, Saturday, January 1, 2000
Stock Exchange Notification
BLOM AWARDED CONTRACTS IN ITALY WORTH NOK 50 MILLION
Italian Ministry of Environment has awarded a new contract of NOK 72 million to a joint venture in which Blom`s Italian subsidiary, CGR, has a leading role. Blom`s share of the contract is NOK 37 million. The contract will be started first quarter 2009 and completed within end of second quarter 2010.
The new project includes covering of 30.000 square kilometers with LiDAR technology to establish a terrain and surface model, and implementation of a data management system. The terrain model will be used to estimate and predict hydro-geologic risk (e.g. risk of flooding). The pan-Italian database will be utilized by Ministry of Environment, Ministry of Defense and several local governments. In February 2008 Blom was awarded a similar contract from the Italian Ministery of Environment, and in August 2008 Blom was also awarded a similar contract from the Andalucian Water Agency in Spain.
The new project, as the previous one, is consistent with the standards of the EU directive INSPIRE (INfrastructure for SPatial InfoRmation in Europe), whose aim is to stimulate the availability of environmental information in Europe.
Blom’s Italian subsidiary has further been awarded a contract by Vodafone for NOK 13 million to be completed within second quarter 2009. The contract includes modeling of the whole Italian territory for planning of base stations for mobile communication. Blom believes the mapping and modeling solution will enable Vodafone to improve the positioning of its base stations and thereby improve the efficiency and lower the cost of its mobile net.