www.thestocktradinginvestment....April 29, 2012 Stock Market
OHL hopes to resume buying and Aprivia Hydrobudowa Polska, the two branches of the Polish construction PBG, who was about to buy last year before the process is thwarted.
President of OHL, Juan Miguel Villar Mir, acknowledged that his group is “attentive” and “eager” to be able to resume the purchase of 51% of Hydrobudowa Polska and 50.1% of Aprivia, to make the jump to Eastern Europe.
To OHL, Poland is a “target area”, so be confident with these two construction which, among other projects, build stadiums for Euro 2012 and have several highways in the portfolio.
In mid 2010, OHL began talks with the Polish PBG to buy a majority stake in two subsidiaries construction, trading was suspended in May last year due to developments in stock market value of companies.
Eastern Europe is a target market for OHL and emerging countries like Argentina, where he obtained 1.1% of their income, but especially Brazil and Mexico, “are called to be in 20 or 30 years, the fourth and fifth world economies. ”
In Brazil, OHL does not rule out participating in the development of new infrastructure projects over the next events to be held in the country, especially the 2016 Olympics.
Also in South America, Villar Mir said that Colombia, Peru and Chile are markets that will offer “great opportunities” to Spanish companies, for which “will be especially easy” to get contracts because to have “the same culture, religion and language.”
“I think we will continue going-Spanish companies-on a regular basis to projects in Latin America,” he said.
In the U.S., OHL examines participate in a project to build and operate a highway in North Carolina and one in California, as in China, where another toll concession analyzes.