The performance of a Brazilian developer company: the spatial rescaling of MRV to the North American market

• Grant number: 22/15846-1
• Support Opportunities: Scholarships abroad - Research Internship - Master's degree
• Start date: August 01, 2023
• End date: January 31, 2024
• Field of knowledge: Humanities - Geography - Human Geography
• Principal Investigator: Everaldo Santos Melazzo
• Grantee: Bruna Ribeiro Corrêa
• Supervisor: Patricia de Toledo Basile
• Host Institution: Faculdade de Ciências e Tecnologia (FCT). Universidade Estadual Paulista (UNESP). Campus de Presidente Prudente. Presidente Prudente , SP, Brazil
• Institution abroad: Indiana University, United States
• Associated to the scholarship: 22/00050-7 - The participation of economic groups MRV and Rodobens in the real estate dynamics of medium-sized cities in São Paulo: the cases of Presidente Prudente and Ribeirão Preto, BP.MS

Abstract

Financialization depicts a vast and complex process of structural changing of the contemporary capitalism which can be analyzed from varied perspectives. In this project, we restricted to investigate one of them: The financialization of non-financing companies, specifically, the case of one of the most important developers and building company in Brazil, MRV Engineering. In this perspective, this proposal has as its main axis understanding the role of financialization in the production scaling leap of MRV towards the global north, more specifically to The United States. The decision to study this Brazilian enterprise in U.S.A is due to the fact it presents a singular role in the process of financialization, by holding the control over the main trade currency and owning the main financial centers and regulation institutions of the capitalism world, besides hosting the subsidiary Resia, responsible for the consolidation of the activities of MVR group in the United States. For this purpose, some questions are important, such as: How and why did MRV acquired Resia? Which is the track record, strategies and role of Resia in the North American market? Why did MRV decide to expand its business to the U.S.A, such a consolidated and competitive market, companies holding a large know-how and which performs in global/international scale? Methodologically, this research will rely on three axes: I) bibliographic and documental search; II) secondary data search; III) field work, besides the analysis and systemization of the obtained results. The project finds justification by considering the concrete actions of the incorporating company and its approach and articulation with the financialization process, revealing the changes in its productive capability, which implies in a scalar leap towards international scale of acting through a singular and unique move. (AU)