Besix
Encyclopedia
BESIX is the largest Belgian construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

 group. It belongs to the BESIX Group and was founded in 1909. In 2005, the Group realized a turnover of approximately €1000 million. Until his retirement in 2002 Paul de Meester
Paul de Meester
Paul, Baron de Meester is a Belgian businessman. Until his retirement in 2002, he was President of the company Besix-Betonimmo, and he was commissioner of the Bank Brussels Lambert, before it was acquired by ING in 1997. He is also a member of the Belgian business club Cercle de Lorraine.-Source:*...

 was president of the company.

Currently Besix together with other companies is completing the construction of the Burj Khalifa. Besix is also involved in the construction of Yas Island
Yas Island
Yas Island is an island in Abu Dhabi.The island is the site of a US$36 billion development project by Aldar Properties. It occupies a total land area of 2,500 hectares, of which 1,700 hectares will be claimed for development. The island contains the Yas Marina Circuit, which hosts the Formula One...

 a residential complex in Abu Dhabi
Abu Dhabi
Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...

. Orascom Construction Industries (OCI)
Orascom Construction Industries (OCI)
Orascom Construction Industries or Orascom Construction Industries SAE is a leading Egyptian EPC contractor, based in Cairo, Egypt and active in more than 25 countries. OCI was established in Egypt in 1950 and owned by Onsi Sawiris...

owns 50% of Besix Group. The group employs over 20,000 people worldwide.

The Group wants to maintain its Belgian identity. It assures the permanent decision making in Belgium and underlines the shareholders status of 50% in de Belgian holding M.I.C. which is for 100% owned by the management of the Group. M.I.C has also the majority of the votes in the Executive Board. The Group confirms its intention to diversify, by reinvesting its profits. extracted from:
http://www.besix.com/news.asp?idLayout=0&cid=28
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