Production Costs and the Future of InvestmentsThe high energy tariffs paid in Costa Rica compared to other countries in the region and the effects of the monopoly that exists in electricity generation are threats to the local economy and future investments.Tuesday, November 12, 2019
The alarms about production costs in the country went off weeks ago, after Vicesa, a company dedicated to the manufacture of glass products, announced in mid-October the dismissal of 254 employees working at the Cartago plant. The company reported that it made the decision because of the fall in sales and the slowdown of the local economy. Source: elobservadorcr.com ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Economic Growth, Business and CostsMarch 2021 High social charges, excessive regulations for businesses and the high price of labor are factors that prevent Costa Rica's economy from reaching its growth potential. The Two Sides of the Industrial SectorOctober 2019 While a group of manufacturing companies decided to reduce their operations in Costa Rica, arguing that local production costs are high, another group of companies in the sector decided to increase their investments. The Worries That Keep Businessmen Awake At NightFebruary 2018 The high cost of energy and the fiscal deficit are two of the problems that worry companies in Costa Rica, who also face an uncertain political scenario, a few weeks to go before a second round of elections. Vicesa Acquires Share in Vidrios PanameñosDecember 2009 Vidriera Centroamericana S.A. (Vicesa), a Costa Rican glass company, acquired 35.6% of Panamanian similar Vidrios Panameños (Vipasa).
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