Sale of Machinery and Equipment Generates R$ 12.5 Billion in January, According to Abimaq

Written by Roberta Souza

Published on 26/02/2021 at 08:55

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Abimaq Shows That Sales of Machinery and Equipment Had the Best Performance Since January 2015, When Sector Revenue Was R$ 13.2 Billion

The Brazilian Association of Machinery and Equipment Industry – Abimaq, announced that in January, the total revenue of the Brazilian machinery and equipment industry was R$ 12.5 billion, an increase of 38.5% compared to the same month in 2020. According to the association, this was the best performance since January 2015, when sector revenue was R$ 13.2 billion.

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The CEO of Abimaq, José Velloso, stated that “After a long time, around seven years without investing, companies need to renew the industrial park. Otherwise, the park becomes obsolete and productivity falls. Much of the sales of machinery for the industry comes from the renewal of an obsolete industrial park,” while explaining why machinery sales continue to increase without raising the investment rate.

Sales and Exports:

Of the total R$ 12.5 billion, R$ 9.6 billion came from sales to the Brazilian internal market, which is 50.8% higher than in January 2020.

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Sale of Machinery and Equipment Generates R$ 12.5 Billion in January, According to Abimaq

Abimaq Shows That Sales of Machinery and Equipment Had the Best Performance Since January 2015, When Sector Revenue Was R$ 13.2 Billion

See Other News of the Day:

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Sale of Machinery and Equipment Generates R$ 12.5 Billion in January, According to Abimaq

Abimaq Shows That Sales of Machinery and Equipment Had the Best Performance Since January 2015, When Sector Revenue Was R$ 13.2 Billion

See Other News of the Day:

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

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