Odebrecht May Return This Year to Participate in Petrobras Bids

Written by Renato Oliveira

Published on 14/06/2019 at 09:06

Odebrecht e Petrobras juntas novamente

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New Compliance And Governance Measures From Odebrecht Will Be Presented To Petrobras And What Is Expected Is The Return Of The Company To Bidding Still This Year

Odebrecht Changed Its Brand, Now Called Odebrecht Engineering & Construction (OEC) And May Be Starting To Turn The Tide For The Odebrecht Group. After So Many Bad News, It Seems That The Storm Affecting The Group Is Beginning To Cease.
The Company Plans To Present To A Group From Petrobras The New Compliance And Governance Measures That Are Being Adopted In The Conglomerate’s Companies.

Things Started To Get Complicated For Odebrecht When Investigations From The Lava Jato Operation Pointed To Corruptions In The Company’s Contracts, Involving Even International Contracts In Mexico And Peru.

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What To Do To Convince Petrobras

However, The OEC Does Not Have Much Time To Try To Convince Petrobras That The Changes It Has Adopted Have Already Had Effects.

Petrobras’ Bids Are Already Underway And The Target For Odebrecht Will Be The Ones Happening Now In The Second Half Of This Year, But It Is With The Acquisition Of These Contracts That The OEC Now Hopes To Get Out Of The Difficult Situation Affecting The Entire Group.

The Revitalization Of OEC, However, Does Not Exclude The Possibility Of The Odebrecht Holding Entering Judicial Recovery.
Bradesco, Along With Other Creditor Banks, Is Trying To Reach An Extrajudicial Agreement That Could Satisfy Everyone, Stipulating Differentiated Terms And Payment Conditions.

Odebrecht May Return This Year to Participate in Petrobras Bids

New Compliance And Governance Measures From Odebrecht Will Be Presented To Petrobras And What Is Expected Is The Return Of The Company To Bidding Still This Year

What To Do To Convince Petrobras

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Odebrecht May Return This Year to Participate in Petrobras Bids

New Compliance And Governance Measures From Odebrecht Will Be Presented To Petrobras And What Is Expected Is The Return Of The Company To Bidding Still This Year

What To Do To Convince Petrobras

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Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

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