The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 20 million (approx. USD 10 million) loan to Votorantim Cimentos SA granted on 24 June 2009 by the National ...
On 24 June 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 20 million (approx. USD 10 million) loan to Votorantim Cimentos SA. The loan was issued unde...