Brazil’s Big Industries Invest 8% of Revenues in Fixed Assets

Brazilian industries have expanded their investment in productive capacity in 2006, according to a study by Serasa, a company from Brazil specialized in analysis and information about credit and business support.

Serasa researched 10,000 open and closed capital companies from 2003 to September 2006.

In large industries, those with net revenues of over US$ 23.7 million, the volume of investment in fixed assets has presented constant growth since 2003 and was equivalent to 7.6% of revenues up to September 2006, the greatest percentage reached in the period studied.

Approximately 1,700 large companies studied invested at least US$ 15 billion in fixed assets up to September, not considering the investment made by oil giant Petrobras, which alone invested around US$ 5.2 billion in the same period.

The pulp and paper sector stood out in the study. The ironworks sector turned approximately 12.7% of sales revenues to investment. The petrochemical sector disclosed investment of approximately 8.2% of net revenues.

The textile sector posted investment equivalent to 1.9% of revenues. Small and medium companies with annual revenues of up to US$ 24 million, invested approximately 4.1% of revenues.

Abroad

Brazilian investments abroad has also increased by 44% between 2001 and September 2005, according to information released earlier by the Central Bank of Brazil. They went from US$ 50 billion to US$ 71.6 billion.

Brazil is the fourth country amongst the developing nations with greatest direct investments abroad. The information is from the United Nations Conference on Trade and Development (Unctad).

Tags:

You May Also Like

Brazil, a Superpower in Cookie Consumption, Just Behind the US

Brazilian cookie exports totaled US$ 114 million last year, which represented growth of 24.5% ...

Brazil Invests US$ 8.5 Billion to Improve and Export Fuel to US and EU

Brazil's government-controlled oil multinational Petrobras plans to increase gasoline exports to compensate the lower ...

Ted Kennedy to Be Keynote Speaker of First Encounter of Brazilian Leaders in the U.S.

The Brazilian Immigration Center/Massachusetts, with the Brazilian Strategy Network/California and several other activist groups ...

New Oldie

Creativity has been a trademark of the group Último Tipo  since it was founded. ...

Brazil: For Some, Slavery Is the Only Option

It is estimated that between 25 and 40 thousand workers live under slave-like conditions ...

Promises of Low Interest Rates in the US Give Boost to Brazilian Stocks

Brazilian stocks rallied, with that country’s shares getting a boost from investor relief that ...

Massacre’s Lesson: Brazil’s Landless Are Not Police Matter

Flávio Botelho, a Brazilian professor in the nucleus of agrarian studies at Brazil’s University ...

Music producer Guilherme Araújo

Guilherme Araíºjo, Who Made Tropicalismo a Household Name, Is Dead

The man who made Brazil's musical movement Tropicalismo into a  global marketing phenomenon has ...

A Decades-Long Skirmish Pitches Brazil’s Military Against Descendants of Slaves

The late Afro-Brazilian scholar Abdias do Nascimento set a unique flame to Brazil’s quilombos, ...

Brazil Intent on Spreading Ethanol and Hybrid Cars Throughout C.A.

A concrete result of the Brazil-Cental American and Caribbean Integration System (SICA) summit in ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`