie (CIBA) in northwest Algeria with an annual capacity of 2.5 million tons of grey cement and 0.55 million tons of white cement during 2007.

In construction, OCI Algeria continues to provide engineering, procurement and construction services on large and complex projects across Algeria including projects such as the Blida military hospital, the Ciments Blanc d’Algerie white cement plant, and the Hamma-Algiers water desalination plant operated by Hamma Water Desalination SpA, a jopint venture between GE Water and the state-owned Algerian Energy Company SpA (a subsidiary of Sonatrach).

In late 2006, OCI completed the acquisition of minority stakes in Mehsas National Bag Company, of which OCI owned 50%. The official name of the currently 100% owned subsidiary has been changed to Algerian Bag Company (ABC). OCI acquired a 50% stake in MNBC two years ago to ensure a consistent high quality supply of cement bags to its cement operations in Algeria. The acquisition was completed for a total sum of US$ 3.8 million. OCI will invest an additional US$ 5 million to expand the cement bags production capacity ahead of it’s the commissioning of its greenfield operation in northwest Algeria.

OCI has also launched its ready-mix concrete and aggregates business in Algeria through Ready-mix Algeria expects to operate four aggregates quarries with an annual capacity of 3 million tons of aggregates by end of 2007. Ready-Mix Algeria operates 5 ready-mix batch plants with an annual production capacity of 800,000 cubic meters of concrete.

[Ramses2I]

Orascom Construction Industries Receives Approval from CMB to Launch Voluntary Tender Offer for all A & B shares of Batıçim Cimento

OCI will launch the voluntary tender offer call on 29 March for 100% of A and B class shares


Cairo, Egypt – 26 March 2007: Orascom Construction Industries (OCI) has announced that its wholly owned subsidiary, OCI Cimento Anonim Sirketi (“OCI Cimento”), has received approval from the Capital Markets Board ("CMB"), to make a voluntary tender offer for all outstanding A and B class shares in Bati Anadolu Cimento Sanayii Anonim Sirketi (“Baticim”) that OCI does not currently own for a minimum price of YTL 11.50 per class B share and YTL 1,880 per class A share each based on a nominal value of YTL 1 per share..

OCI Cimento has issued a formal disclosure to the Istanbul Stock Exchange as required by the Capital Markets Board indicating that the tender call will begin on 29 March 2007 at 9:00 am and end on 12 April 2007 at 5:00 pm. The Information Note with final information on the tender offer mechanics and prices will be published in Turkish newspapers on 28 March 2007.

[Ramses2I]

28 March 2007


2006 ANNUAL RESULTS


Summary of Results:

· Consolidated revenue grew 47%, EBITDA rose 69% and net income increased 59%

· Consolidated Revenue of $2,865.3 million (LE 16,475.2 million), FYE 2005, $1,953.0 (LE 11,366.6 million)

· Consolidated Earnings before interest, tax, depreciation and amortization (EBITDA) of $ 778.9 million (LE 4,478.6 million), FYE 2005, $461.3 million (LE 2,684.9 million)

· Consolidated EBITDA margin increase of 360bp to 27.2%

· Consolidated operating margin increase of 340 bp to reach 23.2%

· Consolidated Net Income of $464.5 million (LE 2,670.7 million), FYE 2005, $292.1 million (LE 1,700.2 million)

· Earnings Per Share of $ 2.30 (LE 13.22) , FYE 2005, $1.49 (LE 8.65)

· Dividend Per Share of $0.96 (LE 5.50), FYE 2005, $0.34 (LE 2.00)

· Cash Flow from Operations of $678.9 (LE 3,903.6 million), FYE 2005, $289.6 million (LE 1,685.4 million)

· Return on Equity of 41%, (FYE 2005, 47%)

· Net Debt/EBITDA of 1.78, (FYE 2005, 2.04)

Summary of Fourth Quarter '06 Performance:

· Consolidated Revenue of $788.4 million (LE 4,533.1 million), FYE 2005, $532.0 million (LE 3,096.3 million)

· Consolidated EBITDA rose 70% to $192.0 million (LE 1,104.1, FYE 2005, $112.6 million (LE 657.2 million)

· Consolidated Net Income of $ 114.0 million (LE 655.4 million), FYE 2005, $73.1 million (LE 425.7 million)

· Consolidated EBITDA Margin increased 318 bp to reach 24%

Operating Highlights by Division:

Cement Group

· Cement Group EBITDA grew 49% during 2006

· Egyptian Cement Company contributed 50% of Cement Group EBITDA

· Algerian Cement Company contributed 31% of Cement Group EBITDA

· Cement Group sold 13.9 million tonnes during 2006, up 38%

· Total cement capacity reached 21 million tonnes at the close of 2006

· Growth driven by healthy pricing and strong organic volume growth

· Solid increase in aggregates reserves and ready-mix concrete capabilities in Europe

· Tasluja Cement (N. Iraq), Pakistan Cement and OCI Cimento (Turkey) plants partially contributed for the first time to results during 2006

Construction Group

· Construction revenue grew 47% and net income increased 135% during 2006

· Construction Group EBITDA margin remained healthy during 2006 at 14%

· Construction Group contributed 75% of consolidated revenue, 58% of consolidated EBITDA and 43% of consolidated net income

· Backlog as of 31 December 2006 stood at $2.2 billion

· Construction Group recorded $2.6 billion in new contract awards during 2006

Nassef Sawiris, Chief Executive Officer said:

Orascom Construction Industries has had another excellent year propelled by strong demand for both our cement products and construction services. Our Cement Group successfully added 7 million tons of new production capacity during the year and expects to add another 10 million tons of capacity during the next 6 months. In October, we increased our presence in Spain through the acquisition of 50% of Grupo GLA, one of the largest independent aggregates and ready-mix concrete producers in the country. We also expanded our ready-mix and aggregates operations in Egypt and Algeria. Our Construction Group continues to perform well while playing a key role in identifying new high-return investment opportunities in both natural gas-based industries and infrastructure concessions. Our equity investments in two greenfield fertilizer producers in Egypt and Algeria should generate substantial returns in the years to come. Demand for natural gas-based fertilizers is surging due to not only global consumption growth but also increased demand for agricultural commodity-based fuels such as corn-based ethanol. Looking ahead, we will continue to invest our free cash flow in our growth strategy with a clear view of delivering the highest returns to shareholders.

[Ramses2I]

OCI Commences Tender Call for Baticim Cimento


OCI will launch the voluntary tender offer call on 29 March 2007 for 100 % of Baticim A and B class shares. The offer price per each B class share has been increased to YTL 12.25 and the price per each A class share has been increased to YTL 2,000

Cairo, Egypt – 28 March 2007: OCI Cimento Anonim Sirketi, a wholly owned subsidiary of Orascom Construction Industries (OCI), will launch the voluntary tender offer call for all outstanding A and B class shares in Bati Anadolu Cimento Sanayii Anonim Sirketi (“Baticim” or the “Company”) that OCI does not currently own on 29 March 2007 at 09:00. The voluntary tender offer will continue until 17:00 on 12 April 2007.

The offer price per each B class share is YTL 12.25, which represents a premium of:


· 45 % to the average share price for the last 1 month ending 22 February 2007, one day prior to the filing of the CMB application

· 49 % to the average share price for the last 2 months ending 22 February 2007, one day prior to the filing of the CMB application; and

· 55 % to the average share price for the last 1 year ending 22 February 2007, one day prior to the filing of the CMB application.

The offer price for each A class share is YTL 2,000, reflecting the premium associated with the preferred management, voting and dividend rights of this class of shares. The offer price for each of the A and B class shares implies a total equity value of YTL 884.3 million which is equivalent to US$ 641.2 million based on the current exchange rate of YTL 1.3792 to the US dollar.

Orascom Construction Industries CEO Nassef Sawiris commented: “We hope that the Company’s shareholders will respond positively to the tender offer price which reflects a significant premium over the historical share price. The share price has recently witnessed a rebound as a direct result of OCI’s interest in the Company. OCI is committed to investing in Turkey, to expand existing operations and to transfer its best practices to its subsidiaries. As a listed company, OCI understands the potential concerns of minority shareholders and has thus voluntarily extended its offer to all shareholders of the Company. We look forward to the successful conclusion of the process.”

Baticim is a publicly listed company on the Istanbul Stock Exchange. Based in Izmir, the company owns and operates an integrated cement plant in Izmir with a total annual cement capacity of 1.8 million tons in addition to some ready-mix concrete operations. Baticim also owns 74.6% of Bati Soke Cimento Sanayii Anonim Sirketi (“Batisoke”) which owns and operates an integrated cement plant near Izmir with a total annual cement capacity of 1.2 million tons. Baticim reported unaudited consolidated revenue of YTL325.9 million (US$227.7 million) and net income of YTL87.6 million (US$61.2 million) for the twelve-month period ended 31 December 2006.

[Ramses2I]

Antwort auf Beitrag Nr.: 28.605.385 von Ramses2I am 31.03.07 23:21:20

Äpyptens Orascom Construction steigert Gewinn um 59 %


http://www.emfis.de/global/global/nachrichten/beitrag/id/AEp…

[Ramses2I]

OCI Signs EGP 760 million Power Plant Contract in Egypt


OCI Construction Group signs new construction order valued at EGP 760 million for the civil works package on the El Tebbin 2 x 350 MW Thermal Power Plant in Egypt

Cairo, Egypt - 15 April 2007: Orascom Construction Industries (OCI) announced that it has signed an EGP 760 million contract with the Cairo Electricity Production Company (CEPC), an affiliate of the Egyptian Ministry of Electricity. The award is for the construction work on a new 2 x 350 MW Thermal Power Plant located in El Tebbin, 25km south of Cairo. The plant is also located near the industrial areas of Helwan and Maadi in greater Cairo.

The scope of work under the contract includes all civil works including the plant's intake pump house and discharge structures, reinforced concrete cylinder pipes which are 2.5 meters in diameter, a 150 meter high chimney, steam turbine buildings, all auxiliary and ancillary facilities, all underground facilities, piping and duct banks as well as all associated piling, foundation, mechanical and electrical works.

The Egyptian Minister of Electricity & Energy, Hassan Younis commented "the El Tebbin contract is the second power project to be executed by OCI, having successfully completed the milestones for the 750 MW combined cycle plant in Talkha."

OCI Construction Group Managing Director, Osama Bishai commented: "The El Tebbin contract further consolidates OCI's leadership in the construction of industrial energy facilities. OCI is also pursuing similar projects in Algeria and continues to monitor infrastructure expansion programs across the region. Moreover, the El Tebbin contract also provides new business opportunities for OCI's subsidiaries which include production of steel structures, production and supply of ready-mix concrete, asphalt and foundation works."

[Ramses2I]

OCI signs agreement with Baltalı Family to consolidate ownership in Batıçim Çimento

Cairo, Egypt – 26 April 2007: OCI announced today that it has signed an agreement with Mrs. Türkan Baltalı, one of the largest shareholders of Batıçim Batı Anadolu Çimento Sanayii A.Ş. (“Batıçim”). The agreement lays the foundation for the partnership which will consolidate both shareholders’ votes in a new joint venture company. The partnership will result in the consolidation of 21.7 million class B shares representing approximately 33.7% of total outstanding class B shares and 6,469 A class shares representing approximately 13.5% of total outstanding A class shares. The joint venture entity to be formed subsequent to the partnership agreement will control approximately 33% of total Batıçim votes.

OCI concluded its tender call for all outstanding A and B class shares in Batıçim on 12 April 2007. The offer price per each B class share was YTL 12.25, which represented a premium of:

· 45 % to the average share price for the last 1 month ending 22 February 2007, one day prior to the filing of the CMB application

· 49 % to the average share price for the last 2 months ending 22 February 2007, one day prior to the filing of the CMB application; and

· 55 % to the average share price for the last 1 year ending 22 February 2007, one day prior to the filing of the CMB application.

The offer price for each A class share was YTL 2,000, which reflected the premium associated with the preferred management, voting and dividend rights of this class of shares. The offer price for each of the A and B class shares implied a total equity value of YTL 884.3 million which is equivalent to US$ 641.2 million based on the exchange rate at the launch date of the tender offer of YTL 1.3792 to the US dollar.

OCI Chief Executive Officer, Nassef Sawiris commented “We are extremely pleased with our partnership with Mrs. Türkan Baltalı who has been a strong advocate for fair representation of minority investors on Batıçim’s Board of Directors. As the largest minority shareholder, we hope to be able to create value for all Batıçim shareholders in the future that may arise from potential synergies with the OCI Cement Group in areas such as global exports, procurement, management systems, technical support and capacity management. We believe the joint venture with the Baltalı family is an important step towards realizing such synergies.”


About Orascom Construction Industries and OCI Çimento:

Orascom Construction Industries (OCI) is a leading cement producer and construction contractor active in emerging markets and Europe. OCI employs more than 40,000 people in over 20 countries. OCI is listed on the Cairo & Alexandria Stock Exchanges and on the London Stock Exchange through a Global Depository Receipts (GDR) program with a market capitalization approaching US$ 10 billion.

As a cement producer, OCI owns and operates cement plants in Egypt, Algeria, Turkey, Pakistan, northern Iraq and Spain, which have a combined annual production capacity of 21 million tons. New investments in Northern Iraq, Nigeria, Algeria, the United Arab Emirates and Saudi Arabia will increase the Group’s annual production capacity to 36million tons. The OCI Cement Group exports primarily from Egypt to customers in more than 30 countries including the USA, Europe, Africa and the Middle East. OCI also produces and distributes aggregates and ready-mix concrete in Spain, Egypt and Algeria. OCI also manufactures cement bags in Egypt and Algeria.

As a contractor, OCI provides engineering procurement and construction services on large, complex and demanding industrial, commercial, water/sewage, transportation, telecommunications, maritime, tourism and railway projects for private and public customers principally in Europe, Middle East, Africa and Central Asia. The Construction Group is active in over 100 projects in more than 20 countries.

OCI also has investments in natural gas industries, including fertilizers and in infrastructure concessions including a port operator and an industrial park developer.

OCI completed the acquisition of the Van cement assets, located in Eastern Turkey near the City of Van, in early 2006. A new wholly owned subsidiary was formed under the name of OCI Çimento Anonim Sirketi to own and operate the acquired cement plant, which is currently undergoing an upgrade to reach an annual integrated cement capacity of 0.5 million tons and a total clinker grinding capacity of 1 million tons per year.

[Ramses2I]

OCI Expands into New Middle East Cement Market

OCI Cement Group to establish a 2 million tonnes per year greenfield cement plant in North West Syria

Cairo, Egypt - 2 May 2007: Orascom Construction Industries (OCI) has announced that it has established Syrian Cement Company, which will construct a greenfield cement plant in Northwest Syria with a production capacity of 2 million tonnes per year. OCI owns 75% of the new company with the remaining shares held by Mas Economic Group, headed by Mr. Ferras Tellas, a prominent local businessman. The new plant will primarily cater to the domestic market which is in deficit and the production capacity may be increased to 3 million tonnes at a later date. During 2006, Syria consumed a total of 6.2 million tonnes of cement of which 2 million tonnes were imported from surrounding regional markets. OCI expects to be one of the first private sector cement producers in Syria. The plant will be located near the City of Aleppo, also known as Halab, which is approximately 25 km from the Turkish border and 500 km north of Damascus. The investment cost for this new greenfield plant is expected to reach approximately US$ 440 million. With the addition of this new greenfield plant, the OCI Cement Group will have a total production capacity of 39 million tonnes in 2009.

OCI Chief Executive Officer, Nassef Sawiris commented “the Syrian cement market is expected to witness around 8-10% annual growth in cement consumption over the next several years. Syria represents a fast growing economy with good population demographics making it an attractive market for OCI. We expect our greenfield plant to be operational by late 2009.”

Mr. Sawiris added “OCI has 18 million tonnes of new capacity under construction and expects to commission 10 million tonnes of capacity during the next six months in Northern Iraq, Algeria and United Arab Emirates. 2007 will be a transformational year for OCI

[Ramses2I]

16-May-07

OCI Acquires Algeria’s Largest Aggregates Producer


OCI acquires a 60% stake in Samba SPA, the largest aggregates producer in Algeria

Cairo, Egypt - 16 May 2007: Orascom Construction Industries announced that it has acquired a 60% stake in Samba SPA, the largest aggregates producer in Algeria, for a total sum of US$ 8 million. Samba owns and operates a crushed stone quarry which is located in Blida, only 40km from the capital Algiers. Samba controls a total of 60 million tonnes of crushed stone reserves and has a quarrying capacity of approximately 1 million tonnes of aggregates per year. OCI intends to increase the production capacity of their existing plant and equipment up to 5,000 tonnes per day which will double their annual output to 2 million tonnes of aggregates per year through additional investments.

OCI Chief Executive Officer Nassef Sawiris commented: "The acquisition of Samba solidifies our presence as an integrated manufacturer in Algeria. OCI will continue to build up its aggregates and ready-mix operations in core markets in order to enhance the distribution reach for its cement products and to compliment the development of the construction markets in high growth emerging markets which are increasingly demanding ready-mix concrete.”

About Orascom Construction Industries' aggregates and ready-mix operations

OCI currently produces and distributes aggregates and ready-mixed concrete primarily in Spain, Egypt and Algeria.

OCI has a 50% stake in Grupo GLA (GLA), the largest independent aggregates and ready-mix concrete producer in Spain. GLA has aggregates and ready-mix concrete operations throughout Spain with market leading positions in Madrid and Valencia. GLA has an annual quarrying capacity of 5 million tonnes of aggregates with more than 240 million tonnes of reserves spread over 11 quarries. GLA has an annual production capacity of 3.5 million cubic meters of ready-mix concrete and is currently constructing a grinding plant south of Madrid capable of producing 600 thousand tonnes of cement annually. GLA also owns 59% of Cementos La Parrilla (CLP) which operates a grinding plant capable producing 1.2 million tonnes of cement annually located near the city of Valladolid, northwest of the capital city Madrid. Together, GLA and CLP will have 1.8 million tonnes of cement grinding capacity located both north and south of Madrid.

OCI Aggregates & Ready-mix Operations

Ready-mix Egypt (RME) is one of the largest aggregates and ready-mix companies in Egypt. During 2006, RME sold 0.5 million cubic meters of concrete and 0.5 million tonnes of aggregates. RME operates 3 sand and gravel quarries and also operates 9 mobile batch plants and 41 concrete truck mixers.

Ready-mix Algeria (RMA) is one of the largest aggregates and ready-mix companies in Algeria. RMA works closely with the sales team at Algerian Cement Company, an OCI subsidiary, to provide customers with high quality and timely ready-mix products. During 2006, RMA acquired rights to operate 5 aggregates quarries with ample reserves and also purchased 30 concrete truck mixers, 6 mobile pumps, 4 concrete tracing booms, 2 stationary pumps and 8 batch plants.

In October 2006, the BESIX Group announced the acquisition of Socogetra which has 60 years of experience in the road construction industry and is a producer of aggregates, ready-mix concrete and asphalt. Socogetra has an annual production capacity of 1.1 million tonnes of aggregates including a limestone quarry capable of producing 700,000 tonnes annually which is owned in joint venture with Lafarge. OCI owns 50% of the BESIX Group.

[Ramses2I]

OCI Announces Dividend Distribution Date

OCI to distribute a EGP 5.5 cash dividend per share on 30 May 2007


Cairo, Egypt - 16 May 2007: Orascom Construction Industries (OCI) has announced today that it will distribute a cash dividend of EGP 5.5 per share (US$ 1.93 per Global Depository Receipt) on 30 May 2007 to holders of the share as at 27 May 2007.

Global Depository Receipts (GDRs) holders should contact the Bank of New York for information the dividend payment process.

In the Annual General Assembly (AGM) which was held on Sunday 6 May, OCI shareholders approved all proposed resolutions including a EGP 5.5 cash dividend per share which implies a payout ratio of 42% of consolidated net income for the fiscal year ended 31 December 2006 and an increase of 175% over the total cash dividend distribution for the previous year. Shareholders also approved an increase in the ratio of independent directors on the Company’s Board of Directors through the resignation of two executive directors without replacement.

[Ramses2I]

Lange wird es nicht mehr dauern, dann ist Orascom dreistellig und
ein Aktiensplitt ist an der Reihe. Freue mich hier bei WO und bei Orascom
zwar alleine...aber das macht ja nichts.

[Ramses2I]

Antwort auf Beitrag Nr.: 29.527.876 von Ramses2I am 29.05.07 18:04:56

Das hat ja schneller geklappt wie ich gedacht hätte.

[Ramses2I]

Cairo, Egypt - 31 May 2007

OCI announces 2007 First Quarter Results

Summary of First Quarter '07 Performance:

· Consolidated revenue grew 46% to US$ 835.6 million (LE 4,768.8 million), versus US$ 571.8 (LE 3,286.2 million) in Q1 2006

· EBITDA rose 42% to US$ 230.1 million (LE 1,313.3 million) versus US$ 161.8 million (LE 930.3 million) in Q1 2006

· Net income increased 54% to US$ 140.3 million (LE 800.4 million) US$ 91.4 million (LE 525.0 million) Q1 2006

· Consolidated EBITDA margin of 27.5% and operating margin of 23.9%

· Annualized return on equity of 45%, (Q1 2006, 47%)

· Annualized net debt/EBITDA of 1.5, (Q1 2006, 1.8)

Performance Highlights by Division

Cement Group

· Cement Group EBITDA grew 55% during first quarter 2007

· Cement Group sold 4.2 million tonnes during Q1 ‘07, up 61%

· Growth driven by healthy pricing and strong organic volume growth

Construction Group

· Construction EBITDA grew 22% and net income increased 30% during the first quarter 2007

· Backlog as of 31 March 2007 grew to US$ 2.6 billion (LE 14.8 billion), compared to US$ 2.2 billion as at 31 December 2006

· Construction Group recorded US$ 1 billion in new contract awards during first quarter 2007, a 211% increase over the same period last year

Nassef Sawiris, Chief Executive Officer said:

Orascom Construction Industries (OCI) has witnessed another exceptional start to the year, driven by strong markets for both our cement products and construction services. In recent months, our Cement Group announced greenfield projects in Saudi Arabia and Syria, strengthening OCI’s presence in two new high growth emerging markets. Grupo GLA’s acquisition of new aggregates operations in March, further asserts our strategy to expand our investments in ready-mix and aggregates operations. We have also acquired the largest aggregates producer in Algeria as we strive to lead the development of the aggregates and ready-mix sectors in our core emerging markets. During the next six months, Our Cement Group is focused on delivering four new greenfield plants in the UAE, northern Iraq, and Algeria in addition to an upgrade of our plant in Turkey, which will raise our production capacity to 30 million tonnes.

During the first quarter, our Construction Group was awarded new contracts worth approximately a billion dollars including $180 million for work on the first phase of the third Cairo Metro expansion project and US$ 133 million for the construction of the El-Tebbin thermal power plant in Egypt emphasizing our core competence in the transportation and power sectors. We continue to benefit from fast growth in opportunities in the region yet remain selective of our projects and clients.

The first quarter witnessed the incorporation of Sorfert Algerie, our joint venture with Algerian state-owned oil and gas company Sonatrach. This investment together with the ammonia plant under construction in Egypt which is scheduled for completion in 2008, will contribute substantially to our consolidated growth in 2010 onwards. These projects stand to benefit from historic high prices for fertilizers which are being partially fueled by the rising demand for agricultural – based commodities as an alternative fuel.

For the year ahead, we aim to continue investing our free cash flow in new greenfield investments, select acquisitions and the build-up of our ready-mix and aggregates business. Our focus continues to be the delivery of the highest returns possible to our shareholders.


Ja so habe ich das gern Herr Sawiris.

[Ramses2I]

Habe soeben gesehen das mir die Dividende am 11. Juni
gebucht worden ist.

Was aber noch mehr von Interesse ist, sind natürlich
die Kurssteigerungen mit Orascom.

[Ramses2I]

Sorfert Algérie Signs Agreement with Uhde

Sorfert Algérie signs agreement to design, develop and construct a world class fertilizer complex near the Mediterranean coast in Algeria



Cairo, Egypt - 25 June 2007: Orascom Construction Industries (“OCI”) has announced that Sorfert Algérie (“Sorfert”), a joint venture between OCI and the Algerian state-owned oil & gas company Sonatrach, has signed an Agreement with Uhde GmbH (“Uhde”) to design, develop, and construct a world class fertilizer complex which will be located in the industrial zone of Arzew near three major Algerian ports on the Mediterranean coast for a total value of EUR 1.17 billion + US$ 160 million. The complex will consist of an ammonia/urea production unit of 1.1 million tonnes per year and a second ammonia production unit with a capacity of 0.77 million tonnes per year. The first unit is expected to start operations end 2010, and the second unit will start operations six months later.

OCI Algeria, OCI’s Construction Group subsidiary and one of Algeria’s largest construction contractors, is expected to perform all onshore works on the new complex. OCI has significant track record in the construction of fertilizer plants having provided construction services on four fertilizer plants in Egypt.

Uhde is a company in the technology segment of the ThyssenKrupp Group. With more than 25 years of experience in the field of urea production technology and a solid global track record, Uhde is a world leader in the field.

Sorfert was incorporated in early 2007 as a joint venture between OCI (51%) and Sonatrach (49%) to construct and operate state-of-the-art greenfield fertilizer complex.

Sonatrach is the national oil and gas company of Algeria. Wholly owned by the Government, Sonatrach is the largest contributor to Algeria’s gross domestic product (GDP). Sonatrach is the largest oil & gas company in Africa, the world’s second largest exporter of liquefied natural gas and the world’s third largest exporter of natural gas.

OCI Chief Executive Officer, Nassef Sawiris commented “we are extremely proud of our partnership with Sonatrach and its management team. The project is now on track to be Algeria’s largest fertilizer producer and geared to be a major exporter on the Mediterranean.”

OCI aims to invest in greenfield industrial projects which leverage competitively priced natural gas in the region and which utilize our Construction Group capabilities to reduce the time and cost of development. OCI intends to actively pursue investment opportunities in urea and ammonia fertilizer plants in the region as both a contractor and an equity investor. In addition to its investment in Sorfert, OCI is the largest shareholder in Egyptian Basic Industries Corporation (“EBIC”), which is currently constructing a state-of-the-art ammonia plant in Egypt with a production capacity of 0.7 million tons per year. The EBIC plant is scheduled to start operations in mid 2008.

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[Ramses2I]

OCI Subsidiary Syrian Cement Company Signs EPC Contract


Syrian Cement Company signs engineering, procurement and construction contract with F.L.Smidth / OCI consortium for its 3 million tonnes per year greenfield plant in north Syria

Cairo, Egypt - 27 June 2007: Orascom Construction Industries (“OCI”) has announced that its 75% owned subsidiary Syrian Cement Company* (“SCC”) has signed an Engineering, Procurement and Construction (EPC) contract with a F.L.Smidth (“FLS”) / OCI consortium for a total value of approximately US$ 211 million + EUR 110.6 million, for the 3 million tonnes per year greenfield which will be located in the north of Syria near the border with Turkey. Kiln firing is expected to take place within 25 months. The SCC plant will be the ninth project to be executed by an FLS / OCI EPC consortium in the last seven years. FLS and OCI have jointly executed projects in Algeria, Libya, Nigeria, Pakistan, and United Arab Emirates.

OCI has also submitted a formal request to the relevant governmental authorities for approval of a white cement greenfield production line at the same location with an annual production capacity of 550,000 tonnes per year. Syria currently relies on imports for its domestic consumption of white cement.

OCI announced its investment in the Syrian cement market on 2 May 2007 with the establishment of Syrian Cement Company in partnership with Mr. Ferras Tellas, a prominent Syrian businessman. The greenfield plant will help alleviate the growing cement deficit in the domestic market which currently imports in excess of 30% of the total cement consumed. The plant site is situated approximately 30 km south of the Turkish border and 500 km north of Damascus.

As a cement producer, OCI owns and operates cement plants in Egypt, Algeria, Turkey, Pakistan, northern Iraq, and Spain which have a combined annual production capacity of 21 million tonnes. Our new investments in northern Iraq, Turkey, Nigeria, Algeria, the United Arab Emirates, Saudi Arabia and Syria will increase our annual production capacity to 39 million tonnes.

[Ramses2I]

OCI Construction Group is Awarded New Airport Projects

OCI is awarded two contracts valued at US$ 127 million for the expansion of the Borg-El Arab International Airport and the construction of a new air traffic control tower at Cairo International Airport

Cairo, Egypt - 11 July 2007: Orascom Construction Industries (“OCI”) has announced that is has been awarded a US$ 127 million (EGP 720 million) in new construction work on two major airports in Egypt. The first contract was awarded to an OCI / BESIX joint venture with a total value of US$ 97 million (EGP 550 million) for the modernization and expansion of the Borg El-Arab International Airport. The airport is situated 43 km from Alexandria, Egypt’s second largest city. The project is jointly funded by the Japan Bank for International Cooperation and the National Bank of Egypt. The scope of work includes the construction of a new passenger terminal with a capacity of 1,000 passengers per hour and is equipped with state-of-the-art aeronautical equipment in accordance with standards set by the International Civil Aviation Organization. It also includes the construction of a cargo terminal with a capacity of 10,000 tons per year, aircraft parking aprons and taxiways, air traffic control towers with necessary auxiliary buildings, an aircraft fuel station in addition to various administrative and utility structures.

The second contract was awarded to OCI with a total value of US$ 30 million (EGP 170 million) for the construction of a new air traffic control tower at Cairo International Airport. The project is funded by the Egyptian Holding Company for Airports and Air Navigation. The scope of work encompasses the construction of a 100-meter high concrete tower structure with a steel and glass control room on top along with maintenance and antenna systems. The project also includes the construction of four 36-meter high buildings for radar equipment in addition to various auxiliary and utility structures.

OCI Construction Group Managing Director, Osama Bishai commented “we are pleased with these two competitively won awards that represent work in a vital sector. We are proud to partake in the development of the aviation infrastructure in Egypt. We shall continue to focus on the development of our core competencies in infrastructure projects with a primary focus on the power, transportation and oil & gas sectors in Egypt.”

As a contractor, OCI provides engineering, procurement and construction services on large, complex and demanding industrial, commercial, water/sewage, transportation, telecommunications, maritime, tourism and railway projects for private and public customers principally in the Middle East, Africa and Central Asia. The OCI Construction Group is active in over 100 projects in more than 20 countries.

[Ramses2I]

OCI Invests in DPRK Cement Industry


OCI signs agreement to acquire 50% of Sangwon Cement through capital increase with aim to modernize and upgrade plant

Cairo, Egypt - 16 July 2007: Orascom Construction Industries (“OCI”) has announced that it has signed an agreement with the state-owned Pyongyang Myongdang Trading Corporation to acquire a 50% stake in Sangwon Cement which owns and operates the cement plant nearest to Pyongyang, the capital city of the Democratic People’s Republic of Korea (“DPRK”). The plant, which is originally supplied by German equipment supplier KHD, has two dry-process production lines with a combined design-based nominal capacity of 2.5 million tonnes per year.

Based on the signed agreement, OCI will acquire 50% of Sangwon Cement for a total value of US$ 115 million. The acquisition will take the form of a capital increase from which the proceeds will be used to modernize, rehabilitate and upgrade the plant capacity to reach 3 million tonnes per year. The proceeds will also be used to invest in ready-mix concrete and distribution activities. In addition to the Sangwon cement plant, the agreement also includes mining operations related to the cement production including limestone quarries, a coal mine and a gypsum quarry. It also includes a dedicated hydroelectric power station near the plant. The plant also has its own railway connection to the national railway grid which connects the plant to the Port of Nampo thus allowing for exports.

Technical proposals for the rehabilitation and upgrade of the Sangwon cement plant are currently being prepared by F.L.Smidth, Polysius and KHD, all global leaders in the field of cement plant equipment technology. With surveys of the plant already completed, a decision on the award is imminent and should be finalized during the third quarter. Work on the plant is expected to begin soon after.

OCI Chief Executive Officer, Nassef Sawiris commented “we have been impressed by the level of professionalism and technical know-how demonstrated by our partners. We have sensed an earnest eagerness for development and modernization. Our investment in cement marks the beginning of a variety of investments including the potential establishment of an economic trade zone in the northern part of the country. We are also exploring opportunities in the mining and power sectors. We hope that our pioneering efforts in the DPRK market will contribute to the development of the country and create significant value to our shareholders. ”

New investments in northern Iraq, Algeria, the United Arab Emirates, Nigeria, Turkey, Saudi Arabia, Syria and DPRK will increase the OCI Cement Group annual production capacity to 42 million tonnes.

[Ramses2I]

OCI Announces New Cement Investment in South Africa

OCI plans to invest US$ 440 million in a new greenfield cement plant in the North West Province of South Africa with an annual capacity of 2 million tonnes. OCI awards equipment supply contracts to Polysius and Siemens.

Cairo, Egypt - 29 August 2007: Orascom Construction Industries (OCI) today formally announced the launch of Mafikeng Cement Company (MCC) in the North West Province of South Africa which will build and operate a state-of-the-art cement plant with a production capacity of 2 million tonnes per year. OCI owns 67.5% of the new start-up venture. Minority partners in MCC include the Barolong-Boo Rapulana Traditional Council and the Barolong-Boora Tshidi Traditional Council each representing their respective local communities, as well as the Osman Family Trust, Bazan Family Trust, Lezak Family Trust, who together with the Traditional Councils are broad-based black economic empowerment (BBBEE) groups, and Redsun Enterprises.

The total investment cost of the project is expected to reach approximately US$ 440 million (R 3.2 billion). The plant is expected to begin production during 2010.

The launch of the new cement venture was announced at an event held today in Mafikeng in the Ngaka Modiri Molema District of the North West Province attended by local and national government dignitaries, members of the Traditional Councils and their respective communities alongside the shareholders of MCC.

At the ceremony, OCI signed a plant equipment order with Polysius, supplier of plant design and main machinery, and a contract with Siemens for electrical and automation equipment / materials for the Mafikeng cement plant.

OCI Chief Executive Officer, Nassef Sawiris commented “We are very pleased to announce our new investment in South Africa. We are committed to deliver a state-of-the-art cement plant which will cater to the fast-growing demand for cement in the country and offer the highest quality products. Our new subsidiary will contribute to the development of the North West Province of South Africa through numerous ways including the creation of new job opportunities during and after the construction of the plant.”

Mr. Sawiris added “We are extremely pleased to partner with the local communities who have played a vital role in bringing this project to life. We are also grateful to the local government of the North West Province, the South African government, especially the Department of Trade & Industry, and the Egyptian diplomatic team for their continued support of the project. We are proud to be able to further contribute to the South African government’s black empowerment initiative through partnering with a diverse base of BEE shareholders.”

On OCI Cement Group capacity growth, Mr. Sawiris added “With the addition of MCC, OCI Cement Group will achieve an annual production capacity of 44 million tonnes by 2010.” OCI expects to commission greenfield cement plants in Algeria, United Arab Emirates and northern Iraq during the fourth quarter of 2007.

The deal was hailed by Minister Mpahlwa, South Africa’s Minister of Trade and Industry, as “ensuring that the country has the resources and opportunities it needs to facilitate economic growth. This deal is a good example of the implementation of the Industrial Policy which aims inter alia to support broad based growth and contribute to economic development on the African continent by actively supporting its productive capabilities and more developmental regional trade integration.”

[Ramses2I]

Cairo, Egypt - 3 September 2007

OCI Announces First Half 2007 Results

Summary of Results for the First Half Ended 30 June 2007:

• Consolidated revenue grew 43% to US$ 1,731.3 million (LE 9.874.1
million) versus US$ 1,214.9 million (LE 6,989.5 million) in H1 2006
• EBITDA rose 48% to US$ 515.0 million (LE 2,937.0 million) versus US$
347.7 million (LE 2,000.7 million) in H1 2006
• Net income increased 46% to US$ 307.1 million (LE 1,751.5 million)
versus US$ 210.1 million (LE 1,208.6 million) in H1 2006
• Consolidated EBITDA margin of 30% and operating margin of 25%
• Annualized return on equity of 43% (H1 2006, 41%)

Cement

• Cement Group EBITDA grew 55% during H1 2007
• Cement Group sold 8.4 million tonnes during H1 2007, up 32%
• Main contributions from Algerian, Egyptian, northern Iraqi and Spanish
operations
• Ready-mix concrete sales 4.5x same period last year as a result of new
investments and the acquisition of a 50% stake in Spanish Group GLA

Construction

• Construction revenue grew 50% and EBIDA grew 64% during H1 2007
• Backlog as at 30 June 2007 stood at US$ 3.5 billion (LE 19.7 billion),
compared to US$ 2.2 billion as at 31 December 2006
• Construction Group recorded US$ 1.8 billion in new contract awards
during the second quarter of 2007, a 145% increase over the same period last
year


Statement from the Chief Executive Officer

Orascom Construction Industries (OCI) maintained its 2007 growth momentum with
solid first half results. Consolidated revenue grew 43%, EBITDA rose 48% and net
income increased 46% in dollar terms over the same period last year. We continue
to generate exceptional returns for our shareholders.

Our Cement Group continues to pursue attractive opportunities in emerging
markets. We have recently announced two major breakthrough investments in
Sangwon Cement (DPRK) and Mafikeng Cement (South Africa) adding five million
tonnes of annual cement production capacity to our future pipeline. Our
acquisition of a 50% stake in Sangwon Cement secures us a first entry advantage
in a frontier emerging market. Our investment in South Africa reinforces our
position as the largest cement group on the African continent. We are now active
in Africa\'s four largest economies.

Equipment, procurement and construction contracts have already been signed for
our greenfield plants in Syria and Saudi Arabia, award decisions are being
finalized for the rehabilitation and expansion of the Sangwon Cement plant, and
equipment orders have already been placed for our South African greenfield
plant. We have started the commissioning process for our greenfield plants in
the UAE, northern Iraq, Algeria (both grey and white cement plants) and our new
grinding facility in Spain, which should significantly contribute to our 2008
cash flows and earnings. The new plants will add 10 million tonnes of annual
cement production capacity raising our total Cement Group capacity to 32 million
tonnes by year-end.

Our cement operations continued to benefit from favorable market conditions. Our
Algerian and Egyptian cement subsidiaries witnessed double-digit sales volume
growth and our cement sales in northern Iraq grew seven fold as a result of the
capacity ramp-up at Tasluja Cement.

During the second quarter, our Construction Group was awarded a record US$ 1.8
billion in new contracts (50% of BESIX contract awards reflected in line with
our consolidation method), approximately 2.5x the value of work booked during
the same quarter last year and reflecting vibrant market conditions in our key
geographic areas of operations. Our consolidated construction backlog stood at
approximately US$ 3.5 billion, 1.6x the backlog figure at year-end 2006. The
Construction Group\'s operating margin inched up 140 basis points echoing an
improving contract pricing environment.

Construction work on greenfield ammonia plant of EBIC in Egypt is progressing
ahead of schedule with commissioning likely to begin during the second quarter
of 2008. Sorfert Algeria successfully signed its EPC contract with Uhde/OCI
consortium for a total value of US$ 1.7 billion for its planned two
state-of-the-art fertilizer plants near the Algerian coast. Growing demand for
agricultural products continues to keep fertilizer prices near their all-time
highs.

We shall continue to pursue both greenfield and acquisition opportunities in
order to sustain our growth momentum leveraging our employees\' entrepreneurial
drive and our strong balance sheet. As always, we are committed to deliver the
highest returns for our shareholders.

[Banker-de]

Antwort auf Beitrag Nr.: 31.382.152 von Ramses2I am 04.09.07 12:21:23

So, jetzt habe ich lange genug zugeschaut. Heute erste kleinere Position gekauft. Hoffentlich geht es jetzt so weiter.

Glaube Ramses2I und ich sind die einzigen, die sich für den ganzen Haufen von Orascom interessieren. .

[Ramses2I]

Antwort auf Beitrag Nr.: 31.719.905 von Banker-de am 24.09.07 12:31:04

Das Gefühl könnte man fast bekommen - macht mir aber nichts aus.
Habe mit Orascom Contruction bis jetzt schon schöne Gewinne eingefahren.

[Ramses2I]

Antwort auf Beitrag Nr.: 31.719.905 von Banker-de am 24.09.07 12:31:04

Und Banker-de,

denke mal, dass du über deinen Einstieg bis jetzt ganz glücklich sein kannst...oder?

[Banker-de]

Na klar mein Lieber, habe nur ein paar Stück, aber Kleinvieh macht ja bekanntlich auch Mist.

Und sonst geht es dir gut. Welche Shares hast du noch in der Pipeline. Kannst mir ja mal ne BM schicken.

[Ramses2I]

OCI Awarded US$ 89 million in New Contracts in Algeria

OCI is awarded new construction contracts from the Algerian Ministry of Housing to build new educational facilities and a contract to expand a tobacco factory from Société des Tabacs Algéro-Emiratie (STAEM)

Cairo, Egypt - 9 October 2007: Orascom Construction Industries (OCI) has announced that its fully owned construction subsidiary OCI Algeria (OCIA) has been awarded two contracts from the Algerian Ministry of Housing to build the campus for the French international school and for a new law school. OCIA has also been awarded a contract to expand an existing tobacco factory in Algeria by STAEM, an Algerian-UAE tobacco company.

The contract for the new law school campus has a total value of US$ 47 million. The law school to be located in the capital city Algiers will have a capacity of 10,000 'student seats'. The project is expected to be completed during Q3 2009. The scope of works includes design and execution of all civil works and installation of campus infrastructure.

The contract for the new French international s is valued at US$ 18.4 million. The new school will also be located in the capital city of Algiers. The project is expected to be completed during Q4 2008. The contract has also been awarded to OCI Algeria on a turnkey basis including all civil works and the infrastructure for campus-wide audio-visual technology.

The third contract awarded by STAEM to expand their existing tobacco factory located in Koleaa, 30 km from Algiers, is valued at US$ 21 million. The project is expected to be completed during Q4 2008. OCI’s scope of work includes all the civil, mechanical and electrical work.

OCI Construction Group Managing Director, Osama Bishai commented “our construction subsidiary in Algeria is benefiting from the operational infrastructure we have built over the last eight years which includes a workforce of 5,000 Algerians and Egyptians, and includes investments in ready-mix concrete, aggregates and steel fabrication. OCI Algeria is currently providing construction services on a range of vital infrastructure including transportation infrastructure, power, sea water desalination, cement and fertilizer projects.”

About OCI Operations in Algeria

Cement

OCI currently owns and operates a cement production plant in central Algeria through its wholly owned subsidiary Algerian Cement Company (ACC), with an annual cement production capacity of 5 million tonnes. OCI expects to commission a greenfield cement production plant through its wholly owned subsidiary Ciments Blanc d’Algérie (CIBA) in northwest Algeria with an annual cement production capacity of 2.5 million tonnes of grey cement and 0.55 million tonnes of white cement during 2007.



Cement Bags

Algerian Bag Company (ABC), a 100% owned subsidiary, ensures a consistent high quality supply of cement bags to its cement operations in Algeria. The ABC plant has an annual production capacity of 80 million cement bags.



Ready-Mix Concrete and Aggregates

Through Algerian Concrete Technologies (ACT) and Samba, OCI is Algeria’s largest aggregates and ready-mix concrete producer. ACT owns and operates a fleet of batch plants and mixer trucks which have a combined annual production capacity of 1.2 million cubic meters of read-mix concrete. ACT owns and operates aggregate quarries across Algeria with an annual production capacity of 2.8 million tonnes and reserves exceeding 60 million tonnes.



Construction

OCI’s wholly owned construction subsidiary OCI Algeria provides engineering, procurement and construction services on large and complex projects across Algeria including a range of transportation (airports, roads and railway), cement, power, telecommunications, petrochemicals, fertilizer, water and high-end commercial projects.

[Ramses2I]

OCI is Awarded EGP 604 million Contract to Build First Integrated Solar Power Plant in Egypt



OCI Construction Group receives new order valued at EGP 604 million for construction work on a new Integrated Solar Combined Cycle Power Plant (ISCC) in Egypt

Cairo, Egypt - 22 October 2007: Orascom Construction Industries signed an EGP 604 million (US$ 109 million) contract with the New and Renewable Energy Authority (NREA), a subsidiary of the Egyptian Ministry of Electricity, for the construction of new 62MW Integrated Solar Combined Cycle Power (ISCC) Plant in Kuraymat, Egypt. German Fichtner Solar GmbH has been chosen for the technology and engineering of the new plant.

The scope of work under the contract includes all civil work in addition to two years worth of operation and maintenance for the plant. The contract also includes the engineering, procurement, construction, testing and commissioning of the solar field and service area for the ISCC plant. The Solar Island will consist of a parabolic trough solar field capable of generating 62MW of solar heat at a temperature of 393°C. The Solar Island will also include the related instrumentation and communication systems, the control room and the heat transfer fluid (HTF) system as well as the HTF inlet and outlet flanges of the Solar Heat Exchangers. The plant will also have a metrological station, special solar field equipment, an HTF area and an operation building.

The project will be co-financed by the Global Environment Facility (GEF), through the International Bank for Reconstruction and Development (IBRD) and by the Egyptian Government through a loan provided by the National Bank of Egypt.

OCI Construction Group Managing Director, Osama Bishai commented: "The ISCC contract is a milestone achievement for OCI. OCI is proud to be involved in Egypt’s first ever Solar Power plant, the largest in the Middle East and North Africa. This project further consolidates our leading position in the energy sector. OCI will continue to bid on similar projects in the future where the group’s technical expertise can be fully leveraged.”

[Ramses2I]

31 October 2007

OCI increases stake in National Steel Fabrication to 100%

OCI acquires the remaining 50% in the largest steel fabrication business in the
Middle East

Cairo, Egypt - 31 October 2007: Orascom Construction Industries ("OCI") today
announced the purchase of the remaining 50% equity stake in National Steel
Fabrication ("NSF") from Athens-based Consolidated Contractors International
Company S.A.L. ("CCC") for a total consideration of US$ 13.5 million. CCC has
sold all of its equity interest in the business giving OCI full ownership of the
largest steel fabrication in the Middle East.

OCI Construction Group continues to actively expand this strategic support
business. In February 2007, OCI announced the establishment of a new steel
fabrication plant in Algeria with a capacity of 12,000 tons per year employing
around 600 personnel. Steel fabrication services are an essential component in
industrial projects including plant construction, oil and gas, power generation
and infrastructure projects.

OCI operates two fabrication facilities in Egypt with a combined steel
fabrication capacity of 55,000 tons per year which employ 2,650 skilled
personnel. NSF provides a complete range of steel fabrication services including
cutting, drilling, bending, welding, sand blasting and painting. This
acquisition enables OCI to derive synergies from its two operations in the
field.

OCI Chief Executive Officer, Nassef Sawiris commented "OCI has a longstanding
successful relationship with CCC and will continue to jointly pursue
opportunities in the region."

CCC Executive Vice President Samer Khoury commented "CCC values our successful
associations with OCI in Egypt, both in NSF and other projects, however, the
decision to divest our interest in NSF, was mainly due to CCC's recent purchase
of fabrication facilities in Equatorial Genea and China."


About Orascom Construction Industries

OCI is a leading cement producer and construction contractor active in emerging
markets. Based in Cairo, we employ more than 40,000 people in over 20 countries.
Working together with our employees, business partners and customers, we are
helping to build the future in developing countries around the world.

As a cement producer, we own and operate cement plants in Egypt, Algeria,
Turkey, Pakistan, northern Iraq, and Spain which have a combined annual
production capacity approaching 21 million tonnes. Our new investments in
northern Iraq, Turkey, Nigeria, Algeria, the United Arab Emirates, Saudi Arabia,
Syria, the Democratic People's Republic of Korea and South Africa will increase
our annual production capacity to 44 million tonnes. Our Cement Group exports
from Egypt and Algeria to customers in more than 30 countries including the USA,
Europe, Africa and the Middle East. We produce and distribute aggregates and
ready-mix concrete in Spain, Egypt and Algeria. We also manufacture cement bags
in Egypt and Algeria.

As a contractor, we provide engineering procurement and construction services on
large, complex and demanding industrial, commercial, water/sewage, trans
portation, telecommunications, maritime, tourism and railway projects for
private and public customers principally in the Middle East, Africa and Central
Asia. Our Construction Group is active in over 100 projects in more than 20
countries. Through partnerships with industry leaders, we also manufacture
fabricated steel products as well as architectural curtain walling and window
systems. We also have investments in natural gas industries, such as fertilizer
producers, and in infrastructure concessions, such as a port operator and an
industrial park developer.

[Ramses2I]

OCI Divests Egyptian Container Handling Company


Dubai Ports World ("DPW") to acquire 90% of Egyptian Container Handling Company
("ECHCO") for US$ 670 million

Cairo, Egypt - 31 October 2007: Orascom Construction Industries ("OCI") today
announced that an agreement was signed with Dubai Ports World ("DPW") for the
sale of its 50% stake in the Egyptian Container Handling Company ("ECHCO"). OCI
will receive US$ 372 million for its stake in the company.

ECHCO was established in 1998 to provide terminal handling and port management
services. ECHCO is the controlling shareholder of the Sokhna Port Development
Company (SPDC).

The OCI Construction Group continues to evaluate new investment opportunities in
infrastructure concessions.

Deutsche Bank acted as the sole financial adviser to OCI as well as ECHCO's
other shareholders.



About Orascom Construction Industries

OCI is a leading cement producer and construction contractor active in emerging
markets. Based in Cairo, we employ more than 40,000 people in over 20 countries.
Working together with our employees, business partners and customers, we are
helping to build the future in developing countries around the world.


As a cement producer, we own and operate cement plants in Egypt, Algeria, Turkey
, Pakistan, northern Iraq, and Spain which have a combined annual production
capacity approaching 21 million tonnes. Our new investments in northern Iraq,
Turkey, Nigeria, Algeria, the United Arab Emirates, Saudi Arabia, Syria, the
Democratic People's Republic of Korea and South Africa will increase our annual
production capacity to 44 million tonnes. Our Cement Group exports from Egypt
and Algeria to customers in more than 30 countries including the USA, Europe,
Africa and the Middle East. We produce and distribute aggregates and ready-mix
concrete in Spain, Egypt and Algeria. We also manufacture cement bags in Egypt
and Algeria.


As a contractor, we provide engineering procurement and construction services on
large, complex and demanding industrial, commercial, water/sewage, trans
portation, telecommunications, maritime, tourism and railway projects for
private and public customers principally in the Middle East, Africa and Central
Asia. Our Construction Group is active in over 100 projects in more than 20
countries. Through partnerships with industry leaders, we also manufacture
fabricated steel products as well as architectural curtain walling and window
systems. We also have investments in natural gas industries, such as fertilizer
producers, and in infrastructure concessions.

[Ramses2I]

Cement group

The OCI Cement Group is the largest cement producer in the Middle East and a leading regional cement exporter. Our principal operating cement subsidiaries are Egyptian Cement Company, which has an installed annual production capacity of 10 million tonnes, and Algerian Cement Company, which has an installed annual production capacity of 5 million tonnes. In July 2006, we successfully completed an upgrade in Egypt, a rehabilitation project in northern Iraq and commissioned a new plant in Pakistan raising our Group capacity to 21 million tonnes. We are currently constructing cement plants in the UAE, Algeria, northern Iraq, and Nigeria and have recently acquired cement operations in Turkey and Spain which are being further expanded, all of which will increase our annual production capacity to 39 million tonnes by 2009. We export cement primarily from Egypt to customers in more than 30 countries including the USA. We also produce and distribute ready mix concrete, aggregates and cement bags in Egypt and Algeria.

[Ramses2I]

Alstom/OCI Consortium Low Bidder on Algerian Power Plant

Alstom/OCI consortium is announced as lowest bidder on US$ 1.98 billion power plant project in Algeria

Cairo, Egypt - 21 November 2007: Orascom Construction Industries (“OCI”) today confirmed, in connection with a public statement by the Algerian state-owned electricity company “Sonelgaz”, that an Alstom/OCI consortium was announced as the lowest bidder for a contract to construct a new combined-cycle power plant in the Ain Temouchent region, 400 km west of Algiers. The announcement was made following a public opening of the submitted bids at 8:00 pm Cairo time. The contract is worth the equivalent of US$ 1.98 billion.

Contract signature is yet to be finalized. More information will be provided at the appropriate time.

[Banker-de]

NEWS RELEASE

Cairo, Egypt - 26 November 2007

OCI Announces Record 9M/Q3 2007 Results

Summary of Results for the 9M Ended 30 September 2007:

- Consolidated revenue grew 29% to US$ 2,685.9 million (LE 15,295.8
million) versus US$ 2,075.7 million (LE 11,940.3 million) in 9M 2006

- EBITDA rose 33% to US$ 773.8 million (LE 4,406.3 million) versus US$
579.7 million (LE 3,334.5 million) in 9M 2006

- Net income increased 40% to US$ 491.8 million (LE 2,800.5 million)
versus US$ 350.3 million (LE 2,015.3 million) in 9M 2006

- Consolidated EBITDA margin of 28.8% and operating margin of 18.3%

- Annualized return on equity of 41%

Summary of Results for the 3M Ended 30 September 2007:

- Consolidated revenue grew 11% to US$ 954.7 million (LE 5,436.7
million) versus US$ 860.8 million (LE 4,951.8 million) in Q3 2006

- EBITDA rose 12% to US$ 258.8 million (LE 1,473.8 million) versus US$
231.9 million (LE 1,334 million) in Q3 2006

- Net income increased 32% to US$ 184.7 million (LE 1,051.8 million)
versus US$ 140.3 million (LE 807.1 million) in Q3 2006

- Consolidated EBITDA margin of 27.1% and operating margin of 19.3%

Cement

- Cement Group revenue grew 72% during 9M 2007

- Cement Group EBITDA grew 52% during 9M 2007

- Cement Group sold 14.3 million tonnes during 9M 2007, up 39%

- Main contributions from Algerian, Egyptian, northern Iraqi and
Spanish operations

- Ready-mix concrete sales were 6.5x volume sold the same nine-month
period last year

Construction

- Construction revenue grew 18% and EBITDA grew 38% during 9M 2007

- Backlog as at 30 September 2007 stood at US$ 3.5 billion (LE 19.4
billion), compared to US$ 2.2 billion as at 31 December 2006

- Construction Group recorded US$ 1.7 billion in new contract awards
during the third quarter of 2007, a 66% increase over the same period
last year and 31% higher than the previous quarter

Statement from the Chief Executive Officer - Nassef Sawiris

Orascom Construction Industries (OCI) continued to generate record results. During the nine-month period ended 30 September 2007, consolidated revenue grew 29%, EBITDA rose 33% and net income increased 40% in dollar terms compared to the same period last year.

Our Cement Group has steadily achieved critical milestones across its various ongoing greenfield cement projects. To-date, the white cement plant in Algeria has begun its production operations and our third grey cement production line in Algeria has started its early cement production and sales. Our new grey line in Northern Iraq is scheduled to begin operations in December. Emirates Cement is successfully operating its early cement program and has successfully fired its kiln last week, with 8% daily market share already achieved. Our team has been focused on the timely execution of these new plants which raise our annual cement production capacity to 32 million tonnes. We have also finalized important equipment supply contracts for the rehabilitation and upgrade of Sangwon Cement and with Polysius fir our greenfield plant in South Africa. We believe we have excellent visibility across emerging markets where we operate driven by strong local demand and shall continue to pursue new acquisitions and greenfield investments.

Our Construction Group reported a backlog of US$ 3.5 billion driven by record new awards during the third quarter of US$ 1.7 billion (only 50% of BESIX construction awards included), 116% higher than the average of the value of new awards achieved during the preceding six quarters. The group has continued to successfully and selectively pursue sizeable construction contracts in the infrastructure and industrial sectors which benefit from higher profitability margins. During the nine months ended 30 September, the Construction Group achieved a record blended EBITDA margin of 17%. The Construction Group continues to demonstrate its leadership in key sectors such as power generation, emphasized by the award of two strategic power plant contracts in Egypt to-date, with a third contract for the new Sidi Kereir power plant valued at US$ 102 million being finalized. Just last week, an Alstom/OCI consortium was also announced as the lowest bidder on a US$ 2 billion power project in Algeria. It is clear that infrastructure spending and investments in the Middle East and North Africa regions have begun to reflect the windfall of US$ 60+ average oil price during the last two years notwithstanding 2007 price increases. We expect further growth in infrastructure spending during the next several years on the back of even higher oil prices.

OCI continues to actively manage its interests in infrastructure investments. We have increased our stake to 100% in National Steel Fabrication Company, the region's largest provider of steel fabrication services. We have signed an agreement to divest a 50% stake in Egyptian Container Handling Company for a consideration of US$ 372 million. We have expanded our investments in natural gas industries with the acquisition of a 20% strategic stake in Egyptian Fertilizer Company (EFC) for a total consideration of US$ 150 million. EFC has an annual production capacity of 1.3 million tonnes of urea fertilizer. This investment compliments our strategic stake in the greenfield ammonia start-up in Egypt and our joint venture investment with the Algerian state-owned oil & gas company Sonatrach in a greenfield ammonia / urea complex in Algeria. ----------------------------------------------------------------

For additional information CONTACT:

Investor Relations Department:

Hassan H. Badrawi Email: [e-mail]

Omar Darwazah Email: [e-mail]

Ahmed Sultan Email: [e-mail]

Tel: [phone] Fax: [phone]

Orascom Construction Industries

Orascom Construction Industries (OCI) is a leading cement producer and construction contractor active in emerging markets. Based in Cairo, we employ more than 40,000 people in over 20 countries.

As a cement producer, we own and operate cement plants in Egypt, Algeria, United Arab Emirates, Turkey, Pakistan, northern Iraq and Spain, which have a combined annual production capacity approaching 32 million tonnes. Our new investments in northern Iraq, Nigeria, Algeria, Saudi Arabia, Syria, DPRK and South Africa will increase our annual production capacity to 44 million tonnes positioning us among the world's top ten cement producers.

As a contractor, we provide engineering, procurement and construction services on large industrial, commercial and infrastructure projects for private and public customers principally in Europe, the Middle East and North Africa. We also have investments in natural gas industries, such as fertilizer producers, and infrastructure concessions.

For additional information on OCI: www.orascomci.com

Orascom Construction Industries (OCI) Nile City Towers - South Tower 2005A Corniche El Nil, Cairo, Egypt Tel: [phone], Fax: [phone], OCI stock symbols: OCIC.CA / ORCI EY / OCICqL / ORSD LI

[Ramses2I]

OCI is Awarded 560 million euros Contract to build a 1,200 MW Combined Cycle power plant in Algeria

Cairo, Egypt - 4 December 2007: Orascom Construction Industries (“OCI”) announced as part of a consortium that it has been awarded a contract worth 1.35 billion euros by the Algerian state-owned electricity company “Sonelgaz” (Société Nationale de l’Electricité et du Gaz) to construct a new combined-cycle power plant in Algeria on an Engineering, Procurement and Construction (“EPC”) basis. The plant which is the first of its kind in Algeria will be located in Terga Wilaya de Ain Temouchent, 600 km west of the capital Algiers and 70 km from Oran City. Alstom is the consortium partner.
OCI’s scope of work includes all construction works including all civil, steel structure, marine, mechanical and electrical erection works. The project is expected to be completed in 45 months.
With this project OCI reinforces its position as one of the leading contractors in the Middle East and North Africa region in the power generation sector. To-date, OCI has received contract awards for the 2x350 MW Thermal Power Plant located in El Tebbin, Egypt as well as the first 62MW Solar Combined Cycle Power Plant located in Kuraymat, Egypt, with a combined value of US$ 230 million.
In Algeria, OCI is the leading private sector contractor with a workforce of more than 5,000 personnel. OCI provides engineering, procurement and construction services on large and complex projects across Algeria including a range of transportation (airports, roads and railway), cement plants, power, telecommunications, petrochemicals, fertilizer, water and high-end commercial projects. OCI recently announced a joint venture with Algeria’s state-owned oil & gas company Sonatrach for the construction of an approximately 2 million tonnes per year ammonia/urea complex where it is a 51% shareholder. OCI and Uhde, a ThyssenKrupp subsidiary, are jointly constructing the complex. OCI has also invested in Algeria’s largest state-of-the-art steel fabrication complex with a capacity of 12,000 tonnes per year. Steel fabrication is an essential component in industrial construction including cement, oil & gas, power and infrastructure projects.
Orascom Construction Industries, Chief Executive Officer, Nassef Sawiris commented during the signature ceremony in Algiers today: “We are proud to be part of Algeria’s drive for development. In addition to the newly announced Terga power plant, OCI is currently constructing Algeria’s largest desalination plant with GE, is executing part of the largest road development projects in the country, is building Algeria’s largest fertilizer complex and has constructed the country’s largest cement production plants. Algeria is currently undergoing strong economic and industrial developments and key investments in infrastructure are being made. Population growth and improvements in standard of living are driving demand for infrastructure including power.”

[Ramses2I]

Antwort auf Beitrag Nr.: 32.667.690 von Ramses2I am 05.12.07 07:25:04

Das neue ATH liegt nun bei bei aktuell € 136,05 - erreicht am 05. Dezember 2007.

Hier muss man einfach nur dabei sein und nicht zu früh verkaufen...aber wann ist bei dieser Aktie der richtige Zeitpunkt?

[Banker-de]

Schön, dass du auch noch da bist. Ich habe heute bei Orascom Telecom nochmals nachgelegt.

[Ramses2I]

Antwort auf Beitrag Nr.: 32.689.740 von Banker-de am 06.12.07 21:16:52

Ich habe beide Aktien schon lange im Depot und muss sagen, dass mir Orascom Construction derzeit mehr Spass $$$ macht. Bei OT geht die Aktie schon sehr lange Seitwärts - mit entsprechenden Hochs wie auch Tiefs.

Da wäre es langsam an der Zeit, dass die Aktie dreistellig wird.

[Banker-de]

Antwort auf Beitrag Nr.: 32.689.820 von Ramses2I am 06.12.07 21:23:00

Eigentlich Schade, dass so wenig diese Aktien kennen. Bei O-Telecom bin ich schon seit 13 Euronen dabei. Kurz mal ne Gewinnmitnahme, dann wieder gekauft. Die Constraction weißt du ja, wann ich gekauft habe.

[Ramses2I]

OCI Announces Agreement with Lafarge


Cairo, Egypt - 10 December 2007: Orascom Construction Industries (“OCI”) announces that an agreement has been signed with Lafarge S.A. ("Lafarge") for the proposed divestment (“Divestment”) of the OCI Cement Group (the “Cement Group”) for a total payment of € 8.8 billion (US$ 12.9 billion)1 plus the assumption by Lafarge of US$ 2.0 billion in debt.



Highlights:

· The Board of Directors of OCI (the “Board”) intends to return approximately US$ 11 billion of the proceeds of the Divestment to OCI shareholders.

· OCI will focus on accelerating the development of its construction operations and investments in infrastructure and natural gas industries.

· An additional amount of up to US$ 2 billion will be invested to capitalize on the attractive growth opportunities in these areas.

· The Divestment crystallizes the value that has been created through the significant growth of the Cement Group.

· The Cement Group will benefit from being part of a larger and more geographically diversified business that will be the leading player in the building materials industry.

· OCI and Lafarge have also signed a cooperation agreement to allow both groups to continue to benefit from mutual synergies in the construction of cement plants.

· As part of the transaction, NNS Holding, a family investment holding company controlled by Nassef Sawiris, will subscribe for 22.5 million new shares in Lafarge at a price of € 125 per share.

· In addition to continuing his current role as Chief Executive Officer of OCI, Nassef Sawiris will also become a member of the Lafarge board of directors and will continue to chair Egyptian Cement Company as well as other key Cement Group subsidiaries.





OCI Chief Executive Officer, Nassef Sawiris, commented:



“This transaction allows us to focus all of our resources on developing our construction, infrastructure and natural gas operations which we believe currently have unprecedented growth opportunities. It recognizes the significant value created in our cement business and allows us to reward our shareholders with a substantial return of cash. The Cement Group and its employees will also benefit from being part of the leading building materials group in the world with the financial strength and geographical diversity to continue to prosper.”



1 based on an exchange rate of € 1 = US$ 1.4649


1. Rationale for the Divestment



The Board has increasingly recognized that the strategic objectives of the construction and cement groups would be better served as part of separate, focused businesses. The Board believes that the construction, infrastructure and natural gas operations offer unprecedented opportunities for investment and growth. At the same time, the Cement Group operates in a consolidating industry that will require significant investment to continue its growth profile. Given these competing demands on capital and management resources, the Board has concluded that OCI will deliver superior growth and value to shareholders by focusing all its resources on developing its construction, infrastructure and natural gas operations and divesting its cement business.



Although OCI has been highly successful in growing the Cement Group, it is still dependent on a relatively small number of key markets. To achieve the next stage of its development, the Board believes that it would be necessary to increase the geographical scale of its operations and to invest in more mature downstream markets including ready-mix and aggregates. Becoming part of the enlarged Lafarge Group will immediately achieve these strategic objectives for the Cement Group.



The Divestment will allow OCI to pursue the superior growth opportunities in the construction, infrastructure and natural gas industries and to crystallize the significant value that has been created in the Cement Group at a price that fully reflects its leading market positions.



OCI is currently active on over 100 construction projects in more than 20 countries. It is also one of the region’s largest manufacturers of fabricated steel products and has strategic investments in natural gas industries including stakes in a greenfield ammonia plant in Egypt, an operating urea plant in Egypt and an ammonia/urea complex in Algeria with a combined annual production capacity of approximately 4 million tons. OCI also invests in infrastructure concessions where it believes it can combine the roles of contractor and developer. As a result, in addition to construction work, this provides the opportunity to generate steady cash flow streams and exceptional value for shareholders.



In construction, OCI will continue to target large, complex and demanding industrial, commercial and infrastructure projects which by their nature have fewer competitors and higher margins. The Board believes that OCI is uniquely positioned in the Middle East, Africa and in select European markets to capitalize on a wide array of new projects. During the first nine months of 2007, OCI has already received a total of US$ 4.8 billion in new contract awards, 85% higher than the value of awards received during the full year 2006.



OCI will also continue to seek new high return investment opportunities which offer attractive steady cash flow streams and allow the business to leverage its project management, project finance and execution expertise. The Divestment will provide the group with up to US$ 2 billion in available funding for the implementation of its growth and investment plan.



2. Transaction Summary



The transaction is conditional on the approvals by both OCI and Lafarge shareholders, which will be sought at shareholder meetings to be held in January. The Divestment is expected to be completed during January 2008.



Under the terms of the agreement, OCI will receive a total payment of € 8.8 billion (US$ 12.9 billion) and Lafarge will assume US$ 2.0 billion of debt. The cash payment will be received in two separate installments of € 6.0 billion (US$ 8.8 billion) and € 2.8 billion (US$ 4.1 billion). The first installment is expected to be received in January, with the second installment expected in March.



The Board intends to return approximately US$ 11 billion to shareholders in the form of two extraordinary dividends. The extraordinary dividend installments are expected to be paid during the first quarter 2008. OCI will retain the remaining proceeds to finance new investments and expansion projects.



Under the agreement, NNS, a family holding company controlled by Nassef Sawiris, will subscribe for 22.5 million new shares in Lafarge at an issue price of € 125 per share. Following this subscription, NNS will own approximately 11.4% of the enlarged share capital of Lafarge. In addition, NNS will enter into a shareholder agreement with Lafarge which, amongst other things, will give NNS the right to appoint two nominees to the board of Lafarge. It is intended that Nassef Sawiris will become a member of the Lafarge board of directors.



3. Cooperation Agreement



As part of the transaction, Lafarge and OCI have agreed upon a cooperation agreement whereby both groups can continue to benefit from mutual synergies in connection with the construction and expansion of new and existing cement plants in geographic areas where OCI has a competitive advantage by virtue of its existing operational infrastructure. In addition, OCI will continue to procure its supply of basic materials at competitive prices.



4. Information on the Cement Group



The Cement Group includes all cement, aggregates, ready-mix concrete and cement bags manufacturing operations. It owns and operates cement plants in Egypt, Algeria, northern Iraq, Pakistan, United Arab Emirates, Turkey and Spain which have a combined annual gross production capacity approaching 35 million tonnes. New investments in Nigeria, Saudi Arabia, Syria, DPRK and South Africa will increase the annual gross cement production capacity to 45 million tonnes by 2010.



5. Information on Lafarge



Lafarge is a world leader in cement, aggregates, concrete and gypsum, operating in over 70 countries and employing over 71,000 people. In the year ended 31 December 2006, Lafarge reported sales of €17 billion and net income of €1.4 billion (www.Lafarge.com).



6. Advisors



Citi is OCI’s sole financial advisor on this transaction. Shalakany and Allen & Overy LLP are acting as legal advisors. Hazem Hassan KPMG is acting as the accounting and tax advisor.

[Ramses2I]

OCI Receives Letter of Intent for US$ 41 million

Cairo, Egypt - 11 December 2007: Orascom Construction Industries (“OCI”) announced today that it has received a letter of intent from Sorouh Real Estate, Abu Dhabi’s leading real estate company, for the award of a contract valued at US$ 41 million for the execution of infrastructure and landscaping works on the new Saraya Development real estate project in Abu Dhabi.

The contract is part of an initial phase of awards on this new US$ 1 billion mixed use real estate development project encompassing the construction of 30 towers with views of the Gulf. (For additional information visit www.sorouh.com)

[TafkaLDS]

hm. klingt ja eigentlich ganz lustig.
was schütten die dann da aus? *grübel*

[Ramses2I]

Antwort auf Beitrag Nr.: 32.726.640 von TafkaLDS am 11.12.07 14:54:52

Also bei der letzten normalen Divi gab es pro Aktie $ 1,91.
Es bleibt halt abzuwarten, was mit dem Verkaufserlös gemacht wird.

[Ramses2I]

In London haben wir ja nun ein leichtes Plus stehen.
Kann sein, dass wir in einem Jahr froh wären, wenn
wir bei den aktuellen Kursen kräftig zugekauft hätten.

[Ramses2I]

Auf auf zu neuen Höhen.

[Ramses2I]

Ein sehr sehr schönes Weihnachtsgeschenk der Kursanstieg von Orascom diese Woche! Bin schon gespannt wie es nächste Woche weiter geht.

[Ramses2I]

Orascom Construction Industries Extraordinary General Meeting
December 29, 2007

http://www.orascomci.com/filestore/OCIEGMProxyDecember29th20…

[Ramses2I]

Cairo, Egypt - 26 February 2008

OCI Doubles Steel Fabrication Capacity

Orascom Construction Industries (OCI) announced today that it plans to expand its investments in the industrial zone in Ain Sokhna through its wholly owned subsidiary National Steel Fabrication (“NSF”). Approximately EGP 450 million in capital expenditure has been earmarked for the construction of a new state-of-the-art steel fabrication plant to be commissioned during 2008.

The capital expenditure will be used to finance a new steel fabrication plant with an annual production capacity of 80,000 tonnes. The new yard will be built on a total area of 500,000 m2 in Ain Sokhna in the industrial park that is managed on a concession basis by OCI subsidiary Suez Industrial Development Company (SIDC). It is expected that the new plant will create approximately 3,000 new jobs.

The new plant raises OCI’s annual steel fabrication capacity to approximately 120,000 tonnes which includes the already existing plants in the 6th of October industrial park and Algeria. Steel fabrication is a vital component in the construction of industrial projects especially in the oil and gas and power sectors as well as in infrastructure works.

NSF has also completed the acquisition of IBSF (formerly known as Nasr Boiler & Pressure Vessels Company) which specializes in the design and manufacture of all types of boilers, pressure vessels, condensers and heat exchangers which serve as integral components in power plants and various industrial projects. In addition to the design and manufacture of the aforementioned products, IBSF also offers engineering, procurement, installation and startup services. The acquisition was completed at total enterprise value of EGP 75 million (US$ 13.6 million).

NSF’s list of international clients includes Vinci Energies, Alstom, Siemens, Thyssenkrupp Uhde, Polysius, Kellog Brown & Root, F.L.Smidth and Mitsubishi Heavy Industries. NSF currently provides steel fabrication services to clients in Egypt, Algeria, the United Arab Emirates, Saudi Arabia, Northern Iraq, Nigeria, Spain, the UK and Germany.

OCI Chief Executive Officer, Nassef Sawiris commented, “our steel fabrication plants provide a competitive edge for our Construction Group in the execution of turn-key industrial and infrastructure projects across the region, especially in power, oil & gas and large-scale infrastructure.”

[Jacks]

Antwort auf Beitrag Nr.: 33.653.818 von Ramses2I am 16.03.08 16:12:12

was ist denn hier heute los? Knapp -50%, Aktiensplit oder realer
Verlust? Wenn ja, was ist passiert?

[Ramses2I]

Antwort auf Beitrag Nr.: 33.682.735 von Jacks am 19.03.08 11:47:19

Zur Information:


Resolution 2

To approve the resolution of the Board of Directors of the Company dated February 19, 2008 regarding the increase of the issued capital by issuing 12,774,877 ordinary nominal shares at a value of EGP 607.93 for each share, calculated on the basis of the average closing price of the Company’s shares on CASE during the period 10 December, 2007 (the date of announcing the Lafarge transaction) until 21 February 2008 (the date of announcing the acquisition of Egyptian Fertilizers Company, SAE) plus a premium of 14% less EGP300 representing the proposed cash dividend distribution per share, which will not be available to the Subscriber.

...


http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Jacks]

Antwort auf Beitrag Nr.: 33.683.277 von Ramses2I am 19.03.08 12:19:53

danke für Deine Antwort, kannst Du das kurz auf deutsch zusammenfassen was da beschlossen wurde bzw. was da passiert?

Danke im voraus.

[hannao]

OCI GDRs Trade Ex-Dividend Today (19 March 2008)

Cairo, Egypt – 19 March 2008: Orascom Construction Industries ("OCI") confirmed today that its Global Depository Receipts (GDRs) listed on the London Stock Exchange (LSE) traded today on an ex-dividend basis as per LSE regulations for the EGP 300 per ordinary share (approx US$ 109 per GDR) cash dividend.

The record date of 24 March 2008 applies to both local shares and GDRs.

For additional information CONTACT:

OCI Investor Relations Department: [e-mail]

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[TafkaLDS]

Antwort auf Beitrag Nr.: 33.687.148 von hannao am 19.03.08 16:26:15

na also höllenpositiv - jenseits dividende und der schuppen läuft und läuft und läuft...

[TafkaLDS]

Antwort auf Beitrag Nr.: 33.694.576 von TafkaLDS am 20.03.08 10:57:31

und läuft und läuft und läuft

[Jacks]

und läuft nicht mehr...

Was ist denn da los? Gibt es irgendwelche schlechte Nachrichten
oder sind das einfach mal Gewinnmitnahmen? Gefällt mir irgendwie
nicht.

Eher halten oder verkaufen?

[HuskyEnergy]

Guten Morgen,

Ich binb auf die Firma gestossen, und auf den ersten Blick sehr beeindruckt. Der langfristige Chart schaut super aus. Aber warum hat die Aktie vor einiger Zeit einen rapiden Kurseinbruch über sich ergehen lassen müssen?

Lg Husky

[TafkaLDS]

na die haben 100 dollar je gdr dividende gezahlt. geldregen

[CaveModem [Mod]]

Guten Tag @all

auf Wunsch eröffne ich diesen Thread wieder zu weiterer Diskussion. Er ist frisch gefegt und glänzt wie neu. Viel Erfolg.

Gruß
CaveModem

[Jgersauce]

Ja danke aus akt. Anlass. Es gibt ja nicht allzuviele Aegytische werte die man in Dland handeln kann :
CASE 30 (. | Index/Basket | DB1CEX
COMMERCIAL INTL BANK LTD. Reg...902130
Lecico Egypt S.A.E. Nam.-Akt. ..A0DNH4
Orascom Construct. Industries ..800351
SUEZ CEMENT CO. S.A.E. Nam.-Ak..903989
ORASCOM TELECOM HOLDING S.A.E...940174
Telecom Egypt Company Nam.Akti..A0HM5H

Kairo Boerse www.egyptse.com

Sollte man nun vielleicht einsteigen, es heisst doch kaufen wenn die Kanonen Donnern ? (Obwohl sie donnern ja noch nicht)

[Jgersauce]

Antwort auf Beitrag Nr.: 40.954.039 von Jgersauce am 31.01.11 14:22:31

Orascom macht seit 07/02 weiter :

Go to market news section

Company Orascom Construction Inds, S.A.E.
TIDM ORSD
Headline OCI Resumes Activities in Egypt
Released 07:00 07-Feb-2011
Number 7693A07



RNS Number : 7693A
Orascom Construction Inds, S.A.E.
07 February 2011






Cairo, Egypt / 7 February, 2011 7:30 AM



Orascom Construction Industries (OCI) Resumes Activities in Egypt



OCI announces that the Construction Group has resumed work on 50 locations across Egypt representing almost 90% of total work sites starting Sunday 6 February. Certain sites remain closed due to the joint venture nature of the projects. Management is actively communicating with partners and clients to resume work on these remaining sites.



Our Fertilizer plants have continued to produce at normal operating rates. Several export shipments have been completed this week including 52 thousand tons of urea, which has been sold out through mid-March, as well as two ammonia vessels totaling 38.5 thousand tons which are expected to be completed shortly.



Work at our head office has also resumed including all services.



OCI's international operations across both the construction and fertilizer groups were unaffected by the events in Egypt and have continued to operate normally.



About Orascom Construction Industries



OCI is one of Egypt's largest corporations with projects and investments across Europe, the Middle East and North Africa. The company directly employs more than 88,000 people, including over 50,000 Egyptians and has generated US$ 3.6 billion in revenues and US$ 769 million in EBITDA during the first 9 months of 2010. OCI currently has two core business activities. The OCI Construction Group is a leading construction contractor active in emerging markets with a backlog of US$ 6.0 billion as at 30 September 2010. It primarily focuses on infrastructure projects in Europe, the Middle East and Africa in addition to industrial and high-end commercial projects. The OCI Fertilizer Group is a strategic owner and operator of nitrogen fertilizer plants in Egypt, the Netherlands and Algeria with an international distribution platform spanning Latin America, the United States, Europe and Africa.



OCI recently announced a joint venture with Morgan Stanley to invest in infrastructure assets in the Middle East and Africa. The proposed joint venture is positioned to capitalize on Morgan Stanley Infrastructure's investing expertise and its global reach as well OCI's local and regional awareness of infrastructure needs.




For additional information contact:



OCI Investor Relations Department:



Omar Darwazah

Email: [e-mail]



Erika Wakid

Email: [e-mail]



Hassan Badrawi

Director



Tel: [phone]/0917

Fax: [phone]




For additional information on OCI:



www.orascomci.com



OCI stock symbols: OCIC.CA / OCIC EY / OCICqL / ORSD / ORSCY



Orascom Construction Industries (OCI)

Nile City Towers - South Tower

2005A Corniche El Nil

Cairo, Egypt






This information is provided by RNS
The company news service from the London Stock Exchange

[santakl]

schon etwas älter, aber vielleicht interessiert es ja irgendjemand.
FOR INVESTORS THINKING of taking the plunge, Egyptian stocks have both political risk and low liquidity. In terms of the world's market capitalization, Egypt's financial markets are minuscule. EPFR Global, which follows institutional fund flows around the world, tracks just four funds in Egypt, with a modest $163 million in combined assets. Assets for Middle East and Middle East/Africa funds and ETFs are about $2 billion each, according to EFPR. While that doesn't include individuals' holdings, that's still a tiny part of the trillions invested globally.
The Bottom Line

Stocks of Egyptian companies could jump 15% as trading reopens. But investors may need nerves of steel: Political risk is high and liquidity is low, meaning it could be hard to exit.

Silk Road's Berges likes Orascom Construction Industries (ORSCY), the largest company in the EGX 30, calling it a cheap stock and one of the most competitive emerging market companies. He also likes Orascom Telecom Holding (ORTE.Egypt) and Maridive & Oil Services (MOIL.Egypt), which he says gets about 90% of its mostly dollar earnings outside its home country.

That stock is also a favorite of Larry Seruma, managing principal at Nile Capital Management, which has about 9% of its portfolio in Egyptian assets. He adds that ElSwedy Electric (SWDY.Egypt), a cable provider with revenue mostly in dollars, is worth a look.

Veteran emerging-markets money manager Axel Krohne likes Misr Duty Free (MFSC.Egypt), which operates duty-free shops and trades at 5.5 times trailing earnings per share. "If it drops a lot, I would be buying," he says.

Here's another caveat. There are stocks that are closely tied to the Mubarak regime, like Ezz Steel (ESRS.Egypt), whose shares could suffer now that the dictator is gone.

One thing is certain: Revolutions have rarely played out the way people expect.

E-mail: [e-mail]

[boersenarzt]

Antwort auf Beitrag Nr.: 41.102.760 von santakl am 24.02.11 20:49:52

Hallo ??????????????
Keiner mehr da? Hat die Revolution die Aktionäre gefressen???
Wie gehts mit Orascom weiter?????????????ß

[santakl]

Antwort auf Beitrag Nr.: 41.122.530 von boersenarzt am 01.03.11 08:53:10

steigt natürlich

[dorje2000]

(Reuters) - Credit Suisse raised its share-price target on Orascom Construction Industries (OCI), and said it expects the construction company to benefit the most from the recent aid packages to Egypt that are likely to be used for infrastructure projects.

Pledges of support from the International Monetary Fund, World Bank, Western states and wealthy Gulf Arabs provided welcome respite for Egypt after tourists and investors fled in the wake of protests that ousted Hosni Mubarak on February 11.

OCI, which also has a big fertiliser business, is likely to benefit from strong fertilizer prices, said Credit Suisse. It estimates the business to contribute 66 percent to EBITDA (earnings before interest, taxes, depreciation and amortization) in 2011, up from 51 percent in 2010.

The brokerage raised its target price on Orascom Construction stock to 307.10 Egyptian pounds from 261 Egyptian pounds, and maintained its "outperform" rating.

Shares of the company closed at 272.44 Egyptian pounds on Monday.

[dorje2000]

OCI awarded infrastructure work in Saudi Arabia

Egypt-based property developer, Orascom Construction Industries (OCI) announced that its Saudi Arabian incorporated subsidiary, Orascom Saudi Limited Company (OSL), was awarded infrastructure work valued at US$ 450 million.

OSL's scope of work comprises major civil, mechanical and electrical works including 1.4 million cubic meters of excavation, 2.1 million square meters of roads, walkways, the supply and installation of 146 kilometers of piping for the storm water, waste and potable water systems. Electrical works for the roads include the supply and installation of main substations including 238 kilometers of copper cables and trays. Construction will take 24 months to complete.

[enzofran]

!

Dieser Beitrag wurde von MaatMod moderiert. Grund: Spam, Werbung

[cash_is_king]

Wenig los hier. :-) Ich bin heute mal mit einer kleinen Position eingestiegen.

[cash_is_king]

CONSOLIDATED FINANCIAL STATEMENTS
per 30 SEPTEMBER 2012

http://www.orascomci.com/filestore/OCIConsolidatedF.SSep-201…

Zahlen in Millionen LE
Umsatz Q1-Q3 2012: 24,174.3
Umsatz: Q1-Q3 2011: 24,237.1

gross profit Q1-Q3 2012: 5,168.8
gross profit Q1-Q3 2011: 6,412.2

[cash_is_king]

Oberdoppelmist:

"ie ORASCOM CONSTR beendet zum 24.01.2015 das GDR-Programm. Da die Aktien auf unserer Lagerstelle nicht verwahrt werden können, ist ein Umtausch in die zugrunde liegenden Aktien bei Cortal Consors nicht möglich. Alle nach dem 24.01.2015 noch verbuchten GDRs werden daher an den Agent übertragen und ein eventueller Verwertungserlös (abzüglich fremder
Gebühren und ggf. Steuern) wird Ihnen zur Verfügung gestellt. Sollten Sie einen Umtausch wünschen, müssen Sie Ihre GDRs fristgerecht zu einer Depotbank übertragen bei der ein Umtausch möglich ist. Bei den hier übermittelten Informationen handelt es sich um solche, die wir im Rahmen der allgemeinen Informationspflichten gemäß unseren AGB, Teil B, XIII, Ziffer 16 der "Sonderbedingungen für den Handel in Finanzinstrumenten" an Sie weitergeben. Richtigkeit und Vollständigkeit der Informationen werden von uns nicht geprüft. Unser Haus haftet als Kommissionärin nicht für die Höhe oder die Erfüllung des Angebotes."