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Entries by Gelcy Bueno

OneSubsea wants to have 25% of global revenue in Brazil

Supplier emerged in October after joint venture between SLB, Aker and Subsea 04/01/2024 Mads Hjelmeland — Foto: Leo Pinheiro/Valor Subsea technology and equipment supplier OneSubsea expects Brazil to rise to 25% of its global turnover from the current 20% in three years. The company, which does not reveal its annual revenue, was created in October […]

Consumer credit growth could boost GDP

Corporate sector yet to experience turnaround cycle, key for investment growth 04/01/2024 Credit concessions to families, more closely linked to consumption, have been growing at a more vigorous pace than those related to debt consolidation, a trend that has strengthened since the beginning of the year. Some economists believe this will be an important factor […]

Highway auctions in April to test market potential

Tenders for BR-040 and the Litoral Paulista Lot PPP are expected to generate R$9 billion in investments 04/01/2024 The market ended 2023 on alert after the cancellation of the auction of BR-381 in November, due to a lack of proposals — Foto: Alberto Ruy/MInfra The highway concessions market will be tested in April, when two […]

International scenario, political risk keep foreign capital away

International investors have withdrawn R$22 bn from B3 this year, despite seeing opportunities in Brazil 03/28/2024 Foreign investors posted net withdrawals of R$22.19 billion in the secondary segment this year at B3 — Foto: Divulgação External uncertainties that have been hitting the domestic stock market are now combined with local interferences, weighing on important shares […]

Antitrust watchdog greenlights Soma-Arezzo merger

Deal was approved in a summary procedure as it poses no harm to competition 03/28/2024 Operation is not expected to cause harm to the competitive environment, Cade said — Foto: Divulgação The General Superintendence of the antitrust watchdog Cade approved the Arezzo and Grupo Soma merger. The deal was approved in a summary procedure, an […]

Lula calls for increased cooperation with France; Macron attacks EU-Mercosur

French president follows opposite line of Brazilian businesspersons, who call for deal’s approval 03/28//2024 President Luiz Inacio Lula da Silva and Emmanuel Macron — Foto: Silvia Izquierdo/AP President Luiz Inácio Lula da Silva defended increased cooperation with France in the area of national defense, to ensure Brazilian sovereignty in the face of growing conflicts around […]

Illy seeks $1bn fund for regenerative coffee

Brazil can ensure a sustainable supply of raw materials for years to come, company says 03/25/2024 Andrea Illy — Foto: Gabriel Reis/Valor Brazil will be able to guarantee illycaffè’s supply of coffee from regenerative practices in the next decade, said Andrea Illy, CEO of the Italian multinational. For him, sustainable cultivation is the key to […]

Bauer invests in new factory to expand production in Braz

Facility is expected to increase production of pivots by 50% 03/25/2024 Rodrigo Parada and Luiz Alberto Roque — Foto: Divulgação Bauer do Brasil, an irrigation equipment company, will invest R$40 million in the construction of a new plant in São João da Boa Vista, São Paulo. The investment is intended to expand the company’s operations […]