The Fluminense Shipbuilding Industry and the Splendid Retreat That Began in 2014, Now Employing Only 3,000 Workers
The case of the Fluminense shipbuilding industry draws attention to the Brazilian industrial retreat and its consequences. At the end of 2014, the sector employed 30,000 workers in the State. Currently, there are around 3,000.
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The 27,000 lost jobs have disappeared with shipyards closed or nearly shut down, according to Sergio Bacci, vice president of Sinaval, the entity that represents the shipbuilding industry. The units in operation are without projects, dedicated to mooring vessels or performing small repairs and maintenance.
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The prospector who heard about the advance of soy in Maranhão and opened a grocery store in Balsas in 1986 transformed that small store into Grupo Mateus, the third largest supermarket in Brazil, with revenues of R$ 43.5 billion and 490 units.
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Fiserv, the world’s largest payment processor, has just inaugurated its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.
At the end of 2015, Estaleiro Ilha S.A. (Eisa) laid off 3,000 employees, closed, and filed for bankruptcy protection. According to Rogério de Carvalho da Silva Sobrinho, now 39, he had worked at the Eisa shipyard since 2008. He was laid off along with most of his colleagues in December of that year. On a Friday morning, the “grapevine” announced the layoffs. The following Monday, alarmed, “the day shift workers stopped working and went to confront management,” Carvalho recounted. The “confrontation” resulted in the confirmation of the layoffs.
In 2014, Eisa began to experience financial problems. There were delays in salaries, but a loan of US$ 120 million in August of that year provided some temporary relief. With ups and downs, the agony continued through 2015, when the economy was already sinking into recession. It was then that the shipyard added to the statistics of closed industries in Brazil.
In crises like the one affecting the Brazilian industry, there are many versions for the closure of factories. There are companies that, unable to keep one or all of their plants nearly idle, choose to close them for good. There are cases of definitive bankruptcy, with productive capacity and jobs destroyed. There are also discussions about strategy revisions.
Source: Estadão

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