Técnicas Reunidas achieves the objectives of its SALTA Strategic Plan and announces significant progress for the coming years

• The consolidation of its services unit will enable TR to exceed €300 million in new contracts in this business in 2025 and reach €500 million in services sales in 2028.
• As a result of the significant growth forecasts in the international energy market pushed by electrification and artificial intelligence, the revenues of the unit responsible for the design and construction of combined cycle gas turbines (CCGT) will reach a stable level of more than €1 billion per year over the coming years. This represents a threefold increase in its average business volume over the last five years.
• The company has agreed a strategic alliance with Zachry Group, a leading US company in the development of turnkey industrial plants, in order to strengthen its growing penetration in this market. Both companies have identified a portfolio of joint projects totalling more than $15 billion.
• Artificial intelligence, digitalisation and robotics have become a new source of revenues for the company, which has already signed a €20 million contract for digitalisation of operations and maintenance activities for a public oil company in the Middle East.
• The heavy investment planned worldwide in decarbonisation, estimated at $660 billion in 2026-2030, also opens up significant opportunities in an area where the company has strengthened its developments for our clients requirements.
• To successfully address all these favourable prospects, Técnicas Reunidas has increased its team of professionals to over 13,000 — 6,200 of whom are in Spain and more than 2,000 in India — and is managing new hires.

In the framework of the Investors Day that Técnicas Reunidas is holding today in Madrid, the company has shared with investors and analysts the fulfilment of the objectives of the SALTA Strategic Plan that was publicly presented in Abu Dhabi in May last year and the excellent expectations for its development over the coming years.

The company has highlighted the success achieved in consolidating its services business unit, which has obtained more than €230 million in new contracts in the last twelve months and will exceed the €300 million initially forecast for the whole of this financial year.

The growth prospects in this business allow it to maintain its target of achieving revenues of €500 million from services in 2028. To reach this goal, it is already managing the recruitment of new professionals who will join the more than 13,000 currently employed nowadays by the company, of whom some 6,200 work in Spain and more than 2,000 in India.

In the energy generation market, the growth prospects pushed by increased electrification and the spread of artificial intelligence, and the company’s excellent position thanks to its more than 30 years of experience and the agreements it has signed with the world’s leading equipment manufacturers, will allow it to set a stabilised sales target of more than €1 billion per year. This figure is equivalent to around 20% of its total revenue. The company will continue to keep a special focus on executing these projects with the lowest possible risk.

Técnicas Reunidas’ growing penetration in the US market will be boosted by a strategic alliance signed with Zachry Group, a leading US company in engineering, construction and maintenance services for industrial plants through turnkey projects, which has more than 20,000 employees in 400 locations across the country. The portfolio of projects that Técnicas Reunidas and Zachry Group have identified as targets for joint work over the next 18 months exceeds $15 billion.

In total, Técnicas Reunidas’ portfolio of potential projects in the United States amounts to €19.5 billion until the end of 2026.

With regard to the company’s activities in the field of artificial intelligence, digitalisation and robotics, they have an important impact both externally and internally. On the one hand, the company is increasingly recognised as an important technology partner by its customers, making its digitalisation services a significant additional source of revenue. To make it possible, it has a team of more than 150 specialised professionals with a broad experience in engineering and construction. 

As an example of this approach, the company has already signed a €20 million operation and maintenance digitalization contract for a major public oil company in the Middle East.

Furthermore, the intensified use of digitalisation in the projects developed by Técnicas Reunidas enables the company to achieve significant savings by reducing engineering hours, optimising procurement volumes and increasing productivity on site. For this reason, the company has set the goal to fully implement its digital use cases to achieve a 1.5% improvement in sales, thereby increasing its competitiveness.

Finally, decarbonisation, which is another strategic pillar for the company, offers significant opportunities, as growing global needs in this area have led to worldwide investment forecasts of approximately $660 billion for 2026-2030, which is expected to grow to around $840 billion for 2031-2035.

Técnicas Reunidas has already proven its sound experience in this field and possesses the necessary tools to increase its involvement in low-carbon initiatives thanks to its engineering services and project development capabilities.