Geostock Entrepose: Creation of a Subsidiary in Brazil

RUEIL-MALMAISON, France, July 9, 2015 /PRNewswire/ --

The international engineering group Geostock Holding, a subsidiary of Entrepose Group and Total, announces the creation of Geostock Do Brasil, established in Rio de Janeiro (Brazil).

     (Logo: http://photos.prnewswire.com/prnh/20150707/232591LOGO )

The company, 100% owned by Geostock group, will enable the group to strengthen its intervention capacities in Brazil and, more generally, in Latin America as a whole.

Geostock is already working in this region, where it plays an active part in the development of underground storage facilities.

Gilles Munier has been appointed President, and Jonathan Royer-Adnot, Managing Director, responsible for local sales activities.

Geostock is an international engineering group, a subsidiary of Entrepose Group (VINCI group) and Total, which has been specialising for 50 years in the design, realisation and operation of all types of underground storage facilities for liquid, liquefied or gaseous hydrocarbons.  

With an overall staff of 560 and a consolidated annual turnover of €97.6M, Geostock Group has a worldwide presence through its numerous subsidiaries.  

SOURCE Geostock Entrepose