RIO DE JANEIRO, BRAZIL - The studies on the privatization model of the Correios (Brazil Postal Service) should only be completed by late next year, says the president of the state-owned company, Floriano Peixoto.
As a result, Correios, the largest state-owned service sector in the country with 95,000 employees, is expected to be auctioned in 2022. The studies involve estimating the state-owned company's market value, which should take into account the impact of the last strike, which ran for 35 days. Below are the main excerpts from the interview.
Q: When should the consulting firm hired . . .