Flavio Maluf Discusses Implications of Brexit on Brazilian Economy

Flavio Maluf, the well respected president and Chief Executive Officer of Eucatex, recently participated in an interview with a business magazine to discuss the implications of the British exit from the European Union, otherwise known as Brexit. The business owner gave a detailed analysis about the effect of Brexit on the Brazilian economy. Specifically, Flavio Maluf discussed the implications of Brexit on his on company and the steps that he and his colleagues would be taking to combat any negative effects of Brexit on their company. During the interview, Flavio Maluf discussed his own personal history and his entrance into the business field.

Flavio Maluf began his career in business after he completed his formal education at a prominent University in Brazil. The young college graduate knew that he was interested in business management and operations before he completed his studies, but Maluf still worked in a series of non-management related positions before gaining a position at Eucatex in the late 1980s. After obtaining an entry level position at Eucatex, Maluf faithfully served the small company for many years before finally becoming the president and CEO of the company. After becoming the President of Eucatex, Maluf began a systematic process to grow the company at a swift pace. After more than a decade of operating as the president of the company, Maluf succeeded in growing the company at a substantial rate.

During his interview with the business magazine, Maluf stated that he believed that the implications of Brexit would negatively impact the Brazilian economy. Maluf, unfortunately, is not alone is his projections about the British exit from the European Union. Most financial strategists have predicted negative implications after the exit and had a point prove earlier in the year when the Brexit decision was announced and the stocks for the European Union dropped significantly. Flavio Maluf stated that this economic crisis would undoubtedly effect the Brazilian economy, but reassured stock holders by stating that his team had a plan in effect to negate the consequences of Brexit on Eucatex. Maluf stated that he was confident in his ability to sustain profitable margins for the company.