Costa Rica Could Concession National Liquor Factory

The National Production Council is considering using a concession to manage the National Liquor Factory, known as FANAL.

Tuesday, August 13, 2013

The Board of the National Production Council (CNP by its initials in Spanish) has requested the National Concessions Council's opinion on the subject.

Nacion.com reports: "The National Liquor Factory (Fanal) is a subsidiary of CNP. Currently, the factory transfers to the Council about $400,000 a month from its profits, for operating expenses. "

According to executive chairman of the CNP, William Barrantes, the Concessions Council considered that under current CNP law it would be possible to cede Fanal, although there is a plan to change the rules in order to modernize the institution.



More on this topic

Growing Demand in Europe for Costa Rican Liquor

November 2013

In the last four years exports of distilled spirits and ethyl alcohol to Europe have tripled.

Improvements in both the quality and productivity have allowed Costa Rican companies to increase their presence not only in America but also in Europe.

Elfinancierocr.com reports: "Interestingly, on the website of Economics Trading Indicators - used as a reference by the Costa Rican Oil Refinery (Recope) - it states that the international prices of ethanol (ethyl alcohol) decreased 16.6 % in the last 12 months " . This means that despite the drop in prices, Costa Rican exports increased.

Call for Veto of Liquor Tax Law

February 2013

The implementation of the recently approved law in Panama will affect trade and the tourism sector in particular.

From a press release issued by the Panamanian Association of Business Executives (APEDE):

The Panamanian Association of Business Executives today appealed to the president Ricardo Martinelli, to preserve free enterprise, have respect for legal certainty and increased investment for the private sector, by vetoing, because of its undesirability, bill 559, which amends articles of Law 45 from 1995 on the excise tax on alcoholic beverages, recently approved by the National Assembly.

Advantages of Being a Productive State Official

October 2012

In the Costa Rican National Development Corporation, there are 130 expendable personnel whose salaries are greater than $2,300 a month.

An article in Nacion.com quotes Wlliam Barrantes, the chief executive of the National Production Council (CNP), who manages the National Liquor Factory (Fanal), and runs the Institutional Supply Program (IAP), which sells food to ministries such as Justice (prisons), Security (police) and the Social Security Department (hospitals).

El Salvador: National Concession System

March 2011

The union of private companies submitted a proposal for the creation of a national concessions system.

The National Association of Private Enterprises (ANEP) stated that through a working concession mechanism, the country can attract foreign investment for road infrastructure projects, telecommunications, energy, logistics, etc.

 close (x)

Receive more news about Beverages

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Jan 28)
Brent Crude Oil
55.11
Coffee "C"
127.55
Gold
1,838
Silver
25.075