They fear chaos after "wear slowed" core business
Written by Maria de los A. Hernández / Photo: Guillermo Mora
Friday, 20 February 2009
"You can inject money millionaire but if not corrected the flaws
from the root in two or three months will resume the crisis," said
the businessman Pedro Lacure. Faced with the financial and
operational situation of enterprises, private sector leaders urged
the company to join the fight to rescue the industry from Guyana
Business leaders, concerned about the magnitude of the economic
crisis clothes to business basics, said on a visit to this means of
communication that the present situation of the industry is more
critical than it seems, the product of years of disinvestment and
lack of competition in the Venezuelan state.
Much has been said in recent months of an investment plan for the
rescue of the companies supervised by the CVG. While representatives
of small and medium industries and business houses have put on the
table the "Financial Aid", a proposal raised by the recovery of the
aluminum industry in the short and medium term; the Government's
response has been nothing but silence .

So, entrepreneurs Nancy Gomez and Pedro Lacure said that "in the
future of the companies is very delicate, is like a patient in
intensive care." However, recognize that it is a purely political
decision which escapes from the hands of the private sector.

"We must do a thorough review, we present the financial aid and we
have not received an answer, we must unite entrepreneurs,
organizations and civil society to discuss the crisis to come. What
we are seeing is the erosion slowed the aluminum sector, "said Gomez.

For his part, Peter Lacure mentioned the case of the aluminum
industry, whose plants produce little you need to honor labor and
suppliers. "We must adjust the cost according to the production ...
around that we have raised lines of action which include attention to
the problem of bad debt they have with service providers and
undertake investment. "

And no company can survive if their production costs exceed market
prices, making it necessary to earnestly direct and indirect payroll
and personnel services, through outsourcing companies, under a
framework agreement with workers and their unions.

Lacure appealed to the conscience of all elements of society to join
the fight to recover the engine of development in the region.

No Answer

Called the "Financial Aid", the proposal submitted in January by the
business lines and provides solutions in the short, medium and long
term would give a reprieve to the four aluminum Carbonorca, Alcasa,
Venalum and Bauxilum. So far neither the minister Mibam and CVG
president Rodolfo Sanz has been pronounced.

On the one hand, it is proposed triangulation surplus of finished
products from the four companies that make up the aluminum, or a
special line of credit that allows the cancellation of financial and
other "streamline costs, eliminating unnecessary cost and exogenous
to the productive process of each company. Reduce waste, defective
products, the reprocessing and re therefore require additional
efforts unnecessary employees, lowers product quality and greatly
reduce corporate profitability and ultimately improve the preparation
and training. "

"What is the urgent financial aid, the important thing, jump forward
to his recovery," the communique signed last month by the Association
of Industrial Metal and Mining Guiana (AIMM), the Chamber of
Industrial and Mining Guiana (Cimg) Fedeindustria Bolivar Chamber of
Commerce and Industry Caroní (Camcaroní) and the network of small and
medium enterprises.

Call to Conscience

"The economy of the region must be addressed with urgency, Guyana
requires our participation. When a company gives basic cough,
pneumonia, given all the other ... We are playing to collapse. "

"We do not want to believe they are playing for the erosion of
business, because that way the economy of Guyana will be sunk."

"Sustainability at the time of these companies is quite delicate.
Unfortunately we sat toward the precipice ... The inputs will
disappear. " Are phrases of entrepreneurs in Guyana.

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