Release Reinforces Commitment to Compliance of Engevix Business Group, Which Has Over 50 Years of Experience and Has Previously Partnered with Petrobras on Projects
The Nova Participações group, controller of Nova Engevix Engenharia, received approval from Petrobras to participate in state tenders again. The authorization took almost a year to be finalized, in a process that reinforces the company’s commitment to its compliance program.
Other News About Engevix
- Nova Engevix Starts Work on Road Complex in Vitória, State of ES
- Nova Engevix Anticipates Completion of Works at São Roque Plant in Santa Catarina and Resumption of Business with Petrobras
- Engevix Will Resume Works at Hydroelectric Plant with Job Vacancies Expected in Civil Construction and Other Sectors
In November 2019, the Nova group signed a leniency agreement with the Comptroller General of the Union (CGU) and the Attorney General of the Union (AGU). Additionally, there was a complete reorganization of the company, starting from a strict compliance standard. Meeting all the requirements of the oil company, Engevix will now advance in its requalification with Petrobras to become a fixed supplier for the state-owned company.
“Our integrity program is quite robust, also having an autonomous governance board to monitor the implementation of actions and the effectiveness of risk prevention mechanisms”, highlights Luiz Fernando Pugliesi, director of new business at Nova Participações. In July, the company also joined the Business Pact for Integrity and Against Corruption, promoted by Instituto Ethos.
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Correios prepare a new layoff plan for up to 7,000 employees amid the crisis: the plan is expected to target employees from units that will be closed during the company’s restructuring.
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Retirement no longer covers the bills for millions in Brazil: the number of elderly people working has increased by 53% in ten years, exposing the harsh reality of those who need to remain active after 60.
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Northeast without tolls exposes road crisis: State can no longer afford road infrastructure alone while private concessions invest up to 3.8 times more per km and leave public highways behind.
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Brazil invests R$ 293.8 million to remove 552,000 m³ of submerged rocks from the Tietê River, deepen 16 km of the channel by 3.5 meters, and allow larger convoys on the waterway that connects cargo from the Midwest and Southeast to the Port of Santos.
In Rio Grande do Sul, the company participated in ventures such as the hydroelectric plants of Rio das Antas, Dona Francisca, São João, and Monjolinho. Recently, the company initiated a project for the repair of the Capané Dam in Cachoeira do Sul.

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