According to a study by the National Confederation of Industry (CNI), the participation of Brazilian multinationals in Brazil’s total exports rose from 18% in 2001 to 21% in 2013 and 24% last year. The survey showed that the participation of these companies in the value sold abroad has grown more than that of other large industries not internationalised.
Source: Valor Investe
Day: October 5, 2020
Petrobras sell assets in Uruguay to Disa for $61.70 mm
Petrobras signed a contract to sell its entire stake in Petrobras Uruguay Distribuición to Disa Corporación Petrolífera, in a $61.70 million deal. The transaction will be settled in two tranches, the first of $6.17 million and the remaining $55.53 million at the official closing, without considering adjustments.
Source: Money Times
Demand for energy in Brasil should fall 2% by 2020
Although energy consumption has shown stable signs of recovery six months after the beginning of social isolation measures against the pandemic, the perspective is that the National Interconnected System – SIN ends the year with a volume of demand 2% lower than last year, points out a recent study by the Chamber of Electric Energy Commercialisation (CCEE).
Source: Canal Energia
Crisis closes 50 thousand companies in the tourism sector
A study by the National Confederation of Commerce of Goods, Services and Tourism (CNC), shows that with the escape of the usual visitors 50 thousand tourist establishments closed from March to August. The number represents the extinction of 16.7% of tourist establishments in Brasil, especially bars and restaurants (39.5k), hotels, inns and similar (5.4 k) and road transportation (1.7k).
Source: Isto É
Vale negotiates with Tesla nickel supply from Canada
The mining company Vale is negotiating with Tesla and other members of the electric vehicle chain the supply of nickel from its operations in Canada, said on Friday the company’s director of Basic Metals. Tesla offered a “giant contract” if the mineral could be produced in an environmentally sustainable manner.
Source: Reuters
