Production of new 7MW equipment expected to start by 2025 07/05/2022 New wind turbines will initially be made at a manufacturing facility in Jaraguá do Sul — Foto: Divulgação/WEG WEG, the Santa Catarina-based machinery and equipment maker, will invest in the production of Brazil’s largest wind turbine. The 7-megawatt equipment, whose rotor has a diameter […]
Santiago Chamorro rejects hybrid car idea, says country’s turn will come when cost falls 07/05/2022 Santiago Chamorro — Foto: Ana Paula Paiva/Valor Some automakers are preparing to produce hybrid cars in Brazil. This group understands that the vehicle with two engines (one combustion and one electric) is the best way for Brazil to join the […]
Managers look for companies with good fundamentals to invest in 07/05/2022 Prevailing view is that investors must identify potential opportunities to join top-notch, resilient assets trading at a heavy discount — Foto: Divulgação Companies with strong economic fundamentals trading at a discount are being analyzed by investment funds looking for opportunities on the Brazilian exchange […]
Chinese company wants to turn country into gateway for neighbors in South, Central America 07/04/2022 Marcelo Barella — Foto: Divulgação Brazilians going to Qatar to watch the FIFA World Cup in November have a good chance of going to and from the stadiums in one of the 1,800 electric buses that China’s Higer sent to […]
Companies, schools are joining forces across country 07/04/2022 Ana Inoue — Foto: Carol Carquejeiro/Valor The partnership between the public and private sector, which specialists see as key for the expansion of vocational education, is starting to accelerate and deepen in Brazil in strategic fields like information technology and renewable energy. Experiments conducted in Araripina (Pernambuco) […]
Monetary policy slows GDP from July, but new fiscal stimuli kick in 07/04/2022 After positive surprises with activity in the first half of the year, the Brazilian economy enters the second half of 2022 under low visibility. Since the data from the beginning of the year started coming in better than expected, analysts expected that […]
As of 2024, Mexican group will produce more 500,000 tonnes of steel/year in Pindamonhangaba unit 07/01/2022 Jaime Moncada Ramos — Foto: Claudio Belli/Valor The Mexican group Simec, the third-largest long steel producer in Brazil, unveiled Thursday an investment of $300 million to increase twofold its steel mill located in Pindamonhangaba, 140 kilometers far from São […]
In practice, this reflects stronger GDP expansion and lower-than-expected unemployment rate 07/01/2022 Central Bank’s building in Brasília — Foto: Jorge William/Agência O Globo It was not only supply shocks and other surprises that made the Central Bank revise upwards its inflation projections. There were also the impacts of the lower-than-estimated degree of economic slack and […]
Combined company now has annual revenue of R$6.1bn, closer to market leader Dasa 07/01/2022 Medical laboratory chain Fleury has acquired competitor Hermes Pardini, in the wake of a series of other recent deals involving large healthcare groups, which demonstrates that the consolidation in the segment has reached the level of merging competitors. Earlier this year, […]
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, […]