13 June 2009
The Contract Services business wing of Renaissance Services has won a new contract in Angola, valued at RO 4.6 million (US$ 12 million) for an initial period of two years with options to renew.
The Contract Services business wing of Renaissance Services has won a new contract in Angola, valued at RO 4.6 million (US$ 12 million) for an initial period of two years with options to renew.
The client is Sociedade Mineira do Luo, part of the Escom/Espirito Santo Group that operates a mining project in the Luo region. Escom is one of the largest private foreign investors in Angola, operating in the areas of mining, real estate, energy, aviation, fishery and procurement.
The Renaissance Angola office has confirmed its intention to operate the project with over 90% local staff. This is in line with the group's commitment to train and develop indigenous populations in all markets.
The Contract Services Group had performed an excellent debut year in Angola achieving 15% market share in 2008. This new contract supports the company's vision to be an internationally competitive and premier service company.
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© Press Release 2009
