Government says it is studying measures to modernize state-owned companies

by Andrea
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According to Planalto, measures seek to increase the efficiency of companies and do not change the State Law

The federal government announced on Monday (25.Nov.2024) that it is discussing a series of measures aimed at increasing the efficiency of federal state-owned companies. In a statement, Planalro said that it seeks to modernize companies to improve corporate governance practices, but without changing the State Law (Law 13,303, of 2016).

So far, the situations of Conab (National Supply Company), EBC (Brazilian Communications Company), Finep (Study and Project Financier), Ceitec (National Center for Advanced Electronic Technology) and Dataprev have been discussed. (Pension Technology and Information Company). One of the ideas studied by the government, according to the newspaper The Globeis to allow state-owned companies to contract with the (National Bank for Economic and Social Development).

The Ministry of Management and Innovation, which is responsible for state-owned companies, will also be able to enter into a management contract with BNDES. The idea is to replicate what was done in the BNDES project in relation to the Angra 3 Nuclear Power Plant. During the week, new meetings should take place so that the federal government can discuss the topic.

“The government is discussing a set of measures that aim to modernize and increase the efficiency of federal state-owned companies, preserving their autonomy and aligning them with the best corporate governance practices. The changes under discussion do not alter the State Law (Law 13,303, of 2016) or its regulations”says .

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