Credits of the subject “Doing Business in Rio de Janeiro”: 1
Duration: one week
International Trade and Business in Rio de Janeiro
Rio de Janeiro is the capital of the State of Rio de Janeiro, the second largest city in Brazil (6.3 million people), and the third largest metropolitan area in South America.
Rio de Janeiro represents the second largest GDP in Brazil (30th
largest in the World)
Rio de Janeiro holds the first position in Hispanic America in attracting the Foreign direct investment (FDI) (Financial Times)
Rio de Janeiro ranks second in Brazil in the industrial production and the second financial and service centre
Top sectors of the economy of Rio de Janeiro are processed foods, chemicals, petroleum products, pharmaceuticals, metal products,
Shipping, textiles, clothing, and furniture
The state of Rio de Janeiro is the largest petrol manufacturer in Brazil and one of the largest steel producers
50% of the BOVESPA market capitalization is from the companies whose headquarters are in Rio de Janeiro
Rio de Janeiro is an important financial and
logistics hub in Brazil (five ports and three
airports
The largest entertainment and media companies are in Rio
The largest international pharmaceutical companies have their Brazilian headquarters in Rio de Janeiro
Rio de Janeiro host some major world events: FIFA World Cup; in 2015, Rio 450th birthday;
in 2016, the Olympic and Para Olympic Games
Petrobras is the leader in petrol industry in Brazil; they have expanded their operations aiming to be among the top five integrated energy Companies in the World by 2020. The business plan foresees investments in the order of 174 billion dollars. Petrobras is the third largest energy company in the World.
(c) EENI Global Business School (1995-2024)
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