Brazilian Industrias Romi acquires 3rd factory in Italy

Industrias Romi SA, leader in machinery and equipment, announced the acquisition of Italian  company Fertigungssysteme Burkhardt + Weber GmbH for  20.5 million euros. This will be Romi’s third factory in Italy. “This acquisition will complement the business of the Romi machine tool division, which accounts for about 65% of our revenue,” said to Jornal Valor,  LivaldoContinue reading “Brazilian Industrias Romi acquires 3rd factory in Italy”

L’Oréal’s lab in Rio

L’Oréal will invest 70 million reais in a research and innovation facility on the island of Bom Jesus, in Rio de Janeiro. Emerging markets focus The laboratory will intensify the development of products adapted to the Brazilian and Latin American markets. With an annual turnover of 19.5 billion euros in 2010, L’Oréal is the world leaderContinue reading “L’Oréal’s lab in Rio”

Betting on electricity boom in Brazil, DistribuTECH launches local show in 2012

DistribuTECH, North America’s No. 1 electricity transmission and distribution show, will launch its South American version in 2012. DistribuTECH Brasil is organized in four tracks: The Power Delivery Business, Advanced Metering, System Automation, and System Operation. The show takes place from Sept. 25-27 at the Riocentro Exhibition & Convention Center. “We’re about to see a huge boomContinue reading “Betting on electricity boom in Brazil, DistribuTECH launches local show in 2012”

High quality (cheap) cotton? Brazilian fashion prefer Peru to China

Brazilian brands such as VR Menswear, Ellus, TNG and Richards are following a path already trodden by international brands like Armani, Lacoste, Polo Ralph Lauren: outsourcing from Peru. Mercosur: import tax waiver Brazilians are benefiting from a Mercosur free trade agreement which waives import taxes from Peruvian textile goods. Same merchandise from China is taxed 35%. According to Jornal Valor, in 2009,Continue reading “High quality (cheap) cotton? Brazilian fashion prefer Peru to China”

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