Construcciones El Condor is a leader of the road infrastructure sector of Colombia and ranks 2th for the growth of this sector in the year 2017 (2018 Semana Special Edition. The 100 largest companies in Colombia). In addition, the Company has carried out projects nationally and internationally of urbanism, railroads, hydroelectric and mining - using responsible engineering, mitigating environmental impacts, technology, innovation, technical capacity, and best practices, such as efficiency drivers and quality.
The certifications OHSAS 18001: 2007, ISO 14001: 2015 and ISO 9001: 2015, endorse the management procedures of the Company, recognize the work and excellence of its employees and are a pledge of guarantee to carry out successfully any type of project.
During the third quarter the company is still meeting the execution schedules to deliver the functional units for the various projects. Last September 5, ordinary bonds for $81.500 million were issued and placed in the second market. On the other hand, the Company confirms the partial release of the completed works, which was pending payment in the north sections of the Ruta al Mar project. In addition, the company confirms that, for the last quarter, the entire amount of accounts receivable as of June 30 of this year will be released. As part of the Framework Investment Agreement with ISA, we are continuing with the process to cede assets from our investment portfolio to the new vehicle, ad with the analysis of opportunities in the primary and secondary road infrastructure markets.
Knowledge, experience and patrimonial solidity have allowed to participate in some of the most important civil construction projects in the country since 1979, this has made the company a reference in the Colombian infrastructure sector.