Camargo Corrêa

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Camargo Corrêa Group
Type Private
Industry Conglomerate
Founded 1939
Headquarters São Paulo, Brazil
Key people Vitor Hallack, (Chairman), Décio Amaral (Head of Offshore & Shipbuilding)
Products Cement, Siderurgy, real estate, construction, crude oil and natural gas, electric energy, transportation
Revenue Decrease US$9.2 billion (2012)
Net income Decrease US$460.7 million (2012)
Employees 61,000
Subsidiaries Alpargatas, CCDI, InterCement.
Website www.camargocorrea.com.br

Camargo Corrêa is one of the biggest Brazilian private conglomerates, composed of publicly traded and closed companies, and shared management, operating in Brazil and in more than 20 countries.[1] The company was founded in 1939 by Sebastião Camargo in the city of Jaú, in the interior of the State of Sao Paulo but now its headquartered in São Paulo. Camargo's widow Dirce Camargo was a major shareholder until her death in 2013, with a net worth of $11.5 billion.[2]

References[edit]

  1. ^ [1], Wall Street Journal, February 10, 2010
  2. ^ "Dirce Navarro De Camargo". Forbes. Retrieved 10 November 2014.