Help us to disseminate news On Venezuela

Venezuela issues at the G7 meeting

Thursday, January 26, 2017

Pirelli pausing production in Venezuela

 Currency issues have hindered Pirelli’s efforts to obtain raw materials for its factories in Venezuela, and as a result the company will halt production there on 30 January. Reuters writes that operations will stop for a fortnight, restarting on 13 February using raw materials provided by another company division. The tyre maker’s local operation, Pirelli de Venezuela, was deconsolidated in 2015 as a result of economic problems linked to the country’s devalued currency. More…

No comments:

Post a Comment