At the end of 2021, 32 companies in the public business sector were in a state of “technical bankruptcy” despite the recovery of most economic and financial indicators compared to 2020, according to a report from the Public Finance Council (CFP) released this Thursday. fair.
Despite these numbers, 2021 is “marked by a recovery,” as reflected in the individual accounts (or consolidated accounts) of 87 statewide non-financial companies. However, “more than a third of these companies (32) continued to show negative equity in 2021, filing a technical bankruptcy situation.” An example of this is the TAP Group, whose results for two of its companies – TAP SA and TAP SGPS – were negative by almost 2.1 billion euros. *With Lusa