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BN Engenharia diversifies businesses, joins heavy construction

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BN Engenharia, Bueno Netto group’s construction company, is getting ready to enter the infrastructure sector. João Antonio Mattei, the company’s managing director, says the company is expected to work mainly in basic sanitation, logistics and energy. The first works are expected to be for the electric sector, the executive said.The company plans to operate in private works and in PPPs (Public Private Partnerships). According to the company, there is no fear that the result of the presidential election will weaken the number of contracts in infrastructure made by the private sector. In 2021, 68.8% of the investments in the area were made by the private sector, according to consulting firm Inter.B.BN is structuring the team to work in infrastructure projects, and has hired the engineer Lucas Guimarães, former Cesbe’s country manager in Peru, to head the new business development sector.Currently, the company works with residential and corporate buildings, as well as hospitals and distribution centers, among other projects. Last year, BN grossed R$630 million, and Mr. Mattei expects revenue to reach R$700 million this year. According to him, the company already has a portfolio of projects to exceed this amount by 2023.About half of the revenue comes from work for Benx, Bueno Netto group’s developer. BN and Benx have operated separately since 2011. Mr. Mattei points out, however, that the construction company does not do all the construction work for the developer...

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