Brasilinvest Group -

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

ian company, established in 1975 by Mário Garnero, Headquarters in

São Paulo São Paulo (, ; Portuguese for ' Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the Ga ...

. Over its 35 years of history, the Brasilinvest Group has consolidated the assembly of dozens of economic projects and entrepreneurial management, from the transference and nationalization of ITT-Standard Electric SA and

NEC is a Japanese multinational information technology and electronics corporation, headquartered in Minato, Tokyo. The company was known as the Nippon Electric Company, Limited, before rebranding in 1983 as NEC. It provides IT and network soluti ...

, in the 1980s, to the assessment, in the 1990s, of the new partnership structure of Cofap and Bombril. It also assisted the stock-option restructuring of Fiat, the creation of

Volkswagen Volkswagen (),English: , . abbreviated as VW (), is a German motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post-W ...

’s leasing unit, as well as

Varig VARIG (acronym for Viação Aérea RIo-Grandense, ''Rio Grandean Airways'') was the first airline founded in Brazil, in 1927. From 1965 until 1990, it was Brazil's leading airline, and virtually its only international one. In 2005, Varig went ...

and Volkswagen's rent-a-car units. In the agribusiness sector, it has assisted the process of industrial installation of Boehringer in Suape,

Pernambuco Pernambuco () is a States of Brazil, state of Brazil, located in the Northeast Region, Brazil, Northeast region of the country. With an estimated population of 9.6 million people as of 2020, making it List of Brazilian states by population, sev ...

, and taken part in enterprises such as Celupa (Paper and Cellulose Industrial Company Guaiba) and Mellita. In addition, the Brasilinvest Group has and important international profile, with partners in 16 countries and prominent representatives from all around the world who are part of the group's Board of Advisors. Brasilinvest has been a pioneer in discussing themes such as globalization and its effects on the Brazilian market, with the planning, along with the Forum of the Americas, of important conferences and events aiming to promote investment opportunities in Brazil, with particular distinction to the

Salzburg Salzburg (, ; literally "Salt-Castle"; bar, Soizbuag, label= Austro-Bavarian) is the fourth-largest city in Austria. In 2020, it had a population of 156,872. The town is on the site of the Roman settlement of ''Iuvavum''. Salzburg was founded ...

Conference in,

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

(1975), and events in the

Principality of Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria ...

(2000),

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...

(2003),

Rome , established_title = Founded , established_date = 753 BC , founder = King Romulus (legendary) , image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg , map_caption ...

(2004),

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

(2005), and in

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...

(2007-2008). It has led equally important business initiatives in the Asian market, with the increase in commercial and capital exchange through the establishment of the first Brazilian representation office in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

, China, back in 1981. Brasilinvest has also a strong history in

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

projects, being responsible for the development of over 3.7 million square meters of edifications in the State of

alone, as well as important real estate projects in the

United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...

and

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...

. The Brasilinvest Group currently ranks number 128 on the annual report of Brazil's largest corporations, published by Brazilian financial magazine Gazeta Mercantil.Balanço Anual 2008.Gazeta Mercantil Magazine. p 38. In 1985 the

Central Bank of Brazil The Central Bank of Brazil ( pt, Banco Central do Brasil) is Brazil's central bank. It was established on Thursday, 31 December 1964, a New Year's Eve. The bank is not linked to any ministry, currently being autonomous. Like other central banks ...

liquidated Brasilinvest. The irregularities found led the then Minister of Finance, Francisco Dornelles, to seek the preventive detention of Mário Garnero . The Communications Minister

Antônio Carlos Magalhães Antônio Carlos Peixoto de Magalhães (4 September 1927 – 20 July 2007), also known by his initials ACM, was a Brazilian politician. He served as Governor of Bahia three times and represented Bahia in the Senate of Brazil three times. Magalhãe ...

suspended the payment of a debt of equivalent US$30 million from a contract to supply equipment already delivered by NEC Brasil to

Telebrás Telebras is a Brazilian telecommunications company which was the state-owned monopoly telephone system. It was broken up in July 1998 into twelve separate companies, nicknamed the 'Baby Bras' companies, that were auctioned to private bidders. The ...

. The transfer of NEC Brasil 's shareholding control from entrepreneur Mário Garnero to publisher Roberto Marinho was consummated in October 1986.

References

External links

Brasilinvest Website

The Hour of the Nightmare: So You Want to Invest in Brazilian Real Estate?
* Beyond Citizen Kane Banks of Brazil Companies based in São Paulo Companies of Brazil Banks established in 1975 Financial services companies established in 1975