Minister asks Efacec “not to endanger business”

“Any numbers that appear in the process of this delicacy can contaminate the process itself. […]. Don’t jeopardize this business,” he said, but PSD’s Paulo Ríos Oliveira expressed regret that three years later, the government has still not been able to complete the process it intended to speed up. Last week, the executive branch approved the proposal of the German fund Mutares to privatize Efacec. However, the operation is not yet closed, and the investments that the fund will make have not been disclosed. The state has invested 132 million in Efacec plus 85 million in guarantees.