Lena Group consolidates presence in Venezuela

Lena Group has strengthened its presence in Venezuela with the signing of a new agreement for the construction of 12,000 apartments and factories.
The agreement was signed at the 8th Joint Commission for Bilateral Monitoring on June the 18th, which took place in Portugal, with the presence of Venezuelan President Nicolas Maduro and Prime Minister Pedro Passos Coelho.
Lena Group is currently building 12,500 apartments hired initially in the localities of Cúa and Ocumare del Tuy, having already finished in 2012 the construction of two factories of prefabricated components for construction. By the end of this year it should complete around 900 apartments.
To note that after this agreement an agreement was signed in September 2012 for the construction of 12,500 apartments and factories for the Orinoco oil area, also under the project "Gran Mision Vivienda Venezuela".
This third order of 12 thousand apartments and factories is now destined for the State of Falcon. The same accounts for over one billion dollars, contributing to a total of 37,000 apartments in its portfolio, totaling over 3 billion USD.