For Dilma, Petrobras' financial report marks a new era.
When asked by journalists if the release of Petrobras' audited financial statements this week marked a new era for the state-owned company, the president replied: "without a doubt"; for Dilma Rousseff, the company showed that it "overcame all its management problems" by releasing the annual results that showed a loss of R$ 21,6 billion in 2014, with R$ 6,2 billion due to corruption; "I consider the approval of the financial statements very important, because Petrobras is turning a page, getting back on track, and I am sure that Petrobras will still bring us much joy in the coming months and years," she said; Dilma met today with the South Korean president, Park Geun-hye, at the Itamaraty Palace.
247 - President Dilma Rousseff confirmed this Friday, the 24th, that the release of Petrobras' 2014 financial report marks a new phase for the company. While awaiting the arrival of South Korean President Park Geun-hye at the Itamaraty Palace, Dilma was asked by journalists if the release marked a new era for the Brazilian oil company and replied "without a doubt".
According to the president, Petrobras showed that it "overcame all its management problems" by releasing its annual balance sheet last Wednesday, the 22nd, which showed a loss of R$ 21,6 billion in 2014, with R$ 6,2 billion of those losses related to corruption. Dilma also said she was "certain" that Petrobras would still bring much joy to Brazilians.
"I consider the approval of the financial statements very important because Petrobras is turning a page, getting back on track, and I am certain that Petrobras will still bring us much joy in the coming months and years," said the president. She also said that Petrobras is a "great company" from any angle it is analyzed and affirmed that she is certain that the state-owned company will bring good news in the future.
On the same day the financial report was released, the company's current president, Aldemir Bendine, apologized, on behalf of the state-owned company's employees, for the irregularities that occurred within the company.
"Today I represent the company. Petrobras was a victim of everything it went through. Adding to the 86 employees of the Petrobras system, yes, we even feel ashamed of what we experienced, of these wrongdoings that occurred," said Bendine after the release of the financial report.
Today, shares of the Brazilian state-owned company are showing an increase in value on both the Brazilian and New York stock exchanges. Petrobras' new business plan for the next five years will be released in May and will be based on deleveraging (less credit and debt reduction) of the company, with investments in more profitable projects, said yesterday (23) the state-owned company's Exploration and Production director, Solange Guedes.
With information from Agência Brasil and Reuters.