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Latest Cities in Brazil Stories

2010-06-23 07:32:00

SAO PAULO, June 23 /PRNewswire-FirstCall/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP ("Company" or "SABESP") (BM&FBOVESPA: SBSP3), pursuant to CVM Instruction 358 of January 3, 2002, hereby informs the public that, on June 22nd, 2010, its Board of Directors authorized the Executive Board to execute a "Public Water Supply and Sewage Services Contract" between the Company, the State of Sao Paulo ("State") and the Municipality of Sao Paulo ("Municipality") to assure...

2010-01-28 17:45:00

SAO PAULO, Jan. 28 /PRNewswire-FirstCall/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (NYSE: SBS; BM&FBovespa: SBSP3), one of the largest providers of water and sewage services in the world based on the number of customers, announces that they have republished the 2008 balance sheet. The 2008 financial statements were republished in view of the current stage of discussions with the state government, which have already been fully disclosed in previous years,...

2009-12-22 15:10:00

CULIACAN, Mexico, Dec. 22 /PRNewswire-FirstCall/ -- Desarrolladora Homex, S.A.B. de C.V. (Homex or the Company) (NYSE: HXM, BMV: HOMEX) today announced the timely delivery of the first homes at its affordable entry-level project, Jardin das Paineiras, at Sao Jose dos Campos, Brazil. Jardin das Paineiras is a development that will ultimately comprise 1,300 units, and is the Company's first international pilot project. At ceremonies marking the event were representatives from the...

2009-08-12 09:03:00

SAO PAULO, Aug. 12 /PRNewswire-FirstCall/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (NYSE: SBS; Bovespa: SBSP3), one of the world's largest water and sewage service providers in terms of number of customers, announces that the Sao Paulo State Sanitation and Energy Regulatory Agency (ARSESP), approved the tariff readjustment index of 4.43% to be applied to water and sewage tariffs as of September 11, 2009. This readjustment will not be applied to the cities of...

2008-09-08 09:00:31

Brazil to privatize two airports to ease air traffic congestion RIO DE JANEIRO, Sept. 5 (Xinhua) -- Brazil's Defense Minister Nelson Jobim announced on Friday that Rio's two state-owned international airports, Tom Jobim and Campinas Viracopos, are to be privatized in a bid to ease air traffic congestion. "Both airports need renovations immediately to expand their traffic capacity to ease the air traffic congestion in Sao Paulo's Guarulhos and Congonhas airports, which are currently the...

2008-08-08 21:00:24

SAO PAULO, Brazil, Aug. 8 /PRNewswire-FirstCall/ -- Companhia de Saneamento Basico do Estado de Sao Paulo -- SABESP (Bovespa: SBSP3; NYSE: SBS), one of the largest water and sewage service providers in the world based on the number of customers, announces today its results for 2Q08. In 2Q08, net operating revenue totaled R$ 1.5 billion, a 4.5% increase compared to 2Q07. Costs and expenses stood at R$ 1,032.2 million, 10.4% higher than in 2Q07. EBITDA moved from R$ 671.3 million in 2Q07 to...