Envien expands in Brazil
- Vladimír Dohnal
- Apr 16
- 1 min read
Biofuel firm Envien (Ján Sabol, Robert Spišák, Ján Ondruš and Mikuláš Trstenský) acquired a 50% stake in Agropéu Agro Industrial de Pompéu, a Brazilian company with 20,000 ha of sugar cane plantations that produces bioethanol, sugar and electricity. Envien has been working to enter Brazil since 2016. It has now paid €50m for the 50% stake and plans to invest tens to hundreds of millions more there, according to E sources. The Brazilian firm may also start growing corn, from which Envien produces biofuels in Slovakia.
The group around Ján Sabol has extensive operations outside Europe, e.g. in India it produces wagons and biofuels. It argues that EU industry is hampered by environmental rules and expensive energy.
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