- Martifer
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Martifer SGPS, S.A. Type Public Company (Euronext: MAR) Industry Metallic Construction
Energy Systems
Electricity GenerationFounded 1990 Headquarters Oliveira de Frades, Portugal Key people Carlos Martins, Chairman
Jorge Martins, CEOProducts Steel Structures
Aluminium
Stainless Steel
wind and solar energyRevenue € ~650 million (core activity - 2008) Employees ~3000 (2008) Website www.martifer.com Martifer is a multinational group based in Oliveira de Frades, Portugal, with over 3,000 employees, focusing its activity on the metal construction and renewable energy areas.
The company launched its first operations in 1990 in the metal structure industry. In 2004, it entered the renewables business, leveraging know-how from the metal construction operation to develop the energy equipment division.
Martifer is market leader in Iberia for metal construction, and aims to become the top player in other specific markets, namely Europe and Angola.
In renewable energies, Martifer would like to become established as an integrated producer of turn-key solutions for the wind and solar segments. Furthermore, within renewable energies, Martifer operates as a promoter of electricity generation projects, with a portfolio of holdings in projects at different phases of development.
Martifer SGPS, SA is the Group’s holding company and has been listed on the Euronext Lisbon since June 2007. In 2008, its core activity operating revenues reached EUR 650 million. The main shareholder structure is made up of the founding partners, through I’M SGPS, S.A., and the Mota-Engil Group, both control approximately 80% of the company.[1]
In June 2009, Martifer and Hirschfeld Wind Energy Solutions, a part of Hirschfeld Industries in Texas, USA, have announced a Joint venture for the manufacture of wind towers and related components in the United States. The project cost is an estimated $40 million US dollars. Production is expected to reach a capacity of 400 towers a year by 2013.[2]
History
The company was founded by two brothers, Carlos Martins and Jorge Martins in Oliveira de Frades, Central Portugal,. The enterprise has started with 18 employees. Today the group has worldwide 3,000 employees. Subsidiaries are in Spain (1999), Poland (2003), Romania (2005), Czech Republic (2005), Slovakia (2005), Germany (2005), Brazil (2006) and Angola (2006).
References
- ^ http://www.martifer.com/
- ^ Hirschfeld Industries press release June 19, 2009
External links
Categories:- Companies listed on the Euronext exchanges
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