The purpose of this paper is to analyze the economic-financial performance of public enterprises under the Sindicatura General de Empresas Públicas (SIGEP), during the Argentine democratic transition (1983-1989). For this purpose, the performance often state-owned firms is examined in four indicators: sales revenues, prices and tariffs, real fixed investment, and level of internal and external indebtedness. The statistical analysis was carried out with secondary sources, based on the balance sheets and publications of the syndicate. In conclusion, two decouplings are observed in the indicators examined, which significantly eroded the financial capacities of the companies, continuing with the dynamics installed during the last civil-military dictatorship. [ABSTRACT FROM AUTHOR]