BME MTF Equity Other Segments
43.57 mill. €
"Euroconsult is a unique engineering company, technological and fully mature"
EUROCONSULT ENGINEERING CONSULTING GROUP
SINGULAR BANK, S.A.
BDO AUDITORES, S.L.
AV/ CAMINO DE LO CORTAO 17, 28703 SAN SEBASTIAN DE LOS REYES
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Euroconsult Engineering Consulting Group, founded in 1968, is one of the most important engineering companies in Spain and it is member of the Forum for Engineering Excellency (Fidex). With over 500 employees, its total revenues were €29 million last year. The 31% of its 2013’s turnover came from the international markets, percentage that the company expects to raise to the 47% this year, according to its Business Plan.
Ten years ago, Euroconsult started its activity in international markets and nowadays has presence in 20 countries. Its internationalization started with projects in some of the biggest economies such as Germany, France, United Kingdom, Portugal and Ireland. These projects were focused on roads maintenance with technology developed and patented by Euroconsult.
Today, Euroconsult participates as control engineering in the Crossrail project, that consists on the construction of new lines to the subway of the british capital city, London, which is the biggest infrastructure that is being built at this time in Europe. Euroconsult also colaborates with a pool of several companies in the construction of the high speed train between the cities of Medina and La Meca, in Saudi Arabia, known as the most valued contract that the Spanish companies have ever gotten abroad, providing its technology and experience to this infrastructure.
It also participates actively in the desing and supervision of other infrastructure projects in the most developed economies in Latin America, such as Peru, Chile and Mexico. In this last country, Euroconsult uses its own technology to oversee the federal roads network.
Besides participating in these large projects, one of the pillars of its activity is the investment in R&D, which spends 8% of its annual income and has allowed Euroconsult Group to develop new systems, procedures and in-house technology equipment in order to qualify for projects with more technical complexity. In fact, Euroconsult was able to create a dynamic system to oversee tunnels (Tunnelings) that supervises most of the Spanish high speed railway network and also the London and Tokyo subway networks, among other projects.
Within the expansion of the company is uniquely placed Latin America, a region where Euroconsult Group has presence in eight countries, among which are large economies mentioned before such as Mexico, Brazil, Colombia, Peru and Chile. The activity in the region varies between countries, although road’s supervision is very important in most of them, with significant projects such as the monitoring of 20,000 kilometres of Mexican paved roads (14% of the total).
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