Uganda Doing Business With Brazil (PART 2)

see geneva;”>Brazil is an emerging economic power house. The economic progress are being realised from all sectors raging from agriculture, mining, ship building, textile, motor industry, tobacco factories, infrastructure (roads and railways technology), aerospace design and manufacturing and many more.

When President Museveni attended the BRICS Meeting in South Africa, among other leaders he met was President of Brazil Her Excellence Dilma Rousseff. The Brazilian media reported that they had a bilateral cordial conversation about trade and other issues. Brazil is a country which can do business with Uganda. Insomuch as other financial factors are concerned, it is prudent that we create a good relationship with Brazil. Technological transfer and know how can be a driving factor if we want to realise VISION 2040 which was unveiled by President Museveni recently. Brazil is building more hydro power stations to feed the hungry ever increasing population and industries. Agriculture has increased and more food is being processed and exported to other countries. Uganda can collaborate with it in many sectors.

The following are the 13 Multi Billion Companies in Brazil. I have given a short account and description of each.


Maria das Graças Foster : CEO

Petrobras has operations in the entire oil and gas productive chain and in the production of biofuels and of other alternative energy sources. It has been voted the 3rd biggest energy company in the world by PFC Energy and 8th biggest global company in market value and the biggest in Brazil: $164.8 billion. It is an integrated energy company with a presence in 28 countries, on 5 continents.Petrobras has nearly 8000 service stations, 172 vessel fleet, 25 966 km of pipelines, 16 refineries and 2 fertilizer plants. It produces 2,583 000 barrels per day and 428 000 barrels of natural gas. It has estimated reserves of 16 million barrels and refines 2,052 000 barrels of oil per day. It has 80, 497 employees.

Total Assets: US$ 308,6 billion


Lázaro de Mello Brandão : Chairman

One of Brazil’s largest private banks (non controlled by government) in terms of total assets. Banco Bradesco provides a wide range of banking and financial products and services in Brazil and abroad to individuals, small to mid-sized companies and major local and international corporations and institutions. It has the most extensive private-sector branch and service network in Brazil, which permits to reach a diverse customer base. Bloomberg reported that Banco Bradesco is one of the largest banks in the world, by market capitalization, placing 10th. It has been ranked as the largest private corporate group in Brazil by Valor Econômico newspaper. The balance of Bradesco Organization’s Savings Accounts amounted to R$59.7 billion at the end of 2011, for growth of 10.35 versus December 2010, representing a 17.98% of the Brazilian Savings and Loan System (SBPE). The stock ownership structure: 59,95% Freely Floated, 24,38% Cidade de Deus, 8,54% Fundacao Bradesco, 5,34% NCF, 1,25% MUFG Bank. The income distribution is between 65% and 70% of the total result derive from activities related to the financial area, 25% to 30% from insurance, private pension plans, and savings bonds, and nearly 5% from other activities. Banco Bradesco holds stakes in Bradesco Insurance Group, Banco Finansa, BBI, Bradesco Leasing, Bradesco Consorcium, Bradesco Corretora, Bradesco Securities. It has nearly 104,684 employees.

Total Assets: US$ 441,9 billion


Aldemir Bendine : President

Banco do Brasil is the largest Brazilian and Latin American bank by assets, and the third by market value. The bank, headquartered in Brasília, was founded in 1808 and is the oldest active bank in Brazil — and one of the oldest financial institutions in the world. Banco do Brasil is controlled by the Brazilian government but its stock is traded at the São Paulo Stock Exchange and its management follows standard international banking practices (Basel Accords). The stock ownership structure: 51,86% National Treasury, 30,43% Freely Floated, 10,3% Previ, 4,8% Export Garantee Fund. The bank holds stakes in COBRA, BB Leasing, BB DVTM, BB Consorcios, BB Cartoes, BESCVAL, BB Corretora, BB Elo Participacoes, Nossa Caixa Capitalizacao, Banco do Brasil Securities LLC, BB Deguros Participacoes, BB Alianca Participacoes, BB Alianca Rev Participacoes, Aliancia do Brasil, Brasil Cap, Prasil Prev, SBCE, CIELO, EBP, CBSS. It has nearly 118,900 employees.

Total Assets: US$ 525,6 billion


Murilo Ferreira : CEO

Vale is a Brazilian multinational diversified metals and mining corporation and one of the largest logistics operators in Brazil. In addition to being the second-largest mining company in the world, Vale is also the largest producer of iron ore, pellets, and second largest of nickel.Vale is headquartered in Brazil and present in 38 countries. It has nearly 70,785 employees. Acquisitions: Socoimex, MBR, Samitri, Ferteco, Rio Verde, Inco. Vale’s 53.3% common shares are owned by Valepar, a holding company, and 6.8% are owned directly by the Brazilian government. Brazil’s national development bank owns a stake in Valepar, as do various Brazilian pension funds, and it is widely perceived as heavily influenced, if not controlled, by the Brazilian government.

Total Assets: US$ 128,7 billion


José Carlos Moraes Abreu : Chairman

Itausa s a Brazilian conglomerate company which controls several companies active in areas such as the financial and real estate sectors; industries including wood panels, pottery and metal; health; chemicals; and electronics. The main companies that Itaúsa controls are Itaú Unibanco, Duratex, Elekeiroz, Itautec. It is the largest private conglomerate in Brazil and one of the largest in the world. The control of the company rests with the Setubal and Vilella families, with the Camargo Corrêa family as minority holder. It employs around 126 800 people.

Total Assets: US$ 98 billion


Jose Mauro Mettrau Carneiro da Cunha | Chairman

Telemar Norte Leste S.A., is the largest telecommunications telephone company in Brazil and the second largest telco in Latin America, behind Mexican América Móvil part of Telmex, considering both lines in service and revenues. Currently, Oi has 22.2 million land lines in service, 31.7 million wireless customers, 4 million ADSL subscribers (2009) and about 44 thousand employees. Oi provides Internet access, mobile, fixed-line and pay- television services. It had a 19.4 percent share of the country’s wireless market in December, while market leader Vivo had 29.7 percent, according to Brazil’s telecommunications regulator.

Total Assets: Estimate US$ 75 billion


Benjamin Steinbruch : Chairman

Companhia Siderúrgica Nacional is the largest fully integrated steel producer in Brazil and one of the largest in South America in terms of crude steel production. It employs around 16 000 people. Dorothea Steinbruch, Brazil’s richest woman inherited her money from her late husband who controlled one of Brazil’s largest steel producers. The company, Companhia Siderurgica Nacional ADR, was state-owned before the Steinbruch purchased it. Steinbruch’s son, Benjamin, runs the company. Her other son, Ricardo, is chairman of the family’s other firm, Banco Fibra. Steinbruch and family are worth $5.5 billion, which makes them the 136th richest people in the world.

Total Assets: USD 45 billion


Israel Vainboim : Chairman

Usiminas has an installed capacity of producing 9.5 million tons of crude steel. The company also operates in the logistics sector through a stake in logistic company MRS Logística. The Usiminas industrial complex is the largest plain steel complex in Latin America and one of the top 20 in the whole world. The company was one of the largest shareholders in the Italian-Argentine company Ternium, accounting for 14.2% of total capital.

Total Assets: Estimate USD 30 billion


Jose Antonio Muniz Lopes : CEO

Eletrobras is a major Brazilian power utility. It’s also Latin America’s biggest power utility company, tenth largest in the world and is also the fourth largest clean energy company in the world. It is currently expanding its operations in the continent, as well as in Africa. The company’s full name is Centrais Elétricas Brasileiras S.A.. Eletrobras holds stakes in a number of Brazilian electric companies, so that it generates and transmits approximately 60% of Brazil’s electric supply. The company’s generating capacity is about 40,000 MW, mostly in hydroelectric plants. The Brazilian federal government owns 52% of the stock of Eletrobras, which is traded on BM&F Bovespa.

Total Assets: Estimate USD 76,3 billion


Eike Batista : CEO

EBX is a Brazilian holding company founded by Eike Batista in 1983 and headquartered in Rio de Janeiro. Many of the companies in the group use a sequence of three letters ending in X in their names. These include LLX, a logistics company, and MMX Miner, a mining and metal company. The company employes around 19 300 people. Brazilian privately-held holding company EBX Brasil owns mining, energy, logistics, oil, gas, and renewable energy assets. EBX Brasil’s companies have a production capacity of 10.8Mt/y iron, 29 oil and gas exploration blocks, electric power projects expected to generate 2.6GW in 2011, and two ports in southeastern Brazil. Grupo EBX is controlled by Brazilian magnate Eike Batista.

Total Assets: Estimate US$ 50 billion


André Bier Johannpeter : CEO

is the largest producer of long steel in the Americas, with steel mills in Brazil, Argentina, Canada, Chile, Colombia, Dominican Republic, Guatemala, India, Mexico, Peru, Spain, the United States, Uruguay and Venezuela. It also holds 40% stake in the Spanish company Sidenor and has a joint venture with Kalyani Group in India. It employs around 46 000 people. Gerdau is the world’s 14th largest steelmaker and the largest producer of long steel in the American continent.

Total Assets: Estimate USD 25,9 billion

12. Companhia Brasileira de Distribuicao Grupo Pao de Acucar ADS (JBS)

Abilio dos Santos Diniz : Chairman

is the biggest Brazilian company engaged in business retailing of food, general merchandise, electronic goods, home appliances and other products from its supermarkets, hypermarkets and home appliance stores. Abilio dos Santos Diniz, chairman of Brazil’s largest retailer is worth $3 billion. He inherited his wealth, but has grown it through smart business moves, including his orchestration of the merger between his company, Pao Acucar, and another retail giant, Casas Bahia. He sold a controlling share in his company in 2005 to a French supermarket chain for $860 million. Beyond his wealth, he is well known for being kidnapped as part of a political sabotage on the morning of Brazil’s 1989 presidential election. The company employs around 158 000 people.

Total Assets: Estimate USD 33 billion

13. Brasil Foods

The company has 42 factories and employs 120,000 people. BRF is the world’s tenth-largest food company and Brazil’s second in revenue, after global giant JBS. Sadia and Perdigão are BRF’s main ongoing food brands. Brasil Foods is present in over 110 countries. The company has 60 industrial plants in Brazil and four worldwide, 36 distribution centers and 24 global offices.

Total Assets: Estimate USD 17 billion.

David Wangusi Masinde.

Uganda research Development and Innovation Forum.

London United Kingdom.

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