Sociedade de Construções Soares da Costa Profile

Dublin Core

Title

Sociedade de Construções Soares da Costa Profile

Source

PT BUILDS

Rights

PT BUILDS

Coverage

1918-present, Vila Nova de Gaia, Portugal

Firm Item Type Metadata

Head Office Location

Rua Daciano Baptista Marques, 245, Lake Towers D, Piso 3, 4400-617 Vila Nova Gaia - Portugal

Foundation Date

1918

Profile

In 1918, José Soares da Costa founded the company in Rua do Almada, Porto. It began by having only 10 workers, dedicating themselves mainly to the execution of high-quality finishings and fine gold paintings, a technique that José Soares da Costa learned in France. The first commercial registration is from 1925, at the Oporto Commercial Registry Office, under the individual name of the founder. The name of the company changed several times. In 1938 the name changed to "Viúva de José Soares da Costa", in 1944 to "Soares da Costa Lda.", in 1968 to "Sociedade de Construções Soares da Costa, SARL" and in 1988 to "Sociedade de Construções Soares da Costa, SA". At the end of the 20th century, Soares da Costa was already dedicating itself also to the construction sector, concessions and real estate. 

It was in the construction, especially with the technology of "cofragem túnel", that the company found the door leading to a continuous growth. In the 1960s Soares da Costa expanded its activity to the whole Portuguese territory and in the early 1980s it began its international expansion, starting with Venezuela and Guinea-Bissau. It is also in the same decade that, by taking advantage of the growth of infrastructures in the country that the European Community announced, the company's activity is extended to the construction of infrastructures. Now the company was widening its spectrum of buildings, including roads, bridges, overpasses, railways, WWTPs, hospitals, schools, office buildings and residential buildings.

In 1988, following a change in the internal shareholding, the company went throught a period of greater exposure to the financial market, even so it didn't lose its family character. During the 1980s and 1990s, the Company's international activity diversified and exports grew, being present in Iraq, Macao, Egypt, Guyana, Angola, Mozambique, Cape Verde and Germany. The Company entered the US market in 1994 with the formation of SDC Contractor Inc. In 2002 a new restructuring took place which led to the creation of the economic group "Soares da Costa, SGPS, SA", replacing "Sociedade de Construções Soares da Costa, SA", which in turn fully owns the four other holding companies, each heading the holdings of the respective business segment. For example, "Soares da Costa Construção, SGPS, SA" has the mission of managing the entire construction business.

Click on the selected works below to know more about them:

Hotel dos Aliados, Porto
Aeroporto Internacional de Macau, China
Ponte de São João, Porto

Timeline

The timeline of woks done by/with the collaboration of Soares da Costa

Collection

Citation

PT BUILDS, “Sociedade de Construções Soares da Costa Profile,” Portugal Builds, accessed October 4, 2024, https://portugalbuilds.org/items/show/4.

Output Formats

Geolocation

Item Relations

This Item Relation Item: José Soares da Costa Profile
Item: Barragem de Odeleite, Castro Marim, Construção Relation This Item
Item: Aeroporto de Macau, China, Construção Relation This Item
Item: Hotel dos Aliados, Porto, Construção Relation This Item
Item: Linha do Norte_Ponte de São João, Porto Relation This Item