From the Newsroom* São Paulo – The Infinity Bio-Energy group will invest 85 million Brazilian reais (US$ 40,6 million) in expansion and modernisation of the premises at its Alcana Alcohol Distillery in the city of Nanuque, in the southeastern Brazilian state of Minas Gerais. The group bought the factory last year and plans on increasing
Browsing: Economy
Agência Brasil* Brasília – The Foreign Ministers of Brazil, Celso Amorim, and Jamaica, Anthony Hilton, will sign today (15) a clause for technical cooperation complementary to the agreement for increasing sugar production and the development of the ethanol industry in Jamaica. The clause will be signed at 2:00 pm at the Itamaraty Palace, head office
Brazilian companies had revenues of US$ 429.7 million with sales of ceramic tiles on the foreign market last year. The volume reached 114.3 million square metres, up 0.48%. A total of 129 countries purchased Brazilian ceramic tiles in 2006.
The target is for 2011. The Brazilian oil company is currently investing US$ 60 million in three of its own projects and is also buying fuel from private companies. The organization is also studying the development of nine other projects that may, in future, elevate production to 1.2 billion litres.
From the Newsroom* São Paulo – Sales of electric and electronic products grew 8.5% in Brazil in 2006, according to figures supplied today (8) by the National Association of Manufacturers of Electronic Products (Eletros). This information was disclosed by a spokesperson for the organization. Sales of white line products rose 13.74%. The products that powered
From the Newsroom* São Paulo – Sales of electric and electronic products grew 8.5% in Brazil in 2006, according to figures supplied today (8) by the National Association of Manufacturers of Electronic Products (Eletros). This information was disclosed by a spokesperson for the organization. Sales of white line products rose 13.74%. The products that powered
The Brazil Health Consortium, established by nine organizations, has started promoting its services on the Arab market this year. The idea is to attract more and more foreigners for medication in Brazilian hospitals. The expectation is to have a turnover of US$ 1 million with medical tourism over the next three years.
From Agência Brasil* São Paulo – In January 2007, vehicle production in Brazil totalled 203,703 units, 7.5% more than in December 2006 (189,432). Compared with January 2006 (195,399), production was 4.2% higher. The data were obtained from the monthly survey of the National Association of Vehicle Manufacturers (Anfavea). *Translated by Gabriel Pomerancblum
Brazil earned US$ 504 million from exports to the League of Arab States. It was the best performance for January since 1989. Saudi Arabia, Egypt, the United Arab Emirates, Algeria and Morocco were the main destinations. Imports increased 16% to reach US$ 436 million.
From the Newsroom* São Paulo – Businessmen in Brazil are more optimistic regarding the economy in 2007. They believe that both revenues and profit will increase, and are also willing to invest more. The information is the result of a research conducted by Brazilian credit information company Serasa in January among 1,021 executives throughout the
