Day: July 30, 2020

Agribusiness emerges as the only growing sector in Brazil with 6.9%.

While the Industry, Services and especially Trade sectors continue to suffer considerable losses, Agribusiness stands out as the only growing segment – around 6.9% – in the same period, with a total of 703,200 companies installed in the country. The survey also points out that this increase in the business profile in agribusiness is due to the Southeast regions, with an increase of 9% and the creation of 52,354 new companies in the business.

4 MW wind turbine is approved for tests in Bahia

The wind power plant Ventos de São Januário 22 received authorisation from the National Electrical Energy Agency (Aneel) to start operation in test of turbine five, with 4.2 MW of power. The plant is operated by Ventos De Santo Eloy Energias Renováveis, in the municipality of Campo Formoso, state of Bahia.

Operation at public ports grows 6.6% in the 1st half of the year

Cargo handling at public ports grew by 6.6% in the first half of the year. 168.8 million tons were transported. The data from the Ministry of Infrastructure reflects the activities of eight port authorities that concentrate about 80% of leasing contracts in national ports. The highest growth was recorded at Companhia Docas do Pará, up 26.5%, followed by the Port of Suape (16.7%).

New company opening drops 25% in Brazil

The opening of new companies fell 25.7% in April compared to the same month in 2019, according to a survey by Serasa Experian. There were 194,800 companies opened in the month, with 84.7% in the category of individual micro-entrepreneur (MEI). Most of the new companies are in the service sector (68.9%) and are in the Southeast Region (51.1%).

Storebrand gathers funds with $ 4.6 tri to protect the Amazon

Storebrand Asset Management, gathered 34 funds, with more than $4.6 trillion in assets, to convince the Brazilian government to reverse policies that destroy the Amazon. Storebrand, which dedicated its entire $90 billion portfolio to environmental, social and governance (ESG) investments, says it now has a “clear commitment” from the Brazilian government that it will respond to their demands.