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Organization: Odebrecht

The issuer's bonds defaulted in 2018
Full name of organization
Construtora Norberto Odebrecht S.A.
Country of risk
Brazil
Country of registration
Brazil
Industry
Construction and development
Credit ratings
in foreign currency
  • M/S&P/F
    -/***/-
Bond debt
2,937 mln USD
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Odebrecht is a Brazilian organization with global quality standards. It renders Engineering and Construction services in most of the countries of South America, Central America, in the United States, in Africa, in Portugal and the Middle
Odebrecht is a Brazilian organization with global quality standards. It renders Engineering and Construction services in most of the countries of South America, Central America, in the United States, in Africa, in Portugal and the Middle East. It controls Braskem, the largest petrochemical company in Latin America, which exports to over 60 countries in all the continents. It develops and administrates infrastructure projects, focusing on public/private partnerships and concessions. Since 2007, it invests in the Bioenergy sector, concentrated in producing ethanol and sugar and in co-generating power from sugar and alcohol production. It also has activities in the Oil and Gas, Environmental Engineering and Real Estate Enterprise segments and takes part of enterprises in the Transport sector, in Portugal, and that of Mining, in Africa. With approximately 59 thousand contributors, Odebrecht is one of the pioneers in Brazil in promoting social activities and, additionally to its business commitments, invests in education, health and environmental projects and supports cultural initiatives - thus, widening its scope of contribution towards the development of the countries it serves. The ethical and cultural unity of these operations is ensured by the application of the Odebrecht Entrepreneurial Technology, a set of principles, concepts and standards developed since 1944, when the Group was founded by Norberto Odebrecht, who established Construtora Norberto Odebrecht the following year.

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Codes

  • SIC
    1629 Heavy construction

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