14.24 MB - Odebrecht

Transcription

Odebrecht 2015
T R U S T
A N D
U N I T Y
CHILDREN FROM YURIMAGUAS, NORTHERN PERU: THE TOWN IS GROWING AND DEVELOPING THANKS TO THE IIRSA NORTH HIGHWAY, WHICH RUNS THROUGH THE ANDES MOUNTAINS AND LINKS THE PACIFIC AND ATLANTIC OCEANS
TRUST AND UNITY
PRESENT FOR OVER
SEVEN DECADES IN
SEVERAL DIFFERENT
MARKETS, REGIONS
AND COUNTRIES, THE
ODEBRECHT GROUP IS
A MODEL OF SOLIDITY,
WORKING ON THE
BASIS OF CONFIDENCE
IN PEOPLE AND THE
ETHOS OF SERVICE.
directly linked to the development
of their local countries and regions.
teams united by the ethical and moral
concepts set forth in the Odebrecht
Entrepreneurial Technology (TEO).
TEO is the basis for the work of all
Odebrecht Members and lays the
foundations for strengthening and
consolidating the Group. When times
are tough, these clear principles
guide and motivate its teams to
learn, overcome and pursue
constant renewal.
Much of what you will read in the
following pages of this report reflects
new guidelines the Group has adopted
due to changes in the domestic and
world scenes. Odebrecht adapts its
structure to the demands of the most
competitive markets, increases its
productivity and maintains investments
in important projects for improving lives
in different parts of the world. Above
all, the Group reaffirms its confidence
in the development of people and
communities and its commitment to
the future.
Odebrecht 2015
THIS REPORT PRESENTS THE MAIN RESULTS OF THE
ODEBRECHT GROUP IN ALL ITS BUSINESSES AND FIELDS OF
OPERATION IN 2014. IT CONTAINS CONSOLIDATED FINANCIAL,
SOCIAL, ENVIRONMENTAL, CULTURAL AND SAFETY INDICATORS,
AND SHOWCASES THE ORGANIZATION’S MAIN ACHIEVEMENTS
DURING THAT PERIOD, INCLUDING UP-TO-DATE INFORMATION
ON THE GROUP’S MACROSTRUCTURE.
THE ODEBRECHT GROUP
MESSAGE FROM THE CHAIRMAN OF THE BOARD
MESSAGE FROM THE PRESIDENT AND CEO
INDICATORS
BUSINESSES
INVESTMENTS
SUPPORT COMPANIES
SOCIAL PROGRAMS
EXECUTIVES
4
10
12
22
48
72
75
80
83
O d e b r e c h t
5
2 0 1 5
H O L D I N G C O M PA N Y
THE ODEBRECHT GROUP
BUSINESSES
Construtora Norberto Odebrecht
BOARD OF
DIRECTORS
Odebrecht S.a.
ODEBRECHT
ENGINEERING &
CONSTRUCTION
ODEBRECHT ENGINEERING &
CONSTRUCTION INTERNATIONAL
AFRICA, UNITED ARAB EMIRATES AND PORTUGAL
FOUNDED IN THE CITY OF SALVADOR,
BAHIA, BRAZIL, IN 1944, ODEBRECHT
IS NOW A GLOBAL ORGANIZATION
WITH OVER 168,000 MEMBERS FROM
DIFFERENT NATIONALITIES PRESENT
IN BRAZIL AND 27 OTHER COUNTRIES.
LATIN AMERICA
UNITED STATES
INDUSTRIAL ENGINEERINg
Odebrecht teams always work
closely with their Clients and
Communities, meeting their
demands with speed and
efficiency. As a result, the Group
has firmly established itself as
a synergistic confederation of
small firms.
As a non-operational holding
company, Odebrecht S.A.
focuses on preserving the
Group’s organizational culture
and maintaining the direction of
its Businesses. They, in turn, are
run autonomously according to
the principles of decentralization
and planned delegation
established by the Group.
ODEBRECHT REAL ESTATE DEVELOPMENTS
ODEBRECHT ENVIRONMENTAL
INVESTMENT FUNDS
– Fundo ODEBRECHT BRAsIL
– ODEBRECHT AFRICA FUND
– ODEBRECHT LATIN FUND
ODEBRECHT OIL & GAS
SUPPORT COMPANIES
– ODEBRECHT Serviços de Exportação
– ODEBRECHT Corretora de Seguros
odebrecht transPort
– ODEBRECHT Previdência
– ODEBRECHT Engenharia de Projetos
– ODEBRECHT Comercializadora de energia
braskem
The Business’s growth is
based on developing important
projects for their communities.
Three generations succeeding
each other and working together
– an integral part of Odebrecht´s
entrepreneurial culture – provide
growth and development
opportunities for its Members
and contribute to the Group’s
perpetuity.
odebrecht latinvest
odebrecht agroindustrial
ENSEADA SHIPBUILDING
Odebrecht Foundation*
ODEBRECHT DEFENSE & TECHNOLOGY
*The Odebrecht Foundation is maintained by Odebrecht S.A.
O d e b r e c h t
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ODEBRECHT
ENTREPRENEURIAL
TECHNOLOGY (TEO)
Firmly grounded on humanist values,
TEO is the basis for an entrepreneurial
culture centered on action and focused
on education and work. Its interconnected
Principles, Concepts and Criteria provide
Odebrecht Group Members the ethical,
moral and conceptual pillars they require
to work with unified thinking, a common
strategic direction and consistent actions.
CODE OF CONDUCT
The Group has a Code of Conduct that
provides guidelines for all its Members’
internal and external relations, no matter
what their roles and responsibilities.
Odebrecht also believes that the
principles and other guidelines in its
Code of Conduct must be applied and
disseminated along its entire value chain.
The Group’s presence in the global
market and its Members’ active
participation in several different
businesses, geographic regions and
cultures require not only transparent
standards of conduct but compliance
with many different legal systems.
The Code of Conduct addresses these
requirements.
LUCIANA GONZÁLES SANTILLÁN, A PERUVIAN MEMBER OF ODEBRECHT ENGINEERING & CONSTRUCTION INTERNATIONAL IN LATIN AMERICA
O d e b r e c h t
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2 0 1 5
United Kingdom
Netherlands
Germany
Luxembourg
Presence
in the world
austria
Spain
United States
Portugal
China
Cuba
Dominican Republic
United Arab Emirates
Mexico
Guatemala
Ghana
Venezuela
Panama
Colombia
Singapore
Ecuador
Brazil
Peru
Mozambique
Angola
Paraguay
South Africa
and in other
a
27 countries
si
er
ic
as
–A
frica – Eur
e
op
–
A
rt
at
ion
s
– H i g h way
tat
ni
daily
po
Sa
In the agroindustrial sector, Odebrecht
supplies Brazilian ethanol to South
Korea and exports sugar to 24
countries: Algeria, Bahrain, Bangladesh,
Canada, China, Croatia, Egypt, India,
Israel, Latvia, Lithuania, Malaysia,
Nigeria, Republic of Georgia, Romania,
Russia, Spain, Tunisia, Ukraine, United
Arab Emirates, United Kingdom,
Uruguay, Venezuela and Yemen.
ic
In the petrochemicals field,
Braskem serves over 40 countries.
Nearly 98% of its exports go to
Argentina, Bolivia, Canada, Chile,
Colombia, France, Germany,
Italy, Japan, Mexico, Netherlands,
Paraguay, Peru, Poland, Singapore,
South Korea, Spain, Switzerland,
United Kingdom, United States,
Uruguay and Venezuela.
s
in Brazil
Exports
people use these services
n
ra
nt
Odebrecht is present
Urba
Argentina
ion
20 million
Chile
Am
Brazil
Angola
Argentina
Austria
Chile
China
Colombia
Cuba
Dominican Republic
Ecuador
Germany
Ghana
Guatemala
Luxembourg
Mexico
Mozambique
Netherlands
Panama
Paraguay
Peru
Portugal
Singapore
South Africa
Spain
United Arab Emirates
United States
United Kingdom
Venezuela
–
Ba
s
O d e b r e c h t
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T
MESSAGE FROM THE
CHAIRMAN OF THE BOARD
E m í lio O debrecht
“This unity, based on shared values and
principles, enables the decentralization of
our operations, the ongoing development
of people through a planned delegation
process, the coexistence of generations
with partnership between leaders and
team members, thereby ensuring the
Group’s perpetuity. That is what gives us
the strength and confidence to take on
challenging times.”
he Group’s history is essentially the story of the people
who have contributed to the results achieved over the
course of more than 70 years.
We have confidence in people - in their ability and
desire to grow - and seek to propel their development. In this organization, this is done through what we call Education through
Work, the process of grooming our Members. Education through
Work involves the simultaneous coexistence of different generations within the companies, where each of them passes on their
knowledge and experience to the others, who in turn contribute
their ability to achieve results. Trust is the basis of this process, as
is ensuring delegation and therefore decentralization.
We also encourage the ethos of service - to Clients and the
community. Our Members seek personal and professional fulfillment, winning over and keeping their Clients satisfied and extending their activities to improve the quality of life of the communities with which they interact.
This is not an abstraction – the trust and ethos of service
practiced by all of our Members take the form of entrepreneurial
decisions and actions that generate wealth shared with Clients,
Partners and the community.
Therefore, we are now presenting the results our teams obtained in 2014 objectively through summaries, graphs and numbers, which demonstrate that we have an efficient entrepreneurial
philosophy that has been thoroughly assimilated and transmitted
with alignment between leaders and team members in a wide
range of projects in all of the 28 countries where we are present.
Based on shared values and principles, this unity enables the
decentralization of our operations, the ongoing development of
people through a planned delegation process, the coexistence of
generations and partnership between leaders and team members, thereby ensuring the Group’s perpetuity. That is what gives
us the strength and confidence to take on challenging times.
Clearly, over so many decades, those times have not been
few. But we have overcome all kinds of adversity of varying degrees of severity. Currently, amid a downturn that has taken hold in
several parts of the world, we have made significant progress. We
have diversified our operations, created new opportunities and,
above all, provided services and supplied key products - sometimes indispensable for the development of regions and countries.
In the last three years, however, Brazil’s GDP growth has been
decreasing. Currently, in addition to an economic crisis caused in
large part by the imbalance of public finances, the country faces a
political crisis that hampers interactions between the branches of
government, especially at the federal level.
The heavy construction industry - the one that has suffered
the most damage to its reputation - has a close relationship with
the state and public officials because it meets their demand for
highly complex projects involving a significant amount of resources. This relationship intensified in the period when the state
could finally make the necessary investments in infrastructure.
What do we believe?
We believe that our relationship with the government is
completely legitimate - not only in Brazil but in all the countries
where we operate.
Historically, Odebrecht has been chosen by public and private
Clients due to its proven delivery capability, honoring quality and
time commitments. Our projects are carefully detailed to comply
with stringent international requirements of sustainability, necessary for obtaining financing.
We understand, however, that the problem of corruption
merits attention and extreme care and must be combated, and
that it is necessary to demonstrate the legality of any activities
involving public resources.
We believe that relations between the public and private
sectors should be fully transparent. Therefore, we have agreed to
present all transactions between our companies and government
agencies for public examination.
And we consider good governance of public resources essential, so they can be invested rationally in initiatives that improve the
public’s quality of life and contribute to national development.
The current crisis surrounding politics and the reliability of
the Brazilian state’s institutions and companies has caused immeasurable economic losses to the country, limiting and inhibiting
essential investments in economic growth. It also directly affects
the labor market, due to the suspension of many projects.
Therefore, it is urgent to clarify the facts and restructure
this country on a solid, transparent and reliable basis. Brazil has a
unique opportunity to revise standards of political conduct and restore the credibility of its institutions as well as its business class.
The interests of the Odebrecht Group and the interests of
society are one and the same. Therefore, along with the community - through its most respected and principled representatives we propose to build new foundations for the relationship between
the private and public sectors.
Maintaining confidence in people as one of the pillars of its
entrepreneurial Culture, Odebrecht reaffirms the ethical principles that have driven its development and bolster frank, direct
and open dialogue with its Members and families, Clients and
shareholders, with the authorities and above all, with the public.
The Odebrecht Group will forge ahead alongside the community
to ensure a fair and productive future in each of the countries in
which we are present.
Engineer Emilio Odebrecht began his career as an
intern at Construtora Norberto Odebrecht, becoming
President and CEO of the company in 1981. He
became President and CEO of the holding company,
Odebrecht S.A., in 1991 and has been the Chairman of
its Board of Directors since 1998.
O d e b r e c h t
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O
MESSAGE FROM
THE PRESIDENT AND CEO
M arcelo B ahia O debrecht
“We have increased our dialogue with our
Members and their families, Clients, Partners,
investors and various other stakeholders in
order to strengthen mutual trust and unity,
make our strategies even more clear and
transparent, and help ensure that the current
uncertainties are resolved. The Odebrecht
Group will continue to respect the ethical
legacy of its founder, steadfast in its aim of
serving and promoting the development of
individuals, communities and countries.”
debrecht has been overcoming highly complex challenges for over 70 years. It could not be otherwise
when the world is experiencing a period of political
and economic instability, with negative impacts and
downward trends in various countries. Brazil, our home country,
has been the object of special attention, with the necessary fiscal
adjustment imposing a period of stagnation, decline in GDP and
downturns in the labor market.
With the experience, determination and prudence the times
require, Odebrecht is keeping to its permanent Course - Survival,
Growth and Perpetuity. As the data in this report will show, 2014 was
exemplary for our growth.
It is worth mentioning the increase, in relation to 2013, of gross
revenue (11%) and EBITDA (23.8%), which allows us to maintain a
high level of planned investments: BRL 11 billion in 2015 and BRL 34.8
billion in the three-year period between 2015 and 2017.
Global solidity, local efficiency
Currently the Group has 14 different Business areas in 28 countries, each with clearly defined leadership and their own corporate
governance, most of them shared with other Partners. Our culture
of decentralization and planned delegation allows each Business to
rely on an Entrepreneurial Leader (CEO) or Executive Director who
has been groomed and empowered to perform his or her entrepreneurial task and exceed the agreed results. The practice of decentralization sets us apart and gives us a strong competitive edge. We
are made up of about 300 small businesses working closely with the
Clients and communities that require their products and services.
Thus, both in Brazil and other countries, our Engineering & Construction Business has made a significant contribution to improving
infrastructure in several countries.
In addition to Engineering & Construction, we have played a
major role in the expansion and improvement of public services
such as water supply and sewage treatment. Currently, Odebrecht
Environmental provides these services to the homes of almost 17
million Brazilians.
In the field of transport, we serve 3 million users of road, light rail
and railway concessions through Odebrecht TransPort.
In Chemicals & Petrochemicals, via Braskem we are responsible for the annual production of over 16 million tonnes of basic petrochemicals and thermoplastic resins, which supply the entire chain
of plastic products in Brazil and other countries.
We have also been steadily diversifying our Businesses, with
advances in the sectors of Defense, Retail Distribution and Agribusiness, among others. This is possible because the Group is firmly established, internationally recognized and enjoys solid financial health
– a decisive factor during a global economic downturn.
In 2014, we strengthened our presence in Latin America, with
projects in 10 countries in that region, as well as in Africa, particularly Angola, Mozambique and Ghana. In Mexico, through Braskem, we
are investors in the largest private project underway in that country, construction of the Ethylene XXI complex for the production
of polyethylene. That year we also worked on major infrastructure
projects in the United States, Portugal and the United Arab Emirates.
The advantage of our extensive international presence is that
more than 70 percent of our revenues are linked to the US dollar,
which allows us to obtain better results during a period of fluctuating
exchange rates.
As a result, Odebrecht companies benefit from the strength of
a global organization and the autonomy they need to operate more
efficiently at the local level. In line with our policies, each of them enhances its sustainability practices, which is an increasingly imperative commitment for the Group.
Regarding the environment, year after year we have seen significant improvements in eco-efficiency indicators. In the social arena, our companies and the Odebrecht Foundation in 2014 carried
out 887 programs that benefited about 1.2 million people in nearly
2,770 communities.
Culture, our founder’s greatest legacy
The Group’s founder, my grandfather Norberto Odebrecht,
left us in 2014 at the age of 93. In addition to numerous material
achievements, he left us the values and principles of the Odebrecht
Entrepreneurial Technology, the basis of the humanistic Culture and
ethics practiced by our 170,000 Members. It was this Culture that in
2014 enabled us to reach 70 years of operations in Brazil, 35 in Peru,
30 in Angola and 10 in Mozambique. In 2015 we will also celebrate the
50th anniversary of the Odebrecht Foundation and 25 years of experience in the United States.
Seeking to reaffirm our commitment to our Culture and the
best practices of corporate governance, we have increased our dialogue with our Members and their families, Clients, Partners, investors and various other stakeholders in order to strengthen mutual
trust and unity, make our strategies even more clear and transparent, and help ensure that the current uncertainties are resolved.
In 2014 we achieved the aim of implementing our Code of
Conduct in all our business environments as an integral part of our
Compliance Program. We consolidated the Ethics Line channel and
designated those responsible for following up on and responding to
all matters related to this program. We engaged in extensive training
of our teams, and all levels of leadership undertook the commitment
to follow the provisions of the Code of Conduct.
The political crisis facing Brazil is contributing to the economic
downturn and a climate of instability. Nevertheless, we are confident
that with the necessary clarifications and by restoring the credibility of its institutions, Brazil will gradually regain its stability. The Odebrecht Group will continue to follow the ethical legacy of its founder,
steadfast in its aim of serving and promoting the development of
individuals, communities and countries.
Marcelo Bahia Odebrecht began working at Odebrecht
in 1992, shortly after graduating in Engineering. In
2002, after working on several projects in Brazil and
other countries, he took the helm of the Engineering &
Construction Business. He became President and CEO
of Odebrecht S.A. in 2008, and remained in that role until
December 2015. This message was written in May 2015.
O d e b r e c h t
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Ethylene XXI,
The largest
petrochemical
complex in
Latin America,
comes into
being in
Mexico
The project, a partnership
of Braskem with the
Mexican group Idesa, will
produce over 1 million tons
of polyethylene yearly.
It is currently the biggest
private investment in
Mexico and the largest
ever made by a Brazilian
company in that country.
O d e b r e c h t
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The port
of Miami in
Florida, one of
the largest in
the world, was
thoroughly
upgraded
Thanks to the Wharves
Reinforcement Program
carried out by Odebrecht
Engineering & Construction
International in the United
States the Port of Miami
is now able to welcome
super freighters sailing to
the American West Coast
through the new widened
Panama Canal.
O d e b r e c h t
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Sugar and
alcohol plants:
ODEBRECHT
GROUP operates
in many fields
and invests in
sustainable
development
With a capacity to
process 3.8 million
tons of sugar cane,
the Costa Rica Unit
(MS), one of the nine
plants of Odebrecht
Agroindustrial, produces
about 360 million liters
of ethanol and 380 GWh
of electric power.
O d e b r e c h t
Lima electric
train, the
solution for
transit in the
metropolitan
region of
the Peruvian
capital
Conceived almost 30 years ago,
the project was successfully
concluded in 2014 by Odebrecht
International, in Latin America.
The train is operated by
Odebrecht Latinvest and travels
through 12.4 km of overpasses
and 10 stations in nine densely
populated districts, serving 300
thousand passengers daily.
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21
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
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2014
FINANCIAL INDICATORS
In 2014 Odebrecht Group reached
significant results, such as an
increase of 30% in EBITDA and 11%
in gross income over 2013.
BRL 14,879
USd 6,322
Ebitda
(IN MILLIONS)
2013
BRL 11,418
USd 4,874
2012
Ebitda
(IN MILLIONS)
BRL 14,879
USD 6,322
per Business
37.8%
21.2%
10.7%
8.1%
4.9%
2.8%
2.4%
2.3%
0.6%
9.2%
Braskem
ENGINEERING & CONSTRUCTION
Odebrecht Agroindustrial
Odebrecht OIL & GAS
Odebrecht ENVIRONMENTAL
Odebrecht Transport
Odebrecht Latinvest
Enseada SHIPBUILDING
Other
NOTE: Throughout this Report, the average annual value of the US dollar was taken into account (US$1.00 = R$2,3536) for the information on results achieved
(Revenue, EBITDA and VAR (Value Added Report). In the historical series of EBITDA the rates of the last day of each of the previous years mentioned (2010,2011,2012
and 2013) were taken into consideration. For the value of assets and net worth of the GroupGroup the rate on December 31 2014 was used (US$1.00 = 2,6562).
The figures for the years 2010, 2011 and 2012 (reproduced) are in accordance with the norms of The Committee on Accounting Statements (CPC).
2010
BRL 6,224
USd 3,735
2011
BRL 7,056
USd 3,792
BRL 8,087
USd 3,957
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
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Value Added Statement
FINANCIAL INDICATORS
NET PROFIT
(IN MILLIONS)
BRL 498
USD 211
Odebrecht S.A. Shareholder’s Equity
(IN MILLIONS)
BRL 17,071
USD 6,427
in thousandsin thousands
of BRLof usd
Revenue 109,594,013 Revenue from sales and services Other revenue Allowance for loan losses – reversal (provision) 107,678,903 2,002,931 (87,821)
Costs of products, goods and services
Raw materials, Energy, Outsourced services and Other Recovery (loss) of assets (68,806,422)
(7,850,128)
3,431 Gross Value Added 32,940,894 Depreciation and amortization (5,025,641)
Net Value Added Produced 27,915,253 Value Added Received from Others
(IN MILLIONS)
BRL 107,679
USd 45,751
per business
49.3%
30.8%
3.1%
3.1%
2.8%
2.7%
2.6%
2.1%
1.9%
0.1%
1.5%
Braskem
ENGINEERING & CONSTRUCTION
Odebrecht TransPort
Enseada Indústria Naval
Odebrecht OIL & GAS
Odebrecht Latinvest
ODEBRECHT DEFENSE & TECHNOLOGY
Other
45,750,723
851,007
(37,314)
Inputs Purchased from Third Parties
GROSS REVENUE
46,564,417
Results of equity Reversal (provision) for loss in investments Financial revenue Other (1,894,352)
(81,955)
5,583,010 254,347 TOTAL VALUE ADDED FOR DISTRIBUTION
31,776,303 (29,234,544)
(3,335,370)
1,458
13,995,961
(2,135,299)
11,860,661
(804,874)
(34,821)
2,372,115
108,067
13,501,148
DISTRIBUTION OF VALUE ADDED
People 14,197,133 Direct Remuneration
12,454,528 Benefits
1,204,373 FGTS (Length of Service Guarantee Fund)
538,232 Taxes, tariffs and contributions 3,536,300 Federal
2,540,706 State
485,797 Municipal
455,222 Other
54,575 Return on Third-Party Equity 13,545,311 Interest
12,320,413 Rent
1,126,774 Other
98,124 Return on equity (Shareholders) 497,559 Dividends
102,298 Accrued Profit
663,693 Non-controlling shareholders’ share in income (268,432)
DISTRIBUTION OF VALUE ADDED 31,776,303
6,032,092
5,291,692
511,715
228,684
1,502,507
1,079,498
206,406
193,415
23,188
5,755,146
5,234,710
478,745
41,691
211,403
43,464
281,990
(114,052)
13,501,148
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
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2.4%
increase in
female participation
in relation to the
previous year.
2013
People
O debrecht G roup
Members
by gender
2014
2012
286,799
85%
15%
276,224
268,564
Men
Women
The positive figures achieved in 2014
resulted from the work of diverse
and qualified teams, both in terms
of gender and of national origin.
Members
by nationality
64%
36%
181,556
Members
175,031
Members
93,533
Third parties
105,243
Third parties
168,149
Members
108,075
Third parties
BRAZILIANS
OTHER NATIONALITIES
107,714 Brazilians
14,992 Mexicans
11,715 Angolans
8,757 Peruvians
6,025 Ecuadorians
4,888 Venezuelans
3,993 Colombians
3,150 Panamanians
1,541 Dominicans
1,271 North-Americans
1,184 Argentines
633 Mozambicans
595 Guatemalans
258 Portuguese
149 Haitians
142 Germans
139 Pakistanis
136 Bolivians
119 Indians
113 Paraguayans
112 Philippines
85 Nepalese
49 Sinhalese
43 Cubans
33 Spaniards
32 French
30 Chileans
28 Salvadorans
26 Dutch
21 Croats
21 English
20 Poles
16 Nicaraguans
16 Ghanaians
16 South Africans
15 Uruguayans
14 Libyans
11 Romanians
BRAZILIAN ENGINEER JULIA MONTEIRO MARTINS, FROM CONSTRUTORA NORBERTO ODEBRECHT, RESPONSIBLE FOR SUSTAINABILITY AT MARACANÃ STADIUM
11 Ukranians
9 Italians
9 Canadians
8 Hondurans
7 Belgians
5 Lebanese
5 Turks
4 Australians
4 Japanese
4 Costa Ricans
3 Russians
3 Egyptians
3 Lithuanians
3 Chinese
3 Nigerians
3 Syrians
3 Iraqis
2 Jordanians
2 Austrians
2 Palestinians
2 Principese
2 Vietnamese
2 Irish
2 Norwegians
2 Jamaicans
2 Trinidadians
1 Korean
1 Cape-Verdean
1 Antiguan
1 Arab
1 Singaporean
1 Mauritanian
1 Tunisian
1 Congolese
1 Scot
1 Thai
1 Iranian
1 Puerto Rican
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
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People
O debrecht G roup
The international operations of Odebrecht
Group promotes the integration of families
from several cultures in different regions.
ASH VIJA YKUMAR, FROM INDIA, AND YUNWEI TONG, FROM CHINA, MEMBERS OF ODEBRECHT Engineering & Construction International IN THE UNITED STATES
MEMBERS PER BUSINESS
Members by countries
Odebrecht Engineering &
Construction International
66,799
Construtora Norberto Odebrecht
13,456
ENSEADA SHIPBUILDING
8,126
ODEBRECHT REAL ESTATE DEVELOPMENTs
6,518
Odebrecht TransPort
6,165
Odebrecht OIL & GAs
Odebrecht DEFENSE & TECHNOLOGY
Odebrecht S.A.
ODEBRECHT FOUNDATION
Members
by age range
5,816
Odebrecht Latinvest
1,672
37
3,458
566
12,822
1,596
275
8,813
1,587
162
6,077
1,411
59
4,966
638
52
in Peru
in Ecuador
2,408
641
14,933
in Angola
7,332
567
in Mexico
8,413
Braskem
3,939
in Brazil
40,776
106,087
in Venezuela
14%
40%
25%
18%
4%
Under 25
Between 25 and 35
Between 35 and 45
Between 45 and 60
Over 60
in Colombia
in Panama
in Dominican Republic
in United States
in Argentina
in Guatemala
in United Arab Emirates
in Mozambique
in Ghana
in Germany
in Portugal
in Cuba
141
in other countries
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
People
Development
Programs
31
2 0 1 5
Investment in institutional programs
BRL 64,330,228
USd 24,218,894
The Odebrecht Group develops in direct
correlation to the development of each
person who is a part of it. Therefore, among
the Group leaders’ tasks is Education through
Work for those who comprise their teams,
devoting their time and attention – whether
interns or young partners – and supporting
them with their choices and challenges.
Education for Work
The aim of the Education for Work programs is to provide
members with opportunities to increase and perfect
their knowledge and skills. They are technical education
programs, directed towards those who work in operational
areas; and strategic programs to enhance skills and broaden
multidisciplinary knowledge.
Small Firm Leaders
Young Partners/Trainees
Interns
1,695
1,722
1,497
1,109
EMILIO ODEBRECHT (FAR LEFT), CHAIRMAN OF THE BOARD OF ODEBRECHT S.A., WITH PARTICIPANTS IN THE PROGRAM FOR DEVELOPING ENTREPRENEURS (PDE)
337
300
2013
2014
Interns taken on:
367 vacancies were available for Young Partners,
with 52% filled by former interns.
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
33
2 0 1 5
Acreditar Program
Acreditar Junior Program
Odebrecht interacts with the local
population in each region where it
operates, offering opportunities for
work and income and improving quality
of life. The Acreditar (Believe) Ongoing
Professional Education Program was
one of the Group’s initiatives to increase
the employment of workers from
communities surrounding their projects.
Literate men and women over the age
of 18 have the opportunity to qualify for
professions through Acreditar and work
in the Group. Highly successful in Brazil,
the Program was reproduced in nine
countries, directly benefiting more than
100,000 people.
Created to support young people
between the ages of 14 and 17 for the
job market, the Acreditar Junior Program
offers preparation to students who are
studying at elementary school as a
minimum. They have the opportunity to
be hired under the terms of the Young
Apprentice Law.
4,251 Enrolled
3,034 Hired
(OBS: The numbers refer to the figure accumulated
since the creation of the program in 2008 until
December 2014)
Brazil
131,464
Enrolled
55,634
Basic Module
19,494
Technical Module
IN ANGOLA, TRAINING OF MEMBERS OF BIOCOM (ODEBRECHT AGROINDUSTRIAL) WITH TECHNICIANS FROM THE BRAZILIAN NATIONAL SERVICE OF INDUSTRIAL APPRENTICESHIP (SENAI)
35,692
Partnerships
with Universities
and Educational
and Research
Institutions
Hired
Number of members on institutional programs
Abroad
39
Master of Business Administration (MBA)
62
Program for Developing Entrepreneurs
(PDE) in the Service Area
45
PDE in the Industrial Area
51
Entrepreneurship Program (PPE)
49
PPE Master
34
Institute for Accounting, Actuarial
and Financial Research Foundation
(Fipecafi) T10
38
Fipecafi T11
55,479
34
32,572
Integrated Sustainability
Program (PI)
95
Integrated Planning and
Budgeting (POI)
Enrolled
Basic Module
6,172
Technical Module
17,610
Hired
(OBS: The numbers refer to the figure accumulated since
the creation of the program in 2008 until December 2014)
Odebrecht Group
companies maintain
a partnership with
149 universities and
educational and research
institutions, with 52 in
Brazil and 97 in other
countries.
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
35
2 0 1 5
Encouraging
Productivity,
Creativity and
Production and
Knowledge Reuse
Odebrecht Award
for Sustainable
Development
The award encourages college students
(undergraduates) to think about
Engineering, Architecture and Agronomy
from a sustainable perspective and
produce knowledge on the subject.
In 2014
»» Held in Angola, Argentina, Brazil,
Colombia, Cuba, Dominican Republic,
Ecuador, Mexico, Panama, Peru, the
United States and Venezuela.
»» 643 projects submitted.
»» Involved 1,194 students and 526
professors from 251 universities.
Knowledge Communities
In addition to promoting the generation,
dissemination and knowledge reuse
that the Odebrecht Group companies
produce, the Knowledge Communities
strengthen mainstreaming and
encourage innovation and productivity.
They bring together 7,624 Members with
common interests who are interested in
sharing their expertise.
In 2014
»» 1,895 new entries
»» 1,200 Members trained in meetings
of the Communities or in Programs of
specific Technical Capacitation deriving
from detected gaps in their formation.
»» 620 web forums generated 1,443
interactions.
WINNERS OF THE 2014 HIGHLIGHT AWARD IN THE INNOVATION CATEGORY: ROBERTA ALVES PEREIRA, RAFAEL DE OLIVEIRA E ADRIANO DO NAZARETH PESSANHA , FROM ODEBRECHT OIL & GAS
Communities
Contract Management
Agribusiness
Dams and Power Plants
Communication
Buildings
Real Estate Ventures
Environmental Engineering
Equipment
Subsea Infrastructure
User-Client Relations
Roadways
Engineering Systems
Procurement and Logistics
Sustainability
Information Technology
Rail Transportation
Highlight Award
2014 Edition
Odebrecht teams are encouraged to
increase their creativity, productivity
and innovation and reuse the knowledge
generated through their work
experience. Awarded to the Group’s
Members annually, the Highlight Award
encourages this practice, reinforces the
culture of recording and disseminating
knowledge, consolidating a unified
archive of the Group’s methods,
processes and creative solutions. Today
this initiative results in an acquis of 4,964
best practices, which is available to all of
the Members.
13 countries and all of the Group’s
Businesses.
»» Categories: Innovation, Young Partners,
Environment, Community Relations,
Knowledge Reuse and Health and
Workplace Safety.
»» Participating Countries: Angola,
Argentina, Brazil, Colombia, Ecuador,
Guatemala, Mexico, Mozambique,
Panama, Peru, The United States,
United Arab Emirates and Venezuela.
»» 692 project entries by Members from
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
37
2 0 1 5
Workplace
Safety Indicators
Health, Workplace Safety
and the Environment
The Health, Workplace Safety and Environment programs are
held in an integrated way and prioritize the protection of life
and quality of the work environment. Based on the culture
of prevention by controlling risks and impacts, ensuring
compliance with legal requirements and alignment with the
Group’s Sustainability Policy.
In the work environment, the same values and programs
guide Members and suppliers.
1 - TFT adds together basic outpatient care with the
frequency rates for accidents with or without lost time. The
indicator for Braskem does not include basic outpatient care.
2 - TFCA – Lost Time Accident Frequency Rate: relation
between the number of with lost time, fatality, partial disability
and total disability per 1 million manhours worked (Members
+ Subcontractors).
3 – Odebrecht Engenharia & Construção consolidates data
from Construtora Norberto Odebrecht and from Odebrecht
Engineering & Construction International
4 – Period from April 2014 to January 2015 (criteria: harvest
year).
Total Accident Frequency Rate (TFT)1
17.1
Lost-time Accident Frequency Rate (TFCA)2
13.8
13.1
11.14
9.28
9.49
7.14
6.24
6.33
5.03
4.69
3.15
1.04
2.05
2012
1.58
2013
1.39
2014
0.35
2012
Odebrecht
Engineering and Construction3
1.04
0.39
2013
1
0.14
2014
Braskem
2.19
2012
3.69
2013
2.21
2014
Odebrecht Environmental
0.91
2012
0.94
2013
1.4
2014
Odebrecht Agroindustrial4
3.26
2012
2.04
2013
2.09
2014
Odebrecht TransPort
20.9
20.08
19.15
13.62
11.5
9.74
8.67
5.79
4.35
1.16
2012
2013
4.8
Odebrecht Latinvest
5.12
4.07
0.86
2014
6.45
0
2012
2013
1.67
2014
Odebrecht
Defense and Technology
0.89
2012
0.49
2013
0.55
2014
Enseada Shipbuilding
0.58
2012
1.96
2013
0.8
2014
Odebrecht Oil & Gas
3.02
2012
5.59
2013
3.5
2014
Odebrecht
Real Estate Developments
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
39
2 0 1 5
AT ODEBRECHT REAL
ESTATE DEVELOPMENTS
ENVIRONMENTAL MANAGEMENT
»» Recycled 21.83% (55,916.23 tonnes) of
MANAGING GREENHOUSE GAS (GHG)
EMISSIONS
»» Conducting the third GHG emission
inventory for the 28 ventures under
construction and six regional offices,
using the GHG Protocol method and
ISO Standard 14.064-1.
the total amount of waste generated
by all ventures, not including waste
generated from the soil.
»» Used 27,588.17 cubic meters of reused
or recycled water, equivalent to 16.5%
of the total consumed by all ventures.
»» Invested BRL 5.9 million in
environmental preservation projects.
AT ODEBRECHT
DEFENSE AND TECHNOLOGY
»» Itaguaí Construções Navais, the
Odebrecht Defense and Technology
subsidiary that builds submarines
for the Brazilian navy, recycled 388.3
tonnes (62%) of the 622.4 tonnes of
solid waste generated.
Environmental Engineer Diego Santos Cícero de Sá at the nursery of the Teles Pires Hydroelectric Plant Environmental Program being carried out by
Construtora Norberto Odebrecht, in Mato Grosso, Brazil
Environmental
Indicators
IN ENGINEERING & CONSTRUCTION
Environmental Management
EMISSIONS
solid waste generated were reused or
recycled.
»» 90% of projects implemented waste
sorting and solid waste recycling
programs.
»» 87% of projects carried out
environmental education programs.
»» 25% of projects adopted rational water
use practices, saving 1.5 million cubic
meters.
»» Inventory of all 69 projects in Brazil and
99 projects in 16 other countries.
»» Obtained a Gold Seal in the Brazilian
GHG Protocol Program.
»» 301,000 of the 572,500 tonnes of
53% of solid waste
168 projects
recycled or reused in 2014
inventoried in 2014
2010
2011
2012
2013
2014
117
135
164
165
168
2010
2011
2012
2013
2014
28%
50%
74%
52%
53%
WASTE IS RECYCLED OR REUSED AT ILHA PURA, AN ODEBRECHT REAL ESTATE DEVELOPMENTS PROJECT IN RIO DE JANEIRO, BRAZIL
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
41
2 0 1 5
AT ODEBRECHT OIL & GAS
BRL 2.3 million invested in waste
management, environmental monitoring,
training, campaigns, consultancy, audits and
environmental certifications.
EMISSIONS
»» For the first time, the GHG inventory
included scope 3, on remissions from
sources that are not owned by or
controlled by the company.
»» Planted saplings and restored
three water sources (a total of 2.33
hectares) to offset carbon emissions
in 2013.
UNIB RS, BRASKEM’S NAPHTHA CRACKER IN TRIUNFO, BRAZIL, INVESTS IN IMPROVING ENERGY EFFICIENCY
AT BRASKEM
BRL 86 million invested in environmental
improvement.
of which 61% came from Aquapolo,
a water recycling project carried
out in partnership with Odebrecht
Environmental and Sabesp in the
ABC region of São Paulo State. This
enabled the company to reduce
consumption of water from reservoirs
by 18.7 billion liters.
»» Energy consumption at all Braskem
manufacturing plants improved by
0.7% compared with the previous year.
»» Waste generation in all of Braskem’s
operations was 4.5% higher than the
previous year and waste recycling
reached 26.8%, representing a 63%
improvement in relation to 2013. The
savings obtained by recycling totaled
approximately BRL 53 million.
»» 34% improvement in wastewater
generation between 2002 and 2014.
EMISSIONS
»» Reduced GHG emissions by 12.5%
between 2008 and 2014.
»» The Braskem greenhouse gas
emissions inventory obtained a Gold
classification in the GHG Protocol for
the 5th consecutive year.
»» It attained a score of 97% for
transparency and level “B” for results
in the Brazil Carbon Project’s CDP
Investor Brazil report.
»» Braskem forms part of the ISE
(Entrepreneurial Sustainability Index)
portfolio for the 10th consecutive year,
with a higher than average score in the
portfolio and benchmark position in
climate change.
»» Braskem achieved 28% water reuse,
»» Two grades of the Maxio line of
plastic resins were launched, enabling
Braskem clients to increase their
productivity and energy efficiency.
Since the launch of that line in 2012,
sales are up 27%.
»» Braskem was nominated for inclusion
in the list of the 50 most innovative
companies in the world according
to the ranking of Fast Company, a
business magazine, in recognition of its
research into products with renewable
sources, Green Polyethylene.
CIDADE DE ITAJAÍ FPSO IN THE SANTOS BASIN, BRAZIL: ODEBRECHT OIL & GAS CONDUCTED ITS FIRST GHG INVENTORY IN 2014
»» Recycled 14.75% (645.96 tonnes)
of the total amount of solid waste
generated by all ventures.
»» Recycled 44.3% (1,006,613 liters) of
the total oily liquid waste generated by
its ventures, except the Cidade de Itajaí
FPSO, whose waste management is
handled by the Client (Petrobras).
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
43
2 0 1 5
AT ODEBRECHT AGROINDUSTRIAL
PRESERVING BIODIVERSITY
»» A Diagnosis of Environmentally
BRAZILIAN LAB TECHNICIAN NAYARA CARDOSO RAPELO, FROM ODEBRECHT ENVIRONMENTAL,
ANALYZES WATER QUALITY IN SUMARÉ, SÃO PAULO, BRAZIL
AT ODEBRECHT ENVIRONMENTAL
AT ENSEADA SHIPBUILDING
Invested BRL 6.4 million in Environmental
Protection in 2014.
»» Replanted 44 hectares of riparian
»» Using 3 million m³ of recycled or
reused water in internal processes
(41% of internal water consumption).
»» Reuse and recycling of 23% of
waste generated in the company’s
administrative sectors.
»» Consumption of 0.25kWh/m³ of
treated waste in the Water and
Sewage segment.
»» Consumption of 0.66 kWh/m³
of water produced in the Utilities
segment.
»» Emission of 0.92 kg of CO2eq per m³ of
treated waste.
vegetation, preserving rivers and
water that supply the town of
Maragojipe, Bahia, Brazil.
»» Replanted 14 hectares of Atlantic
Forest within Enseada Shipbuilding’s
area of activity.
»» Built 25 km of fences and a monitoring
system in restored Permanent
Protection Areas (APP).
»» Built three biofactories producing
50,000 native Atlantic Forest plant
seedlings and 40,000 native mangrove
seedlings.
»» More than 90 Environmental Education
activities held, with participation by
1,800 people.
Protected Areas was carried out at all
nine agroindustrial units
»» By the 2013-2014 harvest, the
company had restored 5,740 hectares
of Permanent Preservation Areas
(APP), 32,025 hectares of Legal
Reserves (RL), 20 hectares of
ecological corridors and 559 hectares
of other areas through Degraded Area
Recovery Plans (Prads).
»» In the last seven years, more than
1.5 million native tree species
were planted in partnership with
environmental entities in São Paulo
State.
»» Restored and connected over 780
hectares of RLs and APPs involving
82 native Atlantic Forest plant
species. Thanks to two new corridors,
connectivity of forest fragments has
reached a total of 295.85 hectares.
EMISSIONS
»» Conducting the second review of GHG
emissions throughout the life cycles of
all its products, particularly ethanol, for
the 2013-2014 harvest.
AT GOIÁS, A PARTNERSHIP BETWEEN ODEBRECHT AGROINDUSTRIAL AND EMAS NATIONAL
PARK ENSURES THE PRESERVATION OF132 THOUSAND HECTARES OF THE NATURAL PATRIMONY
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
45
2 0 1 5
Communities
637 98,576 846,018 1,027
32 8,103 12,783 119
Argentina 1
14 40 1
Colombia 3
1,085
3,498 18
Dominican Republic 9
473 7,469 25
Ecuador 11 241 5,005 40
Guatemala 5
57 1,066 28
Mexico 8
1,351 10,337 62
Mozambique 3
42 456 4
Panama 43 1,113 47,202 125
Peru 47 3,621 81,351 285
United Arab Emirates 2
3
656 1
United States 18 202 55,320 13
Venezuela 25 984 6,806 168
844
Programs
14
Countries
1,916
Communities involved
1.1 million
Beneficiaries
1,034
Partner Organizations
BRL 115.9 million
USD 49.2 million
Own Investment
BRL 86.8 million
USD 32.7 million
Third-Party Investment
GERSON COSTA (STANDING, RIGHT) WITH HIS WIFE CATARINA CONCEIÇÃO AND SON EDILSON DOS SANTOS CLEMENTE:
LEADING FIGURES IN THE REFORESTATION OF THE LOWER SOUTH OF BAHIA, BRAZIL, SUPPORTED BY ODEBRECHT FOUNDATION
Beneficiaries
Determined to contribute to the development of regions and countries in
which it operates, the Odebrecht Group systematically promotes social and
cultural activities. Carried out by companies and the Odebrecht Foundation,
the programs focus on the areas of education and health and also seek to
promote initiatives that generate work and income opportunities.
Investment
(in thousands of BRL)
Social/Environmental
and Cultural Indicators
Programs/Initiatives
Voluntary Social Investment in Communities
Brazil Angola Total
844 115,866 1,078,007 1,916
I n d i c a t o r s
2 0 1 4
O d e b r e c h t
47
2 0 1 5
Cultural Action
Odebrecht has sponsored projects
which value the cultural heritage of the
communities and countries in which
it operates for more than fifty years.
Allocating resources and appropriate
conditions to carry out these cultural
projects, the company encourages
preservation and advance of memory,
contributes to giving dynamism to
cultural life and promotes the affirmation
of diverse identities and celebration of
universal values.
Odebrecht Historical Research –
Clarival do Prado Valladares Prize
Established in 2003, the Odebrecht
Historical Research – Clarival do Prado
Valladares Prize is awarded annually to
a research project which contributes
to a greater understanding of Brazilian
economic, social and political or artistic
education. Aiming to encourage national
history writing, Odebrecht fully funds the
completion of the chosen project. The
knowledge generated is consolidated in a
carefully edited and richly illustrated book.
»» Book launch for “Luís de Abuquerque
– Government and journeys in the
Captaincy of Mato Grosso (1771-1791)”
by the historians Janaína Amado and
Leny Caselli, winners of the 9th edition
of the Prize. The book portrays the
trajectory – from 1771 to 1791 – of the
captain-general, Luís de Albuquerque,
who was governor of the Captaincy
of Mato Grosso, whose territory
included the current states of Mato
Grosso, Mato Grosso do Sul and
Rondônia. Discovered by the authors
at Newberry College Library in Chicago
(USA), the young Portuguese soldier
gave rise to this detailed research on
the region and the historical context
of the struggle between Portugal and
Spain for the control of Brazilian land in
the second half of the 18th century.
»» Research began to produce two projects
which were winners of the 10th edition
of the Odebrecht Historical Research
Prize: ”A hinterland among so many
others” by the architect, Nathalia
Diniz, from Rio Grande do Norte and
“Scientific Knowledge of the Portuguese
World during the 18th Century” by the
historians, Magnus Roberto de Mello
Pereira and Ana Lúcia Rocha Barbalho
da Cruz, from Paraná.
ARGENTINE AUTHOR ALBERTO MANGUEL, AT FRONTIERS OF THINKING SEMINARS 2014
Frontiers of Thinking
Other initiatives
Seeking to promote debate and analyze
current day events from perspectives for
the future, Braskem annually sponsors
international Frontiers of Thinking
seminars, enabling the Brazilian public to
come into contact with leading scientists,
artists and intellectuals around the world.
In 2014, the program’s speakers included
the British writer, Salman Rushdie,
American philosopher, Michael Sandel,
writers Mia Couto from Mozambique
and Ricardo Piglia from Argentina,
physicists Brian Greene from the United
States and Geoffrey West from England,
French philosopher, Pascal Bruckner and
Norwegian diplomat, Gro Brundtland.
Brazil
»» Sponsoring the book “The Challenges
of Brazilian Sustainable Design” which
presents sustainable projects and
products created by more than 40
Brazilian professionals from different
areas – visual arts, fashion and
architecture, among others.
»» Publication of the book “Submarines
– Defense and Development of Brazil“
on the Brazilian Navy’s Submarine
Development Program.
»» Braskem’s sponsorship of the sixth
edition of the Paulínia Film Festival,
showing Brazilian and international
films, and including debates and
workshops in the town of Paulínia (SP).
»» Support for the International Literary
Festival in Cachoeira – Flica 2014 (BA).
»» Production by Enseada Shipbuilding of
a collection of books with stories told
in quilombos and the distribution of
7,000 copies in public schools and at
quilombo communities.
Argentina
»» Sponsoring the book “Pure Energy”
highlighted in the Mercury Awards, one
of the main communication awards
around the world, with first place in the
Customized Publications category –
General Audience - Engineering.
Peru
»» Launch of the first volume of a
collection of art books “Living Route
IIRSA North”, with photos and texts
displaying the cultural wealth of the
cities which skirt the highway.
O d e b r e c h t
49
2 0 1 5
BUSINESSES
The Odebrecht Group includes
several Businesses, Investment
Funds and Support Companies.
The following pages present specific
information about each of them as
well as the Odebrecht Foundation,
which develops a number of social
outreach programs.
CONSTRUCTION OF THE CHAGLLA DAM IN PERU, AN IMPORTANT ODEBRECHT ENGINEERING & CONSTRUCTION INTERNATIONAL PROJECT IN LATIN AMERICA
CONSOLIDATED FIGURES FOR ENGINEERING & CONSTRUCTION
GROSS
REVENUE
www.odebrecht.com
(IN MILLIONS)
BRL 33,140
USd 14,081
SHAREHOLDING
STRUCTURE
Ebitda
(IN MILLIONS)
BRL 3,157
USd 1,341
100%
Odebrecht Engenharia
& Construção S.A.
ODEBRECHT ENGINEERING & CONSTRUCTION IS
A NON-OPERATING HOLDING COMPANY THAT
CONSOLIDATES CONSTRUTORA NORBERTO
ODEBRECHT (ACTIVE IN BRAZIL) AND ODEBRECHT
ENGINEERING & CONSTRUCTION INTERNATIONAL
(ACTIVE IN LATIN AMERICA; THE UNITED STATES; AND
AFRICA, THE UNITED ARAB EMIRATES AND PORTUGAL,
AS WELL AS SPECIFICALLY IN THE INDUSTRIAL
ENGINEERING SEGMENT).
O d e b r e c h t
AWARDS AND RECOGNITION
CONSTRUTORA
NORBERTO ODEBRECHT
PROVIDES ENGINEERING & CONSTRUCTION
SERVICES IN BRAZIL THAT BENEFIT THE PUBLIC IN
AREAS SUCH AS TRANSPORTATION AND LOGISTICS,
ENERGY, SANITATION (WATER & SEWER), URBAN
DEVELOPMENT, MINING AND BUILDINGS FOR PUBLIC
AND CORPORATE USE.
51
2 0 1 5
“Guaranteeing our Survival, Growth and
Perpetuity translates as our ability to deliver
our Clients’ dreams on time with quality
while always promoting sustainability. To
do so, we need to increase productivity and
pursue innovation.”
»»Most Admired Company in Brazil,
for the 10th consecutive year, in
the Heavy Construction category,
from Carta Capital magazine.
»»Best contractor for the 5th
consecutive year, from Revista
Ferrofiária.
»»Ranked among the Best
Companies for Communication
with Journalists, by Negócios da
Comunicação magazine.
Benedicto Junior
ENTREPRENEURIAL LEADER (CEO)
COMPLETED PROJECTS
SHAREHOLDING
STRUCTURE
100%
Odebrecht Engenharia & Construção S.A.
1 share
Odebrecht S.A.
HIGHLIGHTS IN 2014
Construtora Norberto Odebrecht seeks
to promote sustainable development in
the regions where it is active. In 2014,
it recycled 60% of the solid waste
produced at its jobsites, obtained the gold
seal for its GHG emissions inventory and
supported the implementation of over 50
social outreach programs benefiting 183
communities with over 13,000 members.
»» Revitalization of the Barra oceanfront
area in Salvador, BA, Brazil
»» Petrópolis Group factory, PE, Brazil
»» Federal District Administrative Center,
Brasilia, DF, Brazil
»» Expressway – Atlantic Route, PE, Brazil
»» Barra do Furado 2 Logistical and
Industrial Complex, RJ, Brazil
»» Urban Development near Maracanã
Stadium, RJ, Brazil
»» Morro da Providência Cable-Car
System, RJ, Brazil
»» Bairro Novo Terra Nova – Nova
Friburgo Housing Units – Phase 2, RJ,
Brazil
»» Bairro Novo Trio de Ouro – São João de
Meriti Housing Units, RJ, Brazil
»» Bairro Novo Alemão – Complexo do
Alemão Housing Units, RJ, Brazil
»» Arco Metropolitano Highway, RJ, Brazil
»» Metal Overpasses for Arco
Metropolitano, RJ, Brazil
»» Maracanã Multimodal Station, RJ, Brazil
»» Capivari Water & Sewer Project – Lot 2,
SP, Brazil
»» Corinthians Arena, SP, Brazil
»» Main Hall for Prosub, Shipyard and
Naval Base, RJ, Brazil.
CONTRACTS AWARDED
»» New Joá Elevated Highway, RJ, Brazil
»» School Factory, RJ, Brazil
»» TransBrasil BRT Corridor, RJ, Brazil
»» Guandu Treatment Plant, RJ, Brazil
»» Refurbishing and Expansion of Rio de
Janeiro International Airport, RJ, Brazil
»» Flood Mitigation in North Northwest of
Rio de Janeiro State, RJ, Brazil
»» Praia Grande Outfall, SP, Brazil
»» Itaipaúna Bridge, SP, Brazil
»» Line 6 of the São Paulo Metro, SP, Brazil
»» Housing Units in São Bernardo do
Campo, SP, Brazil
»» Erection of Angra III Nuclear Power
Plant, RJ, Brazil
»» Lauro de Freitas Beltway, BA, Brazil
TELES PIRES DAM, A CONSTRUTORA NORBERTO ODEBRECHT PROJECT ON THE STATE LINE OF PARÁ AND MATO GROSSO, BRAZIL, WILL GENERATE UP TO 1,820 MW
O d e b r e c h t
AFRICA, UNITED ARAB EMIRATES & PORTUGAL
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LATIN AMERICA
UNITED STATES
INDUSTRIAL ENGINEERING & CONSTRUCTION
Engenharia & Construção Internacional
ODEBRECHT
ENGINEERING &
CONSTRUCTION
INTERNATIONAL
“We are confident that
our teams’ capacity for
achievement, allied with the
Group’s principles, will be
key to growth in Africa, the
UAE and Portugal”
“Our future in Latin America will
be anchored in local Leaders
and Members who will identify
us more and more with their
own values and beliefs and the
cultural and ethnic diversity that
distinguishes their countries”
“Our presence in the United States
in the last 25 years has made a
positive contribution to the Group
and its global image. We will
continue building and growing
while always practicing sustainable
development”
“Our priority for 2015 is
growing and consolidating
our operations outside Brazil.
To do so, we will rely on a new
generation of entrepreneurs
who are adept at cultural
adaptation and mobility”
Luiz Mameri
Euzenando Azevedo
Flávio Faria
CEO
CEO
CEO
HIGHLIGHTS IN 2014
HIGHLIGHTS IN 2014
HIGHLIGHTS IN 2014
HIGHLIGHTS IN 2014
»» Construction of the Laúca Dam, the
»» Nine new contracts, including the
»» Completion of elevated runway at Fort
»» Completion of 60 km of gas pipelines
Lobito Refinery and the Cambambe
Dam, and the Luanda BRT project
(Angola).
»» Conclusion of the expansion of the
Moatize coal mine and the opening
of the Nacala International Airport
Terminal (Mozambique).
»» Broke ground for the Eastern Corridor
Road and signed contracts for the
Central Corridor Road and Western
Railway Line (Ghana).
»» Construction of Abu Dhabi
PumpStation (United Arab Emirates0.
»» Construction of Baixo Sabor Dam
(Portugal).
Bocas del Toro Dam (Panama) and gas
pipelines: Sur Peruano (Peru) and Los
Ramones II Norte (Mexico).
»» Completed 12 projects, including the
Lima Metro (Peru) and the Port of
Mariel (Cuba).
»» Continued working on 37 other
projects, such as the Punta Catalina
Thermal Power Plant (Dominican
Republic), the Caracas Metro
(Venezuela) and the underground
train in Buenos Aires (Argentina).
»» 120 social/environmental programs
in 517 communities benefiting
106,500 people.
Lauderdale International Airport in
Florida.
»» Finalization of the Wharves
Strengthening Program in the Port of
Miami, Florida.
»» Awarded the contract for the Krome
Avenue Expansion project in Miami.
»» Projects at Miami International Airport.
»» Completion of over 65% of the Grand
Parkway in Houston Texas.
and compression plant for Cammesa;
dismantled the Coke Unit at the La
Plata Refinery for YPF (Argentina).
»» Conclusion of the Guanare Sugar
Complex and contract for Carito Pirital
Gas Compression Plant: Phase II for
PDVSA Agrícola (Venezuela).
Ernesto Baiardi
CEO
PROVIDES ENGINEERING &
CONSTRUCTION SERVICES FOR
INFRASTRUCTURE AND INDUSTRIAL
PROJECTS IN LATIN AMERICA (EXCEPT
BRAZIL) IN THE UNITED STATES,
AFRICA, UNITED ARAB EMIRATES AND
PORTUGAL, SERVING PUBLIC-SECTOR
AND PRIVATE-SECTOR CLIENTS.
IT CREATES WORK OPPORTUNITIES
FOR THE LOCAL COMMUNITIES AND
CONTRIBUTES TO THE SUSTAINABLE
DEVELOPMENT OF ALL THE REGIONS
WHERE IT IS ACTIVE.
SHAREHOLDING
STRUCTURE
100%
Odebrecht
Engenharia &
Construção S.A.
CIVIL CONSTRUCTION AND ELECTROMECHANICAL INSTALLATION FOR LAÚCA DAM IN ANGOLA
CONSTRUCTION OF CHAGLLA DAM IN PERU
MODERNIZING THE PORT OF MIAMI, IN THE UNITED STATES
»»Best Civil Engineering Design for
Laúca Dam from FILDA – Feira
Internacional de Luanda, in Angola.
»»One of the best companies to work
for according to the Great Place
to Work Institute in Argentina and
Mexico.
»»Best Company of the Year and
Best Company in the Industry,
according to Revista Fortuna
(Argentina).
»»Best engineering and construction
company in Colombia, according to
The Business Year.
»»Awards from ENR (Engineering
News-Record) magazine for the
Wharves Strengthening Program in
the Port of Miami and the Pumping
Stations in New Orleans, in the
United States.
»»Palma de Oro Award from
Panama’s National Environmental
Agency for GHG emissions
inventories.
»» Contracts for Sur Peruano Gas Pipeline
(Peru) and Punta Catalina Thermal
Power Plant (Dominican Republic).
CONSTRUCTION OF THE ETHYLENE XXI PETROCHEMICAL COMPLEX IN MEXICO
O d e b r e c h t
ODEBRECHT REAL
ESTATE DEVELOPMENTS
www.orealizacoes.com.br
GROSS
REVENUE
(in millions)
BRL 2,084
USD 885
Ebitda
(in millions)
DEVELOPS RESIDENTIAL, CORPORATE,
COMMERCIAL AND MIXED-USE
VENTURES IN BRAZIL THAT MEET
THE NEEDS AND SPECIFICS OF
EACH LOCATION AND DIFFERENT
AUDIENCES, COMBINING QUALITY AND
SUSTAINABILITY.
“We face the ongoing challenge
of making OR a benchmark for
innovation, technology, creativity and
efficiency in the service of our Clients’
satisfaction. To achieve that, we rely
on Leaders and teams for each project
who are committed to developing
increasingly sustainable ventures that
contribute to urban development”
Paul Altit
E ntrepreneurial L eader ( C E O )
BRL 349
USD 148
SHAREHOLDING
STRUCTURE
85.5%
Odebrecht S.A.
14.5%
Gávea Investimentos
ILHA PURA, RIO DE JANEIRO – A PLANNED DISTRICT COVERING AN OVER 800,000-M2 AREA
55
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HIGHLIGHTS IN 2014
PROJECTS DELIVERED IN 2014
PROJECTS LAUNCHED IN 2014
Reserva do Paiva, Pernambuco, has
become one of the most outstanding
planned districts in Brazil. In Rio de
Janeiro, in partnership with Carvalho
Hosken, OR launched Ilha Pura, the first
venture to receive the LEED ND green
seal in Latin America.
»» Terraço Laguna, Reserva do Paiva (PE)
»» Hotel Sheraton, Reserva do Paiva
»» Novo Mundo Empresarial, Reserva
»» Paradiso, Reserva do Paiva
»» Aqua Marine, Reserva do Paiva
»» Vent, Rio de Janeiro (RJ)
»» Ilha Pura, Rio de Janeiro (RJ)
»» Gabriele Station, São Paulo (SP)
»» Cidade Viva, Santo André (SP)
»» Homenagem Jaçanã – Phase 2,
do Paiva
»» Seletto, Rio de Janeiro (RJ)
»» Park One, São Paulo (SP)
»» Verde Morumbi, São Paulo (SP)
»» Bella Vila Mariana, São Paulo (SP)
»» Guaratinguetá Project, Santo
André (SP)
»» The Blue, Santos (SP)
»» Evolution, Alphaville (SP)
»» Jardins Mangueiral, São Sebastião (DF)
São Paulo (SP)
»» RSVP, São Paulo (SP)
»» Royal Campinas (Hotel), Campinas (SP)
»» LED Corporate, São Paulo (SP)
»» Lumine Park 710, Brasília (DF)
»» “Most Prestigious Companies” from
Época Negócios magazine, in the
Construction, Development and
Location category.
»» Prix d’Excellence, from the
International Federation of Real
Estate Professions (FIABCI) for Villa
dos Corais (Reserva do Paiva).
»» Ademi Bahia prizes for Hangar
Business Park (BA).
»» Ademi Rio de Janeiro prizes for the
Holiday Inn and Ilha Pura.
»» Ademi Pernambuco prize for
Terraço Laguna and Novo Mundo
Empresarial.
»» Real Estate Master prize for Rio
Corporate (RJ) and Brisas do Lago
(DF).
»» Americas Property Awards for
Praça São Paulo (SP) and Brisas do
Lago (DF).
»» Procel Edifica Seal of energy
efficiency awarded to Hangar
Business Park (BA).
O d e b r e c h t
HIGHLIGHTS IN 2014
ODEBRECHT ENVIRONMENTAL
»» Water supply and sewage collection
www.odebrechtambiental.com
GROSS
REVENUE
(in millions)
BRL 2,828
US$ 1,202
Ebitda
(in millions)
BRL 722
ODEBRECHT ENVIRONMENTAL INVESTS
IN AND OPERATES PROJECTS IN THREE
SEGMENTS: WATER AND SEWAGE, THROUGH
PARTNERSHIPS AND PUBLIC WATER
AND SEWER CONCESSIONS; UTILITIES
– OUTSOURCED UTILITIES PLANTS AND
SUPPLYING RECYCLED WATER; AND WASTE –
TREATMENT AND DISPOSAL OF INDUSTRIAL
AND CONSTRUCTION WASTE, AS WELL AS
REMEDIATION OF CONTAMINATED AREAS.
FOR THE UTILITIES SEGMENT, ODEBRECHT
ENVIRONMENTAL HAS A SUB-HOLDING
COMPANY, ODEBRECHT UTILITIES.
57
2 0 1 5
“Grooming new generations
that become an integral part of
the Businesses, consolidating
and expanding the practice
of TEO to overcome new
challenges. The quality of
service provided ensures the
satisfaction of our Clients
and users of our concessions,
thereby contributing to the
Group’s perpetuity”
and treatment for more than 17 million
people in 195 municipalities in 12
states from all regions of Brazil.
»» Important contribution to the
availability of drinking water in
the state of São Paulo during the
water crisis. Through Aquapolo,
guaranteed the supply of industries
in the ABC Petrochemical Complex
through industrial water reuse. In
water and sewage operations in São
Paulo, operational efficiency and
social mobilization for conscious
consumption avoided rationing.
»» Awarded water and sewer
concessions in Sumaré (SP), Paço
do Lumiar and São José do Ribamar
(MA), Bom Jesus do Tocantins,
Santana do Araguaia, São Domingos
do Araguaia and São João do
Araguaia (PA), in Brazil, and a water
management contract in Benguela
(Angola).
»» Agreement signed with local
companies in Salamanca (Mexico)
to develop a water reuse project to
supply the Pemex refinery.
Fernando Reis
USD 307
ODEBRECHT UTILITIES
SUBHOLDING COMPANY
SHAREHOLDING
STRUCTURE
SHAREHOLDING
STRUCTURE
70%
82.76%
30%
17.24%
Odebrecht S.A.
FI-FGTS
Odebrecht Environmental
Funcef
SUMARÉ TREATMENT STATION: ODEBRECHT ENVIRONMENTAL BEGAN OPERATIONS IN SUMARÉ, SÃO PAULO, BRAZIL
»»National Water and Sewer Quality
Award (PNQS): Silver Trophy for
Mauá Unit; and Bronze trophy for
Jaguaribe Unit (BA).
»»Third place for Limeira unit in the
Water and Sewer Ranking of the
Trata Brasil Institute.
»»Exame magazine’s Infrastructure
Yearly 2014/2015: the Sanitized
City project in the Recife
Metropolitan Area was voted
one of the 15 priority projects for
Brazil’s development, according to
a study by the KPMG consulting
firm.
»»Green Seal from the Chico Mendes
International institute for Research
and Social-Environmental
Responsibility for the Cachoeiro de
Itapemirim Unit.
»»Second Legal Sustainability Prize
from the Verde Ghaia consulting
firm: 2nd place in the Environment
category for the Jeceaba Unit
(MG).
»»First prize, won by the Aquapolo
Unit, in the general category of
the Inter-American Development
Bank (IDB) and Harvard University
Infrastructure 360º Awards.
O d e b r e c h t
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ODEBRECHT Latinvest
www.odebrechtlatinvest.com
GROSS
REVENUE
(in millions)
BRL 2,229
USD 947
ODEBRECHT LATINVEST WAS CREATED IN 2012
TO CONSOLIDATE THE ROAD CONCESSIONS
ALREADY AWARDED IN PERU AND COLOMBIA,
AS WELL AS IDENTIFYING NEW OPPORTUNITIES
TO INVEST IN AND OPERATE TRANSPORTATION
AND LOGISTICS SYSTEMS IN LATIN AMERICA
(EXCEPT BRAZIL).
Ebitda
“Odebrecht Latinvest has the
Odebrecht Entrepreneurial
Technology in its DNA. It is
that basis of Principles and
Values, together with our
capacity for achievement in
pursuit of the satisfaction of
our Users-Clients, that drives
us to pursue increasingly
challenging opportunities.”
»»Project Finance Deal of the Year
award for Rutas de Lima for the
complete financing of the project.
»»LEED certification from the US
Green Building Council: precertification for Rutas de Lima for
the Villa Toll Collections Control
Center.
»»Vias Nuevas de Lima highway was
a finalist in the Inter-American
Development Bank’s 2014
Infrastructure 360º awards.
Jorge Barata
(in millions)
E x ecutive D irector
BRL 352
USD 150
LATINVEST AFFILIATES
SHAREHOLDING
STRUCTURE
100%
Odebrecht Participações
e Investimentos S.A.
1 share
Odebrecht S.A.
»» Sur Peruano Gas Pipeline –
partnership with Enagas of Spain
(25%) to build, operate and maintain
1,134 km of pipelines between Cusco
and the port of Ilo in southern Peru.
»» IIRSA North highway (1,090 km) –
the first public-private partnership
in road infrastructure in Peru, linking
the Pacific and Atlantic Oceans and
crossing the Andes Mountains and
Peruvian Amazon.
»» IIRSA South highway (656 km) –
maintenance and operation of the
South Inter-Oceanic Highway, linking
Cusco to Iñapari, on the border with
the Brazilian state of Acre.
»» Rutas de Lima (115 km) – responsible
for upgrading and preserving the
Peruvian capital’s three main access
routes.
»» Ruta del Sol (528 km) – divided
highway linking the provinces to the
Caribbean coast in Colombia.
HIGHLIGHTS IN 2014
»» Sur Peruano Gas Pipeline: USD
7.3-billion investment to make
redundant the road transportation
of oil and natural gas and associated
liquids.
»» Financing for Rutas de Lima raised
entirely in the Peruvian market – the
largest bond issue in local currency in
Peru.
»» Concession of an 86-km section
of the Olmos-Lambayeque route,
part of IIRSA North, in Peru, with an
investment of USD 250 million.
SUR PERUANO GAS PIPELINE – 1,134-KM SYSTEM LINKING CUSCO AND THE PORT OF ILO
O d e b r e c h t
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ODEBRECHT OIL & GAS
www.odebrechtoilgas.com
GROSS
REVENUE
(in millions)
BRL 2,950
USD 1,253
Ebitda
DEVELOPS INTEGRATED SOLUTIONS FOR THE
UPSTREAM OIL & GAS INDUSTRY IN BRAZIL,
ANGOLA, MEXICO AND VENEZUELA IN THE
INVESTMENT AND OPERATIONS PHASES
(CAPEX AND OPEX). ACTIVE IN THE OFFSHORE
DRILLING, SUBSEA CONSTRUCTION, OFFSHORE
PRODUCTION, MAINTENANCE AND SERVICES, AND
SPECIALIZED WELL SERVICES WITH A FOCUS ON
OPERATIONAL EXCELLENCE AND ADDED VALUE
FOR CLIENTS AND SHAREHOLDERS.
(in millions)
BRL 1,212
USD 515
“In 2014, we improved our
performance indicators,
guaranteeing our Clients’
satisfaction. Our operational
excellence is the result of a
combination of Knowledgeable
People, the use of advanced
technologies and the constant
pursuit of zero accidents,
driving us to win over new
Clients, provide new Services
and Internationalize our
operations, prioritizing Mexico
and Angola.”
Roberto Simões
OIL & GAS TEAM OPERATING AN OFFSHORE DRILL RIG
SHAREHOLDING
STRUCTURE
81.43%
Odebrecht S.A
13.57%
Temasek Holding
(Atlantic Oilfield)
5%
Gávea Investimentos
HIGHLIGHTS IN 2014
Odebrecht Oil & Gas stood out in
2014 as the Brazilian company with
the largest fleet of ultra-deepwater offshore drilling units, ranking
seventh in the world. Its entire fleet
is comprised of 18 units, including
seven offshore drill rigs in operation,
five under construction, two FPSOs
(Floating Production, Storage and
Offloading vessels) in operation, a third
under construction, and three PLSVs
(Pipe Laying Support Vessels), also in
operation.
»» Cidade de Itajaí FPSO, Santos Basin,
»» ODN Delba III: first rig to drill in the
Brazil: uptime (time the unit has been
operating or at the Client’s disposal):
99.9%.
»» Accumulated oil production: 26.5 MM
bbls (Cidade de Itajaí FPSO + North Sea
Producer FPSO, in the North Sea).
»» Awarded contract for Pioneiro de Libra
FPSO, to operate in the Santos Basin,
Brazil.
»» Began operating three PLSVs.
»» Offshore Maintenance and Services:
signed UO-RIO II contract and renewed
contracts with Statoil and Shell.
Pre-Salt oil-for-stock capitalization
venture in less than 100 days.
»» 51% reportable incidents (down from
5.1 to 2.5).
»» Offset 100% of carbon emissions from
its operations in partnership with OCT
at the Pratigi Environmental Protection
Area (Southern Bahia Lowlands, Brazil).
PROJECTS UNDERWAY
»» Charter and operation of three semisubmersible rigs, four drill ships, two
production units and three PLSVs.
Construction of drill rigs (Ondina,
Boipeba, Pituba, Interlagos, Botina and
Pioneiro de Libra FPSO).
»» Repairs, installation, modification,
maintenance and engineering,
management of integrity and
inspection of offshore assets for
Clients like Shell and Statoil.
»»O FPSO Cidade de Itajaí obteve
um dos melhores índices de
performance em 2014 entre as
unidades de produção que operam
nas regiões Sul e Sudeste do país.
»»Manutenção e Serviços Offshore:
recebeu o Reconhecimento pela
Melhoria Contínua em Segurança
do Cliente Statoil.
»»FPSO North Sea Producer:
recebeu o Prêmio de Inovação em
Segurança da Associação Oil &
Gas UK operando para o Cliente
ConocoPhillips (Reino Unido).
O d e b r e c h t
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Affiliates
Urban Mobility
»» It moves 1.3 million people daily on
Odebrecht Transport
www.odebrecht-transport.com
GROSS
REVENUE
(in millions)
BRL 3,368
USD 1,431
Ebitda
(in millions)
BRL 416
USD 177
Odebrecht TransPort develops, establishes,
operates and invests in projects in the sectors
of urban mobility, roads, seaports, airports and
integrated logistics systems. It makes long-term
investments focused on transforming Brazil’s
infrastructure. The company helps boost the
productivity of Brazilian companies and the
nation’s economy. The public service concessions
have the chief aim of fulfilling its users’ wishes,
offering them new experiences and improving
the public’s quality of life. With 20 affiliates by
the end of 2014, Odebrecht Transports created,
as a subholding, Odebrecht Mobilidade, together
with Mitsui & Co. Ltd., from Japan. The company also
relies on Odebrecht Rodovias as a subholding.
“We are a bridge
between the present
and the future. As
investors and operators
of infrastructure
companies, we link
together two eras: that
of the urgent current
needs and that of the
materialization of the
dreams of a developed
and just country”.
trains (SuperVia-RJ) and subway (Via
Quatro Linha 4 – SP). It participates
in the construction of Line 6 of the
São Paulo subway (Move São Paulo),
the Carioca VLT (RJ), and the Goiânia
VLT (GO), which will carry 1.1 million
passengers daily. It is responsible for
the installation of 7.500 bus shelters
in the city of São Paulo, through
Otima.
Highways
»» It participates in eight highway
concessions for a total of 1.779 km in
six states, through which an average
857 thousand equivalent vehicles
travel daily. These are: Rota das
Bandeiras (SP), Rota do Atlântico
(PE), Rota dos Coqueiros (PE), Bahia
Norte (BA), Litoral Norte (BA),Rota
das Fronteiras (PR), Rota do Oeste
(MT) e ViaRio (RJ). It also has a
share of ConectCar, a company that
operates an electronic system of tolls,
parking and fuel.
Airport
»» Concession holder RIOGaleão is
responsible since August 2014 for the
expansion, remodeling and operation
of Antonio Carlos Jobim International
Airport, in Rio de Janeiro.
Paulo Cesena
subholdings
Logistics
»» It participates in the operation of the
container terminal Embraport, in the
port of Santos (SP) of Liquiport, a
bulk liquid terminal at Vila Velha (ES);
and of the Logum ethanol pipeline
transportation system.
HIGHLIGHTS IN 2014
»» Improvement of the railway
passenger transportation system in
Rio de Janeiro, with 135 new trains
in service, increase of 400 thousand
new seats daily and a daily record of
680 thousand passengers.
»» Western Route (MT): start of
work and of operation, with a 30%
reduction of fatal accidents.
»» Award of the concession of the PR323 Corridor, the Borders Route (PR).
»» RIOGaleão: Tom Jobim International
Airport: start of management.
»» Embraport (SP): one year of
operation, with more than 300 ships
docked and 570 thousand containers
moved. Received ISO 28000
certification of Security in the Logistic
Chain, unprecedented in Brazil, and
recommendation for ISO 9001 of the
Quality Management System.
SHAREHOLDING
STRUCTURE
SHAREHOLDING
STRUCTURE
59.39%
60%
30%
40%
Odebrecht S.A.
FI-FGTS
Odebrecht TransPort
»»Rota das Bandeiras: Quality Award
for Services Rendered to Users
(Artesp); 3rd best Highway in Brazil
(National Transport Confederation).
»»SuperVia – Best Passenger
Operator (Revista Ferroviária);
Best Passenger Information App
(Wide magazine).
»». Otima – Finalist of Caboré 2015, in
the category Media Platform.
SHAREHOLDING
STRUCTURE
100%
Odebrecht TransPort
Mitsui & Co., Ltd.
10.61%
BNDESPAR
Western Route: recovery, maintenance and improvements in 850 km of BR-163, the main
channel for the outflow of the production of grains from the Brazilian Center-West
O d e b r e c h t
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HIGHLIGHTS IN 2014
»» The construction of the project
Braskem
www.braskem.com.br
GROSS
REVENUE
(in millions)
BRL 53,082
USD 22,554
Ebitda
(in millions)
Braskem is the leading thermoplastic
resin producer in the Americas
(polyethylene, polypropylene and
PVC) and the largest polypropylene
producer in the United States. A
Company with over 8,000 Members, it
owns 36 industrial units: 29 in Brazil,
five in the United States and two
in Germany, with a total installed
capacity of over 16 million metric
tons of basic petrochemicals and
thermoplastic resins per year.
“Our history is made of a sequence
of overcome challenges. As in
other important stages, I am
convinced that we shall be better,
stronger and better prepared
to keep surviving, growing and
perpetuating our principles and
our successful performance in
petrochemicals”.
Carlos Fadigas
BRL 5,620
USD 2,388
Total
Equity
38.32% Odebrecht
36.08% Petrobras
25.60% Outros
Voting
stock
50.11% Odebrecht
47.03% Petrobras
2.86% Other
AT THE TRIUNFO PETROCHEMICAL COMPLEX (RS), SCIENTISTS AND TECHNICIANS ENSURE ADVANCES
IN RESEARCH AND DEVELOPMENT OF SYNTHETIC POLYMERS FOR MORE EFFICIENT PLASTICS
in Mexico in partnership with the
Mexican group Idesa reached 88% of
physical progress at the end of 2014.
»» Complementing its portfolio of
UTEC (Utra-high Molecular Weight
Polyethylene) in Brazil, Braskem
announced investment in a plant to
produce this 100% Brazilian resin in
the United States.
»» Conclusion of expansion and
conversion of one of the producing
lines of polyethylene in Bahia, for the
production of PEBDL metallocene base.
»» Net consolidated revenue reached
R$46 billion – an increase of 12% in
comparison with 2013.
»» EBIITDA rose 17% in relation to 2013.
The recovery of petrochemical
spreads in the international market,
the 9% depreciation of the Real and a
gain of R$277 million on the sale of a
non-strategic asset stand out.
»» The company reached a net profit of
R$276 million.
»» The leverage measured in dollars
through the relation net debt/EBITDA
was of 2.58 times, a reduction of 10%
relative to the previous year.
Exports
»» Net revenue of Brazilian operations
with the export to more than 40
countries of thermoplastic resins
and basic petrochemicals totaled
US$ 5.1 billion.
»» Net revenue, considering assets
abroad, was US$ 8.5 billion.
»»One of the 50 most innovative
companies in the world, according
to the American Fast Company
magazine.
»»Transparency Award from the
National Association of Finance,
Administration and Accounting
Executives (Anefac), for the 6th
time.
»»Included for the tenth consecutive
year in the Entrepreneurial
Sustainability Index (ISE) of BM&F
Bovespa.
»»One of the ten best Brazilian
companies in leadership
formation, by the Hay Group
consultants in business
management.
O d e b r e c h t
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HIGHLIGHTS IN 2014
ODEBRECHT Agroindustrial
www.odebrechtagroindustrial.com
GROSS
REVENUE
(in millions)
BRL 3,328
USD 1,414
Ebitda*
(in millions)
BRL 1,594
USD 677
Odebrecht Agroindustrial consolidates the
production of ethanol, sugar and power,
seeking to create value for all stakeholders
in the business. Its strategy is based on
competitiveness, sustainability and focus
on people. The company guarantees the
generation of clean, renewable energy,
preserves the environment, contributes to
the development of its local communities, and
offers the best working environment for its
members. Located in four Brazilian states (São
Paulo, Goiás, Mato Grosso do Sul and Mato
Grosso), its nine Agroindustrial Units foster
local economic and social development.
“Odebrecht Agroindustrial
was created with the
strategic vision that
renewable fuel is a
promising business for
Brazil. Given the Odebrecht
Group’s confidence in us, we
have focused our work on
productivity to reap better
results from each harvest.”
Luiz de Mendonça
*Includes capital gains from
the sale of energy assets to
Odebrecht Energia Renovável
and of revenues for the
farming mark to market. The
amount refers to the period
January-December 2014 and
not to the crop year.
SHAREHOLDING
STRUCTURE
99.99%
Odebrecht
Agroindustrial
Investimentos
0.01%
Other
GOIÁS POLE (RIO CLARO UNIT, BRAZIL) – PRODUCTIVITY AND COMPETITIVENESS IN THE FIELD OF ENERGY FROM SUGAR
In a challenging year for the sector
of energy from sugar, Odebrecht
Agroindustrial improved its operation
thanks to a financial contribution by the
Odebrecht Group and took the leadership
of Bahiamido, a manufacturer of manioc
starches grown and supplied by local
farmers organized in cooperatives.
»» Capitalization: contribution of R$836
million by Odebrecht Group for capital
increase and subscription of private
debentures for a total of R$2 billion.
»» Productivity and competitiveness: the
milling of the 2014/2015 crop reached
a record 24 million tons.
»» New business: structuring Odebrecht
Terras.
»» Star of production at Biocom, first
company in Angola to produce and
commercialize sugar, ethanol and
electric power from biomass.
»» Establishment of sugar cane straw
packing at the Costa Rica Unit
(MS) with the aim of expanding
the availability of straw as fuel for
the boilers, thus maximizing power
efficiency and the offer of clean
energy.
Exports
»» Sugar – 517.5 thousand tons
(US$ 187.8 million) exported to
24 countries.
»» Ethanol – 33,3 m3 (US$18.8 million)
exported to a single country, Korea.
»»Children’s Friendly Company Seal –
awarded by the Abrinq Foundation
due to practices related to rejection
of child labor in the premises
of the Organization and/or the
employment of young people in
night shifts.
»»500 best Agrobusiness Companies
– elected best company in the
sector of Sugar and Biofuels for
the award offered by Dinheiro Rural
magazine.
»»Exame Sustainability Guide – one
of the three featured companies in
the Agrobusiness category.
O d e b r e c h t
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HIGHLIGHTS IN 2014
Enseada SHIPBUILDING
www.enseada.com
GROSS
REVENUE
(in millions)
BRL 2,966
USD 1,260
Ebitda
Enseada Shipbuilding builds
and consolidates offshore
platforms, FPSOs and drill
rigs, representing a BRL
3.2-billion investment.
Located in Maragojipe, Bahia,
the Enseada Shipyard, the
company’s headquarters
is considered one of the
largest in Brazil.
“2014 was a challenging year and brought the
Partial Operation License, the authorization
that the company needed to fulfill its
contracts ensuring the development of
technologies for the country. We are
establishing a state of the art shipyard in
world shipbuilding”.
Among important achievements, Enseada
secured in October the Partial Operation
License issued by Ibama. This permitted
the start of construction of the first stages
of the Ondina and Pituba vessels. The
conclusion of the three wharves made
possible the docking of ships carrying
the equipment for the beginning of the
industrial stage of the undertaking and of
the super crane Goliath, 150 meters tall.
Establishment of Paraguaçu shipyard
»» 81.5% of the work concluded.
»» R$ 2.6 billion in already incurred costs.
»» Final stage of conclusion of Wharves 1,
2 and 3.
»» Securing of the Operation License.
Project Sondas (Bahia)
»» 54% of physical progress for the first
Probe (Ondina).
»» Construction of the hulls of Ondina and
Pituba Probes.
Project FPSOs Conversion
(Rio de Janeiro)
»» 83% of the Project concluded.
Fernando Barbosa
Support Units
»» More than 2 thousand people
qualified in professional courses in the
Recôncavo Baiano.
»» Signature of the concession contract
for the construction and operation of
the Private Use Terminal (TUP).
»» Establishment of clean financing
structures, without the need for
endorsement and guarantees from
shareholders.
»» Optimization of the Corporate
Structure, with a reduction of 16% in
expenses in relation to the PA.
»» More than 2 thousand patients
received at health fairs.
»» Replanting of 40 hectares of riparian
vegetation in the Area of Direct
Influence.
(in millions)
BRL 88
USD 37
»»4th Naval Quality and Sustainability
Award, promoted by Sinaval
(Sindicato Nacional da Indústria de
Construção e Reparação Naval e
Offshore), through the Verde Novo
Program.
»»National Award of the Council of
Public Relations Professionals (POP),
with the Navegando Juntos blog.
»»Two national and four regional
presentations of the Aberje
Award (Associação Brasileira de
Comunicação Empresarial) for
communications activities carried
out with communities.
SHAREHOLDING
STRUCTURE
70%
Enseada Indústria
Naval Participações
50% Odebrecht
25% OAS
25% UTC
30%
Kawasaki
Heavy Industries
The Enseada shipyard, one of the largest undertakings of private initiative in
Bahia and in Brazilian shipbuilding industry, is 80% concluded
O d e b r e c h t
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Odebrecht
DEFENSE & TECHNOLOGY
www.odebrechtdefesa.com
GROSS
REVENUE
(in millions)
BRL 109
USD 46
ODT provides innovative solutions that
contribute to Brazil’s technological
independence and help meet the
Brazilian Armed Forces’ challenge of
guaranteeing national sovereignty.
The company’s operations focus on
the design, development, assimilation,
consolidation, management and
application of state-of-the-art
technologies for the execution of
priority defense projects for Brazil.
“The year 2015 will be extremely
challenging for Odebrechjt Defense
& Technology. Nevertheless, I am
confident that we will surmount the
challenges we face and, together
with the Odebrecht Group’s other
Businesses, consolidate the
foundations for a new cycle of
strong growth.”
André Amaro
SHAREHOLDING
STRUCTURE
100%
Odebrecht S.A.
1 share
Belgrávia Serviços e Participações S.A.
Affiliates
»» Itaguaí Construções Navais (ICN): for
the construction of conventional and
nuclear propulsion submarines of the
National Program for the Development
of Submarines (PROSUB) of the
Brazilian Navy.
»» Consortium Baia de Sepetiba (CBS):
»» Signature of the Memorandum of
responsible for planning, coordination,
management and administration of
the interfaces of PROSUB.
»» Mectron: devoted to the development
and manufacturing of complex
products and systems for military
and civilian use, such as missiles,
radar, avionics, command, control,
communication and intelligence.
Understanding with the Swedish
company Saab for the participation of
the FX-2 Program ( fighter airplanes
for FAB).
»» Supply of equipment for the satellite
CEBRS-4, launched successfully in 2014.
»» Finalization of equipment for the
Program VLS-40 (Launching Vehicle)
and SARA (Sub-orbital Atmospheric
Reentry Satellite).
»» Successful carrying out of the
campaign for the launching of Missile
MAA-1 at Canoas.
»» Signature of the new contract for Missile
MSS 1.2 with the Brazilian Army.
»» Successful carrying out of tests for
integration of Radar SCP-01 to the
AMX aircraft modernized for FAB.
»» Gross revenue of R$176million and
EBITDA of R$76 million at ICN*.
HIGHLIGHTS IN 2014
Odebrecht Defesa e Tecnologia moved
forward in absorption of technology
and in the construction by ICN of the
PROSUB submarines and developed the
Data Link for the Brazilian Air Force and
software defined radio for the Brazilian
Army. It also formalized contracts with
the Brazilian Navy for the development
of the IPMS management system for
submarines and the National Heavy
Torpedo at a reduced scale.
»»Certification of Odebrecht Defesa
e Tecnologia as Strategic Defense
Company by the Ministry of
Defense of Brazil.
»»Mectron Award as Outstanding
Company in Export of Services,
in the category “Export of
Engineering Services”, given by
the Foreign Trade Association of
Brazil (AEB) in partnership with the
Ministry of Development, Industry
and Commerce (MDIC).
*Due to the accounting rules used, the consolidation of the
financial information of ICN is done through patrimonial
equivalence (CPC 19).
Metal Structures Manufacturing Unit at Itaguaí, Rio de Janeiro: Odebrecht participates in the program of construction of five
new submarines for the Brazilian Navy, including the first one in the country with nuclear propulsion
O d e b r e c h t
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Odebrecht Africa Fund
Affiliates
Develops and entrepreneurs strategic
investments that reaffirm Odebrecht’s
commitment as a long-term investor in
Africa and create crosscutting business
opportunities within the Group.
present throughout Angola.
»» Belas Shopping, Luanda’s mall.
»» Sociedade Mineira de Catoca mining
company (Angola).
»» Concession for Block 16 in Angola’s
oil-producing basin.
»» NossoSuper supermarket chain,
Highlights in 2014
»» Expansion of the NossoSuper
supermarket chain, which will grow its
total sales outlets by 70% based on the
first project financing ever structured
in the Angolan market.
SANTO ANTÔNIO HYDROPOWER PLANT, UNDER CONSTRUCTION IN MADEIRA RIVER, RONDÔNIA STATE: 3.586 MW FOR DISTRIBUTION THROUGHOUT BRAZIL
Investments
Fundo Odebrecht Brasil
Makes investments in the Brazilian
energy sector.
Energy assets in Brazil
»» Senandes Corridor Wind Power
Complex, RS – 108 MW from four wind
parks.
»» Odebrecht Renewable Energy – 738
MW from nine thermal power plants.
Investments
»» Santo Antônio Hydropower Plant,
Rondônia state – 3,568 MW.
»» Teles Pires Hydropower Plant, Mato
Grosso/Pará states – 1,820 MW.
Highlights
Senandes Corridor Wind
Power Complex
»» Completed Assembly of Aerofoil-
»» Began test operations of the Wind
Complex.
Odebrecht Renewable Energy
»» Completed purchase of Odebrecht
Agroindustrial’s electricity
cogeneration assets, with the transfer
of ANEEL grants.
»» Implemented energy sales strategy
(capturing BRL 96 million in gains).
»» Enabling the purchase of 265 metric
tons of additional biomass to increase
power generation, together with
Odebrecht Agroindustrial.
Powered Generators for Wind Turbine
Complex.
»» Operating License Issued for Wind
Turbine Complex and its transmission
line.
NOSSOSUPER SUPERMARKET CHAIN , IN ANGOLA, WILL GROW ITS TOTAL SALES OUTLETS BY 70%
O d e b r e c h t
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SUPPORT
COMPANIES
Odebrecht
Serviços de Exportação
Odebrecht is one of Brazil’s leading
exporters of goods and services, with
participation in large international projects.
Odebrecht Serviços de Exportação
is the company that helps Odebrecht
Group Businesses meet the challenges
of importing and exporting goods and
services, global sourcing, and expatriating
Members.
Odebrecht Latin Fund
Manages investments in the
infrastructure sectors in Latin America
and consolidates investments that
leverage the Group’s engineering &
construction projects. Its portfolio is
focused on the energy and irrigation
segments.
ODEBRECHT EXPORTS GENERATED OVER USD 1 MILLION IN FOREIGN EXCHANGE FOR BRAZIL
Main Assets
»» Trasvase Olmos Concession (Peru):
20-year concession for construction
and operation of a dam and a 20-km
tunnel through the Andes to convey
water for irrigation projects and
hydroelectric plants.
»» H2Olmos Concession Company
(Peru): 25-year concession to build
and operate the infrastructure used to
irrigate 43,500 hectares.
»» Chavimochic III Concession Company
(Peru): Building water supply
infrastructure.
»» Navelena Concession Company
(Colombia): A project to restore the
navigability of the Magdalena River.
»» Chaglla Hydropower Complex (Peru):
two 225-MW generator units, a 6-MW
small hydroelectric plant and a 127-km
transmission line.
»» Bocas del Toro Hydropower Complex
(Panama): a 224 MW unit and a 18-km
transmission line.
»» Belo Horizonte Hydropower Complex
(Peru): a 240 MW unit and a 20-km
transmission line.
»» Chadin II Hydropower Complex (Peru):
installed capacity of 600 MW and a
110-km transmission line.
Odebrecht Engineering & Construction
companies exports
Generated
USD 1,059 million
in foreign exchange for Brazil through
exports of goods and services
211,837
work opportunities
2,783
Brazilian
companies
that supply
goods and
services to
projects in other
countries
created directly and indirectly in Brazil
OLMOS PROJECT: WATER TRANSPORTATION, IRRIGATION AND ENERGY GENERATION IN PERU
Value of goods exported:
Highlights in 2014
»» Trasvase Olmos Concession Company
(Peru): Began ongoing operations to
divert, consolidate and transport water
from the Huancabamba River.
»» H2Olmos Concession Company:
Completed water testing
and construction of irrigation
infrastructure.
»» Chaglla Hydropower Complex (Peru):
Construction of the project reached
the 90% mark.
»» Chavimochic III Concession Company
(Peru): Began preliminary works.
USD 325 million
48,405 items exported
Goods:
510 small firms
766 large firms
Services:
1,356 small firms
2,212 expatriates
151 large firms
O d e b r e c h t
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Odebrecht
Previdência
Helps Members plan and lead their lives
so they can build up assets they can
enjoy during the post-career phase
of their lives. It does so by managing
supplementary pension plans for
Brazilian Members and for non-Brazilian
expatriates. It also facilitates plans for local
Members in each of the countries where
the Group is active.
Odebrecht Previdência
Indicators
Accumulated return in 2014
(per Investment Profile):
Number of Participants:
Short-term 9.77%
Profile for 2020 9.23%
153
Total assets managed:
20,641
Number of pensioners:
BRL 1.979 billion
USD 745 million
Odebrecht Comercializadora de Energia captures synergies with economies of scale for Odebrecht Group
Odebrecht
Comercializadora
de Energia
Provides support for Odebrecht
Group companies in buying and selling
electric energy required and produced
by its shareholders, as well as related
services, such as market intelligence
and regulation and risk management
in the electric energy sector in Brazil
and other markets. Its mission is to
create a unique platform and capture
synergies with economies of scale and
increased visibility in the energy market,
as well as to consolidate institutional
representation.
Its shareholders, each with equal stakes,
are Odebrecht Energy, Odebrecht
TransPort, Odebrecht Environmental,
Odebrecht Agroindustrial and Braskem.
Main Indicators for 2014
19 Generator units
26 Free consumption units
Installed generating capacity:
1,762 MW
Charge:
626 MW average
or 5,484 GW
Total value of generation and
charge contracts managed by
Odebrecht Comercializadora de
Energia: BRL 1 billion.
YOUNG PARTICIPANTS OF ODEPRECHT PREVIDÊNCIA PLAN: FROM LEFT, RAQUEL PEREIRA (CONSTRUTORA NORBERTO ODEBRECHT).
DANIEL NETTO (ODEBRECHT REAL ESTATE DEVELOPMENTS) AND FLAVIA RIBEIRO (BRASKEM)
O d e b r e c h t
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Odebrecht
Corretora de Seguros
Odebrecht
Engenharia de Projetos
Helps Odebrecht Group companies
identify and mitigate risks. Develops
innovative risk transfer solutions and
Brazilian and international insurance and
reinsurance coverage.
Active in all Odebrecht Group businesses,
developing intelligent and innovative
Project Engineering solutions.
Surety Bonds
»» Detailed engineering services for the
Highlights in 2014
Mauá Unit Wastewater Treatment
System, for Braskem.
»» Evaluation of the basic design and
help with developing the proposed
The surety bonds program works with
over 60 partners, including local and
multinational insurance and reinsurance
companies, and multilateral and export
credit agencies.
In 2014, the value of Group’s lines of surety
bonds grew by nearly USD 1.8 billion.
During that period, it issued over 2,000
new surety bonds representing almost
USD 2.5 billion in utilized capacity.
budget for the Sonaref Project, for
Odebrecht Engineering & Construction
International – Industrial Engineering
and Construction.
»» Detailed engineering services for
the Pascuales-Cuenca Multipurpose
Pipeline’s Storage Terminals and
Pumping Stations, for Odebrecht
International – Latin America.
»» Quality control for the STEP (Strategic
Tunnel Enhancement Program)
project, for Odebrecht Engineering &
Construction International – Africa,
United Arab Emirates and Portugal.
»» Quality Control for the Rio Manso
System project, for Construtora
Norberto Odebrecht.
»» Detailed engineering services and
support the proposed budget for
the SisGAAz Project (Blue Amazon
Management System), for Odebrecht
Defense & Technology.
Insurance and
Bond Indicators
Total Insurance Coverage
(at December 31, 2014):
USD 100.5 billion
E&C: USD 41.8 billion
Other Businesses*: USD 13.7 billion
Assets**: USD 45 billion
Total Bond Coverage
(at December 31, 2014):
USD14.3 billion
E&C: USD 12.5 billion
Other Businesses*: USD 1.4 billion
Assets**: USD 370.3 million
PORTO DE CALLAO, PERU: ODEBRECHT CORRETORA DE SEGUROS SUPPORTS ALL PROJECTS OF ODEBRECHT GROUP COMPANIES
Life and Health
Indicators
Members covered by life, health and
tenant guarantee insurance:
Odebrecht Corretora de Seguros is
responsible for managing all Life and
Health policies for the Odebrecht
Group’s Members, as well as tenant
guarantee insurance
Health Insurance 241,074
Dental Insurance
129,649
Life Insurance
(Group and Optional)
190,870
Tenant Guarantee Insurance
*Other Businesses: Enseada Shypbuilding, Odebrecht Defense & Technology, Odebrecht Environmental, Odebrecth TransPort,
** Assets: Odebrecht Agroindustrial, Odebrecht Oil & Gas, Braskem
389
SONAREF REFINERY, UNDER CONSTRUCTION IN ANGOLA, FOR PROCESSING UP TO 200,000 BARRELS OF OIL PER DAY
O d e b r e c h t
Social
Action
81
2 0 1 5
“As the Odebrecht
Foundation marks its
50th anniversary, this
is the time to evaluate
the results achieved and
renew our commitment
to the present and future
of young people and their
families. We will carry
on building a history of
effective social change.”
ODEBRECHT
FOUNDATION
www.fundacaoodebrecht.org.br
The Odebrecht Foundation is one of the oldest corporate foundations in Brazil. As it
celebrates its 50th anniversary in 2015, it continues to play the role of coordinating
specific technologies and consolidating the results of programs that are helping
strengthen a community that plays a leading role in and takes responsibility for its own
sustainable development. Its mission is “Education for Life through Work on the basis of
Values and overcoming Limits.”
It is currently coordinating three initiatives:
»» Development and Integrated Growth Program with Sustainability for the Southern
Bahia Lowlands Environmental Protection Areas Mosaic (PDCIS): fostering the
productive development of rural families while bolstering four types of capital human, productive, social and environmental.
»» Tribute to the Future: enables Odebrecht Members and Partners to contribute to
the education of children and adolescents through donations and/or assignment of
income task owed.
»» Publishing Program: publication and sale of books on the Odebrecht Entrepreneurial
Technology (TEO).
Eduardo Odebrecht de Queiroz
V ice C hairman of the B oard of T rustees
of the O debrecht F oundation
Highlights in 2014
»» The Odebrecht Group invested about
BRL 40 million in PDCIS projects
involving over 350 communities,
benefiting 36,000 people directly and
285,000 indirectly.
»» About 800 young people graduated
or were enrolled in Family Houses and
over 650 farm families benefited.
»» Over 50 Partners and Social Investors
mobilized to support over 15 social
institutions.
»» Over 10,000 investors took part in the
2014 Tribute to the Future campaign,
raising approximately BRL 6 million.
»» Agreement signed with the InterAmerican Development Bank (IDB)
through the Multilateral Investment
Fund (MIF) and the Land Conservation
JOVAN DO NASCIMENTO, A RESIDENT OF THE JULIANA COMMUNITY IN THE SOUTHERN BAHIA LOWLANDS, BRAZIL, BENEFITS FROM AN INSTITUTION BACKED BY THE ODEBRECHT FOUNDATION
Organization (OCT) to invest USD 1
million from the IDB/MIF and USD
1 million from the OCT in projects
aimed at increasing farm production
and using sustainable practices. The
Mitsubishi Corporation was a cofinancier, providing funding of roughly
USD 600,000.
»» Selected by the Criança Esperança
(Child Hope) Program – organized
by the Globo Network and UNESCO
(United Nations Educational, Scientific
and Cultural Organization) – the
Presidente Tancredo Neves Family
House (CFR-PTN) obtained funding of
about BRL 160,000.
Awards and Recognition
»»Awarded the National and Latin
American Prize for Excellence in
Education in recognition of the
educational programs backed
by the Odebrecht Foundation
in the Mosaic of Environmental
Protection Areas in the Southern
Bahia Lowlands.
»»Grown by members of the Heartsof-Palm Producers’ Association
of the Southern Bahia Lowlands
(Coopalm), backed by the
Odebrecht Foundation, Cultiverde
hearts-of-palm was awarded the
Superior Taste Awards seal by the
International Taste and Quality
Institute (iTQi), a global benchmark
in the evaluation and promotion of
food and beverages, with judges
from 15 countries.
O d e b r e c h t
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Executives of the Odebrecht Group
(July 2015)
Odebrecht S.A.
Odebrecht Engenharia & Construção S.A.
Origins and Roots of the Odebrecht Group
BOARD OF DIRECTORS
Emílio Odebrecht
Newton de Souza, Chairman
Claudio Melo Filho
Daniel Villar
Marcela Drehmer
Maurício Ferro
Mônica Odebrecht
Paulo Lacerda
Founder of the Odebrecht Group (1st generation)
Norberto Odebrecht
Board of Directors of Odebrecht S.A. (2nd generation)
Emílio A. Odebrecht, Chairman
Gilberto Sá
Luiz Almeida
Luiz Villar
Newton de Souza
Pedro Mariani
Pedro Novis
Renato Baiardi
Rubens Ricupero
Sergio Foguel
Executive Directors of Odebrecht S.A. (3rd generation)
Marcelo Bahia Odebrecht, President and CEO
Newton de Souza, Vice President (acting President and CEO)
Cláudio Melo Filho
Daniel Villar
José de Freitas Mascarenhas
Marcela Drehmer
Paulo Lacerda
Bruno Lima and Davlin Santos, Brazilian Members of Odebrecht Transport
SENIOR OFFICERS
Adriano Chaves Jucá Rolim
Antonio Marco Campos Rabello
Benedicto Barbosa da Silva Júnior
Carlos Hermanny Filho
Eduardo Gedeon Oliveira
Jayme Gomes da Fonseca Junior
Luiz Antonio Mameri
O d e b r e c h t
ODEBRECHT
REALIZAÇÕES IMOBILIÁRIAS
E PARTICIPAÇÕES S.A.
ODEBRECHT AMBIENTAL
PARTICIPAÇÕES S.A.
2 0 1 5
ODEBRECHT LATINVEST S.A.
ODEBRECHT ÓLEO E GÁS S.A.
ODEBRECHT TRANSPORT S.A.
BRASKEM S.A.
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Odebrecht Representatives
Luiz Mameri, Chairman
Carlos Alexandre Almeida (alternate)
Roberto Ramos, Vice Chairman
Paulo Lacerda de Melo (alternate)
Daniel Villar
Sérgio Leão (alternate)
Eduardo Oliveira Gedeon
Lilian Porto Bruno (alternate)
Jayme Fonseca
Rodrigo Nazareth Menck (alternate)
Marcela Drehmer
Mauro Motta Figueira (alternate)
Maurício Ferro
Mônica Odebrecht (alternate)
Paulo Cesena
Adriano Maia (alternate)
Marcelo Bahia Odebrecht, Chairman
Cláudio Melo Filho (alternate)
Newton de Souza, Vice Chairman
Marta Pacheco (alternate)
Maurício Ferro
Fernando Luiz Ayres da Cunha Santos Reis
Benedicto Junior, Chairman
Carlos Hermanny Filho (alternate)
Maurício Ferro, Vice Chairman
Adriano Jucá
Luciano Cruz (alternate)
Daniel Villar
Roberto Ramos (alternate)
Marcela Drehmer
Jorge Barata
Paulo Lacerda (alternate)
Minority Shareholders’ Representatives
Newton de Souza, Chairman
Roberto Ramos (alternate)
Alfredo Tellechea
Luiz de Mendonça (alternate)
Álvaro Cunha
Marcelo Bahia Odebrecht
Daniel Villar (alternate)
Marcela Drehmer
Maurício Ferro
Luciano Dequech (alternate)
Roberto Zurli Machado, representing ODB/BNDES
José de Freitas Mascarenhas (alternate)
FI - FGTS: 03 members
BNDESPAR: 01 members
Temasek: 02 members
GIF – Gávea: 01 member
Executive Director
Petrobras (*): 04 members
Paulo Cesena
(*) Post of Vice Chairman appointed by Petrobras
Senior Officers
Roberto Lopes Pontes Simões
Guilherme Pacheco de Brito
Heitor Luiz Gioppo
Herculano de Almeida Horta Barbosa
Jorge Luiz Uchoa Mitidieri
José Claudio Breviglieri Grossi
Rogério Luis Murat Ibrahim
Roberto Prisco Paraíso Ramos
Senior Officers
Paulo Henyan Yue Cesena – President and CEO
Adriano Sá de Seixas Maia
Marcelo Felberg
Juliana Sá Vieira Baiardi Sinay Neves
Michael Machado
Senior Officers
Carlos José Fadigas de Souza Filho – President
Board of Directors
Board of Directors
Newton de Souza (alternate)
Maurício Ferro, Vice Chairman
Daniel Villar
Carla Barretto (alternate)
Marcela Drehmer
Paulo Lacerda de Melo
Maurício Ferro
Daniel Villar
Sergio Leão (alternate)
Marcela Drehmer
FI - FGTS: 02 members
GIF – Gavea: 02 members
Senior Officers
Paul Elie Altit
Ciro Barbosa de Pereira Cardoso
Marcelo Britto Sinay Neves
Rodrigo José de Pontes Seabra Monteiro Salles
Sergio Kertesz
Senior Officers
Fernando Luiz Ayres da Cunha Santos Reis –
(alternate)
Daniel Villar
Marcela Drehmer
Roberto Ramos
Ernesto Baiardi (alternate)
President and CEO
Executive Director
Maurício Dantas Bezerra
Ticiana Vaz Sampaio Marianetti
Emyr Diniz Costa Junior
Enio Augusto Pereira e Silva
Jorge Barata
Senior Officers
Jorge Barata
Nelson Bulhões
Diana Ortiz
Javier de Souza
Mario Costa
Luis Arditi
Fernando Ocampo
and CEO
Mario Augusto da Silva – Investor Relations Director
Marcelo Arantes de Carvalho
Gustavo Sampaio Valverde
Luciano Nitrini Guidolin
Marcelo de Oliveira Cerqueira
O d e b r e c h t
ODEBRECHT AGROINDUSTRIAL S.A.
ENSEADA INDÚSTRIA NAVAL S.A.
Board of Directors
Board of Directors
Otávio Franca (alternate)
Carlos Fadigas
Luciano Guidolin (alternate)
Daniel Villar
Marcela Drehmer
Maurício Ferro
Gustavo Valverde (alternate)
Ricardo Simões (alternate)
Roberto Ramos
Felipe Jens (alternate)
Roberto Ramos, Chairman
Cláudio Melo Filho
Roberto Simões (alternate)
Daniel Villar
Marcela Drehmer
Maurício Ferro
ODEBRECHT DEFESA
E TECNOLOGIA S.A.
SUPPORT COMPANIES
AND ENTITIES
ODEBRECHT CORRETORA DE
SEGUROS LTDA.
Board of Directors
ODEBRECHT COMERCIALIZADORA
DE ENERGIA S.A.
General Director
Board of Directors
Officers Responsible for Risk
Enseada Indústria Naval is a subsidiary
of the Enseada Participações S.A.
Senior Officers
Luiz de Mendonça – President and CEO
Alexandre Perazzo de Almeida
Luciano Dequech
Celso Luiz Tavares Ferreira
2 0 1 5
holding company
Board of Directors
Claudio Melo Filho (alternate)
Marcela Drehmer
Daniel Villar (alternate)
Maurício Ferro
Claudio Mello Filho (alternate)
Daniel Villar
Marcela Drehmer
Mônica Odebrecht
Diretor Executivo
Kawasaki: 03 members
OAS: 01 member
UTC: 01 member
OAS: 01 member
UTC: 01 member
Executive Director
Senior Officers
Fernando Sampaio Barbosa – President and CEO
Guilherme Guaragna – Operations Director
Hitoshi Kudo – Technology Director
Ricardo Ricardi – Financial Director
Marcela Drehmer
Fernando Barbosa
Senior Officers
Fausto Antônio de Aquino
Pedro Ribeiro de Abreu
André Amaro da Silveira
Senior Officers
André Amaro da Silveira – Diretor-Presidente
André Luiz Paraná Ferreira
Diego Luís Pugliesso
Assessment and Insurance Coverage
Kátia Luz – Responsible for Risk Assessment and
Paulo Lacerda de Melo, Chairman
Marcela Drehmer (alternate)
Ailton Reis
Adriano Jucá (alternate)
Emyr Costa
Maurício Bezerra (alternate)
Gustavo Dantas Guerra
João Gouveia Ferrão Neto (alternate)
Jayme Fonseca
Eduardo Gedeon (alternate)
Marcelo Mancini
Luciano Dequech (alternate)
Marcelo Cerqueira
Gustavo Checcucci (alternate)
Rogério Bautista
Felipe Jens (alternate)
Insurance Coverage for Shipbuilding and Offshore, Defense
Senior Officers
Ricardo de Maya Gomes Simões
Ana Carla Gomes Petti Queiroga
Antonio Marco Campos Rabello
and Technology, Environmental Engineering, Engineering &
Construction, Investments Latin America, Properties, Real
Estate Developments, Transport and Logistics.
Luis Barretto – Responsible for Risk Assessment and
Insurance Coverage for Ethanol & Sugar, Oil & Gas, Chemicals
& Petrochemicals, as well as the Surety Bond program.
O d e b r e c h t
ODEBRECHT PREVIDÊNCIA
ODEBRECHT ENGENHARIA
DE PROJETOS LTDA.
Governing Board
Senior Officer
Representatives Appointed
Flávio Faria
by Sponsor Companies
Daniel Villar, Chairman
Edson Lemos, Representing E&C
Mario Augusto da Silva, Representing Braskem
ODEBRECHT SERVIÇOS
DE EXPORTAÇÃO S.A.
Senior Officer
Senior Officer
Sergio Brinckmann
Luiz Mameri
The Senior Officer Responsible for the
Odebrecht Previdência reports directly to the
Senior Officer Responsible for Support for
Entrepreneurship of People, Organization and
Communication, Daniel Vilar
ODEBRECHT FOUNDATION
Board of Trustees of the
Odebrecht Foundation
Emílio A. Odebrecht, Chairman
Eduardo Queiroz, Vice Chairman
Geraldo Dannemann
Gilberto Sá
Luiz Almeida
Luiz Villar
Newton de Souza
Pedro Novis
Pedro Mariani
Renato Baiardi
Rubens Ricupero
Sergio Foguel
2 0 1 5

14.24 MB - Odebrecht

Transcription

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