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  September 5, 2001
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Home > Company Index > Materials & Construction > Heavy Construction > Grupo Tribasa, S.A. de C.V.

Grupo Tribasa, S.A. de C.V.
NYSE: GTR
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 PROFILE
It's trials and "tribulaciones" for Grupo Tribasa, one of Mexico's largest construction companies. It specializes in infrastructure projects and public works such as highways, usually working under concessions in which it provides financing, and then getting revenues (such as tolls) from projects. Tribasa also builds industrial facilities, mostly for the Mexican petrochemical industry. But Tribasa's in trouble: the firm is selling off assets in order to contend with its debt. Fumisa, a Mexican affiliate of venture capital firm Advent International, has filed a lawsuit against Tribasa claiming the company backed out on plans to hand over its rights to shares in Mexican airport group Asur to Fumisa.

 COMPETITION
Andean Development Corporation (ADCC)
Empresas ICA Sociedad Controladora S.A. de C.V. (ICA)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 422.70
1-Yr. Sales Growth: (17.2)%

 KEY PEOPLE
• David Peñaloza Sandoval
    CEO
• Manuel Delgado Lizárraga
    CFO

 CONTACT INFO
Bosque de Cidros No. 173
05120 México, D.F., Mexico
Phone: 52-5-229-7400
Fax: 52-5-229-7430
Online: Web Site

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