Posts Tagged "commodities"
Sicredi: the credit institution behind Brazil’s commodity boom, by Leonardo Gottems
Timizzer.com - More than a hundred years before it got international recognition through a partnership with Rabobank, the credit union which became Sicredi was starting by the hands of Theodor Amstad in 1902 in Nova Petropolis, in the state of Rio Grande do Sul, Brazil. The founder was a Swiss Jesuit who came from England in 1883 and was trying to spread a cooperative throughout German colonies in Brazil.
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Read MoreTimizzer Latin America Investment and Market News Weekly 30/05/2012, by Leonardo Gottems
Timizzer.com - Repsol Sinopec Brasil announced new pre-salt oil discoveries at the Campos bay in Brazil. The recoverable volume is of about 1.2 billion barrels of oil and gas. According to Repsol Sinopec, the discovery is among the five biggest in the World. Analysts says that the new will move the focus from the Santos bay to Campos bay, where previouslyPetrobrás found oil. The Campos bay, on the other hand, currently accounts for 84 perent of the Brazilian oil production…
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Read MoreMajor changes in JBS: big risk or opportunity? by Leonardo Gottems
Timizzer.com - J&F, the holding which owns the majority of shares of food giant JBS, decided to buy Delta Construção. Delta is a company involved in a major scandal, where it won almost half of the contracts in an infrascructure federal program called PAC (Programa de Aceleração do Crescimento – Program of Growth Acceleration). The federal government of Brazil is accused of favoring the company in most of those bids. The changes in Delta were all signed into an agreement. J&F now has the right to replace all the administrative structure…
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