Overview
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Description
Nicolás Correa, S.A. is a Spanish company specializing in the design, manufacture, and sale of advanced CNC milling machines and machining centers. Founded in 1947 in Eibar, Spain, as a modest workshop producing the F0 milling machine, it has evolved into a global leader in precision engineering, now headquartered in Burgos with 491 employees. The company offers diverse products including bed type, traveling column, gantry, bridge type, and multitasking machines, along with specialized milling heads like the patented 2014 UDX head capable of 10,000 rpm, and innovative ranges such as FOX and AXIA featuring 'box in box' technology for enhanced precision. These machines serve critical sectors including aeronautics, automotive, railway, wind energy, capital goods, energy, general machining, and oil & gas, with applications engineering and after-sales support. Nicolás Correa, S.A. maintains a strong international footprint, exporting 90% of production to markets like China, the USA, and India, bolstered by subsidiaries and strategic expansions such as a technology center in Pune. Listed on the Madrid Stock Exchange since 1989, it reported record 2024 sales of €121.49 million and net income of €13.7 million, reflecting sustained growth and innovation in the machine tool industry.
About
CEO
Ms. Maria del Carmen Pinto Fuentes
Employees
474
Address
Calle Alcalde Martín Cobos 16A
11 Bermudiana Road
Burgos, 09007, MI
Spain
11 Bermudiana Road
Burgos, 09007, MI
Spain
Phone
34 947 28 81 00
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Spain
MIC code
XMAD