From todays news...
US$17.2 million more for signs already paid for?
The contract has been awarded to the Spanish firm of Ingetec Europa, which is being described as a ?ghost company? for its dubious merits in the industry. Ingetec Europa has no track record of previous sign installation nor has it performed any kind of construction work in the past. Interestingly enough, however, the company has the same address in Spain as four other companies that have obtained profitable contracts from the Dominican government: Eurofinsa (US$49.1 million), Riogersa (US$106.9 million), Suministros y Equipamientos Medicos Vitaria (US$26.9 million) and CCL Peninsular (US$20.9 million).
US$221 million in total. Not bad for a company with no employees and a brass plaque as an address.
Let them eat yucca!
US$17.2 million more for signs already paid for?
The contract has been awarded to the Spanish firm of Ingetec Europa, which is being described as a ?ghost company? for its dubious merits in the industry. Ingetec Europa has no track record of previous sign installation nor has it performed any kind of construction work in the past. Interestingly enough, however, the company has the same address in Spain as four other companies that have obtained profitable contracts from the Dominican government: Eurofinsa (US$49.1 million), Riogersa (US$106.9 million), Suministros y Equipamientos Medicos Vitaria (US$26.9 million) and CCL Peninsular (US$20.9 million).
US$221 million in total. Not bad for a company with no employees and a brass plaque as an address.
Let them eat yucca!