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- Aveng Group
Aveng Grinaker–LTA forms part of The Aveng Group, South Africa’s largest infrastructure company, listed on the JSE in 1991, and operates in over 30 countries across the globe. The Group has built many of the iconic structures, landmark buildings, bridges, dams, airports and power stations that today form the backbone of the economies of many developing world countries. With its broad exposure across the infrastructure value chain the Aveng Group has the capability to deliver multi-disciplinary projects in construction, engineering, mining, water, power, steel and manufacturing.
Our growth strategy, based on solid project execution, is to continue to optimise our current business portfolio to create more shareholder value and strengthen the leadership of Aveng Group.
Aveng Grinaker-LTA is a multi-disciplinary construction and engineering group, anchored in South Africa, with expertise in a number of market sectors; power, mining, infrastructure, commercial, retail, industrial, oil and gas. The Group's multi-disciplinary capability is delivered through focused business units acting in synergy. It boasts a proud South African heritage going back 117 years.
Aveng Grinaker-LTA has an annual turnover in excess of R10-billion and employs some 16,000 people and it is a fully black empowered South African company with 25 percent of its share capital owned by a Tiso Group led BEE consortium. The remaining 75 percent is owned by Aveng Limited, a company listed on the JSE Securities Exchange South Africa. Aveng Grinaker-LTA is a Level 3 BBBEE Contributor.
Aveng Grinaker-LTA offers a comprehensive range of services that include:
At Aveng Grinaker-LTA, we are committed to our responsibilities in respect to safety, health, and the environment, which are integral to the way we do business. We are devoted to minimising our carbon footprint by incorporating responsible environmental practices that comply with the Environmental Management Plan (EMP) of its customers/clients and all relevant environmental legislation and to establish an EMP for use on contracts where the customer/client does not have a specific EMP.
The Aveng Group believes corporate governance is central to its success and is committed to maintaining high standards of governance, ensuring that the Group is being managed ethically within prudently determined risk parameters. The Aveng Group accepts the underlying principles and firm recommendations set out in the King Report on Corporate Governance for South Africa – 2009 (King III) and complies with the additional corporate governance requirements of the JSE Limited. Aveng has always believed that high standards of corporate governance are fundamental to achieving its long-term strategic goals and meeting the needs of all stakeholders.
Safety is a core value of the Aveng Group and integral to the way we do business, never compromised in the pursuit of any other objective. As the largest infrastructure development company in South Africa, the Aveng Group recognises the positive contribution it can make to the broader social transformation agenda. Without taking care of our planet and our people, we cannot hope for sustainable growth in the long term