Synergy Group Corp. is a

South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the southe ...

n conglomerate created and owned by

Germán Efromovich Germán Efromovich (born 1950 in La Paz) is a Bolivian-born entrepreneur with multiple citizenship: Brazilian, Colombian, and Polish. He was born into a family of Polish Jews.

. The group is headquartered in

Rio de Janeiro Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the state of the same name, Brazil's third-most populous state, and the second-most populous city in Brazil, after São Paulo. Listed by the GaWC as a b ...

, Brazil. It operates several

airline An airline is a company that provides civil aviation, air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or Airline alliance, alliances with other airlines for ...

s in

, among which are

Avianca Group Avianca Group International Limited (formerly Avianca Holdings S.A. and AviancaTaca Holding Inc.) is a pan-regional Latin American multinational airline holding company with its registered office in St Albans, England, and its global headquarters ...

(formerly Avianca Holdings & AviancaTaca Holding), with a 66.66% stake, and is active in the exploration of

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...

and

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...

throughout the region. Additionally, it operates

hydroelectric power plants Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and ...

, participates in the construction of

telecommunication Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...

, shipbuilding and technical inspections, radiochemistry, radiopharmaceuticals, agriculture and hospitality. Synergy Group had integrated the airlines and companies of

TACA Airlines Transportes Aereos del Continente Americano, (''Air Transports of the American Continent'', known and branded formerly as TACA International), operating as Avianca El Salvador, is an airline owned by Kingsland Holdings based in El Salvador. As ...

with

Avianca Avianca S.A. (acronym in Spanish for ''Aerovias del Continente Americano S.A.'', "Airways of the American Continent") is a Colombian airline. It has been the flag carrier of Colombia since December 5, 1919, when it was initially registered under ...

under a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

, Avianca Holdings. The Synergy Group owns 66.66% of the newly created

subsidiary company A subsidiary, subsidiary company or daughter company is a company (law), company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company ...

Kingsland Holding Kingsland may refer to: Places ;Barbados * Kingsland, Barbados (in Christ Church, Barbados Parish) ;Canada * Kingsland, Calgary, Alberta, a neighborhood ;Australia * proposed alternative name for the Northern Territory in 1912 ;New Zealand * Kings ...

(

El Salvador El Salvador (; , meaning " The Saviour"), officially the Republic of El Salvador ( es, República de El Salvador), is a country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south b ...

) owns the other 33.33% of Avianca-TACA.

Synergy Aerospace Corp. Synergy is an interaction or cooperation giving rise to a whole that is greater than the simple sum of its parts. The term ''synergy'' comes from the Attic Greek word συνεργία ' from ', , meaning "working together". History In Christian ...

a sub-division of Synergy Group, is headquartered in Bogota,

Colombia Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the Car ...

. It is the major shareholder of Avianca Holdings. The company controls eight airlines in four countries: Avianca and

Tampa Cargo Avianca Cargo (formerly ''Tampa Cargo - Transportes Aereos Mercantiles PanAmericanos S.A.'') is a cargo airline based at José María Córdova International Airport José María Córdova International Airport is an international airport loca ...

in Colombia, Avianca Brasil, VarigLog and Synerjet in Brazil,

VIP A very important person or personage (VIP or V.I.P.) is a person who is accorded special privileges due to their high social status, influence or importance. The term was not common until sometime after World War 2 by RAF pilots. Examples inc ...

and

AeroGal Avianca Ecuador S.A. (formerly known as AeroGal) is an airline based in Quito, Ecuador. It operates passenger and cargo flights within Ecuador, between the mainland and the Galápagos Islands, and between Ecuador and Colombia (on behalf of Avia ...

Ecuador Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechua: ''Ikwadur Ripuwlika''; Shuar: ''Eku ...

and

Grupo TACA Transportes Aereos del Continente Americano, (''Air Transports of the American Continent'', known and branded formerly as TACA International), operating as Avianca El Salvador, is an airline owned by Kingsland Holdings based in El Salvador. As T ...

in El Salvador. In November 2012, Synergy Aerospace Corp. established Synergy Aerospace Europe. Synergy Aerospace established a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

in March 2011 with

Israel Aerospace Industries Israel Aerospace Industries (Hebrew: התעשייה האווירית לישראל ''ha-ta'asiya ha-avirit le-yisra'el'') or IAI (תע"א) is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both mi ...

. Brazil-based company

EAE Aerospace Solutions EAE can refer to: * EAE Business School, in Barcelona, Spain * EAE Editorial Académica Española, a German publishing company * ''Encyclopaedia Aethiopica'', a reference work * European Air Express, a defunct German airline * Eusko Abertzale Ek ...

was established to become the

shareholder A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal own ...

and

of the group’s activities in Brazil. Synergy wants to invest in Flight Technologies, a manufacturer of tactical UAVs for the Brazilian Army, based in

São José dos Campos São José dos Campos (, meaning Saint Joseph of the Fields) is a major city and the seat of the Municipalities of Brazil, municipality of the same name in the state of São Paulo (state), São Paulo, Brazil. One of the leading industrial and res ...

. The joint venture will offer advanced defense systems, such as

unmanned aerial vehicle An unmanned aerial vehicle (UAV), commonly known as a drone, is an aircraft without any human pilot, crew, or passengers on board. UAVs are a component of an unmanned aircraft system (UAS), which includes adding a ground-based controller ...

s, Multi Mission Transporters, mission and fighter aircraft upgrades, intelligence surveillance and reconnaissance advanced systems and

radar Radar is a detection system that uses radio waves to determine the distance (''ranging''), angle, and radial velocity of objects relative to the site. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, w ...

s. The Synergy Group also has relevant activities, including the control of the EISA Shipping Agency, currently building a 500-ton patrol ship for the Brazilian Navy, and the Brazilian

Digex Digex, Inc. was one of the first Internet service providers in the United States. During the dot-com bubble, its stock price rose to $184 per share; the company was acquired for $1 per share a few years later. History Digital Express Group, pred ...

company, operating in aircraft maintenance area. Synergy Aerospace was a candidate in the acquisition of

Portuguese Portuguese may refer to: * anything of, from, or related to the country and nation of Portugal ** Portuguese cuisine, traditional foods ** Portuguese language, a Romance language *** Portuguese dialects, variants of the Portuguese language ** Portu ...

state carrier

TAP Portugal TAP Air Portugal is the currently state-owned flag carrier airline of Portugal, headquartered at Lisbon Airport which also serves as its hub. TAP – Transportes Aéreos Portugueses – has been a member of the Star Alliance since 2005 and oper ...

. In November 2012, Synergy Group created

Synergy Europe Synergy is an interaction or cooperation giving rise to a whole that is greater than the simple sum of its parts. The term ''synergy'' comes from the Attic Greek word συνεργία ' from ', , meaning "working together". History In Christian ...

based in

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

, to deal with the possible takeover of the Portuguese airline. All European activities would be handled by its European subsidiary. Through this unit, the company was planning to partner with European investors, including Portuguese airline

EuroAtlantic Airways EuroAtlantic Airways, legally ''EuroAtlantic Airways – Transportes Aéreos S.A.'', is a Portuguese airline specialized in leasing and air charter headquartered in Sintra and based at Lisbon Airport. History Founded as Air Zarco on 23 August ...

. In June 2015, Synergy lost the bid to the Gateway consortium, that includes Portuguese bus owner Humberto Pedrosa and Brazilian

David Neeleman David G. Neeleman (born October 16, 1959) is a Brazilian-American businessman and entrepreneur. He has founded five commercial airlines: Morris Air, WestJet, JetBlue Airways, Azul Brazilian Airlines, and Breeze Airways. Along with Humberto Pedros ...

(

Azul Brazilian Airlines Azul Linhas Aéreas Brasileiras S/A (''Azul Brazilian Airlines''; or simply Azul) is a Brazilian carrier based in Barueri, a suburb of São Paulo. The company's business model is to stimulate demand by providing frequent and affordable air serv ...

).Euronews - 11/06/2015
/ref>

Subsidiaries

*AEQ Aeroespacial *Digex Aircraft Maintenance S.A. *EAE Aerospace Solutions *EISA Shipping Agency *REM * Senior Taxi Aéreo *Synergy Aerospace **

*Synergy Europe *Synerjet Brasil

References

External links

Website Synergy GroupCAPA - Centre for Aviation: TAP Portugal’s privatisation enters final stage, with Avianca-TACA parent emerging as only bidder
* ttp://www.ecopetrol.com.co/especiales/carta_petrolera2005/english.htm Ecopetrol interview with Synergy Group head German Efromovich, May-June 2005br>El Espectador newspaper in Colombia avianca-se-integra-taca EISA Shipyard website
{{Authority control Avianca Conglomerate companies of Brazil Companies based in Rio de Janeiro (state) Oil and gas companies of Brazil Oil and gas companies of Colombia Airlines of Brazil Brazilian brands

Subsidiaries

See also

References

External links