February 27, 2017 12:27 AM ET

Air Freight and Logistics

Company Overview of Empresa Brasileira de Correios e Telégrafos S.A.

Company Overview

Empresa Brasileira de Correios e Telégrafos S.A. provides postal services in Brazil and internationally. It offers domestic and international, express, and economy parcel delivery services; express shipping service for municipalities; home collection service for domestic and international parcels; reverse logistics services; integrated logistics services; international express document shipping service to various countries in South America; international shipping services; domestic express document shipping services; traditional postal services; and telegrams. The company also provides customized stamps, postcards, seals, aerograms, and envelopes; electronic posting system, a tool for sendin...

SBN - Quadra 01- Bloco A

Ed. Sede dos Correios

Brasilia, DF 70002-900


Founded in 1969


55 61 3426 2450


55 61 3426 2310

Key Executives for Empresa Brasileira de Correios e Telégrafos S.A.

Economic and Financial Vice-Chairman
Interim Operations Vice-Chairman and Technology and Infrastructure Vice-Chairman
Head of Cabinet
Business Vice-Chairman
Network and Customer Relationship Vice-Chairman
Compensation as of Fiscal Year 2016.

Empresa Brasileira de Correios e Telégrafos S.A. Key Developments

Brazil's Government Reportedly Considers Selling Stakes In State Controlled Assets

Brazil's government is considering selling stakes in state-controlled assets including its postal company as well as holdings in transport, power and insurance firms in a bid to raise capital and streamline the public sector, a newspaper reported. Interim President Michel Temer's government is working with a list of companies and sectors that would be the first targets of any move back toward sales of state-controlled holdings, the Rio de Janeiro daily O Globo said, citing anonymous members of Temer's economic team. O Globo said the government is considering partial sales of tranches in Empresa Brasileira de Correios e Telégrafos S.A. (Correios) and Casa da Moeda do Brasil - CMB. It may also revive efforts to sell stakes in the insurance unit of Caixa Econômica Federal and various port operators across Brazil in which the federal government has holdings, the newspaper said. Other privatizations being considered, according to the report, include the partial sale of INFRAERO - Empresa Brasileira de Infra-Estrutura Aeroportuaria, electricity holdings in more than 200 small companies controlled by Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6) and various assets held through BNDES Participações S/A - BNDESPAR. A spokeswoman at Brazil's finance ministry declined to comment on the report, saying Finance Minister Henrique Meirelles would give more details about the government's economic plans in the coming days. The newspaper did not give a time frame for any of the privatizations being considered, but said that sales would depend on the operational and financial conditions of each holding, in addition to regulatory and market conditions.

Similar Private Companies By Industry

Company Name Region
Aeromil Táxi Aéreo Ltda Americas
Agrovia S.A. Americas
AGV Holding S.A. Americas
Aqces Logística Internacional Ltda. Americas
AQCES Logística S.A. Americas

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Empresa Brasileira de Correios e Telégrafos S.A., please visit www.correios.com.br. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.