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The HOLDINGDINE S.A. is a Commercial and Industrial Corporation conformed by the participation of the Army’s Direction of Industries (DINE), being and important job generator of the country. DINE is an ascribed entity of the Terrestrial Force, whose objective is to contribute, by constitutional command, in the social and economical development of Ecuador. HOLDINGDINE S.A. was founded in the year 2000, as an anonymous society, under the foreseen article 429 of the Law of Companies, to administrate in a corporative way the companies of the Army’s Direction of Industries and to structure a Managerial Group. The Managerial Group HOLDINGDINE S.A. acts in the industrial and commercial environment, competing in equal conditions with other organizations of the private sector; it follows the established juridical command, specially, the Law of Companies, Work Code and Law of Internal Taxation Regime. Additionally it is submitted to the Superintendence of Companies and the Government’s General Controllership supervision.
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In 1950 the military garments shop is created, with the purpose of fulfill the demand of the Terrestrial Force uniforms. In 1973, the shop becomes a part of the Army’s Direction of Industries, DINE. |
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As a Managerial Corporation, entitled to the majority of the stake’s packages of the subsidized companies, the HOLDINGDINE S.A Company empower its control, under the two concepts previewed in the Law: (i) In the decision making and (ii) In the integral supervision of its operations. For this purpose counts with the following Organs of the Government and Administration: General Party, Directive Party and Executive Presidency and with the following Support and Control Organs: Commissaries, Operations Managements, Managerial Inspectors and Internal Auditors. |
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Vision: To be a competitive and innovative Managerial Group with national and international recognition. Mission: Administrate in a corporative manner the Managerial Group to rationalize its resources and add value to its clients, workers and stake holders; contributing to the social and economical development of the country. CORPORATIVE PRINCIPLES AND VALUES - Focus towards the client
- Commitment and Institutional Loyalty
- Honesty and Integrity
- Professional ethics
- Creativity and Initiative
- Team work
- Orientation to results
- Social and Environmental Responsibility
- Company’s Leadership and Innovation
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Social Responsibility As Institutional Philosophy |
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In 1973, the National Government through a Special Law creates the Army’s Direction of Industries, DINE; an organism with the faculty to conform, promote and administrate business unities. DINE, following the new special law formed companies of mixed economy and later anonymous companies, one of them the HOLDINGDINE S.A. The HOLDINGDINE S.A. is an industrial and commercial corporation, head office of a Managerial Group bonded to the manufacture (ACERIAS NACIONALES DEL ECUADOR S.A ANDEC, COMPLEJO FABRIL FAME S.A, EXPLOCEN C.A., F.M.S.B SANTA BARBARA S.A and ENERGYHDINE C.A.), service (SEPRIV CIA. LTDA., DINMOB C.A. and LOGISTICHDINE S.A.) and agro industry sectors (DINEAGRO’S S.A., PROTEAS DEL ECUADOR S.A. and AYCHAPICHO AGRO’S S.A.). |
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Virgen de la Merced Foundation |
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The Virgen de la Merced foundation was created and constituted as a private and social entity on May 23rd of 1996 with no profitable purposes, through the Ministerial agreement No. 810 granted by the Social Welfare Ministry. |
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Getting To Know Us
