Downer EDI Works Limited (previously Public Works department, Ministry of Works and Works Infrastructure Limited and often simply Works) is a New Zealand based engineering and construction company owned by the
Downer Group.
History
It was acquired from the former
New Zealand Ministry of Works (established as the Public Works Department in 1870, and at the time known as 'Works Civil Construction'), when it was
corporatized
Corporatization is the process of transforming and restructuring state assets, government agencies, public organizations, or municipal organizations into corporations. It involves the adoption and application of business management practices and ...
in 1996. It procured over 30 other companies in the following years, and changed its name to Works Infrastructure in 2000. In July 2007, it became Downer EDI Works Limited.
Structure
Downer EDI Works is spread across various countries—New Zealand (around 2,700 employees), Australia, Asia and the
Pacific region. Its annual turnover exceeds NZ$600 million, with a 2006 financial year surplus of NZ$16 million.
[Directors' Letter](_blank)
(from a 2007 Westpac prospectus for preferences shares to be invested in Works)
Over 75% of the business of the company falls under the various branches of
New Zealand Government
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, image = New Zealand Government wordmark.svg
, image_size=250px
, date_established =
, country = New Zealand
, leader_title = Prime Minister Jacinda Ardern
, appointed = Governor-General
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(including
local authorities), which involves construction and maintenance of the country's roads. 300,000 tonnes of
asphalt is produced by Works per year.
Awards
The
Accident Compensation Corporation awarded Works Infrastructure Limited the ACC 'ThinkSafe' Workplace Safety Award in 2005 for its workplace safety culture.
[Villa Maria named top business]
". ''National Business Review''. 19 August 2005.
In September 2007, Downer EDI Works Limited won the Manukau Business Excellence award for 'Employer of Choice' and 'Supreme Business of the year' award, presented by
Helen Clark (Prime Minister) and Sir
Barry Curtis (
Mayor of Manukau City).
References
External links
*
*{{cite web, url=http://www.stuff.co.nz/national/421643/Telecom-broadband-workers-to-protest-pay-offer, title=Telecom broadband workers to protest pay offer , date=May 14, 2008, author=NZPA, work=Fairfax Media, location=New Zealand
Construction and civil engineering companies of New Zealand
New Zealand subsidiaries of foreign companies
Construction and civil engineering companies established in 1996
New Zealand companies established in 1996