The story
The origins of Técnicas Reunidas date back to 1959, when several Spanish businessmen and the US engineering company The Lummus Company joined forces to create Lummus Española, S.A.
In 1963, Técnicas Reunidas built its first complete refinery in Spain, thus beginning its career as a specialist in refining units.
In 1968, it built the Luján de Cuyo refinery in Argentina for YPF (Yacimientos Petrolíferos Fiscales, SA), its first project abroad.
In 1972, the company absorbed Tecniresa, adopting its current name and becoming a privately held Spanish company.
From the 1980s onwards, under the management of Álvaro García-Agulló Lladó and the chairmanship of José Lladó, the company underwent a major international expansion and currently carries out most of its activity outside Spain, mainly in the Middle East, Latin America, the Far East, and the Mediterranean area (primarily North Africa and Turkey).
In 2022, during the COVID-19 pandemic, the Spanish government, through the State Industrial Holdings Company (Sociedad Estatal de Participaciones Industriales), granted the company €340 million in aid.
From Wikipedia’s article on Técnicas Reunidas, shared under CC BY-SA 4.0.5
