Key Developments: Telvent GIT, S.A. (TLVT.O)
34.59USD
9 Feb 2010
$0.41 (+1.18%)
$34.19
$34.46
$34.80
$33.86
74,498
203,802
$41.65
$8.64
Latest Key Developments
Telvent GIT SA To Implement New Control Systems For Brazil's Metro Rio Subway Lines
Telvent GIT SA announced it has been selected by the Brazilian company, Metro Rio, to implement a new Energy Remote Control for the supervision and control of 61 substations and 34 stations of subway Lines 1 and 2. Implementation of this new system is part of the project XXI Century Subway (Metro del siglo XXI) of Metro Rio. The project includes the purchase of new trains allowing Metro Rio to double the current capacity of the underground, and transport more than 1.1 million passengers per day; as well as modernizing and implementing new stations. Telvent will provide a turn-key solution that includes installation and implementation of infrastructure for monitoring the equipments located in the stations and substations. Telvent SCADA OASyS supervisory control and data acquisition system will be implemented in the main control center, and in all the local control centers at every passenger station. Included is a Wi-Fi network for hand-held access for energy supply and auxiliary systems supervision and control.
Telvent GIT SA Wins EUR 2.3 Million Contract To Install A Tramway Traffic Management System in Morocco-Reuters
Reuters reported that Telvent GIT SA has won a EUR 2.3 million contract to install a tramway traffic management system in Morocco. The new traffic management system will be operating as of 2011 and it will allow the coordination of an 18 kilometers tramway network, which connects the cities of Rabat and Sale.
Telvent GIT SA Announced A New Contract with Gas Natural Mexico S.A. de C.V.,
Telvent GIT SA announced a new contract with Gas Natural Mexico S.A. de C.V., to deliver a turnkey technology solution to control its extensive natural gas distribution network. Telvent will lead a system update of a Supervisory Control and Data Acquisition (SCADA) system, guaranteeing a smooth transition without non-planned outages. Secure and reliable supply in a growing energy consumption market will be further strengthened by system redundancies, along with maintenance service.
DBP Transmission To Rely On Telvent GIT SA's SCADA System For Enhanced Control Of One of Australia's Longest Gas Pipelines
Telvent GIT SA announced that it will install its OASyS DNA 7.5 supervisory control and data acquisition (SCADA) system and enterprise Gas Measurement and Analysis System (GMAS) into the Master Station of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), the natural gas transmission pipeline in Western Australia.
Telvent GIT SA To Provide Technology To Operate The Longest Gas Pipeline In China
Telvent GIT S.A. announced that it has received a new project award from Petrochina to implement its real-time Supervisory Control and Data Acquisition System, SCADA OASyS, at West-East Gas Pipeline Phase II. Telvent's systems already control Petrochina's crude oil facilities. The Chinese energy company has decided to place its confidence in Telvent's systems by allowing them to also manage its gas operations. Telvent will ensure the right operation of an 8,700 kilometers pipeline that will cross the entire country of China, helping to connect the Western with the Eastern market, and giving response to the increasing civil and industrial demand of natural gas in the country. Telvent's systems will control the gas transmission and enhance accurate and reliable real-time information, key for decision making.
Telvent GIT SA To Provide Technology To Operate Gas Pipeline In China
Telvent GIT SA announced that it has received a new project award from Petrochina to implement its real-time Supervisory Control and Data Acquisition System, SCADA OASyS, at West-East Gas Pipeline Phase II. Telvent's systems already control Petrochina's crude oil facilities. Telvent will ensure the right operation of an 8,700 kilometers pipeline that will cross the entire country of China, helping to connect the Western with the Eastern market, and giving response to the increasing civil and industrial demand of natural gas in the country. Telvent's systems will control the gas transmission and enhance accurate and reliable real-time information, key for decision making.
Telvent GIT SA To Maintain Catalonian Water Agency's Automatic Hydrological Information System
Telvent GIT SA announced the renewal of its contract with the Catalonian Water Agency to carry out maintenance of its hydrological information system. The amount of the contract renewal totals more than EUR 4 million.
Abengoa S.A. Looking To Sell 12.9% Stake In Telvent GIT SA-DJ
Dow Jones reported that Abengoa S.A. has put a 12.9% stake in its technology unit Telvent GIT SA up for sale with institutional investors. Following the sale of the stake, Abengoa will still own 40% in Telvent GIT SA.
Telvent GIT SA Issues Q3 2009 Outlook; Lowers FY 2009 Outlook
Telvent GIT SA announced that for third quarter of 2009, it expects non-GAAP revenues to be in the range of EUR190-EUR194 million and diluted non-GAAP earnings per share (EPS) to fall in the range of EUR0.29-EUR0.32. It updated fiscal 2009 outlook and expects non-GAAP revenues to be in the range of EUR812-EUR826 million, down from previously estimated range of EUR826-EUR850 million and non-GAAP diluted EPS of EUR1.52-EUR1.55, down from previously estimated range of EUR1.54-EUR1.58.
Telvent GIT SA To Implement a Distribution Management Solution for the Guizhou Power Grid in China
Telvent GIT SA announced that it has been awarded a new project by Guizhou Power, in China, to improve the management of its electric distribution network. The Company will deploy its own Distribution Management System (DMS) to help Guizhou Power to supply energy across Guizhou province, in southern China, to 40 million inhabitants.
UPDATE 3-Deals of the day -- mergers and acquisitions
May 28 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Thursday. (For Reuters columns on deals, click on [DEALTALK/])
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