EENI-Business School

Doing Business in Minas Gerais

Syllabus of the Sub-subject: International Trade and Doing Business in Minas Gerais (Brazil) - Belo Horizonte.

  1. Introduction to the State of Minas Gerais
  2. Doing Business in Belo Horizonte
  3. Economy of Minas Gerais
  4. International Trade of Minas Gerais
  5. Business Opportunities in Minas Gerais
  6. Case Study:
    1. Vale: The second largest mining company in the World
    2. CEMIG (energy)
The Sub-subject “Doing Business in Minas Gerais (Brazil)” is part of the following programs:
  1. Doctorate in Business in America (Online)
  2. Masters: International Business, America, BRICS Countries
  3. Courses: Brazil, South America

Languages of study English or Spanish Brasil French Bresil Portuguese Brasil

Credits of the sub-subject “Foreign Trade and Doing Business in Minas Gerais”: 0.5 ECTS Credits

Sample of the Sub-subject: Doing Business in Minas Gerais
Doing Business in Minas Gerais Brazil

Description of the Sub-Subject: Foreign Trade and business in Minas Gerais.

Minas Gerais is the second most industrialised state in Brazil.

  1. Minas Gerais is the second largest car maker in Brazil (24.4% of the production in Brazil)
  2. Minas Gerais produces 44% of the mineral production in Brazil and 35% of the Brazilian steel
  3. Minas Gerais is the fourth largest manufacturer of footwear in Brazil
  4. It is the leader in the Brazilian ranking of coffee production
  5. Has the longest network of roads in Brazil
  6. Borders of Minas Gerais: Bahia, Espirito Santo, Rio de Janeiro, São Paulo, Mato Grosso do Sul and Goiás

Belo Horizonte is the capital of Minas Gerais.

  1. Belo Horizonte is the third biggest metropolitan area in Brazil
  2. The service sector stands for 85% of the Gross domestic product of Belo Horizonte

International Trade of Minas Gerais:

  1. 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
  2. Main export destination markets are the People's Republic of China, Germany, the United States, Argentina, Japan, the Netherlands, Italy, Korea, Belgium, and the United Kingdom

The largest industry sectors in Minas Gerais:

  1. Metallurgy: 37% of the steel production in Brazil
  2. Iron: The largest manufacturer and exporter (42.4%)
  3. Foundry: 27.5% of the Brazilian production (40% of this is exported)
  4. Cement: The largest Brazilian manufacturer (28% of Brazil)
  5. Machinery and equipment: 15% of the gross domestic production
  6. Agro-Industry: The first coffee manufacturer in Brazil, the second of bean and the second of sugar
  7. Mineral extraction: 44% of the production in Brazil
  8. Vehicles: an automotive hub in Brazil (24% of the Brazilian production)
  9. Food products: 14,700 companies and 151 500 employees
  10. 14.1% of electric power generation capacity in Brazil is generated in Minas Gerais
  11. Minas Gerais has the biggest energy company in South America: Cemig (Companhia Energética Minas Gerais)

Vale is the second largest mining company in the World and the biggest private company in Latin America. Headquartered in Brazil and operating in thirty-eight countries, Vale employs 126,000 people. Exports to Asia represented 52.8% of the 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 companies 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 millions of people in 805 municipalities in the States of Minas Gerais and Rio de Janeiro.

Minas Gerais VALE

Brazil CEMIG

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