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  September 5, 2001
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Home > Company Index > Materials & Construction > Specialty Contracting & Industrial Maintenance > Avánzit S.A.

Avánzit S.A.
 PROFILE
Avánzit has gone multimedia. Formerly Radiotrónica, the company has expanded beyond its traditional telecom network and electrical systems installations. Since adopting the name Avánzit in 2000, it has made several technology, media, and telecommunications acquisitions. Major buys have been film postproduction company Telson, engineering firm Telecomunicaciones, Sistemas e Ingeniería de Productos (TSIP), and broadcast engineering firm Servicios Generales de Teledifusión (SGT). The company has reorganized its holdings under three groups: Avánzit Technology, Avánzit Media, and Avánzit Telecoms. Construction firm Acciona owns 22% of Avánzit; chairman Rafael Martin and vice chairman Adrian de la Joya control 25%.

 COMPETITION
ACS, Actividades de Construcción y Servicios, S.A. (ACS)
Grupo Dragados (dossier)
TECNOCOM Telecomunicaciones y Energía S.A. (CIB)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 419.20
1-Yr. Sales Growth: 111.8%
Employees: 3,611
Revenue per employee: $116,089.73

 KEY PEOPLE
• Ignacio de Benito Secades
    CEO
• Juan Lasala Bernal
    CFO

 CONTACT INFO
Alcalá 581
28027 Madrid, Spain
Phone: 34-91-754-67-00
Fax: 34-91-754-67-16
Online: Web Site

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