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ELETROBRASCentrais Elétricas Brasileiras SA (Brazil)
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In 2018, Adjusted EBITDA was R$2.7 billion, against R$2.2 billion in 2017, a 23.2% increase, mainly due to higher prices and volumes of steel and iron ore sales in the period, of the recognition of tax credits (ICMS tax in the base calculation of PIS and COFINS taxes)by R$418.7million,accounted in the Parent Company and at Usiminas Mecanica, and the recognition of credits receivable from Eletrobras by R$186.0million, described in the comments of the 4Q18.
Em seguida, foi estabelecido como universo de exame as empresas estatais do setor eletrico no Brasil, sendo dele extraida uma amostra nao probabilistica por acessibilidade, delimitando-se ao segmento de geracao de energia do Grupo Eletrobras que e composto pela Companhia de Geracao Termica de Energia Eletrica (Eletrobras CGTEE) e pela Eletrobras Termonuclear S.A.
The Mining and Energy Ministry gave Centrais Eletricas Brasileiras, the holding company known as Eletrobras, notice of the plan and said publicly that it would bring the proposal to President Michel Temer's special council on privatisations.
Eletrobras' ADRs are traded on the New York Stock Exchange under the symbol "EBR" for its common shares and "EBR.B" for its preferred shares.
De forma geral, como pode ser observado no Quadro 2, observa-se que o retorno medio diario de cinco das seis empresas aumentou apos a emissao dos ADRs (Bradesco, Brasilagro, Eletrobras, Gafisa e Santander).
Dalton Avancini, ex-president of construction company Camargo Correa, revealed that contracts for work at Angra 3 were given to companies that paid bribes to leaders of Eletrobras, the parent company of Eletronuclear, and the Brazilian Democratic Movement Party, a main ally of Brazilian President Dilma Rousseff's.
China Grid has a 51 per cent stake in the winning bid, while the rest is in the hands of Furnas and Eletronorte, which are subsidiaries of Brazilian state power holding Eletrobras.
Ruderico Ferraz Pimentel, the head of overseas operations at Eletrobras says: "African economies have always had immense potential, but this potential had not been well exploited, both because of infrastructural problems, which are beginning to be resolved, and because of the political instability, which some countries are now overcoming.