Founded | July 4, 1953Cachoeiro de Itapemirim, Espírito Santo, Brazil | in
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Ceased operation | April 20, 2022[1] |
Defunct | September 21, 2022[2] |
Headquarters | São Paulo, São Paulo, Brazil |
Website | http://www.itapemirim.com.br/ |
The Viação Itapemirim S.A. was a Brazilian passenger road transport company. It was founded on July 4, 1953,[3] in the Cachoeiro de Itapemirim, Espírito Santo, Brazil. It was the largest road passenger transport business in Brazil and Latin America.[citation needed]
Due to financial difficulties and scandals involving the diversion of funds from the judicial reorganization to create ITA Transportes Aéreos, the company had a bankruptcy decree in court on September 21, 2022,[4][5][2] after EXM Partners, responsible for the company's judicial reorganization, reported not having more chances for the group to recover financially.[6]
Viação Itapemirim is a group of companies operating in various sectors such as: