Fugro

Company Description

Fugro is the world's leading geo-data specialist, collecting and analyzing comprehensive information about the Earth and the structures built upon it. Before a wind farm can be built offshore, an oil platform installed, or a tunnel dug, someone needs to understand what's beneath the surface—that's where Fugro comes in. The company provides geotechnical surveys (understanding soil and rock conditions), geophysical surveys (mapping what's beneath the seabed or ground), positioning and monitoring services, and remote inspection using uncrewed vessels and robots. Fugro serves the offshore energy industry (both oil/gas and renewables), infrastructure projects (bridges, tunnels, buildings), and maritime operations. Its data helps clients design, build, and operate assets safely and efficiently. Founded in 1962, Fugro started as a land-based surveying and soil analysis company before expanding into marine operations to serve the offshore energy boom. The name 'Fugro' derives from the Dutch words for 'foundation' and 'soil.' The company is headquartered in the Netherlands (moving from Leidschendam to a new facility in Nootdorp in late 2025) and is listed on Euronext Amsterdam. With approximately 11,000 employees operating a fleet of specialized vessels and equipment worldwide, Fugro generated €2.3 billion in revenue in 2024. The company achieved a return on capital employed of 18.1%, exceeding its mid-term targets. Under CEO Mark Heine, Fugro is expanding into new growth areas including carbon capture, critical minerals, underwater infrastructure surveillance, and satellite-based environmental monitoring following its acquisition of EOMAP.