Browsing: Economy

Saudi Arabia, Algeria, the United Arab Emirates, Lebanon, Kuwait, Sudan and Syria are among the 60 countries that import Vipal products, for the retreading and repair of tyres and inner tubes. This year the company is going to inaugurate a new factory, in the state of Bahia, northeastern Brazil, and has announced the construction of the first production unit abroad.

Agência Brasil* Rio de Janeiro – A press statement disclosed by Brazilian oil company Petrobras shows that oil production in the country grew 2.3% in January, in comparison with the same month in 2007, but dropped 1.5% over December last year, with a daily average of 1,826,122 barrels. A stop for maintenance in the oil

Six companies that produce marble and granite in Egypt are participating, starting today, in Vitória Stone Fair, a sector fair that takes place in the state of Espírito Santo. The state is the main Brazilian producer and importer of ornamental stones. The show should include 400 exhibitors.

Agência Sebrae* Brasília – The Brazilian exports of flowers and ornamental plants reached a new record in 2007. Sector sales reached US$ 35.28 million, 9.18% more than in 2006. This result is due to the simultaneous occurrence of factors like the persistent appreciation of the Brazilian real against the dollar and to the recent recovery

Agência Brasil* Brasília – The Brazilian trade balance surplus (exports minus imports) has reached US$ 2.001 billion, with exports of US$ 19.430 billion and imports of US$ 17.429 billion this year, in 31 working days. The trade balance surplus accumulated in the period is 53.1% smaller than that registered up to the third week of

Bia Brazil Fitness, a sports clothes producer from the southern Brazilian state of Rio Grande do Sul, already exports to 43 countries, including Lebanon and the United Arab Emirates. Business with the Arab countries began last year. Since September, the brand has had a distributor in Lebanon and is now negotiating with one more, in Dubai.

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