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Corporación Venezolana De Guayana
The Corporacion Venezolana de Guayana (CVG) is a state-owned Venezuelan metal conglomerate, located in the Guayana Region in the southeast of the country. Its subsidiaries include the steel producer SIDOR, aluminium producers Alcasa, Venalum and gold mining Minerven. In April 2023, Venezuelan attorney general Tarek Saab said that 51 people had been detained in connection with a corruption investigation at CVG and the state oil company PDVSA Petróleos de Venezuela, S.A. (acronym PDVSA, , English language, English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as e .... References External linksOfficial Website Conglomerate companies of Venezuela Government-owned companies of Venezuela Conglomerate companies established in 1960 Venezuelan companies established in 1960 Venezuelan brands {{Venezuela-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate Companies Established In 1960
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky, between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Venezuela
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate Companies Of Venezuela
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky, between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PDVSA
Petróleos de Venezuela, S.A. (acronym PDVSA, , English language, English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. Since its founding on January 1, 1976, with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter. Oil reserves in Venezuela are the largest in the world and the state-owned PDVSA provides the government of Venezuela with substantial funding resources. Following the Bolivarian Revolution, PDVSA was mainly used as a vital source of income for the Venezuelan government. Profits were also used to assist the presidency, with funds directed towards allies of the Venezuelan government. With PDVSA focusing on political projects instead of oil production, mechanical and technical statuses deteriorated while employee exp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tarek Saab
Tarek William Saab Halabi (, ; born 10 September 1962) is a Venezuelan politician, lawyer, and poet. He was a leader of the Fifth Republic Movement (MVR) party founded by Hugo Chávez, President of Venezuela, who publicly called him "The poet of the revolution". He was the Governor of Anzoátegui from 2004 to 2012, and a member of the Committee for Justice and Truth since 2013. In December 2014, he was elected "People's Defender", or Ombudsman, by the National Assembly for 2014–2021 term. On 5 August 2017, the National Constituent Assembly appointed him as Attorney General in substitution of Luisa Ortega Diaz. Early life and education Tarek William Saab was born on 10 September 1962 into a family of Lebanese merchants. Saab began his Law School studies in 1985 in Santa Maria University, but for undisclosed reasons he did not graduate in the regular 5 years (his class was graduated in 1990), but graduated as an attorney in 1992. Career After Hugo Chavez took office he was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CVG Minerven
CVG may refer to: Businesses *Corporación Venezolana de Guayana, a mining conglomerate (formed 1960) *Convergys, a software company (1998–2018) * Carrill Aviation, an airline Places *Central Valley Greenway, a route in Canada *Cincinnati/Northern Kentucky International Airport, United States Other uses *Cutis verticis gyrata, a condition of the scalp *''Computer and Video Games ''Computer and Video Games'' (also known as ''CVG'', ''Computer & Video Games'', ''C&VG'', ''Computer + Video Games'', or ''C+VG'') is a British-based video game magazine, published in its original form between 1981 and 2004. Its offshoot web ...'', a British gaming magazine * Coriolis vibratory gyroscope {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcasa
''C.V.G. Aluminio del Caroní S.A.'', known as Alcasa, is a state-owned aluminium producer in Venezuela. Founded in 1960, it began operations in 1967. It is part of the Corporación Venezolana de Guayana mining company, and one of the world's largest aluminium producers. In 1999, it had around 9000 employees. The Venezuelan government had sought to privatize Alcasa in 1998, but the investors pulled out citing world market conditions.Raymond Colitt, ''Financial Times'', 2 November 1999, "COMMODITIES & AGRICULTURE: Venezuela in fresh approach to aluminium privatisation : After many setbacks the government wants to sell the industry in several blocks with different strategies" In 2005, the BBC reported that Alcasa had instituted a " co-management" initiative, with workers electing managers and participating in the budgeting process, as well as being involved in decisions on technical issues related to production. The experience was evaluated negatively by President Nicolás Maduro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guayana Region
The Guayana Region is an administrative region of eastern Venezuela. Historically called Spanish Guiana or simply Guayana, the region is made up of the states of Amazonas, Bolívar, and the south of Delta Amacuro. History In the 1970s, after the process of forming the Political-Administrative Regions through in the government of Rafael Caldera, the Region of Guyana was formed. It was originally composed of Bolívar State and Delta Amacuro State (at that time it had the status of a Federal Territory). The Amazonas State (called ''Territorio Federal Amazonas'') was the only one that made up the so-called ''Southern Region'' (Región Sur). In the following decade, following a legal reform, the state of Amazonas was integrated into this region. Geography The region has a population of 1,383,297 inhabitants and a territory of , slightly over half the area of the whole country. During the colonial period until the early 18th century, it was known as Spanish Guiana. It b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
