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

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 . . .

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