Mixed region
REGIONAL REPORT: NORTH AFRICA
corruption can be very damaging to
international companies. Take contractor
Saipem for example – it is still being hit
by the financial repercussions of a historic
corruption case in Nigeria involving its
Snamprogetti Netherlands business that
stem from 1994, despite having already
paid hundreds of millions of dollars
in penalties to the US Securities and
Exchange Commission.
Authorities in Italy are now pursuing this case, while at the same
time Saipem is also entangled in a separate on-going investigation
concerning alleged bribery connected with multi-million Dollar
gas contracts in Algeria.
Even more serious risks also pose a threat in the region. In
October, three employees of French contractor Vinci’s Sogea
Satom subsidiary and another Areva employee were freed from
captivity in Niger after three years being held hostage.
The workers were kidnapped along with three others during
the night of 15 to 16 September, 2010 while working for French
nuclear group Areva and Sogea Satom in Arlit, Niger.
While these were undoubtedly extreme circumstances, they
serve to highlight the heightened risks that can be faced by
contractors and manufacturers when doing business in some
countries in North Africa in the current climate.
iC
In Ethiopia, Volvo CE has
launched a technician training
programme, together with the
Swedish International Development
Co-operation Agency and the UN
Industrial Development Organisation.
Simplified maintenance and high productivity are key to the
design of Caterpillar’s new 320D Series 2 Excavator for the
African, Middle East and CIS markets.
23
december 2013
international
construction
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