Semapa Explained

Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.
Type:Public (Sociedade Anónima)
Foundation:1991
Location:Lisbon, Portugal
Industry:Conglomerate
Key People:Pedro Queiroz Pereira (Chairman and CEO)
Revenue:1.381 billion (2010)[1]
Operating Income:€282.8 million (2010)
Net Income:€126.7 million (2010)
Assets:€3.570 billion (end 2010)
Equity:€1.244 billion (end 2010)
Num Employees:5,170 (end 2010)
Subsid:Portucel Soporcel, Secil, Grupo ETSA

Semapa - Sociedade de Investimento e Gestão (English: Semapa - Investment and Management Company) is a Portuguese conglomerate holding company with interests in the cement, pulp and paper and environmental services sectors.

The company owns 76.7% of The Navigator Company, previously known as Portucel Soporcel, Europe's largest producer of bleached eucalyptus kraft pulp.[2] It also holds 51% of Secil Group, a manufacturer of cement and its derivatives; and 100% of ETSA, a waste management firm involved in the collection, storage and treatment of animal by-products.

The company is listed on Euronext Lisbon stock exchange and is a constituent of the PSI 20 index.

Notes and References

  1. Web site: Annual Report 2010 . 25 July 2011 . Semapa . dead . https://web.archive.org/web/20120328041909/http://www.semapa.pt/pdf/RELCONS_2010_EN.pdf . 28 March 2012 .
  2. News: Portucel's profit falls 38%, gives bleak forecast. Khalip. Andrei. 28 October 2009. Reuters. 4 January 2010.