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Article: Brazil: Pension funds try to save Brasil Ferrovias.
- Article from:
- South American Business Information
- Article date:
- October 28, 2004
CopyrightCOPYRIGHT 2004 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Oct 27, 2004 (Gazeta Mercantil/SABI via COMTEX)
The Brazilian pension funds Previ (Banco do Brasil) and Funcef (Caixa Economica Federal) are signing a letter of intents with the national development bank BNDES (Banco Nacional de Desenvolvimento Economico e Social) for the disbursement of R$600mil resources to the Brazilian railroad concessionaire Brasil Ferrovias. The saving program towards the company, which owns a debt of R$1.6bil, includes the ...
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Article: Brasil Ferrovias acquires locomotives and wagons ...
South American Business Information;
June 4, 2004 ;
351 words
... ... and locomotives will expand the fleet of the Brazilian Brasil Ferrovias - group which is controlled by Ferronorte, Ferroban ... of US$100mil - to be funded by a Chinese institution. Brasil Ferrovias had already announced the expansion of locomotives fleet ...
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