Over this year the company, with its headquarters in Asturias, has secured contracts in Saudi Arabia and Jamaica, as well as in Bolivia, to the value of 900 million euros, surpassing the Group’s 2015 turnover by May.
This year TSK is celebrating its thirtieth year as a company, and with it some of its best turnover figures in recent years. In fact, in May this year the company surpassed the 741 million euros that were turned over in 2015 and the forecast is that it will close this tax year with a business turnover of around 900 million euros.
The company has not stopped expanding, particularly in the international market. TSK currently operates in 40 countries and it has projects being executed in 25. Its international presence has increased from 71% of its total sales in 2011 to 97% by 2015, with the energy sector being the company’s strongest business (65% of sales), followed by industry and the environment sector (30%).
In May the firm announced the adjudication of three contracts in Bolivia for the implementation of three plants of seven combined cycles in an operation undertaken alongside the Germany company, Siemens. The contracts total an amount of 1,050 million euros and entail a 500 million euro contract for each of the partners, the largest amount ever in TSK’s history. The electrical generation facilities are to produce 1,200 megawatts of power and will be executed in 42 months.
More recently, in October 2016, TSK announced the adjudication of two industrial plants in Saudi Arabia and in Jamaica worth 380 million euros. The first is the construction of a sugar refinery at the King Fahd Industrial Port, in Yanbu (Saudi Arabia), for the Development Company. The plant has a production capacity of 2,500 tonnes of white sugar each day. The company is also set to construct a combined cycle plant of 190 megawatts for 200 million euros, for the JPS company (Jamaica Public Service).
