Spanish company billed 1.5 million for the recharging of electric vehicle

Etecnic has billed 1.5 millions in order to offer new incentives with solutions to continue growing in the electrical engineering market

The number one company in electrical engineering and sustainable mobility in Spain, Etecnic, hopes to continue consolidating the billing for next year and continue to grow especially in service stations until further expansion in Latin America.

The partners say that Etecnic closed 2018 with a turnover of 1.5 million euros and that this year, the company will reach 3 million. “We have doubled revenues in the past two years. In addition, we have always been profitable. We like to be prudent in the expansion and ensure the sustainability of the business. We don’t consider ourselves a startup.”

With currently 20 employees, mostly engineers, the owners said they plan to increase the equipment but say they will do it wisely. “The efforts are focused on R&D. We invest every year between 5% and 10% of the resources in this division.”

Ramona Martínez, a minority partner (30%) of the company she entered in 2017 contributing 200,000 euros through her company Renova 1999, said Etecnic has installed 250 recharging points. The majority are in Catalonia but they also have facilities in the Balearic Islands, Valencia, Madrid and the Canary Islands.

K.Villarroel

Source: lavanguardia

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