Companhia de Saneamento de Minas Gerais (CSMG3)
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Companhia de Saneamento de Minas Gerais Profile
| Water Utilities Industry | Utilities Sector | Mr. Guilherme Augusto Duarte de Faria CEO | B3 Exchange | BRCSMGACNOR5 ISIN |
| Brazil Country | 9,542 Employees | 23 Sep 2025 Last Dividend | 26 Nov 2020 Last Split | 8 Feb 2006 IPO Date |
Overview
Companhia de Saneamento de Minas Gerais, more commonly known by its acronym, is a pivotal entity in Brazil's water supply and sewage treatment sector. The company's activities span across a broad spectrum, encompassing the planning, design, execution, expansion, remodeling, and management of water and sewage services not just within Brazil, but also on an international scale. Originally established as Companhia Mineira de Água e Esgotos, it underwent a name change in November 1974 to better reflect its expanded scope and capabilities. Founded in 1963, its headquarters is situated in Belo Horizonte, Brazil, marking its long-standing commitment to improving public sanitation and water management practices in the region.
Products and Services
- Water Supply
Companhia de Saneamento de Minas Gerais specializes in the supply of drinking water, ensuring that households and businesses across its service areas have access to clean, safe, and reliable water. This includes the entire process from source to distribution, highlighting the company's pivotal role in public health and wellbeing.
- Sewage Treatment
The company engages in the comprehensive collection, recycling, treatment, and final disposal of sanitary sewage. This process is crucial for preventing waterborne diseases and protecting water sources from pollution, thus ensuring the environmental and public health safety.
- Drainage and Management of Urban Rainwater
It plays a vital role in the management of urban rainwater, including its drainage systems. This service is essential for preventing flooding, reducing soil erosion, and managing stormwater in a way that supports sustainable urban development.
- Waste Management Services
The company also extends its expertise to the collection, transport, transfer, treatment, and proper disposal of urban, domestic, and industrial waste. By doing so, it addresses critical aspects of environmental protection and sustainability, ensuring that waste does not contribute to pollution or harm the ecosystem.
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