Jorge Redmond’s business is at capacity: Chocolates El Rey urgently needs new equipment if it is to go on being Venezuela’s premium chocolate producer. Mr. Redmond, whose family has run this business in Caracas for more than 40 years, sourced new equipment abroad a year ago, and began the long process of securing U.S. dollars and permissions from the government’s foreign exchange bureau to buy and import it. More...
Monday, February 3, 2014
In Venezuela, failing economy sours a chocolate business
Jorge Redmond’s business is at capacity: Chocolates El Rey urgently needs new equipment if it is to go on being Venezuela’s premium chocolate producer. Mr. Redmond, whose family has run this business in Caracas for more than 40 years, sourced new equipment abroad a year ago, and began the long process of securing U.S. dollars and permissions from the government’s foreign exchange bureau to buy and import it. More...
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