Brazilian company Rio Nave still interested in Portuguese shipyards

9 May 2013

Brazilian company Rio Nave is interested in analysing the tender document for sub-concession of the land where Portuguese shipyard company Estaleiros Navais de Viana do Castelo (ENVC) is based, the chairman of the Brazilian company told Portuguese financial daily Diário Económico.

Noting that the company had put forward one of the binding bids for reprivatisation of ENVC, which has since been cancelled, Mauro Campos told the newspaper that “the premises on which the decision to take part in the reprivatisation of ENVC continue to be valid.”

The ENVC privatisation process attracted several interested parties, of which the Portuguese government selected to for the final stage: Brazil’s Rio Nave and Russia’s RSI Trading.

Rio Nave, which is controlled by the Estai group, is a ship building company from Rio de Janeiro, where it has a shipyard covering 150,000 square metres and employs 1,500 people.

The ENVC privatisation was part of the Portuguese privatisation programme agreed with a mission to supervise Portugal’s financial bailout programme, which has already sold off the State’s stakes in power company EDP – Energias de Portugal and REN – Redes Energéticas Nacionais. (macauhub)