Business: Acepar commercial area hit by request for contract to be terminated

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News - Tuesday, March 9, 2010

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Free Content of the day

* Acepar commercial area hit by request for contract to be terminated - Paraguay

The request made by Paraguay's government to terminate the contract that privatized steelmaker Acepar is causing problems in the company's commercial area, general manager Néstor Méndez told BNamericas.

"Especially with foreign suppliers, which have restricted credit," he said.

However, Méndez added that the biggest problem is the lack of legal security has completely stopped certain investments which were underway and slowed others.

Besides this, there is also a small group of workers who ar ... more
http://www.bnamericas.com/news/metals/Acepar_commercial_area_hit_by_request_for_contract_to_be_terminated1/177639623

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In-deph interview
* Cristian ReosAnalyst - Allaria LedesmaIn early 2010 Argentine steel industry association CIS said that is expects domestic market demand to recover, although it will remain below the levels seen in 2008. However, th... more

http://www.bnamericas.com/interviews/metals/Cristian_Reos_,Allaria_Ledesma,/177639623

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