CITEC

CITEC

Citec - Expertise with Passion - Front page. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
AUD156m (Public information from Jun 2022)
Company register number 1866176-3
Turku Southwest Finland (HQ)
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DateInvestorsAmountRound
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N/A

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$101m

Valuation: $101m

Acquisition
Total Funding-

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Citec is a global engineering company that specializes in providing comprehensive solutions for the energy, oil, gas, and transportation industries. With a strong focus on plant and product engineering, Citec ensures cost efficiency and timely delivery of projects. The company serves a diverse range of clients, including industrial giants and emerging businesses, by offering multidisciplinary engineering services that cover the entire value chain. Citec operates in multiple markets, including Finland, France, Germany, India, Norway, Russia, Saudi Arabia, and Sweden. The business model revolves around delivering tailored engineering solutions that meet the specific needs of each client, leveraging advanced tools and a profound understanding of industrial processes and regulations. Revenue is generated through project-based contracts and long-term service agreements. Citec's expertise in digitalization and cross-cultural collaboration further enhances its ability to deliver high-quality engineering projects globally.

Keywords: engineering, energy, oil, gas, transportation, plant design, product engineering, cost efficiency, digitalization, cross-cultural.

Tech stack

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Investments by CITEC

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Akilea Engineering
ACQUISITION by CITEC Apr 2013
M7 Offshore
ACQUISITION by CITEC Aug 2013
Technisches Gemeinschaftsbüro GmbH
ACQUISITION by CITEC Feb 2014