Indra is the premier Information Technology company in Spain and a leading IT multinational in Europe and Latin America. It is ranked as the second European company in its sector according to stock market capitalisation, and also the second Spanish company with the most investment in R&D. In 2008, revenues reached € 2,380 M, of which a third came from the international market. The company employs more than 29,000 professionals and has clients in more than 100 countries.

The origins of Indra’s activities date back to 1921, when the first of the companies that would eventually – and after various modifications in the corporate and equity structure - give rise in 1993 to the configuration of what is now Indra was constituted in the town of Aranjuez, in Madrid.

This year Indra encompassed the businesses of an important group of companies from both the public and the private sectors that together constituted a large part of the traditional Spanish offer in the field of Information Technologies. It was at this time that the definition of the current business project began.

Between 1996 and 1999, Indra focused on driving its process of consolidation and growth. Throughout this period the Company strengthened its position of leadership on the Spanish market, while achieving an impressive international presence, achieving highly favourable levels of profitability comparable to those of other international companies in the sector, this culminating with its appearance on the Stock Market in March, 1999.

During the period 2000-2005, Indra experienced strong growth above the sector average, thanks to a differential business model and a greater presence on the international markets supported by the creation of subsidiaries in countries such as the United States, China, Portugal and Brazil, among others.

In 2006 Indra purchases successfully Azertia and Soluziona bussines.

Azertia was created in 2001, as an Information Technologies subsidiary of Corporación IBV (half owned by Iberdrola and BBVA) as a result of the integration of Centrisa, Keon and Teleinformática. Afterwards, Azertia became a larger company with the integration of KRISTINA and SEINTEX, Euroquality, Socintec and Dimensión Informática.

The beginnings of Soluziona date back to 80’s, when Union Fenosa created a series of professional services companies with the aim of using the company’s knowledge and expertise. In 2000, this group of companies is constituted as Soluziona, a company that brings 20 years of experience in National and international markets, deep know-how in the Utilities and Telecommunications sectors as well as in other business areas.

In 2007, we created Indra BMB, a new company of 100% parent capital, which brings together all the BPO activities of the ex-BMB (acquired in march 2007), Indra, Azertia and Soluziona. Indra is the indisputable leader of BPO activity in the financial sector, with mortgage processing and back office banking services.