- Business
- Besalco S.A. operates as an engineering and construction company primarily in Chile and Peru. The company engages in construction and assembly projects encompassing civil works such as roads, tunnels, bridges, reservoirs, viaducts, gas pipelines, irrigation systems, hydroelectric plants, sanitary infrastructure, mining facilities, hospitals, stadiums, residential and commercial buildings, airports, seaports, and subway systems; real estate development including the design, construction, promotion, and sale of houses and apartments; machinery services providing leasing of heavy construction equipment, earthworks, crushing, sorting, processing, materials handling, salt harvesting, tailings dam operations, forest harvesting, debarking, ready-mixed concrete transportation, and chips chipping; concessions managing public and private infrastructure projects like roadworks, hydraulic reservoirs, ports, and airports; investments in renewable energy generation, hydroelectric plants, and electrical transmission systems including high, medium, and low voltage lines and substations; and additional services such as industrial plant engineering, air cargo, and consulting. Besalco S.A., founded in 1944 and headquartered in Las Condes, Santiago, Chile, structures its operations across these six core business areas through subsidiaries including Besalco Construcciones S.A. and Besalco-MD Montajes S.A. The company, formerly known as Sanz, Bezanilla y Salinas Limitada, changed its name to Besalco S.A. in January 1995 and maintains a workforce of over 17,000 employees with a focus on national and international projects in infrastructure, mining, energy, and real estate sectors. In recent developments, Besalco advances sustainable initiatives through non-conventional renewable energy projects and executes highlighted contracts such as electromechanical assembly via consortia of its construction and montages subsidiaries; it reports strong financial metrics with trailing twelve-month revenue of 1.08 trillion Chilean pesos and net income of 54.82 billion Chilean pesos as of the latest available data, alongside a substantial project backlog in Chile and Peru.