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Chronology of nationalization and expropriation in Venezuela

policy of nationalization and expropriation in Venezuela totaling more than 200 companies involved primarily in energy, agribusiness, telecommunications, steel, banking, food and construction now. The same estáorientado in these sectors under the premise that "strategic" for the national economy and the course order to achieve "sovereignty and independence of production, food, energy, financial or constructive, under the precepts of socialist production", reaching the opposite of these supposed goals. The consequences of this process of systematic expropriation, together with price controls, foreign exchange and tax has been strong pressure greater reliance on imports, lack of raw materials, shortages of some items and a growing divestment of productive activities in the country, coupled with a raising of capital by an oversized and inefficient state management to political criteria, populist, sectarian and hegemonic.

The evolution of this process is shown below, in a sort of red list which is fed daily.

Year 2010

• Textile Silka, November 07
• Asher, CA, carrier, November 05
• Decree Sambil compulsory acquisition of La Candelaria, 03 November
• Siderurgica del Turbio (Sidetur), 6 sets urban expropriation of paralyzed, "occupation 8 temporary housing complexes and special protection measures to 19 urban joint , October 31.
• Owens Illinois, a world leader in the manufacture of glass containers for beverages, food, medicines and cosmetics. October 25
• Veneoco Industries, CA, Quimica Venoco, National Lubricating Grease, Additives Oricon de Venezuela, CA (Adinov) Venoco Lubricants International, CA, Technical Services Administrative Venoco, CA, Promotora Venoco, and Nationalization Fertilizer Fertinitro (joint venture in partnership Koch with 35% of U.S. capital, Italian Snamprogetti, 20% of the shares and 45% Pequiven). October 10
• Agroisleña distributor of products for the field, with 82 outlets and 8 silos across the country. October 3
• 11 oil drills from Helmerich & Payne (H & P) June 24
• Aventuy International Packaging, manufacturers of aluminum and cardboard packaging for food, respectively. It was further decreed the expropriation of the National Industrial Company of hardware and nine shops. June 6
• National Mills Trading Company (Monaca), May 13, 2010.
University
• Santa Ines, Barinas, May 12
• Sheds Empresas Polar, April 27
• 80 percent shareholding Cativen Company, owner of Success and d Hypermarkets Each car markets. French group Casino. February 13
• buildings in downtown Caracas to "recover its historical value." February 7
• 6 Success chain markets. 20 January
• expropriation notice Sambil Mall La Candelaria, 19 January

Year 2009

• Two sugar mills as a step towards expropriation. October 21
• Hilton hotel chain, October 13
• Margarita Hilton Hotel Complex, October 14
• Banco de Venezuela Grupo Santander, 3 July.
• GasPIGAP Compressor Plant II, Williams Companies Inc, May 21
• Matesi Comsigua, Orinoco Iron, Venprecar (metallurgical enterprises) and manufacturer of seamless steel tubes, with Japanese capital, Mexican, European and Australian, 21 May
• Cargill, U.S. MNC, May 15
• 10,000 hectáreas.10 May.
• Nationalization 60 oil companies complementary activities (transport, water injection, steam or gas) in the lake Maracaibo, May 8.
• Aeropostal, March 26.
• Solar Coca-Cola Femsa, March 18
• Cargill, rice processing plants, March 4
• 1,500 hectares of land in the trash multinational Smurfit Irish Kappa, ... March 6
• Port of Maracaibo and Puerto Cabello.15 March.
• 1,500 hectares of land from the Irish multinational Smurfit Kappa paper, March 6

Year 2008

• gold mine Las Cristinas, operated since 2002 by the Canadian company Crystallex, November 5
• internal transport fuel 27 August.
• Lafarge, Holcim and Cemex. August 18 to 19
• Nationalization of Banco de Venezuela, July 31
• Sidor, Ternium italoargentino Techint Group. April 9.
• Nationalization of the entire cement industry of the country. April 3
• cold chain and Dairy Los Andes, 14 March.
• Thirty-two oil fields in the Orinoco Belt, January

Year 2007

• Nacionalizalición of CANTV, increased to 92.98% state participation in Electricidad de Caracas pathway (OPA). May.
• oil fields in the Orinoco Belt, to joint ventures with state majority, 1 May.
• Seneca Electric Company, February

Chronological Diputadomiranda taken from @ base, Twitter.