Cebu’s Aboitiz makes it to Forbes’ list of World’s Best Employers in 2021

Morexette Marie B. Erram 10/17/2021

CEBU CITY, Philippines — Cebu-based conglomerate Aboitiz Equity Ventures (AEV) once again made it to the list of World’s Best Employers by Forbes magazine. AEV ranked 665th in Forbes’ World’s Best Employers for 2021. In a statement…

AEV, partners earmark P73B in capital expenditure for various projects in 2020

By Irene R. Sino Cruz 03/18/2020

CEBU CITY, Philippines—The Aboitiz Equity Ventures Inc. (AEV) and it partners will allocate P73 billion in capital expenditures (capex) for various projects involving power, infrastructure, and food in 2020. “The COVID-19 crisis created a lot of uncertainty…

AEV nets P17.3B in first nine months of 2018

Inquirer.net 11/08/2018

Conglomerate Aboitiz Equity Ventures Inc. (AEV) recorded a 9 percent year-on-year increase in its nine-month net income to P17.3 billion due to gains from its power, food, and property businesses. “We welcome the gains posted by our…

Aboitiz extends food aid to Typhoon Nina victims

PR 01/09/2017

A total of 14,285 individuals affected by Typhoon Nina in Bicol, Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon), and Mimaropa (Mindoro, Marinduque, Romblon and Palawan) are expected to benefit from the high-energy biscuits recently donated by the…

Pilmico empowers Cebuanos via sustainable livelihoods

05/22/2016

Beneficiaries receive piglets, egg machines and bakery kits Driven by its vision to be Partners for Growth, Pilmico – the food subsidiary of Aboitiz Equity Ventures Inc. – continues to champion backyard farming and sustainable livelihoods in…

Aboitiz Group reports profit decline

Marites Villamor Ilano 03/09/2016

Power still biggest contributor; real estate arm sets P4.6 billion capital expenditure Despite a higher profit in the fourth quarter of 2015, Aboitiz Equity Ventures, Inc. (AEV) reported a 4-percent decline in its consolidated net income last…

5th generation Aboitiz sets to take over family business

Vanessa Claire Lucero 11/09/2015

THE fifth generation of the Aboitiz family may soon be ready to take over the company, said Xavier “Txabi” Aboitiz, Aboitiz Equity Ventures Inc. (AEV) chief human resources officer. “We’re definitely in the process of passing on…

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