Brazil-based non-lethal arm manufacturer owned by a group from the United Arab Emirates signed a USD 10 million deal.
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Revenue from the industry in February also posted a decline compared to the same period a year earlier, ABIMAQ reported. Benchmark interest rate is still high, the industry says.
With almost 30 years of expertise, Alitec is arriving in the United Arab Emirates. The manufacturer specializes in high-pressure homogenizers. In addition to these machines, it wants to export stainless steel tanks for the food industry.
Apex-Brasil and Abimaq have renewed a partnership to continue promoting Brazilian machinery and equipment in the international market.
The Brazilian company manufactures and installs farming systems for layer hens. It believes the outlook for investment is good, with egg consumption climbing as shoppers worldwide seek affordability, and countries work to step up domestic food production in the aftermath of Covid-19.
In special flight, an Abu Dhabi-based airline Etihad plane arrived in Brasília on Monday with the donations resulting from a bilateral cooperation between the countries.
The Brazilian Health Regulatory Agency (Anvisa) authorized formerly prohibited imports and donations of used equipment essential to intensive care units.
Brazilian machinery and service companies have invested in creations that integrate environmental and economic sustainability.
Brazilian equipment industry saw an increase in 2019 revenue, as per figures made public by Abimaq.
Capital goods exports from Brazil reached USD 824 million in August, down 15.7% from August 2018.
The industry grossed BRL 6.75 billion, down 12% year-on-year, and exports are also on their way down.