Word: companhia
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...companies offer a more stunning testimonial to the benefits of privatization--and fortuitous timing--than the formerly state-owned Brazilian mining firm Companhia Vale do Rio Doce. In the 55 years following its founding in 1942, Vale, as it is now known, grew into a comfortably large domestic player. Since being unshackled from Brazil's state bureaucracy in 1997, Vale has soared into the ranks of global-commodities powerhouses, with net income rising from $680 million in 2002 to $9.2 billion in the first nine months of 2007, placing it as one of the top-three diversified mining...
...Brazil are also heading overseas. From 2002 to 2006, for example, India made 176 investments in Europe, according to Invest in France Agency, a government-backed investment-promotion group. China wasn't far behind with 114 deals over the same period. And last week, a Brazilian steel group?Companhia Sider?rgica Nacional?challenged Tata Steel's bid for Corus by making a preliminary $8.5 billion offer, 4.4% more than Tata's buyout proposal. Says Rajat Gupta, former global managing director of McKinsey & Company and the first Indian-born CEO of a large U.S. multinational: "It's a gathering trend...
...Spanish border. To this day, most of the wine warehouses, called caves do vinho do porto (lodges), in Vila Nova de Gaia across from the city of Porto are run by three big companies from both nations. Sogrape owns several old vintners, such as Ferreira and Sandeman. Real Companhia Velha makes Royal Oporto. British giant Symington remains family owned...
...internet connection in every seat Take a Hike Destinations to restore your sense of wonder do porto (lodges) in Vila Nova de Gaia across from the city of Porto are run by three big companies from both nations. Sogrape owns several old vintners like Ferreira and Sandeman. Real Companhia Velha makes Royal Oporto. British giant Symington remains family owned. Indeed, some of the wine's most passionate defenders have come from Britain. In 1831 a young Englishman, Joseph James Forrester, came to Porto, learned Portuguese, mapped the Douro region, wrote treatises on grape growing and exhorted the wine growers...
...Latin America's largest integrated steel company, it's not the blast furnaces that are shooting off the biggest sparks these days. It's Maria Silvia Bastos Marques, 40, an economist and financial wizard hired in May to restructure Companhia Siderurgica Nacional, formerly an icon of Brazilian state-driven industrialization and, since 1993, Brazil's largest privately owned firm. She has more than her share of work ahead at CSN, where she is leading what she calls an "internal revolution" that is likely to set standards for other Brazilian industries as well...