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Sivensa
Sivensa ( BVCSVS is the second largest Venezuelan steel producer. Sidor, which was nationalized in 2008, is the largest. However, Sivensa, founded in 1948, has been Venezuela's largest steel producer in the private-sector as of 2008. History The corporate documents for Siderúrgica Venezolana, S.A., were registered in October 1948. The company was started with capital of two million bolívars; its largest founding shareholder was Miles Meyer Sherover (1896–1976), an Israeli-American. Other founding shareholders included Robert Turgot Brinsmade (1913–1994), an American international lawyer, Warren William Smith (1865–1956), a U.S. citizen, Oscar Augusto Machado (1890–1966), a Venezuelan, and Carlos Morales, a Venezuelan. Its founding objective was to produce steel rebar, wire rods, structures, and other steel products. The first cast by Sivensa was in 1950, and that year, the company reached a production capacity of five tons per year. In 1956, Sherover became Pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sidetur
Siderúrgica del Turbio S.A. (Sidetur) was a subsidiary of Siderúrgica de Venezuela S.A. ( Sivensa), the biggest - wholly private - Venezuelan steel corporation. Their main products are rebars, bars, beams, angles and flats. Sidetur develops their exporting activity in more than 25 countries in the markets of America, Africa, Asia and Europe. Their seven operating plants are located in the states of Bolívar, Carabobo, Miranda, Lara and the Capital District. Additionally, Sidetur has 14 ferrous material collection centers located in various cities. Founded in 1948 in Antímano, Caracas, Sidetur now has six plants, all in Venezuela. In 1998, Sivensa suffered a strong crisis - mainly due to the Asian Crisis - which reduced the size of the company and generated a big debt. Thanks to high steel prices, the situation of the company is improving with the years. Nowadays, the company has a capacity of annual production of 835,000 tons of steelmaking, 615,000 tons of rolling and 67,000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Venezuelan Companies
Venezuela is a federal republic located on the northern coast of South America. Oil was discovered in the early 20th century and, today, Venezuela has the world's largest known oil reserves and has been one of the world's leading exporters of oil. Previously an underdeveloped exporter of agricultural commodities such as coffee and cocoa, oil quickly came to dominate exports and government revenues. The 1980s oil glut led to an external debt crisis and a long-running economic crisis. Inflation peaked at 100% in 1996. As (by 1998) per capita GDP fell to the same level as 1963, down a third from its 1978 peak. The recovery of oil prices in the early 2000s gave Venezuela oil funds not seen since the 1980s. A destabilized economy led to a crisis in Bolivarian Venezuela, resulting in hyperinflation, an economic depression, shortages of basic goods and drastic increases in poverty, disease, child mortality, malnutrition, and crime. Notable firms This list includes notable compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expropriated
Eminent domain (United States, Philippines), land acquisition (India, Malaysia, Singapore), compulsory purchase/acquisition (Australia, New Zealand, Ireland, United Kingdom), resumption (Hong Kong, Uganda), resumption/compulsory acquisition (Australia, Barbados, New Zealand, Ireland, United Kingdom), or expropriation (Argentina, Belgium, Brazil, Canada, Chile, Denmark, Finland, France, Germany, Greece, Italy, Mexico, Netherlands, Norway, Panama, Poland, Portugal, Russia, South Africa, Spain, Sweden, Serbia) is the power of a state, provincial, or national government to take private property for public use. It does not include the power to take and transfer ownership of private property from one property owner to another private property owner without a valid public purpose. This power can be legislatively delegated by the state to municipalities, government subdivisions, or even to private persons or corporations, when they are authorized by the legislature to exercise the functio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Caracas Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Companies Of Venezuela
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Of Venezuela
The currency of Venezuela has been in circulation since the end of the 18th century. The present currency unit in Venezuela is the Venezuelan bolívar. Pre-independence currency Peso = 8 Reales (silver) Escudo = 2 Pesos (gold) Venezuela shared the common Spanish-American monetary system, based on the silver peso and the gold escudo, which was used throughout Spanish America. Trade, especially in cacao, brought money to the colony in the late 17th century in the form of coin from the Mexico money supply, which increased significantly after the Compañía Guipuzcoana de Caracas obtained a trade monopoly in 1729, and Spanish and Spanish-American coin became a common form of payment. The prohibition on the circulation of American coin in Spain (May 4, 1754) resulted in coin from the Spanish mints returning to Spain. The Guipuzcoana Company then brought in a large quantity of cobs (''macuquina'') from the Lima, Potosí, and Mexico City mints. This cob coinage remained the coinag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Price Index
A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. Overview A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index (i.e. adjust for the effect of inflation) the real value of wages, salaries, and pensions; to regulate prices; and to deflate monetary magnitudes to show changes in real values. In m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ferrous Metallurgy
Ferrous metallurgy is the metallurgy of iron and its alloys. The earliest surviving prehistoric iron artifacts, from the 4th millennium BC in Egypt, were made from meteoritic iron-nickel. It is not known when or where the smelting of iron from ores began, but by the end of the 2nd millennium BC iron was being produced from iron ores in the region from Greece to India,Riederer, Josef; Wartke, Ralf-B.: "Iron", Cancik, Hubert; Schneider, Helmuth (eds.): Brill's New Pauly, Brill 2009Early Antiquity By I.M. Drakonoff. 1991. University of Chicago Press. . p. 372 and Sub-Saharan Africa. The use of wrought iron (worked iron) was known by the 1st millennium BC, and its spread defined the Iron Age. During the medieval period, smiths in Europe found a way of producing wrought iron from cast iron (in this context known as pig iron) using finery forges. All these processes required charcoal as fuel. By the 4th century BC southern India had started exporting Wootz steel (with a carbon co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital District (Venezuela)
The Capital District ( es, Distrito Capital) is a federal district of Venezuela. It has an area of 433 km2 and there is only one administrative division (''municipio''), Libertador, which contains about half of Caracas, the Venezuelan capital city, which is also the seat of the three branches of the federal government of Venezuela. The population in 2004 was 2,073,768. The District borders on the states of Vargas and Miranda. Government Formerly it had its own local government with a governor, but the constitutional reform of 1999 abolished the district government and created instead the Metropolitan District of Caracas, with jurisdiction over the territory of the District and also four adjacent ''municipios'' (Baruta, Chacao, el Hatillo and Sucre) in Miranda which all together form the city. On 13 April 2009, the National Assembly passed a law creating the figure of a head of government for the district which would be designated by the President. On 14 April 2009, Jac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lara, Venezuela
Lara State ( es, Estado Lara, ) is one of the 23 states of Venezuela. The state capital is Barquisimeto. Lara State covers a total surface area of and, in 2015, had a census population of 2,019,211. Toponymy The state is named after a notable hero of Venezuela's independence, General Jacinto Lara. History During the colony and a large part of the independence period, the current territory of Lara belonged to the province of Caracas. In 1824 it was absorbed by the Province of Carabobo, created that year. In 1832, after the disintegration of the Great Colombia, the region was disintegrated; it was then constituted in the Province of Barquisimeto, which included the cantons of Quíbor, El Tocuyo, Carora and Barquisimeto; besides others that conform today the state of Yaracuy. In 1856, through the new law of territorial division, San Felipe and Yaritagua joined Nirgua to form the Province of Yaracuy. It is in these towns, mainly in El Tocuyo and Barquisimeto, where the first li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Miranda (state)
Miranda State ( es, link=no, Estado Miranda, ) is one of the 23 states of Venezuela and the second most populous after Zulia State. As of the 2011 census, it had a population of 2,675,165 residents. It also has the greatest Human Development Index in Venezuela, according to the Venezuelan National Institute of Statistics (Instituto Nacional de Estadistica, Caracas). The most recent population estimate was 3,194,390 in mid-2016. Miranda is an important center for political, economic, cultural and commercial activities. The state is administered by a governor, and is sub-divided into 21 municipalities, each under a mayor. Miranda State covers a total surface area of . History Pre-Columbian history When the Spanish arrived, the region was inhabited by various Caribbean tribes. Among them were the Caracas, the Teques, the Cumanagotos, the Mariches and the Quiriquires. The Teques inhabited the southwestern part of Guaire. The Mariches inhabited the eastern part of the Caracas Valley ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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