Engineering and industrial solutions powerhouse Bilfinger has signed an agreement with Egyptian Maintenance Company, the country's leading maintenance solutions provider, to deliver advanced maintenance and modernisation solutions.

The co-operation agreement comes in line with country's drive for optimisation and modernisation of its industrial assets and is focused on delivering advanced solutions to help end users and operators reduce maintenance cost, increase energy efficiency and maximize assets' life cycle returns.

"The Partnership is a great strategic fit, building on Bilfinger's know-how and innovative solutions such as BMC, BTC and BCAP and leveraging EMC's unparalleled capabilities and highly qualified resources in the country and beyond," remarked Ali Vezvaei, the president and CEO of Bilfinger Middle East.

Bilfinger is a leading international engineering and industrial services provider. The group enhances the efficiency of assets, ensures a high level of availability and reduces maintenance costs, he stated. 

The portfolio covers the entire value chain from consulting, engineering, manufacturing, assembly, maintenance, plant expansion as well as turnarounds and also includes environmental technologies and digital applications he added.

Mohamed Shimy, the chairman of EMC, said: "We are very pleased to establish an important partnership with a globally recognized company like Bilfinger. This resonates well with our vision of protecting our customers' assets, while creating shareholder value and maintain a leading market position."

Bilfinger is primarily active in the regions Continental Europe, Northwest Europe, North America and the Middle East. 

The company delivers its services in two business segments: Engineering and Technologies and Maintenance, Modifications & Operations. 

Process industry customers come from sectors that include chemicals & petrochem, energy & utilities, oil & gas, pharma & biopharma, metallurgy and cement, said the statement from Bilfinger. 

With its 36,000 employees, Bilfinger upholds the highest standards of safety and quality and generated revenue of €4.044 billion in financial year 2017, it added.-TradeArabia News Service 

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