The Unión Explosivos Río Tinto (ERT) was a Spanish business conglomerate that operated between 1970 and 1989, being present in many industries of the country. At the time, it was the main Spanish business group by size and assets, with a network of companies that included more than forty subsidiaries.
The ERT group, which started in 1970,[1] was present in numerous sectors of the economy: mining, metallurgy, chemical industry, petrochemical industry, explosives, etc. In its beginnings, it had a workforce made up of 14,000 employees,[2] as well as a network of facilities, factories and production centers that extended throughout the country. Its name came from the historical Rio Tinto Mines, in the province of Huelva. During the 1970s, the Explosivos Río Tinto group undertook a business diversification that led to an increase of its presence in the real estate, pharmaceutical, petrochemical or publishing sectors. This was carried out through loans and significant indebtedness. In 1989, after many years of crisis due to financial problems, ERT was integrated into the holding Ercros.[3]
Angulo, Cristina (1998). "Una historia muy explosiva". El País.
Fourneau, Francis (1980). "Padre Marchena". Huelva hacia el desarrollo: evolución de la provincia de Huelva durante los veinte últimos años. Diputación de Huelva/Instituto de Estudios Onubenses.
Tamames, Ramón; Rueda, Antonio (1998). Introducción a la economía española. Madrid: Alianza Editorial.
January 03, 2024
unión, explosivos, río, tinto, spanish, business, conglomerate, that, operated, between, 1970, 1989, being, present, many, industries, country, time, main, spanish, business, group, size, assets, with, network, companies, that, included, more, than, forty, sub. The Union Explosivos Rio Tinto ERT was a Spanish business conglomerate that operated between 1970 and 1989 being present in many industries of the country At the time it was the main Spanish business group by size and assets with a network of companies that included more than forty subsidiaries Union Explosivos Rio TintoTypeS A IndustryMining explosives chemicalsFounded1970Defunct1989SuccessorErcrosHeadquartersMadridHistory editThe ERT group which started in 1970 1 was present in numerous sectors of the economy mining metallurgy chemical industry petrochemical industry explosives etc In its beginnings it had a workforce made up of 14 000 employees 2 as well as a network of facilities factories and production centers that extended throughout the country Its name came from the historical Rio Tinto Mines in the province of Huelva During the 1970s the Explosivos Rio Tinto group undertook a business diversification that led to an increase of its presence in the real estate pharmaceutical petrochemical or publishing sectors This was carried out through loans and significant indebtedness In 1989 after many years of crisis due to financial problems ERT was integrated into the holding Ercros 3 References edit Fourneau 1980 p 102 Angulo 1998 Tamames amp Rueda 1998 p 240 Bibliography editAngulo Cristina 1998 Una historia muy explosiva El Pais Fourneau Francis 1980 Padre Marchena Huelva hacia el desarrollo evolucion de la provincia de Huelva durante los veinte ultimos anos Diputacion de Huelva Instituto de Estudios Onubenses Tamames Ramon Rueda Antonio 1998 Introduccion a la economia espanola Madrid Alianza Editorial Retrieved from https en wikipedia org w index php title Union Explosivos Rio Tinto amp oldid 1186908471, wikipedia, wiki, book, books, library,
