Tenova operates in the metal and mining industries.

Both industries have been affected by the economic downturn.

Monthly crude steel production collapsed in the second half of 2008 but not all the geographical areas have been impacted in the same way. In particular China is the only area in which y-on-y production is increasing. India is maintaining 2008 production rate, while other areas like NAFTA, CIS and Europe have been hit more deeply.

In the mining business the situation is different ore by ore. Iron ore production was the more impacted by the downturn, while, notwithstanding the price collapse, coal and other ores (like copper) production has been maintained at high levels.

Notwithstanding this extremely negative market situation, Tenova has been awarded new orders for €954M and generated €1.151M revenues in 08/09 fiscal year and in 09/10 fiscal year, is expected to generate about €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 the success and growth at Tenova. Qualified engineers and technicians are the backbone of a network of companies active on five continents, and 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 at any location.

Tenova guarantees the expertise of its people by promoting 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.