MG Is Being a Stage for Various Investments. Among Them Are Three New Supermarkets That Promise to Generate 700 Jobs for the Municipality of Timóteo
The municipality of Timóteo-MG will receive the installation of three new investments in supermarket stores in the coming months. Two of them are already under construction and may be operational by the end of this year, generating various jobs and income for the mining municipality.
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Investments from Duvale and Coelho Diniz in MG
In total, the investments estimate the generation of 700 direct job openings and will help the municipality of MG recover economically during this post-pandemic period. According to the Secretary of Economic Development and Tourism of Timóteo, Hiler Félix, there will be stores from the Duvale Supermarkets chain, one in the Santa Rita neighborhood, on the way to Belo Horizonte, and another in the Olaria neighborhood. Both are under advanced construction.
According to Félix, in the Santa Rita neighborhood, the supermarket that will also be a wholesaler is expected to open in two months and aims to generate 150 direct job openings, while the Olaria store is expected to open by the end of the year, generating 200 to 250 direct job openings.
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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 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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The third investment is a store from Coelho Diniz in the North Center, in an old area of the Bocas Brancas Samba School, which is expected to have its construction completed in at least 9 months. The land is currently being leveled, and when the company’s new supermarket opens, up to 300 direct job openings could be generated, according to Hiler Félix. The secretary also stated that the department and the government have been fully supporting the investors and estimate that these initiatives will boost the municipality’s economy in MG through job creation and income, especially after the pandemic.
Business Center in the Municipality of MG
The secretary also highlighted the project to install a Business Center in the Macuco neighborhood, on a site covering about 50 hectares, purchased in previous administrations, which could become an attraction for new investments. According to Félix, the area will be aimed at companies promoting greater sustainability, considering that it is a buffer region for the Rio Doce State Park, and could serve for the establishment of logistics distribution centers or other sectors that do not have environmental impact.
Another project to encourage new investments in the municipality is the publication of a bid for the construction of a ring road to connect MG-760, in the Cava Grande district, to BR-381, passing through the neighborhoods of Macuco, Licuri, Alphaville, and Timóteo, improving the flow of the industrial district in the Limoeiro neighborhood.
Job Openings in Timóteo
Last week, a selection process was opened with more than 15 positions for the municipalities of Timóteo, Ipatinga, and Coronel Fabriciano in the following roles:
- Maintenance Assistant
- Financial Assistant
- Laboratory Technician
- Library Assistant
- Partner Success Consultant and Content Editor in the areas of Administration
- Agriculture and Veterinary
- Biology
- Accounting
- Law
- Education
- Nursing
- Pharmacy
- Marketing
- Nutrition
- Psychology
- Social Work
To apply, interested candidates should register on the website CLICKING HERE

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