52 Week Range
As of on the Bolsa de Valores do Estado de Sao Paulo ∙ Minimum 15 minute delay
3M AVG Volume
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Brazil's Weg Expects To Deliver A Healthy Return On Invested Capital In 2020, Says Executive
Brazil's Weg Reports Q2 Net Income Of 514.375 Million Reais
Brazil's Weg reports Q4 profit of 500.5 mln reais (consensus estimate 410.4 mln reais)
WEG SA is a Brazil-based holding company principally engaged in the manufacturing of electrical equipment and components. The Company is active, along with its subsidiaries, in the manufacture and marketing of goods, such as electric motors, generators and transformers; reducers, geared reducers, frequency inverters, starter motors and maneuver devices; control and protection of electric circuits and industrial automation; electric traction solutions (land and sea); solutions for the generation of renewable and distributed energy, exploring all opportunities in small hydroelectric plants and thermal biomass, wind and solar energy sources; no-breaks and alternators for groups of generators; electric substations; industrial electrical and electronic equipment systems, and industrial paint & varnish. It is active in Brazil, Argentina, Mexico, the United States, Portugal, Austria, South Africa, India, and China. It operates through Bluffton Motor Works LLC.
Electronic Instr. & Controls
Decio da Silva
Chairman of the Board
Chief Executive Officer, Executive Vice President, Member of the Executive Board
Independent Vice Chairman of the Board
Paulo Geraldo Polezi
Chief Financial and Investor Relations Officer
Hilton Jose da Veiga Faria
Chief Human Resource Officer and Institutional Relations Officer, Member of the Executive Board
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Brazilian motor maker WEG has reached a deal to acquire a 51% stake in the artificial intelligence startup Mvisia, the company said in a statement on Tuesday.
In a bleak year that has seen Brazil's Bovespa <.BVSP> slump to the worst performance of any major world stock market amid a coronavirus-linked retreat from risk, electric motor maker Weg SA <WEGE3.SA> has been the index's improbable champion.
Brazilian electric engineering company WEG SA said on Wednesday it had signed an agreement with Brazil's planemaker Embraer SA to develop new technology for electrical propulsion systems for aircraft.
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