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Home
Sector News
Construction
Group Five exits Middle East, targets Africa as it records R230m loss
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http://www.engineeringnews.co.za/article/group-five-exits-middle-east-targets-africa-as-it-records-r230m-loss-2012-08-13
Article Headline:
Group Five exits Middle East, targets Africa as it records R230m loss
Abstract:
A “bittersweet year” was how Group Five CEO Mike Upton described the 2012 financial year on Monday as he dissected the company’s annual results in Johannesburg. It was a year that saw the company attempt to wrap up legacy projects in the Middle East and India, as well as close down a loss-making construction materials division.
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