Ormat Technologies, Inc. · Reno, NV United States ·(NYSE: ORA)
Company Description
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This link will open in a new window Ormat Technologies is on an environmentally safe power trip. The company builds geothermal as well as recovered energy power plants. Geothermal technology extracts hot water or steam that is vaporized and used to drive turbines. The fluid is then cooled and recycled back through the process, making it a clean and renewable energy source. Recovered energy utilizes heat produced in other industrial processes. The company, set up by Israel-based Ormat Industries, also sells power units for both types of plants. Ormat operates geothermal plants (with a total of 410 MW of power) in Guatemala (2), Kenya, Nicaragua, and the US (7). The Bronicki family owns about 35% of the company. To read the full description, subscribe now.
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Key Ormat Technologies, Inc. Financials
| Company Type | Public - NYSE: ORA Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $344.8 |
| 2008 Employees | 1,069 |
Ormat Technologies, Inc. Executives
17 executives listed for Ormat Technologies, Inc.'s Reno, NV location.
| Title | Name & Bio | Contact |
| Chairman and CTO | Lucien Bronicki | Network |
| CEO and Director | Yehudit Bronicki | Network |
| President, COO, and Director | Yoram Bronicki | Network |
Competition
Competitive Landscape for Ormat Technologies, Inc.
Sales are driven by demand from the construction, telecommunications, and hardware retailing industries. Profitability depends largely on merchandising and efficient inventory management. Large companies have wide distribution networks and may offer customers a broad selection of products and services. Small operators can compete successfully by stocking specialty products, stocking all of the parts their particular customers need, or delivering superior service. The industry is capital-intensive: average annual revenue per employee is about $450,000. To read the full description, subscribe now.Top Ormat Technologies, Inc. Competitors
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