Batista Brothers to Rehire 1,000 at Brazil Defense Firm Avibras, Expand Overseas
Billionaire brothers Joesley and Wesley Batista plan to restore production at Brazil’s defense company Avibras Industria Aerospacial SA and pursue new markets overseas, including by rehiring nearly 1,000 workers who...
By Martha Beck and Rachel Gamarski · Bloomberg
Billionaire brothers Joesley and Wesley Batista plan to restore production at Brazil’s defense company Avibras Industria Aerospacial SA and pursue new markets overseas, including by rehiring nearly 1,000 workers who lost their jobs during the firm’s financial crisis, according to people familiar with the matter.