Société d'études techniques et économiques
| Company type | Private |
|---|---|
| Industry | Engineering and consulting |
| Founded | 1957 |
| Founder | Henri Grimond, Guy Saias |
| Headquarters | Paris , France |
Area served | International |
| Products | Infrastructure, transportation systems, urban planning, economic analysis, waste management, project oversight, telecommunications, water resources, energy, geotechnical engineering, environmental stewardship |
Number of employees | (unknown exact number; data not provided) |
Setec ranks as the fifth largest engineering and consulting firm in France, with expertise spanning infrastructure, transportation systems, urban planning, economic analysis, waste management, project oversight, telecommunications, water resources, energy, geotechnical engineering, and environmental stewardship. Established in 1957 by Henri Grimond and Guy Saias, its name derives from the French acronym Société d'Études Techniques et Économiques, which translates to "technical and economic studies company."
Based in Paris near the Seine River, Setec began its international growth during the 1960s by creating various subsidiaries. In 2012, it expanded further by acquiring MWH Global's Brazilian branch, leading to the creation of Setec Hidrobrasileira.
Key figures
| Year | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (€m) | 105 | 105 | 110 | 112 | 125 | 129 | 134 | 143 | 170 | 186 | 201 | 235 | 250 |
| Employees | 870 | 900 | 950 | 961 | 1,017 | 1,100 | 1,200 | 1,300 | 1,500 | 1,700 | 1,900 | 2,100 | 2,200 |
Main projects
Among the significant undertakings involving Setec are:
- Channel Tunnel,
- Millau Viaduct,
- LGV Rhin-Rhône and LGV Est high-speed rail corridors,
- Peking Opera House,
- Cœur Défense tower,
- Macau Light Rail Transit system,
- Fondation Louis Vuitton for contemporary art,
as well as numerous other prominent infrastructure and construction initiatives.