Cresud SACIF y A is a company in the agricultural business, based in Buenos Aires, Argentina. It was founded in 1936 and has been listed on the New York Stock Exchange since 1994. The company specializes in agriculture, real estate, and energy, operating in Argentina, Brazil, Paraguay, and Bolivia.
Cresud is the largest agricultural company in Argentina, owning and operating more than 1.2 million hectares of land in the region. It produces a variety of agricultural products such as grains, oilseeds, livestock, and dairy products, employing around 800 people in this sector.
In the real estate industry, Cresud has developed various projects including shopping centers, office buildings, and residential properties in multiple Argentine cities, as well as in Sao Paulo, Brazil, and Asuncion, Paraguay. The company owns over 1.2 million square meters of built area. It also operates in the real estate sector in Bolivia.
In the energy sector, Cresud is a leading producer of bioenergy in Argentina. The company annually produces about 750,000 tons of sugarcane and raw sugar, a large portion of which is converted into ethanol and electricity. Cresud also operates a biogas plant operated by local farmers, generating electricity.
Another product offered by Cresud is agricultural seeds. It holds a market share of over 60% in the commercial seed market in Argentina, producing various types of seeds including soybeans, corn, and wheat. The company also invests in biotechnological research to improve its seed offerings.
Cresud's business model is based on the philosophy of handling everything from production to processing in order to reduce costs and ensure high quality. The company also has a range of resources including its own machinery and equipment to ensure efficient production. Additionally, it works closely with local communities and government authorities to ensure fair and sustainable business practices.
In summary, Cresud SACIF y A is an agricultural company specializing in agriculture, real estate, and energy. It is a leading producer of agricultural products including grains, oilseeds, livestock, and dairy products, as well as agricultural seeds. Cresud also operates various development projects including shopping centers, office buildings, and residential properties in several Argentine cities, Brazil, and Paraguay. The company is also a major producer of bioenergy and operates a biogas plant for electricity generation. Cresud aims to promote sustainable and fair business practices, working closely with local communities and government authorities.
