The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 20 million (approx. USD 12 million) loan to Pirelli Pneus Ltda granted on 31 March 2011 by the National Ban...
On 31 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 20 million (approx. USD 12 million) loan to Pirelli Pneus Ltda. The loan was issued under t...