Citec
|
Expertise with Passion | |
| Founded | 1984 |
|---|---|
| Headquarters | Vaasa, Finland |
Number of locations | Finland, Sweden, India, Russia, France, UK, Germany |
Key people | Martin Strand (CEO) |
| Services | Engineering and Information management services |
| Revenue |
 €66 million (2012)[1] |
| Owner | Sentica Partners, Citec founders and management |
Number of employees | 1100 [1] |
| Website | Citec homepage |
Citec is a Finnish corporation providing multi-discipline engineering and information management services for power, civil, rail vehicles, process, oil & gas, ICT and health care industries.[2] Citec also offers a wide range of services and solutions related to information lifecycle management. Founded in 1984, Citec consisted of two companies, Citec Engineering and Citec Information. In 2012 the two companies merged to form Citec Group. As of 2012 Citec has about 1100 employees and the turnover was approximately 66 million euro.[1] The company is headquartered in Vaasa, Finland, and has offices in Finland, Sweden, Norway, France, Russia, Germany, the UK, India and Singapore. In 2011 Sentica Partners acquired a majority stake in Citec.[3][4]
History
- 2014: Citec acquires Cargotec engineering India[5]
- 2013: Citec acquires M7 Offshore[6]
- 2013: Citec acquires Akilea Engineering[7]
- 2012: Citec acquires S&V Analysis[8]
- 2011: Citec acquires German system engineering business Imotion[9]
- 2011: Sentica Partners acquires a majority stake in Citec (67%), merges Citec Engineering and Citec Information[10]
- 2009: Citec Engineering acquires KPA engineering[11]
- 2003: Citec India is founded[12]
- 1984: Citec is founded[12]
References
- 1 2 3 "Citec in brief". Citec. Retrieved 22 March 2013.
- ↑ "Modularisation - a key driver to power plant efficiency".
- ↑ "Citec sålt till Sentica". svenska.yle.fi (in Swedish). Retrieved 1 June 2011.
- ↑ "Sentica Acquires The Majority Of Citec" (PDF). sentica.fi. Retrieved 1 June 2011.
- ↑ "Cargotec sells its engineering centre in India and enters into long-term partnership with Citec.". Retrieved 13 June 2014.
- ↑ "Citec Acquires M7 Offshore.". Retrieved 18 April 2015.
- ↑ "Citec Buys French Oil & Gas Engineering Consultancy Akilea.". Retrieved 4 April 2013.
- ↑ "Citec köper Vasaföretag (Citec buys Vaasa based company)".
- ↑ "Citec establishes operations in Germany".
- ↑ "Sentica acquires stake in Citec".
- ↑ "Citec köper KPA Engineering".
- 1 2 "Citec History". Citec. Retrieved 22 March 2013.