Showing posts with label polar. Show all posts
Showing posts with label polar. Show all posts

Sunday, May 12, 2013

Will the Venezuelan regime dare to put Polar on the scaffold? (or gallows, depending you local lingo)

I was on the road today and only tonight did I get the latest idiocies of the regime. This one must feel quite a lot of heat to consider taking over Polar, the largest private company in Venezuela, which today may represent about 4% of the GNP of Venezuela, a high number not because of any monopolistic intentions from Polar but because in a sea of bankruptcies and expropriations the Polar ship is somehow still afloat.

But first a little bit of background.

Monday, January 10, 2011

Chavez continues his steady transformation into a outright dictator: now he is a puritan for prohibition!

Today we got back on the attack mode against Polar.  Of course, we would.  The take over of Agroisleña is now clearly a fiasco, the one of Exito is becoming one in spite of retaining some of the French management.  And amen on having now to import cement from Cuba...  So Chavez needs new things to plunder until there is nothing left working in Venezuela.

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