There are many Italian companies in Brazil. In recent years, despite the economic crisis, many Italian investors have shown that Italian companies (put the link of the article 6) believe in Brazilian territory.
In 2018, according to a study published by the Brazilian Ministry of Economy, Italy became the main foreign investor in the country along with the UnitedStates, China, Japan and France.
Italian companies in Brazil have started to lead the market in a number of strategic sectors, such as energy, telecommunications, steel, highway and automotive production.
If you are also thinking of investing in Brazil, read on to find out all the successful case histories of Italian companies.
First of all, Enel, The most important Italian electricity company, has become the largest energy distributor in Brazil, playing a leading role in the promotion and development of renewable energy sources. Today, Enel conquers Brazil thanks to the acquisition of Eletropaulo (2018) and it has 122 companies distributed throughout the territory, serving more than 17 million customers.
Another successful case in Brazil is Fiat Chrysler Automobiles (FCAGroup). Present in Brazil since 1976, is the seventh car manufacturer in the world and the leader in sales in the Brazilian market of light commercial vehicles. The FCA has won the hearts of millions of inhabitants with automotive models that have made Brazil’s history.
To date, the main activities of the FCA Group are the production and sale of cars and trucks (Fiat Automobiles and Iveco), the development and production of engines and transmission systems (FPT – Powertrain Technologies), production of iron and aluminium components for the national and international automotive industry (Teksid do Brasil), production of agricultural machinery (CNH), production and sale of automotive components (Magneti Marelli), provision of equipment for industrial automation (Comau), staff counselling and training services (Isvor) and business and administrative advice (Fiat Services).
The Fiat Group also operates in the financial sector, through Fiat Finanças, Banco Fidis, CNH Capital and Fides Corretagem de Seguros. It’s present at education and culture, through the Turin Foundation and the Fiat House of Culture.
In 2019, the company ranked third among the best-selling brands in Brazil with 366,135 vehicles sold.
There are also three recent interesting cases of Italian SMEs, our customers, who have decided to invest in Brazil and are very successful. In detail:
- Lynx, which has been present in Brazil since 2016, is an IT consulting company with a turnover of about 30 million euros. The consolidated experience in technology and business, combined with the use of proven management methodologies, serves as a strategic partner for the realization of innovative projects with specific solutions and know-how.
- Temsi has been present in Brazil since 2014 is a consulting company that realizes customized solutions and offers support and route management services of many companies. It already has a turnover of several million Reais and an admirable client portfolio, in Italy it has already achieved a success story with Esselunga Italia rationalizing a large part of the operating costs.
- Olimpia Splendid is a portable air conditioner production and marketing company that has conquered the Latin American giant’s middle class. It has a turnover of 80 million euros in Italy. Founded in 1956 and present in Brazil since 2017, Olimpia Splendid is a world leader in air conditioning, heating and air treatment systems, thanks to unique and innovative products.
If you also want to be part of one of the successful cases of Italian companies in Brazil, contact GM Venture: your reliable partner to make your investment a triumph.