Net Trading, from São Paulo, specialized in the food business, is going to participate in the Gulfood, a fair to take place in Dubai, this month. Later a company representative should visit six countries in the region after new clients.
Author: Mark Ament
From the Newsroom* São Paulo – Mining company Companhia Vale do Rio Doce announced today (15) that it reached record levels of production in 2007. According to a company press statement, production totalled 296 million tonnes of iron ore, 17.6 million tonnes of iron pellets, 248,000 tonnes of refined nickel, 284,000 tonnes of copper, 9.1
From the Newsroom* São Paulo – The Bank of Brazil (BB) reached, in January, a total of 1 billion Brazilian reals (US$ 572 million) turned to the financing for productive clusters. Approximately 7,000 enterprises were benefited. The money was used for turning capital, investment, foreign trade and agribusiness. For four years the BB has turned
Agência Brasil* Brasília – Company EBCO Systems announced yesterday (14) that they will invest US$ 100 million in Brazil to expand the already existing structure and build another two factories to produce equipment for X rays used in the inspection of cargo containers. The announcement was made at the Ministry of Development, Industry and Foreign
From the Newsroom* São Paulo – Brazilian leather exports grew 4% in January over the same month last year. According to figures supplied by the Ministry of Development, Industry and Foreign Trade, complied by the Association of Tannery Industries of Rio Grande do Sul (AICSul), sector foreign sales totalled US$ 183 million last month. The
The Bank of Brazil office in the United Arab Emirates should be inaugurated in March. The executive responsible for the operations, Renato de Azevedo, is already living in the country. One of his main objectives is attracting Arab investors to do business in Brazil.
Bilateral trade reached US$ 1.4 billion in January, the largest volume since August 2005. Brazilian exports generated US$ 621 million, 23% greater than in the same month in 2007, and imports were US$ 784 million, growth of 80%.
Agência Lusa* Brasília – Portuguese direct investment in Brazil rose 48.9% in 2007 in comparison with the previous year, reaching US$ 519 million, said a Portuguese Central Bank source to Agência Lusa. Portuguese investment represented 1.5% of the total invested by foreigners in Brazil last year (US$ 34.6 billion). Most of the Portuguese investment (US$
From the Newsroom* São Paulo – Coca-Cola Brazil posted sales growth of 16% last year as against the previous year. This information was disclosed by a spokesperson for the company. Sales totalled 8.53 billion litres of non-alcoholic beverages, and revenues exceeded 12 billion Brazilian reals (US$ 6.9 billion). The positive results of recent months are,
A study shows that the residents of São Paulo plan to go shopping more this year. Items like clothes, household appliances, vehicles, real estate and trips have presented significant growth in purchase intention in comparison with last year. Consumers also intend to save more and diversify investments.
Both countries signed a document establishing mechanisms for political consultation. In practice, the governments of Brazil and Palestine should promote periodic meetings to discuss themes of common interest. The agreement was signed yesterday during the visit of the Foreign Minister of Brazil, Celso Amorim, to Ramallah as part of his tour of the Middle East.
Next week, on February 20 and 21, the Foreign Ministers of Arab and South American countries should meet in the Argentine capital. They are going to discuss plans for joint action between both regions, as well as preparing the next summit, to take place in Qatar this year.
