Business

Derry company looks to do business in Brazil

Brazilian engineering student Vitor Magalhães at work at Precision Processing Services in Derry, where he is currently on a one-year placement through the IAESTE programme

DERRY firm Precision Processing Services is looking to expand to Brazil through an international traineeship scheme.

The Maydown-based company has pinned its hopes on Latin America, having taken on Brazilian engineering student Vitor Magalhães for the next year through the British Council' International Association for the Exchange of Students for Technical Experience ( IAESTE) programme.

Supported and funded in Northern Ireland by the Department for the Economy, the programme enables international students to work across Northern Ireland on paid technical internships for up to a year, and in return, students from here can complete their own placements all over the world.

Precision, which refurbishes, cleans and inspects industrial equipment, was initially set up in 1999 to service the cleaning needs of the Invista Maydown Polymer plant and since then has provided a service to the industry across the UK, Europe and Asia.

It is now looking to Brazil, having discovered a gap in the market - and has brought in Vitor to carrying out a feasibility study with the hope of making the move next spring.

Chris Clements, plant manager at Precision, said: “Our business is unique, and there's probably only two companies in the whole of Brazil that come close to what we do, so we know we have a market there.

"But it's notoriously difficult to get into Brazil because of legislation policies – and also because of culture and language barriers.

“IAESTE enabled us to tailor a student to our own individual business needs and we found the process very easy – with British Council sorting out everything from visas to accommodation.

“Having Vitor here has been really beneficial, as not only can he speak the language and understand cultural nuances; he also has international experience in-country, which is essential for us. We're really excited about where this placement can take us and hopefully we will see the results next year.”

The IAESTE programme runs in more than 90 member countries, with over 4,000 traineeships exchanged each year and is the largest organisation of its kind in the world.

Northern Ireland businesses interested in learning more about the programme can find out more by visiting www.britishcouncil.org/iaeste/ with applications open all year round.

Enjoy reading the Irish News?

Subscribe from just £1 for the first month to get full access

Business

Today's horoscope

Horoscope


See a different horoscope: