About Tenaris
Tenaris is a company based in Luxembourg (Luxembourg) founded in 2002 by Ryan William.. The company has 25,870 employees as of December 31, 2024. Tenaris has completed 3 acquisitions, including Benteler Automotive, IPSCO and Shawcor. Tenaris offers products and services including OCTG Pipes and Line Pipe.
- Headquarter Luxembourg, Luxembourg
- Employees 25870 as on 31 Dec, 2024
- Founders Ryan William
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Tenaris S.A.
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Annual Revenue
$12.03 B (USD)-15.82as on Dec 31, 2024
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Net Profit
$1.95 B (USD)-48.05as on Dec 31, 2024
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EBITDA
$3 B (USD)-35.04as on Dec 31, 2024
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Latest Funding Round
$342.15 K (USD), Grant
Nov 01, 2019
- Investors
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Employee Count
25870
as on Dec 31, 2024
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Investments & Acquisitions
Benteler Automotive
& 2 more
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IPO & Listings of Tenaris
Tenaris is a publicly listed company on the MIL with ticker symbol TEN in Italy, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Tenaris
Tenaris offers a comprehensive portfolio of products and services, including OCTG Pipes and Line Pipe. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pipes are manufactured for oil and gas drilling activities, including casing and tubing
Pipes are supplied for onshore and offshore applications, meeting various industry standards
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Software Development Team
172 people
Leadership Team
69 people
Human Resources and Administration
67 people
Operations Team
47 people
Maintenance Team
24 people
Finance and Accounting
23 people
Senior Team
21 people
Sales and Marketing
18 people
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Funding Insights of Tenaris
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $342,154
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First Round
First Round
(12 Jan 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Grant - Tenaris | Valuation |
investors |
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| Jun, 2019 | Amount | Grant - Tenaris | Valuation |
investors |
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| Jun, 2018 | Amount | Grant - Tenaris | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tenaris
Tenaris has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tenaris
Tenaris has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Benteler Automotive, IPSCO and Shawcor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Laboratory equipment, chemicals, and services are supplied for scientific needs.
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2008 | ||||
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Products and services for pipeline management
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1930 | ||||
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Automotive products including chassis and engine systems are manufactured.
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1876 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tenaris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tenaris Comparisons
Competitors of Tenaris
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tenaris
Frequently Asked Questions about Tenaris
When was Tenaris founded?
Tenaris was founded in 2002 and raised its 1st funding round 5 years after it was founded.
Where is Tenaris located?
Tenaris is headquartered in Luxembourg, Luxembourg.
How many employees does Tenaris have?
As of Dec 31, 2024, the latest employee count at Tenaris is 25,870.
What is the annual revenue of Tenaris?
Annual revenue of Tenaris is $12.03B as on Dec 31, 2024.
What does Tenaris do?
Tenaris was established in 2002 and is headquartered in Luxembourg. Steel pipes are produced and supplied by the company for the oil and gas, energy, and automotive industries. Operations are centered in Luxembourg, with products tailored to industrial applications. In 2022, annual revenues of 13.51 billion were recorded, alongside a net profit of 3.17 billion. The company was founded by Ryan William.
What products or services does Tenaris offer?
Tenaris offers OCTG Pipes and Line Pipe.
Is Tenaris publicly traded?
Yes, Tenaris is publicly traded on MIL under the ticker symbol TEN.
How many acquisitions has Tenaris made?
Tenaris has made 3 acquisitions, including Benteler Automotive, IPSCO, and Shawcor.
Who are Tenaris's investors?
Tenaris has 1 investor. Key investors include European Union.
What is Tenaris's ticker symbol?
The ticker symbol of Tenaris is TEN on MIL.