Halifax Convention Centre Opens

first_imgThe Halifax Convention Centre hosted its official opening ceremony today, Dec. 15. “The Halifax Convention Centre will attract thousands of new visitors from around the world to our province,” said Premier Stephen McNeil. “It will build on our booming tourism economy and help build a stronger Nova Scotia.” The centre features 120,000 square feet of flexible event space including a mix of multi-purpose and meeting space including a spectacular ballroom area with floor-to-ceiling windows spread over several levels and overlooking downtown. The configuration was enhanced from the original design with more natural light, an above ground ballroom, two distinct convention levels and a floor of dedicated meeting space. “The Government of Canada is proud to celebrate the opening of the new Halifax Convention Centre, an impressive, modern facility that confirms Nova Scotia as a world-class destination,” said Scott Brison, president of the Treasury Board of Canada, on behalf of Amarjeet Sohi, Minister of Infrastructure and Communities. “Investments in innovative and green infrastructure projects like this one are vital to creating middle class jobs, and providing sustained economic growth for our communities.” There are 90 events booked for the first year of operations in the new facility, bringing an estimated 75,000 delegates and more than $50 million in new money to the province. This includes 44 national and international conventions. “This new centre gives us the opportunity to show visitors everything that makes our city and our region unique,” said Halifax Mayor Mike Savage. “I know our guests will create great memories here that will inspire them to come back. It’s an exciting time in Halifax.” The centre has planned a welcome weekend for the public to see the new space January 12-14. “We are ready to welcome the world to our brand new, state-of-the-art facility,” said Carrie Cussons, president and CEO of the Halifax Convention Centre. “Together with our community and partners, we look forward to delivering an amazing event experience for our guests that will make Nova Scotians proud.” The interior design of the facility was inspired by Nova Scotia’s culture, landscape and history and shaped by input received through a series of public consultations. “This is more than a building, it’s a platform to connect Nova Scotia to a global audience,” said Joe Ramia, president and CEO of Argyle Developments. “I’m very proud to have built a facility that will serve as a gathering place, connecting our guests to the people and experiences that make our province so special.” The Halifax Convention Centre is part of the Nova Centre, a one-million square-foot, mixed-used development including a hotel, financial towers, public plaza, retail space and parking. It is the largest integrated development project in the province’s history. The funding of the convention centre is shared between three levels of government, totaling $169.2 million.last_img read more

Liberty Steel acquires ArcelorMittal assets in Europe for 740 million euros

first_imgNew Delhi: Liberty Steel Monday said it has acquired seven steel making units and five service centres from L N Mittal’s ArcelorMittal in Europe for 740 million euros (around Rs 5,782 crore), according to a company statement. Indian-origin metals tycoon Sanjeev Gupta-owned company has acquired the major integrated steel works at Ostrava in the Czech Republic and Galati in Romania as well as rolling mills at Skopje (North Macedonia), Piombino (Italy), Dudelange (Luxembourg) and two plants near Liege in Belgium, it said. Also Read – Turkey preparations for Syria offensive ‘completed’ These seven sites employ over 14,000 people. The five service centres which market the products are based in France and Italy. These operations, with a combined rolling capacity of over ten million tonne per annum supply steel to multiple sectors across Europe’s industrial heartlands, including construction and infrastructure products, automotive, aerospace, energy, industrial equipment, consumer products and yellow goods. “Liberty Steel today (Monday) completed acquisition of seven major steelworks and five service centres across seven European countries from ArcelorMittal. Also Read – Imran Khan arrives in China, to meet Prez Xi Jinping “The 740 million euros deal makes Liberty Steel one of the top ten producers globally, excluding China, with a total rolling capacity in excess of 18 million tonne covering a wide range of finished products,” the company, which is part of London-based GFG Alliance, said. It said this is the largest single transaction undertaken by GFG and brings the Alliance’s worldwide workforce to nearly 30,000 across 30 counties. Liberty Steel said it aims to boost sales from these sites by around 50 per cent over the next three years. With Monday’s announcement Liberty Steel will now work with local management, trade unions, customers and suppliers and complete a comprehensive analysis of the businesses to explore investment opportunities. In the medium term, Liberty will explore opportunities to produce higher-quality steels with a more flexible production profile. “These businesses will form a key part of our global steel strategy, of building a sustainable steel business, with a fully integrated value chain, from raw materials to high-value finished products that are distributed in high quality markets,” Sanjeev Gupta, GFG executive chairman, said. Earlier this month, Liberty Steel acquired Johnstown Wire Technologies (JWT), North America’s largest producer of value-added carbon and alloy wire. The company, however, did not provide the financial details of the transaction. GFG Alliance is a global group of energy, mining, metals, engineering and financial services businesses.last_img read more