Companies and Industrial Research
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According to the tenth edition of the Valor Inovação Brasil yearbook, published in 2024 by the newspaper Valor Econômico in partnership with the consultancy PwC Strategy&, Einstein is the most innovative company in the country, followed by Suzano, Dexco and Energisa.
Among the German companies investing in research in Brazil are Siemens, Bosch and Bayer. Siemens has been operating research, development and non-routine engineering centers in Brazil for over 100 years. The company has invested in getting closer to educational and research institutions. With its 4,000 square meters, the R&D center for oil, gas and energy distribution, for example, is located in the Ilha do Fundão Technology Park, on the campus of the Federal University of Rio de Janeiro (UFRJ). In Curitiba, Siemens operates its R&D center for smart grid solutions.
Bosch, on the other hand, has research centers working on research and development in Brazil, with the main focus being on mobility solutions, such as biofuels and energy efficiency. Bayer, for its part, invests a considerable slice of its global turnover each year in R&D, so that solutions can be discovered and developed to meet the needs of rural producers. The company currently carries out studies and tests on active ingredients (molecules) sent in by the company’s headquarters for the development of crop protection products. In the laboratories, work is carried out in the areas of agronomic development for crop protection, product safety, seeds, Bayer SeedGrowth™ Center, environmental health, fungicide, herbicide and insecticide resistance monitoring, and application technology.
IBM, GE and L’Oréal are examples of other companies that have invested in R&D centers in Brazil, made possible through Brazilian incentive laws
In Fast Company magazine’s annual ranking of the Most Innovative Companies, published in 2024, Brazilian fintech Nubank came 22nd.