Browsing: Economy

From the Newsroom* São Paulo – The Brazilian market of electronic means registered an increase in 10 million credit, debit and store cards in circulation. The country had registered 337 million units in December 2005. At the end of the month of March, this number jumped to 347 million, with a total turnover of US$

From the Newsroom* São Paulo – The Brazilian airline Gol had record net profit of US$ 85.0 million during the first quarter of the year. The value is 37.2% greater than the US$ 62.0 million, in current exchange rates, obtained in the same period in 2005. The net income increased by 46.5% between January and

The clothes made by this famous brand from the southeastern Brazilian state of São Paulo are exported to the Emirates and Lebanon. The client who has brand exclusiveness in Dubai was in Brazil last year to visit the company. The main characteristics of the products created by Carmim are happy colours and sensuality.

From the Newsroom* São Paulo – Roullier Brazil is going to invest R$ 18 million (approximately US$ 8.5 million) in the modernization of their industrial unit in Brazil, which is in the city of Rio Grande, in the southernmost state of Rio Grande do Sul. The company is a French multinational that makes products like

Mosarte, a company from Santa Catarina, started selling mosaics for flooring and walling to Saudi Arabia and the United Arab Emirates around two years ago. The Arabs are currently main clients for the company, the leader in the Brazilian mosaic market with a market share of approximately 70%.

Agência Brasil* Rio de Janeiro – Brazilian oil giant Petrobras is scheduled to announce tomorrow (21) that Brazil has reached self-sufficiency in petroleum, guaranteed with the entry into operation of platform P-50. The structure will be the largest in operation in Brazil, adding over 180,000 barrels of oil to Brazilian production. Last month, Petrobras produced

From the Newsroom* São Paulo – Brazilian leather exports increased by 26% during the first three months of the year over the same period in 2005 and yielded US$ 403 million to the tanneries in the country. In terms of volume, the increase was of 35%, according to information from the Association of Tannery Industries

Agência Brasil Rio – Petrobras, the Brazilian state owned oil company, has announced a new discovery of light petroleum in the Espírito Santo basin, in the southeastern region of Brazil. The estimated reserves in the new well are 280 million barrels equivalent (both petroleum and natural gas combined). Spokespersons for the company say the petroleum

From the Newsroom* São Paulo – Nestlé and Fonterra, a cooperative from New Zealand, are going to install an industrial unit in the city of Palmeira das Missões, in the southern Brazilian state of Rio Grande do Sul. The new dairy, to be called Dairy Partners America (DPA), is going to process one million litres

From the Newsroom* São Paulo – Revenues with Brazilian shoes exports increased by 3% in the first quarter of the year in relation to the same period in 2005. The shoes factories in Brazil had turnover of US$ 502 million with the foreign market during the first three months of this year against US$ 489.4