From the Newsroom* São Paulo – Manaus Industrial Hub, in Amazonas state, in northern Brazil, grew 36.12% in the first four months of this year. Between January and April, the hub had revenues of R$ 15.61 billion, 11.95% more than in the same period in 2005. In dollars, revenues totalled US$ 7.18 billion, 36.12% more
Browsing: Economy
From the Newsroom* São Paulo – Brazilian carmakers produced 245,200 vehicles in May, an increase of 20.1% over April and 10.4% when compared to the same month in 2005. In the accumulated total for the year, they have already produced 1 million vehicles. This is the first time that Brazil produces this volume of vehicles
Dim-Export provides services to small and medium companies that want to export but do not know how to. The organization helps in the establishment of a business plan for the foreign market. The consultancy company was established two years ago with the objective of taking abroad typically Brazilian products like caipirinha, a cane spirit cocktail, and cheese bread, a typical Brazilian snack.
The Brazilian foodstuff company Bretzke Alimentos signed contracts in Jordan, the United Arab Emirates and Iraq and is in negotiation with Saudi Arabia, Kuwait, Egypt and Morocco. The company produces chocolate powder, jellies, pudding, powdered juice, cake and milkshake mixes.
Brazil bought the equivalent to US$ 606 million from the region in May and US$ 2.2 billion in the first five months of the year. Brazilian exports to the Arab market, in turn, were at US$ 440 million in May and US$ 2.1 billion in the accumulated value for 2006.
The largest Latin American producer of electric engines, Brazilian multinational WEG exported the equivalent to US$ 500,000 to the Arab country last year. Now the target is to increase exports to US$ 1 million.
Agência Brasil* Coari – Petrobras and the Brazilian federal government started the construction works on the Urucu-Manaus gas pipeline, in the northern Brazilian state of Amazonas. The construction may generate nearly 3,500 direct jobs and 10,000 indirect jobs. The cost estimated for the approximately 670 kilometres pipeline is of US$ 1 billion. The construction was
From the Newsroom* São Paulo – Brazilian industry is importing more raw materials, according to a study by the National Confederation of Industries (CNI). The process of substitution of national inputs for foreign materials should be even stronger during the year of 2006, due to the value of the dollar, favourable to imports. According to
From the Newsroom* São Paulo – The civil construction sector grew by 7% in the first quarter of the year in Brazil. During the last twelve months, the sector accumulated an increase in 2.84%. The aim, however, is to reach the end of 2006 with an increase in 5.1% in activities. *Translated by Silvia Lindsey
