Neuss Group is an Argentine business group with more than 120 years experience carrying out business worldwide owned by Neuss Family.
Beginning of the Group – Neuss Beverage Factory
In 1891, Hermann Neuss, born in Germany to a prominent family in the city of Hannover, having graduated in the University of Heidelberg, arrives to Argentina to work as a chemist at the Hospital Aleman in Buenos Aires
He soon discovers the need of drinking bottled water as a means to avoid and fight against the diseases of the time, because of the municipal water condition. Therefore he founds Soda Neuss Belgrano, the first company dedicated to produce fizzy drinks in the country which becomes the leader of the Argentine market.
At the beginning of the XXth century, technological innovation reduces the cost of glass manufacture and makes bottling production faster, as a result, bottled water is produced at a large scale and the beverage becomes popular.
The company introduced very popular beverages such as Soda Neuss Belgrano, Pomona, Pomelo Neuss and Naranja Neuss, some of which are still in the market nowadays.
Second Generation – Services for the Public Sector
Following his father and due to the death of his brothers, Jorge Justo Neuss becomes the only heir of Hermann Neuss. Having the same business vocation as his father, he starts a new business branch for the family: public sector services. For such purpose he creates Neuss S.A. providing several services to Aerolineas Argentinas, Ferrocarriles Argentinos and other government entities.
He also creates Glacco Oil Company to provide drilling services to oil fields of YPF. He later also founds Gold Hill Financial Services associating with Goldhill Switzerland, having offices in London, Genève, Lausanne, Argentine, Chile, Venezuela and Peru providing financial services to European and Latin-American customers. The company specializes in futures market, portfolio management and government counseling.
During his 83 years he spends most of his time studying history and philosophy, giving conferences and being an active member of the Argentine History Society. He attends the prestigious Colegio Nacional de Buenos Aires, and is also a Law Professor during 30 years at the Universidad de Buenos Aires.
Second Generation – Services for the Public Sector
Following his father and due to the death of his brothers, Jorge Justo Neuss becomes the only heir of Hermann Neuss. Having the same business vocation as his father, he starts a new business branch for the family: public sector services. For such purpose he creates Neuss S.A. providing several services to Aerolineas Argentinas, Ferrocarriles Argentinos and other government entities.
He also creates Glacco Oil Company to provide drilling services to oil fields of YPF. He later also founds Gold Hill Financial Services associating with Goldhill Switzerland, having offices in London, Genève, Lausanne, Argentine, Chile, Venezuela and Peru providing financial services to European and Latin-American customers. The company specialized in futures market, portfolio management and government counseling.
During his 83 years he spent most of his time studying history and philosophy, giving conferences and being an active member of the Argentine History Society. He attended the prestigious Colegio Nacional de Buenos Aires, and also was Law Professor during 30 years at the Universidad de Buenos Aires.
In 1982, Neuss Group acquires the Argentine subsidiary of Great Lakes Chemical Company which was called GLACCO S.A. for its initials, to provide oil services to YPF.
In 1989 the company won the concession of 9 secondary production areas called Moy Aike, Oceano, La Carmen, Campo Bremen, Filomena, etc.
GLACCO S.A. is a company dedicated to the exploration and production of Oil and Gas in Argentine Patagonia.
Among its achievements, the company has discovered wide hydrocarbon reserves and has developed more than 120 km of pipelines to connect the National Oil and Gas Network.
Third Generation – Real Estate and Expansion
In 1980 Jorge Justo Neuss (jr.) and German R. J. Neuss, grandchildren of Hermann Neuss, take charge of the business group following the existing business model. They found Urban Yard and later Neuss Real Estate to develop real estate investments in Argentina and Northern Estates Corporation for the United States.
They also decide the expansion of the energy sector of the group by creating Harz Energy and by acquiring Edersa, an energy distribution company in the Province of Rios Negro, Argentina.
Neuss Group made its first investment in the telecommunication business by mid 90s through the association with the French group Thales (before called Thomson-CSF). At present, has the rights on several Super High Frequencies which they rent out to mobile telephone companies. It also manages and sells software for telecommunication companies.
In 1997, Jacques Chirac, President of France, awarded Jorge Justo Neuss (h) with the distinction of officer of the Legion of Honour, due to his merits in the commercial relations between France and Argentina.
Jorge Justo Neuss (jr.) dedicated most of his life to philanthropy, supporting several NGO for public health, education and art.
Fourth Generation – Continuity and New Businesses
German J. Neuss, born in Buenos Aires City in 1976, continues with the family legacy and in 2014 founds NEUSS CAPITAL, an investment fund specialized in concessions, mobility, services and Real Estate.
Based in Buenos Aires, he finishes his highschool studies at the Champagnat College and pursues his Bachelor of Business Administration at the Universidad Católica Argentina.
At the beginning of his professional life, German works in different family businesses that lead him to thrive in the country and to live as an expatriate in the United States and France, focusing on business management.
Afterwards, having acquired the necessary experience in different companies, he is accepted by the Massachusetts Institute of Technology- MIT- to pursue a Master in Business Administration- MBA. He moves to Boston, United States, where he studies and develops international relations before returning to Buenos Aires.
After 20 years of management in organizations, he decides to set up his own business and creates NEUSS CAPITAL, incorporating investors from Europe and America.
ENERGY
The group is a majority shareholder of EDERSA. A public service company dedicated to the electric power distribution and transportation public service in all the territory of the Province of Rio Negro.
Largest concession area in Argentina: 203,000 km2.
Number of inhabitants in the concession area: 650,000
Geographic dispersion of customers: 200,000 distributed amongst 62 towns
Annual Power Sold (GWh): 1,661
400 employees
www.edersa.com.ar
CONCESSIONS AND SERVICES
VTV SÜD is a company that operates vehicle technical verification in Buenos Aires, Argentina. It has four verification plants: two are located in the city of Quilmes, one in Berazategui district and one in Capital Federal. The plants perform 400,000 verifications per year.
The company is the result of the strategic alliance with the Germany based multinational company called TÜV SÜD and the Spain based company ATISAE. Controlled by TUV SUD, ATISAE is a leading operator in Spain, with more than 60 technical verification plants across the country and 1 million annual verifications. TÜV SÜD is the world’s leading German group in vehicle verification, with 150 years of experience, 24,000 employees and 850 branches around the world.
www.vtvsud.com.ar
Neuss Capital has a joint-venture with Empark of Spain, a worldwide leader in regulated parking. Empark, Aparcamientos y Servicios S.A., is a leading company in the parking and mobility sector in Spain and Portugal and is amongst the top ranking companies at an international level.
It is present in 174 cities of Spain, Portugal, United Kingdom, Andorra and Turkey; they are in charge of more than 530,000 parking lots which facilitate the movement of 150 million people every year contributing with their time optimization.
www.empark.com/en
REAL ESTATE
Northern Estates Corporation – New York
In 2004, Neuss Group started a subsidiary in New York, creating Northern Estates Corporation, in order to invest in commercial buildings in Manhattan.
In 2005 the group bought the first commercial building located in East-Midtown Manhattan, in 37 St and 5th Avenue with 7000m2 and 12 floors.
Northern Estates Corporation – New York
In 2004, Neuss Group opened a subsidiary in New York, creating Northern Estates Corporation, in order to invest in commercial buildings in Manhattan.
In 2005 the group bought the first commercial building located in East-Midtown Manhattan, in 37 St and 5th Avenue with 7000m2 and 12 floors.
Real Estate Developments – Buenos Aires
Neuss Group participated in numerous real estate developments of considerable importance.
It was actively involved through Urban Yard and the government authorities, in the design, construction and enhancement project of Puerto Madero in the city of Buenos Aires.
For this project, the group strategically formed an alliance with Tishman-Speyer, an international real estate developer and owner of one of the largest Real Estate portfolios in the USA.
Among its developments are: CITY PORT Puerto Madero, Yatch Club Puerto Madero, Edificio Yatch III – IV. Edificio Yatch V – VI, Amalia Lacroze de Fortabat Museum, Former Dreyfus building, El Divino Puerto Madero, Madero Center, etc.
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AGRIBUSINESS
Neuss Agropecuaria S.A
Neuss Group created Neuss Agropecuaria S.A., owning 4640 hectares of land in the south of the Province of Buenos Aires (Estancia La Lucila) where it produces exportation soya, wheat, corn and sunflower.
It also owns 3000 cattle hectares in Sierra de la Ventana, southwest of Buenos Aires province
The company also created Haras La Lucila, dedicated to the breeding of polo horses exporting most of its production to Europe and the United States and breeding many of the best polo horses. Its products have participated in the best Opens of the world such as: Abierto Argentino de Palermo, British Open, U.S. Open, Abierto de Hurlingham among others.
In 2010, Fina Pepa a brood mare of Haras La Lucila was sold in an auction in USD 500,000 a world record price for a polo horse. In the picture played by Gonzalo Pieres (jr.).
On the hills of South Buenos Aires, Neuss Group established the first vineyard in the Province, called Bodega Cerro Colorado, with stocks of Malbec and Cabernet-Sauvignon. The wine produced is considered by prestigious enologists, the best of the region and potentially able of competing abroad in its type.
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