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Research line · 2026
The Success of European Union Companies in Brazil
A census — not a sample — of 25,159 Brazilian companies that ever registered at least one EU-resident shareholder, drawn from the public CNPJ registry of the Brazilian Federal Revenue. 11,583 remain active: a 46% success rate, measured by country, sector, state and investor type. All studies can be read online below.
The main study — English edition
38 slides: methodology, the 27-country ranking, historical opening and closure series, segment × country matrices and state-level analyses. Navigate with the arrow keys or by tapping the edges.
Country studies — each in its own language
The five largest EU investors after Italy, each with a dedicated study in the country’s native language. Click to read online.
The 2023 and 2024 editions, dedicated to Italian companies, are available on request.
Interactive Brazil–EU Atlas
Explore the census on the map: companies by Brazilian state, country of origin, sector and investor type — with success rates for every cut.
Methodological note
Source: the public CNPJ registry of the Brazilian Federal Revenue (December 2025 extraction), audited CNPJ by CNPJ against the 2024 base. Success rate = active companies ÷ census total. Investor type is defined by the first shareholder of each country registered; companies with shareholders from several EU countries are counted in each country. Retroactive deregistrations by the Federal Revenue (batch inaptness/cancellation) distort annual series, not the cumulative count. Company-level data is available on request — every published figure can be independently verified.