Aveng
Aveng (formerly Anglovaal Engineering) is an international engineering led contractor focused on infrastructure, resources and contract mining and is listed on the Johannesburg Stock Exchange. Its origins lie in modest construction projects in South Africa, but Aveng now operates in engineering, infrastructure development, construction and contract mining across Australia, New Zealand & Pacific Islands, Singapore, Philippines, Indonesia, Malaysia and South Africa.
| Company type | Public |
|---|---|
Traded as | (JSE: AEG) |
| Industry | Mining, Construction, Manufacturing, Engineering, Steel |
| Predecessor | Anglovaal Engineering |
| Founded | 1880 |
| Headquarters | Melrose Arch, Johannesburg , South Africa |
Area served | Africa, Australasia, Southeast Asia, South America |
Key people | Sean Flanagan (CEO) Adrian Macartney (CFO) |
| Services | Contract mining, construction, infrastructure development, engineering |
| Revenue | 31 Dec 2019: R11.2bn; 30 Jun 2019: R 25.7bn; 30 Jun 2018: R30.6bn |
Net income | 31 Dec 2019: R170 m loss; 30 Jun 2019: R1.7 bn loss 31 Jun 2018: R3.5 bn loss |
| Total assets | R 15.07 Billion (2018) |
Number of employees | 5 211 (2022) |
| Subsidiaries | McConnell Dowell, Moolmans |
| Website | www |
It employs some 5 211 people and has an annual turnover in excess of R30 billion.
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