1996 – Page 112

Mr. Guillermo Guerra and Wilfredo Velazquez, executives of the banana company Agroindustria Los Lagos, said that the 55,000 tonnes banana quota fixed by the European Union is insufficient. “55,000 tonnes is only 50 percent of the total banana production of the country,” said Mr. Velazquez. He added that their total crop is sold to Chiquita …

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The fertilizer manufacturers say that “we have had to increase the prices of our products because of the higher international cost of the main raw material we use.” The Federacion Dominicana de Caficultores condemned an increase of 30 to 40 percent in fertilizers. Mr. Eusebio Guzman, president of Adocafe asked for a convincing explanation from …

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Ten percent of the of the 800 builders’ merchants in the country went out of business in 1995. This news was published in the newspaper Hoy which adds that “1995 was considered a critical period for stores that sold items for the construction industry, such as cement, paint, nails, wood, steel, etc. Mr. Bienvenido Santana, …

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During 1995, Proteinas Nacionales exported goods to a value of RD$98 million to Cuba. According to the supplement Negocios published the newspaper Hoy, the items are shipped weekly by boat to Cuba from Puerto Plata. The business is transacted via a European company. Other products exported to Cuba include detergents, all kinds of soap, and …

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A total of 4,500 employees from 30 factories lost their jobs in 1995 in the Haina industrial. According to the newspaper El Siglo, among the factories that closed down were a plastic shoe manufacturer, another making leather shoes, and a cassette factory. Mr. Federico Gomez, president of the Asociacion de Industrias de Haina, said that …

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Mr. Julio Cross, executive director of the Asociacion de Concesionarios de Vehiculos de Motor, told the newspaper Hoy that “1995 was the worst year in the history of vehicle sales in the country. Every year sales were around RD$4,500 million; this year, however, they were down by 60%.” He added that “in 1993, 15,000 vehicles …

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