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BRASÍLIA – The government should close the doors until March of the public company Valec (which occupies the railways and had former directors involved in deviations in the works) and from Ceitec (which produces chips for livestock). Both societies are dependent on National Treasure . This means that they do not generate enough income to pay for their personal and living expenses. The 1,177 employees will be sacked and corporate badets will be sold to pay off debts, according to Estadão / Broadcast .
The so-called liquidation must be approved by the Investment Partnerships Program Board of Directors. ), a college composed of ministries and public banks, besides the presidency of the Republic. The meeting to approve the decision will take place in February.
Although they have entered the companies through open competitions, the employees will be fired because, with the liquidation, the activities of the state-owned companies will be closed. The choice of liquidation arises because there is no market interest in buying these companies, which attempts to privatize .
The government's intention Jair Bolsonaro is to privatize the railways, which would remove the functions of Valec. Part of its functions could be badumed by the National Department of Transport Infrastructure (Dnit). In the case of Ceitec, the government no longer has any interest in acting in the region.
Valec is a public company linked to the late Ministry of Transportation and was reactivated in 2008 under the government of former President Luiz Inácio Lula da Silva. The public company is involved in the construction and operation of railway infrastructure, such as the North-South Railway and West-East Integration (Fiol). Valec also holds interests in Transnordestina with Companhia Siderúrgica Nacional (CSN).
Valec is constantly the target of investigations into irregularities in work and charges that led to one of his presidents.
Valec today has a capital of 11.9 billion rand. The company used 99% of the National Treasury's resources, or R259 million in 2017, and received a $ 652.1 million advance for a future capital increase (NWAC). The loss in 2017 amounted to R $ 947.4 million, compared with a negative R $ 1.541 billion in 2016. The company has 983 employees and its average salary is R $ 9.5,000 per person. month.
Ceitec
Also created in 2008 by former President Lula, Ceitec is attached to the Ministry of Science, Technology, Innovation and Communications (MCTIC). The company operates in the field of microelectronic devices and manufactures chips for the identification and tracking of products, medicines and animals.
The Ceitec factory in Porto Alegre (RS) employs 194 people for an average salary of R $ 8,600. The company received a grant from the National Treasury of R $ 75 million in 2017, as well as an advance for future capital increase of R $ 1,232 million. The level of dependence on Treasury resources is 94% and the net worth of the company is R $ 105 million.
Infraero is another company in liquidation by the government. Responsible for the management of 55 airports in the country, including Congonhas (SP) and Santos Dumont (RJ). The company is also a minority partner of the private airports of Guarulhos (SP), Campinas (SP) and Brasilia (DF). In this case, however, you must first sell the airports and then stop the business, which should take longer.
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