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Revision as of 23:58, 31 July 2011
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| Company type | Private company |
|---|---|
| Industry | Conglomerates |
| Founded | 1944 |
| Headquarters | Salvador da Bahia, Brazil |
| Key people | Emílio Odebrecht Marcelo Odebrecht |
| Products | Construction, Engineering, Environmental Engineering, Petrochemicals, Chemicals, Ethanol, Real Estate, Infrastructure, Transportation, and others |
| Revenue |  US$ 32.2 Billion (2010) |
| Net income | US$ 1.6 Billion (2010) |
| Number of employees | 129.770 |
| Subsidiaries | Construtora Norberto Odebrecht S.A., Odebrecht Oil and Gas, Foz do Brasil, Odebrecht Realizações Imobiliárias S.A., Odebrecht Investimentos Em Infraestruturas Ltda., ETH Bioenergia, Braskem S.A., Odebrecht Administradora E Corretora De Seguros Ltda., Odeprev Odebrecht Previdência, Odebrecht Foundation |
| Website | www.odebrecht.com.br |
Odebrecht S.A. is a Brazilian conglomerate in the fields of Engineering, Construction, Chemicals and Petrochemicals. The company was founded in 1944 in Salvador da Bahia by Norberto Odebrecht, and is now present in South America, Central America, North America, the Caribbean, Africa, Europe and the Middle East.
Timeline
1944-1945 Norberto Odebrecht establishes a privately owned firm, the founding milestone for the Odebrecht Group. The firm becomes Norberto Odebrecht Construtora Ltda.
1957-1965 Norberto Odebrecht pays off all debts owned by Emílio Odebrecht & Cia (his father’s company). The company changes its name to Construtora Noberto Odebrecht S.A.
1970-1973 The Odebrecht Foundation is created, focusing on providing social security benefits to Odebrecht employees. Also, Odebrecht undertakes major construction projects in the southeast of Brazil.
1979-1980 Odebrecht goes international and starts to diversify its business. CBPO merges with the Odebrecht Group.
1981 Odebrecht S.A. is created.
1990 Odebrecht enters the U.S. market and becomes the first Brazilian contractor to win a U.S. federal government contract.
1999 Odebrecht focuses on sustainable development of micro regions in Brazil’s northeast, and marks 40 years of contributions to Brazilian art and culture.
2000 Odebrecht is ranked as Latin America’s top Engineering & Construction company and one of the world’s 30 largest service exporters by Engineering News-Record.
2002 Odebrecht establishes Braskem as Latin America’s largest petrochemical producer. The group reaches the milestones of 1,000 members within 25 years of service.
2004-2007 The Odebrecht Group celebrates its 60th anniversary. ETH Bioenergy is established to produce sugar ethanol, sugar and energy.
Corporate Structures
Odebrecht Energia (Energy) - Invests, constructs and manages projects from the Brazilian electric sector, such as hydroelectric, thermoelectric and nuclear power plants.
Odebrecht Engenharia Industrial (Industrial Engineering) - Constructs and assembles industrial facilities in Brazil and abroad, serving clients from a range of different sectors.
Odebrecht Infraestrutura (Infrastructure) – Completes important projects in the transport, sanitation, sports arena and irrigation sectors in Brazil.
Odebrecht América Latina & Angola (Latin America & Angola) - Leads investments and construction projects in regions that served as the pioneers for Odebrecht’s international expansion.
Odebrecht Venezuela - Invests and completes projects in the infrastructure, real estate, industrial, oil and gas, petrochemical and food security sectors in the country.
Odebrecht International - Gathers Members of 65 different nationalities, maintaining a unique quality standard and respecting the unique characteristics of each region.
Odebrecht Óleo e Gás S.A. (Oil & Gas) - Explores and produces oil and gas fields, operates rigs and provides integrated services for other companies from the sector.
Odebrecht Realizações Imobiliárias S.A. (Real Estate Developments) - Develops residential, business, commercial and tourism ventures.
Foz do Brasil S.A. - Provides water supply and waste treatment services.
ETH Bioenergia S.A. - Produces alcohol fuel (ethanol), electricity and sugar using sugarcane.
Brasken S.A. - Produces raw materials in an integrated fashion, including ethane, propane and chlorine, as well as second-generation petrochemical products, such as thermoplastic resins.
Odebrecht Participações e Investimentos - Leads the Company’s operations in diversified infrastructure sectors, investing in transportation and logistics, energy, sports arenas and irrigation.
Odebrecht Administradora e Corretora de Seguros Ltda. - Protects the assets of shareholders by identifying, mitigating and managing risks.
Odeprev - Designs and operates supplementary pension plans for Odebrecht Organization members, preparing them for retirement.
Fundação Odebrecht (Foundation) - Promotes youths’ education for life, through work and for values, as well as the sustainable development of productive chains.
Rankings
2009 Engineering News-Record Magazine Rankings:
No. 18 The Top 225 International Contractors
No. 34 The Top 225 Global Contractors
No. 1 Hydro Plants
No. 4 Sewerage and Solid Waste
No. 4 Water Supply
No. 1 Sanitary and Storm Sewers
No. 5 Pipelines
No. 5 Water Treatment and Desalinization
No. 12 Transportation
No. 5 Bridges
No. 7 Highways
No. 9 Mass Transit
No. 6 Airports
Notable Projects
USA
Metrorail MIC-Earlington Heights Connector (In Progress)
MIA Mover APM System (In Progress)
FIU Stadium
Miami International Airport - North Terminal, South Terminal, Concourse E, FAA Traffic Control Tower, Concourse A, Dolphin Parking Garage, Cargo Buildings
Adrienne Arsht Center for the Performing Arts
I-40 Interchange
The Ritz Carlton Hotel, Key Biscayne
Orland International Airport - North Taxiway & South Terminal
American Airlines Arena
Garcon Point Bridge
SR 826 Palmetto
Seven Oaks Dam
Merrill Barber Bridge
Miami Metro Mover
External links
References
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