Remarkable Prosegur expansion cements its global status

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Prosegur continues to consolidate its position in the global market thanks to its presence in 34 countries and a workforce of 165,000 in its different business areas: Prosegur Security, Prosegur Cash, Prosegur Alarms, AVOS Tech and Cipher.

Since becoming established almost 50 years ago, the company has enjoyed remarkable international expansion and its ability to adapt to individual market needs means the company now operates across five continents.

In Spain, the company’s center of operations, Prosegur has a team of 33,777 people, reaffirming its leadership in the private security and cash management sector in the country. In terms of Prosegur’s international expansion, Latin America is the region with the largest number of employees, led by Brazil at 42,000, followed by Argentina with 17,351, Peru with 11,247, and Colombia with 10,698.

In Chile, Prosegur employs 6,182 people, while in Uruguay and Paraguay the company has close to 4,000 employees combined. It is worth mentioning the United States, where the security business is undergoing strong expansion and already has 5,500 workers, all of them American, and expects to have more than 6,000 by the end of 2024.

Prosegur has established a strong presence in Europe, especially in Portugal, where it has more than 6,000 employees, and in Germany, with almost 5,000. Expansion in other European markets includes France, the United Kingdom and Sweden with a combined workforce of more than 500 people. The company is also present in Austria, Finland and Denmark, demonstrating its commitment to offering high-quality security services throughout the continent.

In the Asia-Pacific region, Prosegur is also strongly represented with a workforce of around 5,000 in the Philippines, 2,000 in Singapore and more than 700 in Indonesia and China combined. Prosegur maintains a strategic presence in Australia, notably through Prosegur Cash and its foreign exchange services. Finally, in Africa, the company has established operations in South Africa, with a workforce of more than 700 people, further strengthening its global coverage.

Prosegur is made up of five integrated business units offering a wide range of services. The largest, Prosegur Security, which offers hybrid security solutions using advanced technology and intelligent data processing, employs 100,000 highly qualified professionals worldwide. Prosegur Cash, with close to 45,000 employees, is a world leader in cash logistics and cash management, as well as Prosegur Crypto, focused on the management and custody of cryptoassets, with a strong presence in Latin America, Asia and Europe.

Prosegur Alarms provides alarm services for homes and businesses, using customised, high-quality solutions adapted to the specific needs of each client. AVOS Tech is a service platform that improves the efficiency of business processes through technology and innovation thanks to more than 350 technicians trained in different technologies. The workforce is expected to reach 500 professionals. Finally, Cipher, Prosegur’s cyber security unit, protects its clients’ businesses in digital environments, with advanced solutions for the prevention, detection and management of risks, notably in Spain, Andorra, Brazil and the United States.

Prosegur’s commitment to social responsibility and sustainability is a fundamental part of its mission. In 2023, the company increased the number of employees with disabilities by 13.6% over the previous year, reaching 1,143 people, reflecting its focus on inclusion and diversity. This commitment also extends to all the communities where it operates, seeking to generate a positive impact on society and the environment.

With a clear vision for the future, Prosegur is positioning itself as the benchmark company in the private security sector worldwide, and strongly branding its image as a differentiator through its “operational excellence, constant innovation and firm commitment to service quality.” The company aims to continue to adapt to the changing needs of its customers and successfully manage emerging challenges in its different business lines