The company will use the funds for expanding capacity and upgrading its plant in São Bernardo do Campo. The aim is to cater to the strong domestic and foreign demand for buses and lorries.
Author: From the Newsroom
The new reserves are found in Santos Basin, in ultra-deep waters, 230 kilometres away from Rio de Janeiro. The field is at a depth of 5,600 metres.
From January to July, the airport in the capital of Amazonas state had throughput of 89,097 tonnes, against 78,703 tonnes in the same period of 2007. The greatest growth took place in domestic cargo.
A company named Rice is looking at investing up to US$ 1 million in production in the state of Rio Grande do Sul. The aim is to sell in the domestic market and export to the Arab world.
Disbursements by the Brazilian Development Bank totalled US$ 49.9 billion in 12 months, 34% more than in the previous period. Infrastructure and industry spearheaded financing.
The slaughterhouse has grown to the 40th position among the main Brazilian exporters, rising ten positions in the ranking when compared to last year.
The value of company mergers and acquisitions in Brazil in the first seven months grew 84% and came close to the US$ 59 billion recorded in the whole of 2007.
Embrapa has placed Brazil in the global leadership in tropical agriculture, through genetic engineering and variety of grain, which has expanded productivity in the country.
Countries in the region are among the main destinations for some of the products most exported by Brazil in July. This is the case with refined sugar, chicken and sugar in bulk.
There was growth of 44% in the number of deliveries in the second quarter of this year as against the same period in 2007. In the first half, Embraer delivered a record number of aeroplanes.
Combined market value of publicly listed companies ended July at US$ 1.23 trillion, the lowest total since August last year.
Farmers who enrol in sustainable farming programmes of the federal government will receive credit to forge ahead with their projects.
The number of passengers on international flights grew 13% in both regions in June. The main hubs were Egypt, South Africa, Emirates, Bahrain and Lebanon.
According to the report of British organisation Demos, the company is one of those that most invests in research in the world. Petrobras turns between 1% and 2% of profit to the area.
