The company’s Finance and Investor Relations director, Almir Barbassa, said the company needs to collect at least that volume in capital for new investment.
Author: Agência Brasil
The Foreign Trade board has reduced to 2%, up to June next year, the Import Tax levied on 417 products, from capital goods to telecommunication items.
The profit was 11.7 billion last year. The value is 15.3% greater than the US$ 6 billion obtained in 2009 and is the highest in Bank of Brazil history.
Economic activity grew 7.81% in Brazil last year, according to the index disclosed by the Central Bank.
The institution announced it will grant credit to the government of Rio de Janeiro to finance works on agriculture in the mountain region of the state, which was heavily affected by rains in January.
Real estate financing with funds from savings accounts grew 65% last year and reached a record value, according to the sector association.
The organisation, which brings together 22 Arab nations, called an emergency meeting to discuss the crisis that is affecting at least 12 Muslim countries.
The government of Brazil discussed on Monday (14) with representative of the private sector a set of measures to recover exports of manufactured goods.
The country is going to manage the Maritime Task Force in Lebanon, which is living political turmoil. The commander will be the Brazilian counter admiral Luiz Henrique Caroli.
Brazilian exports in the second week of February totalled US$ 4.226 billion and imports, US$ 3.678 billion. In the month, the accumulated balance rose to US$ 980 million.
A press statement published by the Brazilian Foreign Office shows that Brazil hopes for transition in the government of Egypt to take place in a peaceful and calm environment.
After 18 days of civil unrest, Egyptian president Hosni Mubarak resigned on Friday. The Armed Forces are going to take over until elections, in September.
Micro and small companies in São Paulo had growth of 9.6% in revenues in 2010 as against the previous year. Micro and small companies of the state represented one third of those in Brazil.
The Brazilian Agriculture and Livestock Confederation forecasts exports of 2 million tonnes of beef in 2011, growth of 25% over last year.
