Odinsa

ODINSA S.A
Company typeAnonymous Society
BVC: ODINSA
IndustryInfrastructure
Founded1992
HeadquartersMedellín, Colombia
Key people
Mauricio Ossa, (CEO)
ProductsConstruction
Infrastructure
Transportation
Energy
RevenueDecrease US$ 195.6 million (2012)
Increase US$ 80.3 million (2012)
Number of employees
1275 (2015) [1]
ParentGrupo Argos (98.5%)
Websitewww.odinsa.com
logo used when company was independent

Odinsa S.A is a Colombian construction and infrastructure development and publicly traded company (the largest engineering association in Colombia).[2] It engages in road, highway, airport (about 18% of total sales)[3] and railway construction in addition to real estate and private/public grant projects (through concessions). Real estate projects are developed through the subsidiary Odinsa Holding Inc. The company also does business outside of Colombia, mostly in the Dominican Republic and other parts of the Caribbean. In 2002 it participated in a Social Interest Housing Project (50% interest) which built 450 homes.[4]

Odinsa is considered one of the eight "leading operators of transportation infrastructure worldwide".[5] On September 14, 2010, it had a market cap of US$549.45 million[6] (based on exchange rate of 1908.51 COP/1 USD).

According to the 2010 Global Competitiveness Report, Colombia's public infrastructure quality (railroads, ports and especially roads) is among the worst in South America, meaning that companies like Odinsa should continue to be in high demand (the company had a backlog of US$1.2 billion in 2010 - up 20% over the previous year).[7] It has benefited from the government's relaxation of control restrictions on foreign investment in the country.[8]

  1. ^ "Our People". www.grupoargos.com. Archived from the original on 2017-09-12. Retrieved 2017-02-05.
  2. ^ Rich, Patricia Gray (2002). Latin America:its future in the global economy. ISBN 9780333929018.
  3. ^ Cite error: The named reference od was invoked but never defined (see the help page).
  4. ^ "Odinsa 2008 Report" (PDF).
  5. ^ "Strong Investor Interest in First Toll Road Project Under Puerto Rieco Public-Private Partnership". 2010-08-02.
  6. ^ "Odinsa Group Colombia Infrastructure". Retrieved 2010-11-03.
  7. ^ "Global Competitiveness Report full report 2010-2011" (PDF).
  8. ^ "Colombia Stocks Gain After Capital Controls Abolished". Bloomberg News. 2008-09-01.