Stemac ends 2024 with a 57% increase in sales and R$409 million in revenue, strengthening its operational capacity post-judicial recovery.
Stemac surprised the market in 2024 by registering an extraordinary growth of 57% in its sales, reaching a turnover of R$ 409 million. After a challenging year, marked by the successful completion of its process of judicial recovery, the company has demonstrated its resilience and adaptability. These results not only reflect an upward phase for Stemac, but also highlight its robust operational capacity. The company, which has established itself as a reference in the manufacture and sale of generator sets in Brazil, has demonstrated an effective strategic alignment, focused on offering modern energy solutions adapted to market needs.
In the current scenario of mining sector, Stemac has positioned itself as a vital strategic partner, supporting extractive operations throughout the country. Mining, a fundamental sector for the Brazilian economy, demands reliable and sustainable energy solutions, where Stemac generator sets have played a crucial role. The company not only provides the necessary infrastructure for continuous and efficient operations, but also promotes innovation and the implementation of cutting-edge technologies to meet the growing demands of the market. With its integrated solutions, Stemac drives the sustainable mineral exploration.
Expansion and Innovation: The New Era of Mining with Stemac
The year 2025 promises to continue this successful trajectory for Stemac. With continued investments in automation and digital technologies, the company is prepared to face the challenges of the energy transition. This focus on innovation positions Stemac not only as a leader in the generator set industry, but also as an agent of transformation in the mining sector. The commitment to ESG (Environmental, Social and Governance) practices reinforces its corporate responsibility and its commitment to a greener future.
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Stemac understands the importance of staying ahead of trends, and this vision has been rewarded with robust sales performance and record revenue. The company has collaborated with several operations in the mining industry, providing solutions that are tailored to the specific demands of this sector. The integration of automated systems into mining processes represents a significant advance, allowing for greater efficiency and reduced environmental impact.
These advances have been made possible by Stemac’s strong leadership and dedicated team, who work tirelessly to sustain innovation across their product and service offerings. Stemac’s positive impact across the mining chain is undeniable, confirming its position as a company that truly makes a difference. Stemac is determined to continue its rise, with ambitious plans to further expand its market share and strengthen its brand globally.
Sources: Stemac Annual Report 2024, Brazilian Mining Association, Electric Generators Market Survey 2024
Financial Result and Judicial Recovery
In 2023, Stemac achieved an impressive revenue of R$409 million, surpassing the R$287 million recorded in the previous year. These positive results reflect the good moment the company is going through, occurring simultaneously with the conclusion of the judicial recovery process. Stemac faithfully fulfilled all the obligations stipulated in the restructuring plan, demonstrating its robust operational capacity. The judicial recovery, initiated in April 2018, was approved by the Court in January 2020, just one month before the pandemic, which brought additional challenges to the national economic panorama.
Resilience and Commitments
Even in the face of this adverse scenario, Stemac showed resilience, remaining firm in its commitment to its goals and returning to the market. Since then, the company has settled R$36,2 million in labor debts and paid more than R$225 million in taxes. “This is not only the end of a challenging cycle, but also a reaffirmation of our resilience and our commitment to employees, customers and partners,” says Valdo Marques, Executive Vice President of Stemac. This significant growth after concluding the judicial recovery is a testament to the dedicated work carried out.
Investments and Local Impact
The company has faced economic difficulties since 2015, with a sharp drop in demand and a slowdown in the production sector. In 2018, it opted for judicial recovery to better restructure its accumulated debt. During this process, Stemac remained firm in its commitments to the market, continuing to invest and operate in Goiás. Established in the state since 2011, the company has not only created jobs, but also boosted the regional economy in areas such as transportation, food and hospitality, with investments exceeding R$400 million.
Social and Environmental Responsibility and Expansion
In addition to its economic impact, Stemac has stood out for its social and environmental responsibility. The company has invested in projects such as Projeto Pescar, which offers vulnerable young people the opportunity to participate in activities involving citizenship, professional development and educational support. With sales growth between 2023 and 2024, Stemac foresees a promising future, supported by financial restructuring and the strengthening of its operations. The company reaffirms its commitment to delivering reliable and innovative solutions in energy generation.
Expansion and Reliable Solutions
Now that this stage is complete, Stemac will continue its expansion plan, providing its services with excellence and innovation both in the domestic and international markets. "If it depends on Stemac, Brazil will not be without power, not even for a minute," emphasizes the executive. Stemac's history is marked by many important milestones in its trajectory, which have placed it among the 20 largest generator set manufacturers in the world.
Trajectory and Technological Innovation
The company began in 1951, selling parts and accessories for imported automobiles and small gasoline engines. With the increase in demand for reliable energy, Stemac specialized in the manufacture of generator sets and expanded its services, offering customized solutions that ensure greater cost-effectiveness. In 2011, it invested in the construction of an autonomous factory in Itumbiara, Goiás, which is fully efficient in the use of water and generates 100% of the energy it consumes, using sustainable technologies that promote thermal comfort and safety, and is one of the largest in the world with a production capacity of over 1.500 units per month.
Source: STEMAC Press