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Germany Teams 2018

Energy and utilities

Braskem

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Germany Teams 2018

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Braskem

Braskem is a petrochemical company with a 2016 revenue figure of R$54bn achieved through its industrial plants spanning Brazil, the United States and Germany. A São Paulo based company, Braskem...

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Brazil-headquartered petrochemical company Braskem has two industrial plants in Germany, which acts as the base of Braskem Europe. Highly respected Brazilian lawyer Cristiane Rego moved from São Paulo to Europe to head the European legal function in late 2017, and provided some detail on the Germany-based team’s most recent successes. Currently in a period of expansion, the legal team in Germany started with Anne Zimmer focused on contracts, labour affairs and data protection, considering her extraordinary knowledge regarding German legislation.

Myrela Reis is also highlighted as a notable lawyer, who took on the challenge of structuring the Frankfurt legal team. Rego lists the major improvements the team has made over the past two years as ‘the creation and putting into place of a governance program, support of the company’s global compliance program and the organisation of contract flows to guarantee the legal department’s involvement’. Alongside this, the team has been successful in the support of a number of the company’s projects, chiefly logistic division with the new operational model to product delivery through European distributors. This required ‘re-negotiating the agreements in order to get higher level of business integration leveraging local synergies’. Rego also mentions that the aforementioned Reis has been at the heart of perhaps the major governance project of recent months: ‘She has developed the most important project relating to governance: Rules of Delegation of Authorities (DoA), applicable for all team members in Europe. This means that she has reviewed each employee profile in order to define new limits and activities’.

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