Merry Christmas!

By admin

Dear Mercocon friends, colleagues and clients,  2019 is almost coming to an end and Christmas is already knocking on our doors. As always, the last part of the ongoing year is busy. Monthly and yearly closures are the main activities where we support our clients. Together with the always ongoing activities, we do our best…

Go Live Freudenberg

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After thorough preparation, we had a successful go live at Freudenberg. The data is migrated and the first postings are carried out in the system!

Huawei to invest US$800m in new Brazil factory amid 5G push

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Despite US objections. Huawei Technologies plans to build a US$800 million plant in Brazil’s Sao Paulo state over the next three years as the Chinese telecom giant ramps up its presence in Latin America despite US objections. In a press conference in China on Friday, Sao Paulo Governor João Doria, accompanied by Huawei executives, said…

EU and Mercosur reach agreement on trade

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The European Union and Mercosur reached today a political agreement for an ambitious, balanced and comprehensive trade agreement. The new trade framework – part of a wider Association Agreement between the two regions – will consolidate a strategic political and economic partnership and create significant opportunities for sustainable growth on both sides, while respecting the…

Brazil green lights tax exemption on electric, hybrid vehicles

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Companies and professional drivers in Brazil are now exempt from IOF tax when financing the purchase of electric and hybrid vehicles in the country, regardless of horsepower. This is according to new legislation signed by President Jair Bolsonaro last week and published on Friday (June 21). It compliments a law already giving the IOF tax…