Venezuela

Venezuelan Rum Maker Offers Shares In Hope Of China-Style Transition

Rum distiller Ron Santa Teresa has launched Venezuela's first public share offering in 11 years, citing rare optimism that the socialist-ruled nation may s...

In Hungry Venezuela, Food Producers Step Up Exports To Survive

Shrimp farming is booming in the western Venezuelan city of Maracaibo, but little of the shellfish is destined for tables in this malnourished nation. A...

Smurfit Kappa Sees Revenue Up 4% In Full-Year 2018

Packaging firm Smurfit Kappa has posted revenue growth of 4% in its full-year 2018, to €8.95 billion. The business said that its EBITDA for the yea...

Full Year Net Revenue Down At Dairy Giant Parmalat

Italian dairy firm Parmalat has posted a 6.9% decrease in net revenue in full-year 2018, to €6.23 billion, while EBITDA was down 11.5% to €401.3...

Smurfit Kappa Deconsolidates Venezuelan Unit Following State Seizure

Ireland's Smurfit Kappa will deconsolidate its Venezuelan arm following its temporary seizure by the state last month, resulting in a €60 million writ...

Smurfit Kappa Denies Venezuelan Government's Allegations Against Its Local Unit

Paper packaging company Smurfit Kappa Group on Thursday denied allegations made against its Venezuelan unit by the Venezuelan government. Vene...

Venezeulan Government Announces 'Temporary Occupation' Of Smurfit Kappa Unit

The Venezuelan government has announced a 'temporary occupation' of a unit of paper company Smurfit Kappa, claiming that the business has 'abused its domin...

Parmalat Posts Net Profit Growth In H1, Despite Revenue Declines

Dairy giant Parmalat has closed the first half of 2018 with a net profit of €39.9 million, up 30.4% compared to a year ago. Net revenue, however, f...

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Venezuela

Venezuelan Rum Maker Offers Shares In Hope Of China-Style Transition

In Hungry Venezuela, Food Producers Step Up Exports To Survive

Smurfit Kappa Sees Revenue Up 4% In Full-Year 2018

Full Year Net Revenue Down At Dairy Giant Parmalat

Smurfit Kappa Deconsolidates Venezuelan Unit Following State Seizure

Smurfit Kappa Denies Venezuelan Government's Allegations Against Its Local Unit

Venezeulan Government Announces 'Temporary Occupation' Of Smurfit Kappa Unit

Parmalat Posts Net Profit Growth In H1, Despite Revenue Declines

Venezuela Reactivates Kellogg Plant After Company Pullout

Kellogg Pulls Out Of Venezuela Due To Economic Crisis

Kimberly-Clark Looks To Begin Arbitration Against Venezuela

Sugar So Scarce In Venezuela That Coca-Cola Will Stop Production