Analyzed statement

What Tarcisio said about privatize Petrobras

Tarcisio

Tarcisio

September 25, 2022

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About: privatize Petrobras

Tarcisio: The guy wanted to be superintendent of DENIT, but he had a nursing degree. Nothing against nurses, but that's not for running an engineering unit, it won't work. So, we put technicians in, we made a mix, we brought a lot of people from the private sector, we managed to bring market people into important positions.

Tarcisio: It's interesting people's selflessness — it's the guy who already made money in the market and decided to offer himself to public service. I think that's really great and it worked very well. I had eight units showing negative results; one was liquidated.

One was privatized, but by the time it was privatized we had already flipped the switch and the others are now showing positive results. So it's interesting — it was a brutal turnaround. 500 million in losses, half a billion in losses in 2018; this year it should show half a billion in profit.

Tarcisio · 0:39

Tarcisio: 1.2 billion in cash, a lot of investment happening. There's a famous phrase which is: "Just don't steal, for fuck's sake."

Why it was classified this way · 90% confidence

states 'um foi privatizado' and celebrates the financial recovery.

Excerpt from a public video, transcribed and classified by AI. See the Methodology