MARLTON, N.J. and GENEVA, Dec. 10, 2012 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that its joint venture with Impulso Industrial Alternativo S.A. has received a contract to provide program management services in connection with the planned renovation of a major office complex for the United Nations (UN) in Geneva, Switzerland.
The United Nations Office at Geneva (UNOG) is the center of multi-lateral international diplomacy. UNOG's Strategic Heritage Plan is designed to preserve and rehabilitate the Palais des Nations in Geneva while ensuring that the existing and future operational needs of the UN in Geneva will be adequately met. The implementation of the Strategic Heritage Plan is essential to ensure that the Palais des Nations will continue to serve as a safe, cost-effective and sustainable conference center to support delegates in multi-lateral diplomacy.
The UNOG complex serves primarily as a conference center. It consists of approximately 34 conference rooms and 2,800 offices housing 4,000 staff. The complex hosts an average of approximately 75,000 delegates per year, approximately 100,000 visitors per year and approximately 12,000 meetings per year. Some areas of the building are open to the public, such as the Council Chamber and the Assembly Hall.
The complex covers a total area of more than 164,000 square meters (1.8 million square feet) and it is surrounded by a 46.6-hectare (115-acre) park.
Following completion of the planning and design phases, the construction phase of the renovation project is anticipated to start in 2015 and be completed by 2023.
Impulso is a company supplying professional services on an international level and specializes in industrial, civil, geological and mining engineering, architecture and consulting services. Since 1980, it has offered the private and public sector comprehensive technical assistance by designing solutions that enable them to realize their ideas and projects from an innovation perspective. For more information on Impulso, please visit their website at www.impulso.es.
The Impulso Industrial Alternativo S.A logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16175
Hill International, with 3,400 employees in 110 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
The Hill International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5733
Certain statements contained in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information contained in this press release, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include: modifications and termination of client contracts; control and operational issues pertaining to business activities that we conduct on our own behalf or pursuant to joint ventures with other parties; difficulties we may incur in implementing our acquisition strategy; the need to retain and recruit key technical and management personnel; and unexpected adjustments and cancellations related to our backlog. Additional factors that could cause actual results to differ materially from our forward-looking statements are set forth in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
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