Brazil’s Eletrobras claims to have contingency plan; strike will not affect operations

According to a Union statement, the first strike day had a high adherence and it is expected to grow even more.

RIO DE JANEIRO, BRAZIL - Eletrobras (ELET3;ELET6) has a contingency plan to address the indefinite strike declared by the state-owned company's employees as of midnight on Monday, January 17. According to Eletrobras, the company's services should not be impacted.

"The group companies have contingency plans in place, so that essential services will not be interrupted," said Eletrobras in a statement, without providing details of the strike.

In an assembly on January 12, employees of the holding company Eletrobras, Furnas and Cepel, all in Rio de Janeiro, decided to strike indefinitely against changes in the company's health . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?