Participants of the version of the World Economic Forum in Rio said the region needs to find its own solutions. Lula said that Brazil should be one of the first countries to leave the crisis.
Author: From the Newsroom
In terms of value, sector exports and imports returned to growth in March. Foreign sales rose 25.6% over February. Imports, in turn, grew 18.1% compared with the previous month.
São Paulo – The Brazilian state-owned aircraft manufacturer Embraer announced today (14) that it delivered 40 aircraft in the first quarter of this year, being 32 business jets and eight executive aircraft. According to the company, as of March 31st, its firm order backlog totalled US$ 19.7 billion. Among the highlights of the first three
Foreign sales of Brazilian agricultural and livestock products advanced 0.3% in March when compared to the same month in 2008. Soy shipments boomed.
São Paulo – The Iraqi minister of Planning, Ali Baban, said yesterday (8th) that he has invited Petrobras, the Brazilian state-owned oil company, to build a refinery in his country. He made the statement while participating in a seminar at the National Organization of the Petroleum Industry (Onip), in the city of Rio de Janeiro.
Tortuga, that also operates in animal health, has opened its fifth animal feed unit, in Ceará. With the new unit, the company increases its capacity by 60%.
The Brazilian factory had revenues of US$ 112 million, 22% more than in 2007. For 2009, the company president, Jean-Nöel Hardy, says that the growth targets are ‘daring’.
The state of Minas Gerais had revenues of US$ 1.56 billion with exports in March. The value is 17% greater than in February and 9.2% greater than in the same period in 2008.
Mergers and acquisitions in the industry went from US$ 3.6 billion in 2007 to US$ 17.7 billion last year. Worldwide, they decreased by 61% in late 2008.
The funds will be turned to expansion of the Sada group in the state of Minas Gerais. The company is going to expand its operations into production of alcohol and energy from sugarcane bagasse.
Motivated by the growing construction industry, the Arab country wants to go from its current 6 million tonnes a year to 15 million. Foreign companies are investing in the sector.
The increase took place in the first two months of 2009. The growth in online trade also stimulates new businessmen to bet on the Internet as an efficient sales channel.
São Paulo – Brazilian airline TAM posted an operating profit of 725.2 million reals (US$ 311.2 million) last year. The figure represents growth of 67.3% over the 433.5 million reals (US$ 186 million) recorded in 2007, according to information disclosed by the company today (31st). Gross operating revenues went from 8.5 billion reals (US$ 3.6
Minerva intensified its operations in the two regions during the crisis. The African share in exports by the company went from 3.5% in late 2007 to 17.5% in the last quarter of 2008.
