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Grupo Electroingeniería

Grupo Electroingeniería

Electroingeniería is a business group from the province of Córdoba. Its activities began in 1977, with interests mainly in construction, and gas and electrical energy generation and distribution. Over the last 15 years, it took part in several public works trusts, including electrical dams, wind parks, airports, and thermal and power nuclear stations. It also holds business interest in wine growing. Part of its energy investments and projects are conducted in partnership with Chinese investors (Gezhouba Group Corporation and China Petroleum Piperine Bureau).

In 2008 its shareholders, Osvaldo Acosta and Gerardo Ferreyra, made the leap into the media market by purchasing Radio del Plata in Buenos Aires. In 2011 the group launched its own paid-content TV channel, 360 TV, whose programming features mainly Radio Del Plata programs. In 2014 they launched an FM station in Córdoba (Pulxo 95.1).

When the current national administration took office in 2015, Electroingeniería’s businesses were under scrutiny due to its connections with former Minister for Planning Julio De Vido. However, the group also did important business with President Macri while stripping the assests of its media companies, which are now facing a serious financial crisis: Radio Del Plata has laid off half of its workers and is paying salaries in installments; 360 TV has ceased to produce content; and FM Pulxo was sold in late 2018.

In 2018 Gerardo Ferreyra was arrested, accused of paying bribes and surcharges during the Kirchner’s administrations, as Electroingeniería was the second most benefited company through public works contracts during that period.

Key facts

Mother Company

Electroingeniería S.A.

Business Form

Private

Legal Form

Joint stock corporation

Business Sectors

Energy generation and distribution; infrastructure construction and commercialization, wine growing, wine commercialization

Ownership

Individual Owner

Ferreyra Family

In his youth, he was active in left-hand political organizations in Córdoba, where he met Carlos Zannini, former Legal and Technical Secretary under Cristina Fernández de Kirchner. As part of Grupo Electroingeniería, he holds business interests in public works and public tenders with the Argentinian Government, as well as with the Government of the province of Córdoba.

50%
Media Outlets
Other Media Outlets

Other TV Outlets

360TV (Buenos Aires)

Other Radio Outlets

Radio Del Plata (Buenos Aires)

Other Online Outlets

https//:www.amdelplata.com

Facts

Business

Nuclear energy

Electroingeniería División Nuclear S.A. (Centrales Atucha and Embalse)

Wind energy

EISA (Parque Eólico Los Jagüeles)

Hydroelectrical dams

Represas Patagonia (Condor Cliff and La Barrancosa)

Construction

Construction

Vialco

Thermal power stations

Electroingeniería S.A.

Industrial park

Parque Empresarial Aeropuerto S.A.

Electric power distribution

Intesar (Transener)

Water sanitation

Electroingeniería S.A.

Wine growing

Don Oreste

General Information

Founding Year

1977

Affiliated Interests Founder

Osvaldo Acosta

He founded Electroingeniería when, in the 1970s, he created an SME to manufacture electric panels. As part of Electroingeniería, he holds business interests in public works and public tenders with the Argentinian Government, as well as with the Government of the province of Córdoba, where the group was founded.

Employees

Missing data

Financial Information

Revenue (Financial Data/ Optional)

Missing data

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Missing data

Management

Executive Board

Osvaldo Acosta

President of the board

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Sources

Zunino, Edi (2009). Patria o medios: La loca guerra de los Kirchner por el control de la realidad. Sudamericana, Buenos Aires.

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