It was July 9, 1930, when, with a share capital of 500,000 pesetas (€3,000), Finanzauto Sociedad Anónima was established with the initial purpose of granting loans for the acquisition and sale of automobiles.

Over the years, the company evolved, expanding into the sale of agricultural tractors, trucks, and public works machinery from prominent national and international brands: Delaport, Penta, Continental, DKW… consolidating in 1949 when it was appointed distributor of Pegaso trucks.

In the following years, we continued expanding, securing the distribution of leading brands of that era. This situation, along with the solidity, organization, and structure that Finanzauto demonstrated, was the reason Caterpillar appointed the company as exclusive distributor in Spain for its manufactured products. The agreement was signed in Geneva on May 31, 1963.

More than 55 years have passed since this signing, and Finanzauto has continued evolving to remain a modern and advanced company, adapting to and overcoming many challenging situations that have arisen.

During this period, we have established ourselves as the reference company in all markets where we operate, thanks to our continuous commitment to providing the best service to our clients, always at their disposal to find the best solution for them and their businesses.

The result of this is the prestige we enjoy and, what fills us with the most pride, the loyalty of our clients.

Today, and after 90 years since the company’s founding, we can boast unmatched strength and solidity. This dynamic of evolution, adaptation, and modernization is more present than ever following our integration into TESYA Group almost 2 years ago.

Over the past 2 years, Finanzauto has been in continuous transformation. We are building a much more modern, digital, and technologically advanced company, adapted to the current times we live in.

We have expanded our product portfolio, securing distribution of prestigious brands: Sandvik, Konrad, Noe, Prinoth, Rotor…

But this does not stop here, and we continue working to explore new lines of action to provide a more comprehensive solution to our clients, improving our market presence, and consolidating ourselves as a stronger and more resilient company.

And, to conclude, we cannot fail to mention the most representative achievement we have accomplished as a company, the construction and consolidation of OUR VALUES.

This proposal, linked to the group’s name change, allows us not only to identify with the group but also helps us consolidate and enhance our brand image.

The values presented by the group, thanks to the work of everyone, will allow us to recognize ourselves and will represent our DNA as members of TESYA Group.

We cannot think of a better way to celebrate these 90 years of existence and continuous evolution of Finanzauto than the moments we are experiencing now, thanks to this group identity and value proposition.

We are convinced that, with the strength of the people who make up Finanzauto, we will celebrate 90 years living up to our motto: “You and I, empowering the growth of people, companies, and communities.”

Eliminate any doubts: With a Cat Certified Used machine, you can be confident it’s truly in optimal condition to work.

Before you put a Cat Certified Used machine to work, we put it to the test.

Each Certified Used machine is selected, inspected, and serviced following our most recent maintenance standards and adjusted to meet our high-quality requirements:

• Minimum 6-month warranty on powertrain and hydraulic system, according to manufacturer conditions

• Maintenance history available for units coming from our rental fleet

• Rigorous inspections covering more than 140 check points

• Option to add a customized maintenance contract

Every low-hour, well-maintained machine must undergo a strict quality inspection that includes up to 140 check points to qualify as “certified.” Once the machine passes all tests, we perform the required preventive maintenance using genuine Cat parts, backed by Caterpillar warranty, and connect it to Product Link® technology (when applicable) to monitor your machine’s performance at all times and help you optimize its productivity.

On April 15, Finanzauto was awarded the “Global Dealer Excellence Award” for its Marine Division. The award was received by Clive Thomson from Doug Oberhelman (Chairman and CEO of Caterpillar®) in Dubai, during the ceremony in which Finanzauto was the only dealer worldwide to receive an award in the marine business.

This achievement has been made possible thanks to the steps taken by FINANZAUTO, which are fully aligned with Caterpillar’s marine business strategy, based on:

• Development of the complete propulsion business

• Continuous proactivity and willingness to develop new products (with Finanzauto being the only pilot dealer in EAME for the propeller business)

• Commitment to other products such as EMD

• Development of the aftersales business (especially in the MaK® engine area)

• Achievement of certifications such as MSA Platinum

This award, which recognizes the excellence of our marine business above other traditionally leading dealers, would not have been possible without our fantastic team of professionals, who day by day have elevated this business to a higher level and form the great Finanzauto family. Our sincere thanks to all of them.

This award, which recognizes the excellence of our marine business above other traditionally leading dealers, would not have been possible without the fantastic team of professionals who, day by day, have elevated this business to a higher level and make up the great Finanzauto family. Our sincere thanks to all of them.

On September 27, the new Finanzauto Hydraulic Center was inaugurated, located within the Base Arganda facilities. This exclusively designed building features a fully equipped workshop prepared for the rebuilding of hydraulic cylinders, as well as a new and innovative center for the identification and fabrication of hydraulic hoses.

The inauguration ceremony began at 11:30 AM with the reception of attendees, including:

• Local authorities, such as the Mayor of Arganda del Rey, Mr. Pablo Rodríguez Salinero; the First Deputy Mayor and Finance Councilor, Ms. Amalia Guillén; and the Councilor for Promotion and Economic Development, Mr. Alejandro Daganzo

• Caterpillar leadership, represented by Mr. John F. Calder, EAME District Manager

• Technical press, with around ten editors from the sector’s most prestigious media outlets

• Finanzauto management, who not only hosted the event but also engaged closely with authorities, clients, and friends, sharing impressions and concerns, as well as enjoying an excellent barbecue that extended into the afternoon

The event was opened by Ms. Isabel Vicente, Finanzauto Post-Sales Director, who thanked everyone for attending and highlighted the importance of the new Hydraulic Center for the company and its clients.

Javier León, Marketing Manager, acted as the master of ceremonies and reminded attendees that 2013 marks the 50th anniversary of Finanzauto’s distribution agreement for all Caterpillar products.

John F. Calder, EAME District Manager of Caterpillar, emphasized that Finanzauto has been the only Caterpillar distributor in the world to receive the highest service excellence award three consecutive times. Referring to the current economic situation affecting several European countries, including Spain, he drew an analogy with a Caterpillar hydraulic hose, highlighting its ability to withstand pressure, flexibility, and adaptability, ensuring optimal performance throughout its life.

The Mayor, Mr. Pablo Rodríguez Salinero, congratulated Finanzauto on the new center and highlighted the company’s importance to the industrial and business development of Arganda del Rey for nearly five decades.

Mr. Oscar Vicente, Head of Hydraulics at Finanzauto, provided a detailed explanation of the operations and functions of the new Hydraulic Center.

Finally, Mr. Justo Galán, Post-Sales Manager of Base Arganda, emphasized the service improvements that Finanzauto can now offer its clients and invited them to start using the new center immediately.

A step forward in After-Sales Service

This new Hydraulic Center complements the extensive range of services that Finanzauto offers its customers for the hydraulic systems of their machines. The Center will carry out two clearly defined activities:

• Rebuilding of hydraulic cylinders

• Identification and manufacturing of hydraulic hoses

Both the Cylinder Workshop and the Hose Manufacturing Center are equipped with the most advanced technology, including the following highlights:

Cylinder Workshop

• Caterpillar Hydraulic Bench for cylinder disassembly/assembly, capable of generating forces and tightening torques of over 7 tons—essential for opening the largest cylinders without damaging their main components.

• Automated Cylinder Liner Honing Machine. A fully automated machine used for the internal reconditioning of cylinder liners. Capable of handling loads over 3.5 tons, this equipment restores the internal surface finish of the liners, ensuring the repaired cylinder operates smoothly and extending its service life.

• CNC Machining Center, where the dimensional data for thousands of references—directly obtained from Caterpillar’s manufacturing database—can be pre-programmed. This allows minimal production times when a piston rod requires rebuilding, thereby reducing the return time of the repaired cylinder.

Hose Manufacturing Center

This center is located at the rear of the reception area. Through its large glass windows, clients can observe firsthand the entire process carried out by our specialists when manufacturing a hose.

The center is equipped with the latest hose assembly technology, including the state-of-the-art Caterpillar Radial Press, computer-controlled and capable of assembling high-pressure hoses up to 2½” in diameter, using both permanent fittings and Caterpillar’s exclusive reusable fittings.

It is important to highlight that this specialized center can manufacture hoses and rebuild cylinders for all machine brands, whether Caterpillar or not, allowing complete coverage for any customer’s machinery fleet.

Once again, Finanzauto takes a step forward to offer differentiated solutions and services, focusing on fast, high-quality processes and investing in the latest technologies available on the market.

After nearly 50 years of presence in Santa Perpètua de Mogoda since 1967, Finanzauto has relocated its Barcelona base to a new, much more modern facility in Barberà del Vallès, equipped with the latest technological advancements, from which it will serve all of Catalonia.

Throughout this time, Finanzauto has aimed to provide high-quality service, always tailored to the specific needs of each client and aligned with the standards of Caterpillar, the globally leading brand it represents, ensuring that service and customer care remain a competitive advantage. However, time inevitably takes its toll, and those facilities—once cutting-edge and advanced for their era—had become somewhat outdated. Finanzauto therefore decided to seek a change in line with the new market demands, convinced that the financial investment, even in these challenging times, was absolutely necessary to continue delivering the best customer service.

To celebrate this milestone, on March 21, 2014, the official inauguration of the new facilities took place, with events beginning at 13:30 and clients invited from 12:00. The ceremony was attended by a large group of clients from across Catalonia, as well as prominent figures such as the Mayor of Barberà del Vallès, Ms. Ana del Frago, the Director General of Industry, Mr. Antoni Mª Grau, Caterpillar leadership represented by Vice President Mr. Cristian Dillier, and the national management of Finanzauto led by CEO Mr. Viktor Salzmann.

Facilities

Located in the Santiga-Provasa Industrial Estate of Barberà del Vallès, the new site offers an excellent location, with easy access and high visibility from the AP-7.

Built on a 20,000 m² plot, the facilities include:

• 1,717 m² of workshops, with 7 lanes, overhead cranes of 5, 6.3, 10, and 12.5 tons, and all necessary tools for any repair

• 838 m² of annex workshop, including a clean waste area, paint, welding, and chain shops, and washing areas

• 1,433 m² of modern offices across 2 floors

• 550 m² spare parts warehouse

From these new facilities, the Company will continue to actively contribute to the development of Catalonia in particular and Spain in general, just as it has done over the past 47 years. Of course, the doors of Finanzauto will remain open to all clients and friends, welcoming them to visit what, from this date forward, will also be their home.

Located very close to its previous site, in the Ibárburu Industrial Estate of Dos Hermanas and on a 30,000 m² plot, this is the Company’s new headquarters, following 45 years of operations at its former location.

This move was driven by two main reasons: on one hand, to continue offering all customers in the provinces served by this Base the best service and attention, which required updating the facilities and equipping them with state-of-the-art systems, tools, and technologies to ensure the continuity of the leadership the Company has maintained for over 50 years. The second reason was to continue the Company’s investment and facility renewal plan, which has been underway in recent years despite Spain’s challenging economic situation, with new centers launched in Gran Canaria, Tenerife, Valladolid, Arganda (Hydraulic Center), and Barcelona.

The new Base Sur serves 12 provinces: the eight Andalusian provinces, two in Extremadura, and the autonomous cities of Ceuta and Melilla. In addition to this facility, the Company operates centers in Macael (Almería), Granada, Algeciras (Cádiz), Málaga, Córdoba, and Mérida (Badajoz). The site employs 117 professionals with proven experience. Key figures include:

• Total area: 30,000 m²

• Built area: 5,000 m²

• Offices: 1,590 m²

• Main workshop: 1,750 m²

• Annex workshop: 888 m²

• Spare parts warehouse + storeroom: 812 m²

Main Workshop Facilities:

• 7 double lanes

• 4 overhead cranes (5 tons) + 3 overhead cranes (6.3 tons)

Annex Workshop Facilities:

• Wash bay

• Paint shop

• 3 welding lanes

• Recycling/clean point

The inauguration ceremony welcomed nearly 400 clients, along with prominent local and regional authorities, including His Excellency, the Mayor of Dos Hermanas, Mr. Francisco Toscano, and the Regional Delegate for Economy, Innovation, Science, and Employment of the Andalusian Government, Ms. Susana López Pérez. Also in attendance were Mr. Richard Bliss, General Manager of Caterpillar® Paris Office, Mr. José Coronel de Palma, President of Caterpillar Financial, and, of course, the Finanzauto Management team, led by its President and CEO, Mr. Viktor Salzmann.

The event began at 12:00 noon with the reception of guests, who were able to view an extensive exhibition of Cat® products and six dedicated information points covering Finanzauto’s commercial offering across its different business areas.

At around 12:30, guided tours of the new facilities began, allowing attendees to see the various departments, warehouses, workshops, and other areas of the Company firsthand. A highlight of the tour in the main workshop was the demonstration of the rebuilding processes for large production equipment, showing real-life examples of the “before and after” of an interior mining Cat® R2900 loader.

At 13:30, the official inauguration took place, featuring speeches by Finanzauto and Caterpillar® authorities, followed by the traditional ribbon-cutting and unveiling of the commemorative plaque.

Finally, after a group photo beside the machinery exhibition, all attendees shared a cocktail reception, celebrating a future full of success for everyone.

As many know, during 2014 we celebrated the 50th anniversary of the distribution agreement between Finanzauto and Caterpillar.

To conclude the celebrations, we created a commemorative book and video summarizing these five decades.

In both, we aimed to highlight the most significant milestones in Finanzauto’s history, shaped by the hard work of all our employees and the trust our customers have placed in us year after year.

The book is available on our website via the following link, and the video can be viewed on our YouTube channel.

We hope you enjoy the book and video and can see reflected the impact that you or your companies have had on these 50 years of Finanzauto’s journey.

The TESYA Group, parent company of Finanzauto, has launched CYCLICA, an international and connected platform that aims to become a global benchmark for sustainable development in the industry.

The new platform offers a stock of thousands of machines, engines, spare parts, and other industrial equipment available to clients, supported by specialists capable of providing the best personalized advice. The team behind CYCLICA works daily to provide accurate information on the condition of listed equipment. This industry expertise and knowledge make the platform a reliable reference for acquiring machinery, industrial equipment, and reconditioned spare parts.

Felipe Fernández-Urrutia, TESYA Group’s Director of Used Equipment, stated:
"Initiatives like CYCLICA represent a step forward in the sector leadership of Finanzauto and its parent company, the TESYA Group. With CYCLICA, we offer our clients the opportunity to give equipment a second useful life, acquiring machinery and spare parts that maintain optimal quality and performance, establishing a new way of approaching used equipment sales based on sustainability and user trust."

CYCLICA also represents a strong commitment to the circular economy, extending the lifespan of equipment and significantly reducing the use of raw materials and energy required to manufacture new components. With this approach, CYCLICA aims to become the leading global platform for reconditioned equipment, prioritizing transparency and quality in the information provided about the equipment. In this way, Finanzauto strengthens its role as an innovative leader, driving positive transformation in the industry and developing solutions that enhance efficiency and cutting-edge performance in the sector.

Visit Cyclica

On May 31, 1963, the agreement between the two companies was signed.

We want to share with everyone that on May 31, we celebrated 50 years of collaboration between Finanzauto and Caterpillar. On this occasion, we also wish to highlight other important milestones in our company’s history, in which we have had the great satisfaction of being not only spectators but also participants—and in many cases, key players—through our customers.

In Madrid, on July 9, 1930, Finanzauto, S.A. was founded. From that moment until 1962, the company’s business focused on the financing and sale of automobiles, agricultural tractors, trucks, and public works machinery from various prominent brands. Those over 30 years of expansion provided the company with the stability necessary for Caterpillar, the global leader in earthmoving equipment, to offer exclusive distribution of its products in Spain to Finanzauto, S.A.

The agreement was signed in Geneva, Switzerland, on May 31, 1963. Since then, 50 years of significant milestones have passed, crucial both for the company’s expansion and for the economic growth of our country.

In the same year, 1963, Caterpillar launched its new Industrial Division, dedicated exclusively to the development and manufacture of engines, located in Mosville, north of Peoria, Illinois. One of the initial challenges was to adapt the facilities to business demand.

In 1967, the first three Bases were inaugurated: Arganda, Barcelona, and Valencia, followed by Tenerife in 1968, the same year the company received its first Model Company award in Social Security.

Between 1969 and 1974, seven new Bases were opened in Oviedo, Zaragoza, Bilbao, Sevilla, Las Palmas, Málaga, and Coruña, along with delegations in Lérida and Palma de Mallorca.

In 1973, coinciding with the 10th anniversary of the distribution agreement with the American brand, a major meeting was held in Madrid, during which Caterpillar congratulated all Finanzauto employees for achieving the #1 sales volume among distributors worldwide.

In February 1976, the Advisory and Training Center was launched in Arganda del Rey, inaugurated by the then Minister of Education and Science, Mr. Robles Piquer.

In 1990, Finanzauto, S.A. acquired a majority stake in the Portuguese company STET, the Caterpillar products distributor in Portugal.

Today, the company boasts a consolidated, young, dynamic, and expert team, fully prepared to face the future with enthusiasm and a clear goal: to continue working hand in hand with our clients, helping them achieve maximum profitability from their Caterpillar equipment and, consequently, their businesses. The pursuit of excellence and continuous improvement makes our daily work a stimulating and motivating challenge, allowing us to continue growing and to keep Progressing Together for at least another 50 years.

Facilities

The Casablanca platform, located 52 km from Tarragona, extracts a portion of the crude oil processed at the Complex. The platform rises 75 m above sea level and produces around 8,000 barrels of crude oil per day from the reservoir and six wells: Rodaballo, Boquerón, Barracuda, Chipirón, Lubina, and Montanazo.

The Casablanca facilities are divided into three main sections:

1. The fixed platform, built in an area with a depth of 161 meters.

2. The subsea wells, connected to the platform and controlled remotely.

3. The pipeline, which transports crude oil from the sea to the coastal terminal for subsequent distribution within the Complex.

The Pantalán, Repsol’s maritime terminal, covers nearly 9,000 m² and provides five docking fronts for unloading vessels of up to 100,000 tons. In addition, the terminal includes a single-point mooring (SPM) buoy located 3 km offshore, where supertankers can discharge their cargo.

The project

The project originated approximately one year ago, in collaboration with Repsol’s Engineering Department, with the aim of improving the current power generation and distribution system of the producing platform, which is composed of the following generator sets:

The client identified the need to replace the 3512 diesel generator due to age and power limitations. This unit has been in service since 1997 and has accumulated over 26,000 operating hours.

After analyzing the initial situation and planning the platform’s future power requirements, various feasibility studies and proposals were presented to the client.

Among the potential alternatives in this first phase were the 3516 DGB (Dynamic Gas Blending) and the 3516B HD models.

Subsequently, during the project development, Repsol’s Engineering Department assessed that while these units would be suitable for current operating conditions, they might face limitations considering the estimated power increases for new platform projects.

Given this new situation, the initial proposals were revised to consider 1,500 rpm generator sets with higher power density, specifically the Caterpillar C175-16 and the new C175-20 models.

Once the feasibility of installing any of these units at the current 3512 location was verified by Finanzauto’s Power Systems Engineering Department in collaboration with Repsol, the client issued a tender for the equipment purchase.

Finally, following the tender process, in December 2014, Finanzauto was awarded the contract for the supply and commissioning of a Caterpillar C175-20 diesel generator with 2,880 ekW of main power, including engine cooling skid, control panel, auxiliary services, and FAT testing.

Generator Set Specifications

PRIME power 2880 ekW 3600 kVA 50 Hz 1500 rpm 600 Volts

It’s been almost 50 years since we began our operations at the Amorebieta facilities in Bilbao, back in 1970. Throughout this time, we have strived to offer our customers high-quality service, always tailored to their specific needs and in line with the standards of Caterpillar®, the world-leading brand we proudly represent.

But time moves on, and those facilities—cutting-edge and advanced for their time—eventually became outdated. It was time for a change to meet new demands, and we got to work.

After the necessary stages of searching, selecting, and building, we are pleased to announce the opening of our new facilities, equipped with everything needed to provide impeccable service and customer care, along with convenient access for goods, machinery, employees, and visitors alike.

Since February 19, 2018, all our operations have been carried out at Finanzauto’s new facilities in Ortuella, located at:

Polígono Industrial El Abra Industrial - Plot 1.5.1
48530 ORTUELLA (Vizcaya)
GPS: Long: W 3º 3' 59.277" | Lat: N 43º 18' 57.197"

Please note that our opening hours, telephone, and fax numbers remain unchanged:

Tel.: 946 730 500
Fax: 946 730 554

From these new facilities, we will continue to actively contribute to the development of our region in particular and Spain as a whole—just as we have done over the past 48 years. And, of course, we warmly invite you to visit us at what, from now on, will also be your home.

Dear Customer,

Finanzauto, as it could not be otherwise, will remain close both to the companies that continue working to guarantee the services considered essential, and to those that have had to stop their operations, making sacrifices, to contribute to the fight against contagion.

We have a firm commitment to society and to our country, so at this moment of great uncertainty, we continue working with all necessary resources. We want to contribute so that no sector or essential service in the fight against the coronavirus stops, such as hospitals, supermarkets, law enforcement, freight movement, logistics centers, landfills, agriculture, fishing, forestry, and passenger transport, among others.

In this regard, we inform you that we are at your disposal following the measures adopted by the Extraordinary Council of Ministers on Sunday, March 29, regarding the Restriction of Movement for all persons who are not part of essential activities in the fight against COVID-19 that we are currently facing.

If you consider that your activity or service is of an essential nature and need to request our assistance, please complete the following form and send it to your contact person or to the following customer service address: consultas@finanzauto.es. This document explicitly states that your company is part of one of the categories providing essential services and activities exempt from the restrictions established by the Government, and that it requires our services under the terms you deem necessary.

We will continue contributing our bit to overcome this crisis as soon as possible and in the best way. Together we will overcome it, and together we will celebrate it in the company of our loved ones and friends.

Pierre-Nicola Fovini
CEO Finanzauto, S.A.U.

From Finanzauto and STET, we will distribute the Sandvik mobile crushing and screening line in Spain, Portugal, and Cape Verde.

Thanks to this new agreement with Sandvik, Finanzauto and STET expand our portfolio of products and after-sales services with industry-leading products in quarrying, mining, recycling, and public works machinery.

From Finanzauto and STET, we will distribute a wide range of Sandvik mobile crushers and screeners, in addition to offering rental solutions and a complete after-sales service. Customers will benefit from this new agreement for Spain, Portugal, and Cape Verde due to the extensive network that Finanzauto and STET provide, supported by a team of nearly 1,300 professionals across more than 30 bases and branches.

Sandvik is a global, high-tech engineering group with approximately 42,000 employees and sales in over 160 countries. Its main focus is on improving customer productivity, profitability, and business sustainability, perfectly aligning with the mission and vision of Finanzauto and STET.

Since 1930, Finanzauto, and since 1956, STET, have been providing services and solutions to our clients, and we have been official Caterpillar distributors for over 50 years. In 2018, we became part of TESYA, a group established in Southern Europe that offers integrated solutions and rental services across a wide range of industries, including quarries, mines, public works and infrastructure, road construction, demolition, terrestrial and marine power systems, and forestry operations.

This agreement, signed in June 2020, strengthens and expands the solid collaboration that Sandvik and the TESYA group have maintained in Italy since 2016. The Finanzauto and STET family welcomes the Sandvik mobile crushing and screening line.

View products

“We work together”

www.finanzauto.es

www.stet.pt

Do you want to learn about our Cat® 330 or 336 Excavator with Cat Grade 3D System?

Starting January 27, we will hold demonstrations in various areas of the peninsula, and you can ask for more information.

Of course, we will comply with all COVID-19 regulations and safety protocols and ensure that all necessary measures are in place so that the demonstrations are safe environments.

I want more information

Despite the challenges posed by the COVID-19 pandemic, the third edition of the Comunidad de Madrid Awards, organized by LA RAZÓN, took place on February 24. Sixteen companies were recognized in the presence of Ignacio Aguado, Vice President of the Community of Madrid; Andrés Navarro, CEO of LA RAZÓN; and Francisco Marhuenda, Director of LA RAZÓN.

Finanzauto was honored with the “Leadership in Heavy Machinery Distribution” award for its longstanding track record in the sector and for the work and effort the company has devoted to advancing society’s development and well-being.

We would like to thank LA RAZÓN, as the organizer of the awards, and the Community of Madrid for granting this prestigious recognition. We also extend our congratulations to the other awardees, including Universidad Pontificia Comillas, Mascarillas Béjar, Oximesa, Pladur®, Athlon Car Lease Spain, Construcciones Ruesma, Carrier España, among others, all of whom exemplify leadership in their respective industries.

Our CEO, Pierre-Nicola Fovini, accepted the award on behalf of the company. In his speech, he highlighted Finanzauto’s contribution over more than 90 years to the development and progress of Spain’s infrastructure and society, collaborating with key industries that have driven the nation’s growth.

María José Sáez, journalist and presenter from Antena 3, hosted the event and introduced Finanzauto as:

“The official distributor and after-sales service provider in Spain for the world’s largest heavy machinery and engine manufacturer. Thanks to this partnership, Finanzauto has grown since its founding in 1930 to establish an extensive network of offices and branches across Spain.”

She also emphasized that:

“Finanzauto is a multi-specialist company with a prominent role as a systems integrator across multiple industrial sectors, providing service throughout Spain.”

Receiving such an award in these challenging times is a testament to the company’s resilience and commitment.

Adicionalmente resaltó que “Finanzauto es una empresa multi-especialista con un destacado rol como integradores de sistemas en múltiples sectores de la industria con servicio en toda España.”

En un momento tan complicado como el que vivimos, tiene mucho mérito poder recibir un premio de esta categoría.

Message from our CEO, Pierre-Nicola Fovini

In his closing remarks, our CEO stated:

“I would like to highlight that this award is the result of the dedication and tenacity of nearly 1,000 people who work at Finanzauto every day with a clear goal and motivation: to continue contributing to the progress of Spanish society, and particularly that of the Madrid region.”

We would like to once again thank LA RAZÓN and the Community of Madrid for this recognition, and we look forward to participating in the 2022 edition of the awards.

For further information, the article in LA RAZÓN can be found here:

https://www.larazon.es/economia/20210225/u6wbdy6ipvbubdslg47ujijtb4.html

Greater efficiency and comfort, and they reduce operating and maintenance costs.

The two new next-generation Cat® M314 and M318 Wheeled Excavators offer multiple design upgrades that increase machine efficiency and reduce long-term operating costs. Advanced hydraulic systems power attachments more efficiently, including Cat tiltrotators, to enhance machine versatility on the job site.

Both next-generation wheeled excavators are powered by the fuel-efficient Cat C4.4 engine, which now meets the strict EU Stage V, US EPA Tier 4 Final, and Korea Tier 4 Final emission standards. Both models deliver high power while enabling up to 5% fuel savings. The larger fuel tank on the M314 extends working time between refuels.

From earth to asphalt, these versatile excavators are designed to quickly tackle a wide variety of projects. The M314 and M318, with up to 15% higher swing torque than the F Series, allow operators to complete tasks faster and move on to the next. With travel speeds exceeding 34 km/h (21 mph), they efficiently move from one job to another.

The versatile next-generation Cat® M316 wheeled excavator delivers improved performance while reducing operating and maintenance costs.

The new next-generation Cat® Wheeled Excavator features an advanced hydraulic system that provides the optimal balance between power and efficiency, delivering the control needed for precision work requirements. The M316 operates faster with up to 14% more swing torque, while auxiliary hydraulic options provide the power and versatility required to effectively use a wide range of Cat attachments. Its exclusive swing pump delivers consistent power to enhance multitasking capabilities.

This versatile new wheeled excavator, capable of quickly tackling a wide range of projects—from auxiliary tasks to general trenching and excavation—efficiently completes tasks on both soil and asphalt surfaces. Its high travel speed, reaching up to 35 km/h (21.7 mph), allows the M316 to move quickly between job sites, maximizing working time.

The Cat C4.4 engine enables the new M316 wheeled excavator to efficiently complete tasks in diverse markets, with the ability to operate at ambient temperatures up to 52 °C (125 °F) and start at low temperatures down to -18 °C (0 °F). The high-efficiency 110 kW (148 hp) engine meets stringent emissions standards: U.S. EPA Tier 4 Final, EU Stage V, and Korea Tier 4 Final.

Work comfortably in a more productive way

The M314, M316, and M318 come standard with the new next-generation cab of larger size, which allows operators to get on and off the machine more easily and provides greater comfort and productivity. Thanks to the low-profile engine hood design, the large front, rear, and side windows, and the small cab pillars, visibility of the trench and around the machine is improved, which increases operational safety. The standard rear and side-view cameras further enhance visibility. Advanced elastic mounts reduce cab vibrations, which decreases operator fatigue, and the easily accessible controls help provide greater comfort.

Customers have the option to choose between two cab designs: Deluxe or Premium. The Deluxe cab offers a heated seat with adjustable air suspension, while the Premium cab features a heated and cooled seat that adjusts automatically. Thanks to the ample storage space under and behind the seat, in the upper compartments, and in the consoles, operators have plenty of room to store personal items.

The excavators are started via the cab push button or remotely using a Bluetooth® key fob or the exclusive Operator ID function. The large 240 mm (10 in) touchscreen monitor and short-stroke dial control allow the machine controls to be operated with total ease and flexibility. Operators can program the power mode and joystick settings according to their preferences so that the excavator remembers each operator’s settings upon startup.

With the unique ID, operators can program the power mode and joystick configuration according to their preferences, and the excavator remembers each operator’s settings at startup. The automatic axle lock detects when the service brake needs to be locked or unlocked and releases it automatically when the travel pedal is pressed, reducing the number of actions the operator needs to perform.

The available PRODUCT LINK™ technology increases efficiency.

The new Cat Wheel Excavators M314, M316, and M318 are equipped with standard Product Link™ technology, which provides information on the location, operating hours, fuel consumption, downtime, diagnostic codes, and other machine data.

Reduced maintenance requirements

The longer-life filters on the Next Generation Cat® M314, M316, and M318 Wheeled Excavators offer up to 10% savings in maintenance parts. All fuel filters feature a synchronized 1,000-hour service interval, which doubles the filter’s lifespan. The new hydraulic oil filter enhances filtration and extends the change interval by 50%, setting it at 3,000 operating hours to reduce maintenance requirements. The machine’s new two-stage fuel filtration system provides better protection for diesel fuel cleanliness. The integrated touchscreen monitor in the cab now allows operators to conveniently track maintenance intervals and filter life, maximizing uptime.

The ground-level disconnect switch allows fuel flow to the engine to be cut off and the machine to be shut down, improving safety during maintenance tasks.

Service technicians can quickly check all daily maintenance points from ground level, including engine oil. Cat S∙O∙S SM ports are also conveniently accessible at ground level for taking fluid samples, simplifying maintenance. The perforated, non-slip steps provide safe access to the upper service platform and help prevent slipping.

Specifications of the M314, M316, and M318 Excavators

*The net power indicated is the power available at the flywheel when the engine is equipped with a fan running at minimum speed, air intake system, exhaust system, and alternator.

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The Mayor of Arganda del Rey, Guillermo Hita, accompanied by Irenio Vara, Councilor for Employment and Industry, visited Finanzauto’s new headquarters this morning.

Pierre-Nicola Fovini, CEO of Finanzauto, along with Carlos Morales, Planning Director, and José Ignacio Gil, Facility Manager, welcomed the visitors. During the visit, Pierre-Nicola Fovini received a commemorative plaque from the Mayor in recognition of the company’s 54 years of presence in the municipality.

The investment in the new offices exceeded 7 million euros, demonstrating the company’s and Grupo TESYA’s commitment to innovation, business development, and people.

During the tour, Finanzauto presented the project, which included not only the renovation of the building’s finishes and coverings, but also the enhancement of the physical space and layout of the floors. The new headquarters reflects a strong commitment to renewable energy, featuring a photovoltaic solar installation and a centralized climate control system for both heating and cooling, using geothermal heat pumps. This solution eliminates gas consumption and significantly reduces the building’s electricity usage.

Following this renovation, the company is already planning future expansions, clearly supporting the “Made in Spain” brand and contributing to the development of Arganda del Rey and the local community.

Finanzauto thanks the Mayor and Councilor for visiting the facilities and for recognizing the company’s work over all these years.

Finanzauto becomes a supplier of recycling and sustainability equipment, representing the manufacturer Pronar in Spain.

Pronar is a Polish brand with an international presence that offers a wide range of solutions for the recycling sector, addressing the growing needs of today’s society, ensuring sustainability, and supporting its customers in complying with European regulations.

Its portfolio of solutions includes machines for agricultural, forestry, recycling, and construction applications.

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Getting to Know Pronar Equipment in Depth

The Pronar equipment line is manufactured using the latest market technology and offers a complete range of drum screens on wheels, mobile shredding/waste destruction units, stackers and mobile conveyors, as well as compost turners.

Pronar equipment stands out for its robustness, quality, and competitive pricing, while ensuring high durability and reliability.

Mobile Drum Screens

Mobile screens are ideal for working with a variety of materials: soil, compost, municipal waste, coal, aggregates, and biomass.

The screening drum can be manufactured according to the client’s requirements, and its large access panels allow for quick and efficient access to the engine.

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Low-Speed Mobile Shredders

Pronar’s low-speed mobile shredders are designed for processing all types of materials: municipal and construction waste, pallets, rubble, wood, green waste, shrubs, roots, and bulky materials.

These machines are mobile, allowing them to be quickly transported to any location, which greatly expands their range of applications.

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High-speed mobile shredders

These shredders are designed for compost preparation and for shredding wood and green waste at high speed to increase productivity and efficiency.

The working shaft can be configured with different types of blades. In this way, they serve as an excellent complement to the recycling line.

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Compost turners are used to optimize the biological decomposition parameters of compost in piles.

To accelerate this process, the material from the lower layers is aerated, and excess heat is released, allowing water to evaporate or moistening the material as needed.

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Hydraulic channel presses

Hydraulic presses are machines dedicated to waste management that compress recyclable materials such as paper, cardboard, and plastic into dense, manageable bales.

These types of hydraulic presses are mainly used in commercial and industrial sectors, but also by companies that generate such waste in their daily operations and want to dispose of it in a more sustainable way.

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Mobile stacking conveyors

Mobile stacking conveyors can be part of the raw material processing line or can be fed directly by a wheel loader or an excavator.

They can be ready to operate in a very short time. Additionally, their use helps save costs due to low fuel consumption and operation without the need for extensive maintenance.

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Technical Support and After-Sales Service

The robustness and quality of Pronar machines form the perfect tandem with the excellent after-sales service provided by Finanzauto, which offers technical support for all Pronar equipment.

Today, Minister of Defense Margarita Robles visited Finanzauto’s facilities in connection with the urgent shipment of generators donated by Repsol and Finanzauto.

Our CEO, Pierre-Nicola Fovini, welcomed the Minister of Defense and Antonio Brufau, President of Repsol, at our headquarters in Arganda del Rey to align efforts and coordinate this donation.

Repsol had purchased a generator to be delivered to the Ministry of Defense in response to the conflict in Ukraine. In addition to the generator donated by Repsol, Finanzauto contributed another generator along with four spare parts kits to support ongoing maintenance. As Fovini noted during the meeting:

“We live in a moment where we cannot remain indifferent.”

During the visit, the Minister supervised the preparations for shipping the generators, one rated at 660 kVA and the other at 110 kVA. The equipment is scheduled to be transported starting Thursday, December 15, to Odessa and other Ukrainian cities, addressing the urgent requests from Ukrainian authorities and alleviating electricity shortages ahead of the holiday season.

Finally, the Minister emphasized the importance of such initiatives:

“The Ministry of Defense and these leading companies aim to respond quickly and effectively to Ukraine’s most urgent needs, providing all available humanitarian aid to help the country face the winter, particularly in orphanages, schools, hospitals, and care homes.”

ANMOPYC, together with Finanzauto and other companies in the sector, conducted a study analyzing the current aging of construction machinery in Spain and its associated consequences.

The study identified the need for collective action among all stakeholders to carry out a comprehensive renewal and modernization of Spain’s construction equipment fleets.

Current Status of Construction Machinery Fleets

Construction projects utilize a wide variety of machines and equipment, from small tools like jackhammers to large machines such as excavators. The majority of this machinery consists of mobile machines powered by internal combustion engines, including earthmoving, compaction, drilling and foundation works, concrete transport and distribution, material handling, and power generation.

Currently, Spain’s mobile construction machinery fleet is estimated at around 70,000 units, although this figure may be underestimated due to the absence of an official national registry.

A recent study by ANMOPYC, analyzing over 66,000 self-propelled machines, concluded that 79.1% of these machines are over 10 years old, with an average age of 18.5 years.

This highlights the technological obsolescence of the current fleet, as new technologies can only be implemented on modern machines, primarily those manufactured from 2012 onward.

Emissions of Pollutants

Non-road mobile machinery emissions have been regulated in the EU since 1999 under Directive 97/68/EC, covering CO, total hydrocarbons (THC), NOx, and particulate matter (PM). Subsequent amendments introduced stricter emission stages, culminating in Stage V, adopted in 2019 through Regulation (EU) 2016/1628.

Modern construction machines are now among the cleanest in the world, reducing NOx emissions by 96% and particulate emissions by 98% compared to Stage I machines from 1999.

Manufacturers have invested heavily in R&D over the past 25 years to integrate aftertreatment technologies such as EGR (exhaust gas recirculation), SCR (selective catalytic reduction), DOC (diesel oxidation catalyst), and particulate filters.

Paradoxically, current regulations do not restrict the use of older, highly polluting machines on construction sites, creating unequal competition between clean and outdated machines.

For example, a 2022 machine produces 20 times less pollution than a 2010 machine, and 46 times less than a 1999 machine. Currently, 24% of the fleet (15,858 units) predates 1999 and is responsible for roughly 37% of NOx and 46% of particulate emissions. Machines over 10 years old (79.1% of the fleet) account for 96% of NOx and 98% of PM emissions.

A typical 25-ton excavator with a Stage V engine (147 kW) manufactured in 2021 emits 85% less NOx and 93% fewer particulates than an equivalent 2010 Stage IIIA machine.

Fuel Savings

Each new generation of construction machinery is more sustainable than its predecessor, and over the past decade, these generational improvements have been occurring at an accelerated pace. Technological advances have allowed manufacturers to optimize the design of their machines, providing better performance, higher productivity and efficiency, as well as lower fuel consumption.

Fuel consumption represents a significant portion of the total hourly cost of a construction machine, highlighting the importance of energy efficiency in the machinery used for construction and civil engineering projects.

The incorporation of more efficient, next-generation engines, electronic power management systems, and anti-slip systems in modern machines allows them to achieve optimal efficiency in every working situation, resulting in fuel savings and reduced operating costs.

Broadly speaking, thanks to this increased efficiency, fuel consumption in construction machines manufactured in 2021 has been reduced by approximately 15% compared to machines manufactured in 2010, with a particularly notable impact for public works machinery. This savings percentage refers to an average value calculated for all machines manufactured in those two periods, so the actual savings for a specific type of machine will vary depending on its characteristics (type, size, power, etc.).

In addition to this greater efficiency, it is also important to consider that, thanks to the new technologies implemented in the machines and longer maintenance intervals, a machine manufactured in 2021 can be estimated to have 10% higher productivity compared to its equivalent model from 2010. Therefore, the real fuel savings will be even greater than what would be suggested by average fuel consumption alone.

To illustrate this fuel savings with a specific example, consider two 68 kW backhoe loaders: the first manufactured in 2010 with an average consumption of 5.8 L/h, and the second, more efficient, manufactured in 2021, with an average consumption of 4.9 L/h. While the 2010 backhoe loader would need to operate 1,500 hours per year to complete a given production, the 2021 backhoe loader, taking its higher productivity into account, would only need 1,350 hours.

If we only consider the difference in fuel consumption, the 2021 machine would save 1,350 liters of fuel. Additionally, when factoring in the higher productivity of the 2021 machine, the annual fuel savings would amount to 2,085 liters, which represents a 24% reduction in fuel consumption.

According to the study conducted by ANMOPYC, taking into account the average fuel consumption and estimated productivity improvements for mobile machinery based on their manufacturing year, replacing all machines manufactured between 1999 and 2010 in company fleets (36,348 units) with new, more efficient equipment would result in a positive global impact for the construction sector, saving 51 million liters of fuel annually for small machines and 173 million liters for large machines.

For machines manufactured before 1999 (15,858 units), replacing them with new units would yield a total annual fuel saving of 20 million liters for small machines and 109 million liters for large machines.

Therefore, these significant fuel-saving figures highlight the need to implement a Machinery Renewal Plan for construction equipment — not only to equip construction sites with cleaner machines, but also with equipment that offers greater efficiency and lower fuel consumption.

CO2 Emissions Reduction

CO₂ emissions from the use of construction machinery represent only a small fraction of the total CO₂ emissions generated by construction activity. It is estimated that construction machinery contributes just 0.5% to the total greenhouse gas emissions within the EU-27. (Source: CECE Position Paper – The role of construction equipment in decarbonising Europe).

However, the machinery sector can also play its part in reducing carbon emissions from construction and civil engineering projects. The significant fuel savings achieved by modern mobile equipment translate directly into a major reduction in CO₂ emissions.

Assuming that each litre of diesel consumed produces on average 2.64 kg of CO₂, replacing all machines manufactured before 1999 (15,858 units) with new equipment would reduce annual carbon emissions by approximately 340,560 tonnes of CO₂. Likewise, replacing all machines currently in operation that were manufactured between 1999 and 2010 (36,348 units) would achieve an annual reduction of around 591,360 tonnes of CO₂.

The Challenge of Zero Emissions

To achieve net zero carbon emissions, although technology with the potential to make this possible already exists, there is still a long way to go before its practical implementation in the construction machinery sector due to the numerous challenges that must be addressed.

In the case of electrification, the main challenge would be the size required for the battery. The energy density of currently available batteries is much lower than that of hydrocarbon fuels (for example, a modern Li-Ion battery has an energy density about twenty times lower). This generally limits the feasibility of this technology to compact machines.

Another challenge is the availability and charging time required. Construction machines are typically used in workplaces where an electricity supply is not available, making it impossible for heavy machines to operate directly or to recharge their batteries quickly, especially when several machines are operating simultaneously. The current time required to recharge batteries also affects the machines’ uptime and, consequently, their operational efficiency.

In the case of hydrogen, the main challenges to be solved include hydrogen supply infrastructure and storage. To implement this technology, it will be necessary to have a considerable production capacity for green hydrogen and to develop distribution networks. In addition, green hydrogen production processes still need further industrial development to become cost-effective. Furthermore, as with electricity, it is not practical to transport a machine to a vehicle refueling facility; therefore, hydrogen would have to be supplied at the worksite where the machine operates.

Regarding storage, hydrogen refueling can be achieved in a time comparable to filling a diesel tank. However, gaseous hydrogen tanks generally operate at 350–700 bar, which requires additional safety measures and a fuel tank with approximately eight times the storage volume to contain the same amount of energy as diesel.

Biofuels and synthetic fuels offer a good opportunity to decarbonize the existing machinery fleet, as this technology could be implemented more quickly by using the existing fuel storage and distribution infrastructure. However, in the case of biofuels, to ensure sustainability, production would need to come from waste and biomass residues and/or from the cultivation of specific energy crops. In the case of synthetic fuels, the challenge lies in improving the development of production processes so that they become economically viable.

Manufacturers are committed to reducing carbon emissions, investing in the development of new electrified and hydrogen-powered machines. However, although electric equipment is beginning to appear on the market alongside clean diesel-powered machines, their number and variety are still very limited, both technically and economically, being confined to equipment below 15–20 tons primarily for use in urban environments. For machines above these weight ranges, the cost of electric equipment would increase up to ten times compared to their diesel equivalents. Therefore, work is currently underway on hydrogen-powered machines, although still in an experimental phase.

Consequently, at present, it would not be feasible to propose a renewal plan that applies exclusively to the replacement or upgrading of existing mobile construction machinery with equipment using alternative fuels such as hydrogen or electricity. It would be more appropriate to design a renewal plan focused on replacing older, more polluting machines with new, more fuel-efficient units, and therefore with lower carbon emissions.

Conclusions

To support future construction projects, Spain requires a national plan to renew and modernize its mobile construction machinery fleet.

Such a plan should include financial incentives or subsidies to replace old machines with technologically advanced, clean, energy-efficient, and safe models, as is already being implemented in other industrial sectors and countries.