Thursday, October 26, 2017

Paranapanema brand meetings to broaden participation in foreign markets

After giving a step in your process of restructuring, the manufacturer of copper Paranapanema search new markets for export. This week, for example, already has scheduled a series of meetings in London with potential customers. On the radar, are regions like the Middle East, Asia, places where there are high rates of growth of infrastructure, and Mexico. The understanding is that the Paranapanema can''t stay depending on the local market, which still shows signs of weakness.
Around here
While working on this front, the Paranapanema also seeks a base in Sao Paulo. With the administrative headquarters in Santo André, greater ABC, the goal is to have an Office in the Faria Lima, to gain time on board and Council meetings.
For now
Waiting for the lines with commercial banks to be redone, the Paranapanema will place that still has real estate for sale, with the aim to bring liquidity to the stock of the company. It is estimated that these have real estate worth about R $500 million. At the time, the company can breathe relieved, after completion of the capitalization that injected new features in the box.
Estadão – 25/10/2017 News Item translated automatically
Click HERE to see original
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