In the past Stefanutti Stocks Electrical & Instrumentation predominantly executed projects within the oil & gas and petrochemical industry, however it has recently decided to leverage the experience of its construction teams across all sectors, and has successfully secured projects in the mining and power generation sectors, both within South Africa, and across the borders.
“Our strategy review process involved an introspection of the status of the business, focusing on our core business activities, main functions and performance,” says August Lipke, Stefanutti Stocks Electrical & Instrumentation business development director. “We reviewed our client base, as well as our competitors in the industry, and then, over the course of four years consolidated the division into a sustainable business. Our management and construction teams have been re-aligned and resized to suit the current market conditions and opportunities available to the business.”
The initiatives and efforts undertaken to increase market share has thus far proven to be a successful strategy, to the extent that the E&I division is now executing projects in the mining and power generation sectors, as well as across the border. These industry-specific projects include:
- Mareesburg tailings dam project – undertaken for Anglo American Platinum & Stefanutti Stocks Mining Services.
- Venetia Underground Project (VUP) – undertaken for De Beers, Worley Parsons and Stefanutti Stocks Civils.
- Tutuka Power Station – ABB South Africa and Eskom.
- Kwale Phase 2, Wet Plant – Stefanutti Stocks Mechanical.