4 | 2011 Annual Report - Camargo Corrêa S.A.
Camargo Corrêa S.A. is one of the largest private business groups in Brazil. Organized as a closed capital and family-owned holding company, the Group consolidated, over 72 years of operations, a distinctive and leading position in key sectors of construction, infrastructure, industry and management of brands widely acknowledged by consumers in Brazil and abroad. |GRI 2.1, 2.2, 2.6|
In the Cement industry, the Group is the second largest producer in South America, with a distinctive position in Brazil and Argentina, and a relevant shareholding interest held at Cimpor, a Portuguese company with international operations and positioned as the 15th largest in the world.
In Energy Concessions, the Group is the main private shareholder in the controlling block of CPFL, the largest electric power generator and distributor in Brazil. In Highway Concessions, the Group is a shareholder of the controlling block of CCR since its foundation. CCR is considered the best highway operator in Brazil and the largest in Latin America, and is among the companies with the highest market value in the global industry.
In Engineering and Construction, the Group consolidated a sound reputation of quality, operating efficiency, and pioneering. It carried out over 500 major projects in Brazil and abroad; is the largest construction company of hydroelectric plants in the world, and is positioned as one of the organizations best prepared
to overcome complex engineering challenges of large logistic proportions.
In Apparel and Footwear, the Group operates through Alpargatas, which manufactures, sells, represents and exports products of leading brands in footwear and apparel, especially Havaianas, Brazil’s most valued brand overseas. With a sound portfolio, Alpargatas holds a strategic position in the Brazilian consumption market and pursues international expansion.
In Real Estate Development, CCDI bears the quality and pioneering tradition of Camargo Corrêa brand. It obtained a leading position in AAA-class corporate projects and grew in the low-income segment, with a relevant participation in the program Minha Casa Minha Vida, by the Federal Government. In Shipbuilding, Camargo Corrêa Group is a founding shareholder of Estaleiro Atlântico Sul (EAS), that has building and operating facilities that are among the most modern in the world. It is the largest shipyard in Brazil and is ready to meet the demands of the pre-salt layer exploration.
Operating in 20 Brazilian states and 17 countries, Camargo Corrêa Group is formed by 58, 400 employees. In 2011, its consolidated net revenue amounted to R$ 17.3 billion, while the EBITDA amounted to R$ 2.1 billion. |GRI 2.5, 2.8|