Market pressures reshape Brava’s strategy as it seeks to streamline operations and stabilize finances 12/18/2024 Brava Energia, formed through the merger of oil companies 3R and Enauta, is evaluating its asset base to unlock capital and improve cash flow. The company announced on Tuesday an exclusive agreement to divest assets in Rio Grande do Norte. […]
Government spending pressures and revenue assurance efforts could still prompt rate adjustments 12/18/2024 Brazilian Lower House’s rejection of 34 amendments made by the Senate to the tax reform regulation—which had contributed to raising the standard rate of the Value Added Tax (IVA)—is unlikely to ensure that the rate remains at 26.5%, experts interviewed by Valor suggest. […]
Paraná’s highway Lot 6 draws bid from EPR; three port terminals up for auction 12/17/2024 The federal government is set to conduct auctions this week for three port terminals—in Maceió, Rio de Janeiro, and Amapá—in addition to a major highway concession in Paraná. These projects are expected to attract a combined investment of R$16.3 billion, […]