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Last €3.12 EUR
Change Today +0.01 / 0.32%
Volume 546.4K
MDF On Other Exchanges
As of 11:38 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

duro felguera sa (MDF) Snapshot

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09/8/14 - €4.44
52 Week Low
08/25/15 - €2.96
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duro felguera sa (MDF) Details

Duro Felguera, S.A., together with its subsidiaries, executes turnkey projects for the energy, industrial, and oil and gas sectors in Spain and internationally. It is involved in the management, engineering, supply, construction, assembly, start-up and operation, and maintenance of power generation facilities. The company also engages in mineral processing activities, including grinding, milling, classification, separation by magnets, gravity, flotation, heap/tank leaching, and sedimentation of residues; and handling turnkey projects, such as port terminals, homogenisation yards, and mine yards. In addition, it undertakes EPC contracts for engineering, supply of equipment and materials, construction, supervision, commissioning, start-up, and operation of plants; designs and constructs liquefied natural gas tanks, vertical and spherical storage tanks, and hydrocarbon fuel storage plants; operates and maintains refineries and storage plants; and designs and manufactures pressure vessels. Further, the company operates as a turnkey contractor for biomass and cogeneration plants, pellet plants, and smart warehouses, as well as engages in the construction, assembly, operation, and maintenance of wind farms. Additionally, it is involved in the engineering and integration of smart systems for power generation, environmental protection, transport, homeland security, and defense sectors, as well as for airports and ports; and provision of automated material handling and storage systems. It also offers equipment for the oil and gas, petrochemical, and nuclear sector; rail equipment and crossings; and equipment for the mining and infrastructure sector. The company was formerly known as Grupo Duro Felguera, S.A. and changed its name to Duro Felguera, S.A. in April 2001. Duro Felguera, S.A. was founded in 1858 and is headquartered in Gijón, Spain.

2,093 Employees
Last Reported Date: 06/10/15
Founded in 1858

duro felguera sa (MDF) Top Compensated Officers

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Executives, Board Directors

duro felguera sa (MDF) Key Developments

Royal Nickel Corporation Signs MoU for EPC Proposal with Duro Felguera Ausenco Alliance

Royal Nickel Corporation announced that it has executed a memorandum of understanding (MOU) with a joint venture of Duro Felguera S.A. ("DF") and its strategic alliance partner Ausenco Canada ("Ausenco"), pursuant to which DF-Ausenco will perform the work required to complete an EPC Lump Sum Turnkey Proposal ("EPC Proposal") for the Dumont Nickel Project. RNC has agreed to award to the DF-Ausenco alliance the engineering, procurement, construction and services agreement for the Dumont Project if certain technical and commercial parameters are met, including delivery of a lump sum turnkey proposal no later than December 15, 2015. The EPC Proposal must not exceed CAD 911 million for the defined scope of work, and will contain a Project Performance Guarantee related to cost and schedule for completion. During the preparation of the EPC Proposal, DF-Ausenco will also make reasonable commercial efforts to reduce this not to exceed value, if possible. The EPC Proposal covers 72% of the total capital cost outlined in the Dumont Feasibility Study published July 25, 2013. The cost of the remaining scope of work which will not be covered by the EPC Proposal had a value of CAD 423 million in the feasibility study. The combined value of the EPC proposal and RNC's remaining scope of work is estimated to be $1.07 billion (based on an exchange rate of USD/CAD 0.80).

Duro Felguera S.A. and Ausenco Limited Sign a Memorandum of Understanding to Form Strategic Alliance

Duro Felguera S.A. and Ausenco Limited have signed a memorandum of understanding in Madrid to form a strategic alliance in order to jointly pursue and reportedly deliver turnkey or EPC projects. Under the terms of the memorandum of understanding, the two companies will decide on a case by case basis which projects they will work together on to win the contract and deliver on an exclusive basis. The companies will decide on the mode of collaboration in each project: a consortium, joint venture, or any other format that leads to winning the project contract. Both companies have undergone significant internationalization in recent years and are now present in numerous countries in all five continents. The Alliance aims to enhance the clearly complementary nature of the scope of services provided by the two firms, Ausenco is more focused on providing studies, engineering and delivery in all the phases of a project, supporting the client from the pre-feasibility studies, while DF has so far been focused on one of these phases, i.e. turnkey or EPC construction. Hence the joint offer provides value for the client throughout the project's life cycle. The combination of the strengths of the two companies will give clients a greater guarantee by providing them with a global service from pre-feasibility studies to operation and maintenance, once built. At the same time, the geographical combination of the countries the two companies work in opens up a wider field of possibilities to identify projects that could be of mutual interest.

Duro Felguera, S.A. Signs Two Contracts with Bolognesi Energia in Brazil

Duro Felguera, S.A., or DF, has signed two contracts in Brazil with Bolognesi Energia to build the gas fired power plants of Rio Grande and Novo Tempo. The plants won the A-5 auction in 2014 held by the Agencia Nacional de Energia Electrica or National Electrical Energy Agency (ANEEL) and will be jointly built by Duro Felguera S.A. and General Electric International Inc. The turnkey contract includes the engineering, procurement, construction, commissioning and performance testing for the gas fired power plants. The capacity of each plant will be approximately 1,500 MW and the latest General Electric Class H gas turbines will be used. Over 20,000 jobs will be created in the construction of the plants, while investment will be BRL 6,500 million. The amount corresponding to DF for each project is EUR 400 million, which means a total contract price of EUR 800 million. Each plant will consume 5.5 million m3 of gas per day, provided by the Liquefied Natural Gas (LNG) regasification terminals with a capacity of 14 million m3 per day, also to be built by Bolognesi Energia. The supply of LNG will take place under a 25-year contract with a major international producer. The long-term debt for the projects will be with US Exim Bank and the BNDES. Ita BBA and the Banco de Brasil have been contracted as financial advisors and project structuring agents. With the signing of these two contracts, DF resumes its activity in Brazil in the field of energy.


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