News

Artecola invests heavily in R&D

17/04/2009

The Artecola Group, based in Campo Bom, Brazil, is to invest approximately R$10 million (US$4.6 million) in research and development (R&D). This investment is five times the average percentage normally devoted to R&D by Brazilian companies, according to the Technological Innovation Industry Research (Pintec), a body of the Brazilian Institute of Geography and Statistics (IBGE).

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