Basil Read  
ANNUAL REPORT 2009
Milestones in time
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Operational review
 
   

 

Buildings

The buildings division is fully operational in Gauteng, Western Cape and KwaZulu- Natal. Included among its high-profile contracts are shopping mall developments in areas that will benefit from the economic boost. In a difficult year for this sub-sector across the board, the division successfully tendered for and negotiated additional work on existing contacts, ensuring it was able to retain its skills workforce. 

Boosted by the acquisition of the Gerolemou/Mvela group, the division’s order book for the year ahead is satisfactory and it is actively participating in a more buoyant tender market while maintaining the balance between competitive pricing and reasonable margins. 

Management

Peter Gerolemou, Reinoud Oranje, George de Sousa, Gerry Hanna, Louise Cornelessen

Employees 1 151
Contribution to revenue 24.9%
 
   
 
 
 
       
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