Martifer
Encyclopedia
Martifer is a multinational group based in Oliveira de Frades
, Portugal
, 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
for metal construction, and aims to become the top player in other specific markets, namely Europe
and Angola
.
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
, USA, have announced a Joint venture
for the manufacture of wind towers
and related components in the United States. The project cost is an estimated $40 million US dollars. Production is expected to reach a capacity of 400 towers a year by 2013.
(1999), Poland
(2003), Romania
(2005), Czech Republic
(2005), Slovakia
(2005), Germany
(2005), Brazil
(2006) and Angola
(2006).
Oliveira de Frades
Oliveira de Frades is a municipality in Portugal with a total area of 145.4 km² and a total population of 10,597 inhabitants.County created in 1836 by splitting the county Lafões the existing municipalities of Oliveira de Frades, Sao Pedro do Sul and Vouzela.The municipality is composed of 12...
, Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
, with over 3,000 employees, focusing its activity on the metal construction
Metalworking
Metalworking is the process of working with metals to create individual parts, assemblies, or large scale structures. The term covers a wide range of work from large ships and bridges to precise engine parts and delicate jewelry. It therefore includes a correspondingly wide range of skills,...
and renewable energy
Renewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...
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
Iberia
The name Iberia refers to three historical regions of the old world:* Iberian Peninsula, in Southwest Europe, location of modern-day Portugal and Spain** Prehistoric Iberia...
for metal construction, and aims to become the top player in other specific markets, namely Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
and Angola
Angola
Angola, officially the Republic of Angola , is a country in south-central Africa bordered by Namibia on the south, the Democratic Republic of the Congo on the north, and Zambia on the east; its west coast is on the Atlantic Ocean with Luanda as its capital city...
.
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
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, USA, have announced a Joint venture
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
for the manufacture of wind towers
Wind Towers
The Wind Towers is a complex of two towers in Jumeirah Lake Towers in Dubai, United Arab Emirates. The two towers, Wind Tower 1 and Wind Tower 2, both consist of 38 floors but are 139 m and 137 m respectively. The towers are under construction and are expected to be completed in 2010 or early...
and related components in the United States. The project cost is an estimated $40 million US dollars. Production is expected to reach a capacity of 400 towers a year by 2013.
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 SpainSpain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
(1999), Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
(2003), Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...
(2005), Czech Republic
Czech Republic
The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
(2005), Slovakia
Slovakia
The Slovak Republic is a landlocked state in Central Europe. It has a population of over five million and an area of about . Slovakia is bordered by the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south...
(2005), Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
(2005), Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
(2006) and Angola
Angola
Angola, officially the Republic of Angola , is a country in south-central Africa bordered by Namibia on the south, the Democratic Republic of the Congo on the north, and Zambia on the east; its west coast is on the Atlantic Ocean with Luanda as its capital city...
(2006).