Browsing: Economy

From the Newsroom* São Paulo – Revenues of micro and small companies from the state of São Paulo rose 8.6% in the first quarter of 2006, presenting expansion of 8.6% over the same period in 2005. These figures were disclosed in the Conjectural Study of Small Retail of the Federation of Trade of the State

From the Newsroom* São Paulo – Brazilian investments abroad increased by 44% between 2001 and September 2005, according to information released yesterday (29) by the Central Bank of Brazil. They went from US$ 50 billion to US$ 71.6 billion. Brazil is the fourth country amongst the developing nations with greatest direct investments abroad. The information

Factory Soeicom intends to modernize and expand its production in the southeastern Brazilian state of Minas Gerais. The company should expand its current productive capacity from 1.9 million tonnes a year to 2.9 million tonnes by 2009, when the expansion plan should be completed.

Brazil is a great supplier of agricultural products to the Arab world, but it has also been gaining space in other sectors, like vehicles, aircraft and machinery. The trade between both regions was the theme of a talk that the president of the Arab Brazilian Chamber of Commerce, Antonio Sarkis Jr., gave last week to members of the São Paulo Rotary Club.

Agência Brasil Rio de Janeiro – Brazilian oil company Petrobras and its Norwegian counterpart, Statoil, who already operate together in petroleum production in Brazil, are extending their partnership to the social sphere. The companies plan to invest a joint total of US$ 359,000 this year in the creation of so-called Water Schools (Escolas das Águas)

Agência Sebrae* Maceió – To expand the participation of micro and small companies in the PVC, petroleum and natural gas productive chain in the northeastern Brazilian state of Alagoas, next Tuesday (30), an agreement will be signed for modification of the Productive Chain Project. The objective is to increase small company participation in the sector

The president of Brazilian oil giant Petrobras, José Sérgio Gabrielli, confirmed that the company is studying the possibility of establishing terminals to transform liquefied natural gas (LNG) into its gaseous form in the country. The sites should make it possible for Brazil to import gas from Qatar and Algeria, both Arab countries that are producers of LNG.

From the Newsroom* São Paulo – Company Lasa Brazil Technology and Automation, a maker of automatic presses, is gong to install a factory in the city of Canoas, in the southernmost Brazilian state of Rio Grande do Sul. Investment should total US$ 6.6 million (at current exchange rates) and 80 direct and 200 indirect jobs

The interest in the market in the region has been growing among small companies, according to the Sebrae. The organization is organizing a mission to Dubai between June 1 and 8, in which 10 companies are going to participate, most small.

Agência Brasil* Brasilia – Brazilian exports added up to US$ 2.24 billion in the third week of the month, with a drop in 4% in relation to the previous week. On the other hand, imports registered US$ 1.81 billion, 42.7% more in the same basis of comparison. With the result, the trade surplus in the