2001News

RD$800 million investment for President Beer company

The Cervecería Nacional Dominicana, brewers of Presidente Beer, announced an investment of RD$800 million in the next three years to continue their modernization process and internal reforms to better prepare the company to compete in export markets. The company announced that the money will be invested in modern equipment, machinery for production, the purchase of …
2001News

Mexican company sells out to Dominican Pringamosa

The Consorcio Azucarero del Caribe (Conazucar), the Mexican sugar consortium, announced the sale of the mills it had acquired after winning a privatization tender to Pringamosa, a Dominican capital company. Pringamosa already operates other sugar mills it acquired in the same tender. Consorcio will pass for US$8 million the Haina, Ozama, Boca Chica, Consuelo and …