Novonor SA - Company Profile
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Novonor SA (Novonor) is a diversified company. It carries out the engineering and infrastructure construction services, development and operation of energy, shipbuilding, insurance consulting services, infrastructure projects and real estate development services. The company executed various engineering and construction projects such as ports, urban transport, energy, irrigation, power plants, sports arenas, sanitation and urban renewal. The company also develops and operates concessions of highways, urban mobility, port terminals, and other infrastructure concessions such as irrigation, energy and transport assets. It also offers solutions for the oil and gas industry, petrochemical, sugar and energy, real estate and mobility. Novonor is headquartered in Salvador, Bahia, Brazil.
Headquarters
Brazil
Address
Pararela Avenue, 2841, Salvador, Bahia, 41730-900
Website
www.novonor.com
Telephone
55 11 30968000
No of Employees
23,000
Industry
Construction
Revenue (2024)
$15.7B
Novonor SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Chemical | Engineering and Construction |
| Petrochemical | Infrastructure and Mobility |
| Ship Building | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company and the Brazilian Development Bank signed an agreement to sell Ocyan Participacoes S.A. to EIG. |
| 2023 | Contracts/Agreements | In November, the company’s subsidiary, Braskem entered into an agreement with Veolia in Alagoas. |
| 2020 | Corporate Changes/Expansions | In December, the company changed its name from Odebrecht to Novonor, as part of its rebranding strategy after Operation Car Wash corruption scandal. |
Competitor Comparison
| Key Parameters | Novonor SA | The Techint Group | Bechtel Corp | Fluor Corp | Teixeira Duarte SA |
|---|---|---|---|---|---|
| Headquarters | Brazil | Argentina | United States of America | United States of America | Portugal |
| City | Salvador | Buenos Aires | Reston | Irving | Porto Salvo |
| State/Province | Bahia | Provincia de Buenos Aires | Virginia | Texas | - |
| No. of Employees | 23,000 | 73,452 | 43,000 | 22,995 | 10,530 |
| Entity Type | Private | Private | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hector Nunez | Director; Chief Executive Officer | Executive Board | - | - |
| Mauricio Odebrecht | Chairman | Executive Board | - | - |
| Mauricio Bezerra | Director - Legal | Senior Management | - | - |
| Lucas Cive | Director - Finance and Investment | Senior Management | - | - |
| Monica Odebrecht | Director - Governance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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