Day: February 3, 2021

Micro and small businesses generated 293,200 jobs in 2020, says Sebrae

Micro and small enterprises have opened 293,200 jobs, according to a survey by the Brazilian Support Service for Micro and Small Enterprises (Sebrae) with data from the Ministry of Economy. In the same period, medium and large businesses closed 193,600 jobs. This result is the difference between hiring and layoffs. In the overall calculation, small businesses were responsible for the final balance of 142,700 jobs generated in the country in 2020.

Source: G1 Economia

Mining revenues were $38.7 bn in 2020, 36% higher than in 2019

The mining sector’s revenues were R$209 billion ($38.7 bn) last year, 36% more than in 2019, even with the pandemic, influenced by high prices and exchange rates, the Brazilian Mining Institute (Ibram) reported. In the fourth quarter, revenues reached R$83 billion ($15.3 bn), compared to almost R$51 billion ($9.4 bn) in the third quarter (63.6% more).

Source: Isto É

Transmissão Paulista starts partial operation of $67 mm project

Transmitter Isa Cteep (TRPL4) reported that its subsidiary IE Aguapeí partially began operations of a project in São Paulo after investments of around R$360 million ($67 mm). The contribution made to the work represented a reduction of more than 40% compared to the budget estimated by the National Electrical Energy Agency (Aneel), the company added.

Source: Money Times

Petrobras concludes 2020 with 33% rise in oil exports

Petrobras exported a record 713,000 barrels of oil per day (bpd) in 2020, up 33% on the previous year, as a result of the company’s search for foreign sales in the face of a weak domestic market, the state-owned oil company said in its production report. In the fourth quarter, oil exports averaged 618,000 bpd, down 4.5% on the same period in 2019, with a recovery in the domestic market.

Source: UOL Economia