Thursday, July 16, 2015

Government will decide winners of CP Carga and EMEF next … – Jornal de Negócios – Portugal

Alstom has until next Monday to deliver improved proposal to the purchase of Rail Equipment Maintenance Company (EMEF). The Government recognizes that the complaint Bombardier hindered the process.

The Secretary of State for Transport, Sérgio Monteiro, said this Thursday, July 16th, which is ” intention to work towards submit to the next Council of Ministers this week the decision on privatization “of CP Carga and Rail Equipment Maintenance Company (EMEF).

The official said at the end of the Council meeting of Ministers (CM) that Alstom, the only company that is in the running to purchase up to 100% of EMEF, has until next Monday, July 20th, to present an improved proposal.

on the complaint lodged by Bombardier, the Secretary of State acknowledged that “there is an abuse of an entity does not facilitate the process.”

Remember that this privatization is not the cash inflow that is critical, but the attraction investment for the company, the official admitted that “complaints make it difficult to attract this investment.” “We have seen the number of relatively small proposals given the early stage,” he said, recalling that there were 11 entities that raised the specification but only two proposals were delivered, of which only one was selected for the negotiation phase.

Already in the privatization of CP Carga process, the deadline for submission of final proposals and improved by the three candidates selected for negotiations – Cofihold, MSC Raile Athena Equity Partners – ended on Monday last <. / p>

Sergio Monteiro explained, however, that the Government understood that the two cases, which were launched at the same time, they must be submitted simultaneously to the Cabinet.

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