The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 52 million (approx. USD 28 million) loan to Vard Niteroi SA granted on 9 November 2011 by the...
On 9 November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 52 million (approx. USD 28 million) loan to Vard Niteroi SA. The loan was issued u...