Ruy Sampaio
Chairman of the Board of
Odebrecht S.A.

Roberto Faldini
Independent Director of
Odebrecht S.A.

João Nogueira
Independent Director of
Odebrecht S.A.

Our team members overcame huge challenges in a commendable effort

Message from the
CEO of Odebrecht S.A.




The Odebrecht Group, which was founded in Brazil, has operations and representative offices in 27 countries and a diversified portfolio of Businesses and Investments in engineering and construction, petrochemicals, agroindustry, oil and gas, real estate development and infrastructure and energy investments. Odebrecht S.A. is the holding company that manages this portfolio
We are more than 47,000 team members united under a single culture and recognized for their technical, planning and execution capacity. Our commitment to transparency and internal transformation is constantly evolving with the adoption of effective actions to ensure the compliance of all processes, the restructuring of organizations and the adoption of best practices in corporate governance.

Our Businesses

in numbers

40.2 million in private social investment
86 billion in gross revenue
14 billion in EBITDA
47.8mil team members
14 countries with Odebrecht Group operations
13 countries with representative offices of the Businesses


Gross Revenue

(R$ billions)


(R$ billions)

Net debt

(R$ billions)

Evolution of portfolio
and divestments

Structured in 2016, our asset divestment plan has the goal of raising R$ 12 billion in proceeds, of which R$ 7.4 billion already has been generated and R$ 5 billion is pending. In October 2018, we completed the sale of Inova BH (see photo), which is the Brazil’s first Public-Private Partnership (PPP) in the area of education. The initiative’s results show how innovative PPP models can improve the quality of public services for society.


Our corporate governance encompasses the management, communication and process system used to run and monitor the holding company. The board of directors is responsible for approving the strategic guidelines and supervising the management of Odebrecht S.A. In 2018, the composition of the board of directors was renewed, with the main change the increase in the number of independent directors to represent the majority of members. The board of directors is supported by three advisory committees (Compliance; Culture, People & Sustainability; and Financial & Investments), which analyze, without decision-making powers, the matters under their purview to support decisions.

Global Advisory Council

The board of girectors also draws on the support of the global advisory council, an advisory body without decision-making powers. Formed by members of recognized knowledge and extensive experience, it contributes to the Group’s development of a broad and diversified geopolitical perspective to strengthen its management in areas such as governance, sustainability and strategic direction.


How do we drive the creation of
value in our Businesses and Investments?

We create value in our Businesses and Investments by strengthening
our commitments to sustainable development and to acting ethically, with integrity and transparency.

integrity and

The Odebrecht Group’s transformation over the past three years was extensive, profound and real. The commitment we undertook, in 2016, to acting ethically, with integrity and transparency, remains unshakable and has led to a series of measures implemented for adopting best practices internally and for transforming the business environment in which we operate.

The practice of the Compliance Policy for Acting with Ethics, Integrity and Transparency and the continuous enhancements to the compliance system, which encompass a series of measures to prevent, detect and remedy risks, attest to the effectiveness of our strategy and the maturation of our management.

Main advances
in the year


Our commitments go beyond internal transformations to include initiatives for improving the business environment and public-private relationships. To support these efforts, we participate in public debates and business commitments to strengthen the culture of integrity, serving as an example of transformation and of support for new external initiatives in the field of ethics and transparency.
In 2018, through OEC, we supported the creation of the Observ Insitute, an online platform accessible by the public for promoting transparency and monitoring public bid processes. We also participated, as a member company of the Ethos Institute, in the working group on Integrity and signed, in July 2018, the Letter of Commitment to the Business Movement for Integrity and Transparency.


Our Sustainability Policy expresses six commitments to a vision of the paths to sustainable development and how we should operate. We work to encourage people to act as agents of change both inside and outside of the Odebrecht Group and to emphasize the importance of balance among generating economic, social and environmental value, promoting culture and acting ethically, with integrity and transparency.


The Odebrecht Foundation, one of Brazil’s longest-serving business foundations, works in coordination with civil society organization, government agencies, partners and social investors to promote sustainable rural development in the Lowlands of Southern Bahia. Since 2003, its efforts have focused on the Program for Development and Growth Integrated with Sustainability (PDCIS), an initiative that contributes to social, economic and environmental transformation in the Lowlands of Southern Bahia, which is home to nearly 285,000 people. In 2018, the PDCIS underwent an Impact Assessment that attested to its positive transformations. See the main results.

For every R$1.00 invested
in the PDCIS, R$2.13
returned in social, environmental
and economic benefits
to the
families supported

reduced their dependence
on the federal welfare
program Bolsa Familia by 65%

Average annual income from
agriculture was nearly R$25,000
higher than that of

The unemployment rate among
the youth who graduated
the Family Homes was 9.7%,
compared to 46.8% for
the control group

260 communities benefited
in 19 cities
1.192 actions to
multiply knowledge
5.687 tons of food produced
by PDCIS beneficiaries


The Businesses and Investments of the Odebrecht Group carry out socioenvironmental initiatives in their respective regions using own and incentivized funds. These funds amounted to R$ 27.8 million in 2018. Considering the foundation’s investment, last year we voluntarily invested R$ 40.2 million in socioenvironmental initiatives, which is in line with the R$ 39.3 million invested in 2017. The programs that received the largest investments in 2018 were in the fields of job and income creation, basic education, environmental education and vocational training.


How do our team members
make a difference every day?

Our team members are united under a single culture and recognized
for their capacity to execute and deliver high-quality products and services.

Leadership and engagement

The knowledge, experience and execution capacity of our team members is the hallmark by which the Odebrecht Group is recognized. This recognition is based on the innovations and quality products and services delivered to clients and society, which create value and foster development in each region where we operate.
All this potential and engagement by our professionals is driven by the force of the corporate culture practiced throughout the Odebrecht Group, which is guided by the Odebrecht Entrepreneurial Technology (TEO) and subsequently our policies and directives. The role of Odebrecht S.A. is to act as the guardian of these principles and concepts of the organizational culture to ensure that they are practiced in daily routines and updated for the successive generations of team members and the dynamics of the challenges faced in order to better serve society.

Training and

The pillars of our culture include trusting in people and in their capacity and desire to evolve, self-development via education through work and a focus on the individual as the measure of all values. Supported by this foundation, leaders play the role of educators by creating the conditions and environment for integrating and developing each of their team members. In 2018, more than 934,000 hours were dedicated to training, representing an average of 20 hours per team member.

17 are women
83 are men
Over 15 different
65.9 work in
34.1 work in
other countries
Over 60 of team members have
worked at the company for 5 years