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Post by scumbuster on Jun 20, 2016 5:55:55 GMT -5
Armed Group Seize Facility Belonging to Venezuela’s Polar Consortium CARACAS – One of the facilities of Empresas Polar, Venezuela’s largest food company and the brewer of 80 percent of the country’s beer, was seized by an armed group on Sunday, the company said. “A group with firearms, we don’t know to which organization they belong or who they are, entered the facilities of the Polar Breweries in Catia and continue to remain inside,” a source from Polar, who requested anonymity, told EFE. Earlier, the company said on its Twitter account that some 80 people had broken into the company’s site in Catia, located west of Caracas, early Sunday, after the security guards were subdued. In another tweet the company said that its legal representatives have not been able to enter the site since “they are under the control of armed people.” Polar, which has already reported the incident to the Attorney General’s Office, said authorities had not yet reached the site to “restore order.” Production in the company’s four breweries has been suspended since April 29 because of a shortage of raw materials, due to a lack of hard currency the conglomerate had requested from the government to acquire materials. Venezuelan President Nicolas Maduro’s administration has threatened to take over companies that are not producing enough. On June 1, Polar announced it had acquired a loan to buy the raw materials needed to restart beer production and hoped to start operations during the first week of July. laht.com/article.asp?ArticleId=2414592&CategoryId=10717
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Post by suba on Jun 20, 2016 11:46:19 GMT -5
"Polar, which has already reported the incident to the Attorney General’s Office, said authorities had not yet reached the site to “restore order.”"
I think Polar are about to find out that the guys with the guns and the masks are in fact the "authorities".
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Post by scumbuster on Jun 20, 2016 12:15:34 GMT -5
This is why once Maduro is gone it will take a long time to lure companies back into Venezuela. No one will want to risk factories to the whim of the Venezuelan electorate. Lets not forget that they are now getting the fruits of there votes for Chavez.
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