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Petrobras' President confirms continuation of divestment plans

Novo Presidente da Pretrobras confirma a continuidade do plano de desinvestimentos

Intel ID : 237297
Synopsis

Petrobras' new President, Pedro Parente, confirmed the company will continue its divestment plans, as published by newspaper Exame on 2 June 2016, citing Parente.

According to the news, Petrobras' billionaire sales plan is crucial for the reconstruction of the company, which does not include a financial rescue by the National Treasury.

"The company needs to strengthen its cash flow and reduce its debt, and divestments are key to that goal," said Pedro Parente.

Pedro Parente was recently appointed by Interim President for Brazil, Michel Temer (see Intel related).
(content in portuguese)

O novo Presidente da Petrobras, Pedro Parente, confirma a continuidade do plano de desinvestimentos da Petrobras, segundo publicou a Exame no dia 02 de junho de 2016, citando Pedro Parente.

Segundo a notícia, o plano bilionário de venda de ativos da Petrobras é crucial para a reconstrução da empresa, que não prevê contar com um socorro financeiro do Tesouro Nacional.

"A empresa precisa fortalecer o seu caixa e reduzir a sua dívida, e os desinvestimentos são fundamentais para esse objetivo", afirmou Pedro Parente.

Pedro Parente foi nomeado recentemente, pelo Presidente Interino do Brasil, Michel Temer (ver Intel relacionado).

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Intel ID 237297
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Petrobras
(31 Dec 2024)
Revenue: EUR 76.623,79m
EBITDA: EUR 32.424,40m
Net Debt: EUR 15.107,64m
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