Charter for Sustainability

2006

Construções e Comércio Camargo Corrêa incorporates Reago, which then becomes one of CCCC’s operating trademarks. A bellwether in its sector, Reago was responsible for introducing to Brazil the structural concrete block, the technology for construction in reinforced masonry, the prestressed hollow core floor slab and concrete structural enclosing panels.

Santista Têxtil and the Spanish Tavex group announce their merger on March 7 resulting in the largest denim manufacturer in the world with 12 factories located on three continents – Europe, Africa and the Americas – and an annual installed production capacity of 1,500 million meters of fabric.

On March 14, the new Shared Solutions Center’s (SSC) headquarters is inaugurated in the city of Americana (SP).

On April 12, the first internal workshop on social responsibility and its relevance to the group’s businesses is held.

After two years, on May 18 the restructuring of Santista Têxtil’s business in Brazil is concluded. The company begins working with three subsidiaries: Santista Têxtil Brasil S.A., Santista Têxtil Argentina S.A. and Santista Têxtil Chile S.A.

On August 10, Bradespar sells its stake in VBC Participações, the controlling company of VBC Energia. From now on, the Votorantim and Camargo Corrêa groups each hold 50% of the shares.

The Sustainability Letter is approved on August 31, during a workshop in which 37 directors, shareholders and executives take part. The document establishes guidelines to ensure that the Camargo Corrêa group’s economic initiatives contribute to social equitability and environmental equilibrium.

On September 1, the executive Vitor Hallack takes over as chairman of the Board of Directors of Camargo Corrêa S.A.

On September 29, Camargo Corrêa Desenvolvimento Imobiliário (CCDI) files with the Brazilian Securities and Exchange Commission (CVM) a request to open the company’s capital. Company listing would occur on January 31 the following year.

Also on September 29, the case study “An Insider’s View of Operation Gabi” – in which Camargo Corrêa gives a ball-by-ball account of the acquisition of Loma Negra – receives the Análise - Institute for Business Management (FIA) for Foreign Trade award - sponsored by Análise Editorial in partnership with the FIA, associated with the Economics, Business Management and Accounting Faculty of the Universidade de São Paulo. Operation Gabi was so-called in honor of the Argentine ex-tennis star, Gabriela Sabatini.

In October, Construções e Comércio Camargo Corrêa signs two contracts with the government of Angola worth US$ 72 million. The Brazilian company is responsible for the reurbanizing of the road system in the Boa Vista Port area, in the capital city of Luanda and the restoration of a stretch of 84 kilometers of the Lubango–Benguela Highway, linking Angola with Namibia.

The Camargo Corrêa group is ranked the 22nd largest by stockholders’ equity according to the Gazeta Mercantil newspaper’s Balanço Annual magazine. Not only does the group increase four positions in the overall ranking between 2004 and 2005, it is also placed sixth in the list of the largest private sector non-financial conglomerates.

In October, Alpargatas commemorates an absolute record in sales of Havaianas sandals: 16 million pairs, 13.7 to the home market and exports of 2.3 million.

Camargo Corrêa S.A. is certified as Citizen Company on October 31 for preparing its Social Report in conformity with the rules established by the Regional Accounting Council for the state of Rio de Janeiro (CRC-RJ) in conjunction with the Federation of Industries for the State of Rio de Janeiro (Firjan) and the Federation for Commerce of the State of Rio de Janeiro (Fecomércio-RJ).

Thanks to the participation of Camargo Corrêa Cimentos, in November 6, the group increases its stake in the voting capital of Usiminas from 7.6% to 11.6%. Consequently its share in the controlling group of shareholders of the steel mill rises from 14.4% to 18.1%.

Alpargatas and Santista are the highlights of the ninth edition of The Most Admired Companies in Brazil, published by Carta Capital magazine, winning first place in the spinning and weaving, and the sporting goods sectors, respectively. Organized by the InterScience Institute, the voting involved more than 2 thousand executives from more than 600 companies.

On November 7, the Diário de Pernambuco, the oldest newspaper in Latin America awards Camargo Corrêa for the entrepreneurship of its projects and infrastructure work. The construction of the Estaleiro Atlântico Sul shipyard at the Suape Industrial Complex, the first phase of the Via Mangue and the duplicating of the BR-101 are just some of the group’s initiatives in focus.

On November 23, Cosipa presents the Best Supplier award of 2006 to CAVO Serviços e Meio Ambiente. Currently, more than 500 of CAVO’s personnel are deployed at Cosipa.

November sees the launch of Camargo Corrêa Desenvolvimento Imobiliário’s (CCDI) first real estate development on the northern coastline of the state of São Paulo. The Península de São Lourenço condominium designed by architect Ricardo Julião will have 60 units distributed between two sea front residential tower blocks.

The Brazil Foreign Trade Association (AEB) presents Construções e Comércio Camargo Corrêa with the Outstanding Name in Foreign Trade award, Company Internationalization category, in the services sector. The award ceremony takes place on December 1 during the 26th National Meeting for Foreign Trade (ENAEX).

On December 13, Camargo Corrêa Desenvolvimento Imobiliário (CCDI) launches a planned district of about 390 thousand square meters in Jardim Sul, south side São Paulo. This is CCDI’s 11th development. The plan is for the construction of three residential tower blocks in addition to tree-lined streets, plazas, nursery gardens and walking trails.

On December 14, Camargo Corrêa increases its stake in Alpargatas’ total capital stock from 39.45% to 42.9% though the acquisition of shares held by Previ, the Banco do Brasil pension fund.

Camargo Corrêa Metais is the first silicon metal producer to have its Environmental Management System ISO 14001 certified by the American Bureau of Shipping (ABS).

CAVO installs its first compact sewage and effluent treatment plant at the Goodyear belts factory in Santana do Parnaíba (SP). The equipment consumes less energy and requires only 25% of the space of treatment plants produced by competitors.

The plastic artist, Alex Cerveny designs a limited series of a thousand pairs of Havaianas sandals. The resources raised from the sales are entirely donated to the Association for Children and Adolescents with Cancer (TUCCA).

Companhia de Concessões Rodoviárias (CCR) signs in consortium, the first Public-Private Partnership (PPP) in Brazil for the operation and maintenance of Line 4 of the São Paulo Subway. CCR will be responsible for the procurement of trains and equipment, and signaling and control systems for the new subway line, which will be 12.8 kilometers long and have a capacity to carry 900 thousand passengers daily.

In December, the Loma Negra Foundation’s Strategic Consultative Board Committee authorizes the financing of 21 projects undertaken by 51 organizations that work for the social development of young people between the ages of 15 and 24. About 2,500 adolescents and young adults in this age group were to be the beneficiaries of this initiative.

Camargo Corrêa begins construction work on the country’s third largest bridge. The 3.5 kilometer long bridge will link Manaus to Iranduba in the state of Amazonas, benefiting seven municipalities in the region. The project, with an estimated cost of R$ 574 million, also involves the construction of a highway approach complex on both sides of the Negro River, consisting of a total of eight kilometers of access roads.

Alpargatas’ Locomotive brand ends the year with sales of 16 million square meters of canvas covers, 14% more than in 2005.