Fidens
Fidens is a Brazilian heavy construction and mining services contractor serving major industrial clients, with operations spanning the full mine cycle, infrastructure construction, equipment rental, and proprietary telematics technology.
- Company typePrivate
- Founded1968
- HeadquartersNova Lima, Brazil
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Fidens does
Fidens is a Brazilian heavy construction and mining services contractor headquartered in Nova Lima, Minas Gerais. The company traces its operational lineage to 1968 (originally as TERCAM, with roots going back to 1950 via Mineração Rio do Peixe) and adopted the FIDENS brand in 2003. Its service portfolio spans the full mining cycle — drilling, blasting, excavation, loading, transport, and ore processing — alongside heavy construction capabilities covering dams, earthworks, airports, railways, roads, and industrial plants. The company serves major industrial and mining clients including Vale, Alcoa, Arcelor Mittal, Votorantim Metais Zinco, Votorantim Cimentos, CBA, Ferrous, MMX, Gerdau Açominas, Gasmig, and operates internationally in Angola through work with Sociedade Mineira de Catoca. Fidens has 1,001-5,000 employees and has cumulatively moved 150M+ m³ of earth and logged 20M+ equipment hours over its operating history.
The company operates a fleet of more than 300 owned equipment units available for rental and deployment, and has built a layer of proprietary technology products including Accugrade, an anti-fatigue AI system, fuel control, fleet management, telemetry, anti-collision systems, and Power BI-based operational dashboards. It also holds a 371 km infrastructure concession (Intervias) in São Paulo, indicating vertical integration into asset ownership beyond pure contracting. The business model is B2B project-based contracting with long-term enterprise relationships, supplemented by equipment rental and technology product sales. In 2024, Fidens launched Brazil's first 8x4 teleoperated (unmanned) truck in partnership with SCANIA and HEXAGON, deployed in dam decommissioning operations. The company holds ISO 9001, 14001, 45001, 37001, and 37301 certifications, and issued debentures in 2025 indicating access to Brazilian debt capital markets.
Fidens firmographics
Firmographics- Name
- Fidens
- Legal name
- FIDENS Construções S.A.
- Website
- https://fidens.com.br
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Fidens is a Brazilian heavy construction and mining services contractor serving major industrial clients, with operations spanning the full mine cycle, infrastructure construction, equipment rental, and proprietary telematics technology.
- Ownership category
- akta.pro rank
Fidens industry classification
Industry- Product category
- Mining and Heavy Construction Services
- NAICS
- Support Activities for Metal Mining (213114), Support Activities for Mining (213), Support Activities for Mining (2131), Support Activities for Mining (21311)
- SIC
- Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531), Services-Equipment Rental & Leasing, Nec (7359), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)
- akta.pro secondary industry
- Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA)
Keywords
Where Fidens is headquartered
LocationHeadquarters
- HQ city
- Nova Lima
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Fidens business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Mining Operations Services: Full mine operation services including drilling, blasting, excavation, loading, transport, and ore processing. FIDENS operates client mines providing complete mining cycle management with their own equipment and personnel.
- Heavy Construction Services: Construction of dams, earthworks, infrastructure, airports, railways, roads, industrial plants. Project-based B2B contracts with private sector clients.
- Equipment Rental: Rental of heavy equipment fleet (300+ owned units) including trucks, excavators, bulldozers for construction and mining operations.
- Infrastructure Concessions: Participation in road and infrastructure concessions, having operated Intervias concession (371 km in São Paulo state).
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Fidens product offering
Product offeringCore offering
FIDENS provides end-to-end mining operations services (drilling, blasting, excavation, loading, transport, and ore processing) and heavy construction services (dams, industrial works, airports, roads, railways, and road concessions) for large enterprise clients. The company executes projects directly using its own fleet of 300+ heavy equipment units and proprietary technology systems for fleet management, safety, automation, and reporting, including the first teleoperated 8x4 truck in Brazil.
Product overview
FIDENS is a construction and mining company offering integrated services through a multi-product portfolio. Core services include mining operations, heavy construction (dams, industrial works, airports, roads, railways), and road concessions. Technology products include the Accugrade automatic leveling system, AI-powered anti-fatigue monitoring, fuel management (SGCNET), fleet traffic management, telemetry, anti-collision systems, and Power BI dashboards. The company recently launched the first teleoperated 8x4 truck in Brazil for dam decommissioning, developed with SCANIA and HEXAGON. Additional operational support includes on-site concrete plants and mechanical workshops. The company utilizes Microsoft Power BI for integrated analytics across all technology products.
Differentiator
Problem solved
Functional benefit
Products and services
- Mining Operations Services Comprehensive mining services including mine planning, excavation, drilling, blasting, loading, transport, and ore processing for metallic and non-metallic minerals, executed with proprietary heavy equipment for enterprise mining clients.
- Dam Construction and Decommissioning Earthwork construction, dam implementation, raising, and decommissioning services for mining and water infrastructure clients, including the use of teleoperated equipment for dam decommissioning operations.
- Industrial Works Industrial construction including civil works, mechanical and electromechanical assembly, cement plants, and factory installations for industrial clients.
- Airport Infrastructure
Quantifiable outcome
- 40% increase in finishing work productivity with Accugrade system
- +7 more outcomes
Companies that use Fidens
Customer profileNamed customers16 records
Segments3 records
Ideal customer profiles2 records
Fidens technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability7 records
Feature10 records
Fidens partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- SCANIAcoreLong-standing partnership with SCANIA began in 1997 when FIDENS developed the first 8x4 truck for Brazilian mining. In 2022, partnership expanded to include HEXAGON for developing the first 8x4 unmanned truck in Brazil for dam decommissioning operations. SCANIA provides truck chassis and mechanical expertise.
- HEXAGONcoreGlobal specialist in digital reality for mining, HEXAGON partnered with FIDENS and SCANIA in August 2022 to develop unmanned truck technology. Provides sensors, software, and autonomous technologies for the first 8x4 teleoperated truck in Brazil, addressing dam decommissioning market needs.
- MISEC - Movimento pela Integridade do Setor de Engenharia e ConstruçãominorFIDENS joined MISEC, a movement promoted by UN Global Compact Brazil Network and Instituto Ethos together with engineering and construction companies to promote integrity, transparency, accountability, and corporate responsibility in the sector.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
Fidens competitors and assessment
Company assessmentRegional players
- Macmahon Holdings: Macmahon is an Australian mining services contractor providing open-pit mining operations, equipment hire, and underground services. It is comparable in business model and service mix to FIDENS' mining contracting arm, but operates primarily in Australia rather than Brazil.
Broad incumbents
- Queiroz Galvão Construções: Queiroz Galvão is a large Brazilian infrastructure and mining services contractor with comparable heavy-construction, earthwork, and dam capabilities. It competes with FIDENS for mining-operator and infrastructure concession contracts, though with a broader geographic and segment footprint.
- Novonor (formerly Odebrecht Engenharia): Novonor/Odebrecht is one of Brazil's largest engineering and construction groups, competing across heavy infrastructure, mining services, dams, airports, and railways. Although broader in scope than FIDENS, it competes for the same large enterprise mining and infrastructure tenders.
- Galvão Engenharia: Galvão Engenharia is a Brazilian infrastructure construction firm operating in highways, railways, airports, and earthmoving projects. It overlaps with FIDENS in heavy construction and concessions, while being broader in geographic and segment reach.
- Andrade Gutierrez: Andrade Gutierrez is a major Brazilian engineering and construction company with mining services, dams, and infrastructure divisions. It overlaps with FIDENS across mining operations, earthworks, and industrial construction, while also serving broader infrastructure segments.
- Camargo Corrêa Infra Construções: Camargo Corrêa is a large Brazilian construction group active in dams, highways, railways, and industrial construction. It is a comparable incumbent bidder for the same enterprise infrastructure contracts FIDENS targets, though with a wider portfolio.
Direct peers
- Construcap Construções e Comércio: Construcap is a Brazilian engineering and construction firm with a long-standing mining services and earthmoving practice. It directly competes with FIDENS for the same open-pit mining, earthwork, and industrial construction contracts with major Brazilian miners.
Emerging players
- Boart Longyear: Boart Longyear is a global drilling and mining services provider with overlapping capabilities in drilling, blasting, and exploration support to miners. It is comparable as a mining services specialist but is not a direct competitor for FIDENS' heavy construction and earthwork work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Fidens social profiles
Digital presenceFidens compliance and trust
Trust signalCompliance6 records
Fidens financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fidens leadership team
Management profileNumber of profiles
Profiles5 records
Fidens funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fidens M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fidens
What does Fidens do?
FIDENS provides end-to-end mining operations services (drilling, blasting, excavation, loading, transport, and ore processing) and heavy construction services (dams, industrial works, airports, roads, railways, and road concessions) for large enterprise clients. The company executes projects directly using its own fleet of 300+ heavy equipment units and proprietary technology systems for fleet management, safety, automation, and reporting, including the first teleoperated 8x4 truck in Brazil.
Is Fidens a public or private company?
Fidens is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Fidens founded?
Fidens was founded in 1968. It employs 1,001 to 5,000 people.
Where is Fidens based?
Fidens is headquartered in Nova Lima, Brazil, in the Latin America region.
How does Fidens make money?
Four revenue lines are on record. Mining Operations Services are the primary driver. The others are heavy Construction Services, equipment Rental and infrastructure Concessions.
Who are Fidens's main competitors?
Macmahon Holdings is listed as a regional player. Broad incumbents are Queiroz Galvão Construções, Novonor (formerly Odebrecht Engenharia), Galvão Engenharia, Andrade Gutierrez and Camargo Corrêa Infra Construções. Construcap Construções e Comércio is listed as a direct peer. Boart Longyear is listed as an emerging player.
Does Fidens have an API?
No public API is recorded for Fidens.
What industry is Fidens in?
Fidens's product category is Mining and Heavy Construction Services. Its primary akta.pro industry code is IMAKAKAD, Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul), with a secondary code of IMAKANAA, Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers). Its NAICS code is 213114 and its SIC code is 3530.