Techint

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Techint

logo
legal form
founding 1945
Seat Buenos Aires , Argentina
management Paolo Rocca
Number of employees 58,257 (2014)
sales $ 23.83 billion (2014)
Branch Steel production, construction
Website www.techint.com

Techint is an Argentine company headquartered in Buenos Aires . As a conglomerate, Techint is primarily active in the construction and steel production sectors.

history

The company was founded in 1945 by the Italian immigrant Agostino Rocca as Compagnia Tecnica Internazionale .

The company under Roberto Rocca

In 1978 his son Roberto Rocca took over the management. Under the leadership of Roberto Rocca, Techint expanded within Argentina in the 1980s, particularly through contracts for public buildings. The Siderca steelworks in Campana has become one of the world's largest plants for seamless steel tubes, which are required in the oil and gas industry. Techint also took over steelworks in Mexico, Japan (NKK), Canada, Brazil and Venezuela. In Italy, the Dalmine steelworks also belonged to the group. Techint also made a name for itself as a pipeline, refinery, and electricity transmission and power plant company that expanded internationally in the 1990s, primarily in Latin America, but also in Italy, Japan, Canada, Nigeria and Saudi Arabia.

Rocca acquired the former military company Somisa ( Sociedad Mixta Siderurgia Argentina ) from the Argentine government, which manufactured flat steel for the automotive industry. He renamed the company Siderar. At Rocca's death, Techint had approximately 50,000 employees worldwide, annual sales of $ 7.5 billion and manufacturing capacity for nearly 10 million tons of steel per year.

In 2002 Techint's pipeline division was spun off into a new company called Tenaris (also Grupo DST), of which Rocca was also CEO. Tenaris became one of the largest steel pipe manufacturers with eight factories and more than 13 percent market share worldwide.

As part of the diversification of the business, an oil company called Tecpetrol was founded in 1981, which was and is active in oil prospection, development and production in Argentina, Venezuela, Ecuador, Bolivia, Brazil and Colombia. In 1997 the telecommunications company Techtel was founded.

The group also held stakes in the former state-owned company Transportadora Gas del Norte , in Ferroexpreso Pampeano - the rail transport company from Rosario to Bahía Blanca , the road concession company Caminos del Oeste . A garbage disposal company and a hospital also belong to the group of companies.

Group

The Techint group includes the Italian subsidiary Tenaris and the Argentine subsidiary Ternium . The group also includes the German Tenova TAKRAF , the subgroup Tenova LOI Italimpianti (industrial furnace manufacturer, management company LOI Thermprocess GmbH, Essen) and the South African mining equipment supplier Bateman Engineering via the Italian subsidiary Tenova SpA (5000 employees; sales of 1.7 billion euros) .

See also

Web links

Individual evidence

  1. a b Highlights 2014, The Techint Group
  2. a b c d Anthony Thwaite, Obituary: Roberto Rocca , The Independent , June 13, 2003 (English, via findarticles.com)
  3. Murió Roberto Rocca, fundador y presidente del grupo Techint , Clarín , March 11 of 2003.
  4. a b c Techint, la corporación más importante del país , Terra Argentina, April 28, 2001 (Spanish)
  5. ^ Alberto Miguel Arruti, En el fallecimiento de Roberto Rocca , América Económica , July 4, 2003; (Spanish)
  6. ^ Tenaris SA
  7. ^ Ternium