Eurenco
| Company type | Subsidiary |
|---|---|
| Industry | Explosives, Propellants, Military-grade fuels |
| Headquarters | France , France |
Area served | International (Belgium, Sweden, United States) |
| Products | Explosives, Propellants, Military-grade fuels |
| Owner | Agence des Participations de l’Etat (French government) |
Number of employees | 1100 (2023) |
Eurenco is a French enterprise focused on the production of explosives, propellants, and military-grade fuels. It functions as a subsidiary of the French government-owned Agence des Participations de l’Etat and operates international branches located in Clermont (Belgium), Karlskoga (Sweden), as well as Washington DC and Houston (Texas).
History
In 2017, Eurenco committed €100 million towards constructing a facility for hexogen explosive manufacturing in Sorgues (Vaucluse), which complemented its existing output of Nitrotriazolone (NTO) powder. This site employs approximately 250 personnel. Unlike NTO, hexogen exhibits lower stability and does not meet the criteria for Insensitive Munition classification.
By July 2020, Eurenco had secured a significant artillery shell supply agreement with Nexter. Subsequently, in April 2023, the company transferred its gunpowder production operations from Sweden back to France and resumed nitrocellulose fabrication at its Bergerac facility in May 2023.
As reported in July 2023, Eurenco’s workforce numbered around 1,100 employees, generating revenues of €300 million. In October 2023, the company extended its presence into the United States by forming a joint venture subsidiary based in Texas.
During March 2024, French President Emmanuel Macron and Minister Sébastien Lecornu visited the Bergerac plant to honor employees. At this event, Eurenco revealed intentions to double its production capacity within two years and set an ambitious goal of reaching €1 billion in sales by 2030. The firm plans to manufacture 1,200 metric tonnes per year of gunpowder designated for 155 mm caliber artillery shells, supported by a €250 million investment in France partly funded through the ASAP programme.