Martifer SGPS, S.A. is a family group based in
Oliveira de Frades
Oliveira de Frades () is a municipality in the district Viseu in Portugal. The population in 2011 was 10,261, in an area of 145.35 km2.
The municipality was created in 1836 by splitting the former municipality Lafões into the current municip ...
,
Portugal
Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...
, with over 3,000 employees, focusing its activity on the
metal construction and
renewable energy areas.
The company launched its first operations in 1990 in the metal structure industry. In 2004, it entered the renewables business, leveraging know-how from the metal construction operation to develop the energy equipment division.
Martifer is market leader in
Iberia
The Iberian Peninsula (),
**
* Aragonese and Occitan: ''Peninsula Iberica''
**
**
* french: Péninsule Ibérique
* mwl, Península Eibérica
* eu, Iberiar penintsula also known as Iberia, is a peninsula in southwestern Europe, defi ...
for metal construction, and aims to become the top player in other specific markets, namely
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...
and
Angola
, national_anthem = " Angola Avante"()
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.
In renewable energies, Martifer would like to become established as an integrated producer of turn-key solutions for the wind and solar segments. Furthermore, within renewable energies, Martifer operates as a promoter of electricity generation projects, with a portfolio of holdings in projects at different phases of development.
Martifer SGPS, SA is the Group's holding company and has been listed on the Euronext Lisbon since June 2007. In 2008, its core activity operating revenues reached EUR 650 million. The main shareholder structure is made up of the founding partners, through I’M SGPS, S.A., and the
Mota-Engil Group, both control approximately 80% of the company.
In June 2009, Martifer and
Hirschfeld Wind Energy Solutions, a part of Hirschfeld Industries in
Texas
Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
, United States, announced a
Joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
for the manufacture of
wind towers
Wind is the natural movement of air or other gases relative to a planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heating of land surfaces and lasting a few hou ...
and related components in the United States. The project cost was estimated to cost $40 million US dollars to build a new facility in San Angelo, Texas. Production was originally expected to reach a capacity of 400 towers a year by 2013. However, the operation was unable to compete effectively in the very difficult pricing environment for wind towers in the 2009-2011 time frame and the investment failed to reach its objectives. On July 18, 2012, Hirschfeld announced that it had acquired the remaining 50 percent of the joint venture from Martifer for a small cash payment, and as of 2014, had converted the plant to build steel bridge structures. The last wind tower was produced there in 2012.
History
The company was founded by two brothers, Carlos Martins and Jorge Martins in Oliveira de Frades, Central Portugal,. The enterprise has started with 18 employees. Today the group has worldwide 3,000 employees. Subsidiaries are in Spain (1999),
Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...
(2003),
Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and ...
(2005),
Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
(2005),
Slovakia
Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ...
(2005), Germany (2005),
Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
(2006) and
Angola
, national_anthem = " Angola Avante"()
, image_map =
, map_caption =
, capital = Luanda
, religion =
, religion_year = 2020
, religion_ref =
, coordina ...
(2006).
References
External links
Official Website* {{OpenCorp, Martifer
Bioenergy companies
Companies listed on Euronext Lisbon
Construction and civil engineering companies of Portugal
Construction and civil engineering companies established in 1990
Portuguese brands
Portuguese companies established in 1990
Renewable energy technology companies
2007 initial public offerings