Brazilian Entrepreneur Guilherme Paulus Shares The Details Of His Travel, Hospitality, And Construction Companies

CVC is a tour operator that was established in 1972 by Guilherme Paulus. When he started out he was the only person working for this company. Today it operates in 465 Brazilian cities. While he still has partial ownership of this privately held company he sold his majority share in it to the Carlyle Group about ten years ago. It is now named CVC Corporation and it is the largest tour operator in South America, largely due to his efforts.

Guilherme Paulus also established a hospitality and construction business in the 1990s. The parent company he formed is called GJP Group and its two subsidiaries are GJP Hotels & Resorts and GJP Construction Inc. The hospitality company has 14 hotels and resorts in Brazil including in cities such as Rio de Janeiro, Gramado, Foz do Iguacu, and Paragominas. This business employees over 1,300 people and is made up of three brands. These are Wish (5-star hotels), Prodigy (4-star hotels), and Linx (3-star hotels). Find out more about Paulus at Exame.

As for the future of CVC, Guilherme Paulus says that he and Carlyle Group are hard at work expanding its operations. They are planning to 500 new storefronts and are also experimenting with other ways of getting customers, such as placing kiosks inside of malls. He says that he wants to open the first 120 stores in 2018 and the rest will be opened over the next five years.

Being a businessman who tries new things, Guilherme Paulus says that he has made some mistakes over the years. He feels that his biggest one was an agreement that his president of the company at the time signed with the French government. This was in the early 2000s and the idea was to increase the number of visas so more people could travel from France to Brazil where they would tour with CVC. They opened a CVC store in Paris but the tour costs proved to be prohibitively expensive. The other problem was that they just put CVC on the sign so people didn’t realize that it was a tour operator. He also regrets having Brazilians work at this store rather than French citizens.

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Why Attorney Bruno Fagali Supports Resolution 4,595/1964

If you’ve been following business news, especially foreign business news, you’re probably well aware that the tides have turned for Brazil’s once struggling economy. The country, once beset by a prolonged recession is by all accounts regaining its economic footing. In fact, since 2016, the country has increased spending to help further lift Brazil out of the recession, which includes reducing interest rates to help spur economic growth. With that being said, Brazil has also introduced a new law called resolution 4,595/1964; if you’re unfamiliar with the resolution, it governs financial institutions and aims to establish uniformity amongst the country’s banks. What does this mean, exactly? Well, resolution 4,595/1964 will be the new guideline that all financial institutions must adhere to when it comes to licensing, foreign investments, and liquidity. The resolution, which went into effect August of 2017, will also play a role in any legislative changes made by the Brazilian Central Bank and the National Monetary Council.

Read more: Bruno Fagali reports research that reveals that Brazilian companies are more concerned about adopting anti-corruption mechanisms in 2017

Many people, including Brazilian attorney Bruno Fagali, are in favor or resolution 4,595/1964. Why? Well, it creates unprecedented uniformity, especially relating to the code of conduct that financial institutions are expected to follow, which coincidentally, reduces incidences of abuse of power amongst high-ranking bank officials. Attorney Bruno Fagali believes that these changes will also serve to make financial institution much more efficient. If you haven’t heard of Bruno Fagali, he is one of Brazil’s most prominent attorneys, as well as Founder and CEO, of Fagali Advocacy (a boutique law firm). The law firm prides themselves on their proficiency in key areas like anti-corruption, compliance, and public law.

Bruno Fagali began his career as an ambitious law student, who worked several internships while still pursuing a Master’s degree at the University of Sao Paulo. After graduating college with a Master’s in Administrative Law, and having already fulfilled his internship requirements, Fagali launched his own firm, aptly named Fagali Advocacy. In light of his background, it should come as no surprise that Fagali would champion resolution 4,595/1964; after all, it is a law rooted in compliance, which is one of the hallmarks of his law firm.

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