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 Downer Group is an integrated services company active in Australia and New Zealand. Listed on the Australian Securities Exchange and New Zealand Stock Exchange as Downer EDI (DOW), Downer is an ASX 200 company. Downer Group employs approximat ...

History

The former New Zealand Ministry of Works, originally set up in 1870 as the Public Works Department and later known as Works Civil Construction, was corporatized in 1996. As a result, a new entity was created and the assets and operations of the former organization were transferred to it. 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 Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

and the

Pacific region The Pacific Ocean is the largest and deepest of Earth's five oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean, or, depending on the definition, to Antarctica in the south, and is bounded by the contine ...

. Its annual turnover exceeds NZ$600 million, with a 2006 financial year surplus of NZ$16 million.Directors' Letter
(from a 2007

Westpac Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney. Established in 1817 as the Bank of New South Wales, it acquired the Commerc ...

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 The New Zealand Government () is the central government through which political authority is exercised in New Zealand. As in most other parliamentary democracies, the term "Government" refers chiefly to the executive branch, and more specifica ...

(including

local authorities Local government is a generic term for the lowest tiers of governance or public administration within a particular sovereign state. Local governments typically constitute a subdivision of a higher-level political or administrative unit, such a ...

), 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 The Accident Compensation Corporation (ACC) () is the New Zealand Crown entity responsible for administering the country's No-fault insurance, no-fault accidental injury compensation scheme, commonly referred to as the ACC scheme. The scheme pro ...

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.

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