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Venezuela: Venepal was nationalised to Invepal

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Published in issue 6/2005
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On 19 January, Venezuela’s government decided to create the new state-owned company Industria Venezolana de la Pulpa y el Papel (Invepal S.A.) from the insolvent paper manufacturer Venepal. María Cristina Iglesias, Venezuela’s minister for employment, said the state owns 51% of the shares in Invepal, whilst the ...

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