Brazilian footwear giant BEIRA RIO would produce in Argentina

This was announced by the Ministry of Production, after a virtual meeting held in mid-March 2021, Argentine authorities and directors of the Brazilian company.

The Minister of Productive Development, Matías Kulfas, the Argentine ambassador to Brazil, Daniel Scioli, and the Secretary of Industry, Ariel Schale, with the president of BEIRA RIO, Roberto Argenta, the commercial and marketing director, Maribel Silva and the industrial director Joao Henrich, participated in the meeting.

On the occasion, the company stated its intention to install a new factory in the north of the country with the capacity to produce 3 million pairs per year, with which it plans to supply the local market and generate an exportable balance to the region.

At the meeting, the formation of the work teams was agreed to advance together with the investment process and location of the new footwear plant in Argentina.

“It is great news that for the first time in history this company has made the decision to invest outside of Brazil and has chosen Argentina to expand its footwear production. This means more investment, more production, less imports and more employment in the country”, said Minister Kulfas.

For his part, Ariel Schale, Argentine Secretary of Industry said that “BEIRA RIO's decision to advance with a productive investment in Argentina is very important for the development of the footwear sector. It is one of the most important footwear production platforms on the continent. In this way we substitute imports with national production and Argentine work”, Schale highlighted.

Calzados BEIRA RIO SA is a leading company in the footwear segment and one of the largest Brazilian manufacturers, with a production close to 115 million pairs in 2020 and a staff of 9 thousand employees. The company has 11 industrial units located in Rio Grande do Sul, its products maintain a global presence in more than 85 countries, and participate in the largest international fashion fairs and exhibitions.

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