Stock Investing Zone

The groups siderurgical private they had practically not participated of the sales of the great state siderurgy. Some of these purchasers had waited only the valuation of the acquired assets to vender them with the accomplishment of substantial profits. The end item of the privatization of the state ones of plain steel, the Aominas and the Acesita, was a sector with problems of corporative governana, with participation crossed concentrated mainly in the hand of banks, as Bozzano, Bradesco, Econmico and Bamerindus, the majority of which already sales or liquidation do not exist more for, of the Valley, still state at the time, and of foundations of security, without enterprise logic, and ' ' recheados' ' of fragilities and conflicts of interest, and controlled for shareholders not compromised to the perspectives of long stated periods of the companies. The results are known: the financial crisis of the Acesita, and the consequent denationalization of its control, and, later, of the control of the CST, promoted for the Valley, and one ' ' quase' ' denationalization of the control of the CSN, that arrived to be vendida for the ARBED, having been rescued for a shy intervention of the government, fearful of the negative repercussion that the consumption of the fact would bring. In the same way, the petrochemical one could have been privatized of entirely different form. The recognition of the committed mistake: necessity of reorganization In function of the inadequate configuration of siderurgy and petrochemical the Brazilians, resultants of the aodado and inept process of privatization, the proper BNDES, co-author, agent main seno of the exploit, already under new administration, passed, from the years of 1999 and 2000, to try to induce the actors to undertake a reorganization process involving exchange of shareholding positions, fusing and associations, capable to increase the competitiveness of the sectors, a species of ' ' modelagem' ' delayed, tacit recognition of the inadequao of the adopted model of sales.