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Indra Sistemas Source: en.wikipedia.org/wiki/Indra_Sistemas

Indra Sistemas, S.A.
Company typePublic
BMAD: IDR
IBEX 35
ISINES0118594417
IndustryInformation technology
Consulting
Outsourcing
Founded1992; 33 years ago (1992)[citation needed]
HeadquartersAlcobendas, Community of Madrid, Spain
Key people
Ángel Escribano
ServicesDefence, transport, energy, telecommunications, financial services and public sector clients
RevenueIncrease €4.34 billion (2023)[1]
Increase €304 million (2023)[1]
Increase €206 million (2023)[1]
Total assetsIncrease €4.72 billion (2023)[1]
Total equityIncrease €1.14 billion (2023)[1]
Number of employees
Increase 57,755 (2023)[1]
Websitewww.indracompany.com

Indra Sistemas, S.A. (Spanish pronunciation: [ˈindɾa sisˈtemas]) is a Spanish information technology and defense company. Indra is listed on the Bolsa de Madrid and is a constituent of the IBEX 35 index.[2]

The current executive chairman is Ángel Escribano.[3]

In 2018 and 2019 Indra was fined for participating in a 14-year cartel rigging the contracts for Spanish railway infrastructure and leading a 15-year cartel rigging the offers of IT services to several public administrations in Spain.

Business areas

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Indra is organized around three business areas: information technologies, simulation & automatic test equipment, and defense electronic equipment.[citation needed] Indra's portfolio ranges from consultancy, project development, and systems and applications integration to outsourcing of IT systems and business processes, structured into two primary segments: solutions and services (including outsourcing and application maintenance), and business processes where technology is a strategic and differentiating element (BPO).[citation needed] This includes:

History

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The company was formed as Ceselsa-Inisel S.A. upon the merge of Cecelsa and Inisel (by absorption of the latter by the former).[6] The initial share pool was owned by INI (62%), José Antonio Pérez Nievas [es] (20%), Sainco (4%), BBV (4%), and Paribas (3%).[7]

In January 2025, Ángel Escribano was appointed as executive chairman in replacement of Marc Murtra, who was appointed as Telefónica chairman.[8] Also in January 2025, Indra purchased the 89.68% of communications satellite operator Hispasat from Redeia.[9] Later in 2025, in the context of General Dynamics European Land Systems' rejection of Indra offers for Santa Bárbara Sistemas (and its factory in La Trubia [es]), Indra president Ángel Escribano announced plans to launch an 'Indra Land Vehicles' division and the purchase of a factory in Gijón from Duro Felguera to develop military vehicles.[10][11]

Revenues

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About a third of the company's annual revenues come[when?] from international markets.[citation needed] By geographical areas, Europe and the United States are[when?] the two international markets with the greatest weight and growth for Indra. Indra is operating also in Latin America.[citation needed]

Fines for rigging

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Indra was fined in 2018,[12] and 2019[13] for participating in a 14-year cartel rigging the contracts for Spanish railway infrastructure and leading a 15-year cartel rigging the offers of IT services to several public administrations in Spain.[14]

Indra Sistemas ran the 2008 Angolan legislative election and was accused of helping the MPLA win that election.[15]

Shareholder structure

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The current[when?] shareholder structure of the company is the following:[16]

Society Shares
        Free float 40.94% 40.94
 
Spain Sociedad Estatal de Participaciones Industriales (Spanish government) 28% 28
 
Spain Escribano 8% 8
 
Spain SAPA 7.94% 7.94
 
United States Fidelity Investments 7.88% 7.88
 
United Kingdom Amber Capital 7.24% 7.24
 

References

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  1. ^ a b c d e f "Indra Sistemas, S.A. And Subsidiaries Consolidated Financial Statements for the year ended 31 December 2023 and Consolidated Directors Report, together with Independent Auditor's Report" (PDF) (in Spanish). Indra Sistemas. Retrieved 6 March 2024.
  2. ^ Pinto, Manuel (14 March 2025). "Indra impulsa al Ibex 35". La Razón.
  3. ^ Cruz Peña, Juan (19 January 2025). "Indra nombra a Ángel Escribano presidente ejecutivo con los mismos poderes y sueldo que tenía Marc Murtra". El País.
  4. ^ Harding, Ben (20 January 2009). "Indra sees 2009 sales up 5-7 pct, hits '08 targets". Reuters. Archived from the original on September 18, 2012. Retrieved 2009-01-26.
  5. ^ "Mumbai Metro to run in 30 months, awards major contracts". The Economic Times. 18 September 2008. Retrieved 29 October 2024.
  6. ^ Calvo, Angel (2019). "Sector privado y sector público en la industria española de alta tecnología: Indra". Biblio3W Revista Bibliográfica de Geografía y Ciencias Sociales. 24 (1259). Universitat de Barcelona. doi:10.1344/b3w.0.2019.27427. ISSN 1138-9796.
  7. ^ García, Ter (15 November 2019). "De EISA a Indra, 80 años de fusiones para crear el grupo tecnológico estatal de referencia". La Marea.
  8. ^ Martínez, Jesús (20 January 2025). "Moncloa blinda el control sobre Indra a costa de colocar a Escribano en la presidencia". La Información Económica – via 20minutos.es.
  9. ^ "Indra ejecuta el plan de Moncloa y compra el 90% de Hispasat a Redeia por 725 millones". El Confidencial. 31 January 2025.
  10. ^ Carrasco, Benjamín (13 March 2025). "Indra crea la división Land Vehicles y comprará a Duro Felguera una planta en Gijón para fabricar vehículos militares". Infodefensa.
  11. ^ Carrasco, Benjamín (14 March 2025). "Escribano critica la gestión de GDELS en Santa Bárbara: "Ha destruido casi todo el tejido industrial"". Infodefensa.
  12. ^ "S/DC/0565/15 - LICITACIONES APLICACIONES INFORMÁTICAS | CNMC". www.cnmc.es (in Spanish). Comisión Nacional de los Mercados y la Competencia. 26 July 2018. Retrieved 10 November 2023.
  13. ^ "S/DC/0598/16 - ELECTRIFICACIÓN Y ELECTROMECÁNICA FERROVIARIAS | CNMC". www.cnmc.es (in Spanish). Comisión Nacional de los Mercados y la Competencia. 28 March 2023. Retrieved 10 November 2023.
  14. ^ Peña, Juan Cruz (14 October 2023). "La justicia avala las multas a Indra, IBM y el resto del cártel de la informática que infló precios al Estado". elconfidencial.com (in Spanish). Retrieved 10 November 2023.
  15. ^ "Angola's poll 'cooked from the start'". IOL.co.za. 2012-08-12. Retrieved 2012-08-20.
  16. ^ "Shareholders structure". Indra. Retrieved 8 Mar 2023.