CNC projects 4.8% drop in sales for Children’s Day

The National Confederation of Commerce of Goods, Services and Tourism (CNC) projects a 4.8% drop in sales for Children’s Day, celebrated on 12 October. According to the survey, this is the first contraction after four years. According to the CNC, the date is the third most important for the national retail sector, only behind Christmas and Mother’s Day.

Source: Agencia Brasil

Siemens buys 49% of Brasol

Siemens announced the acquisition of 49% of Brasol Participações e Empreendimentos, a distributed solar generation company focused on large consumers and with an Energy As a Service (EaaS) business model. The investment was made by the private equity area, Siemens Financial Services. The value of the transaction was not disclosed.

Source: Energia Hoje