- Business
- EcoRodovias Infraestrutura e Logística S.A. (ECOR3.SA) operates as one of Brazil's largest highway concessionaires, managing approximately 4,800 kilometers of toll roads across 12 concessions in eight states, spanning key commercial corridors in the South, Southeast, North, Northeast, and Midwest regions; it also oversees a port asset under transition at the Port of Santos and a truck staging area. The company's core offerings include highway operation and maintenance, toll collection, infrastructure improvements such as road widening, paving, bridges, tunnels, and beltways; port operations encompassing cargo handling, storage, empty container services, and customs clearance; and associated logistics integration linking intermodal terminals, distribution centers, and ports to support import/export flows connecting major ports like Santos, Paranaguá, and Rio Grande. Its subsidiaries, including Ecovias dos Imigrantes, Ecopistas, Eco101 (now Ecovias Capixaba), EcoRioMinas, Ecovias do Araguaia, and Ecovias Noroeste Paulista, serve diverse customers such as freight transporters, commuters, agricultural producers, and industrial shippers, primarily within Brazil.
Founded in 1997 and headquartered at Rua Gomes de Carvalho, 1510, in São Paulo, Brazil, EcoRodovias focuses on import/export corridors, tourist routes, and grain transport links, positioning it as a critical player in Brazil's infrastructure sector with around 5,400 employees. A subsidiary of Italy's ASTM Group, it listed on B3's Novo Mercado in 2010 following its IPO and has pursued strategic growth through auctions, establishing control via Igli.
In recent developments, EcoRodovias won and began operations for the Nova Raposo Lot (Ecovias Raposo Castello) in 2024, adding urban stretches of SP-280 (Castello Branco) and SP-270 (Raposo Tavares) highways linking São Paulo's metropolitan region to Santos Port, with toll collection starting in March 2025; it also signed amendments to key concession agreements, including the Ecovias 101 contract on August 26, 2025, extending the term to 24 years and rebranding to Ecovias Capixaba, alongside amendments for Ecovias Leste Paulista and Ecovias Imigrantes. The company completed long-term financings for Ecovias Noroeste Paulista (September 2025) and EcoRioMinas (January 2025), tapped R$2 billion in debt markets, issued debentures, and executed an exchange offer; it further manages Ecoporto Santos under a transition contract signed December 2024 and underwent a brand repositioning in March 2025. These moves, including six new concessions since 2018 representing nearly 50% of adjusted EBITDA, extend average contract terms beyond 20 years and solidify its market leadership.