Vale: The second largest mining company in the World
CEMIG (energy)
The Subject “Foreign Trade, Logistics and Business in Minas Gerais (Brazil)” is included within the curriculum of the following academic programs at EENI Global Business School:
Belo Horizonte is the third largest metropolitan area in Brazil
Services sector stands for 85% of GDP of Belo Horizonte
International Trade of Minas Gerais:
Top export
Products of Minas Gerais are non-agglomerate iron ore and its concentrates, non-toasted coffee, non-linked raw iron cast, gold bars, threads, solid sec. Profiles, chemical wood paste (cellulose), cars, ignition engine, Iron/steel, and semi-manufactured products
Main export destination markets are China, Germany, the United States,
Argentina, Japan, the Netherlands, Italy, South Korea, Belgium, and the UK
The largest industry sectors in Minas Gerais:
Metallurgy: 37% of steel production in Brazil
Iron: The largest manufacturer and exporter (42.4%)
Foundry: 27.5% of Brazilian production (40% of this is exported)
Cement: The largest Brazilian manufacturer (28% of Brazil)
Machinery and equipment: 15% of GDP
Agro-Industry: The first coffee manufacturer in Brazil, the second of bean and the second of sugar
Mineral extraction: 44% of Brazilian production
Vehicles: an automotive hub in Brazil (24% of the Brazilian production)
Food products: 14,700 enterprises and 151 500 employees
14.1% of the electric power generation capacity in Brazil is generated in Minas Gerais
Minas Gerais has the largest energy company in South America:
Cemig (Companhia Energética Minas Gerais)
Vale is the second largest mining company in the World and the largest private company in Hispanic America. Headquartered in Brazil and operating in thirty-eight countries, Vale employs 126,000 people. Exports to Asia represented 52.8% of total revenues, slightly below 53.3%. The share of exports to customer in the Americas was 25.2%, up from 23.6% last year, owing to augmented sales to the United States and Brazil.
Compahia Energética Minas Gerais - Cemig is a holding company integrated of 107 enterprises and fifteen consortia, with assets and enterprises in twenty-two states and the Federal District of Brazil and Chile. Cemig is the responsible for supplying 33 million people in 805 municipalities in the States of Minas Gerais and Rio de Janeiro.