Radar > 244721

Cordeiro creates Paraguay-based subsidiary

Cordeiro crea filial en Paraguay

Intel ID : 244721
Synopsis

Cordeiro, a Sao Paulo, Brazil-based cable manufacturer, entered the Paraguayan market with the creation of its subsidiary Cordeiro Cables Eléctricos Paraguay, reported La Nación on 26 January 2017, citing Cordeiro Board Member Allan Aires de Melo Cordeiro.

Specifically, Cordeiro Cables Eléctricos Paraguay will seek to supply the national electricity agency (ANDE) for its power transmission and distribution needs in the process to improve its structures.

Initially, the company will be engaged in marketing and will later set up a production plant, potentially in the Alto Paraná region.
(content in spanish)

Cordeiro, fabricante de cables con sede en Sao Paulo, ha entrado en el mercado paraguayo con la creación de su filial Cordeiro Cables Eléctricos Paraguay, ha publicado La Nación el 26 de enero de 2017, citando al director de Cordeiro, Allan Aires de Melo Cordeiro.

En concreto, Cordeiro Cables Eléctricos Paraguay buscará abastecer a la Administración Nacional de Electricidad (ANDE) para la transmisión y distribución de energía en el proceso de mejoramiento de sus estructuras.

En un primer momento, la empresa se dedicará a la comercialización para luego instalar una planta de producción, posiblemente en la región de Alto Paraná.

Intel ID 244721
Value ND
Native Currency Brazilian Real (BRL)
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
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Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Industry / Other Consumer Goods
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
35.07.09 Lighting, Electrical Equipment & Supplies
35 Industrials / 35.07 Manufacturing

Secondary Sectors (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

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Related Entity

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

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prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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