Viarq S.A.

What Viarq S.A. does

Viarq S.A. is a family-owned civil construction firm operating in Argentina and Uruguay, structured as a sociedad anónima and constituted in 2015 by the fourth generation of the Pes family, whose construction activity in San Luis dates back to 1926. The firm delivers four core service lines — Civil Works (Obras Civiles), Architecture (Obras de Arquitectura), Road Works (Obras Viales), and Renewable Energy Works (Obras de Energías Renovables) — covering the full project lifecycle from soil movement and foundation work through finishes. It also operates an equipment rental service (Alquiler de Equipamiento) that monetizes its owned heavy machinery fleet (excavators, loaders, trucks, compactors, motor graders, concrete plants, crushing plants) with optional operators.

The company serves a dual-customer base: national and provincial government agencies (notably Dirección Nacional de Vialidad and provincial vialidad authorities in San Luis and Córdoba) for public infrastructure projects, and international renewable energy developers (Scatec Solar, Sterling & Wilson, Jinko Power, Isotron) for utility-scale solar park civil works. Other private-sector clients span healthcare (CIP Ramos Mejía), automotive (Renault dealership work), and industrial (MAGIGAL) construction. Revenue is generated through project-based contracts won via competitive tenders with government clients and direct negotiation with private EPC counterparties; pricing is not publicly disclosed and contracts are project-by-project.

The business model is asset-heavy, with a leased-and-owned equipment fleet, a small permanent executive and site-management core (8 listed personnel under the firmographic record), and field labor mobilized per project. No outside equity, debt, or funding rounds are disclosed. The firm is regionally focused within Argentina (Córdoba, Mendoza, San Luis, San Juan, La Pampa) and Uruguay, with a formal dedicated team in the latter country including commercial, supply chain, and legal functions.

Name

Viarq S.A.

Legal name

Viarq S.A.

Website

https://viarqsa.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Viarq S.A. is a fourth-generation family-owned construction firm in Argentina and Uruguay executing civil works, architectural, road, and renewable energy projects for government agencies and international solar EPC developers. It also rents its owned heavy machinery fleet with operators.

Ownership category

akta.pro rank

Product category

General Construction Services

NAICS

Other Heavy and Civil Engineering Construction (237990), Nonresidential Building Construction (2362), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing (53241), Site Preparation Contractors (23891)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

akta.pro secondary industries

ROW Access, Road & Trail Construction/Maintenance (EUADAOAE), Site Services & Temporary Infrastructure Rental/Leasing (Portable Toilets, Fencing, Storage Containers) (TLABAFAH)

Keywords

• Civil construction services
• Road infrastructure construction
• Renewable energy construction
• Heavy equipment rental
• Commercial architectural construction

Headquarters

HQ city

Argentina (offices)

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Construction Project Services: Revenue generated through direct contracting for construction projects including civil works, architectural construction, road/highway infrastructure, and renewable energy installations. Projects are typically awarded through competitive tender or direct negotiation with government agencies and private sector clients. Work encompasses full project lifecycle from soil movement and foundation work through to completion and handover.
2. Equipment Rental: Heavy machinery and construction equipment rental services including excavators, loaders, trucks, compactors, motor graders, concrete plants, and other specialized construction equipment with optional operators.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Viarq S.A. is a construction services company that executes civil works (excavation, foundations, reinforced concrete, masonry, finishing), architectural construction (residential, commercial, healthcare, emergency housing), road infrastructure (paving, drainage, signage, international crossings), and renewable energy civil works (solar park site preparation, wind fence barriers) for government agencies and private developers across Argentina and Uruguay. The company also rents heavy construction equipment (excavators, loaders, trucks, compactors, motor graders, concrete plants) with optional operators as an add-on service.

Product overview

Viarq S.A. is a construction company offering four core service lines: Obras Civiles (Civil Works) for infrastructure and structural projects, Obras de Arquitectura for custom residential and commercial construction, Obras Viales for road and transportation infrastructure, and Obras de Energías Renovables for renewable energy projects including solar parks. The company also provides an Equipment Rental service (Alquiler de Equipamiento) as an add-on offering construction machinery. Projects span Argentina and Uruguay, with operations dating back to a family legacy from 1926.

Differentiator

Problem solved

Functional benefit

Products and services

• Obras Civiles (Civil Works) Civil construction services including cleaning, excavation, soil movement, foundation construction, reinforced concrete structures, masonry, electrical and sanitary installations, carpentry, finishes, and cladding for parks, industrial warehouses, and general infrastructure projects, delivered for government agencies and private developers in Argentina and Uruguay.

Quantifiable outcome

• Successfully executed 110MW solar park civil works on 235 hectares with 212,000 m3 soil volume and 600 m3 concrete
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Scatec SolarcoreStrategic or Co-development Partner · 1 January 2022Scatec Solar engaged Viarq for Guañizuil II project - civil works including soil movement, site clearing, and preparation for 110MW photovoltaic park on 235 hectares. Significant renewable energy collaboration.
• Isotron S.A.coreImplementation/ SI/ Consulting Partner · 1 January 2022Isotron contracted Viarq for Guañizuil II civil works and administrative building construction. Post-initial soil work, Viarq was hired to execute civil works and control building for the solar park.
• Sterling and WilsoncoreImplementation/ SI/ Consulting Partner · 1 January 2021Wind Fence project for 4.5 km protective barrier construction using precast concrete panels and columns to protect solar panel tracking motors at Las Flores, San Juan.
• Sterling & WilsoncoreImplementation/ SI/ Consulting Partner · 1 January 2018Principal contractor for photovoltaic projects where Viarq executed transformer substation construction and civil works. Viarq worked as subcontractor executing construction services for large-scale solar installations including Guañizuil I project.
• GerdauminorOthersSteel materials supplier for construction projects
• HOLCIMminorOthersCement and construction materials supplier for concrete and masonry works
• SULLAIRminorOthersAir equipment supplier for construction operations

Scale indicators4 records

Recent moves7 records

Expansion highlights8 records

Direct peers

• Dycasa: Argentine road and highway construction specialist (part of the Roggio group historically), focused on paving, bridges, and public infrastructure — directly overlapping with Viarq's road works segment and government clients.
• José Cartellone Construcciones Civiles: Major Argentine civil and infrastructure contractor and direct counterparty of Viarq (Viarq supplied gabion protection structures to Cartellone road projects). Operates in the same heavy civil, road, and energy infrastructure space in Argentina.
• Petersen, Thiele y Cruz (PTC): Argentine construction and engineering firm active in civil works, road infrastructure, and energy projects, comparable in scope and regional focus to Viarq's diversified construction services.
• ICSA (Ingeniería y Construcciones del Sur): Argentine construction company shown as a Viarq customer/partner. Active in civil works, road, and energy infrastructure with overlapping customer base in Argentine provinces.
• Rovella Carranza: Argentine road construction and civil works contractor focused on highway paving, bridges, and public works. Directly comparable to Viarq's Obras Viales service line and government vialidad customer base.

Broad incumbents

• Techint Ingeniería y Construcción: Argentina's largest engineering and construction company, executing civil, pipeline, energy, and infrastructure projects globally. Relevant comparable for Viarq's energy infrastructure and civil works capabilities, though at vastly larger scale.
• IMPSA: Argentine renewable energy and infrastructure company featured as a Viarq customer. While a broader industrial player, IMPSA's involvement in wind energy projects overlaps with Viarq's renewable energy civil works segment.
• Benito Roggio e Hijos: Large Argentine construction and infrastructure conglomerate with civil works, road, and energy project capabilities. Compares to Viarq in road and civil construction, but at significantly greater scale and diversification across Argentina and Latin America.
• Constructora San José Argentina: Argentine arm of Spanish construction group San José, performing civil works, building, and infrastructure across the country. Comparable to Viarq in civil and architectural construction with broader international backing.

Regional players

• Constructora Sudamericana: Latin American construction firm with operations in Argentina and neighboring countries, providing civil works, road, and infrastructure services. Comparable geographic exposure and service mix to Viarq.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/VIARQSA
• LinkedInlinkedin.com/company/viarq-s-a
• Instagraminstagram.com/viarqsa

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Viarq S.A.