Type Sociedad Anónima Operating income Founded 1959 | Traded as BMAD: TRE Headquarters Madrid, Spain Revenue 4.187 billion EUR (2015) | |
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Industry Construction and engineering Key people José Lladó Fernández-Urrutia (Chairman), Juan Lladó Arburúa (CEO) Services Design and construction of petrochemical facilities, power stations and industrial plants Stock price TRE (BME) € 36.17 -0.56 (-1.51%)27 Mar, 5:36 PM GMT+2 - Disclaimer CEO Juan Llado Arburua (Apr 1998–) | ||
Técnicas Reunidas, S.A. ([ˈteknikas reuˈniðas], meaning "Gathered Techniques"), or TRSA, is a Spanish-based general contractor which provides engineering, procurement and construction of industrial and power generation plants, particularly in the oil and gas sector. Since April 2008, the company has been part of the Spanish large-cap IBEX 35 stock index.
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TRSA is the primary holding company for a group of companies capable of providing several different integrated services for turnkey projects worldwide. Since 1959, the TRSA group of companies has designed and built over 1000 industrial plants worldwide. International projects account for 70% of the company's annual turnover, mainly in Latin America and China. The firm has also moved increasingly into the Middle East, and in January 2009 was awarded a $1.2 billion contract to develop two onshore fields in the UAE for a subsidiary of ADNOC.
Organization
The business divisions of TRSA are oil and gas, power generation, and, infrastructures.
The areas of activity covered by TRSA's companies are: the petrochemical industry, heat transfer, cogeneration and renewable energies, fertilisers and inorganic chemistry, environmental engineering, iron and steel plants, metallurgy, mining and hydrometallurgy.
Research and development
Since 1971, the company has its own research and development division. Its R&D Centre, located in Madrid, Spain, is equipped with laboratory facilities and pilot and demonstration plants designed to be adapted to different process configurations. The R&D division develops new processes and the technological and economical improvement of existing ones, applying techniques and procedures of disciplines such as hydrometallurgy and electrochemistry. A fundamental objective is the upscaling from laboratory testing to industrial scale operations.