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Competition at home | Esplanade Column


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Published 05/06/2024 12:00

The Chinese-Indonesian Paper Excellence appears willing to do anything to prevent the expansion of Eldorado Brasil Celulose. Even voting for its arch-rival J&F Investimentos to put more than R$1 billion in its pocket. The curious case occurred at the Eldorado shareholder meeting, held last Tuesday (30). Paper and J&F are disputing 100% of Eldorado in court, but, for now, the foreign company has 49.5% of the shares and the Brazilian company 50.5%. In the six years of litigation, both always voted for Eldorado not to distribute dividends to shareholders, reserving the profit for future investments. But it was enough for J&F to signal that it would support the immediate start of Eldorado’s expansion project, two weeks ago, for Paper to change its mind and defend that the pulp company’s R$2.3 billion in profits in 2023 be distributed to shareholders – more than R$1 billion for each.

In the running
Representative Antônio Brito (BA) announced that he remains a pre-candidate for president of the Chamber. He says that he has the full support of the PSD bench, his party, and the non-partisan front, including the sympathy of a large part of evangelicals – who can also support Marcos Pereira (Republicanos-SP).

Barros Clan
Sílvio Barros, brother of deputy Ricardo Barros – former Minister of Health and former leader of Lula da Silva, Dilma Rousseff and Jair Bolsonaro – emerges as a potential candidate for Mayor of Maringá, the third largest city in Paraná already governed by his brother in two mandates. Sílvio has 50% of voting intentions, according to Paraná Pesquisas.

Pacheco Route
The appointment of Senator Rodrigo Pacheco (PSD) to a strong ministry is planned at the Palace – there is talk of Industry & Commerce – as soon as he leaves the presidency of the Senate.

They forgot me
Look at the political cost of being in opposition: Governor Romeu Zema’s (Novo-MG) staff was notified at the last minute of President Lula da Silva’s visit to Nova Lima, to inaugurate an insulin factory.

Electoral spillway
General Luna e Silva, former director of the Itaipu Plant in the Bolsonaro government, joined the PL and will be a candidate for mayor of Foz do Iguaçu. He will compete with a candidate supported (discreetly, of course) by the current PT management of the binational.

ESPLANADE
# Justiça & Cidadania Magazine initiative: ‘The Regulation of Insurance Activity and the Illegal Market for Vehicle Protection’, on May 17th, at CCJF, in RJ. # GetNinjas: online consultancy for pre-university exams grew 260%. # Partying without harassment: bill aims to promote environments that guarantee safety and respect for women. # Airbnb reveals the first 11 Iconics on the platform, special May edition – Iconics make worlds that only existed in your imagination come true. # UnB and Chamber of Deputies open registrations for Politeia 2024. # Brainfarma and Senai launch professional qualification program.

Leandro Mazzini

With Walmor Parente, Carol Purificação, Isabele Mendes and Luiza Melo

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