Aveng Limited Unsponsored ADR
(Other OTC/NBB : AVEPY)

( )
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Industrial Services » Engineering And Construction
symbolcompany%chnglast%shortavg$volume
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Company Profile

Aveng Ltd. engages in infrastructure development. The company focuses on originating, developing, structuring and investing in general infrastructure, power and real estate projects in South Africa and selective economies in Sub-Saharan Africa. It operates its business through the following subsidiaries: Aveng Grinaker-LTA, McConnell Dowell, Aveng Manufacturing, Aveng Steel, Aveng Moolmans and Aveng Capital Partners. Aveng Grinaker-LTA offers multidisciplinary services across the construction and engineering value chain to its clients in South Africa, Mozambique, Mauritius and other selected markets in the rest of Africa. Its services range from building, civil engineering and earthworks, to mechanical and electrical engineering. Aveng Grinaker-LTA also offers a range of water treatment solutions with expertise in design, construction, operations and maintenance of permanent and modular water treatment plants. McConnell Dowell is a major engineering, construction and maintenance contractor experienced in delivering complex projects in the building, infrastructure and resources industry sectors, with expertise in building, rail, civil, electrical, marine, mechanical pipelines, fabrication, tunneling and underground services. The subsidiary operates throughout Australia, Asia, New Zealand, Pacific Islands and the Middle East. Aveng Mining is a deep-level shaft-sinking company, which is involved in all aspects across the mining value chain, ranging from shaft sinking, underground development and contract mining, open cut mining, mineral processing and acid mine drainage plants, to construction of mining related infrastructure and the supply of mining equipment and products. Aveng Steel supplies a wide range of products to the domestic and export markets in the steel construction and automotive industries from its steel yards, processing centers and manufacturing plants. Aveng Manufacturing manufactures and supplies construction products to the construction sector, services and engineered solutions to mining, water, oil and gas and construction clients, and rail construction and maintenance services to the transport sector. Aveng Capital Partners is the investment and structured financing arm of Aveng. The company was founded in 1944 and is headquartered in Boksburg, South Africa.