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.
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Brazilian companies will participate in The BIG 5 show from December 4 to 9. The trip will also include B2Bs, technical visits, and product showcases.
Indicator points out that investments in May stepped up by 1.6% month on month and 0.5% year on year. Components include purchases of production machinery.
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.
Company Jacto of Brazil believes in the potential of partnerships to implement new technologies in the Arab country, where opportunities are available to grow citrus fruits, tomatoes and olives. Industry association Abimaq’s executive director stressed Brazil’s role in technology production in an Arab Chamber webinar this Wednesday (9) featuring Brazilian and Moroccan diplomats.
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.