Chelyabinsk Company to Help Build the "City of Millionaires" in Brazil

Abstract

Chelyabinsk-based industrial company Composite Group is actively contributing to the development of one of Brazil's most prestigious coastal cities — Balneário Camboriú in the state of Santa Catarina, known for its luxury real estate and affluent residents.

Composite Group, led by Oleg Belyaev, is playing a significant role in the transformation of Balneário Camboriú — a Brazilian city renowned for its concentration of millionaires and high-end urban development.

The company's collaboration with Brazilian partners has resulted in the establishment of Composite Group Brazil, the region's first manufacturing facility specializing in composite rebar production. The innovative material introduced by the company offers superior performance characteristics and exceptional corrosion resistance — qualities that proved decisive in securing a contract for the supply of materials for the construction of the Balneário Camboriú waterfront embankment.

But Composite Group's international footprint extends beyond product supply. A landmark achievement in the partnership has been the company's participation in the development of Brazil's first national standard for composite construction materials — a contribution that underscores its role not just as a supplier, but as an industry-shaping presence in the South American market.