Magtel

Magtel
TypePrivate
IndustryTelecommunications, energy, engineering, infrastructure, rail transport
Founded1990 (1990) in Posadas, Spain
FoundersLópez Magdaleno brothers
Headquarters
Córdoba
,
Spain
Area served
Spain
Revenue€140 million (2024)
Number of employees
800+ (2024)
Websitewww.magtel.es

Magtel is a Spanish technology and engineering company founded in 1990 in Posadas, in the province of Córdoba, by the López Magdaleno brothers. The company operates in telecommunications, renewable energy, engineering, civil infrastructure, railways, mining and defense, covering projects from design and construction through operation and maintenance. In 2024 it reported revenue of €140 million and employed more than 800 people directly.

History

Magtel started out as a telecommunications contractor, building fiber-optic and other networks for public and private operators. Their telecom division then became a major supplier to the Spanish rail sector. From the 2000s it diversified into renewable energy, developing photovoltaic and solar thermal plants.

In 2012, the company's charitable arm, Fundación Magtel, was established. It runs social inclusion and employment training programs.

In 2015, Magtel was among the parties investigated over the public tender for the Aznalcóllar mine. In 2025, the Provincial Court of Seville acquitted all 16 defendants.

In 2018, Magtel entered mining by acquiring Nueva Tharsis, which holds historic deposits in the Iberian Pyrite Belt in Huelva. Through its subsidiary Eco Rail, it is part of a consortium with Marcotran and CMA CGM developing a rail freight motorway between the Port of Algeciras and Zaragoza, and it has formed a rail operator to compete in Spain's liberalized high-speed passenger market.

In 2023 a solar installation for Renfe became the first to feed power directly into a Spanish AVE high-speed line. As of 2023, they were also developing more than 4,000 MW of pumped-storage hydroelectricity projects across Spain, including one at the former mine lake of As Pontes in Galicia.

The company has also expanded into the defense sector.

References

  1. ↑ "Magtel, el gigante empresarial que lidera la innovación en Córdoba". El Periódico (in Spanish). 3 May 2024.
  2. ↑ "Annual Report 2024" (PDF). Magtel. June 2025.
  3. 1 2 "Magtel, un todoterreno cordobés que apunta ahora a la defensa". El Periódico (in Spanish). 8 May 2023.
  4. ↑ "Magtel destaca que su división de telecomunicaciones ya es referente 'telco' en el sector ferroviario". Europa Press (in Spanish). 26 July 2025.
  5. ↑ "Fundación Magtel: Tecnología con vocación de inclusión". Diario Córdoba (in Spanish). 5 December 2025.
  6. ↑ "La Audiencia de Sevilla absuelve a los 16 acusados por el supuesto amaño del concurso para la adjudicación de la mina de Aznalcóllar" (Press release) (in Spanish). Poder Judicial de España. 5 December 2025.
  7. ↑ "Magtel crece en minería con la compra de la firma Nueva Tharsis". ABC (in Spanish). 15 October 2018.
  8. ↑ "Magtel pone en carga las primeras locomotoras de la futura autopista ferroviaria Algeciras-Zaragoza". ABC (in Spanish). 25 January 2025.
  9. ↑ "La cordobesa Magtel crea una empresa ferroviaria para explotar la red de alta velocidad de España". Cordópolis (elDiario.es) (in Spanish).
  10. ↑ "Renfe encarga a Magtel la primera planta solar enchufada al AVE". Expansión (in Spanish). 27 September 2023.
  11. ↑ "Magtel desarrolla más de 4.000 MW de centrales hidroeléctricas en España". El Economista (in Spanish). June 2023.
  12. ↑ "La andaluza Magtel redimensiona el proyecto hidráulico para el lago de As Pontes". La Voz de Galicia (in Spanish). 8 April 2025.