Sector: Industrials
The company is not available at Interactive Brokers
Aveng (JSE:AEG) has world-class expertise in steel, engineering, manufacturing, mining, concessions, public infrastructure and water treatment in a diverse range of sectoral and geographic markets.
Now the Group is forging a new future as it responds to material changes in its traditional markets. Aveng is transforming into an international infrastructure, resources and mining group capitalising on the expertise and experience of its core businesses in growing markets in sub-Saharan Africa, Australia, New Zealand and Pacific Islands, and Southeast Asia.
Core businesses
McConnell Dowell
McConnell Dowell is a major engineering, construction and maintenance contractor, delivering complex projects in the building, infrastructure and resources sectors in Australia, New Zealand and Pacific Islands, Southeast Asia and the Middle East.
Since 1961, McConnell Dowell has built thousands of quality assets and facilities for customers and communities. Its expertise has grown steadily to span building, civil, electrical, fabrication, marine, mechanical, pipelines, rail, tunnel and underground construction. With over 3,500 employees and professional engineering and construction teams in Australia, New Zealand and Asia, customers benefit from the company's unique mix of local knowledge and international experience. Learn more
Moolmans
Moolmans (previously known as Aveng Mining) is a South African-based leader in contract mining operating across Africa. For more than 60 years Moolmans has provided specialised services to the mining industry that include open cut mining, shaft sinking and access development, and underground mining projects.
Moolmans currently works on a number of projects throughout Africa and has mined a range of commodities for a variety of reputable clients. Moolmans has developed strong brand equity through our strong customer relationships, extensive experience in remote and difficult locations, and a track record of sound operational performance. Learn more
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Potential dynamics
Transnet has a turnaround plan to ease port and rail snarl-ups that have hamstrung the economy. It just needs money.
2023-11-24 07:02 +02:00
Spotify will nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.
2021-02-23 07:59 +02:00South Africa are gunning for a morale-boosting victory ahead of the World Cup when they face old foe New Zealand in a final warm-up at Twickenham on Friday, as captain Siya Kolisi says they will hold nothing back in what he expects to be a "beautiful game".
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2023-04-07
Traditional South African rivals the Stormers and Bulls will contest a "blood and guts" battle for the United Rugby Championship crown in a surprise final at Cape Town Stadium on Saturday.
2022-06-16
South African construction and resources company Aveng aims to raise 300 million rand ($20 million) through a fully co-underwritten rights offer to restructure its balance sheet and deleverage, the firm said on Tuesday.
2021-01-27They perform one of South Africa`s most important services, collecting recyclables that would otherwise swell the country`s rubbish dumps and burden municipal trash collection, but the coronavirus lockdown has left thousands of wastepickers jobless.
2020-04-24
* Second high-profile to file for bankruptcy protection rescue (Adds analyst comment, detail)
2019-03-12
