Kalpana Kalpana (Editor)

Citec

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Key people
  
Martin Strand (CEO)

Revenue
  
66 million EUR (2012)

Founded
  
1984

Website
  
Citec homepage

Headquarters
  
Vaasa

Number of employees
  
1,100

Number of locations
  
Finland, Sweden, India, Russia, France, UK, Germany

Services
  
Engineering and Information management services

Owner
  
Sentica Partners, Citec founders and management

Subsidiaries
  
S&V Analysis Oy, Citec Information Oy

Profiles

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Citec engineering corporate video


Citec is a Finnish corporation providing multi-discipline engineering and information management services for power, civil, rail vehicles, process, oil & gas, ICT and health care industries. Citec also offers a wide range of services and solutions related to information lifecycle management. Founded in 1984, Citec consisted of two companies, Citec Engineering and Citec Information. In 2012 the two companies merged to form Citec Group. As of 2012 Citec has about 1100 employees and the turnover was approximately 66 million euro. The company is headquartered in Vaasa, Finland, and has offices in Finland, Sweden, Norway, France, Russia, Germany, the UK, India and Singapore. In 2011 Sentica Partners acquired a majority stake in Citec.

Contents

Ben featuring citec international estates ltd revolution plus property and opic


History

  • 2014: Citec acquires Cargotec engineering India
  • 2013: Citec acquires M7 Offshore
  • 2013: Citec acquires Akilea Engineering
  • 2012: Citec acquires S&V Analysis
  • 2011: Citec acquires German system engineering business Imotion
  • 2011: Sentica Partners acquires a majority stake in Citec (67%), merges Citec Engineering and Citec Information
  • 2009: Citec Engineering acquires KPA engineering
  • 2003: Citec India is founded
  • 1984: Citec is founded

    • References

    Citec Wikipedia
    (Text) CC BY-SA


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