Fugro
 |
|
| Naamloze vennootschap | |
| Traded as | Euronext: FUR |
| Industry | Energy, geomatics, engineering |
| Founded | 1962 |
| Headquarters | Leidschendam, Netherlands |
|
Key people
|
Paul van Riel (Chairman of the Board of Management/CEO) Harrie L.J. Noy (Chairman of the supervisory board) |
| Products | Geotechnical, geomatics, surveying, subsea and geoscience services |
| Revenue |
 €2.36 billion (2015)
|
 €-249 million (2015)
|
|
| Profit |
€-358 million (2015)
|
| Total assets |
€2.84 billion (2015)
|
| Total equity |
€1.23 billion (2015)
|
|
Number of employees
|
12,000 (2015) |
| Website | www |
Fugro N.V. is a Dutch multinational public company headquartered in Leidschendam, the Netherlands, that provides geotechnical, survey, subsea, and geoscience services for clients, typically oil and gas, telecommunications cable, and infrastructure companies.
Fugro’s 2014 revenues amounted to €2.6 billion; it is listed on NYSE, Euronext Amsterdam, and is included in the AMX index. It has approximately 13,500 employees in over 70 countries. Paul van Riel is CEO and Chairman of the Board of Management and Harrie L.J. Noy is Chairman of the Supervisory Board.
Kornelis "Kees" Joustra founded Fugro on 2 May 1962 as Ingenieursbureau voor Funderingstechniek en Grondmechanica, Dutch for "Engineering Company for Foundation technology and Soil Mechanics". In the wake of the 1970s energy crisis the offshore business came to a standstill. This resulted in the acquisition of its main competitor, McClelland, into Fugro-McClelland in October 1987. Fugro has since vigorously pursued an active acquisition policy in order to obtain cutting-edge technology and increase its market share.
In April 1992, Fugro went public on the . In 2003, Fugro bought Thales Geosolutions for €147.5 million, its largest acquisition to date. In September 2012, CGGVeritas acquired Fugro’s Geoscience Division for €1.2 billion.
In June 2014 the Australian Transport Safety Bureau (ATSB) awarded Fugro the contract to conduct the search for Malaysia Airlines Flight 370, which disappeared on 8 March 2014. In August 2014 it awarded an additional contract for the deployment of two specialist vessels. The contract is worth AUD$39 million and lasts until August 2016. Fugro has around 200 employees and 3 search vessels dedicated to the search for MH370.
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Wikipedia