São Paulo – The Brazilian group EBX announced this week the establishment of EBX International, aiming to promote closer ties with foreign investors based in the Middle East, Asia, the United States and Europe, as well as prospect new business for the holding company. The new enterprise will be headquartered in New York, United States.
"Through the establishment of EBX International and the opening of the new office in New York, we will be even closer to global investors. We are moving forward in the international market to find new business opportunities, with products that are differentiated, efficient and attuned with the best there is in the world," said Eike Batista, president of the EBX Group, in a statement issued by the company.
According to the statement, from 2010 to 2012, the EBX Group will invest US$ 15 billion in the five sectors that it operates in: oil and gas; energy; logistics; mining; and the offshore industry.
The EBX Group started its activities by operating eight gold mines in Brazil, Chile and Canada, and three iron ore mines in Brazil in the early 1980s.
Aside from the EBX office in New York, MPX (the group’s energy company) and OGX (the group’s oil and gas company) have offices in Colombia, and MMX (for mining) and MPX, in Chile.
*Translated by Gabriel Pomerancblum