Andrade Gutierrez conquista 20 novas obras e volta a empregar

Andrade Gutierrez Secures 20 New Projects and Rehires Employees

Written by Paulo Nogueira

Published on 20/09/2019 at 13:22

1 person reacted to this.

In The Country, The Company’s Portfolio Is Composed Of Power Transmission Projects, Thermal And Wind Power Plants, In Addition To The Construction Of The New District Of Bento Rodrigues, In MG.

In July Of This Year, Andrade Gutierrez Signed A Milestone Contract For Mining Projects And Works. The Company Has Been Overcoming The Scarcity Of Public Contracts Since The Beginning Of Operation Lava Jato And Has Managed To Secure 20 New Projects In The Last Two Years, Resuming Hiring.

Although Profits Are Far From The R$ 30 Billion Of 2014, When The Construction Company Was Involved In Lava Jato, The Contractor’s Project Portfolio Grew R$ 8.2 Billion By June And Totaled R$ 11.1 Billion.

ARTICLE CONTINUES BELOW

See also

Without Government Investments, The Company Had To Bet On Private Initiative – In The Past, Nearly 70% Of The Project Portfolio Was Composed Of Public Works, Currently 96% Comes From The Private Sector.

In The Country, The Company’s Portfolio Is Composed Of Power Transmission Projects, Thermal And Wind Power Plants, In Addition To The Construction Of The New District Of Bento Rodrigues, In Mariana (MG).

The Company Still Has Another R$ 19 Billion In Works That Could Become Contracts By The End Of The Year.

According To The Rating Agency Fitch Ratings, Andrade Is Performing Better Than Its Competitor Odebrecht, Which Has Not Yet Secured Investments In Relevant Projects And Works.

The Agency, However, Warns That The Path To Recovery For The Company Is Just Beginning. “A Gradual Recovery Also Depends On The Brazilian Macroeconomic Scenario And The Growth Of Infrastructure Investments,” Says Fitch Director Alexandre Garcia.

Another Concerning Factor Is The Company’s Indebtedness, As In November 2020, The R$ 1.8 Billion Debentures Of Andrade Gutierrez Participações (AGPar) Will Begin To Mature, Which Have Shares In The Concessionaire CCR As Collateral. “Based On CCR’s Dividends, It Is Possible To Cover The Interest, But Not Amortize The Maturing Portion,” Garcia Says.

The Company Will Have To Pay Fines Of Up To R$ 190 Million Related To Legal Agreements Resulting From Its Involvement In Operation Lava Jato.

Andrade Has About R$ 1.6 Billion In Debts Resulting From Agreements With The Federal Public Ministry, Administrative Council For Economic Defense (Cade), Attorney General’s Office (AGU), And The Office Of The Comptroller General Of The Union (CGU).

Additionally, In The Coming Years, Another US$ 356 Million From An Issuance Of International Bonds Will Also Mature. “I Don’t Believe The Company Will Be Able To Amortize Everything. There Will Be A Need To Roll Over This Maturity,” Garcia Stated. The Executive Also Highlights That The Advancement Of The Project Portfolio May Assist In Negotiations.

100 Thousand Job Openings For The Construction Of The Salvador – Itaparica Bridge

Andrade Gutierrez Secures 20 New Projects and Rehires Employees

In The Country, The Company’s Portfolio Is Composed Of Power Transmission Projects, Thermal And Wind Power Plants, In Addition To The Construction Of The New District Of Bento Rodrigues, In MG.

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

Dissatisfied with seeing women outside the major breweries, a South African revives ancestral tradition, creates a brand with African ingredients, and trains new female brewmasters.

Why the letter password marked ATMs in Brazil: technology seemed complicated, became an extra layer of security, and is now losing ground to biometrics

Archaeologists find a face carved in stone in Kazakhstan and the discovery raises curious questions about ancient tombs, ancestors, and mysterious rituals of the Bronze Age.

Historic record of Brazil in the World Cup has just been broken and still brings an unwanted memory for Brazilians.

Without stakes, drills, or footings: a 3-story building in Taubaté draws attention for being built with styrofoam forms, a small team, six apartments, and five months of construction without a dumpster for debris.

Andrade Gutierrez Secures 20 New Projects and Rehires Employees

In The Country, The Company’s Portfolio Is Composed Of Power Transmission Projects, Thermal And Wind Power Plants, In Addition To The Construction Of The New District Of Bento Rodrigues, In MG.

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

Government announces R$ 370 million for those who preserve the forest and an unprecedented initiative places traditional Amazonian communities at the center of conserving a vast area.

A family from Martins, in the interior of RN, planted seeds in their backyard that no one remembered where they came from and harvested a green and yellow fruit resembling the Brazilian flag; the nickname “World Cup pumpkin” caught on before they discovered what had actually grown there.

Most people use a tape measure their whole lives without ever understanding why some numbers are painted red; the explanation lies in a 16-inch spacing that is invaluable for those who work with walls and wood.

Without ATMs, with social networks blocked and travel controlled by the government, Eritrea challenges the modern world and reveals why it is called the “North Korea of Africa.”

Single wives in the “Little Italy” of Africa live decades without their husbands and support entire families after frustrated promises of migration to Europe.

Dissatisfied with seeing women outside the major breweries, a South African revives ancestral tradition, creates a brand with African ingredients, and trains new female brewmasters.

Why the letter password marked ATMs in Brazil: technology seemed complicated, became an extra layer of security, and is now losing ground to biometrics

Archaeologists find a face carved in stone in Kazakhstan and the discovery raises curious questions about ancient tombs, ancestors, and mysterious rituals of the Bronze Age.

Historic record of Brazil in the World Cup has just been broken and still brings an unwanted memory for Brazilians.

Without stakes, drills, or footings: a 3-story building in Taubaté draws attention for being built with styrofoam forms, a small team, six apartments, and five months of construction without a dumpster for debris.