This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at
Las empresas de ingeniería industrial crecieron más de un 7 por ciento en 2004Engineering in Spain sector has doubled its turnover in the last six years
Industrial engineering firms grew more than 7 per cent in 2004
The turnover of engineering firms stood at 5,420 million EUR in 2004, achieving a growth of 9 per cent, similar to 2003. Thus, in the period 1998-2004 the companies in the sector accumulated an average annual growth of 12 percent, which has allowed them to double its turnover. Industrial engineering absorbs nearly 60 per cent of the turnover, although these are the areas of civil engineering and natural resources and environment that have experienced growth in recent years.
Photography: Bourdon-Haenni.
According to a report of the
DBKconsulting engineering firms reached a turnover of approximately EUR million during the past year, an increase of 9 percent for 2003.
The area of industrial engineering absorbed about 60 per cent of the turnover, while the areas of civil engineering and natural resources and environment were which registered a growth in recent years.
Thus, according to the study, reveals the segment of industrial engineering increased its turnover by 7.4 per cent in 2004, 3,150 million euros, as a result of the better performance of the business investment and the strength of the investment in electric power generation plants.
After having increased by 8.8 per cent in 2003, in 2004 the aggregate turnover of the engineering companies stood at 5,420 million EUR, about 9 per cent over the figure recorded in the previous year.
The area of natural resources and environmental engineering recorded an increase of 9.8% during 2004 to 840 million euros. The volume of business in this area has been gaining weight in recent years, fruit of dynamism in both public and private projects.
In 2005 the turnover in the area of industrial engineering
It could increase a 6%
Structure of the offer
In the sector it operates a large number of small and medium-sized companies (most with a staff of less than five employees), coexisting with a small number of large corporations, with an area of national action and international projection. Together, the companies employ about 48,000 workers, estimated at about 450 those with 20 or more employees templates.
The first five operators gathered together the 21.1 per cent of the total aggregate turnover in 2004, share that stood at 31.3 per cent considered the top ten companies.
Companies analysed in the study include important firms in the field of process engineering, as
Bayer in Tarragona MDI production plant
Short term forecasts point to a slight slowdown in the rate of increase of the turnover of the companies
Forecasts
Short term forecasts point to a slight slowdown in the pace of increase in the aggregate turnover of the companies, after several years of high growth. In 2005, is expected to increase of revenues of the order of 8 per cent, reaching an aggregate of 5.860 million euros turnover.
Segments of demand, during 2005 the turnover in the area of industrial engineering could increase a 6%. In the segment of civil engineering, 2005 foresees a growth of 11 percent to 1,590 million euros, while for 2006 and 2007 were provided for moderately lower rates of change. Natural resources and environment segment recorded a rate of variation around the 7-10 percent in the three years 2005-2007.
