Flavio Maluf is the president of Eucatex company, a businessman, and an entrepreneur. Recently Eucatex began the process of a huge business deal with Duratex. This business deal will increase the financial value of the Brazilian company.
Eucatex will provide one of their farms which is situated in Capao Bonito to Duratex. In return, they will get a wood production line made of thin sheets in Botucatu from Duratex. The farm that Eucatex provided will give Duratex the vital raw materials that they need. It is expected to produce approximately 200,000 m3 every year. The productivity of Eucatex will automatically increase in the following capacities; paper printing will increase by 40%, production of fiberboard will increase by 70%, and the paint ability will increase by 30%. Follow Flavio Maluf on Twitter.
In addition to this, Eucatex will increase their business horizons generally. The company will strengthen its business ties in markets abroad and locally in Brazil. It will also ensure that their maintenance and sales services are better. Moreover, it will reduce the company’s losses that are accrued from the processing. Subsequently, Eucatex will create more job opportunities both directly and indirectly. The company will get the chance of coming up with more products, thereby opening up more markets both locally and abroad. However, the transaction will still have to wait for the approval of Cade which is the regulatory approval body.
After Cade’s approval then Eucatex and Duratex will begin co-coordinating from the interior of the companies. Mr. Flavio Maluf counted on the co-operation of both the companies to ensure that the transaction becomes a complete success.
Flavio Maluf Advice To New Entrepreneurs:
Flavio Maluf is a successful Brazilian businessman who holds the opinion that starting a business doesn’t necessarily require huge amounts of cash. The businessman says that the modern businessman just needs careful financial planning to ensure that he/she runs a successful businessman. Moreover, Mr. Maluf reveals that currently there are numerous entrepreneurs looking for profitable businesses to invest in.
Therefore as a new entrepreneur, you only need an excellent idea and people who will act on it. However, Flavio Maluf also thinks that opening up a business in Brazil can be a tedious and taxing exercise. He wishes that the government would ease some of the rules and regulations that they place on new entrepreneurs. Read more: https://www.bloomberg.com/research/stocks/people/person.asp?personId=44205717&privcapId=877352