The Camargo Corrêa Group is one of Brazil's largest private sector business organizations, with operations in key sectors of the economy, including engineering and construction, cement, energy, transport, and urban mobility concessions, the shipbuilding and offshore segment, real estate development and the denim industry.
Founded in 1939, Camargo, Corrêa & Companhia Limitada, Engenheiros e Construtores began its operations as a small provider of services to the civil construction segment. Managed by the holding company, Camargo Corrêa S.A., privately held and family controlled, ended 2014, completing 75 years of existence, with operations present in 22 countries, nearly 52,000 employees, and net income of R$ 26.0 billion, comprising a balanced portfolio and engagement in a number of industrial sectors.
The cement business, with the acquisition of Cimpor reflects the largest operations segment of the Group now united under the holding company, InterCement umbrella which is ranked among the 10 largest producers internationally. The company operates 40 plants in eight countries in South America, Europe and Africa: Brazil, Argentina and Paraguay; Portugal and Cape Verde; Egypt, Mozambique and South Africa. Based on the creation of sustainable partnerships with communities, clients and suppliers, it invests in innovation and its drive is to provide client services to achieve a place among the five most profitable companies in the sector in the world.
In the energy concessions segment, it operates through CPFL Energia, one of the largest Brazilian electrical energy sector companies. The Group is a major private sector shareholder in the controlling block of the company and holds 24.4% of capital. CPFL Energia is a Brazilian leader in the energy distribution segment holding roughly 13% interest and having 7.4 million clients. Regarding power generation, it operates enterprises totaling capacity of 3,127 MW and is the largest in Brazil in relation to renewable sources. It is also engaged in sales, services and energy efficient projects for corporate clients.
CCR accounts for its presence in transportation and mobility concessions and is one of the largest highway concessionaires in the world as well as the largest private operator in Latin America in intermodal transportation and urban mobility systems and services. The company has highway concessions, airports in Brazil and abroad, subway lines and boat system, which connect the cities of Rio de Janeiro and de Niterói.
Complex and large-scale enterprises characterize the works undertaken by Construtora Camargo Corrêa. Operating in Brazil and other countries especially in Latin America it has taken a significant part in the largest infrastructure projects currently being executed in those markets in which it operates, such as hydroelectric plants, highways, bridges, subways, sanitation, railways and a number of urban works.
Santista S.A. is a world leader in the production of denim in the Premium category. The company with plants located in Brazil and Argentina also operates in the professional clothing or workwear area.
Real estate development business is conducted by Camargo Corrêa Desenvolvimento Imobiliário (CCDI), which centralizes operations in high end residential developments, AAA corporate buildings and logistics infrastructure. In the economic segment, HM Engenharia is a leading company that develops the Minha Casa, Minha Vida (My House, My Life) program, subsidized by the federal government for low-income families.
In the Shipbuilding and Offshore segment, the group participates of the Estaleiro Atlântico Sul - EAS (Atlântico Sul Shipyard), which is the largest and most modern shipyard in the Southern Hemisphere, with a processing capacity of 160,000 tons of steel per year.