National Privatization Program News Today

Workers of Recifes underground have announced the end of their 23-day strike. Therefore, trains in the capital of the Brazilian State of Pernambuco will be running again as of Monday, it was decided late Friday.

In the last 43 years, 32 Brazilian state-owned companies were privatized and four were granted to the private sector, according to a study carried out by the Federal Senate. And, in a recent survey, Datafolha found that, in 2017, about 20% of the Bra

Govt. faces billionaire loss by not regulating it

The Brazilian port of Santos the largest and busiest of South America, is in the short list of government assets to be privatized by the end of the year, according to a decree published in the Federal Gazette, and signed by president Jair Bolsonaro.

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2 Min Read BRASILIA/SAO PAULO, Jan 28 (Reuters) - Brazil’s government still plans to privatize state-run electricity company Eletrobras, two sources said on Thursday, despite the high-profile departure of its chief executive who said he did not see the political will required to sell the asset. Wilson Ferreira Jr. resigned on Monday as CEO of Centrais Eletricas Brasileiras, as Eletrobras is formally known, to take the helm of recently-privatized fuel distributor Petrobras Distribuidora SA. Hi...