Today, AEV is recognized as one of the best-managed companies in the Philippines and in the region and is consistently cited for its commitment to good corporate governance and corporate social responsibility. With five generations of Aboitiz Group business success behind it, AEV is moving forward, pursuing its vision to be a truly sustainable enterprise that can be entrusted to future generations.
Learn more about how the company, through its strategic business units, is advancing business and communities by visiting our official news website, Aboitiz Eyes.
Power
Aboitiz Power Corporation, a vertically integrated company engaged in power generation, distribution, and energy supply, is one of the largest private power producers in the Philippines. The Generation Group harnesses power from a right-mix portfolio of renewable (hydro, geothermal and solar) and non-renewable (coal and oil) sources through its 46 generation facilities across the country. The company’s hydro group is the pioneering industry leader in the development of small to medium hydroelectric plants over the past 39 years.
With over 70 years of experience in the power distribution sector, AboitizPower’s Distribution Group is currently composed of 8 utilities, including the nation’s second and third-largest, which supply electricity to high-growth areas in Central Luzon, Visayas, and Mindanao. The Group continues to implement innovative and efficient ways to serve the growing needs of over 917,000 customers.
Banking and Financial Services
Union Bank of the Philippines (UnionBank) is a publicly listed universal bank that distinguishes itself through superior technology, unique branch sales and service culture, and centralized backroom operations. It is consistently recognized as one of Asia’s leading companies in banking and finance, ranking among the country’s top 10 universal banks in terms of key performance ratios in profitability, liquidity, solvency, and efficiency.
City Savings Bank is the thrift bank subsidiary of UnionBank and a member of the Aboitiz Group. The whole organization is geared towards making the financing experience for the public school teachers easy and convenient, ensuring high touch at any level of customer interaction. It now has 100 branches nationwide.
PETNET is the country’s largest Western Union agent network with its 2,200-branch network composed of company-owned and sub-agent locations. In addition, it is geared towards providing complementary products such as foreign exchange, bills payment, airline ticketing, cellphone loads, and micro-insurance.
FOOD
The Food Group, composed of Pilmico Foods Corporation and Gold Coin Management Holdings, Ltd. (Gold Coin), is the integrated agribusiness and food company of the Aboitiz Group. Pilmico is a leader in operating efficiency, manufacturing flour and wheat by-products in the Philippines. It has also been a strong player in animal feeds and swine production since establishing these businesses in the late 1990s. Meanwhile, Gold Coin is a pioneer in animal nutrition and in manufacturing scientifically-based animal feed in Asia.
With the acquisitions of Vinh Hoan Feeds in 2014 and Gold Coin in 2019, the Food Group is currently building capacities and capabilities to sustain profitability and grow its businesses both in the Philippines and in the ASEAN region.
INFRASTRUCTURE
Aboitiz InfraCapital Inc. is the fifth business leg that undertakes all infrastructure and infrastructure-related investments of the Aboitiz Group. AIC is poised to take advantage of the growth momentum and the government’s commitment to bolster further advancement, by building the right infrastructure that will advance business and communities.
The Republic Cement Group, AEV’s partnership with CRH plc, is the country’s second-largest local cement manufacturing and distribution company. It operates six cement facilities across Luzon, Visayas, and Mindanao producing over 25 percent of the cement requirements of the country.
APO Agua Infrastructura, Inc. is a joint venture between AEV and J.V. Angeles Construction Corporation. APO Agua signed an agreement with the Davao City Water District to build one of the country’s largest private bulk water supply project with a capacity of at least 300 million liters per day of potable water sourced from the Tamugan to benefit Davao City’s one million residents.
Land
AboitizLand, Inc. (AboitizLand) is the real estate arm of Aboitiz Group, engaging in the design and development of distinct communities for residential use. After achieving market leadership in Cebu, AboitizLand began its national expansion efforts in 2014 through the acquisition of LIMA Technology Center in Batangas, before widening its foothold by launching several residential communities in the region including Seafront Residences and Ajoya communities in Cabanatuan, Nueva Ecija, Capas, Tarlac and Mexico, Pampanga. It also entered the Metro Manila real estate scene through its partnership with Point Blue, which are micro-studio rental apartments located in key business districts.