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Grupo Queiroz Galvão S.A.

Company Detail

Description

Brazilian conglomerate Queiroz Galvão operates in various segments including construction, public concessions, oil and gas, metallurgy, food, and environmental engineering. Founded in 1953 and based in Rio de Janeiro, the company operates through its subsidiaries in South America, the Caribbean, Africa and the Middle East. Besides Brazil, the group has offices in the region in Argentina, Chile, Nicaragua, Panamá, Perú, Dominican Republic, and Venezuela, where it has been involved in the development of projects and activities.

Locally, Queiroz Galvão is part of the consortium in charge of the construction of São Paulo No.6 metro line, which, once completed, will be operated by QG Logística. The company is also responsible for building a light rail system to connect the cities of Santos and São Vicente, among other infrastructure initiatives in the country. Together with Odebrecht and Carioca Engenharia, it was awarded with a 25-year concession to build and operate Rio de Janeiro's No. 4 metro line. In oil and gas, its unit Queiroz Galvão Exploração e Produção (QGEP) holds stakes in blocks located in basins Santos, Espírito Santo, Jequitinhonha, Camamu-Almada, Pernambuco-Paraíba, Pará-Maranhão, and Foz do Amazonas.

In the region, the group has built the Paso San Severino dam in Uruguay; a stretch of the Interoceanic highway, in Peru, and it was also part of the consortium awarded with a contract for building the Salado dam in Argentina, while in Nicaragua is involved in the development of the Tumarin hydroelectric plant, which is scheduled to be completed in 2019 and will produce 253MW.

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