QUALITY - Elsewedy · PDF fileElsewedy Electric always strives to add value to its quality man-agement system, that’s why our coming mission is to acquire

THE FUTURE OF ENERGY Renewable Energy Success Stories ....... 2 - 4

QUALITY Acquiring ISO 9001:2015 ....................... 6 - 7

BUSINESS IN DEPTH Fiber Glass Poles a Breakthrough ...........8 - 9

Risks of Glass & Polymer Insulators ....10 - 11

Submarine Fiber Cable System ................. 12

Efficient Cable Protection .......................... 13

Halogen Cables ................................. 14 - 15

Elsewedy Friends Club .............................. 17

Interview With The Minister ................ 18 - 19

Rowad Modern Engineering ............... 20 - 21

Energy Saving Lamps ............................... 22

Market Insight .................................... 24 - 25

UNLEASHING NEWS ................... 26 - 30

STRATEGIC MILESTONES ........ 32 - 36

INVESTORS’ UPDATES .............. 38 - 40

AROUND THE GLOBE ................ 42 - 44

HOW TO REACH US .................... 46- 47

ELSEWEDY ELECTRIC Africa

CONTENT

Ahmed El SewedyPresident & CEOELSEWEDY ELECTRIC

January 2015 Issue 8

“All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.”

Calvin Coolidge

I want to take this opportunity to congratulate President Ab-del Fattah Elsisi as one of the millions who entrusted him to carry the nation’s hopes, aspirations and dreams for a better future. We are confident of your wisdom and ability to sup-port our nation’s path of building in the present and future. We as a group support this brave decision of cutting energy subsidies; it was a hard yet wise step towards development. Subsidizing energy drawbacks are huge: they distort the economy, fuel corruption, bust budgets and, perversely, ben-efit the rich, as big users of energy, far more than the poor. Energy subsidy also consumes money from health care and education. Ending them gradually is an intelligent decision for healing the economy and encouraging investments in the energy field.The forthcoming period is full of great responsibility that necessitates that all Egyptians must become one soul and to remain committed to responsibility, awareness and progress that will be achieved through contribution to the develop-ment of Suez Canal project lunched by President Elsisi and other national mega projects.

The Suez Canal development project is now known as “The Great Egyptian Dream” because it will help the economy of Egypt to re-heal after many years of unrest. We look forward to take a part in achieving this dream and many others to come…

Designed, Edited & Published byCorporate Marketing Team

ELSEWEDY ELECTRIC AFRICA 3

In our previous issues we have highlighted the wide benefits of using renewable energy, components of solar plants and wind farms, and finally the opportunities and constraints of using clean Energy in Africa.In this issue we will state real success stories from countries all over the world who adopted renewable energy solutions smartly and effectively

Turning grandmothers into solar engineers, IndiaIndia is harnessing the sun’s energy to help rural communities thrive through applying solar energy solutions in four critical areas of village life: 1) solar electrification of 1000+ villages, 2) hot water, 3) solar cookers, and 4) fresh drink-ing water through solar powered desalination.By establishing Barefoot collage, India recruits poor old women to install and maintain solar lighting and power in their home villages.According to CNN, Each of the solar electri-fication solutions pioneered in rural, remote, non-electrified villages by Barefoot College has proved that both illiterate and semi-literate women can fabricate, install, use, repair and maintain sophisticated solar units through basic knowledge share and intense hands-on practi-cal training.

In our previous issues we have highlighted the wide benefits of using renewable energy, components of solar plants and wind farms, and finally the opportunities and constraints of using clean Energy in Africa. In this issue we will state real success stories from countries all over the world who adopted renewable energy solutions smartly and effectively.

Future of Energy

Renewable Energy… From Success To Another

By: Riham Sherif Senior Marketing SpecialistElsewedy Electric

ELSEWEDY ELECTRIC AFRICA4

on practical training. The Barefoot College has harnessed solar energy not only to provide light but also to create employment for the unemploy-able, to boost income for the poor, to save the environment by reducing carbon emission and not cutting trees, and most importantly, to provide self-reliant solutions within village life.“(Men) were restless, compulsively mobile, and they all want a certificate and the moment you give them a certificate they leave the village and go to the cities looking for jobs. So why not invest in women, older women, and mature women, gutsy women who have roots in the village and train them.” Said the founder of Barefoot Collage.

Lake Turkana Wind Power, KenyaThe Lake Turkana Wind Power Project (LTWP)

aims to provide 300MW of reliable, low cost wind power to the

Kenya national grid, equivalent to approximately 20% of the

current installed electricity generating capacity. Ac-cording to Lake Turkana website, The Project is of significant strategic benefit to Kenya, and at Ksh70 billion (€600

million) will be the largest single private invest-

ment in Kenya’s history. The wind farm site, cover-

ing 40,000 acres (162 km2), is located in Loyangalani District,

Marsabit West County, in north-eastern Kenya, approximately 50 km north of South Horr Township.Lake Turkana is Largest single wind farm in sub-Saharan Africa. Its optimal site location according to the National Wind Resource Atlas, as com-piled by the Ministry of Energy, Marsabit West County is generally gifted with exceptional wind resources. It’s a source of reliable wind as the area it is build on effectively act as a funnel caus-ing the wind streams to accelerate. The Turkana wind phenomenon stems from the East African jet stream which stretches from the ocean through the Ethiopian highlands and valleys to the deserts in Sudan in a south-east direction all year round.

All Houses Use Solar Energy, Palestine“The main renewable energy sources in Palestine are solar; almost all house-holds use solar water heaters” said the Palestinian Minster of Electricity. According to recent studies, Renewable energy is important for Palestine, both for energy security reasons as well as for improving economic conditions. There is high potential for solar energy in Palestine, with a daily average solar radiation of 5.4 kWh/m2. The high values of solar radiation encourage the use of solar energy for different applications such as water heating, drying of crop vegetables and fruits, water desalination, water pumping and electrification of remote locations isolated from the electrical networks (ases).

Jeffreys wind Farm, South AfricaThis project is one of the first and largest wind farms in South Africa. It is part of the South African Government’s REIPPP. The wind farm site spans 3 700 hectares on which there will be 60 wind turbines erected. The project will supply Eskom 132 kV grid line and generate 460 000 MWh per year, supplying enough clean renewable electrical energy to power more than 100 000 average South African households.

“African countries have abundant renewable energy resources”

“African countries can reduce their dependence on oil and natural gas, creating energy portfolios that are less vulnerable to price rises”

Future Of Energy


Elsewedy Electric Clean Energy Segment

Powered by the expected growing expansion for clean Energy in Egypt & MEA region, Elsewedy Electric had the clean Energy sector established that is responsible for the wind and solar energy complete solutions. We can readily continue this rapid expansion of renewable energy by utilizing existing technologies, investing in improvements to our electricity system, and making smart policy decisions that move countries towards a clean energy future.

Elsewedy Electric integrated and utilized all capacities within the group to provide specialized, complete and full service to the wind and solar energy markets using our diversified portfolio of products. We have the technologies and resources to reliably produce electricity from renewable energy sources to help nations to reduce costs and maintain high energy demands.

“Powered by the expected growing demand for clean Energy, Elsewedy Electric had the clean Energy sector established”

Future Of Energy

Wind Energy Project, MoroccoMorocco has undertaken a vast wind energy

program, to support the develop-ment of renewable energy

and energy efficiency in the country. The Moroc-

can Integrated Wind Energy Project, span-ning over a period of 10 years with a total investment esti-mated at 31.5 billion Dirhams, will enable

the country to bring the installed capacity,

from wind energy, from 280 MW in 2010 to 2000

MW in 2020.

Country with Most In-stalled Solar Energy, GermanyGermany is clearly the world leader. In 2009

alone, Germany installed 3,806 megawatts (MW) of PV

solar energy capacity “The combination of, good fi-

nancing opportunities, a large availability of skilled PV compa-nies, and a good public awareness of the PV technology, largely contributed

to this success,” European Photovoltaic

Industry Association (EPIA) reports.

Germany is expected to remain the top purchaser of solar

panels may add 5,000 MW of new solar power this year. Over the long term, Germany has a goal of using 100% renewable energy by 2050, so it is likely that Germany will remain a strong market for solar power.

ConclusionRenewable energy is important because of the benefits it provides. Renewable energy technolo-gies are clean sources of energy that have a much lower environmental impact than conven-tional energy technologies and most importantly it will not run out ever, other sources of energy are finite and will some day be depleted.African countries have abundant renewable energy resources, including solar energy, wind power, geothermal energy, and biomass, as well as the ability to manufacture the relatively labor-intensive systems that harness these. By developing such energy sources, African coun-tries can reduce their dependence on oil and natural gas, creating energy portfolios that are less vulnerable to price rises.



Elsewedy Electric working to acquire New Standard ISO 9001:2015 for Quality Management System

The latest update to ISO 9001 is underway, the first since ISO 9001:2008. But it is really the first major revision since ISO 9001:2000, which essentially consolidated three previous standards including ISO 9001, ISO 9002 and ISO 9003.

This latest revision takes into account the vast changes in technology, business diversity and global commerce (which the ISO 9000 family and its spin-offs were created to support), including:- The growth of service businesses and their needs for quality management - Recognition of the need to harmonize, integrate quality management into overall business management systems, perhaps to serve as the basis of business management itself - Making it easier for companies to adopt multiple ISO

series general business management standards such as ISO 14001 (environmental) and/or vertical standards such as AS9100 - Helping to simplify the understanding of the standard, and make it easier (and more mandatory) to apply it more uniformly The update/revision process is also supposed to keep the current focus on managing processes (as opposed to managing more specific program elements) as an effective method to gain a more repeatable pattern of success, and to remain more applicable to a wider array of enterprises. It is doing this to help make this standard revision more durable by “providing a stable core set of requirements for the next 10 years or more” even amid the increasingly changing business situations in which it must operate.

Quality

By: Eng. Haitham Mohamed AlyQuality Assurance ManagerElsewedy Electric

Elsewedy Electric always strives to add value to its quality man-agement system, that’s why our coming mission is to acquire the New standard ISO 9001:2015 to prove that our quality man-agement system is working up to the latest standards.


REASONS FOR CHANGES1- In the last 25 years, many other management systems stan-dards have come into use world wide 2- Organizations that use multiple management system standards are increasingly demanding a common format and language that is aligned between those standards 3- Decrease the emphasis on documentation 4- Increase the emphasis on achieving value for the organization and its customers 5- Increase emphasis on risk management to achieve objectives

WHAT IS BEING CONSIDERED IN ISO 9001-2015?1- International experts nominated by ISO member bodies looked at a number of items to help guide revision activities: 2- An extensive web-based user survey3- New quality concepts and ideas for inclusion in ISO 90014- Revised quality management principles5- Formal interpretations of ISO 9001:2008 6- Support and guidance notes

WHAT IS CHANGING IN ISO 9001-2015?1- New concepts are being considered2- The customer remains the primary focus3- A new common ISO format has been developed for use across all Management System Standards4- High Level Structure

Current Standard Sections

Proposed Standard Sections

Section 1 Scope Scope

Section 2 Normative Reference Normative References

Section 3 Terms & Definitions Terms & Definitionss

Section 4 General Requirements Context of the Organiza-tion

Section 5 Management Respon-sibility Leadership

Section 6 Resource Management Planning

Section 7 Product Realization Support

Section 8 Measurement, Analysis & Improvement Operation

Section 9 Performance Evaluation

Section 10 Improvement


Fiber Glass Poles, a breakthrough in safety, durability and quality...

Elsewedy Poles take pride by manu-facturing the highest quality fiber Glass poles through the use of superior technology. Quality, experience, know-how, and constant refinement make Elsewedy one of the leading Fiber Glass poles suppliers in Middle East and Africa.

Fiber Glass poles are Lightweight, easy to install, colorfast throughout the pole, very safe as they do not conduct electricity and do not attract light-ning. They have more than 20 years lifespan, finish won’t discolor, darken, get powdery or crack ,maintenance free, corrosion and rust resistant and

not susceptible to harmonic vibra-tion. Moreover, they come in multiple shapes with air, smooth or textured finish. Fiber Glass poles can be an-chor base or direct burial. Finally, they have exceptional strength; Un-flagged poles are designed to withstand wind speeds up to 210 MPH.

Although Steel poles are lower in cost but they have many disad-vantages. Steel poles are subject to corrosion and rust, heavy weight requires larger equipment to unload and install higher maintenance costs and they are not safe as they conduct electricity.

By: Elsewedy Poles----------------------------

Criteria Steel Poles Fiber Glass Poles

Resistance to environmental conditions and

pollution

Low High

Color Stability Needs annual painting

Color never change

Pole Surface

Non smooth surface per-mits the dust

to accumulate

Smooth surface doesn’t permit the dust

to adhere

Pole Weight Heavy Very light

Maintenance yes No

Installation and transpor-tation costs

High cost Very low cost

Life span 3-5 years More than 20 years

Conductivity conductive Non conductive

Designs Traditional designs

Many decora-tive designs up to 14 m height


Elsewedy Poles manufacturing process is unique; we use the best raw materials to produce a flaw less products giving our poles their exceptional strength and durability. Our poles are cured when they are taken out of the mold, a curing level which improves composite strength and bonding.

Elsewedy Electric Fiber Glass Poles have a finish that does not age. With our unique manufacturing process, the outer coating on our poles bonds permanently with the surface. This allows the poles to retain the same pristine appearance for a lifetime. The finish on other Fiber Glass poles can become powdery over time, or crack.

You will never have this problem with Elsewedy Fiber Glass poles. Elsewedy Poles technicians use state-of-the-art computers, manufacturing equipment, work with educational institutions to develop new techniques and composites.

Elsewedy poles do not only use a unique manufacturing process but also promise to deliver a product that exceeds customer expectations.

You can see Elsewedy Fiber Glass poles successfully installed in Sokhna highway, Cairo-Alex highway, Hurgada highway, King Abdel Aziz port KSA, Alex West project, Porto Residence, ElSalam Highway Sharm El Sheikh, Smart Village, Katameya Sporting Club, Azhar Park, Alex Kourneish, Ma-rina North Coast, Air force Hospital at New Cairo and many other locations.

Shokna highway, Cairo-Alex highway, Hurgada

highway, King Abdel Aziz port KSA, Alex West project, Porto Residence, ElSalam Highway Sharm El Sheikh, Smart Village, Katameya

Sporting Club, Azhar Park, Alex Kourneish, Marina North

Coast, Air force Hospital at New Cairo and many others

Business in Depth


INMAR; a technology company that operates in-telligent commerce networks, reports, hazardous risks of using glass insulators and premature aging of polymer insulators.

Premature aging of polymer insulatorsSince 2006, some utilities have experienced an increasing number of polymer insulator failures on 115 kV and 138 kV transmission lines. In-vestigations have shown that these failures can be attributed to high electric fields (E-fields) occurring close to, or on the high-voltage end fittings of these insulators.

EPRI is credited for being one of the first in identifying high E-fields and the resulting discharge activity as an important cause of premature aging of polymer insulators. EPRI utilized their experience and research reports premature aging of polymer insulators on 115 kV and 138 kV transmission lines due to high E-fields. The research reports that based on the results from the multi-stress aging chambers and testing at the EPRI lab in Lenox, Massachusetts, this phenomenon was identified as a primary aging mechanism on 230 kV and 500 kV insulators, and ap-propriate E-field limits for polymer were established. The insulator failures at 115 kV and 138 kV suggest that the same phenomena are present on these lower system voltages.

Aging of the insulator sections subjected to high localized electric fields is usually the result the stresses associated with one or more of the fol-lowing types of discharge activity:- Continual corona activity from metallic end-fittings or grading rings un-der dry conditions.- Discharges due to non-uniform wetting of the polymer rubber material- Internal discharges: e.g. along the interface between the core and rub-ber housing material, or within the core itself.Continual corona activity from the metal end fittings may be energetic enough to directly cause rubber erosion and loss of galvanization of the metal end fitting.

One of the most important goals for ECMEI is to add new products that better serve the mar-

ket needs. Moreover, the company always searches for the latest technologies to up-grade existing products in order to have an

outcome that exceed customer expectations and compete internationally. Working towards

this goal, ECMEI is one of the pioneers in Af-rica and Middle East to use RTV coating on the

insulators product line. The purpose for application of RTV silicone coatings to ceramic insulators is to in-

crease performance under pollution.

ECMEI Use Insulator RTV Coatings

Glass insulators high hazardous risks & Polymer insulators increasing num-ber of failures

By: Eng. Khaled Gouda Sales & Marketing Director / Board MemberEgyptian Company For Manufacturing Electrical Insulators (ECMEI)


Why is there a need for RTV coatings?The simple answer is that the vast majority of existing power installations across the globe – even those built in zones of high contamination – still feature porcelain and glass insulators, most of them put in service many years ago. Depending on how well designed these have been for their operating environment and on the efficacy of natural cleaning by rain or wind, they should require little maintenance beyond periodic inspection.

However, there are many situations where substations or lines are built in areas where the pollution exposure has increased over time, due for example to construction of nearby industrial areas and highways. This type of activity can dramatically change the level of pollution af-fecting a line or substation and something must be done or there will be elevated risk of flashovers.

Another consideration promoting continued interest in coatings is the increasing cost of cleaning ceramic insulators installed in highly polluted service areas. With fresh water an increasingly expensive re-source and with labor costs of annual washing from truck or helicopter also going up, the relative economic benefit of RTV coatings versus cleaning is growing. Yet another factor behind more and more utilities opting for RTV, according to industry sources, is because it offers the electrical benefits of silicone with the mechanical benefits of ceramics.

Finally, not all power utilities are confident in the long-term perfor-mance of composite insulators, e.g. in areas with persistently high UV or where bird-pecking is a serious problem or in certain applications, such as tension, where there is a perception that they may be damaged by lines workers carrying out routine maintenance on conductors.

What is the principle behind RTV coating?A thin layer of RTV material adhering to porcelain and glass insulators vastly increases their pollution withstands since the silicone imparts hy-drophobicity to what would otherwise be a hydrophilic surface. More-over, since the silicone contains low molecular weight (LMW) chains that continually migrate to the surface, the ceramic insulator will remain hydrophobic, even when covered by a layer of pollution. Porcelain can eventually become covered by conductive pollution, just awaiting a wetting event to cause problems.

How long does an RTV coating remain effective?This, of course, is a key question when comparing the relative costs of coating by RTV versus alternatives such as water washing or using silicone grease. There is no ready answer since much will depend on the quality of the coating and how well it has been applied. Fortunately, these variables are both under the control of utility maintenance people.

Assuming the RTV silicone material has been well formulated by a competent supplier and is applied by trained personnel under con-trolled conditions, it is certainly reasonable to expect at least 10 to 12 years of effective service life, possibly even longer. For example, coat-ings applied in the late 1980s/early 1990s on bushings at a highly pol-luted 230 kV substation near Hamilton, Ontario are reportedly still in operation. Coated glass insulators in southern China (left). RTV coating being applied at substation near Sao Paulo, Brazil.

Do RTV coatings ever need to be cleaned?Generally, no, although much will depend on the type and rate of pol-lution that accu-mulates on them. If there is an exceptional event that deposits a great deal of pollution at one time, cleaning may be advis-able since hydrophobicity could temporarily be reduced or even lost. High pressure washing, how-ever, should always be avoided as this can damage the coating. Obviously, if RTV coated porcelain needed cleaning anywhere near as frequently as uncoated insulators, there would be much less logic in using them.

References:Some Basics of RTV Coatings, inmar.com, Silicone Technology Review, 6 May 2013

Hazardous risks of using Glass InsulatorsResponding to the many possible hazards affecting insulation on overhead power lines requires engineers to take the most suitable remedial measure for each type of problem.For example, pollution flashover used to be the single greatest threat to the safe operation of transmission lines across China. Indeed, in spite of frequent manual cleaning, the problem became so severe, that it became the focus of intense R&D at utilities, line design insti-tutes, universities and research centers.

ECMEI porcelain insulator is the best solutionPorcelain insulator with RTV coating proved to be the most effective solution as they do not cause any of the above mentioned risks. Also it is environmental friendly, in comparison to the polymer and the elec-trical strength of porcelain is higher. Moreover, the porcelain insulator has demonstrably higher resistance to degradation of the surface, the ceramic material is resistant to rodents, has a wide scope of applica-tion, is suitable for extreme hot/cold changes in the environment. Fi-nally, the ceramic material offers very high mechanical strength under pressure and hardness.

References:1-RTV Coatings Help Glass Insulator String Resist Pollution Flashover,inmar.com, 13 May 20142-Service Experience with Composite Line Insulators: EPRI Perspective,inmar.com, Insulatorweekly article, 18 March 2014

Business in Depth


Within the beginning of the 3rd quar-ter of year 2014, Elsewedy Fiber Op-tic Cables Factory succeeded techni-

cally and commercially to sign a contract with SE ME WE 4 consortium (South East Asia – Middle East – Western Europe 4 cable network) – for supply of 100 KM Un-derground Fiber Optical Cables to replace some of the old cables through the landing station in Egypt.

This Optical Fiber Submarine Cable System is linking 14 countries - Singapore, Malaysia, Thailand, Bangladesh, India, Sri Lanka, Pakistan, United Arab Emirates, Saudi Arabia, Egypt, Tunisia, Italy, Algeria and France. The whole length of SEA-ME-WE 4 submarine cable is approximately 20,000 km.

The contract was signed in July 2014 be-tween Elsewedy Cables Egypt and Tele-com Egypt on behalf of SMW4 consortium.

Eng. Ramadan Morgan - Landing & Coastal Stations GM - International O&M Sector said:

We are really proud that such high tech-nological Optical Fiber Cable is designed and produced by a professional Egyptian Factory. The fiber optic cables by Elsewedy are very high in quality. Moreover, all prod-ucts comply with international standards. Elsewedy Cables surprised us with a short delivery time of 3-4 weeks for the first patch and our inspection team appreciates very much the calibrated testing facilities. Eng. Hafiz Mirza - Sales Manager - Fi-ber Optic Cables said:

We are happy with this reference as it in-creases awareness and widen the reach of Elsewedy Cables as a leader manufacturer of fiber optic cables in the area. We started this business in year 2009 and proved to our clients a unique pre and after sales support.

We have got a support from Mr. Paul Roberts – Sales and Marketing Manager-Corning Ltd. USA. Who is the Fiber Optical Cores supplier, as we used Corning optical fiber core sample in an experimental test done in Alexandria landing station to assure fiber compatibility with the existing old ca-ble and the results were amazing and more than satisfactory to client (Telecom Egypt/SMW4).

All cables are designed by our technical office and manufactured in Egypt factory. Tests are done with standard calibrated testing equipments by our quality team. We grant a minimum life time of 25 years for our fiber optic cables.

Commitment, credibility and high quality product of Elsewedy Cables Egypt were the main reasons to award Elsewedy Cables the supply of 48 Km that will be used to replace some of the international I-ME-WE (India-Mid-dle East-WEstern Europe) which is a 13,000-kilometer submarine communi-cation cable system between India and France. The contract is expected to be signed at the beginning of October, 2014 with IMEWE consortium through Telecom Egypt.

Elsewedy Comcore supply Fiber optic ca-bles to the Submarine Cable System linking 14 countries

By: Eng. Hafiz M. MirzaSenior Sales Manager – FOCElsewedy Cables

Business in Depth


In dynamic markets companies must constantly introduce new products and upgrade its existing ones to keep up with the latest technology and offer its customers with the best product.

The marketplace is never static, it is dy-namic and fast changing, and demand for products is constantly shifting as needs, wants, and technology continuously change. As a result, Elsewedy Cables al-ways evaluates existing products and in-tensively search for ways to ensure that it is up-to-date and in line with consumer desires. Moreover, Elsewedy Cables is al-ways looking for best means to upgrade its products and add new ones.

Elsewedy cables invests a lot to create new products and continuously upgrades the existing ones to meet international stan-dards and exceeds customer expectations. Aligning with this we have upgraded our cables production with EP drum lagging.

Now most of our cables export to Europe is with PE drum lagging; this lagging replaced conventional wood lagging and has so many advantages;1- It bends smoothly around; mean-ing that it is in direct contact with the cable, this maximizes protection and reduces packing time2- Apart from being very flexible and having high mechanical strength it is also environmen-tally friendly3- It is quick and easy to install and remove

Features of the product:Protection• Provides waterproof UV drum covering• Crush resistant • Fully insects resistant

Manpower• Reduced risk of injury – no risk from nails and Splinters• Easy installing and removing- one man

Environmental• Recyclable and easy disposal material

--------------------------------By: Technical OfficeElsewedy Cables Egypt

New technology for more efficient cable protection

Business in Depth

“Elsewedy Cables invests a lot to create new products and continuously upgrades the existing ones”


Traditionally; Polyvinyl Chloride “PVC” has been used as the most appropriate insulated material for wiring with its superior Flame Retardant properties; however and on the starting of combustion accidents the halo-gen content in the PVC will emit lethal poison fumes of hydrogen chloride which in presence of humid-ity will be converted to corrosive hydrochloric acid, this behavior of emitting toxic smoke and corrosive gases under fire condition has been considered the main reason of sadly the death of 31 victims during King’s Cross fire disaster which occurred in London underground railway network 1987 in which the black smoke emitted during the fire impaired victims visibility and avoided them to find escape tracks while corro-sive gases caused them fatal suffocation.

As a result of the disaster’s following investigation; restricted safety regulation has been made to prohibit the use of PVC compounds on such domestic areas of minimal ventilation; the trend then has been changed to develop the right material which will provide Flame retardant, low smoke and halogen free properties.

Since then and until few years; wires insulated with Thermosetting cross linked low smokezero Halogen became the widely known choice in the market to meet the safety regulations, this solution has been specified and regulated by BSI under the number of BS 7211 and recently replaced by EN 50525-3-41,however; the material’s higher cost, lower flame retardant properties and poor flexibility compared to the traditional PVC in-sulated wires made it difficult for governmental authori-ties, consultants and end users to totally displace the PVC insulated wires.

ELSEWEDY CABLES New SolutionIn 2011 European Committee for Electro-technical Standardization “cenelec” approved and issued a new standard under the number of EN50525-3-31 which regulates and specifies a new product of Thermoplas-tic Low smoke zero Halogen wires under the harmo-nized codes of H07Z1-U, H07Z1-R and H07Z1-K, this type of Thermoplastic insulation covers the main dis-advantage of the Thermosetting one and insures low emission of toxic and corrosive fumes.

Halogen cables ELSEWEDY CABLES adds new de-veloped cost effective product to its wide range of low Smoke Zero Halogen Cables...

“effective Thermoplastic insulated wires has been spe-cially developed to meet specific requirements”

By: Mohamed GhobashiSenior Technical EngineerSpecial Cable Factory “UIC”---------------------------------------------------------------------


ELSEWEDY CABLES managed to implement and de-velop the new product using high grade of material im-ported from the most reputed European manufactur-ers after aggressive testing and approval procedures to insure exceeding the specification’s requirements.The new cost of effective Thermoplastic insulated wires has been specially developed to meet the follow-ing requirements:

1- Superior Flame Retardant level complying with IEC 60332-3-24 “Equivalent to Part 3 Cat C”

2- Low smoke emission complying with IEC 61034-2 with higher light transmittance of more than 60%

3- Low level of acid gases evolved during combustion complying with IEC 60754-1 with the level of hydro-chloric acid below 5 mg/g

4- Low level of acidity of gases material complying with IEC 60754-2

5- Higher Flexibility degree

6- Cost effectiveness

Difference between H07Z1-R, H07Z-R and H07V-R

Applications

H071-U, H07Z1-R & H07Z1-Kare used for fixed instal-lation for internal wiring of electrical devices and highly recommended for use in public places such as: hospi-tals, schools, museums, airports, railway networks, bus terminals, shops, computer rooms, offices, production plants, laboratories and switch board wiring.

Harmonized Code H07Z1‐R H07Z‐R H07V‐R

Rated voltage 450/750 V 450/750 V 450/750 V

Material type Thermoplas-tic LSZH

Thermoset LSZH

Thermo-plastic PVC

Material desig-nation TI7 EI5 TI1

Halogen free IEC 60754‐2 Yes Yes No

Low smoke IEC 61034 Yes Yes No

Flame retardant

60332‐3 ‐24 (For TYPE 2) 60332‐1 60332‐1

International Standard

EN 50525‐3‐31

EN 50525‐3‐41

EN 50525‐2‐31

Operating tem-perature °C 70 degree 90 degree 70 degree

Flexibility Good Poor Good The new product covers the main disadvantage of the Thermosetting one and insures low emission of

toxic and corrosive fumes

Business in Depth


Business in Depth


Elsewedy Friends club continues in Algeria, specifically in the city of OranElsewedy Friends club started by doing a study on Oran market that is relatively small compared to the market of the capi-tal. The study allowed us to know detailed information about market opportunities and threats. Then, proceeded by visit-ing merchants and contractors to hand them our new flyer and inviting them to a seminar. The seminar attendance reached more than 100 traders, electricians, ven-dors and contractors, and was very suc-cessful in introducing Elsewedy Electric and its products to the Algerian market. The event was concluded by distributing gifts among the attendees.

3 seminars in Egypt attended by major governmental bodies Elsewedy Friends club has arranged 3 seminars attended by members of the In-dustrial Education, members of the New Urban Communities Authority and Greater Cairo neighborhoods. The seminar aimed to educate the attendees about the com-pany, its 8 segments and also explaining our recent campaigns. The seminar was a success as it enabled us to reach new au-dience and update them with our current distributor list. Complementary gifts were distributed during the seminar.

ElsewedyFriends ClubVisits Elsewedy One

(One Team, One Dream)Elsewedy Electric has arranged a huge event during September 2014 under the name of “Elsewedy One” event.The event was attended by all of our sales teams in the Gulf, Middle East and Africa for the purpose of uniting all the teams together to work as one team with one dream.

The event was attended by Eng. Ahmed Elsewedy, He also distributed certificates among all participants.Below are the goals of the event that we successfully accomplished:- Training of the sales teams to raise the efficiency of work - Giving details about all of our products; such as transformers, metering, columns fiber, fiber optics, cable accessories, spe-cialized cables, etc... - Visiting all of our factories to see the production cycles- Marketing communication training - Understanding the market distribution network - Training on competition and how to be always ahead - Visit Egypt touristic landmarks


Can you tell us a brief about your profes-sional life?Before being the Minster Of posts, Telecommunication and Digital Economy, I have held several management positions locally and internationally, and I was The CEO of Sonnitel, I have also studied many areas like project management, finance, marketing and interna-tional relations.

What challenges have you faced during your role?My country, as you know, was known for its inadequa-cy or lack of connectivity to international broadband infrastructure. With the arrival of the Government of the Republic 7th, this trend is being reversed and sub-stantial investments are currently in progress in ICT in-frastructure. Indeed, with the financing of the company Elsewedy Electric and other French companies, more than 1500 km of fiber was laid on the Nigerian territory.

Internationally we have interconnected our country with three neighboring countries (Benin, Burkina Faso

and Nigeria) by the optical fiber and nationally five out of eight regions are connected.

What message would you give to your people in specific and to the world in general?I want to announce that after hard work, centers, stu-dents, teachers, educational support staff as well as the populations of remote communities in Niger can now have access to computers and broadband inter-net services.

And we will continue our development in year 2014 to benefit more of our schools and communities lo-cated in remote, rural and underserved areas so they all have access to broadband internet.

What are the challenges you are facing in the ICT sector?Despite these encouraging strong results, the statis-tics of the International Telecommunication Union re-cords that we have one of the lowest index access to digital technologies in the world.

H.E. Mr. Abdou Mani, Minister of Posts, Telecommunications and the Digital Economy, Republic of Niger, speaks about the business envi-ronment in Niger, investment opportunities and welcomes Egyptian entrepreneurs…

ExclusivE for ElsEwEdy ElEctric AfricA

By: Eng. Diaa AhmedCountry ManagerElsewedy Electric Niger


To improve this rate we are not only deploying fiber but also sold two 3G licenses to make mobile broadband a reality in Niger.

How important is the ICT sector to the devel-opment of the Niger economy?The Government intends to establish a competitive and diversified economy which contributes signifi-cantly to the national budget and for this to happen we must build a basic infrastructure for Information Technology and Communication.

April 12, 2013 Adoption policy of telecommunica-tions and ICT have five (5) key strategic focuses and marks the political will of the highest authorities of my country to build a connectivity infrastructure and broadband services on the national, regional and in-ternational levels.

What key objectives would you like to achieve within your mandate? In terms of economic and social development (PDES 2012-2015) of Niger, the government has set a target of increasing the rate of telephone penetration target to achieve this objective; we must improve interna-tional and national connectivity and make mobile broadband a reality in Niger with 3G technology.

What are you doing to attract foreign partici-pation in the sector?The government knows very well the importance of growing ICT for economic and social develop-ment, as a result, we have taken significant steps to improve institutional governance of the sector and create a better business environment encouraging interpreter to make investments in the sector. We also established a new legal framework for public procure-ment to enable the realization of investments under the Public-Private Partnership.

What are the competitive advantages of Niger ICT sector in comparison to other potential investment fields in the region?Our national, political and economic environment is particularly favorable with newfound institutional stabil-ity, the establishment of democracy and the rule of law. We are very stable country with no national problems.

This is why I invite all interested investors to come to Niger to benefit from this important business climate and my government remains available to discuss with the speed required all proposals for investment in in-frastructure and broadband and their feasibility as part of a win-win.

How would you like the Niger to be perceived in the international communityI would like my country to be perceived as developed, politically stable and democratic country.

What would be your assessment of the rela-tionship between Niger and Egypt?The relation between Niger and Egypt is very good with no history of any stress and we welcome all Egyp-tian investors to invest in our country.

What do you think of Egyptian companies, do you think they are capable of executing top notch projects with high quality service and products?Egyptian companies offers internationally competitive services and products, Elsewedy Electric for example has executed stage 1 & 2 of the Fiber optic backbone connecting all Niger with the highest quality on the agreed dates.

You have met with many Egyptian business-men and investors, what do you think of them, are they capable of taking their businesses to compete with European and American ones?Egyptian Businessmen are hardworking and eager to do the best work and they are definitely smart, well ed-ucated and have all the expertise. Moreover, in terms of compliance with contractual deadlines they are very punctual even better than to European and American companies.

What messages do you want to convey to the Egyptian business community?I invite all interested Egyptian investors to come to Niger to benefit from this important business climate and my Government remains available to discuss all proposals for investment in infrastructure and broadband and their feasibility as part of a win-win.

Business in Depth

“I invite all inter-ested investors to come to Niger to benefit from this important busi-ness climate and my Government remains available to discuss with the speed required all proposals”


ROWAD Modern Engineering now is one of Egypt’s most reputable contractors and has built a strong reputation due to our growing business in Algeria, North Af-rica, Chad & Mozambique. Through a program of alliances with major international civil engineering contractors and specialist contractors, we are able to undertake multidisciplinary projects of high scale and complexity. Our Customer Satisfaction program has been our guiding star, it sets direction to everything we do and it guar-antees our ability to meet the highest standards while conforming to their require-ments, preventing errors and performing better than expected.Since established in 1998, we believe that nothing is impossible whilst armed with the will power, hard work, tools and passion in what we do. The remarkable growth of RME proves that we made it possible and yet there is a lot to achieve. Our diverse portfolio encompasses many successful projects which we implemented for both public and private sectors. Just as we believe in building the countries’ future we work with passion to protect our countries’ heritage. This is reflected in establishing the facilities for present and future generations as well as our monuments’ restora-tion services done conscientiously using state of the art technologies and equip-ment needed to carry out such projects. Our continuing expansion owes much to our awareness of technological advances and global trends.

We believe that the establishment of successful communities and groups requires a continuous care for the other through living responsibly and protecting the environ-ment, applying the highest international standards of quality and safety in all our activities. We ensure that all our employees enjoy the best possible working condi-tions in an atmosphere based on teamwork, sound ethics and best safety practices while feeling proud of our achievements. The challenging spirit is key in driving our organization towards more expansion and success. We invest heavily in motivating our employees whilst developing their skills and efficiency. We encourage the young and support their new ideas to improve their capabilities and benefit from their chal-lenging spirit.

We operate in 5 different segments: Infrastructure, Industrial and Power, Commer-cial and Special Buildings, Monument Restoration and Structural Repair and Rein-forced Earthed systems.

Protecting the Past, Building the Future

Rowad… continuing expansion

with latest technology and global trends

Business in Depth


MAJOR PROJECTS1. Infrastructure:AL-OULA Industrial Parks infrastructure works.

2. Bridges Construction:Cairo-Alex Road bridges

3. Industrial and power:EZZ Steel New DRI Plant

Cooperating with DANIELI, RME is assigned as the main civil contractor for EZZ new DRI plant at AinSokhna.

4. Commercial & Special Buildings: Cairo American College

5. Restoration & Reinforced earthEl Set Wasella House

Protecting the Past, Building the Future


Light your home using the same amount of light for less money. Upgrading the ineffi-cient light bulbs in your home could save money and help to avoid the electricity cuts that we are facing now.

Traditional incandescent bulbs use a lot of energy to pro-duce light and they should be banned as 90% of the energy is given off as heat and that lost energy is money we are throw-ing away. Newer energy-saving light bulbs provide the choices in colors and light levels and are also much more efficient.

El Sewedy Industries is a mar-ket leader in manufacturing fluorescent lamps which play a major role in the artificial lighting process provid-ing 70% of all artificial light worldwide.

El Sewedy energy saving florescent lamps provide white light with different variations or light gradations such as day light white, cool white and warm white. Our Fluorescent lamps are highly rated because of its high efficiency and high luminous flux and energy saving.

Due to this superiority in characteristics, El Sewedy fluorescent lamps have been widely spread and used in all the areas where artificial light is highly needed, such as offices, sales areas and ending with industrial

companies, hospitals and street lighting systems. We have many shapes to be used in various lighting systems. El Sewedy Industries has full automatic lines for the production of fluorescent lamps. There is a qual-ity control department us-ing the latest technology for testing & ensuring the quality of lamps. Canyon and Osram are our brands

and all of our fluorescent lamps are ISO Certified, and have access to the Egyptian Quality Seal and above all are in accordance to IEC Standards.

Energy saving lamps The smartest way of lighting...

Business in Depth



NIGERIA Nigerian Federal Government to invest $1.6 billion in power transmissionThe Federal Government of Nigeria would invest 1.6 billion dollars to upgrade and expand the power transmission network. Accord-ing to the Minister of Power, Prof. Chinedu Nebo, the investment, which was to ensure stable power supply in the country, had been approved by the National Economic Council. The funds would be sourced from the proceeds of the National Integrated Power Projects (NIPP) in the country. The Federal Government would also source 500 million dollars from the World Bank and 150 million dollars from African Development Bank (AfDB).

ZAMBIA State-owned Zambia Electric-ity Expends $650,000 to Boost Energy Supply State-owned power utility Zambia Electricity Supply Corporation Limited (ZESCO) has constructed a $652,000 electricity power sta-tion to boost the country‘s energy sector especially in Sioma, the Western Province. 2.5 MVA power capacity has been constructed that is 66 to 11 kilovolts (KV) substation to connect to Avic quarry, and the whole new Sioma district.

K1 million ($163000) has been invested to set up two 400 KVA gensets in Shangombo, this will help implement development proj-ects in the area. Shangombo is being linked to Angola through a canal being constructed which will increase cross border trade.

The southern African nation has recently been facing recurrent load shedding which has raised concern among the community. Demand for power in Zambia has been growing steadily over the past few years and currently stands at around 1,700 MW. Further delayed investments in transmission and distribution systems have also led to depleting power transmission & distribution capacity.The rapid increase in power demand is due to the increase in mining and industrial sector investments as well as upsurge in agriculture sector investments and activities.

World Bank Group Commits US $ 5 Billion to Boost Elec-tricity Generation in Six African CountriesThe World Bank Group committed $5 billion in new technical and financial support for energy projects in six African countries-- Ethio-pia, Ghana, Kenya, Liberia, Nigeria, and Tanzania which have part-nered with President Obama’s Power Africa initiative.

The World Bank Group, following President Obama’s lead, will partner with Power Africa by committing $5 billion in direct fi-nancing, investment guarantees, and advisory services for project preparation in Power Africa’s six initial partner countries, Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania. The U.S. Govern-ment and the World Bank Group are working now on specific tasks and milestones which could help to achieve one quarter of Power Africa’s goal of generating 10,000 megawatts of new power in Sub Saharan Africa

This new financial commitment was urgently needed to generate more electricity for the people of Africa, 600 million whom have no access to electricity, despite the fact that Africa possesses some of the world’s largest hydropower, geothermal, wind and solar poten-tial, as well as significant oil and natural gas reserves.


SOUTH AFRICA South Africa enters solar power world top 10South Africa has now connected more than half a gigawatt of utility-scale solar power, moving into the world top 10 of countries harnessing renewable energy from the sun, according to figures released last month by Wiki-Solar.org. Wiki-Solar is a leading au-thority on the deployment of utility-scale solar power - photovoltaic (PV) power stations of 5 to 10 megawatts (MW) and above.

The United States tops Wiki-Solar’s list of the top 10 markets for utility-scale solar power, with 349 solar plants together generat-ing 6 498 MW, followed by China (4 607 MW), Germany (3 428 MW), India (1 897 MW), Spain (1 680 MW), the UK (1 523 MW), Italy (875 MW), Canada (714 MW), and France (677 MW). South Africa is in 10th spot, with 15 solar plants now contributing 503 MW to the country’s electricity grid.

MENA countries to spend USD 9.8 billion over next decade to modernize electric grids, incor-porate new solar generation ca-pacity valued USD 27.9 billionMiddle East and North African (MENA) countries will spend billions of dollars over the next decade to modernize their electric grids and add solar generation resources.

This spending will include USD 9.8 billion cumulatively for smart grid infrastructure by 2024. Smart grid will enable the incorporation of USD 27.9 billion in new solar generation resources. MENA countries can save between USD 1 billion to USD 3.5 billion per year by redi-recting domestic energy consumption towards exports.

NIGERIA Nigeria’s Infrastructure Spend-ing to Hit $77bn by 2025sGlobal capital project and infrastructure spending is expected to grow to more than $9 trillion annually by 2025, up from $4 trillion in 2012.

Overall infrastructure spending in Nigeria is expected to grow from $23 billion in 2013 to $77 billion in 2025 as a more friendly environment towards oil investment is also likely to further boost this projection. By this forecast, Nigeria’s infrastructure spending will overtake South Africa’s, which is projected to stand at $60 billion.

KENYA Kenya State inks Sh70bn pow-er deal with African Develop-ment Bank (AfDB)Kenya Power’s subsidy programme is set for phase out in a Sh70.1 billion deal that the state has signed with African Development Bank (AfDB) to raise electricity connections to 70 per cent of the popula-tion in five years.

The programme would see the installation of additional trans-formers and power lines to reduce the distance between the grid and customers. The campaign is expected to mark an official end to the Sh2.7 billion subsidy programme the State introduced last year to boost rural electrification.

The subsidy made it possible for Kenya Power to retain con-nectivity fee at Sh35, 000 for a single-phase line and Sh45, 000 for a three-phase electricity connection within a radius of 600 me-tres from the nearest transformers. The real cost of a single-phase connection stands at Sh135, 000 while a three-phase connection requires Sh350, 000.

UAE UAE set to award Dh96bn infra-structure contractsInfrastructure project awards across the GCC are forecast to ex-ceed $86 billion (Dh315.62 billion) in 2014, an increase of 77.8 per cent over 2013. Qatar will award projects worth $26.2 billion com-pared with just $9.4 billion last year while Kuwait is expected to award $3.45 billion, almost 10 in 2013.

In the UAE, $15.18 billion (Dh96.154 billion) will be awarded, almost five times the 2013 contracts, while in Oman infrastructure awards are expected to reach $7.4 billion (Dh27.158 billion) - up $5.5 billion (Dh20.185 billion) on 2013.Meanwhile Bahrain, which awarded $382 million (Dh1.4 billion) last year, is expected to award $3.4 billion (Dh12.478 billion).

Saudi Arabia’s forecast award of $29.34 billion - the highest in the region - represents a decrease year on year, however last year’s total awards of $33.6 billion included the $22.5 billion Riyadh Metro project. Infrastructure projects make up 16 per cent of the total con-struction value of GCC projects, and rail projects like the Riyadh Metro are the main beneficiary. It is estimated the rail sector is worth $200 billion as the six countries aim for an integrated GCC-wide network by 2018.

Business in Depth


Unleashing newsELSEWEDY ELECTRIC (SWDY.CA on the Egyptian stock exchange) the leading In-tegrated Energy Solution Provider in the Middle East and Africa, through one of its subsidiaries, ELSEWEDY Power System Projects (“PSP”), announces the signing of a 980 megawatts contract in EGYPT for the Ministry of Electricity and Renewable Energy to build two power plant projects, with six heavy duty gas turbine packages.

Both projects are planned to con-nect to the grid in phases starting from summer 2015 and shall be completed in 12-months on EPC (Engineering, Procure-ment and Construction) basis. The first gas-fired power project is 650 megawatt located at ATTAQA site – Suez Governor-ate utilizing four SIEMENS AG (Germany) SGT5-2000E gas turbine packages. The

second gas-fired power project is 330 mega-watt located at ALMAHMOUDIA site – Beh-aira Governorate utilizing two ANSALDO EN-ERGIA (Italy) AE94.2 gas turbine packages. Siemens and Ansaldo shall supply and com-mission the gas turbine packages. The proj-ects shall be converted to combined cycle operation, which shall be separately contract-ed in a later phase.

The two projects are part of EGYPT 3,600 megawatts Emergency Power Plan to bridge the recent gap in generation capacities during 2015. EGYPT’s grid today operates more than 30,000 megawatts of installed generation. This contract is a further testament to ELSEWEDY ELECTRIC’s commitment to meet the needs of EGYPT’s power sector, which is in need of substantial investment in power generation, transmission and distribution.

Eng. Wael Hamdy, the Vise President of Elsewedy Electric gave a session on Legis-lations, pricing and investment incentives in the Future and investment opportunities in new and renewable energy conference.The conference was attended by Eng. Ahmed Elsewedy, CEO and President of Elsewedy Electric along with Eng. Sherif Is-maeel, Minister of Petroleum products and Ex. Minister of Electricity Eng. Ahmed Emam and other prominent figures. The conference brought together a wide range of renewable

energy industry players, such as govern-ment authorities, officials, and companies working in the field of renewable energy in production, supplies, management, as well as companies and institutions that will ben-efit from the use of new energy and its re-sultant lower costs and greater compliance with environmental standards.

The conference informed participants about the new technology used in renew-able energy, and also about companies op-erating in different energy fields such as so-

lar, wind, waste and shale oil. Moreover, the sessions discussed major challenges fac-ing the sector’s growth, which includes fair pricing in production, as well as providing incentives, guarantees, and legislation that will help in increasing the pace of growth in producing the renewable energy.

The conference was held on the 17, 18 of February 2014, at the Intercontinental City Stars, and Elsewedy Electric was among the sponsors.

ELSEWEDY ELECTRIC signs an EPC Contract for two power generation plants in EGYPT with a 980 Megawatts a part of the Egyptian Emergency Plan

Elsewedy Electric top manage-ment discussing investment opportunities in the Renewable Energy Conference


Eng. Ahmed Elsewedy discussing clean energy solutions in the Arab Forum for Renewable Energy

After successfully holding the first forum in 2012, The League of Arab States in coop-eration with ESCWA, the Regional Center for Renewable Energy and Energy Effi-ciency (RCREEE) and with the support of the Ministry of Electricity and Renewable Energy - Egypt and the Europe-an Commission in Egypt jointly organized the 2nd Arab Forum for Renew-able Energy and Energy Efficiency. The forum is held under the patron-age of H.E. the Secre-

tary General of the Arab League, Dr. Nabil El-Arabi and H.E. the Min-ister of Electricity

and Renewable Energy in Egypt. This year, the fo-rum introduces the theme of “Enhancing the Role of Small and Medium Enter-prises (SMEs) in Promot-ing Renewable Energy and Energy Efficiency “.

Eng. Ahmed Elsewedy, CEO and president of Elsewedy Electric gave a speech during the forum aiming to solve the energy crises we face in Egypt and in the Arab world in general. Eng. Ahmed Elsewedy was also on the ministerial table discussing solutions and means for replacing traditional energy with renewable clean energy with Egyptian Minster of Electricity and Renewable Energy, HE. Dr. Mohamed Shaker, HE. Dr. Omar Kettanah, Min-

ister of Energy, Palestine, HE. Ambassador Navdeep Suri, India Ambassador to Cairo and Dr. Mervat Tellawi , Chairperson of the National Council for Women. Elsewedy Electric was the main sponsor for the event that took place on 18th and 19th of June, 2014 in El Gouna, Egypt.

In January 2014 Elsewedy Elec-tric T&D have completed the commissioning of the first phase of the fiber optical backbone network in Niger, Niamey—Kon-ni, and now the second phase of the project is finished serv-ing the areas of Tahoua, Bada-guichiri, lllela, Madaoua, Zinder and the border of Niger.

With these results Elsewedy succeeded to cover 70% of the project which will contrib-ute to the development of the telecommuni-cation infrastructure by increasing the speed of the internet service and mobile telephone as well as enhancing all banking services.Finally, Mr. Diaa Nasr the country manager of Elsewedy Electric Ghana has expressed his gratitude and recognition to the Minster of Telecommunication H.E Abdou Mani and to Sonnitel Company for their great efforts to achieve such a massive project with in-credible success.

T&D reached a new success by completing the second phase of the optical fiber back-bone in Niger

Unleashing News

The German Arab Chamber and Elsewedy Electric in Partnership

Elsewedy Electric is now one of the Ger-man Arab Chamber of Commerce in Egypt sponsors. For more than sixty years the German-Arab Chamber of In-dustry and Commerce is promoting bi-lateral business relations between the Egypt, North Africa, the Middle East and Germany. Representing more than 2700 member companies GACIC is the largest organization in the framework of business cooperation between Germany and the Arab world. Elsewedy Electric is a mem-ber of the German Arab chamber of com-merce and believes that the chamber is one of the most innovative providers of services for German Arab trade.


Elsewedy power transformers signed a 13 million EGP contract to design, fabricate, factory test, supply, supervise the erection and commission of 2 power transformers and fire fighting system. The project will take place in the electrical substation of Cairo airport terminal building number 2.

It is worth to note that the Cairo Airport Company is the owner and operator of Cai-ro International Airport (CAI), Egypt’s gate-way and one of the fastest growing airports in the Middle East and North Africa. In 2010 passengers have reached 16.1 million. In the same year CAI was named the winner of the Best Improvement Award (Africa) by Airports Council International in the annual Airport Service Quality passenger survey.

After fierce competition Elsewedy Electric Europe team won several contracts to sup-ply low voltage and medium voltage cables to France, United Kingdom, Italy and Cyprus.Having a high quality, certified and cost ef-fective product that meets international stan-dards left no space for competitors in the tenders.

It’s worth to note that Elsewedy Electric exports its wide range of products to coun-tries all over Europe, in addition to Africa and Middle East. The group has succeeded in becoming, a global leader in cables manu-facturing and a regional leader in terms of energy solutions.

Cairo Airport Com-pany trust Elsewedy Transformers above International Giants

Elsewedy Electric supply cables to France, UK, Italy & Cyprus with ship-ments on weekly bases

Elektroset, a major power grid of Vologda Region is one of the first entities in imple-menting smart metering in Russia. The utility, based in Cherepovec, supplies electricity to 330 000 inhabitants and all industries in the region. A smart metering package, contain-ing Iskraemeco smart meters, concentrators and Iskraemeco software, SEP2W, enables the utility to successfully reap the benefits of smart metering.

After the systems` implementation, Elek-troset recorded significant operational ad-vances, involving a major reduction of losses and the ability to supply more power to its customers. This investment in the modern-ization of the system is predicted to have

a substantial financial impact by 2020. Ac-cording to the utilities calculations and the results that were recorded so far, the final savings of this smart metering implemen-tation will exceed half a billion rubles (more than 10 million Euros).

The complete soft- and hardware solu-tion within this project has been developed and manufactured by Iskraemeco. With au-tomatic data read-outs, multi-energy man-

agement and advanced security options, Elektroset was able to upgrade its services and save a bunch on operational expenses. Manual meter readings and accompanying errors are now a thing of the past. In cases of meter tampering, a service crew can now be dispatched in minutes after the smart meter records an anomaly.

Along with numerous technical improve-ments, the smart solution delivered by Isk-raemeco brought about a transformation in the way consumers can manage their consumption in homes and businesses. The system brings beneficial economic impact to the region by maintaining trouble-free and high quality power supply to end users.

Elektroset Russia recording substantial savings after imple-menting a smart metering solution from Iskraemeco

Unleashing News

Elsewedy Electric supporting Ethiopian Egyptian business & trade

The Ethiopian Egyptian Business Council (EEBC) is a non-profit, member-based or-ganization of business people, dedicated to encouraging and cultivating Ethiopian Egyptian Business and trade.

Through networking events, and social gatherings, the EEBC provides a forum for the exchange of knowledge and ideas for business and professional contacts be-tween its members. Our members repre-sent all facets of the international business community including manufacturers, trade specialists, financiers, government officials, scientists, researchers, attorneys, educa-tors and entrepreneurs.

Elsewedy Electric CEO, Eng. Ahmed Elsewedy attended and sponsored the Egyptian Ethiopian business council con-ference that took place on the 1st & 2nd of November 2014 in Ethiopia.


Elsewedy Electric appoints Mohamed Alkammah as The new GM for indus-trial parks

Last week The Integer published Top 100 Wire & Cable Producers Database and rankings in which Elsewedy is featured in the 14th place. Elsewedy Electric outper-formed Condumex in 15th place and is just below Far East Cable in 13th place. Industry competition is fierce in the Integer Top 100 Wire & Cable Producers Database offers es-

sential insights into how close a company is to its nearest rivals. Its worth to note that The Integer Top 100 Wire & Cable Produc-ers Database is a unique resource for all in-dustry players and answers vital questions. The Integer has been analyzing the competi-

tive landscape of the global wire and cable market since 2002 and identified a clear de-mand for an unbiased ranking of the major international producers by revenue.

This ground-breaking work builds on over a decade of Integer expertise and the wealth of data drawn from our suite of pub-lished reports and annual cable industry events. It compiles the leading 100 insulated cable manufacturers by production value in US$ million in each of the last 6 years (2008-2013). Use these independent rankings to track the performance of the overall market as well as each individual producer.

Elsewedy Electric announces the appoint-ment of Eng. Mohamed AlKammah as the new General Manager for PI Parks and AlOula Industrial Parks development.

Mohamed AlKammah becoming the Gen-eral Manager of PI Parks to lead the seven years old development firm as well as AlOu-la Industrial Parks Development.

The 42 Years old holds a BA degree in Civil Engineering from Cairo University and MBA in Project Management from Baytown University, TX, USA. Prior to holding this post, Alkammah served as Vice President Operations, EL Gouna at Orascom Devel-opment and Management. Alkammah filled

many leadership posts in Multinational firms as SNC-Lavalin, Vodafone, Balfour Beatty and Hyundai for Engineering and contract-ing. Participating in mega projects as the Revival of Bibliotheca Alexandrina, Dubai Metro and Sahl Hashish New Marina.

AlKammah said “I am very excited to join ElSewedy Electric Holding through its de-velopment industrial arm and hope to add to the success stories of this professional group of companies”.

By Integer, Elsewedy No.14 in Wires & Cables Production Worldwide

PSP wins a $12 million Thermal Power plant project in KSA with giant Hyundai Heavy Industries

Unleashing News

We are glad to announce that PSP ELSEWEDY has successfully secured the contract of the Electrical & Instrumentation Installation Works of Jeddah South 2400 MW Thermal Power Plant Project in Saudi Arabia with the South Korean giant Hyundai Heavy Industries, worth USD 12.5 Million.

The contract has been signed last Tuesday, November 18, 2014 in presence our PSP ELSEWEDY KSA Team and HHI personnel. The project is expected to be completed within 23 months to comprise the installation of the auxiliary transformers,

cables, cables raceways, test equipment, DC system and instrumentation in addition to testing, commissioning and start up.

This new contract further demonstrates PSP’s strong position in the Saudi Market; after acquiring PP12 Combined Cycle Pow-er Plant Project, mid of 2013.

PSP ELSEWEDY is fully committed to participate in projects that will serve to fa-cilitate the country’s growth; employing such a strategy, expansion will not only be demonstrated within our Egypt, but also on an increasingly multinational scale, with

Saudi Arabia as our foremost priorities. PSP ELSEWEDY strives to take on new opportu-nities that will further establish its status as one of Saudi Arabia primary EPC contractor.

We are pleased to congratulate Dr. Mo-stafa Amin PSP ELSEWEDY Chief Executive Officer, and all PSP ELSEWEDY employees for this new achievement to be step forward in the company’s successful journey.


Elsewedy Electric was among the main sponsors of The 10th Arab Cable Manufac-turers Conference that was held in Aswan, Egypt between the 13th and 15th of Octo-ber. And more specifically in the Hotel Sofitel Legend Old Cataract, which is located on the banks of the River Nile, and is regarded as one of the world’s most unique and beau-tiful destinations.

The Conference’s main theme is transporta-tion in the Arab world, as well as discuss-ing the common issues and problems fac-ing cable manufacturers in the region, the conference hosted a number of prestigious speakers and personalities in the fields of cable manufacturing and its related indus-

tries. As well as the fields of transportation and economic development. The event also hosted speeches from the Arabic Economic Unity Council and the Egyptian Government.

The conference featured a number of field visits around the city of Aswan, starting off with a dinner and show hosted in the Philae temple of Isis, which is a monument of the pharaonic era, and a visit to the high dam of Aswan, as well as a boat trip around the Nile

River and a visit to the ancient Nubian village. The event was organized very professionally by Astra travel, it’s worth to note that Astra Travel is recognized leading Travel Manage-ment Company (TMC) renowned for excel-lent service array responding to most strin-gent corporate and individual business and leisure travel requirements, meetings, in-centive, conferences and events (MICE), air travel and wide assortment complete range of specialized services.

Participation at the European Utility Week (EUW) has become traditional for Iskraem-eco. European Utility Week is the annual landmark event, bringing together all signifi-cant market forces and stakeholders under one roof. Consisting of a large scale exhibi-tion and an interactive conference program, the event is growing bigger with each year. For the fourth consecutive year, the EUW took place in Amsterdam, The Netherlands. This year, Iskraemeco introduced the new-est member in its smart metering portfolio, the AM550, to the crowd of energy experts

that gathered on the exhibition floor. With more than 9000 visitors from all over

the world, the event in Amsterdam was the perfect opportunity to showcase the new product for the first time. Iskraemeco`s next generation AM550 is based on an inventive platform approach that enables seamless integration of next generation smart meter-ing functions into the smart grid. While de-veloping the new meter concept, our team of developers focused on all major chal-lenges utilities are facing nowadays: how to minimize TCO (total cost of ownership), how to ensure maximum flexibility in the long run,

how to achieve maximum data security and how to foster consumer loyalty and trust.

The new platform addresses common functional smart metering requirements set at the European level and makes adapt-ability to national market requirements easy and cost-effective. Modular communication enables complete flexibility regarding future technologies on all levels. The AM550 has a low power consumption and is designed to optimize logistic services and significantly lower transportation and packaging costs. The meters` robust measurement principles support multi-directional energy flows for distributed generation, such as photovoltaic panels, electric vehicles and wind turbines. With a highly flexible modular approach ap-plied on the meters` hardware and software levels, the AM550 addresses existing, as well as future smart metering needs and gives utilities much needed flexibility for fu-ture business models.

The 10th Arab Cable Manufacturers Conference Sponsored by Elsewedy Electric

Iskraemeco features the new AM550 at European Utility Week



EGYPT_______________________________

Hadabet Al Ahram ProjectClient: EETCContractor: Egytech Cables Project description: Connecting Hadabet El-Ahram 220/66KV S/S in the direction of 6 October 2 New Gas Power Station 7 Km (Double Circuits) on turnkey basis.Scope of work: Design, engineering, manu-facturing, testing, delivery and installation on turnkey basis for 220kv. XLPE 1600 mm2 copper cables with its accessories and fiber optic cables and its accessories 7 Km (Double Circuits).Location: Hadabet El-Ahram 220/66KV S/S –Giza

6th of October Extension-Simple Cycle Power Project HV 220 KV- Cable ConnectionClient: Ansaldo Energia S.P.AOwner: Cairo Electricity production com-pany (C.E.P.C) Consultant: PGESCOContractor: Elsewedy Cables Egypt. Project description: Connecting four transformer units with GIS inside the power station.

Scope of work: Design, engineering, manufacturing, testing, de-livery and installation on turnkey basis for 220kv. XLPE 800 mm2 Copper cables with its accessories (four Circuits).Location: 6th of October – inside power station Contract value: EGP 30,414,285.73

Dar El Fouad HospitalClient: Dar El Fouad Hospital Contractor: Orascom Project description: Building & ConstructionScope of work: Supply of 6 Dry Transform-ers, 1600 KVLocation: Nasr City- Cairo Contract value: USD 180,000

Haram CityOwner: OrascomContractor: Orascom HDProject description: Design , fabrication , factory test , supply , supervision of erection , testing and commissioning , of the power transformers for low cost hosing substation for a real state compound located at 6th of October.Scope of work: 2 power transformers, 25 MVA, 66/22 KVLocation: 6th of October Contract value: USD 731,500


El Salam HospitalClient: El Salam HospitalContractor: OrascomProject description: Building & Construction

Scope of work: Supply of 3 Dry Transform-ers 1600 KVLocation: Maadi – CairoContract value: USD 90,000

Sedico PharmaClient: Sedico PharmaContractor: Misr ContracoProject description: Industrial SectorScope of work: Supply of 2 Dry Transform-ers, 1500 KV Location: 6th of OctoberContract value: USD 60,000

Pharma PacClient: Pharma PacContractor: ConsoqoraProject description: Industrial SectorScope of work: Supply of 4 Transformers, 2 of which are1600 KV, the other 2 are 2000 KV, 1250 KV Location: 6th of OctoberContract value: USD 120,000

BarwaClient: QPM Co.Contractor: MemcoProject description: InfrastructureScope of work: Supply of4 Dry Transform-ers, 500 KVLocation: 5th SettlementContract value: USD 66,000

Alex West CompoundClient: Electro-TechProject description: Supplying of more than 800 fiber Glass poles to Alex West which is a residential and commercial project built on 600 well-designed acres of beautifully land-scaped area overlooking the blue lake Marriot and Alex West Golf.Scope of work: 800 Fiber Glass PolesLocation: Alexandria

Porto Cairo ResidenceClient: Amer GroupContractor: Korba for TradingProject description: Supplying of more than 200 fiber Glass poles to Porto Residence lo-cated in the first settlement New Cairo area with distinctive recreational and commercial facilities in addition to Porto Cairo Mall that make it unnecessary to leave.Scope of work: 200 Fiber Glass PolesLocation: Cairo

PetroJET Office Building – Fifth DistrictClient: PETROJETContractor: PETROJETProject description: Supply Cast Resin Transformer 3000 KVA -22/0.4KV–QTY (2), Aluminum winding, without enclosure and complete with N511 Modbus to one of the Largest Building in fifth district. Scope of work: Supply and supervision for Dry Type TransformersLocation: 5th settlement, New CairoContract value: EGP 1,230,086

Lina Farm S/SOwner: Green PowerContractor: PSPProject description: Design, fabrication, fac-tory test, supply, supervision of erection, test-ing and commissioning for the Power trans-formers at Lina substation.Scope of work: 2 power transformers, 40 MVA, 66/22 KVLocation: Wadi EL NatroonContract value: EGP 1,030,000

66kV Double Circuit OHTL BMIC industries-EgyptClient: Building Materials Industries Company (BMIC)Contractor: Elsewedy Electric T&DProject description: Providing BMIC’s ce-ment factory substation with OHTL 66 kV double circuit for 12 KM length.Scope of work: Supply & installation of towers, ground cables, conductors and insulators including civil works.Contract value: EGP 9.6 Million

Strategic Milestone


El Tebbin Thermal Power Plant 2x235 Mw Unit (1) Rehabilitation ProjectOwner: Cairo Electricity Production CompanyProject description: PSP ELSEWEDY ; has recently signed the contract for the rehabili-tation of electrical and mechanical works of El Tebbin Thermal Power Plant 2x350 Gas/Oil fired Units-Unit (1), the contract has been signed in May 2014.Cairo Electricity Produc-tion Company witnessed a fierce competition between different bidders; ended by announcing PSP ELSEWEDY to be the lowest bidder with the best commercial and technical offer.Scope of work: PSP ELSEWEDY is performing all works and pro-vide all services including, but not limited to: dismantling damaged equipment, cleaning fabricating, installing, testing, commissioning start-up, put into successful operation, and maintain until taking over and acceptance certificate all the electrical, instrumentation and mechanical works, preparation of detailed drawings and tech-nical documents, as-built drawings, submittal of data and techni-cal information of all equipment and systems supplied within this contract package and putting in service all equipment and systems within the Electrical and Mechanical Project.Contract value: EGP 23 Million

Suez Gulf 500/220/22 kV GIS Sub-station Project, EgyptOwner: Egyptian Electricity Transmission

CompanyContractor: Elsewedy Electric T&DProject description: Egyptian Electric-ity Transmission Company award The Consortium of Hyosung/ PSP ELSEWEDY the Construction on turnkey basis Suez Gulf 500/220/22 kV GIS Substation.Scope of work: Includes the engineering, procurement, construction, testing, commissioning and start-up of the 500/220/22 kV GIS Substation including all civil works.Contract value: USD 32 Million

Manshiat Nasser 220/ 66/11 kV GIS SubstationOwner: Egyptian Electricity Transmission

Company-EETCProject description: PSP ELSEWEDY; has signed the contract of Manshiat Nasser 220/ 66/11 kV GIS Substation, the Con-sortium Taikai / PSP ELSEWEDY won the trust of the Egyptian Electricity Transmission

Company-EETC for Manshiat Nasser 220/66/11 kV GIS substation contract. Eng.Ahmed Hanafy Chairman of EETC and Eng Gamal Abdelrehim head of central projects sectors Signed the contract with Dr.Mostafa Madkour; Managing Director of PSP ELSEWEDY who promised to execute the project within the time frame and through the international standards. The project is part of the Min-istry of Electricity and Energy plan to help the country meet its peak power demands; the project duration is 16 months.Scope of work: includes, but is not limited to engineering, design, fabrication, factory testing, site delivery, civil works, erection, testing & commissioning, till provisional acceptance & warranty of equip-ment including civil works & erection of 220/66/11 kV, Manshiat Nasser GIS substation.Contract value: EGP 93 Million

QATAR______________________________

Power Transmission ProjectClient: KAHRAMAAProject description: Qatar Power Trans-mission System Expansion, Phase 10 (Stage 2-Package S5 & S8)Scope of work: 132 kV, 66 kV, 11 kV Power Cables & AccessoriesContract value: QAR 39,293,639.37

Power Transmission Project and EHV Cable Diversion WorkClient: Lusail DevelopmentProject description: Lusail Development - Design, Supply & Installation of 132 kV Cables for Lusail Primary Infrastructure Construction Package 4Scope of work: 132 kV Power Cables & AccessoriesContract value: QAR 18,368,902.00

Road Project and EHV Cable Di-version WorkProject description: Lusail Expressway Proj-

ect Diversion of 132 kV & 66 kV Cable CircuitsScope of work: 132 kV, 66 kV Power Cables Accessories Contract value: QAR 28,048,868.00

Strategic Milestone


Road Project and EHV Cable Diver-sion Work Project description: Diversion of 11 kV Ca-

ble from PIN No. 810110355 in DID Area inScope of work: 11 kV Power Cable and Ac-cessoriesContract value: QAR 200,668.22

HV/MV/LV Cable Diversion Work Consultant: Khatb & Alamy Project description: Lusail Expressway - Design and Engineering Services for 132 kV & 66kV Cable CircuitsScope of work: 132 kV, 66 kV Power Cables & AccessoriesContract value: QAR 340,000.00

ALGERIA____________________________

Supply and deployment of cable fiber optic line on Marsat - Mostag-anem - Oued slyClient: SONALGAZ “KDT”Company: Egytech Cables CO. (Elsewedy)Project description: Supply of OPGW cables with accessories and installation of OPGW under live line conditionsLocation: Marsat – Mostaganem – Oued Sly. Contract value: USD 1 850 650.

Providing accessories for under-ground copper cable 60 KV 630 mm2

Client: CAMEG subsidiary of SONALGAZ GroupCompany: Elastimold Egypt/Elsewedy Sedco Project description: Supply of accessories for 60 KV underground cables. Scope of work: Supply of 1322 (straight & isolated) joints, 136 Porcelain termination, 204 GIS terminations and 312 Link Box for copper cable 1x630 mm2 60 KV.Location: Alger Contract value: USD 2 829 067

Supply of underground cable 220 KV copper 800 mm2

Client: CAMEG subsidiary of SONALGAZ GroupCompany: Egytech Cables CO. (Elsewedy)Project description: Supply of EHV cablesScope of work: Supply of 104 KM of 220 KV underground cables Location: Oran, AlgerContract value: USD 11 800 000

Supply OPGW cable and accesso-ries line 60 KVClient: CAMEG subsidiary of SONALGAZ GroupCompany: Egytech Cables CO. (Elsewedy) Project description: Supply of OPGW ca-bles and accessories. Scope of work: Supply of 1000 KM of OPGW and its accessories. Location: Skikda, StiafContract value: USD 3 604 849

GHANA_____________________________

Various sitesClient: ZADCO Contactors: Technip, in consortium with NPCCProject description: Elsewedy Electric Ghana supplied more than 1000 Fiber Glass poles to be installed in Different sites within Ghana. Scope of work: more than 1000 Fiber Glass PoleLocation: Ghana

Supply of improvements to West-ern RegionClient: Ghana Grid Company (GRIDCO)Contractor: Elsewedy Electric T&DProject description: Design, manufacturing, supply and constructionScope of work: 161 kV transmission line from Asawinso to Mim through Juabeso 170 km/Construction of a new 161 kV Substation at Juabeso/Construction of a new 161 kV Substation at Mim/Extension of existing 161 kV substation at Asa-winso/Construction of a new 161 kV Substation at Sunyani

Strategic Milestone


Contract value: USD 80 MillionCompletion date: Dec. 2014

ZAMBIA_____________________________

Contract for Distribution Expansion and ReinforcementClient: ZESCO LimitedContractor: Elsewedy Electric T&DProject description: Design, supply, instal-lation, testing and commission on turnkey basisScope of work: - Upgrade substations 132/88/33 kV at Changwe Construction of 66 kV Transmission Line 45 km from CHAMBISHI Copper smelter- Substation to MWAMBASHI & new SCAW & Associated substa-tions 66/11 kV- Reinforcement of Supply at NDEKE VILLAGE, which includes 45 km of 66 kV OHTL, establish 2*20 MVA/66/33 KV & 2*10 MVA 33/11 KV substations- CHALALA New 33/11 kV Substation & Associated Lines- BONAVENTURE New 33/11 kV Substation & Associated Lines/ LUSAKA West Replacement of 33 kV Switchgear- LIVEPOOL 33 kV Substation- SCAW MWAMBASHI-CHAMBISHI 66 kV & associated Substations - NDEKE VILLAOE-CHAMBISHI 66 kV Line &associated Substation- CHONOWE 33 kV Line & associated Substation- CHONOWE 132/88/33 kV Substation ReinforcementContract value: USD 126 Million

IRAQ______________________________

AL-Diwaniya Power Plant 4X125MW 9E progressProject description: The project consists

of the construction of a Gas Turbines Power Plant in Al Diwaniya city, Republic of Iraq, comprising of four units with an installed ca-pacity of 500 MW. The project is part of the Power Master Plan of 2012-2017 which is intended to provide the Iraqi National Grid with extra 24,400MW. In March 14, 2013; the JV of Arab Contractors & EL-SEWEDY POWER corporations through the specialized EPC contractor PSP ELSEWEDY have started the project execution to reach the first fire expected in April 2015. Currently; 95% of the engineering work is achieved during the past period; 55 % of the construction works on EPC level is successfully achieved and a remarkable progress in Units 49, 50, 51 and 52 installation. The Training and Testing, PRE-

COMMISSIONING started last October. El Diwaneya power plant is a further testament to The Arab Contractors; Elsewedy Power and PSP ELSEWEDY ‘commitment to meet the needs of the Iraqi power sector.Scope of work: consist of Engineering; Procurement; Installation; Testing, Commissioning; Start up; Training and Plant Operation & Maintenance.Contract value: USD 169 Million

KSA__________________________________

Luberef KSAClient: ARAMCOContractor: SAMSUNGProject description: Oil ProjectScope of work: MV & LV CablesLocation: KSAContract value: USD 18,000,000

YEMEN______________________________

First Electronic meters Rollout in YemenProject description: Supply of residential and industrial meters to PEC Aden to be in-stalled in homes and factories in Yemen for the first time.Scope of work: 25,000 residential and in-dustrial meters Electronic metersContract value: USD 1.5 Million



Q3 2014 versus Q3 2013• Consolidated revenues in Q3 2014 increased by 21% to reach EGP 4.3 billion versus EGP 3.5 billion in Q3 2013.

• Gross profit in Q3 2014 increased by 55% to reach EGP 687 million versus EGP 443 million in Q3 2013.

• EBITDA in Q3 2014 increased by 4% to reach EGP 393 million versus EGP 379 million in Q3 2013 as a result of an impairment of EGP 124 million related to MTOI, the Spanish wind turbines factory. Normalized Q3 2014 EBITDA stands at EGP 518 million.

• Net profit after Minority reached EGP 95 million during Q3 2014 versus EGP 46 million during Q3 2013. Normalized net profit after minority stands at EGP 220 million.

9M 2014 versus 9M 2013• Consolidated revenues increased by 14% to reach EGP 12.8 billion for 9M 2014, versus EGP 11.2 billion in 9M 2013.

• Gross profit increased by 18% to reach EGP 1,985 million during 9M 2014, versus EGP 1,677 million in 9M 2013.

• EBITDA decreased by 6% to reach EGP 1,021 million in 9M 2014, versus EGP 1,080 million in 9M 2013. Normalized 9M 2014 EBITDA stands at EGP 1,388 million.

• Net profit after Minority Interest increased by 63% reaching EGP 310 million in 9M 2014 versus EGP 190 million for 9M 2013. Normalized net profit after minority stands at EGP 678 million.

INVESTORS’ Updates

Consolidated Results for 2013 and 2014

STOCK INFORMATION• INCORPORATION: Egypt• SECTOR: Industrial Manufacturing• INDEX: EGX 30• FULL LISTING: The Egyptian Exchange (SWDY.CA)• ISSUED SHARES: 223,418,000 shares• FREE FLOAT: 38%• SHARE PRICE: (14 December, 2014) 46 LE.

• MARKET CAPITALIZATION: 10,277,228,000 L.E.


Segment Q3-2014 Q3-2013 % 9M-2014 9M-2013 %

Wire & Cables 2,844,073 2,858,613 -1% 9,508,054 8,801,494 8%Turn Key Projects 1,112,187 309,761 259% 2,120,492 1,162,208 82%

Meters 150,548 207,765 -28% 496,189 731,439 -32%

Transformers 120,845 102,937 17% 464,905 335,847 38%Other electrical products 74,578 62,695 19% 223,259 208,181 7%

Total 4,302,230 3,541,772 21% 12,812,898 11,239,168 14%

REVENUE BY SEGMENT EGP (000)’s

Investors’ Updates

Wires & CablesWires & Cables segment revenues increased by 8% to reach EGP 9,508 million in 9M 2014 versus EGP 8,801 million in 9M 2013. Gross profit in 9M 2014 increased by 31% to reach EGP 1,394 million versus EGP 1,067 million in 9M 2013. Gross profit margin reached 14.7% in 9M 2014 versus 12.1% in 9M 2013. In terms of volumes, the segment sold 134,096 tons of cables in 9M 2014 versus 118,494 tons in 9M 2013, an increase of 13%. There was also a 40% improvement in gross profit per ton, which averaged EGP 8,809 in 9M 2014 versus EGP 6,275 in 9M 2013.

TransformersRevenues from the transformers segment increased 38% in 9M 2014 versus 9M 2013 to reach EGP 465 million, whilst gross profit increased by 10% to reach EGP 86 million in 9M 2014.The Egyptian operation continues to do well with both revenues and gross profit witnessing double-digit growth for the 9M 2014. Revenues in Sudan were also 85% higher in 9M 2014 versus 9M 2013. Zambia revenues were slightly lower for the 9M 2014. As at September 30th, 2014 the backlog in the transformers segment stood at USD 40 million. as was the case for Sudan.

Turnkey ProjectsTurnkey revenues witnessed an 82% increase, reaching EGP 2,120 million in 9M 2014 versus EGP 1,162 million during 9M 2013. Gross profit increased by 22% to reach EGP 286 million in 9M 2014 versus EGP 234 million in 9M 2013, Gross profit margin declined from 20% in 9M 2013 to 13% in 9M 2014. The substantial increase in revenues in Q3 2014 is mainly due to a substantial pickup in project execution in Kuwait in addition to booking the remaining por-tion related to the supply for the Libya wind project. Turnkey backlog as of September 30th, 2014 stands at EGP 4.2 billion. Of the backlog Egypt represents 23%, Sub Saharan Africa 19% and the GCC and Middle East 56%.

MetersRevenues from the meters segment decreased by 32% in 9M 2014 versus 9M 2013 to reach EGP 496 million versus EGP 731 million in 9M 2013. Gross profit decreased by 18% to reach EGP 177 million in 9M 2014 versus 217 million in 9M 2013. Meters backlog as of September 30th, 2014 stands at Euros 21 million.

Revenues and Gross Profit Contribution by Business Line

Wires & Cables Turnkey Projects Meters Transformers Other Electrical Products


Elsewedy Electric Consolidated Financial Statement (Income Statement) EGP (000)’s

L.E. Q3-2014 Q3-2013 9M-2014 9M-2013Sales

Wires & Cables 2,844,072,571 2,858,612,934 9,508,054,323 8,801,493,626Electrical Products 345,970,336 373,398,304 1,184,352,417 1,275,466,745Turnkey Projects 1,112,186,623 309,760,709 2,120,491,696 1,162,207,535

Total Sales 4,302,229,530 3,541,771,947 12,812,898,436 11,239,167,906

COGS (3,615,351,947) (3,098,641,852) (10,827,895,704) (9,562,384,972)Gross Profit 686,877,583 443,130,095 1,985,002,732 1,676,782,934

Gross Profit Margin 16.0% 12.5% 15.5% 14.9%

SG & A (193,669,862) (254,882,173) (775,628,393) (758,657,410)

Other Operating Income 16,213,796 18,826,821 65,194,463 47,338,873

Other Operating Expense (214,708,317) 81,038,925 (534,859,835) (168,814,135)

Other Operating Income/ (Expenses) (198,494,521) 99,865,746 (469,665,372) (121,475,263)

EBITDA 392,763,397 379,352,470 1,020,686,620 1,080,115,388

EBITDA Margin 9.1% 10.7% 8.0% 9.6%Depreciation & Amortization (98,050,198) (91,238,802) (280,977,653) (283,465,127)

Fx Gain / (Loss) (2,055,071) (21,258,823) 32,115,885 (43,490,152)Provisions (84,740,597) (96,329,551) (102,759,519) (116,447,898)

EBIT 207,917,532 170,525,295 669,065,333 636,712,211

Interest Expense (33,803,396) (102,101,827) (190,834,388) (321,972,239)

Interest Income 11,702,491 4,756,754 35,491,040 14,614,372 Interest Income / (Expenses) (22,100,905) (97,345,073) (155,343,348) (307,357,866)

EBT 185,816,627 73,180,222 513,721,984 329,354,344

Tax (82,081,827) (14,036,613) (179,844,304) (103,681,453)

Net Income 103,734,800 59,143,608 333,877,681 225,672,891

Minority Interest (8,383,428) (12,962,605) (23,491,559) (35,379,094)

Net Income After Minority Interest 95,351,372 46,181,004 310,386,122 190,293,798

Investors’ Updates



Middle East ElectricityDubai, UAE11-13 Feb 2014

Dubai has emerged as a cosmopolitan metropolis that has grown steadily to become a global city and a business hub for the Middle East and the Gulf region. Moreover, it is considered one of the most attractive unites for investment and business growth. Elsewedy Electric as a global leader in cables manufacturing and energy

solutions participated in Middle East Electricity (MEE) that was held in Dubai.

MEE is the largest meeting place for energy industry professionals from over 100 countries worldwide. The 2013 edition was the most successful in the show’s 38 year history with more than 18,000 visitors, 1000 exhibitors from 54 exhibiting countries with around total attendance 47,000.Middle East Electricity combines the mass reach of advertising, the targeting of direct mail, the persuasive power of face-to-face selling, and the networking benefits of the Internet, to creating a unique environment in which a wide range of sales and marketing objectives can be pursued, either singly, or side by side.

Elsewedy Electric believes that exhibitions can generate more sales prospects per spend than almost any other form of marketing or promotional activity. Even in the new age of technology led com-munication, social media and the mobile internet, face to face inter-actions are still key to fostering profitable business relationships.

Elsewedy Electric presented all 8 diversified energy segments;

Cables & Accessories, Electrical Products, Energy Measurement & Management, Transformers, Communications, Wind Energy Gen-eration, Solar Energy Solutions, Projects & Development.

Around TheGlobe


PetroEnvironmentKohbar, KSA 24-26 Feb 2014PetroEnvironment, the first event in the East-ern Province of Saudi Arabia to unite both the upstream and downstream sectors to meet with environmental professionals to explore solutions to current and future challenges.The three day exhibition provided a unique

platform for environmental solution providers within the oil & gas and petrochemical indus-try to showcase their products and meet with end users. This gathering offered Elsewedy Electric the opportunity to meet with repre-sentatives from a range of major organiza-tions, presenting a chance to become an officially registered provider at the time when the largest petroleum and petrochemical or-ganizations in the region draw up their strate-gies for the coming year.

African Utility weekCape Town, South Africa14-15 May 2013

The 14th annual African Utility Week boasts a world class confer-ence combined with the largest showcase of technology machinery & solutions for the power and water sector in Africa.

This market lead-ing exhibition is the first port of call for senior decision mak-ers from utilities, governments, large power users, IPPs, consultants, contrac-tors and regulators to source the latest so-

lutions or to meet new clients and suppliers.It was a success for Iskraemeco, to attend this exhibition, meeting enormous potential new clients. In addition to, promoting our meters and positioning our products among competitors.

WepowerDammam, KSA 13-15 May 2014

For 11 years, WEPower has de-livered a platform for local and

international suppliers and technology providers to discuss major projects to deliver water and power solutions to one of the largest economies in the world: Saudi Arabia.

WEPower is the largest gathering of water & power professionals in the Eastern Province of Saudi Ara-bia, showcasing both local and in-ternational suppliers of water, elec-tricity and power generation.The exhibition hosts over 100 in-ternational companies showcasing the latest technologies and initia-tives in water and power. Exhibitors range from public sector gi-ants such as the Ministry of Water & Electricity and Saudi Electric

Company to international private sector com-panies such as ABB, Veolia, Total, Schneider, Siemens and Elsewedy Electric.

By patricipating in this exhibition Elsewedy Electric has identified new project opportuni-ties through hearing updates from the Saudi Government and leading developers.

Around The Globe


JIMEXAmman, Jordon3-5 June 2014

The 11th cycle with great suc-cess Under the Patronage of His Excellency the Prime Min-ister of Jordan. JIMEX, the International Machines and Electro-me-chanical Exhibition is organized for eleven years. It is the only event (UFI Approved Event) for machinery, electricity, energy; renewable energy and water, HVAC & R under one roof in Jordan meeting not only the needs of the Jordanian and Middle East markets, but

increasingly also shows to have a strong regional and interna-tional appeal. The attendants profile is covering, trade visitors, experts, engineers from infrastructure sector: Industries, elec-trical utilities, water authorities, contracting and consultancy firms, official organizations and institutes.

Participation in this event opened our doors into huge busi-ness opportunities and strengthened our business relation-ship with our existing clients. In additions to, gaining access

to new business leads. In this event we were able to display the group’s eight sectors and the complete energy solutions Elsewedy Electric provides.

Salon de REXELVersailles, France16-20 June 2014

Rexel’s mission is to support customers around the globe, to create value and run business better, by providing a broad range of innova-tive products and services about automation, technical supply and energy management.Each fair takes place in a large French city (Lyon, Dijon and Paris). Next to the stands held by Rexel’s partner suppliers, which amount

to over 150 stands, there are dedicated spaces where com-panies can present innovative solutions to facilitate energy management as well as other technologies

that will ensure the technological transition of electricians towards multi-energies. Elsewedy Electric team presented its various prod-ucts to the audience directly on the Rexel Cabling Solutions venue, with the kind assistance of cabling specialists, proving the strong relationship between the two groups.

WAPICLagos, Nigeria17-19 November 2014

Since 2002 the size of the African economy has tripled and according to the IMF’s most recent forecast, 11 of the world’s 20 fastest growing economies will be in Africa by 2017. West Africa’s power sector needs an estimat-ed investment of $25 billion within 10 years to have an efficient, reli-able and consistent power supply to the market.With over 162 million people, Nigeria has the 7th largest popula-tions and is one of the fastest growing economies in the world. Nigeria’s economic performance is one of the most robust in Af-rica and an adequate power supply is a pre requisite for a stable economy. Overall GDP growth for 2013 was 6.81% well above the projected global growth average of 3.5%.

Today, Nigeria is an attractive destination for Foreign Direct Investment. In the last 3 years, Nigeria has attracted over 10% of the total FDI to Africa totaling over US $20b. This per-formance is driven by favorable political, eco-nomic and demographic realities.

WAPIC brings together senior decision makers from utilities, governments, large power users, IPPs, consultants, contractors and regulators

to source the latest solutions and technologies to meet the needs of their organizations.

Elsewedy Electric Nigeria had a comprehensive display along with more than 90 exhibitors, the event was very successful, and we displayed our metering solutions along with distribution transform-ers ranging from 50 KVA to 4000 KVA.

Around The Globe



HEAD OFFICEPlot No. 27, 1st District, 5th Settlement, P.O.Box 311, New Cairo 11853, EgyptTel.: (+202) 275 99 700 - 709Fax: (+202) 275 99 731Email: [email protected]

Address in Head Office

CABLES & ACCESSORIESEgytech Cables & Elsewedy Cables EgyptTel.: (+202) 275 99 732 / 4Fax: (+202) 275 99 735Email: [email protected]: [email protected]

United IndustriesTel.: (+202) 275 99 740 / 1 / 2Fax: (+202) 275 99 743 / 15 / 69 Email: [email protected]

EgyplastArea #A6; Plot 36,37. 3rd industrial zone,Elrobeky Region, 10th of Ramadan City, El Sharkia, EgyptTel.: (+2015) 411 631Fax: (+2015) 411 629

Email: [email protected]

UEIC ElsewedyP.O. Box 27350 Riyadh 11417Tel.: (+966) 18124604Fax: (+966) 18129251Email: [email protected]

United Wires10th of Ramdan City, Zone A3, El Sharkia, EgyptTel.: (+2015) 411944 Fax: (+2015) 411941Email: [email protected]

United MetalFax: (+202) 275 99 744 / 45 Email: [email protected]

Elsewedy SedcoTel.: (+2015) 411141Tel.(Office): (+202) 275 99 750 / 1Email: [email protected]

Elastimold - EgyptTel.: (+2015) 411141Tel.(Office): (+202) 275 99 750 / 1Email: [email protected]

Giad ElsewedyGiad Industries City, Khartoum, Sudan P.O. Box 11714Tel.: (+249) 163 202771Fax: (+249) 183 70106

Email: [email protected]

Elsewedy Cables KSANassar Center, King Fahd Road Al Azizah, P.O.BOX 16582, Jeddah – 21474, Saudi Arabia Tel.: (+966) 266 87 488 - (+966) 266 87 499Fax: (+966) 266 87 480Email: [email protected]

Elsewedy Cables Algeria153 rue Ali Khodja, El Biar, Alger, AlgerieTel.: (+213) 21924005/07Fax: (+213) 21 923994Email: [email protected]

Elsewedy Cables YemenHadda, Beirut Street, Beirut towers- 6th floorP.O. Box #888, Sana’a – Republic of YemenTel.: (+9671) 43 08 52Fax: (+9671) 43 08 53Email: [email protected]

Elsewedy Cables EthiopiaPO BOX 3238 Code 1250, Edna Mall Build-ing, 5th Floor Addis Ababa, EthiopiaTel.: (+251) 116 61 6161Fax: (+251) 116 61 6164Email: [email protected]

Doha Cables3rd floor Kia Motors Showroom building,Al Rayyan Road, Al Sadd, P.O. Box 22487, Doha, QatarTel.: (+974) 44553043

Fax: (+974) 44553049 Email: [email protected]

ELECTRICAL PRODUCTSElsewedy Sedco for petroleum servicesTel.: (+202) 275 99 750 / 1Fax: (+202) 275 99 752Email: [email protected]

Egyptian Company for ManufacturingElectrical Insulators ECMEI Industrial Zone A3, 10th of Ramadan City, EgyptTel.: (+2015) 412 560Fax: (+2015) 411 255Email: [email protected]

Elsewedy Electric Ghana9, Light Industrial Area No. A/36/2B Tema – Ghana. P.O. Box PMB 187 TEMA - GhanaTel.: (+233) 111 01 - 111 02Fax: (+233) 11103Email: [email protected]

ENERGY MEASUREMENT& MANAGEMENTISKRAEMECOIskraemeco Savska Ioka 4 SI-4000 Kranj, Slovenia

how to reach us..

Head OfficeProdution FacilitiesRegional OfficesMain Export Countries


Fax: (+386) 420 64 443Email: [email protected]

ISKRAEMECO – EgyptFax: (+202) 275 99 747 / 8 Email: [email protected]

TRANSFORMERSElsewedy Transformers Tel.: (+202) 275 99 727E-mail: [email protected]

Elsewedy Electric ZambiaChilanga road off Kabwe road, Plot F/416A/D2 - P.O. Box 70058 Ndola, Zambia.Tel.: +260 (212) 650120/1Email: [email protected]

Elsewedy Electric Nigeria10 Bauchi Close Agbara Estate, Ogun State, Lagos – NigeriaTel.: (+234) 706 293 9595 / 805 792 2904Email: [email protected]

SUDATRAF Sudanese Egypt Electrical IndustriesPiece # 55/8 Square 7 Ind. Zone – Khartoum Bahary - SudanTel.: (+249) 185 31 34 18Fax: (+249) 185 31 33 94Email: [email protected]

COMMUNICATIONSUnited IndustriesFax: (+202) 275 99 743 / 69 / 15Email: [email protected]

3W Networks - UAE Jebel Ali Free Zone – DubaiTel.: (+971) 488 33 616Fax: (+971) 488 34 878Email: [email protected]

PROJECTS & DEVELOPMENTSElsewedy Electric Transmission & DistributionFax: (+2015) 411 629Email: [email protected]

Elsewedy PowerFax: (+2015) 411 629Email: [email protected]

Power System Projects (PSP)10/A/4 Takseem El Laselky, New Maadi Cairo, EgyptTel.: (+202) 251 726 37 / 50 / 51Fax: (+202) 251 726 36Email: [email protected]

Elsewedy Cables-Qatar3rd floor Kia Motors Doha Cables building,Al Rayyan Road, Doha, QatarTel.: (+974) 44652645

Fax: (+974) 44653892Email: [email protected]

WIND ENERGY GENERATIONSWEG(ELSEWEDY for Wind Energy Generation)Fax: (+202) 275 99 758Email: [email protected]

SET (SIAG Elsewedy Towers)Ain sokhna, South of Economic zone,P.O. Box 117-ET-43111 SuezTel.: (+2062) 920 4250Fax: (+2062) 920 4255Email: [email protected]

SOLAR ENERGY SOLUTIONSElsewedy PowerEmail: [email protected]

INTERNATIONAL OPERATIONDoha Cables3rd floor Kia Motors Showroom building,Al Rayyan Road, Doha, QatarTel.: (+974) 44652645Fax: (+974) 44653892Email: [email protected]

Elsewedy Cables – KuwaitKuwiat City, Al Hamad Tower A, Block 14, Phase (1B), 4th Floor, P.O.Box 4588Tel.: (+965) 999788878Fax: (+965) 22974404Email: [email protected]

Elsewedy Cables – UAEArenco Tower-Sheikh Zayed road12th Floor, Office No. 1207P.O.Box 90395, Dubai, UAETel.: (+971) 44542500 Fax: (+971) 44 542501Email: [email protected]

Elsewedy Cables – ErbilMakhmoura Road, Erbil, IraqTel.: (+964) 750 792 1008Fax: (+964) 662 292 316Email: [email protected]


ELSEWEDY ELECTRIC AFRICA

QUALITY - Elsewedy · PDF fileElsewedy Electric always strives to add value to its quality man-agement system, that’s why our coming mission is to acquire

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