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Synergy Group

Synergy Group Corp. is a South American conglomerate created and owned by Germán Efromovich. The group is headquartered in Rio de Janeiro, Brazil.[1] It operates several airlines in South America, among which are Avianca Group (formerly Avianca Holdings & AviancaTaca Holding), with a 66.66% stake,[2] and is active in the exploration of oil and natural gas throughout the region. Additionally, it operates hydroelectric power plants, participates in the construction of telecommunications infrastructure, shipbuilding and technical inspections, radiochemistry, radiopharmaceuticals, agriculture and hospitality.[3]

Synergy Group Corp.
TypeCorporation
IndustryConglomerate
Founded2003
HeadquartersSão Paulo, Brazil
Key people
ProductsAirline industry, aerospace, Oil & Gas, shipyard
Revenue US$ 10.0 billion (2011)
Number of employees
40,000 (2013)
Subsidiaries
  • AEQ Aeroespacial
  • Digex Aircraft Maintenance
  • EAE Aerospace Solutions
  • EISA Shipping Agency
  • REM
  • Senior Taxi Aéreo
  • Synergy Aerospace
  • Synergy Europe
  • Synerjet Brasil
Websitewww.synergygroupcorp.com

Synergy Group had integrated the airlines and companies of TACA Airlines with Avianca under a holding company, Avianca Holdings. The Synergy Group owns 66.66% of the newly created subsidiary company. Kingsland Holding (El Salvador)[4] owns the other 33.33% of Avianca-TACA.[5][6]

Synergy Aerospace Corp. a sub-division of Synergy Group, is headquartered in Bogota, Colombia.[7] It is the major shareholder of Avianca Holdings. The company controls eight airlines in four countries: Avianca and Tampa Cargo in Colombia, Avianca Brasil, VarigLog and Synerjet in Brazil, VIP and AeroGal in Ecuador and Grupo TACA in El Salvador.[6] In November 2012, Synergy Aerospace Corp. established Synergy Aerospace Europe.

Synergy Aerospace established a joint venture in March 2011, with Israel Aerospace Industries.[8] Brazil-based company EAE Aerospace Solutions was established to become the shareholder and holding company of the group’s activities in Brazil. Synergy wants to invest in Flight Technologies,[9] a manufacturer of tactical UAVs for the Brazilian Army, based in São José dos Campos.[10] The joint venture will offer advanced defense systems, such as unmanned aerial vehicles, Multi Mission Transporters, mission and fighter aircraft upgrades, intelligence surveillance and reconnaissance advanced systems and radars.

The Synergy Group also has relevant activities, including the control of the EISA Shipping Agency,[11] currently building a 500-ton patrol ship for the Brazilian Navy, and the Brazilian Digex company, operating in aircraft maintenance area.[12]

Synergy Aerospace was a candidate in the acquisition of Portuguese state carrier TAP Portugal. In November 2012, Synergy Group created Synergy Europe based in Luxembourg, to deal with the possible takeover of the Portuguese airline. All European activities would be handled by its European subsidiary.[13] Through this unit, the company was planning to partner with European investors, including Portuguese airline EuroAtlantic Airways.[14] In June 2015, Synergy lost the bid to the Gateway consortium, that includes Portuguese bus owner Humberto Pedrosa and Brazilian David Neeleman (Azul Brazilian Airlines).[15]

Subsidiaries

  • AEQ Aeroespacial
  • Digex Aircraft Maintenance S.A.
  • EAE Aerospace Solutions
  • EISA Shipping Agency
  • REM
  • Senior Taxi Aéreo
  • Synergy Aerospace
  • Synergy Europe
  • Synerjet Brasil

See also

References

  1. ^ Official Website July 12, 2012, at the Wayback Machine (temporarily not available)
  2. ^ Synergy Group signs up for US$ 630m deal with Rolls-Royce The Manufacturer Online, 13 July 2012
  3. ^ . Latintrade.com. 2011-05-25. Archived from the original on 2013-09-27. Retrieved 2013-06-29.
  4. ^ "Avianca-Taca Venture Builds Biggest Latin Air Network (Update1)". Bloomberg. 2009-10-07.
  5. ^ AviancaTaca and Tampa Cargo Owner Synergy Orders Six A330-200s, Three A330-200Fs airlinesanddestinations.com, 12 July 2012
  6. ^ a b . Archived from the original on 2014-12-22. Retrieved 2012-09-24.
  7. ^ "News - Media Centre". Bombardier. Retrieved 2013-06-29.
  8. ^ IAI, Synergy Group Embark on Expansion Plan in Brazil Defense update, 14 April 2011
  9. ^ Flight Technologies
  10. ^ Flight Technologies - Inteligência, Comando e Controle [https://web.archive.org/web/20130821142246/http://www.flighttech.com.br/template.php?pagina=localizacao.php Archived August 21, 2013, at the Wayback Machine
  11. ^ Eisa shipyard works will begin this year July 19, 2013, at the Wayback Machine TOS International Martitima, 28 March 2012
  12. ^ Israeli Aerospace expands in Brazil UPI, 15 April 2011
  13. ^ Young, Kathryn M. (2012-10-19). "Portugal selects Synergy Aerospace for TAP privatization | News content from". ATWOnline. Retrieved 2013-06-29.
  14. ^ [1][dead link]
  15. ^ Euronews - 11/06/2015

External links

  • CAPA - Centre for Aviation: TAP Portugal’s privatisation enters final stage, with Avianca-TACA parent emerging as only bidder
  • Ecopetrol interview with Synergy Group head German Efromovich, May-June 2005
  • El Espectador newspaper in Colombia avianca-se-integra-taca

synergy, group, corp, south, american, conglomerate, created, owned, germán, efromovich, group, headquartered, janeiro, brazil, operates, several, airlines, south, america, among, which, avianca, group, formerly, avianca, holdings, aviancataca, holding, with, . Synergy Group Corp is a South American conglomerate created and owned by German Efromovich The group is headquartered in Rio de Janeiro Brazil 1 It operates several airlines in South America among which are Avianca Group formerly Avianca Holdings amp AviancaTaca Holding with a 66 66 stake 2 and is active in the exploration of oil and natural gas throughout the region Additionally it operates hydroelectric power plants participates in the construction of telecommunications infrastructure shipbuilding and technical inspections radiochemistry radiopharmaceuticals agriculture and hospitality 3 Synergy Group Corp TypeCorporationIndustryConglomerateFounded2003HeadquartersSao Paulo BrazilKey peopleJose Efromovich Chairman German Efromovich CEO ProductsAirline industry aerospace Oil amp Gas shipyardRevenueUS 10 0 billion 2011 Number of employees40 000 2013 SubsidiariesAEQ Aeroespacial Digex Aircraft Maintenance EAE Aerospace Solutions EISA Shipping Agency REM Senior Taxi Aereo Synergy Aerospace Synergy Europe Synerjet BrasilWebsitewww wbr synergygroupcorp wbr comSynergy Group had integrated the airlines and companies of TACA Airlines with Avianca under a holding company Avianca Holdings The Synergy Group owns 66 66 of the newly created subsidiary company Kingsland Holding El Salvador 4 owns the other 33 33 of Avianca TACA 5 6 Synergy Aerospace Corp a sub division of Synergy Group is headquartered in Bogota Colombia 7 It is the major shareholder of Avianca Holdings The company controls eight airlines in four countries Avianca and Tampa Cargo in Colombia Avianca Brasil VarigLog and Synerjet in Brazil VIP and AeroGal in Ecuador and Grupo TACA in El Salvador 6 In November 2012 Synergy Aerospace Corp established Synergy Aerospace Europe Synergy Aerospace established a joint venture in March 2011 with Israel Aerospace Industries 8 Brazil based company EAE Aerospace Solutions was established to become the shareholder and holding company of the group s activities in Brazil Synergy wants to invest in Flight Technologies 9 a manufacturer of tactical UAVs for the Brazilian Army based in Sao Jose dos Campos 10 The joint venture will offer advanced defense systems such as unmanned aerial vehicles Multi Mission Transporters mission and fighter aircraft upgrades intelligence surveillance and reconnaissance advanced systems and radars The Synergy Group also has relevant activities including the control of the EISA Shipping Agency 11 currently building a 500 ton patrol ship for the Brazilian Navy and the Brazilian Digex company operating in aircraft maintenance area 12 Synergy Aerospace was a candidate in the acquisition of Portuguese state carrier TAP Portugal In November 2012 Synergy Group created Synergy Europe based in Luxembourg to deal with the possible takeover of the Portuguese airline All European activities would be handled by its European subsidiary 13 Through this unit the company was planning to partner with European investors including Portuguese airline EuroAtlantic Airways 14 In June 2015 Synergy lost the bid to the Gateway consortium that includes Portuguese bus owner Humberto Pedrosa and Brazilian David Neeleman Azul Brazilian Airlines 15 Contents 1 Subsidiaries 2 See also 3 References 4 External linksSubsidiaries EditAEQ Aeroespacial Digex Aircraft Maintenance S A EAE Aerospace Solutions EISA Shipping Agency REM Senior Taxi Aereo Synergy Aerospace Avianca Group Synergy Europe Synerjet BrasilSee also EditList of Firms with IATA coded air carrier business holdings or subsidiaries in South AmericaReferences Edit Official Website Archived July 12 2012 at the Wayback Machine temporarily not available Synergy Group signs up for US 630m deal with Rolls Royce The Manufacturer Online 13 July 2012 Efromovich Hardworking Visionary Latin Trade Group Latintrade com 2011 05 25 Archived from the original on 2013 09 27 Retrieved 2013 06 29 Avianca Taca Venture Builds Biggest Latin Air Network Update1 Bloomberg 2009 10 07 AviancaTaca and Tampa Cargo Owner Synergy Orders Six A330 200s Three A330 200Fs airlinesanddestinations com 12 July 2012 a b Synergy Aerospace firms up order for nine Airbus A330 Family aircraft Airbus Press release Archived from the original on 2014 12 22 Retrieved 2012 09 24 News Media Centre Bombardier Retrieved 2013 06 29 IAI Synergy Group Embark on Expansion Plan in Brazil Defense update 14 April 2011 Flight Technologies Flight Technologies Inteligencia Comando e Controle https web archive org web 20130821142246 http www flighttech com br template php pagina localizacao php Archived August 21 2013 at the Wayback Machine Eisa shipyard works will begin this year Archived July 19 2013 at the Wayback Machine TOS International Martitima 28 March 2012 Israeli Aerospace expands in Brazil UPI 15 April 2011 Young Kathryn M 2012 10 19 Portugal selects Synergy Aerospace for TAP privatization News content from ATWOnline Retrieved 2013 06 29 1 dead link Euronews 11 06 2015External links EditWebsite Synergy Group CAPA Centre for Aviation TAP Portugal s privatisation enters final stage with Avianca TACA parent emerging as only bidder Edvaldo Pereira Lima Avianca Aims for Latin Leadership Air Transport World June 2005 Ecopetrol interview with Synergy Group head German Efromovich May June 2005 El Espectador newspaper in Colombia avianca se integra taca EISA Shipyard websitePortals Brazil Colombia Energy Retrieved from https en wikipedia org w index php title Synergy Group amp oldid 1135110545, wikipedia, wiki, book, books, library,

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