Grupo EBX
| Grupo EBX
|
|
|---|---|
 |
|
| legal form | Holding company |
| founding | 1983 |
| Seat | Rio de Janeiro , Brazil |
| management | Eike Batista , CEO |
| Number of employees | 13,000 (as of 2010) |
| Branch | Oil and gas exploration, power generation, steel making, logistics and entertainment |
| Website | www.ebx.com.br |
The EBX Group is a Brazilian holding company , founded in 1983 by entrepreneur and billionaire Eike Batista , who is also its chairman. All companies in the group have an "X" at the end of their name, which according to EBX owner Eike Batista symbolizes the "multiplication of wealth".
The EBX holding company includes joint-stock companies and non- listed companies listed on the BM & FBovespa stock exchange . The top five companies are OGX, OSX, MPX, MMX, and LLX. OGX is dedicated to the production of crude oil and natural gas, OSX to the manufacture of conveyor systems through to complete drilling rigs, MPX to the generation of electrical energy, MMX to iron ore extraction and steel production. LLX is the name of the group's logistical complex with a “super port” and an attached industrial area as a prestige property in which Batista intends to invest a total of 2.5 billion dollars and which should attract investments of 36 billion dollars in the region.
The entire company was valued at around $ 45 billion in mid-2010 and employed 13,000 people.
The company operates in the mining, real estate, energy including renewable energy and entertainment sectors. EBX is based in Flamengo , Rio de Janeiro .
Deep water port projects
In July 2010, EBX began building a deep-water port in Itaguaí , Rio de Janeiro state. In October 2013 Batista sold the majority of this port project to the Mubadala Development Company , based in Abu Dhabi, and the Dutch Trafigura Group .
The EBX Group is currently planning and starting in 2012 with the construction of the Açu Superport , a deep water port and one of the largest investments in port infrastructure in Latin America. The huge port area with industrial facilities, which is being dredged and built near São João da Barra , state of Rio de Janeiro on the Atlantic Ocean over an area of 90 square kilometers, should in future have the same capacity and efficiency as the most important ports in Asia and Europe. Here, giant tankers (up to 25 meters draft), which land the Brazilian oil produced offshore , will be able to moor at a jetty that extends three kilometers into the sea.
Companies
The situation has been confusing since the holding company's demise in mid-2013. Previously it consisted of the following companies, among others:
Listed companies:
- OGX, from 2013 Óleo e Gás: Exploration and production of oil and natural gas: The IPO in 2008 brought in 4.1 billion euros and was the largest in the history of Brazil. OGX took over the large deep-sea oil field Tubarão-Azul from the Petrobras group . As of 2012, only a tenth of the planned production volume had been achieved, partly because the oil deposit is hidden under a thick layer of salt.
- LLX: logistics. The majority of LLX was transferred to the infrastructure fund EIG Group in October 2013 . In December 2013, the name was changed to Prumo (Portuguese: Prumo Logística Global , English: Prumo Global Logistics ).
- MMX: iron ore mining
- MPX, from 2013 Eneva: power generation and prospecting. Eneva, of which Eon holds 43 percent and Batista 20 percent as of 2014, filed for bankruptcy in December 2014.
- OSX (IPO 2010): Manufacturing of offshore conveyor systems including complete drilling rigs
- CCX: coal mining
Unlisted companies:
- AUX: gold mines in Colombia. In June 2012, the Qatar Investment Authority bought 49 percent of the shares.
- IMX: sport and entertainment. IMX is a joint venture between the International Management Group (IMG) and Grupo EBX. It is the largest sports and entertainment management company in South America.
- MSX: Shipyard that was to build drilling platforms and tankers for OGX's oil
- JPX, closed: Jeeps
- BFX: bio alcohol
- MD.X: day hospital
- Mr Lam: Chinese restaurant
- Pink Fleet: Passenger ferry in Guanabara Bay
- Port of Peruíbe
- REX: Real estate company: This includes the Hilton Gonçalves dos Santos hotel project. The hotel, which was leased by the Flamengo Rio de Janeiro football club , was to be expanded into a luxury hotel with 452 rooms; construction work has been on hold since the economic decline of EBX.
- Hotel Glória: Batista bought the hotel in 2008 in a shabby state. Extensive renovations should have turned it into a luxury hotel and the headquarters of the holding company. The building ruin was sold to the Swiss real estate company Acron in early 2014.
Web links
- Homepage of Grupo EBX
- Brazil's EBX files EIS for $ 4.4 bln Chile project - Reuters message dated February 18, 2010
- Industrial port near Rio de Janeiro, Eike Batista builds his world of gigantomania . In: FAZ , August 25, 2010
Individual evidence
- ↑ LLX begin construction of Sudeste Superport. ( Memento of the original from December 26, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. In: prumologistica.com.br . July 1, 2010 (English).
- ↑ Batista surrenders majority in new port of Itaguai . WSJ.de. October 15, 2013. Retrieved March 15, 2014.
- ↑ Video on the website of the group from the project ( Memento of the original from April 27, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. (English / Portuguese)
- ↑ LLX website on the status of work on the Açu Superport ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (English)
- ↑ Constantin Wissmann: The deep fall of Eike, the bold . www.zeit.de. July 13, 2013. Retrieved June 14, 2014.
- ↑ LLX is now Prumo . Prumo. December 11, 2013. Archived from the original on December 27, 2013. Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved January 28, 2014.
- ↑ Eon participation in Brazil at the end . Manager magazine. December 10, 2014. Retrieved December 10, 2014.
- ^ Mubadala has a strategic partnership agreement with the EBX Group (“EBX”) of Brazil. Retrieved March 30, 2014
- ↑ Cristiane Lucchesi: Batista Said to Sell 49% of AUX to Qatar for $ 2 Billion . Bloomberg. June 22, 2012. Retrieved March 30, 2014.
- ↑ Strategic Initiatives> Brazil - IMX ( Memento of the original from September 22, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved March 30, 2014
- ↑ Luciana Magalhaes: Batista bankruptcy tears big gaps in Rio . WSJ.de. January 15, 2014. Retrieved March 15, 2014.
- ↑ Swiss buy a hotel on the Sugar Loaf . Neue Zürcher Zeitung online. February 5, 2014. Retrieved March 10, 2014.
