Prointec, Indra’s civil engineering subsidiary, will participate in the largest railway infrastructure project in Europe, Rail Baltica. This is a rail network for passengers and goods linking the Baltic countries, Estonia, Latvia and Lithuania to the Trans-European Transport Network (TEN-t). In consortium with German engineering consultancy Obermeyer Planen + Beraten GmbH, it will design a 93.5 km section of the works for a total of €10.8 M.
The Spanish technology company Indra is closing to winning a contract in the US to install a managed lanes system in a motorway in Virginia.
Renta 4 | Indra (IDR) has been designated as national coordinator of the FCAS programme, the future European combat aircraft. It is the major joint European defence project so far and the most ambitious in terms of technology development.
Alphavalue | The Spanish government prepares measures to block corporate operations among listed companies in which the State has a stake.
Indra’s digital transformation unit Minsait is giving a new boost to the construction of solutions with great innovative content in the realm of smart cities through its participation in the European R&D program Smart Cyber Physical Systems Engineering (CPSE) Labs.
Indra has launched a full bid for Tecnocom at 4,25 euros per share in cash and stock. Analysts see the move as a further step in Indra’s restructuring and is in line with its strategy for gaining critical mass.
The Spanish market’s attention was firmly on technology company Indra on Tuesday when it’s share price plummeted 12%. One reason for the slump was its nine months to September results, which hugely disappointed analysts and investors.
MADRID | The Swiss risk capital firm has named the recently acquired company from Indra as Delion Communications, which it expects to be consolidated as an industry leader.
MADRID | The solution implemented by Indra in Malaysia will include operational planning, traffic regulation and real-time train circulation monitoring sub-systems.
With these contracts, Indra is able to make progress in the objective of increasing its presence in the Asian continent’s emerging markets, where it has subsidiaries in India, China, the Philippines and Sydney.