Document library · News report
Galvão Engenharia, envolvida na Lava Jato, pede recuperação judicial
- Issuer
- Tribuna PR
- Date
- March 26, 2015
- Type
- News report
- Access
- full text examined · accessed on Oct. 24, 2026
- Original
- www.tribunapr.com.br/noticias/economia/galvao-engenharia-envolvida-na-lava-jato-
What we extracted from this document (1)
Galvão Engenharia and Galvão Participações filed for judicial reorganization on March 25, 2015, in the Rio de Janeiro courts; the report does not give the total amount of debt; the company cited as causes Petrobras's suspension of payments in 2014, the downgrade of its risk rating and the end of credit after the arrests of construction company executives in November 2014, the lack of a BNDES bridge loan for the BR-153, and reported having closed the industrial engineering division and cut about 9 thousand jobs in 2015.
Source: Galvão Engenharia, envolvida na Lava Jato, pede recuperação judicial — Tribuna PR, Mar. 26, 2015 · News report of March 26, 2015 · open original ↗
News report · full text examined · accessed on Oct. 24, 2026
Limitations: Causes are those alleged by the company (an interested party), which denies participation in a cartel. Declared debt not given; the company said it had about R$900 million to receive from Petrobras.