THE SILENT ENGINE OF OUR ECONOMY 

At Finanzauto, we firmly believe in the strategic role of Spain's industrial sector as a driving force for growth, innovation and stability. To gain a deeper understanding of its current situation and how it is perceived by society, we commissioned the "The Industrial Sector in Spain" study in collaboration with consultancy firm GAD3.

This analysis provides a comprehensive overview of the importance of the industrial sector, offering context, assessing public awareness of the sector and evaluating its impact on the country's economic development.

Key findings from the Study:

 It accounts for 16% of Spain's GDP

70% of Spain's exports come from the industrial sector 

Accounts for 45% of private investment in R&D

Generates nearly 3 million direct jobs

 

Discover the full study here

Spanish Industry: An Essential but Under-the-Radar Economic Pillar

The study reveals that Spanish industry accounts for 16% of GDP, represents 45% of private investment in R&D and generates nearly three million direct jobs, with salaries 18% higher than the national average.

In addition, 70% of Spanish exports originate from the industrial sector, reinforcing its key role in the country's trade balance and competitiveness. From the automotive and chemical industries to the agri-food sector, industry drives innovation and sustainability across the productive sector. 

Stable Employement, Innovation and Technological Transformation

The study highlights that nine out of ten industrial jobs are permanent, and that more than half of workers have technical or university-level qualifications. This level of expertise makes the sector a benchmark for stable, specialised and well-paid empolyement.

Industry also accounts for almost half of private investment in innovation, with one third dedicated to sustainability and energy transition projects, placing the sector at the heart of Spain's technological and climate transformation.

The Challenge of Generational Renewal in Industry

One of the major challenges identified in the report is generational renewal. Currently, only 12% of students choose industrial vocational training, which could leave more than 100,000 positions unfilled.

This situation is compounded by the need to break stereotypes: many young people still associate industry with tough or male-dominated environments, far removed from the reality of a sector that is increasingly digitalised, automated and sustainable. 

Public Perception of Spain's Industrial Sector

Although most citizens recognise the importance of industry, four of ten Spaniards say the are not informed about policies supporting the sector.

Almost half of respondents preceive that the industrial sector has modernised over the past decade, paticularly among younger people and those with higher education. However, there is still a visibility gap that limits public recognition of the sector.

The Gap with Europe and the Need for Reindustrialisation

The comparative analysis with Europe shows that public spending on industry in Spain (0.4% of GDP) is half that of countries such as Germany (0.8%). In addition, the share of industry in Spain's economy (16%) remains below the European average (20.5%).

These figutes highlight significant room for improvement and the need for a more ambitious industrial policy to strengthen the country's strategic autonomy and competitiveness.

It is no coincidence that eight out of ten Spaniards are calling for reindustrialisation: an opportunity to strengthen innovation, sustainability and quality employement in Spain. 

At Finanzauto, Committed to the Future of Spanish Industry

At Finanzauto we have been supporting Spanish industry for more than 90 years, helping it navigate its challenges, embrace innovation and drive transformation. By conducting this study in collaboration with GAD3, we reaffirm our commitment to the industrial sector, which we consider essential to the country's economic technological and social development.

We will cointinue working to raise awareness of the key role played by industry and, together with companies, institutions and professionals, help build a more industrial, more innovative and more sustainable Spain.

Discover the full study here

The Third Vice President and Regional Minister for the Environment, Infrastructure, Territory and Recovery, Vicente Martínez Mus, accompanied by Antonio Galvañ Díez, Regional Secretary for Employment and Director General of LABORA (under the First Vice Presidency), paid an institutional visit today to Finanzauto’s facility in Chiva (Valencia). During the meeting, representatives of the Valencian Government and the company’s management team discussed potential areas of collaboration to strengthen the region’s resilience, ensuring the availability of heavy machinery while advancing the technical training of new operators. These needs have taken on unprecedented urgency following the 2024 DANA.

The visit highlighted the critical importance of the heavy machinery sector, not only as a driving force behind public works and construction, but also as a vital productive resource for industry, logistics and, above all, emergency management. In this regard, Vicente Martínez Mus stressed that “a region’s ability to respond largely depends on having the right machinery, in good working condition and operated by qualified personnel.” The Regional Minister highlighted Finanzauto as a strategic partner, stating that “we need companies that can respond quickly and adapt to changing circumstances. Collaboration between public authorities and the private sector is key to moving forward and restarting our economic activity.”

Boosting the Sector and the Proposal for a Machinery Renewal Plan

This meeting would not have been possible without the sector’s close involvement and active support. For this reason, the event was attended by the Valencian Association of Machinery, Construction and Public Works Companies (Avemcop), represented by its President, Felipe Ferrer, and Vice President, Paco Cerdá, whose work is essential to driving and coordinating these joint initiatives.

During the working meeting, the Generalitat Valenciana, the employers’ association and Finanzauto agreed on two major structural challenges currently limiting operational capacity: the need to maintain a properly sized and modern machinery fleet, and the pressing shortage of specialised operators due to the lack of generational renewal.

To address the current state of the machinery fleet, the need to launch a Renove Plan was discussed during the event. In this area, Finanzauto plays a key role in ensuring that Spanish companies can access the most advanced technologies and processes, thereby improving their production cycles. Among the initiatives promoted by the company is the proposal for a national Machinery Renewal Plan to equip Spain with the latest technologies, an essential measure to ensure the successful delivery of future public works projects.

Innovation in the Face of the Talent Shortage: Training Through Advanced Simulation

To address the talent challenge, Finanzauto presented its Operator Training School to the regional representatives, a comprehensive training programme designed to bring professional training closer to the sector. At the heart of this programme is the Training Box, an advanced simulation system that the authorities had the opportunity to experience first-hand. Equipped with high-immersion simulators, the system faithfully replicates real-life working situations, allowing users to simulate up to 10 different types of equipment, from crawler excavators and articulated dump trucks to motor graders and wheel loaders. Its modular design provides a completely safe training environment, significantly reducing learning times: what would require months of training on a real machine can be achieved with the Training Box in training cycles of between 8 and 20 hours.

In this regard, Antonio Galvañ stressed the strategic importance of creating employment opportunities linked to these technical profiles: “We need quality jobs and skilled professionals for sectors with sustained, genuine demand. Heavy machinery requires specialised skills, which is why training is essential.” The Director General of LABORA spoke highly of Finanzauto’s comprehensive Operator Training School solution, viewing it as a concrete, effective and safe response to accelerating the integration of new professionals into the workforce, thereby investing in the competitiveness of Valencia’s industrial sector.

For his part, César Fresneda, Director of Finanzauto’s Eastern Region, reaffirmed the company’s commitment to playing a key role in the recovery process: “For us, working closely with the Generalitat Valenciana at this crucial time is an absolute priority. Reconstruction requires not only the best technology and machinery, but also qualified professionals who can operate it safely and efficiently. With comprehensive solutions such as our Operator Training School, Finanzauto is reaffirming its long-standing commitment to Valencia’s industrial sector, providing innovative solutions that create quality employment and accelerate the region’s recovery.”

At Finanzauto, we are proud to celebrate an achievement that inspires us to keep growing: we have been certified as a Top Employer 2026 for the second consecutive year, while also improving our score compared to last year. This milestone confirms something that is at the heart of who we are: people are at the centre of everything we do.

Recognition That Validates the Way We Work

The Top Employer certification is more than just a badge. It is the result of an international assessment that evaluates more than 250 HR practices and audits how they are implemented in practice. Successfully completing this process demonstrates that our culture is not simply designed, but lived every day.

Well-being, Development and Active Listening

Finanzauto’s progress in this year’s assessment reflects a firm commitment to what matters most: the well-being and growth of everyone who is part of our company.

Our key pillars:

• Developing human potential: spaces and tools to support both professional and personal growth.
• Work-life balance: initiatives that promote a healthier and more sustainable lifestyle.
• Diversity and inclusion: an environment where every voice matters and every perspective drives innovation.
• Transparent communication: open channels that strengthen trust and collaboration.

Building the Future Together

Being a Top Employer 2026 positions us as a benchmark in the industrial sector and as a workplace where people can grow, contribute and feel part of a strong and solid project. But above all, this recognition is a thank-you to every person at Finanzauto. Their commitment, talent and energy every day are the real reason why we are celebrating this achievement today.

We continue moving forward, together, towards a culture that is increasingly people-centred, stronger and more inspiring.

In a recent appearance on Radio Intereconomía’s Cierre de Mercados, hosted by Javier García Viviani, our Marketing Director, Francisco Martos, discussed the key challenges set to shape the industry’s roadmap in 2026.

These insights are based on data from the Study on Industry in Spain, an in-depth analysis conducted by Finanzauto in collaboration with consultancy firm GAD3, highlighting the industry’s vital role in driving our economy.

Watch the interview in the video below:

A Closer Look at Industry: Driving Economic Growth and Quality Jobs

During the interview, our Marketing Director highlighted that the industrial sector is not simply another part of the economic engine, but one of its main driving forces: it accounts for 16% of national GDP, leads the country’s exports and creates high-quality, stable and specialised jobs.

However, to maintain and strengthen this position, the sector must overcome structural barriers that could impact its future growth.

The Pillars of Change: Talent, Investment, Sustainability and Public Perception

During his appearance, Francisco Martos identified some of the key areas that the industry needs to address as a matter of urgency to ensure its continued development.

The shortage of qualified professionals is undoubtedly one of the most significant challenges. In this regard, Francisco Martos highlighted training as an essential tool for closing this gap. He also highlighted the Finanzauto Operator Training School, a pioneering initiative that trains machinery operators using state-of-the-art simulators, helping to promote the industrial sector as a more professionalised environment and, above all, an attractive career path for young people.

Another key factor in strengthening our competitiveness is a focus on technological innovation and energy efficiency, which are essential to modernising and upgrading our processes and resources.

The sector must also remain committed to protecting the environment and pursue its development hand in hand with sustainability. However, this transition must be achievable and realistic, adapted to the current state of our infrastructure and available resources.

Finally, the interview highlighted the public image of our industry. Our study on the industrial sector reveals a public perception associated with “tough and unattractive” working environments. The challenge lies in communicating the reality of a modern, digitalised industry that is essential to social well-being.

Ultimately, this interview reflects our commitment to providing clarity on the sector’s roadmap. Through the data collected, we aim to contribute to the efforts of the industry as a whole, leveraging our position to help provide the resources needed to tackle these challenges together.

For more than two decades, Finanzauto and Stadler have worked closely together on the development and integration of diesel and bimodal propulsion solutions that today run on the major rail networks of Europe and other countries around the world. A technological alliance that has driven innovation in the rail sector and positioned both companies as benchmarks in efficiency, reliability, and sustainability.

20 Years of Collaboration and Joint Innovation

The relationship between Finanzauto and Stadler began in 2004, with the supply of 160 Cat® 3508 Engines for the French state-owned railway company (SNCF).

Since then, both companies have worked together on multiple platforms, evolving towards bimodal technologies and latest-generation engines that meet the most demanding environmental standards on the market (Stage V).

Key models developed in collaboration include:

EURO4001 – Pure diesel locomotive, primarily intended for freight transport.

EURODUAL – Bimodal platform powered by a Cat C175 Engine, capable of operating in both electric and diesel modes. Present in countries such as Germany, Austria, Türkiye, France and Scandinavia.

EURO9001 – Stadler’s latest development, featuring two Cat C32 Engines, delivering up to 9 MW in electric mode and 2 MW in diesel mode, providing exceptional flexibility across European corridors.

EUROLIGHT – Locomotives for mixed traffic (freight and passenger) with diesel and bimodal versions equipped with Cat Engines. Finanzauto has adapted the engines to meet emissions requirements and facilitate maintenance.

Locomotives in Finland – Locomotives powered by Cat C32 Engines delivering 950 kW, designed to operate in extreme cold conditions (-40 °C) and on tracks with reduced loading gauges. Finanzauto developed compact and robust aftertreatment solutions adapted to the Nordic environment.

KiwiRail (New Zealand) – Freight locomotives powered by Cat C175 Engines, adapted to narrow loading-gauge tunnels and demanding operating conditions. Finanzauto collaborated on the redesign of the aftertreatment system, installing it inside the diesel compartment in record time while optimising space, weight and efficiency.

More Than a Distributor: Engineering, Integration and Global Support

Finanzauto’s role goes far beyond engine supply.

As the official Caterpillar distributor in Spain, Finanzauto provides comprehensive engineering and integration services, actively participating in the development, validation and after-sales support of each railway project.

This includes everything from adapting engines to reduced loading gauges and designing specific aftertreatment systems, to optimising solutions for extreme climates, such as the -40 °C conditions encountered in Nordic projects.

In addition, Caterpillar’s global coverage provides Stadler with international after-sales support, ensuring the availability of parts and technical assistance in any country where the locomotive operates.

“The relationship between Stadler and Finanzauto dates back more than 20 years. Finanzauto not only distributes Caterpillar engines, but also participates throughout the development, integration and validation process. Their responsiveness, technical support and ongoing collaboration are key to the success of our locomotives.”
— David Blanco Rodríguez, Head of Mechanical Systems at Stadler Valencia

Looking to the Future

Finanzauto continues to support Stadler in the development of new sustainable and efficient railway platforms, integrating engines to meet the most demanding requirements.

A collaboration that demonstrates how engineering, innovation and mutual trust can bring the most complex powertrain projects to life.

Don’t miss the full feature on the relationship between Finanzauto and Stadler and discover all the details of these two decades of excellence and continuous improvement:

Descubre el poder de lo invisible en el vídeo de Navidad de Finanzauto de este año.

Lo Invisible envuelve nuestras ilusiones, enciende nuestras alegrías y nos arroja luz cuando más lo necesitamos. Lo invisible hace posible la Navidad. 

EL PODER DE LO INVISIBLE, EL PODER DE LA INDUSTRIA 

El vídeo de este año es una concsecuencia de las conclusiones que hemos sacado en nuestro estudio sobre la Industria en España, realizado junto a GAD3. El estudio confirma su relevancia como motor económico, generador de empleo y base de las exportaciones, aunque su visibilidad social y mediática no refleja su verdadero peso.

En Finanzauto buscamos poner en valor esta actividad, recordando que detrás de nuestro día a día hay trabajo, conocimiento y una cadena que opera de forma constante, incluso cuando no se ve

Conclusiones Relevantes del Estudio:

Descarga aquí el Estudio completo

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.

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“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