Type | Private |
---|---|
Industry | Conglomerate |
Founded | (1948) |
Headquarters | São Paulo, Brazil |
Area served | Worldwide |
Key people | Otávio Azevedo, (CEO) |
Products | Engineering & Construction, Telecommunications, Utilities, Concessions |
Revenue | US$ 8.4 billion (2010) |
Net income | US$ 763.9 Million (2010) |
Employees | 60.000 |
Website | www.andradegutierrez.com.br |
Andrade Gutierrez (AG Group or AGSA) is a Brazilian private conglomerate headquartered in São Paulo. The organization was founded in 1948 in Belo Horizonte, Minas Gerais, by the Andrade and Gutierrez families and it is today one of the largest privately held groups in Latin America and amongst the top three largest construction companies in Brazil. It is a market leader in construction, government contracts, telecommunication, real estate investments and other sectors of the Brazilian economy.
The Group its engaged in Engineering & Construction, Telecommunications, and Concessions sectors. Andrade Gutierrez is divided into three Holdings, one for each sector performance. The Holdings are: AG Engenharia or Construtora Andrade Gutierrez for the Engineering and construction sector; AG Concessões for concessions in public services and utilities and AG Telecom engaged in telecommunications.
The main competitors of Andrade Gutierrez are the Brazilian industrial conglomerates Votorantim Group, Odebrecht, Camargo Corrêa and Queiroz Galvão
This sector is management by Construtora Andrade Gutierrez. The company in addition to building dams and power plants, ports and airports, subways, highways and railways, the company responded by building and modernizing manufacturing plants and led to self-sufficiency in oil production, with the implementation of some of the most important already in place in the oil and gas. Currently the company has operations in worldwide.
Through AG Concessões, the Andrade Gutierrez Group acts in concession of public infrastructure. The company participates in the controlling interest in major public providers who work in the areas of energy, roads, sanitation, ports and airports, and urban transport rapid transsit. Currently ongoing projects are developed by companies Rio Minas Energia, CCR, Dominó Holdings, Water Port and Corporación Quiport .
AG Telecom is the company of Andrade Gutierrez for telecommunications sector, operates in this sector through a interest in the biggest Brazilian telecommunications company OI.