Tecnicas Reunidas : An optimistic CMD in a region with robust growth prospects (Abu Dhabi)
Tecnicas Reunidas recently hosted a CMD in Abu Dhabi (where it has been present for over 20 years with over $ 12bn of projects completed). We took the opportunity, on the fringes of the event, to meet some of the local players. The region continues to attract major investment in gas, but also in downstream activities (charging points for electric vehicles). The group, now back on track, is continuing its transformation with its SALTA plan, which aims to multiply its EBIT by 2.4x ...Tecnicas Reunidas is a general contractor company based in Spain. Co. engages in the engineering, design, and construction of industrial facilities for refining and petrochemical, oil and gas, power, and infrastructure and industries sectors worldwide. Co. constructs nuclear plants, conventional thermal plants, and renewable energy and cogeneration facilities for power sector; refineries and facilities for petrochemicals; water treatment, desalination, waste management, air, land, and marine transport facilities; and liquefaction, and storage facilities, as well as oil and gas fields and pipelines. Co. also provides engineering, management and operating services for industrial plants.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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