Servicios Industriales De La Marina
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Servicios Industriales De La Marina
Servicios Industriales de la Marina S.A. (Shipyard Marine Industrial Services), well known as SIMA or SIMA PERU S.A., is a Peruvian shipyard that operates as a state owned company established under private law in 1950 pursuing the activities of the former Naval Factory founded in 1845, and continually extending its operational capacity, first to the shipbuilding which SIMA pioneered in South America and then to the greatest metalworking structures manufacture, contributing to the defense and socio-economic development of Peru. The SIMA mainly serve the Navy of Peru as well as domestic and foreign private clients through a wide range of products. History On 22 May 1845 during the first government of President Ramón Castilla, the State Factory in the city of Callao was established. Then named Naval Factory, this facility would become a leading establishment of its kind in South America. Such decision to establish this factory was due to the fact that Peru had taken steps to acqui ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ...
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