Flavio Maluf has created a repute for airing out his opinions regarding crucial issues in the economy. Recently, he made several comments about the hurdles facing the management of the Brazilian industry as well as the gradual changes taking place. This is after the Industry Thermometer, a tool used by the National Confederation of Industry, showed five positive indicators out of nine pertaining to the growth of the Brazilian economy.
Flavio drew facts from information provided by the Charter of Conjuntura of the Institute of Applied Research. As such, he cited a substantial decline in the recessive cycle that has been affecting the Brazilian economy since the second quarter of 2014.
He attributed the improvement to the modest process of import substitution, good production performance in the first seven months of 2016, as well as the progress in the adjustment of inventories. He also cited indications for greater economic recovery, especially with improved confidence levels. The Industrial Entrepreneur Confidence Index displayed 51.5 points in August, which is a positive indication considering that the 50-point mark acts as the boundary between optimism and pessimism.
Flavio Maluf and Eucatex Group
Over the years, Flavio Maluf’s name has garnered tremendous popularity for his outspoken views and ideas. Currently, he runs Eucatex Group, the family business, as the president. After joining Eucatex Group in 1987, he did not just assume an executive position by virtue of being part of being part of the Maluf Family. He worked for about a decade in the trade area before shifting to the industrial area in 1906. This gave served as an excellent opportunity fort Maluf to learn about the operations of the company before assuming a higher role. Later after being invited to join the frame executives, Maluf was endorsed as Eucatex’s president.
Eucatex Group is a globally recognized and Brazilian-based company. The company was established in 1951 as a manufacturer and marketer of insulation and liners made from eucalyptus. Currently, the company boasts of two business divisions including the furniture and construction industries. Its furniture section acts as the largest manufacturer of MDP, wood fiber plates and Tamburato, which are produced through advanced technology. On the other hand, the construction side produces laminate floors, modular partitions as well as paints.