Company announced joint venture with Qatar’s Nebras Power to invest in two projects in Santa Catarina 09/09/2022 Pedro Litsek — Foto: Divulgação Diamante Geração de Energia unveiled a joint venture with Nebras Power, an international energy investment company and a subsidiary of Qatar Electricity & Water Company (QWEC), to invest R$5 billion in two natural […]
Studies are in an advanced stage and are expected to be submitted for approval later this year 09/08/2022 Nilton Saraiva — Foto: Divulgação Ibema, a cardboard maker that has Suzano as a shareholder, is studying the feasibility of building a new mill to make bleached chemi-thermomechanical pulp, or BCTMP, in Turvo, Paraná. The estimated investment […]
350 farmers will have access to access to rural credit, technologies and input purchasing pool 09/08/2022 A year and a half after agreeing to buy Biosev from Louis Dreyfus Company (LDC), Raízen is starting to integrate the company’s sugarcane suppliers into its relationship dynamics with farmers. In total, 350 farmers will have access to the […]
Benjamin Steinbruch signed check for R$5.2bn to take over LafargeHolcim’s operations in Brazil 09/08/2022 Benjamin Steinbruch — Foto: Claudio Belli/Valor By signing a check for R$5.2 billion, businessman Benjamin Steinbruch, the main shareholder of steelmaker Companhia Siderúrgica Nacional (CSN), concluded on Tuesday the purchase of the cement company LafargeHolcim Brasil, unveiled one year ago. The […]
Lack of consistency in inflation projections still worries asset managers 09/08/2022 The Central Bank has tried to cool expectations that it will start reducing Brazil’s key interest rate as early as the first quarter of 2023. The fact that short-term inflation slowed down and commodity prices went south in the international market was a determinant […]
Leaders of companies that stand out in 27 sectors intend to increase investments in 2023 09/05/2022 Fiscal responsibility and an environment that provides security to private-sector investments are the basis of the model that Brazil must pursue in the next four years, according to the executives that run the most efficient companies in the country. […]
Economists are anticipating a more challenging scenario for the Central Bank to meet inflation targets 09/05/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal Fuel tax cuts will remain in place next year, which lowered financial market inflation expectations for 2023 but did not prevent them to rise in 2024 – a […]
Fewer greenfield projects were launched since recession of 2015 09/06/2022 Glauco Humai — Foto: Divulgação Brazil is on its way to completing a decade since the last great cycle of investment in shopping malls with no sign of a new wave on the radar. Yet, those already in operation have left the pandemic crisis behind, […]
Internet and information technology companies accounted for more than half of deals 09/05/2022 Mergers and acquisitions in Brazil increased 26.1% in the first half of this year, to 1,104 deals, compared to the first six months of 2021. Internet and information technology companies totaled 590 deals, research by KMPG shows. The long-time consolidation drive in […]
Company expects to triple its revenue to R$1.2bn by 2023 with new facilities 09/05/2022 Everton Fardin — Foto: Divulgação The shortage of photovoltaic equipment on the Brazilian market is opening up opportunities for Sengi Solar. The company is investing R$440 million to build new factories in Paraná and Pernambuco with the capacity to make 1 […]