Société d'études techniques et économiques
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Setec is the fifth largest French engineering and consulting group[citation needed], involved in infrastructure and transport systems, planning, economics, waste, project, telecommunication, water, energy, geotechnical and environmental management. Setec was created in 1957 as an acronym of the French Société d'Études Techniques et ÉConomiques, which means "technical and economical design company".
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Quick Facts Company type, Industry ...
Company type | Private |
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Industry | engineering and consulting services |
Founded | Paris, France (1957 (1957)) |
Founder | Henri Grimond & Guy Saias |
Headquarters | , |
Revenue | €235 million (2011) |
Number of employees | 2,100 (2011) |
Website | setec.fr |
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Its headquarters are located in Paris, near the Seine. From the 1960s, the company began to organise into different subsidiaries and to develop its international business. In 2012, it acquired the American MWH's Brazilian subsidiary. This new company is called setec hidrobrasileira.[citation needed]