NFM to focus on core business underground 08 Feb 2018

French based NFM Technologies is to concentrate its efforts solely on the underground construction market with the sale of its Energy Business Unit to French oil and gas industry specialist REEL. Dedicated to the nuclear, oil and gas sectors, the Unit will operate under the name NFM Systems.

This strategic move will enable NFM to increase its offering and organizational performance to the underground construction market, allowing the company to focus more on designing its TBMs to meet specific customer needs and providing targeted after sales service.

With headquarters in Lyon, France, NFM Technologies specializes in the design and manufacturing of tunnel boring machines with a 4m to 15m diameter, suited to all types of geology and custom made for each project. NFM machines are currently being operated worldwide on major construction projects such as the Lyon-Turin high speed railway and the Grand Paris Project in France, Thames Tideway and the Northern Line Extension of the London Underground in the UK and metro contracts in Singapore.

“Focusing on our core business activity will enable us to leverage our expertise on the European tunnelling market. We are resolute and confident for 2018,” said Luc Devaux, NFM CEO.