- Business
- CLERHP Estructuras, S.A. (CLR.MC) engages in structural engineering, construction, real estate development, and related services primarily in Spain, the Dominican Republic, and Paraguay. Founded in 2011 and headquartered in Murcia, Spain, the company operates through subsidiaries including CLERHP Estructuras España for design and calculation; Inecar for construction in the Dominican Republic; and CLERHP Estructuras Paraguay for construction activities there; it offers design and calculation of reinforced concrete, steel, and wood structures for high-rise buildings, offices, hotels, schools, universities, government buildings, wind towers, condominiums, and houses; technical assistance and on-site monitoring during construction; project management services; construction of structures utilizing proprietary technology, equipment, and training with local labor; equipment rental for heavy machinery; research, development, and innovation (I+D+i) including BIM methodologies, augmented reality tools via subsidiaries like Civigner and Vt Lab; and real estate promotion through Larimar City & Resort in Punta Cana, Dominican Republic, encompassing 22,000 apartments and villas, six hotels, golf course, shopping center, hospital, university, schools, offices, business centers, casino, promenades, pools, and artificial beaches under the Confotur tax regime. The company listed on BME Growth, maintains a backlog exceeding EUR 125 million concentrated in the Dominican Republic (85%), including key contracts for Shalem Palm Village (24,000 apartments, hotels, shopping center, hospital, schools) providing EUR 14 million in engineering/construction and EUR 57 million in project management over 10 years. Recent developments encompass the 2022 launch of Larimar City & Resort with initial sales of EUR 59.7 million in 2023 rising to EUR 72.5 million by March 2024 and first deliveries by end-2025; a 45% stake in local constructor Rodavi Internacional for Larimar labor; a management agreement with Archipelago International for short-term rentals of 1,000 Larimar homes and the Grand Aston Golf Hotel and Branded Residences; a EUR 10 million equity commitment with LDA Capital; capital increases in 2023-2024 alongside a EUR 50 million debt program completion targeted for late 2024; divestiture of Bolivia operations with payment due December 2024; and robust first-half 2024 results reflecting engineering/construction growth and Larimar progress, positioning CLERHP for sustained expansion in tourism/residential development.