2 0 1 9 C O R P O R A T E P R E S E N T A T I O N
C O N T E N T 05 Letter from the CEO 06 60 Get to Know Us High Performance 18 Equipment Technology, Main Indicators Characteristics 2018 88 Total Quality 96 Tvitec, for Google’s Super-headquarters 98 Our Social Commitment 28 Commercial Presence 38 Our Products 40 Insulating Glass
PAG 4 A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 L E T T E R F R O M T H E C E O JAV I E R P RA D O. C H I E F E X E C U T I V E O F F I C E R O F T V I T E C Dear customers and friends, As usual in recent years, these days we atuend the presentatjon of our corporate memory. Through it, we review the most relevant events for Tvitec in 2018. Our actjvity has been intense and this is refmected in a new historic increase of the company’s turnover, which has risen to 123.5 million euros, with an Ebitda of 24%. Our main factory has met its planned targets. That is to say, it contjnued to materialize and develop the investments to reach the highest levels of speed and quality demanded by the markets, towards which our high-performance glass products are directed. We can say that we have progressed in this regard thanks to the investment efgort made. We have built a very solid foundatjon to be able to guarantee that, within 2019, a very clear progress will be reported in our quality and service levels. Without a doubt, we will celebrate with all of you the results of those investments executed in 2018. Our commitment to innovatjon and research has also crystallized with the emergence of a product that was successfully launched in the exhibitjon of Veteco 2018 held in Madrid. It is called ROCALUX and it is aimed at the facade and interior market. At the exhibitjon, we notjced that this product aroused exceptjonal interest among the visitors of our stand. Rocalux is a digital screen-printjng that, placed on the front of a previously treated glass, gives the same sensatjons to the eye and the touch as any natural stone. It is a solutjon that brings all the advantages of architectural glass; a versatjle, clean and light product ... This way the problems of using natural stone — in terms of price, treatment, weight and placement system — are solved. And what is even more relevant, from the environmental point of view, Rocalux is a recyclable product. Ultjmately, I am pleased to inform our group of clients that, thanks to our fjnancial capacity, we have a new curved glass factory that was completed in May of this year. Gone are the 16 months of intensive work and €20 million investment to be able to say that our curved glass plant is already in operatjon. These achievements, along with the training of our human and professional team, will keep Tvitec at the internatjonal forefront of the comprehensive transformatjon of high-performance glass in the building of the present and the future. PAG 5
PAG 6 G E T T O K N O W U S Tvitec faces a new decade, after its foundation in 2008, as one of the major European companies in the transformation of architectural glass. We export our special glazing products all over the world and our leadership is based on completely automated processes, our perseverance on the field of innovation and design, and our commitment to excellence and big dimension. A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 Our leadership is based on excellence, innovation and the most avant-garde techniques. C L I E N T S Our clients are the cornerstone of everything we do to offer them the best prices and the best deadlines O U R with the highest quality guarantees V A LU E S in manufacturing. In this way Tvitec has become an exclusive reference partner for any construction company, specialist in facades, architects or engineering pursuing sustainability, T A L E N T energy efficiency and aesthetics. T E A M S The professionalization of our human work teams and the training of our Q U A L I T Y technical department contribute to the success of any project. Now we progress to become, through the incorporation of curved glass, a major comprehensive global processor of high performance glass from our headquarters in Cubillos P A S S I O N del Sil (León, Spain). PAG 7
TVITEC Experience PAG 8 ONE MANHATTAN WEST New York. EE. UU. SOM Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 9 TVITEC Experience
TVITEC Experience PAG 10 ONE MANHATTAN WEST ICON A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 11 TVITEC Experience
PAG 12 1 1 H O Y T S T R E E T New York. EE. UU. Studio Gang A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 13
TVITEC Experience PAG 14 4 1 2 W 1 5 T H S T R E E T New York. EE. UU. CetraRuddy Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 15 TVITEC Experience
TVITEC Experience PAG 16 2 6 0 K E N T A V E N U E S U G A R D O M I N O New York. EE. UU. Cookfox Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 17 TVITEC Experience
PAG 18 L E A D I N G I N D I C A T O R S 2 0 1 8 T vitec ended 2018 with a solid performance in terms of turnover. We invoiced 123.5 MILLION euros, reaching for eleventh consecutive year a continuing growth trajectory in sales. Our export rates became, once again, the key point in this sustainable growth. Apart from, letting us hold an absolute leadership in Spain. In line with this trend, we continue to generate V O L U M E O F wealth and employment. B U S I N E S S Currently, our stafg is made up of around 500 workers. The outlook for leading indicators in 2019 is also positive with a signifjcant volume of contracted portfolio projects, especially within the international sphere. A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 OUR ZONES 15% 45% 123,5 32% 8% M I L L I O N E X P O R T : U N I T E D S T A T E S - E U R O P E - S P A I N 123,5 mill . 107 mill. 92 mill. 75 mill. 58 mill. 44 mill. 2013 - 2014 - 2015 - 2016 - 2017 - 2018 I N C R E A S E I N T H E V O L U M E O F C O N T R A C T E D P R O J E C T S 2008- 121 2014- 376 2015- 413 2016- 479 G R O W T H I N 2017- 515 T H E N U M B E R O F E M P L O Y E E S 2018- 497 PAG 19
TVITEC Experience PAG 20 B I O G E N N E W P L A N T Luterbach. SWIZERTLAND Burckhardt+Partner Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 B U C K I N G H A M G R E E N London. UNITED KINGDOM Fletcher Priest Architects PAG 21
TVITEC Experience PAG 22 CITY QUAY Dublin. IRELAND Henry J Lions Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 23 TVITEC Experience
TVITEC Experience PAG 24 CASTELLANA 77 Madrid. SPAIN Luis Vidal + Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 25 TVITEC Experience
TVITEC Experience PAG 26 JANDÍA ROBINSON CLUB Canary Islands. SPAIN 2F Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 27 TVITEC Experience
PAG 28 C O M M E R C I A L P R E S E N C E O U R F A C T O R I E S T he international expansion of Tvitec’s high performance glass continues unstoppable. Our solutions of double and triple glazing with intelligent, selective and solar control layers — laminated and tempered safety glasses as well as screen printed — are present in emblematic construction projects in more than 50 countries on fjve continents. Four factories house the great manufacture potential of Tvitec’s high performance glass to ofger our clients the best quality / competitiveness ratio of the market. Cubillos del Sil (León). 85,000 m. Bulilla-Villena (Alicante). 15,000 m. Sao Paulo (Brazil). 2,000 m. Las Palmas (Canary Islands). 1,000 m. T H E S E A R E T H E C O U N T R I E S W H E R E I T EUROPE I S P O S S I B L E T O F I N D S P E C I A L G L A S S P R O D U C T S F R O M T V I T E C . Spain, United Kingdom, France, Italy, Germany, Sweden, Austria, Holland, Denmark, Romania, Norway, Switzerland, Ireland, Belgium, Poland, Ukraine, Portugal. A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 CUBILLOS DEL SIL (LEÓN). 85.000 M. BULILLA-VILLENA (ALICANTE). 15.000 M. LAS PALMAS (CANARY ISLANDS). 1.000 M. SAO PAULO (BRAZIL). 2.000 M. AMERICA AFRICA ASIA OCEANIA Australia, Philippines USA, Canada, Brazil, Mexico, Chile, Morocco, Algeria, Angola, / MIDDLE EAST Paraguay, Colombia, Dominican Mauritania, Gabon Republic, Panama, Argentina, Cuba, Qatar, Saudi Arabia, Lebanon, Bahamas, Guatemala, Cayman Dubai, Azerbaijan, Abu Dhabi, Islands. Israel, Lebanon, Egypt, Hong Kong. PAG 29
TVITEC Experience PAG 30 2000 ROSS STREET Dallas. EE. UU. HKS Architects A N N U A L M E M O R Y - 2 0 1 8 / 1 9
A N N U A L M E M O R Y - 2 0 1 8 / 1 9 PAG 31 TVITEC Experience
TVITEC Experience PAG 32 MERCEDES BENZ DEALER Valladolid. SPAIN A N N U A L M E M O R Y - 2 0 1 8 / 1 9
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