After 20 Years of Hardship Brazil Naval Industry Ready for Big Leagues Again
Brazil's naval industry, which boasted the second place worldwide in the 1970s, lived two decades of hard times. Revitalized over the last ten years, the sector sees the future with confidence and believes it may become one of the main players in the international market again.
Just to give an idea of the recent evolution of the activity, in 2000 it employed less than 2,000 people, but last year the number of employees exceeded 46,000, according to figures supplied by the National Union of the Naval and Offshore Construction and Repair Industry (Sinaval).
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