Julius Berger (construction company)
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| Public (NSE: JBERGER) | |
| Industry | Construction, Real Estate Development |
| Founded | 1950 |
| Headquarters | 10 Shettima A. Munguno Crescent, 900 108 Utako, Abuja, FCT, Nigeria |
| Products | Pre-Engineered Steel Buildings |
| Services | Design, Fabrication, Erection |
| Website | www.julius-berger.com |
Julius Berger is a Nigerian construction company, headquartered in Abuja, with additional permanent locations in Lagos and Uyo.
The company is represented across Nigeria in structural engineering and infrastructure works, and in southern Nigeria through domestic and international oil and gas industry projects. It is known for constructing most of Nigeria's infrastructures, major expressways, and even some residential buildings for the Chevron Nigeria headquarters in Lagos.[1]
The company has been listed on the Nigerian Stock Exchange since 1991. Before this, its parent company was Bilfinger Berger. Bilfinger Berger is still the largest shareholder in the company.[2] The construction business of Julius Berger is the heart of the Julius Berger Group.
With 18,000 employees from close to 40 nations and clients from both Nigeria and the global oil and gas industry, Julius Berger is a leading construction company and one of the largest private employers in Nigeria.
History
In 1950, Julius Berger, the founding father of the company met Keith Thomas and incorporated his company in Germany.[3]
In August 1965, the company undertook its first project in Nigeria - the construction of the Eko Bridge in Lagos.
In 1991 the company was floated on the Nigerian Stock Exchange as "Julius Berger Nigeria Plc".
In 2001 the company moved to its new head office in Abuja.
In 2010 Business World Magazine listed Julius Berger Nigeria Plc as Nigeria's leading construction company.
In 2012 Watertown Energy Ltd., a company of the Nestoil Group acquired 10% of Julius Berger Nigeria Plc’s shares, previously owned by Bilfinger Berger GmbH, raising the company’s Nigerian shareholding to 60.1%.
Major Projects
The company built the Eko Bridge completed in 1968, the Third Mainland Bridge completed in 1990 and the Abuja Stadium completed in 2003.[4]
Tin Can Island Port, commissioned in 1977.
Lagos Inner Ring Road, completed in 1979.
Ajaokuta Steel Plant, completed in 1990.
Itakpe – Ajaokuta Ore Railway, completed in 1990.
Abuja International Airport phase II, completed in 1997.
Central Bank of Nigeria Head Office, completed in 2002.
Uyo infrastructure and road works, ongoing since 2008.
First discharge drain built utilizing pipe-jacking technology in Nigeria, completed in 2011.
National Assembly phase III, completed in 2011.
Multiple projects, Escravos GTL plant in southern Nigeria, commissioned in 2012.
Bonny Liquefied Natural Gas facility, multiple ongoing works since 1996.
Challawa Gorge Dam Karaye, completed in 1992
References
- ↑ Building Bridges, Crossing Frontiers
- ↑ Burgis, Tom (June 8, 2010). "Nigeria cancels $420m runway contract - FT.com". Financial Times. Lagos, Nigeria. Retrieved 21 September 2012.
- ↑ Julius Berger History Brochure
- ↑ Julius Berger Fact Booklet