January 29, 2015 4:38 PM ET

Construction and Engineering

Company Overview of MDM Engineering Group Ltd.

Company Overview

As of October 23, 2014, MDM Engineering Group Ltd. was acquired by Foster Wheeler AG. MDM Engineering Group Limited, together with its subsidiaries, operates as a metallurgical engineering company for junior and mid-tier mining corporations worldwide. The company offers minerals process engineering and project management, and preliminary and final feasibility studies services, as well as plant design, construction, and commissioning services. Its services also include metallurgical process development, engineering and design, detailed engineering, project management, construction management, commissioning, and contracting. The company provides services in the areas of materials handling, lea...

Villa Graziella

17 Avenue de la Costa

B.P. 167

Monaco Cedex,  98003


Founded in 2006

248 Employees


377 9797 8200


377 9797 8201

Key Executives for MDM Engineering Group Ltd.

MDM Engineering Group Ltd. does not have any Key Executives recorded.

MDM Engineering Group Ltd. Key Developments

MDM Engineering Group Ltd., Annual General Meeting, Sep 30, 2014

MDM Engineering Group Ltd., Annual General Meeting, Sep 30, 2014., at 11:00 Central European Standard Time. Location: Villa Graziella.

MDM Engineering Group Ltd. Receives Contract with MMG's Kinsevere Copper Mine

MDM Engineering Group Limited advised that it has been awarded a contract with MMG Limited's Kinsevere copper, located in the Katanga Province of the Democratic of Congo. MDM will provide specific design and detailed engineering support on a number of MMG-identified projects. The projects include process optimisation and asset utilisation improvements being carried out as part of MMG's broader operational excellence program at Kinsevere.

MDM Engineering Group Ltd. Announces Audited Consolidated Financial Results for the Year Ended March 31, 2014

MDM Engineering Group Ltd. announced audited consolidated financial results for the year ended March 31, 2014. For the year, revenue was $108,705,542 against $137,198,843 for the last year. Operating profit was $11,508,616 against $19,902,776 for the last year. Profit before taxation was $12,207,024 against $20,390,551 for the last year. Profit for the year attributable to equity holders of the parent was $10,359,641 against $14,150,942 for the last year. Diluted earnings per share were 27.13 cents against 36.99 cents for the last year. Cash used in operations was $488,562 against cash generated by operations of $9,151,026 for the last year. Acquisition of property, plant and equipment was $76,703 against $510,112 for the last year.

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