From the Newsroom* São Paulo – Brazilian furniture exports totalled 14.13 billion Brazilian reais (US$ 6.74 billion at current exchange rates) last year, representing an increase of 17.2% when compared to 2005, according to the Brazilian Furniture Industry Association (Abimóvel). The state of Minas Gerais (SE Brazil) presented the greatest growth in sector foreign sales,
Browsing: Economy
The multinational corporation is going to invest 40 million Brazilian reais (US$ 19 million) to implement, in the southeastern Brazilian state of Minas Gerais, a unit that will develop environmental projects for mining and steel companies. The investment should be made over the course of three years, and the unit will design projects for air and water treatment, among others.
The multinational corporation is going to invest 40 million Brazilian reais (US$ 19 million) to implement, in the southeastern Brazilian state of Minas Gerais, a unit that will develop environmental projects for mining and steel companies. The investment should be made over the course of three years, and the unit will design projects for air and water treatment, among others.
From the Newsroom* São Paulo – Brazilian companies participating in the March edition of GDS/GLS – the International Event for Shoes, Leather Goods and More, in Germany, closed US$ 5 million in deals during the fair. Deals of around US$ 13.9 million were also confirmed for the next 12 months. The study was made by
Agência Brasil* Brasília – Foreign sales of Brazilian products yielded US$ 2.871 billion in the second week of March (from the 5th to the 9th), whereas imports amounted to US$ 2.101 billion, resulting in a surplus of US$ 770 million, at a daily average of US$ 154 million. The data were disclosed today (12) by
Agência Brasil* Rio de Janeiro – Brazil may double or triple alcohol production over the next 15 years. However, this expansion is not infinite and needs to be executed in a planned and careful manner, in the evaluation of professor José Goldemberg, of the Electro-technique and Energy Institute at the University of São Paulo (USP)
Road equipment maker Randon, from the southernmost Brazilian state of Rio Grande do Sul, plans to open an assembly line in the region this year or in 2008. The organization is analysing the possibility of setting up the plant in the Emirates, Saudi Arabia or Iran. The company had revenues of US$ 206.9 million with exports in 2006, of which 25% came from Africa, the Middle East and Asia.
According to a report by the National Association of Vehicle Manufacturers (Anfavea) for February, 84% of all vehicles sold in Brazil were flex-fuel. To the president of the association, Rogelio Golfarb, this goes to show that Brazil has both technology and demand for ethanol, which should be one of the main topics in the conversation between presidents George W. Bush of the United States and Luiz Inácio Lula da Silva from Brazil, scheduled for this week.
The increase refers to sales made by Brazil to the Arab countries between January and February this year, when compared to the same period in 2006. Revenues were US$ 910.9 million and the main buyers were, in this order, Egypt, Saudi Arabia and the United Arab Emirates.
Amiantit, a multinational in the pipe sector, has been controlling Amitech, a factory located in the interior of the southeastern Brazilian state of São Paulo, since 2002. In July this year the plant will receive its second production line. The organization is eyeing the warming up of the Brazilian large diameter pipe market, as they forecast new infrastructure works due to the Sanitation Law and to the Brazilian government Growth Acceleration Program (PAC).
The data comes from a survey conducted by the Brazilian Natural Gas Distributors Association (Abegás). According to the survey, natural gas consumption has tripled in Brazil compared with the 1990s, when it used to account for 3.1% of the market.
The data comes from a survey conducted by the Brazilian Natural Gas Distributors Association (Abegás). According to the survey, natural gas consumption has tripled in Brazil compared with the 1990s, when it used to account for 3.1% of the market.
From the Newsroom* São Paulo – Brazilian exports yielded US$ 10.104 billion in February, a 15.5% increase compared with the same month last year. Imports amounted to US$ 7.226 billion, a 21.4% increase. The trade balance recorded a US$ 2.878 billion surplus. The data were published today (01) by the Brazilian Ministry of Development, Industry
