• Cielo Vista

Venezuelan company to furlough workers in Costa Rica

April 6, 2018

A Venezuelan state-owned aluminum firm has announced it wants to furlough more than 300 workers at its Costa Rica plant because of lack of raw goods to operate, Costa Rica’s Labor Ministry announced this week.

The situation is one more manifestation of Venezuela’s economic agony as it teeters on the brink of default and as its government scrambles to juggle its shrinking finances.

The Venezuelan army general in charge of the factory in Costa Rica, Noel Martinez, told a group of the workers on Tuesday that Alunasa had problems sending needed aluminum from Venezuela for the plant to operate.

He said he had asked Caracas for permission to source the metal from other markets.

According to Costa Rica’s Labor Ministry, the company issued a notification on March 22 that it wanted to suspend all but 40 of the workers at the plant because of the lack of raw materials.

The suspension would be for three months, the ministry said, adding that it was examining whether the request was justified.

The factory is located in Esparza, 60 kilometers (40 miles) west of the Costa Rican capital, San José. It is the principal employer in the town and its surrounding area.

Venezuela’s economy has sunk inexorably since 2014, when global prices for oil crashed. Venezuela is reliant on exports of crude.

Since then, hyperinflation has set in, basic foodstuffs and medicine have become scarce, and state workers have seen their work week shortened to save electricity.

Facebook Comments

You may be interested

Venezuelan embassy reopens in Costa Rica
News
4 views
News
4 views

Venezuelan embassy reopens in Costa Rica

Alejandro Zúñiga - May 21, 2019

María Faria, the Venezuelan Ambassador to Costa Rica, announced this week that the South American country's embassy in San José…

IACHR mission visits Costa Rica to evaluate protections for indigenous communities
Costa Rica
10 views
Costa Rica
10 views

IACHR mission visits Costa Rica to evaluate protections for indigenous communities

AFP and The Tico Times - May 21, 2019

Representatives of the Inter-American Commission on Human Rights (IACHR) began on Monday a visit to Costa Rica to supervise protection…

Fishing for the next generation in Quepos
Sponsored content
8 views
Sponsored content
8 views

Fishing for the next generation in Quepos

Scott Cutter / Marina Pez Vela - May 20, 2019

Having completed the 20th edition of the Offshore World Championship in May, and the 7th edition of this iconic event…

Do NOT follow this link or you will be banned from the site!