What is "citec"

Citec is a Finnish corporation providing multi-discipline engineering and information management services for power, civil, rail vehicles, process, oil & gas, ICT and health care industries. Citec also offers a wide range of services and solutions related to information lifecycle management. Founded in 1984, Citec consisted of two companies, Citec Engineering and Citec Information. In 2012 the two companies merged to form Citec Group. As of 2012 Citec has about 1100 employees and the turnover was approximately 66 million euro. The company is headquartered in Vaasa, Finland, and has offices in Finland, Sweden, Norway, France, Russia, Germany, the UK, India and Singapore. In 2011 Sentica Partners acquired a majority stake in Citec.