Correios

Empresa Brasileira de Correios e Telégrafos
Company typeState ownership
IndustryCourier
FoundedCorreio-Mor das Cartas do Mar: (25 January 1663; 361 years ago (1663-01-25))
ECT: (20 March 1969; 55 years ago (1969-03-20))
HeadquartersBrasília, Brazil
Area served
Brazil
Key people
Fabiano da Silva Santos (President)
ProductsFirst-class, international and domestic mail, logistics
RevenueIncrease R$ 21.3 billion (2021)[1]
Increase R$ 3.7 billion (2021)[2]
Number of employees
Decrease 89,000 (2021)[3][4]
Websitecorreios.com.br

The Empresa Brasileira de Correios e Telégrafos (English: Brazilian Post and Telegraph Corporation, or ECT), also known as Correios, is a state-owned company that has operated the national postal service of Brazil since the 17th century.[5]

The ECT created and manages the Brazilian postal code system known as Código de Endereçamento Postal. It also provides an e-commerce platform (CorreiosNet Shopping), banking (Banco Postal) acting as proxy of Banco do Brasil,[6] Boleto bill payment collection and express mail service Sedex, with its international service network reaching more than 220 countries worldwide. It is the largest employer in Brazil, with more than 109,000 employees, both internal and outsourced, and is the only company to be present in all municipalities in the country,[4] with a wide network of owned and franchised units.[citation needed] The company is fully owned by the Federal Government of Brazil and subordinated to the Ministry of Communications (MCom).[citation needed]

  1. ^ "DEMONSTRAÇÕES CONTÁBEIS CORREIOS". Diário Oficial da União (in Brazilian Portuguese). 18 March 2022. Retrieved 19 March 2022.
  2. ^ "Correios registram lucro recorde de R$ 3,7 bilhões em 2021" (in Brazilian Portuguese). Ministério da Economia - Governo do Brasil. 18 March 2022. Retrieved 19 March 2022.
  3. ^ Cite error: The named reference ECT-PPI was invoked but never defined (see the help page).
  4. ^ a b "Presidente dos Correios fala sobre medidas de recuperação da empresa". Agência Brasil (in Brazilian Portuguese). 24 June 2022. Retrieved 29 June 2022.
  5. ^ "Home". Archived from the original on 11 November 2013. Retrieved 22 September 2013.
  6. ^ "Home". Archived from the original on 10 May 2013. Retrieved 22 September 2013.