Agência Brasil* Brasilia – The mechanisms for attracting investments are the theme of the 10th Latin American Conference of Free Zones, event held for the first time in the country that integrates the programme of the 3rd Amazon International Fair (Fiam 2006), which starts today (30) and carries on up to the 2nd of September
Browsing: Economy
From the Newsroom* São Paulo – Randon Group, which makes lorry trailers, railway wagons and auto parts, had revenues of R$ 1.03 billion (US$ 481 million at current exchange rates) in the first half of this year, according to figures supplied by the company. The figure was 5.4% more than the performance from January to
From the Newsroom* São Paulo – The group Hexion Chemical Industry and Trade of Brazil, controlled by Borden Chemical, of the United States, is going to invest US$ 21 million to build a factory of applied resins for wooden plate factories, in the city of Glorinha, in the southernmost Brazilian state of Rio Grande do
Shoe factory Siboney produces female shoes in the city of Igrejinha, in southern Brazil, and intends to increase exports to the Arab market. Exports to the region currently represent 5% of sales abroad. They should rise to 10%. Brand Siboney is in Saudi Arabia, Lebanon, Kuwait, Morocco, the Emirates and Oman.
From the Newsroom* São Paulo – The Federal Savings Bank of Brazil (Caixa) had net profits of R$ 1.344 billion (US$ 609 million) in the first half of this year, growth of 43% when compared to the R$ 937 million (US$ 439 million) registered in the same period last year. The areas of the bank
Company Jan, in the city of Não Me Toque, in the South of Brazil, has already sold to Egypt and now wants to enter new markets in the Middle East and North Africa. The company makes agricultural machines as well as components for tractors, transmissions and gearings.
The holographic label will be adopted starting on September 01, and the objective is to increase the safety of documents for export to the Arab countries. The service will have no additional cost to exporters.
From the Newsroom* São Paulo – Bosch Rexroth Brasil, company of the Bosch group that produces technology for setting in motion, commanding and moving machines, invested 40 million euros in amplifying their factory in the city of Pomerode, in Santa Catarina, state in the Southern region of Brazil. The expansion was inaugurated yesterday (22) and
Agência Brasil* Brasília – The Brazilian Finance Minister, Guido Mantega, has maintained his estimate of growth of between 4% and 4.5% for the Brazilian Gross Domestic Product (GDP) this year, despite the reductions forecasted by the market. "The 3.5% forecasts are pessimistic," stated Mantega, in reference to the most recent analyses. Financial institutions heard by
Owner of the brand Corduroy, the factory Suape Têxtil exports to more than 20 countries. Amongst the importers are Egypt, Morocco and Tunisia. Appreciate and supporting Brazilian fashion are the main objectives of the manufacturer who has many partnerships with stylists in the country.
The factory Parati, from the southern Brazilian state of Santa Catarina, is going to open a factory of soups and noodles and expand its unit of refreshments, chocolate powder, pasta, candies and chewing gum in the city of Santa Maria, in Rio Grande do Sul, also in the South of Brazil. The aim is to better meet the demand in the internal and external markets.
From the Newsroom* São Paulo – Brazil exported the equivalent to US$ 3.011 billion last week and imported US$ 1.989 billion, which resulted in a trade surplus of US$ 1.022 billion. The figures were released yesterday (21) by the Ministry of Development, Industry and Foreign Trade. During the month of August, external sales up to
Jobek, a factory located in the Brazilian city of Fortaleza that has German capital, makes hammocks for homes and gardens. The entire production is exported, especially to Europe. Sales to the Emirati market started in 2005 and should increase this year.
