TEC.REUNIDAS, ES0178165017

ISIN: ES0178165017 WKN: A0J3MX Tecnicas Reunidas is an international general contractor, engaging in the engineering, design and construction of various types of industrial facilities for a broad spectrum of customers throughout the world, including many of the principal national oil companies and several multinational companies.

23.12.2011 - 15:20:59

TEC.REUNIDAS

The Company is a leader for engineering and construction in the oil and gas sector in Spain, one of the leaders in Europe in the design and construction of oil and gas facilities, and one of the world leaders in the refining sector. Most ofits business is concentrated on large turnkey industrial projects, althoughit also provides engineering, management, start-up and operating services for industrial plants.

TR is an outgrowth of the former Spanish subsidiary of The Lummus Company, Lummus Española, S.A., founded in 1959. In 1972 a Spanish group of investors acquired 100 % of the shares of Lummus Española and renamed the company to Técnicas Reunidas.

Since 1959 the TR group of companies has designed and built more than 1000 industrial plants worldwide. TR's multinational clients and licensors include the world's leading companies. The projects have been developed in over 50 countries covering all continents.

Tecnicas Reunidas has three business divisions:1. Oil & Gas (Refining & Petrochemical, Upstream & Natural Gas); 2. Power; and 3. Infrastructure & Services.

TR has incorporated the most advanced systems and technologies based on the latest generation of data processing tools to manage and design the projects. More than 5.000 professionals have been trained and posses practical experience necessary to manage these projects. TR develops all designs in 3D systems, and as such is able to produce "three dimensional virtual plant models" which eliminate potential problems derived from the integration of the various disciplines. This approach detects these potential problems early in the design phase generating a highly accurate and quality product with a greater added value.
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