Brazilian multinationals in Egypt halt operations

Marcopolo and Randon discontinued operations in Egypt due to political tension demanding the end of President Hosni Mubarak.   Marcopolo, a manufacturer of buses, decided yesterday to bring back to Brazil three employees after being informed by the Egyptian partner that the situation has worsened and that in addition to insecurity, since there is a risk of missing food and fuel.   Randon  has a complete line of equipment for the transport of cargo by land, with its towed vehicles (trailers / semi-trailers), rail cars and specialty vehicles.Continue reading “Brazilian multinationals in Egypt halt operations”

Brazilian textile company acquires plant in the US

News from the Charlotte Business Journal about Companhia Providencia will invest an additional $60 million and add 28 jobs to its $70 million Statesville plant, boosting total employment to 81. Read more: Companhia Providencia invests $60M in Statesville | Charlotte Business Journal

Please welcome: EBX International, the latest Brazilian multinational

The Rio based EBX Group is planning to strengthen its presence outside Brazil and announced the openning of an office in New York to host EBX International. According to Eike Batista, chairman of the group: “with the creation of EBX and the International office opening in New York, let’s get even closer to global investors. We areContinue reading “Please welcome: EBX International, the latest Brazilian multinational”

Brazilian Transnational Companies are debated in Paris at the CERALE

A very interesting conference took place yesterday evening at the Centre d’Etudes et Recherche Amérique Latine en Europe (CERALE). Background of the discussion The Brazilian economy performed very well during the 2007/8 financial crisis. The impact of the crisis did no last for a long period and the economic policy implemented to offset the impactContinue reading “Brazilian Transnational Companies are debated in Paris at the CERALE”

Brazilians acquisitions abroad top Multinationals buying in Brazil, says Estadão

The good shape of Brazilian companies turned them into buyers globally. This year, the balance of acquisitions is positive to Brazil.  Favored by a strong currency they are going shopping everywhere in the world. But it is not all. Most important is to notice that the Brazilian entrepreneur have manage to go out of the shell ofContinue reading “Brazilians acquisitions abroad top Multinationals buying in Brazil, says Estadão”