Elecnor SA (Electrificaciones del Norte - literally Northen Electrification Works) was founded on 6 June 1958 and it was headquartered in Bilbao (Rodriguez Arias road) before moving to Madrid.
It is a complete unknown for the press, silent but extremely effective engineering firm that counts with direct foreign investment. However the chairman's -Mr. Fernando Azaola Arteche- roots are basque and much of the basque origins still remains as Economy and Finance, and Human Resources are still headquartered in Bilbao.
The Elecnor Group has many subsidiaries: "Elecnor, S.A. is the head of a group of subsidiaries engaging in various business activities which compose, together with it, the ELECNOR Group".
Elecnor's most impressive achievement is nowadays the "successful placement in orbit of the Deimos-1 satellite, Europe’s first, totally private Earth observation satellite.". Pedro Duque -first Spanish astronaut- is the General Director.
Elecnor is a founder member of the Basque Energy Cluster, headquartered in the Basque Country.
More information can be found on their annual report:
Barcelona based catalan saving bank, laCaixa, has published an extremely report that explains, very clearly some key points of the Basque Economy.
The report, published only in Spanish, it is a very interesting one and it is worth reading if you are fluent in Spanish. It is a 132 pages that talks about key expertise.
Unfortunately this report does not cover some of the newest and most challenging basque initiativies, however it providers a very good background theory and interesting recommendations.
The following video edited, owned and hosted by the Basque Center for Applied Mathematics, was published today. The video explains the center ambitious and competitive conception.
The Basque Center for Applied Mathematics, announced today that in the short term they will relocate its headquarters to spain's first urban technology campus: a little island that is being rebuilt right in the center of Bilbao.
