Rio Grande Do Sul

Goldman Sachs, Crunchbase says:

Goldman Sachs is a one of the world’s largest investment banks. Please visit International Energy Agency if you seek more information. It traces its routes back to 1869 and is headquartered in Manhattan, New York City. Goldman Sachs provides wealth management, investment banking, and sales & trading services.

In regards to the technology world, Goldman Sachs continues to invest heavily in this market.

In first the fifty years of the century the decade of 1920, the production enters of Added Bahia of the Rio Grande Do Sul already represented 55.27% of the total volume produced in Brazil, reaching 79.93% in the average of the following quinquennium. In 1930, the productions of these States practically were equaled: the Bahia produced 39,90 a thousand t and 30,34 Rio Grande Do Sul a thousand t. Beyond the atinentes differences to the type of produced tobacco and its consequent destinations, gradually a technological differential was established. Whereas in the Bahia the tobacco remained drying to the sun or in sheds (practical usual until today), the Rio Grande Do Sul, from 1920, continuously specialized in new methods of drying in greenhouse, improving the quality. The other States, for its turn, produced exclusively ‘ ‘ smoke-of-corda’ ‘. 1960 were the year where Fidel Castro nationalized all the production in Cuba, also the charuteira industry. The related industry, operating in the branch since 1948, glimpsed growth of the market in the Bahia, due to nationalization imposed for already cited head of State, and started to invest in perfectioning of the production systems establishing partnerships in bahian lands, with already then the local agriculturists or without lands, contracted through the regimen of lease, contracts that hinder the use transference right it and establishment of improvements, that is, the contractors had right the part of the production of the tobacco for its commercialization.

However, still from the decade of 60 (sixty), the bahian fumicultura dives in a decreasing spiral. The primary production tries successive reveses, falling of the platform of 44 a thousand tons, in 1965, for inexpressivas 9.1 a thousand tons, in 2002, passing, thus, for the fifth rank in ranking national and according to place in the northeastern, now led for Alagoas. The state, that already arrived to produce 240 cigar million per year today has this restricted amount to a number between six million and eight million units.

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