Three Tobacco Companies Close in Honduras
The closing of Raíces Cubanas and Tabacaleras Unidas tobacco companies, among others, in the communities of Danlí y Paraíso, has left 3,500 unemployed.
Friday, April 17, 2009
Miguel Angel Berrios, president of the Chamber of Commerce and Industry of Danlí said that the economic impact caused by the closing of these factories is still unknown.
The increase could impact the tobacco industry in Estelí, Nicaragua, which generates about 25 thousand direct and indirect jobs.
Conflicting decisions by the courts have discouraged investment by the firm Cementos David in Costa Rica.
Korean owned SAE International has announced it plans to close one its five factories in Guatemala due to a mix of poor sales to the USA and high Guatemalan labor costs.
The "First Tobacco Festival 2009, Flavor and Aroma of Nicaragua", will take place on the first week of December.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar