Técnicas Reunidas Explained

Técnicas Reunidas, S.A.
Foundation:1959
Location:Madrid, Spain
Key People:Juan Lladó Arburúa (Chairman and CEO)[1]
Industry:Construction and engineering
Services:Design and construction of petrochemical facilities, power stations and industrial plants
Revenue: €4.699 billion (2019)[2]
Operating Income: €68.2 million (2019)
Net Income: €110 million (2019)
Assets: €4.280 billion (2019)
Equity: €330 million (2019)
Num Employees:9,461 (2019)
Homepage:www.tecnicasreunidas.es

Técnicas Reunidas, S.A. (pronounced as /es/, 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.

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.[3] The firm has also moved increasingly into the Middle East,[4] and in January 2009 was awarded a $1.2 billion contract to develop two onshore fields in the UAE for a subsidiary of ADNOC.[5]

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. The company's 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.

See also

Notes and References

  1. Web site: Carcar . Santiago . 2024-07-22 . Juan Lladó Arburúa (Técnicas Reunidas): “Vamos a doblar los resultados y volveremos al Ibex 35″ . 2024-07-29 . El País . es.
  2. Web site: CONSOLIDATED ANNUAL ACCOUNTS 2019 . 27 Aug 2020 . Técnicas Reunidas . English.
  3. http://www.tecnicasreunidas.es/english/index.asp TR Group, Introduction
  4. News: Tecnicas Reunidas: An EPC Company Focusing on ME. 12 October 2005. ArabNews. 2009-02-16.
  5. News: Tecnicas Reunidas, partner win $1.2 bln UAE oil deal. Webb. Simon. 25 January 2009. Reuters. 2009-02-16.