FORMER FLAMENGO DIRECTOR IS THE CEO OF THE NEW RIO DE JANEIRO STOCK EXCHANGE

This past Tuesday (2), Rio de Janeiro City Hall announced that the city will become the owner of a stock exchange after 20 years. At an event, Mayor Eduardo Paes and the CEO of Americas Trading Group (ATG), Claudio Pracownik, were responsible for confirming the news, which is expected to begin operations in the second half of next year. Furthermore, Pracownik has a stint at Flamengo, as vice-president of finance.

"The new exchange will have its administrative headquarters in Rio de Janeiro. This is very important for the city and the state. Rio will once again be a large business center, attracting investors, and this has enormous relevance. We hope that this will be the initial milestone in the rebirth of the financial market in Rio", said Pracownik, on the Rio de Janeiro City Hall website.

PRACOWNIK'S PASSAGE AT FLAMENGO

Claudio Pracownik was vice-president of finance at Flamengo between May 2015 and August 2018, under Eduardo Bandeira de Mello. The new CEO of the Rio de Janeiro stock exchange participated in the financial restructuring of Mais Querido.

THE STOCK EXCHANGE

Thus, Bill 3276/2024, initiated by the City of Rio de Janeiro, Rio, was approved by the City Council on June 25th, with 37 votes in favor and 5 against. With the new rule, the Tax on Services of Any Nature (ISS) falls to 2%, which is levied on activities to be carried out by a stock, commodities and futures exchange, as well as on activities carried out by companies that operate in trading, settlement and custody of financial assets.

EDUARDO PAES CELEBRATES NEWS

With the partnership, Mayor Eduardo Paes greatly celebrated the news. The politician praised the big brands that are present in the city of Rio. It is worth remembering that Eduardo has been a prominent figure in Flamengo's news in recent months due to the club's negotiations to purchase land for the construction of the stadium.

< br>