After opening a subsidiary in Brazil earlier this year, Gamesa Corporacion Tecnologica is planning to build a new factory in the country that will supply the world’s fastest-growing market for wind energy. According to Bloomberg, the company aims to make locally a significant number of the 129 turbines it will provide to Iberdrola SA for nine BrazilianContinue reading “Spanish turbine maker Gamesa sees Brazil as a key source of growth”
Tag Archives: Brazil
Emerging Markets top Private Equity investment in 2010
Interest in investing private equity dollars in Latin America continue to grow. Brazil deals ranked among the top five largest investments this year. PE investment in Brazil increasing 53% in the first six months of 2010 over full year 2009 totals. Much of the $4.5 billion in emerging markets private equity investments in the firstContinue reading “Emerging Markets top Private Equity investment in 2010”
Brazil’s agricultural miracle
The Economist has a briefing on Brazilian farms. Even more striking than the fact of its success has been the manner of it. Brazil has followed more or less the opposite of the agro-pessimists’ prescription. For them, sustainability is the greatest virtue and is best achieved by encouraging small farms and organic practices. They frownContinue reading “Brazil’s agricultural miracle”
Venture Capital on the rise in Brazil
Until now, Brazilian entrepreneurs did not know what venture capital meant. High interest rates and heavy bureaucracy were burdens preventing VC. But now, all eyes are over Brazil. Recent article in Times Magazine available at Yahoo Finance praises VC in tech companies. “Macro reasons” to boost VC Brazil is expected to grow by 7.1% this year and soarContinue reading “Venture Capital on the rise in Brazil”
BNDES needs greater transparency?
The Economist has a piece on BNDES, advocating greater transparency, and noting the influence of the organization. EIKE BATISTA, Brazil’s richest man, calls BNDES, the country’s state-owned development bank, “the best bank in the world”. But a former BNDES chairman, Luiz Carlos Mendonça de Barros, says it is a serpent’s egg—a reference to a filmContinue reading “BNDES needs greater transparency?”