Tenova operates in the iron&steel and mining industries.

The crisis that so abruptly hit the world economy has brought profound changes in every industrial markets.

Monthly crude steel production, after the collapse in the second half of 2008, in March 2010 reached the peak registered in May 2008, 122Mt, and in May 2010 this value has been exceeded. However not all the geographical areas have recovered in the same way. In particular Asia (Japan excluded) in April 2010 produced 71Mt, 20% more than the pre-crisis period, while EU27, NAFTA and Japan are still below the peak.

In the mining business the situation is different; the recovery is expected to be faster than in the Iron & Steel because this industry doesn't suffer overcapacity and again Asian countries are driving the recovery but also geological constraints (declining ore grades, increasing strip ratios, and increase in average impurity content).

Notwithstanding the fact that both industries didn’t yet exit this extremely negative market situation, Tenova generated €884M revenues in 09/10 fiscal year and in 10/11 fiscal year, is expected to exceed €1.000M revenues.

Tenova, thanks to its leading position in many key technologies and to its widespread presence in the world, is successfully facing the challenges deriving from the new market situation.

People are the key to success and growth at Tenova. Qualified engineers and technicians are the backbone of a network of companies active in five continents, always at the customer's side to provide technological support of the highest caliber in real time.

Outstanding technical and management expertise in every area of activity, a strong focus on the customer, a passion for innovation and continuous flexibility: these are the distinguishing features of our professionals.

With their varied nationalities, Tenova specialists execute projects all over the world. Their multicultural backgrounds equip them to take on new challenges in any location.

Tenova guarantees the expertise of its people by monitoring every stage of their professional growth and providing on-going knowledge and skills training. Tenova enhances and optimizes the talent of the individual for the good of the team.