Cemig Competitors and Similar CompaniesClear all

Cemig's competitors and similar companies include Eletrobras and Axpo.

	Cemig Cemig engages in the generation, transmission, distribution, and sale of electricity.	Eletrobras Eletrobras (Centrais Elétricas Brasileiras) is a company that provides electric power generation solutions.	Axpo Axpo is a producer of renewable energy specializing in energy trading and the marketing of solar and wind power.
Founding Date	Founding Date 1952	Founding Date 1961	Founding Date 1914
Type	Type Public	Type Public	Type Private
Tags	Tags Energy & Utilities electricity renewables solar wind	Tags Energy & Utilities energy services nuclear renewables solar wind	Tags Energy & Utilities renewables solar wind
Locations	Locations Belo Horizonte, BR HQ	Locations Rio de Janeiro, BR HQ Brasília, BR Florianópolis, BR Recife, BR Rio De Janeiro, BR Rio De Janeiro, BR Rio De Janeiro, BR	Locations Baden, CH HQ Wien, AT Bruxelles, BE Sarajevo, BA Sofia, BG Zagreb, HR see more
Employees	Employees 4,918	Employees 7,7107% decrease	Employees 7,000
Financial
Revenue (est.)	Revenue (est.) R$39.8b (FY, 2024)	Revenue (est.) R$40.2b (FY, 2024)	Revenue (est.) N/A
Cost of goods	Cost of goods R$28.9b (FY, 2024)	Cost of goods R$18.2b (FY, 2024)	Cost of goods N/A
Gross profit	Gross profit R$14.1b (FY, 2024)	Gross profit R$28.1b (FY, 2024)	Gross profit N/A
Net income	Net income R$7.1b (FY, 2024)	Net income R$10.4b (FY, 2024)	Net income N/A