Seizures | Agribusiness sector is mostly stricken
A total of 623 "attacks" on companies in nine years
Based on the numbers supplied by the National Council of Industries (Conindustria), 70 percent of the State action against private parties materialized in 2009-2011
Economy
From January 2002 to January 2011, 623 attacks on business property have been recorded, as estimated by the Venezuelan Council of Industries (Conindustria).
"Between 2005 and 2005, 14 attacks were perpetrated on private property; one in 2006; 126 in 2007; the following year, it lowered to 25. In 2009, there were 139 events; 287 in 2010 and thus far in 2011, the number is 31 events," Conindustria broke down in a press release.
Based on this count, seizures and State appropriation of formerly private assets have escalated over the past two years. "Interestingly, 70 percent of these records have been generated in 2009-2011."
Agribusiness, food and metallurgy are the most damaged sectors by the State move.
Roberto Deniz
EL UNIVERSAL
