Aveng

Aveng is a South African conglomerate company listed on the Johannesburg Stock Exchange founded in the 1880s. Originally working on construction, it is engaged in steel, engineering, manufacturing, mining, concessions, public infrastructure and water treatment activities. It is active in Africa, Australia, New Zealand, South East Asia and the Middle East.

Subsidiaries include:

  • Construction & Engineering
  • Aveng Mining (deep-level shaft sinking)
  • Manufacturing and Processing
    • Aveng Manufacturing
    • Aveng Steel

Aveng were, at April 2016, considering selling their Steel interests[1]

In September of 2017, the CEO, Kobus Verster resigned with immediate effect as the listed construction and engineering group embarks on another strategic review to address ongoing substantial financial losses by the group. Eric Diack, who is also the executive chairman of the group, has assumed Verster's duties until the appointment of the new chief executive.

See also

References

  1. ↑ Roy Cokayne, (11 April 2016), Aveng renews cautionary notice, Independent Online Retrieved 17 April 2016

Official website

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