The Brazilian Economy Records a Significant Growth

Economic downturns have affected the stability of Brazilian economy – the financial sector being the most affected. If the observations made by Eucatex Group’s president, Flavio Maluf, are anything to go by, Brazilian nationalists and investors can afford a sigh of relief. Flavio stated that the economy is gradually regaining its stability. Although the economy might have gone through a tough period, investors will soon have a genuine reason to invest on Odiario.com. In July 2016, the Brazilian economy had registered an increased growth of nearly 2.1 points compared to the former ratings.

According to the industrial confidence index, the 2.1 increase is the greatest since July 2014, and signs of further growth are evident. Flavio Maluf, who has unsurpassed experience in the manufacturing sector, believes that growth rate will still go up. Since the performance of various Brazilian sectors has been on upward trend, Flavio expects the economy to register a tremendous growth towards the end of 2017.

Details of the July’s industrial index

The Brazilian Institute of Economics was responsible for computing the industrial confidence index and published the results in July 2016. The institution on segs.com interviewed approximately 1,120 executives. Analysis of information obtained from these business professionals gave numeric results, proving that there was an increased growth of the economy. Most of the entrepreneurs considered the thriving stock exchange business as an indicator of economy growth.

Flavio Maluf

Flavio Maluf is an accomplished academician, holding a degree in mechanical engineering from Sao Paulo-located FAAP and advanced training in business from the University of New York. He obtained his first job at Eucatex Group in 1987 in the trading division. Flavio Maluf held numerous positions across different sections of the company prior to rising to the position of executive president. Today, he drives the growth of Eucatex through innovation and launch of eco-friendly products.

Eucatex Group

Eucatex Group was the first company in Brazil to take advantage of eco-friendly products (eucalyptus) in the production of panels and sheets. The manufacturing giant at https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/108970/conheca-com-flavio-maluf-algumas-dicas-para-administrar-uma-empresa-familiar opened its doors in 1951 and instituted its first production plant in Salto, Sao Paulo back in 1954. Today, Eucatex Group addresses the needs of civil construction companies and furniture manufacturers in Brazil.

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