About Aveng

Aveng is an international infrastructure and resources company listed on the Johannesburg Stock Exchange. Its origins lie in modest construction projects, but Aveng now operates in steel, engineering, manufacturing, mining, concessions, public infrastructure and water treatment.

Aveng was founded in 1880

Aveng’s primary geographic markets are southern Africa and Australia.

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Aveng Information

Industry Mining, Construction, Manufacturing, Engineering, Steel
Predecessor Anglovaal Engineering
Founded 1880; 141 years ago
Melrose Arch, JohannesburgSouth Africa
Area served
Africa, Australasia, Southeast Asia, South America
Key people
Eric Diack (Chairman)Sean Flanagan (CEO)

Adrian Macartney (CFO)

Services Contract Mining, Shaft Sinking, Construction, Manufacturing, Steel
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
14,158 (2018)
Subsidiaries Numerous
Website www.aveng.co.za

Source – Wikipedia.


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