Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

Written by Paulo Nogueira

Published on 10/06/2019 at 01:00

Updated on 08/06/2019 at 15:15

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The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

The decision applies to companies belonging to energy holdings such as Petrobras and Eletrobras. However, it does not apply to the holdings themselves, which – according to the decision – need authorization from the National Congress to be sold. The main affected party in the STF’s decision is Petrobras. The company has sold and intends to sell some of its most important subsidiaries. A contrary decision from the STF could delay or even prevent – depending on the decision of deputies and senators – the sale of some companies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

The main indicator of the São Paulo stock exchange, B3, closed up this Friday, 7, after rising more than 1% the day before, favored by positive sentiment abroad and favorable repercussions of the STF decision that waives prior approval from the National Congress for the sale of controlling shares in subsidiaries of state-owned companies.

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Check Below the Companies That Petrobras May Sell

Petrobras Distribuidora
Petrobras Biocombustível
Liquigás
Breitener Energética, UTEs
Logum Logística SA
Petrobras Logística de Gás S.A. and TBG

See the Complete List of Petrobras’s Shareholdings

by epbr

Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

Check Below the Companies That Petrobras May Sell

See the Complete List of Petrobras’s Shareholdings

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Small, automatic, and reliable car for around R$ 50,000: Kia Picanto combines economy, structural safety, good internal quality, and durable mechanics, but tests show that it makes sense mainly for urban use and not for those who frequently drive on highways.

A Danish company has installed in the Canary Islands a pioneering system that uses the Atlantic waves to generate electricity and produce drinking water at the same time, without fossil fuels and without relying on sun or wind, addressing at once two of the greatest needs of isolated islands.

End of manual finishing in drywall: robots reduce deadlines by up to 60%, cut labor by about 40%, and bring AI, sensors, and cobots to a stage still dominated by physical effort in construction.

Owner of Brastemp bets on Brazil after closing factory in Argentina and moves new production stage to Rio Claro, where an investment of R$ 300 million is expected to create 200 direct jobs and up to 2,800 direct and indirect jobs in the local supply chain.

End of heavy manual drilling: three robots take over more than 9,000 holes in the Engelberg tunnel in Germany, working at a height of 7.5 meters and increasing precision in construction carried out with traffic in operation.

Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

Check Below the Companies That Petrobras May Sell

See the Complete List of Petrobras’s Shareholdings

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Kia emerges with the “ugliest pickup truck in the world”: even with a 2.2 turbo diesel engine with 210 hp, 4×4 traction, a capacity of 3.5 tons, and a goal of 20,000 annual sales, the Tasman sells only 320 units and becomes a problem for the brand in Australia.

Kia emerges with the “ugliest pickup truck in the world”: even with a 2.2 turbo diesel engine with 210 hp, 4×4 traction, a capacity of 3.5 tons, and a goal of 20,000 annual sales, the Tasman sells only 320 units and becomes a problem for the brand in Australia.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Small, automatic, and reliable car for around R$ 50,000: Kia Picanto combines economy, structural safety, good internal quality, and durable mechanics, but tests show that it makes sense mainly for urban use and not for those who frequently drive on highways.

A Danish company has installed in the Canary Islands a pioneering system that uses the Atlantic waves to generate electricity and produce drinking water at the same time, without fossil fuels and without relying on sun or wind, addressing at once two of the greatest needs of isolated islands.

End of manual finishing in drywall: robots reduce deadlines by up to 60%, cut labor by about 40%, and bring AI, sensors, and cobots to a stage still dominated by physical effort in construction.

Owner of Brastemp bets on Brazil after closing factory in Argentina and moves new production stage to Rio Claro, where an investment of R$ 300 million is expected to create 200 direct jobs and up to 2,800 direct and indirect jobs in the local supply chain.

End of heavy manual drilling: three robots take over more than 9,000 holes in the Engelberg tunnel in Germany, working at a height of 7.5 meters and increasing precision in construction carried out with traffic in operation.