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Entries by Gelcy Bueno

Suzano to invest R$600m in new plant in Espírito Santo

Future unit will have capacity of 60,000 tonnes per year, increasing installed capacity by 35% 07/01/2022 Suzano, the largest producer of market pulp in the world, intends to invest R$600 million in a new tissue paper plant in Espírito Santo, increasing the installed capacity for this type of paper by 35%, to 230,000 tonnes. Today, […]

NEWSLETTER – JUNE 2022

MURRAY ADVOGADOS NEWSLETTER – JUNE 2022 06/01/2022 CRYPTO BROKERS WILL BE REGULATED, CENTRAL BANK PRESIDENT SAYS Roberto Campos Neto said new bill will improve proposals already in Congress Central Bank President Roberto Campos Neto highlighted the regulatory challenges regarding crypto-assets and said the monetary authority will regulate brokerages in the segment. “We like the bill […]

Audi unveils investments to resume production in Paraná

Brand will inject R$100m to modernize assembly line with new machines, tools and systems 06/30/2022 Audi had halted activities in Brazil for over a year — Foto: Reprodução/Instagram Audi unveiled Wednesday morning an investment of R$100 million to resume vehicle production in São José dos Pinhais, Paraná. The decision to make cars again in Brazil […]

Five groups mull Belo Horizonte beltway bidding

Auction is expected to draw at least one bidder after postponement, revamp 06/30/2022 Five groups mull taking part in the federal auction that will choose a company or consortium to build a beltway around Belo Horizonte, the capital city of Minas Gerais, through a public-private partnership. Acciona, Sacyr, China Railway Construction Corporation (CRCC), ECB (a […]

Tax breaks boost imports of knocked down cars

Government measure reduces taxes to up to 16% from 35% 06/30/2022 The cars produced in Brazil may have lower local sourcing rate. The country is still far from the electrification drive underway in developed countries, and a recent measure of the federal government has accelerated the decline of manufacturing. A resolution from the executive management […]

E-commerce drives number of regular exporters

Online platforms create opportunities for new companies abroad, experts say 06/30/2022 Expansion of e-commerce has created opportunities for new companies to venture into exporting — Foto: Ana Paula Paiva/Valor The growth of internet sales — and a favorable exchange rate — drove commerce into a boom of new exporting companies with continuous sales to other […]

Agricultural self-monitoring bill to be analyzed by Senate

Senator files appeal asking for blueprint approved last week by Agriculture Committee to be discussed in plenary 06/29/2022 Paulo Rocha — Foto: Divulgação/Senado Federal Senator Paulo Rocha (Workers’ Party, PT, of Pará) filed on Tuesday an appeal for the bill that establishes the so-called agricultural self-monitoring, passed last week by the Senate’s Agriculture Committee, to […]

Startups thrive in Brazil but governance still takes back seat

Survey by Better Governance shows that only 17.6% of young companies are in most mature stages of governance 06/29/2022 In the last decade, the Brazilian startup ecosystem has become the most solid in Latin America, with a growing number of companies, investors and success stories. But this expansion has not been accompanied by an item […]

Transmission lines auction expected to draw R$15.3bn

There will be 13 lots for construction, maintenance of 5,425 km 06/29/2022 In total, 13 lots will be auctioned for construction and maintenance of 5,425 km of transmission lines — Foto: Custódio Coimbra/Agência O Globo The most awaited auction of the Brazilian electricity sector held by the National Agency of Electrical Energy (Aneel) takes place […]

States have few options to compensate for revenue loss

Sharp reduction in taxes will put governors under pressure 06/28/2022 The reduction of sales tax ICMS on fuel, electricity, communications and public transportation, in effect since Friday, and the analysis by the Federal Supreme Court (STF) on how to calculate taxes levied on fuels will cause a loss of R$105 billion to R$136 billion for […]