Siderurgica Venezolana SA
BBVCA:SVS1,380.00
VES
+170.00
(+14.05%)
ISIN
VEV001141002
Return %
Stock
S&P 500
1Y
1,553.68
14.20
3Y
50,264.96
81.12
5Y
150.91
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Oscar Augusto Machado Koeneke
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Caracas Venezuela
- IPO Date
- May 17, 2005
- Website
- sivensa.com.ve
- Similar Companies
- Business
- Siderurgica Venezolana SA (Sivensa) is a Venezuela-based industrial holding company primarily engaged in the manufacturing, processing, and distribution of steel products, metallic raw materials, and specialized metalworking solutions. Founded in 1948 and headquartered in Caracas, Venezuela, the company historically operates across the metallurgical, construction materials, and heavy industry sectors. Sivensa's core portfolio and business segments encompass long steel products, including reinforcing steel bars (rebar), merchant bars, and structural shapes; semi-finished steel goods, such as continuously cast steel billets and blooms; wire rod and drawn wire derivatives, comprising electro-welded wire mesh, galvanized wires, nails, and industrial fasteners; metallic raw materials, including hot briquetted iron (HBI) and direct reduced iron (DRI); ferrous scrap collection, processing, and metal recycling services; and industrial engineering, equipment maintenance, and metallurgy consultancy. The company primarily targets the civil construction, infrastructure, agricultural, metal manufacturing, and automotive parts supply chains within Venezuela and select regional Latin American markets. In recent developments, Sivensa has focused on corporate, operational, and financial restructuring to navigate domestic macroeconomic challenges and ongoing asset disputes arising from historical nationalization decrees affecting key production subsidiaries, including Sidetur and International Briquettes Holding (IBH). The company continues to actively pursue legal, administrative, and arbitration channels to obtain fair compensation and indemnification for expropriated assets, while executing capital preservation measures, liabilities restructuring, and selective commercial trading and distribution alliances to sustain its ongoing corporate activities and maintain listing compliance on the Caracas Stock Exchange (BVCA).