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2017 First Quarter results

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  1. TR Group

TR Group

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We are an international general contractor, engaging in the engineering, design and construction of various types of industrial facilities for a broad spectrum of customers throughout the world, including many of the principal national oil companies as well as several multinational companies.

We are the leader for engineering and construction in the oil and gas sector in Spain, one of the leaders in Europe in the design and construction of oil and gas facilities, and one of the world leaders in the refining sector.

Most of our business is concentrated on large turnkey industrial projects, although we also provide engineering, management, start-up and operating services for industrial plants.

TR is an outgrowth of the former Spanish subsidiary of The Lummus Company, Lummus Española, S.A., founded in 1960. In 1972, a Spanish group of investors acquired 100 % of the shares of Lummus Española and renamed the company to Técnicas Reunidas.

Since 1960 the TR group of companies has designed and built more than 1000 industrial plants worldwide.

TR's multinational clients and licensors include the world's leading companies. The projects have been developed in over 50 countries covering the six continents.

The international projection of the TR group of companies and the keen specialization in the execution of turnkey projects, have been the bases of TR's expansion since the 80's. International projects account for 78% of the company's annual turnover.

TR has incorporated the most advanced systems and technologies based on the latest generation of data processing tools to manage and design the projects. More than 5.500 professionals have been trained and posses practical experience necessary to manage these projects.

TR develops all designs with 3D systems, and as such is able to produce "three dimensional virtual plant models" which eliminate potential problems derived from the integration of the various disciplines. This approach generates a highly accurate and quality product with a greater added value and is able to detect potential problems early in the design phase.

The TR group applies the procedures established in its Quality and Environmental System in all the projects, certified according to ISO 9001 / 14001.

TR has a Quality, Health, Safety and Environmental (HSE) Policy for all its activities and is certified in OHSAS 18001. This Policy has been constructed in coordination between the Quality, HSE and Human Resources Departments and it has been approved by TR's Management. The Policy includes the Company’s commitment to these matters as well as the general goals and obligations which gives the Project Management an environmental point of view.

The strategy of the TR group is based in three simple, fundamental principles: the confidence in the quality of the services provided, the establishment of long term relationships with clients and partners and the competitiveness of our products in any market.

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