Announcement
29 Nov 2012
In November 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Hyundai Construction Equipment Brasil, Industria e Comercio de Equipamentos de Construcao SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
29 Nov 2012
Revocation date:
No revocation date
State loan
In force
On 29 November 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 24 million (approx. USD 11 million) loan to Hyundai Construction Equipment Brasil, Indus...
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Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 24 million (approx. USD 11 million) loan to Hyundai Construction Equipment Brasil, Industria e Comercio de ...
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