The Viação Itapemirim S.A. was a Brazilian
passenger
A passenger (also abbreviated as pax) is a person who travels in a vehicle, but does not bear any responsibility for the tasks required for that vehicle to arrive at its destination or otherwise operate the vehicle, and is not a steward. The ...
road transport
Road transport or road transportation is a type of transport using roads. Transport on roads can be roughly grouped into the transportation of goods and transportation of people. In many countries licensing requirements and safety regulations e ...
company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...
. It was founded on July 4, 1953,
in the
Cachoeiro de Itapemirim,
Espírito Santo,
Brazil. It was the largest road passenger
transport business in Brazil and
Latin America.
Due to financial difficulties and scandals involving the diversion of funds from the judicial reorganization to create
ITA Transportes Aéreos
Ita or ITA may refer to :
Places and jurisdictions
* ITA, ISO 3166-1 country code for Italy
* Ita (Africa), an ancient city and former bishopric in Roman Mauretania, presently a Latin Catholic titular see
* Itá, Paraguay
People
* Ita (pri ...
, the company had a
bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...
decree in court on September 21, 2022,
after EXM Partners, responsible for the company's
judicial reorganization, reported not having more chances for the group to recover financially.
Structure
Viação Itapemirim is a
group of companies operating in various sectors such as:
* Complex Pindobas (
agricultural
Agriculture or farming is the practice of cultivating Plant, plants and livestock. Agriculture was the key development in the rise of Sedentism, sedentary human civilization, whereby farming of Domestication, domesticated species created food ...
)
* Itabira (
graphics
Graphics () are visual images or designs on some surface, such as a wall, canvas, screen, paper, or stone, to inform, illustrate, or entertain. In contemporary usage, it includes a pictorial representation of data, as in design and manufacture ...
and
marketing)
* Network Flecha (
Hotels and
restaurants)
* Marbrasa (
mining)
* Fiat Cola and Samadisa (
vehicles and
parts
Part, parts or PART may refer to:
People
*Armi Pärt (born 1991), Estonian handballer
* Arvo Pärt (born 1935), Estonian classical composer
*Brian Part (born 1962), American child actor
*Dealtry Charles Part (1882–1961), sheriff (1926–1927) a ...
)
* MC Massad Cola (marketing and
communication)
* Itabira (
insurance)
* Sossai (
Toyota vehicles and parts)
References
External links
Official website
Bus companies of Brazil
2022 disestablishments in Brazil
{{Brazil-transport-stub