Technip To Join The CAC 40 Index
Paris, Technip is pleased to announce that as of today it is included in the CAC 40, the primary index of the Paris stock exchange, where the Group is listed.
“We are honoured to be recognized amongst such a select group of leading companies. This accomplishment is the result of our teams’ great work and dedication worldwide that have contributed to Technip’s successes with our clients. This further illustrates the positive results of our strategy, as already underlined by the recent announcement of several commercial successes and our solid financial performance for the first half of 2009”, commented Thierry Pilenko, Chairman and CEO of Technip.
Joining the CAC 40 is an opportunity for Technip to increase its visibility, especially in the financial markets. The Group will continue to focus on its priorities of improved profitability, good and safe project execution and continued growth - benefiting its clients, employees and shareholders.
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Technip is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.
With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Technip is a key contributor to the development of sustainable solutions for the energy challenges of the 21st century.
Present in 46 countries, Technip has operating centers and industrial assets (manufacturing plants, spoolbases, construction yard) on five continents, and operates its own fleet of specialized vessels for pipeline installation and subsea construction.
The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA.
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