Site Group enters into strategic alliance with RBR

Company News

by Jessica Ellerm

 
Site Group International (ASX:SIT) and RBR Group have announced they have entered into a strategic alliance. 
 
The two companies will pursue the development and delivery of technical training services to Mozambique’s emerging resources sector.
 
Mozambique’s resources projects are heavily concentrated in the less developed northern half of the country, where there is a shortfall of skilled labor. 
 
Plans are afoot to develop an additional training facility, with the companies also shortly commencing a feasibility study in consultation with stakeholders. 
 
Site Group International reported a net profit of $3.4 million at 31 December 2015.

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