Teixeira Duarte
Teixeira Duarte's Logo
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| Traded as | Euronext: TDSA |
|---|---|
| ISIN | PTTD10AM0000 |
| Industry | Conglomerate |
| Founded | 1921 |
| Founder | Eng.º Ricardo Esquível Teixeira Duarte |
| Headquarters | Oeiras, Portugal |
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Area served
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Portugal, South Africa, Algeria, Angola, Belgium, Brazil, Macao, Colombia, Spain, Dubai, United States of America, France, Morocco, Mozambique, Peru, Qatar, Russia and Venezuela |
| Products |
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| €1,230 million (2016) | |
| Profit | €20 million (2016) |
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Number of employees
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11,271 (in 2016) |
| Website | www.teixeiraduarte.pt/ |
Teixeira Duarte, S.A. is the company that leads a large conglomerate with more than 10,000 workers, present in 18 countries, in 6 activity sectors, achieving in 2016 a turnover of 1,115 million Euros.
Teixeira Duarte, S.A. is listed at Euronext Lisbon since 1998, Being its shareholder majority of the Teixeira Duarte family. The Group's headquarters are located at Lagoas Park, in Oeiras.
Teixeira Duarte was founded in 1921 by the engineer Ricardo Esquível Teixeira Duarte. In 1934 was incorporated as a limited liability company and, in 1987 was transformed in a . The company is has been listed on Euronext Lisbon since 1998.
The sustained growth in construction over decades has enabled the Group to progressively develop other activity sectors due to the business opportunities it has encountered and fostered since the 1970s, such as concessions and services (since 1984), real estate (since 1973), hospitality (since 1992), distribution (since 1996), energy (since 1996) and automotive (since 1991). Although in 2016 it still operated in the energy sector – where it had operated since 1996 – Teixeira Duarte divested its stake in the entity through which it maintained its activity in this sector in the first quarter of 2017.
With a consolidated process of internationalisation, Teixeira Duarte has long operated in other markets which are nowadays still important in its operations, such as Venezuela (since 1978), Angola (since 1979), Mozambique (since 1982), Spain (since 2003), Algeria (since 2005) and Brazil (since 2006), currently also added by France, Belgium, United Kingdom, the United States, Colombia, Peru, Morocco, South Africa, China, Qatar and Dubai.
Notes:
Representing the origin of the Teixeira Duarte Group, which started as a construction company, Construction is not only the core business of the Group as a whole, but also that of its biggest and most emblematic company: “Teixeira Duarte – Engenharia and Construções, S.A.” Operating in the fields of Geotechnical Engineering and Rehabilitation, Buildings, Infrastructures, Metalworking, Underground Works, Railway Works and Maritime Construction Works, “Teixeira Duarte – Engenharia and Construções, S.A.” relies on a Formwork and Pre-stressing Operations Centre; a large-scale Equipment Department; and a Materials Laboratory. It also receives support from the Teixeira Duarte Operations Centre located at Montijo.
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Wikipedia