Clik here to view.
Brazil to cut stake in Eletrobras to 45% from 61% in privatization – Energy...
RIO DE JANEIRO, BRAZIL - Brazil’s government will cut its stake in power company Centrais Eletricas Brasileiras SA , or Eletrobras, to 45% from its current 61% in a planned privatization process, a...
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Profit of Brazilian giant Eletrobras grew by 31% in the first quarter
RIO DE JANEIRO, BRAZIL - Brazil's state-owned Eletrobras, Latin America's largest electric power company, which is in the process of being privatized, reported Wednesday that in the first quarter of...
View ArticleClik here to view.
Brazil’s Senate approves Eletrobras privatization bill
RIO DE JANEIRO, BRAZIL - Brazil’s Senate voted on Thursday, June 17, to approve the basic text of a bill allowing the privatization of state-controlled energy giant Eletrobras, but the measure must...
View ArticleClik here to view.
Brazil Congress approves main text of Eletrobras privatization bill,...
RIO DE JANEIRO, BRAZIL - Brazil’s lower house of Congress on Monday approved the main text of a bill allowing the privatization of state-controlled energy giant Eletrobras, with the measure to advance...
View ArticleClik here to view.
Bolsonaro approves controversial privatization of Brazil’s Eletrobras
RIO DE JANEIRO, BRAZIL - A few hours after the text was approved by Congress, President Jair Bolsonaro on Tuesday, June 22, sanctioned into law the bill approving an MP (Provisional Measure) that will...
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Brazil’s five major state-owned companies have cut 25% of staff in six years...
RIO DE JANEIRO, BRAZIL -The country's five major state-owned companies - Banco do Brasil, Correios, Caixa, Petrobras, and Eletrobras - lost more than 111,000 employees between the beginning of 2015 and...
View ArticleClik here to view.
Correios: Brazil government to sell all state-owned postal company in single...
RIO DE JANEIRO, BRAZIL - Brazilian state-owned postal service Correios will be sold to a single buyer in an auction scheduled for March, 2022. A bill approving this sale must be passed in Congress as...
View ArticleClik here to view.
Brazil’s Eletrobras should invest US$2.8 billion a year after it is...
RIO DE JANEIRO, BRAZIL - The Brazilian power utility giant Eletrobras, the largest electric company in Latin America, will invest up to R$14 (US$2.8) billion a year when it is privatized, said Thursday...
View ArticleClik here to view.
Brazil’s Eletrobras unveils plans to invest US$1.6 billion in modernization
RIO DE JANEIRO, BRAZIL - Eletrobras has announced a R$8.3 (US$1.6) billion program to purchase more modern equipment and modernize and digitalize its plants between 2021 and 2025. A hydroelectric...
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Minister of Economy: Brazil will press for changes in MERCOSUR
RIO DE JANEIRO, BRAZIL - Economy Minister Guedes said the Brazilian government is looking to "modernize" the economic bloc, but has met resistance from Argentina. "Our position is to move forward. We...
View ArticleClik here to view.
Brazil to cut stake in Eletrobras to 45% from 61% in privatization – Energy...
RIO DE JANEIRO, BRAZIL - Brazil’s government will cut its stake in power company Centrais Eletricas Brasileiras SA , or Eletrobras, to 45% from its current 61% in a planned privatization process, a...
View ArticleClik here to view.
Profit of Brazilian giant Eletrobras grew by 31% in the first quarter
RIO DE JANEIRO, BRAZIL - Brazil's state-owned Eletrobras, Latin America's largest electric power company, which is in the process of being privatized, reported Wednesday that in the first quarter of...
View ArticleClik here to view.
Brazil’s Senate approves Eletrobras privatization bill
RIO DE JANEIRO, BRAZIL - Brazil’s Senate voted on Thursday, June 17, to approve the basic text of a bill allowing the privatization of state-controlled energy giant Eletrobras, but the measure must...
View ArticleClik here to view.
Brazil Congress approves main text of Eletrobras privatization bill,...
RIO DE JANEIRO, BRAZIL - Brazil’s lower house of Congress on Monday approved the main text of a bill allowing the privatization of state-controlled energy giant Eletrobras, with the measure to advance...
View ArticleClik here to view.
Bolsonaro approves controversial privatization of Brazil’s Eletrobras
RIO DE JANEIRO, BRAZIL - A few hours after the text was approved by Congress, President Jair Bolsonaro on Tuesday, June 22, sanctioned into law the bill approving an MP (Provisional Measure) that will...
View ArticleClik here to view.
Brazil’s five major state-owned companies have cut 25% of staff in six years...
RIO DE JANEIRO, BRAZIL -The country's five major state-owned companies - Banco do Brasil, Correios, Caixa, Petrobras, and Eletrobras - lost more than 111,000 employees between the beginning of 2015 and...
View ArticleClik here to view.
Correios: Brazil government to sell all state-owned postal company in single...
RIO DE JANEIRO, BRAZIL - Brazilian state-owned postal service Correios will be sold to a single buyer in an auction scheduled for March, 2022. A bill approving this sale must be passed in Congress as...
View ArticleClik here to view.
Brazil’s Eletrobras should invest US$2.8 billion a year after it is...
RIO DE JANEIRO, BRAZIL - The Brazilian power utility giant Eletrobras, the largest electric company in Latin America, will invest up to R$14 (US$2.8) billion a year when it is privatized, said Thursday...
View ArticleClik here to view.
Brazil’s Eletrobras unveils plans to invest US$1.6 billion in modernization
RIO DE JANEIRO, BRAZIL - Eletrobras has announced a R$8.3 (US$1.6) billion program to purchase more modern equipment and modernize and digitalize its plants between 2021 and 2025. A hydroelectric...
View ArticleClik here to view.
Minister of Economy: Brazil will press for changes in MERCOSUR
RIO DE JANEIRO, BRAZIL - Economy Minister Guedes said the Brazilian government is looking to "modernize" the economic bloc, but has met resistance from Argentina. "Our position is to move forward. We...
View Article