Itaipava, the popular Brazilian beer brand, is making waves in the booming ready-to-drink cocktail market. This move marks a significant shift for the Petrópolis Group, which has been a beer-only company for three decades. The decision comes as the canned cocktail industry experiences rapid growth worldwide. The ready-to-drink market has evolved from budget-friendly options for […]
Related Posts
Economic Trends and Challenges in Cape Verde in Early 2024
In the early months of 2024, witnessed a downturn in its Economic Climate Indicator, signaling a shift in business sentiment. The National Institute of Statistics (INE) reported a decline from the upbeat trends of late 2023. However, the current figures still surpass the recent year averages, suggesting a lingering optimism not seen at the start […]
Rising electricity costs in Pará state: challenges and inequalities in Brazil
Residents of the Pará state now experience the highest residential electricity costs in Brazil. Following an 11% rise from the local provider, Equatorial PA, the energy cost increased to R$ 0.96 per kWh, excluding certain fees. Nationally, the average stands at R$ 0.72 per kWh. Equatorial PA, which took over the former Celpa in 2012, […]
Infracommerce Restructures R$641M Debt and Appoints New CEO
Infracommerce, a leading e-commerce solutions provider, has taken significant steps to secure its financial future. The company recently signed a binding agreement with major creditors to restructure R$641 million ($116 million) in debt. This deal covers 85% of Infracommerce’s total debt burden. The restructuring agreement involves four key financial institutions: Itaú Unibanco, Santander Brasil, Banco […]