SEPI
Encyclopedia
Sociedad Estatal de Participaciones Industriales is a large state-owned Spanish
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 industrial holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

. It is the successor of Instituto Nacional de Industria
Instituto Nacional de Industria
'Instituto Nacional de Industria' , literally National Institute of Industry, was a Spanish state-owned financing and industrial holding company, currently succeeded by the Sociedad Estatal de Participaciones Industriales' .-History:...

. The company controls all stocks owned by the Spanish State. As of 2010, the company controls 21 different companies, has smaller holdings in eight companies, and directs two foundations, with a total of 32,000 employees.

Holdings:
  • Correos
    Correos
    Sociedad Estatal de Correos y Telégrafos, S.A., popularly known as Correos, is the national postal service of Spain, as recognized by the Universal Postal Union. With 63,000 employees and 5.4 billion pieces of mail sent each year, Correos is one of the largest postal services in the world...

     (Correos y telégrafos SA) (national postal service) 100%
  • TVE (Radio televisión española S.A.) 100%
  • Construcciones Aeronáuticas SA
    Construcciones Aeronáuticas SA
    Construcciones Aeronáuticas SA , was a Spanish aircraft manufacturer. It became EADS CASA the Spanish branch of EADS in 1999, but was absorbed by Airbus Military in 2009...

     0%. This stake was folded into EADS.
  • EADS
    EADS
    The European Aeronautic Defence and Space Company N.V. is a global pan-European aerospace and defence corporation and a leading defence and military contractor worldwide...

     (European Aeronautic Defence and Space Company) 5.6%. EADS-CASA is involved in the production of Airbus
    Airbus
    Airbus SAS is an aircraft manufacturing subsidiary of EADS, a European aerospace company. Based in Blagnac, France, surburb of Toulouse, and with significant activity across Europe, the company produces around half of the world's jet airliners....

     aircraft.
  • Navantia
    Navantia
    Navantia, formerly Bazán or IZAR, is a Spanish shipbuilding firm, which offers its services to both military and civil sector. It is the fifth largest shipbuilder in Europe, and the ninth largest in the world with shipyards all over Spain....

     (Shipyards), about to be privatized
  • Hunosa (Coal mining)
  • Red Eléctrica de España
    Red Eléctrica de España
    Red Eléctrica de España is a Spanish corporation which operates the nation's power transmission system and electricity grid.The company was created in 1985 by the Spanish Government-owned holding company Instituto Nacional de Industria to provide a unified national power grid.The firm was also...

     (REE) (electricity transmission) 20%
  • RENFE
    RENFE
    Renfe Operadora is the state-owned company which operates freight and passenger trains on the 1668-mm "Iberian gauge" and 1435-mm "European gauge" networks of the Spanish national railway infrastructure company ADIF .- History :The name RENFE is derived from that of the former Spanish National...

     (Red Nacional de Ferrocarriles Españoles) (spanish national railways) 100%
  • Iberia Airlines
    Iberia Airlines
    Iberia Líneas Aéreas de España, S.A., commonly known as Iberia, is the flag carrier airline of Spain. Based in Madrid, it operates an international network of services from its main bases of Madrid-Barajas Airport and Barcelona El Prat Airport....

    5%

External links

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