The Reshaping of the Construction Industry: 65% of Brazil's Largest Construction Companies Were Not Among the Sector’s Leaders Two Years Ago

According to a study by Prospect Analytica, civil construction is expected to grow by 4.5% in 2023. The encouraging projection for companies and professionals in a sector that has undergone significant changes in the last decade — including the list of the largest construction companies in Brazil.

The survey, conducted by the magazine O Empreiteiro, indicates that 65% of the twenty leading companies in the sector did not make the list before 2021. Small and medium-sized companies have grown and gained recognition in the market. This is the case of U&M Mining and Construction, with 3,000 employees and the third-highest revenue in the segment: R$ 1.3 billion annually.

Maintaining the lead is OEC, currently with 9,300 employees and revenue of R$ 3 billion. After changing its name in 2019, Odebrecht experienced a 70% drop in revenue — in 2013, the construction company had revenue of R$ 10 billion. It is no surprise that it is central to explaining the sector’s changes over the past decade.

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The Reshaping of the Construction Industry: 65% of Brazil’s Largest Construction Companies Were Not Among the Sector’s Leaders Two Years Ago

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With 11,000 tons and sensors capable of hunting submarines at long distances, the Type 055 has become one of the most feared floating arsenals of the Chinese navy.

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

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