Corticeira Amorim

The Corticeira Amorim is a Portuguese company and part of the Amorim Investimentos e Participações, SGPS, SA, the holding company Amorim group. Another sub-holding is Amorim Global Investors. It plays an increasingly important role with its investments in the international market, especially in the energy sector with Amorim Energia BV.

Since March 2001, Antonio Rios de Amorim is the CEO. He took over the company from his uncle Américo Amorim. The company has its headquarters in Mozelos and is a world leader in the production of wine corks. Other key priorities are the areas of industrial engineering applications, especially in Europe and the United States. Four sub-areas form the backbone of the company: building and construction, General Industry, Shoe Industry and cork industry. C.A.I. is traded in Euros Next Lisbon.

History

The start of operations was 1870 as António Alves de Amorim in Vila Nova de Gaia opened a factory to produce wine corks by hand. In the year 1922, Amorim & Irmãos, Lda. founded. It was the basis of the current group. As Corticeira Amorim (German Amorim Cork ) started in 1963 ( including by Américo Amorim founded ), the company with the production of cork and agglomerated cork, which is obtained from residues of Korkstopfenindustrie. The Amorim Group is today one of the largest Portuguese companies and is a global leader in the cork industry. Investments run in the real estate, energy, tourism, finance and the development of natural products of high quality.

Natural product cork

Cork is a natural raw material and comes in large part from the Alentejo, a region in the southern Portugal, where cork oaks grow millions and for centuries are main livelihood of the local rural population. The all nine years repetitive harvesting process is not considered harmful, because it the tree is said to bring an even longer and healthier life. Cork will take place today versatile applications. Especially in the construction industry, he is in great demand due to its sound-absorbing and insulating effect, and as a filler. Also in the automotive and furniture industries Cork is barely imagine today. The natural material is because of its outstanding features is a valuable and versatile raw material for high quality natural products: eg Bulletin boards, trivets, placemats, craft materials and gift items. Cork generally provides a natural ambience.