Carioca Engenharia settles four probes with Brazil's CADE
( September 22, 2026, 14:43 GMT | Official Statement) -- MLex Summary: Brazilian construction company Carioca Christiani-Nielsen Engenharia has entered into a settlement with the country’s competition authority covering four cartel investigations into public tenders for infrastructure projects related to metro systems, airports operated by Infraero, the São Paulo Metropolitan Trains Company and the National Department of Transport Infrastructure. The company admitted its involvement in the investigated conduct and agreed to pay 6.1 million reais ($1.19 million) in fines. The decision still needs final ruling from CADE's Tribunal, which will assess the company’s compliance with the agreement.Statement follows below in Portuguese:...
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