Annual Sustainability
Report
2011
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The Group’s good performance in 2011 evidences the correctness of the Algar Group’s strategic plan, and the good prospects for the domestic economy point out to emerging growth opportunities for the four segments of operations. The Group’s consolidated investments for 2012 are estimated at approximately R$465 million.

A major portion of those funds are intended to assure continuation of the ongoing projects concerning the main drivers for the Group’s growth. Algar Telecom plans to forge ahead with its expansion plan, as well as to continue investing in the Band H services that started up in 2011, so as to gradually increase its presence in the market.

Another significant portion will be earmarked for the projects geared to MAPITOPA, the region that covers the States of Maranhão, Piauí, Tocantins and Pará; and where, among other projects, the construction of the new Algar Agro’s refinery is in progress. The new refinery, whose inauguration is expected to take place during the first half of 2012, will hold a potential capacity to market over five million boxes of ABC de Minas soybean oil per year. This expansion will enable the Company to strikingly enlarge the brand presence both in the North and in the Northeast regions, which currently absorb 10% of the Company’s total output. 

Enhancing corporate governance processes and sustainability initiatives remain as one of our major commitments, which is reiterated year after year. The Algar Group’s business plan for 2012 entails the continuing improvement of risk control processes initiated in 2010, to be extended to all Algar companies. To that end, the Company will continue investing in the development of human talents of each company, as well as in the social initiatives coordinated by the Algar Institute. As for the environmental issues, all efforts are focused on projects that effectively converge to our commitment to continue reducing Greenhouse Gas Emissions (GGE). top