14.12.2015 08:01:33

Arcadis confirms its team in Brazil supports Federal Authorities with their information request on the São Francisco project

(14 December 2015) In light of local press reports Arcadis confirms its team in Brazil are providing information in support of a broad investigation into a number of construction companies which are active in the São Francisco project in Brazil, a large water management project in northern Brazil.

As a member of a 50/50 consortium that is led by local Brazilian peer company Concremat, Arcadis Logos, the Brazilian daughter company of Arcadis, fulfills the role of program manager on the São Francisco project. The consortium works directly for the Brazilian Ministry of National Integration. As program manager, the Concremat / Arcadis Logos consortium provides management and technical support on behalf of the client. The Concremat / Arcadis Logos consortium does not perform construction activities.

Arcadis is fully cooperating with the Federal Authorities who visited the Arcadis offices in Sao Paulo and the house of one of its project managers on Friday December 11. Also, as part of its standard Business Compliance Policy, Arcadis has initiated its own assessment.

Arcadis will provide further information if and when appropriate.

Ends

For further press information, please contact:
Joost Slooten, Arcadis at +31-202011083 or outside office hours at +31-627061880 or joost.slooten@arcadis.com.

About Arcadis
Arcadis is the leading global Design & Consultancy firm for natural and built assets. Applying our deep market sector insights and collective design, consultancy, engineering, project and management services we work in partnership with our clients to deliver exceptional and sustainable outcomes throughout the lifecycle of their natural and built assets. We are 28,000 people active in over 70 countries that generate more than €3 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world.  www.arcadis.com.  Arcadis. Improving quality of life.





This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Arcadis N.V. via Globenewswire

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