Ficosa, short for Ficosa International S.A., is a Spanish multinational corporation, devoted to the research, development, production of systems and parts for the automotive industry. Founded in 1949 and headquartered in Barcelona, it has production centres, engineering centres and commercial offices in 19 countries in Europe, North America, South America and Asia, with 6,700 employees (2010). Revenue was €900 million in 2008, with 80% coming from international sales. Ficosa was started in Barcelona in 1949 when Josep Maria Pujol and Josep Maria Tarragó founded Pujol y Tarragó S.L., a small workshop which produced mechanical cables for the after-sales market. The company grew and opened an office in Portugal in 1970. After 1985, when Spain joined the EU, Ficosa started a strong international expansion. Ficosa expanded to USA and Mexico in 1995, and to Brazil and Argentina in 1997. In 1998 it was established in India, through a joint venture with the Tata Group. In 2001 Ficosa purchased the mirror division of Magneti Marelli. More information...
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