Dossier
Correios
Coverage of Correios in the Nexus archive.
- Brazil’s Correios Pauses Its Rescue Plan After Workers Threaten Strike
Brazil’s Correios paused its rescue plan, including branch closures and a public-service bonus removal, after unions threatened a strike. The hold on cost-cutting measures is effective until July 31, with the original plan aiming to shut down branches.
- Banco do Brasil Hands Its Own Debtor a $448m No-Bid Deal
Banco do Brasil awarded a $448 million no-bid postal services contract to Correios, a debtor, on June 26. The 60-month deal, totaling R$2.307 billion, was finalized without competitive bidding.