The Arturo’s fast food chain, with extensive experience in Venezuela and entrenched in its clientele, was acquired by the Protinal-Proagro group, with which it maintains a solid commercial relationship as a supplier of inputs.

According to the exclusive published in Banca y Negocios, in addition to social networks, Carlos Fernández Gallardo, president of Protinal, informed that the fast food chain will be relaunched throughout the country, seeking to shore up the more than 70 branches that currently offer various chicken combos and other dishes to customers.

Fernández stressed that the companies have discussed a restructuring and relaunch plan “which was well received and will be the basis for the renewal of the brand.”

This is a well-thought-out decision, supported by the experience of Protinal-Proagro, a family business with 130 years of experience, which suggests that it is a bet beyond the short term.

This, in the midst of a potential recovery of the country at the hands of the private sector, as indicated by Fernández, who considers that planning should aim for 10 or 15 years.

The idea is to maintain the branches that Arturo’s currently has throughout the country, although the opening of other stores is not ruled out. The staff currently providing their services in the fast food chain have the respect of the Del Corral de Proagro group. In this regard, Fernández stressed that keeping the focus on work will be a guarantee of continuing with the company. “We like people to feel that they can have a career with us. We come to grow, to revitalize a leading company in its segment”, he said.

M. Pino

Taken and with information from Banca y Negocios

(Reference image source: bancaynegocios, through social network X)

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La entrada Arturo’s fast food chain was acquired by Protinal apareció primero en Bitfinance.

The president of Fedecámaras, Carlos Fernández, indicated at a press conference on March 1st that the organization’s 79th Annual Assembly will be held from July 20 to 23 in the city of Maracaibo, Zulia state.

The participants will analyze the current situation of the Venezuelan economy, as well as the prospects for recovery for 2023, despite the signs of stagnation and the inflationary crisis.

The call for participants, who will meet at the Tibisay hotel in Maracaibo, also includes the Expo-Fedecámaras 2023. “The participation of businessmen and union leaders from all over Venezuela and invited businessmen from other nations is expected, with the objective of that they invest in the country, that they bring their products back and trade is resumed,” Fernández said.

The “79th Annual Assembly, Road to the Future” will be the meeting point for specialists to analyze the development potential of the country in 2023.

Fernández indicated: “The rentier model has run out, and we have to establish a new economic, productive model that opens all spaces of economic activity to private participation, that favors the generation of more wealth, with a profoundly inclusive vocation.”

The press conference where the announcement was made was also attended by Ezio Angelini, president of Fedecámaras Zulia; the state governor, Manuel Rosales; the mayor of Maracaibo, Rafael Ramírez and the mayor of the San Francisco municipality, Gustavo Fernández.

M.Pino

Source: Hispanopost

(Reference image source: social networks)

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La entrada 79th Annual Assembly of Fedecámaras will be in Maracaibo apareció primero en Bitfinance.

The president of Fedecámaras, Carlos Fernández, indicated that the estimates for the closure of the private sector this year reflect a growth of 8 % compared to 2021.

“We believe that we are going to close the year with a recovery of the private economy close (of) between 8 % and 9 %. Perhaps the recovery of consumption is greater, and we hope that all the conditions are met with the authorization of credits, Fernández told the press.

According to the president of the largest employers’ association in Venezuela, this encouraging outlook for the end of 2022 and the beginning of 2023 is influenced by two fundamental factors: “the restart of operations in Venezuela by the American company Chevron and the flexibility of other companies in the oil and gas sector.

Likewise, the expert indicated that the informal dollarization of the economy in the Caribbean country also has a positive impact on these projections.

Fernández mentioned, however, issues that require attention, such as the employment sector, where “only 26 % of Venezuelan workers have a formal job”, which has made the country look “much more and more like the economies of low income”.

M.Pino

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Source: bancaynegocios

La entrada Fedecámaras predicts closure of the private sector with 8 % growth apareció primero en Bitfinance.

Carlos Fernández, president of Fedecamaras, pointed out that a meeting between the Venezuelan organization and the Colombian authorities is scheduled for next August 18 to discuss the possibility of “making a trade agreement between the two nations.” The main objective would be “to regulate trade at the border and the ‘temporary protection’ of certain products.”

In the midst of the search to resume relations between the two nations, Fernández has indicated that Fedecamaras is betting on a document that allows commercial opening, “depth in the agreements, the reestablishment of consular relations to process documents.”

Fernández aspires to the rescue of the existing interaction in the Andean community of nations, where it existed with the instruments and legal organisms to settle the differences between the members, norms and laws of intellectual property.

In an interview with the media outlet Unión Radio, Fernández emphasized the need to establish working groups between all the economic sectors that make life in the country, in which “possible Venezuelan products that can be marketed in the New Granadan country are proposed, and how tariffs will remain.

The president of Fedecamaras also mentioned pertinent issues that should be discussed, such as everything related to permits, freight transport with transit between both countries, temporary regulations, among others.

M.Pino

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Source: finanzasdigital

La entrada Fedecamaras will meet with Colombian authorities to propose a trade agreement apareció primero en Bitfinance.

The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecamaras), Carlos Fernández, assured that the State must allow the granting of bank credit for economic recovery.

“To reach a better dynamism in the economy, it will be essential for financial credit to return. It will be essential to obtain percentages equal to or greater than those estimated by the Executive. If there is no credit, it will be difficult to achieve those goals,” Fernandez emphasized.

The free market will stabilize the economy

This statement was made in reference to the one released by president Nicolás Maduro concerning an economic growth of more than 4% in Venezuela by 2022.

The president of Fedecamaras insisted that there is optimism towards the understanding of the importance of the free market for the stabilization of the economy.

Regarding Maduro’s assertion that an official dollarization will not take place, Fernández emphasized that the ideal in any modern financial system is that the current currency in dollars enters the bank and becomes productive credit.

Fedecámaras: Sin crédito financiero será difícil lograr metas planteadashttps://t.co/nTYAazHtoe

— FEDECAMARAS (@fedecamaras) January 17, 2022

Source: doblellave

La entrada Credit is essential to achieve growth, according to Fedecamaras apareció primero en Bitfinance.

Carlos Fernández, president of Fedecámaras, estimates that the private sector will register a growth between 1 % and 2 % compared to 2020, despite the absence of a public policy and strategies by the State directed towards the private economic sector from the country.

Fernández says that growth is difficult to explain due to economic limitations, such as the lack of stimulus and the absence of financial credits, as well as the general deterioration of all public services, the lack of fuel (diesel and gasoline). Nevertheless, almost all the sectors of the private economy have reported signs of recovery during the last semester of 2021.

For the maximum business leader, the operational limitations of the organizations have increased and the different economic agents have had to reinvest and be creative in the design and execution of different strategies to face and adapt to the reality of the country. They have implemented “more business models close to the market economy, far from income and the crutch of the state or any distortion created by state intervention ”, generating “a very interesting business model in a smaller market,” according to Fernández.

The representative of the businessmen considers that the months of November and December, which were decreed as flexible, becomes a great opportunity to demonstrate that it is possible to work as long as the biosafety measures and the deepening of the vaccination process for the population are complied with.

Elections stop dialogue

At the beginning of the year, the economic sector made a series of proposals to the government, before the Dialogue Commission of the National Assembly, which facilitated some exchanges between government representatives and the economic sector for some guidelines to boost the economic sector and leverage the economic recovery.

However, the political process and the elections of governors, mayors and municipal representatives paralyzed the work that had been carried out with the Dialogue Commission. “We are waiting for November 21 to pass to take up some proposals, launch a work methodology that, perhaps, can make the dialogue process a little more efficient,” indicated the president of Fedecámaras.

Fernández acknowledges that there is intention and good will on the part of the political sector, “but that in the end we have not managed to materialize it.”

 M. Rodríguez

Source: ambienteinteligente.com

La entrada Fedecámaras estimates a GDP growth of 2 % at the end of 2021 apareció primero en Bitfinance.