From the Newsroom*
São Paulo – A study by the Serasa, a company specialized in analysis and information about credit and business support, shows that Brazilian industries have expanded their investment in productive capacity in 2006. The Serasa researched 10,000 open and closed capital companies from 2003 to September 2006.
In large industries, those with net revenues of over R$ 50 million (US$ 23.7 million), the volume of investment in fixed assets has presented constant growth since 2003 and was equivalent to 7.6% of revenues up to September 2006, the greatest percentage reached in the period studied. Approximately 1,700 large companies studied invested at least R$ 32 billion in fixed assets up to September, not considering the investment made by oil giant Petrobras, which alone invested around R$ 11 billion in the same period.
The pulp and paper sector stood out in the study. The ironworks sector turned approximately 12.7% of sales revenues to investment. The petrochemical sector disclosed investment of approximately 8.2% of net revenues. The textile sector posted investment equivalent to 1.9% of revenues. Small and medium companies with annual revenues of up to R$ 50 million, invested approximately 4.1% of revenues.
*Translated by Mark Ament
