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Industry Center - Residential Construction
Industry Center > Residential Construction > Consorcio ARA, S.A. de C.V. Company Profile
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Consorcio ARA, S.A. de C.V. Company Profile
Su casa es Consorcio ARA's business. One of Mexico's top developers and builders of affordable housing, the company constructs entry-level and middle-income housing units and boasts a 35 million sq. meter land bank. It also leases mini-supermarkets and other commercial properties. Consorcio ARA provides such services as land location and buying, licensing and permit management, design, and general contracting. In addition, it is Mexico's fifth largest producer of concrete, all of which it, ahem, pours into its construction projects. Founded in 1977 by Luis Felipe Russek and Germán Ahumada Russek, Consorcio ARA went public in 1996, becoming one of Mexico's first housing developers to do so.
Contact Information
Address: Bosques de Ciruelos No. 140-1er, piso, Bosques de las Lomas, Del
11700 México, D.F., Mexico
Phone:+52-55-5246-3100
Fax:+52-55-5596-8864
Financial Highlights
Fiscal Year End:December
Revenue (2008):505.00 M
Revenue Growth (1 yr):(-40.40%)
Employees (2007):9,437
Key People
Chairman and General Director, Housing: Germán Ahumada Russek
Operations Director: Vicente Naves Ramos
Finance Director and CFO: Donald Forseck Orive
Industry Information
Sector: Industrial Goods
Industry: Residential Construction
Top Competitors
Desarrolladora Homex, S.A. de C.V. (hxm)
Corporación Geo, S. A. B. de C. V.
Urbi Desarrollos Urbanos, S.A.B. de C.V.
 


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