Doing Business in Minas Gerais
EENI - Business School.
Sub-subject: International Trade and Business in Minas Gerais (Brazil) - Belo Horizonte. Syllabus:
- Introduction to the State of Minas Gerais (Brazil).
- Doing Business in Belo Horizonte.
- The Economy of Minas Gerais.
- International Trade of Minas Gerais.
- Business Opportunities in Minas Gerais.
- Case Study:
Sample of the Sub-subject: Doing Business in Minas Gerais:
Sub-Subject Description: foreign trade and business in Minas Gerais.
Minas Gerais is the second most industrialised state in Brazil.
- It is the second biggest car maker in Brazil (24.4% of the production
- Produces 44% of the mineral production in Brazil and 35% of the Brazilian
- It is the fourth biggest manufacturer of footwear in Brazil.
- It is the leader in the Brazilian ranking of coffee production.
- Has the longest network of roads in Brazil.
- 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.
- Belo Horizonte is the third biggest metropolitan area in Brazil.
- The service sector stands for 85% of the Gross domestic product 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
- The main export destination markets
the People's Republic of China, Germany, the United States, Argentina, Japan, Holland, Italy, Korea, Belgium, and the United Kingdom
Major industry sectors in Minas Gerais:
- Metallurgy: 37% of steel production in Brazil.
- Iron: the biggest manufacturer and exporter (42.4%).
- Foundry: 27.5% of Brazilian production (40% of this is exported)
- Cement: Major Brazilian manufacturer (28% of Brazil)
- Machinery and equipment: 15% of the gross domestic production
- Agro-Industry: the first coffee manufacturer in Brazil, second of bean and second of sugar.
- Mineral extraction: 44% of the production in Brazil.
- Vehicles: an automotive hub in Brazil (24% of Brazilian production).
- Food products: 14,700 companies and 151 500 employees.
- 14.1% of electric power generation capacity in Brazil is in Minas Gerais.
- 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 responsible for supplying 33 millions of people in 805 municipalities in the States of Minas Gerais and Rio de Janeiro.