How it started
History
Ausenco was founded in Brisbane, Australia, in 1991, by Albanian Australian Zimi Meka, current CEO and Managing Director, and Bob Thorpe, current Board member. In 1995, the second office opened in Perth.
In 2002, the first institutional shareholders invested in Ausenco and former Premier of Queensland Wayne Goss was appointed chairman of the company. Ausenco established the Ascentis division in 2003 to deliver operations services to the minerals processing industry. In 2004, Ausenco opened an office in China, and then in 2005, opened offices in North America and South America.
The company listed on the Australian Securities Exchange on 15 June 2006.
In 2007, the Vancouver office opened, increasing the number of employees by 31% to 1,010 people globally. The Ausenco foundation was also launched in 2007 to offer support to the communities in which people from Ausenco live and work.
Ausenco began an expansion program in 2008 by acquiring several companies to enhance their service offering, including Vector Engineering, Pipeline Systems Incorporated (PSI) and Sandwell. This increased employee numbers by 150%, and expanded service offerings to include pipeline systems, ports & marine, environment & sustainability, and transportation systems. The Ausenco Taggart joint venture was also formed in 2008 to offer design and delivery expertise for coal handling processing plants.
From Wikipedia’s article on Ausenco, shared under CC BY-SA 4.0.3