Nationalisation Of Bottle Producer Likely To Have Implications For Empresas Polar

The Venezuelan government of Hugo Chávez has fired a warning shot at the country's largest food producer Empresas Polar after accusing it of orchestrating a protest against the nationalisation of a major bottling firm. With the government keen to gain full control of the food industry in what we see as a misdirected effort to stem very high inflation, Empresas Polar has always looked in a vulnerable position. However, with the government now taking control of one of its major suppliers and accusing it of orchestrating protests, its status as an independent entity is looking increasingly

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