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Indra Sistemas

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Indra Sistemas, S.A. (Spanish pronunciation: [ˈindɾa sisˈtemas]) is a Spanish information technology and defense systems company founded in 1992.[citation needed] Indra is listed on the Bolsa de Madrid and is a constituent of the IBEX 35 index.[citation needed]

Indra Sistemas, S.A.
Company typeSociedad Anónima
BMADIDR
ISINES0118594417
IndustryInformation technology
Consulting
Outsourcing
Founded1992; 32 years ago (1992)[citation needed]
HeadquartersAlcobendas, Madrid, Spain
Key people
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]
Websitehttps://www.indracompany.com/

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:

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,[4] and 2019[5] 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.[6]

Indra Sistemas ran the 2008 Angolan legislative election and was accused of helping the MPLA win that election.[7]

Shareholder structure

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The current[when?] shareholder structure of the company is the following:[8]

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. ^ 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.
  3. ^ "Mumbai Metro to run in 30 months, awards major contracts". The Economic Times. 18 September 2008. Retrieved 29 October 2024.
  4. ^ "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.
  5. ^ "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.
  6. ^ 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.
  7. ^ "Angola's poll 'cooked from the start'". IOL.co.za. 2012-08-12. Retrieved 2012-08-20.
  8. ^ "Shareholders structure". Indra. Retrieved 8 Mar 2023.