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  • 13/04/2016 ITP turnover up 9% at 710 million euros in 2015


    All business units have recorded increases in activity: 6.6% in Commercial Aviation, 3.4% in Defence and 25.8% in In Service Support.

    Investment in R&D rose to 57 million euros.

    A new Strategic Plan for the period 2016-2010 was launched in 2016.

  • 06/04/2016 ITP acquires 100% of casting subsidiary PCB

    ITP has acquired 20% of the shares of PCB, which was in the hands of Switzerland's Precicast SA. Both companies had founded Precicast Bilbao in 1999. Through this acquisition, PCB will become a wholly owned subsidiary of ITP.

    Casting activities at PCB are strategic to ITP, as they allow developing a differentiated product offering in relation to other companies in the sector. In this sense, the operation is included in the forecasted growth plans that are part of ITP's current 2016-2020 Strategic Plan, which has recently been launched.

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