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Ingeteam opens subsidiaries in Romania, Philippines

Published

August 3, 2015

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Published:

August 3, 2015

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With the opening of two subsidiaries in Romania and the Philippines, Ingeteam has increased its global presence to 17 countries in all five continents.

The company said it that in Romania it is focusing on wind power, more specifically power plant maintenance. With its establishment in this country, Ingeteam, headquartered in Spain, is to provide operation and maintenance services for almost 400 MW, accounting for 12% of the country’s total installed power, according to its press release. For the head offices in Bucharest it plans to hire 35 people through 2016.

On the other hand, the Philippines is one of the countries with the highest growth forecasts in Southeastern Asia, Ingeteam said. At the end of 2011, the country had an installed wind power of 33 MW, with plans for the installation of more than 500 MW by year 2020. This new subsidiary has led to the creation of local employment in the islands of Luzon, Guimaras and Panay, with the recruitment of some twenty new employees, according to the company’s website. Ingeteam has signed its first contract in the country, for the provision of services for 174 MW, 68.5% of overall installed power.

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