Petrobras' Energy Sector Outlook

CORPORATION Main obstacles when doing business in Brazil © Wärtsilä Bureaucracy and complex tax legislation. Lack of skilled manpower, specially in the shipbuilding & offshore market Expensive real estate in the main cities. Lack and/or expensive financing solutions. Local content rules potentially affecting competitive landscape Lack of some infrastructure might impact the logistics. Security constrains in some areas WÄRTSILÄ

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