- Sivensa
Infobox_Company
company_name = Siderúrgica de Venezuela, S.A.
company_logo =
company_type =Private company
company_slogan =
foundation =1948
location = Caracas, Venezuela.
industry =Steel Holding
products =Steel
revenue = profit US $ 868 million (2007 )
net_income = profit US $ 77 million (2007 )
operating_income = profit US $ 81 million (2007 )
parent =
subsid =International Briquette Holding Siderúrgica del Turbio, S.A.
num_employees = 2800 (2008 )
homepage = [http://www.sivensa.com SIVENSA Web Page]
foot_notes =Siderúrgica de Venezuela S.A. (Sivensa) is the biggest - wholly private - Venezuelan steel corporation. Founded in 1948, it has grown considerably to be after, Sidor, Venezuelan largest steel and associated products producer. In 1998, Sivensa suffered a strong crisis - mainly due to the Asian Crisis - which reduced the size of the company and generated a big debt. Nowadays it has two main divisions, IBH, International Briquette Holding, which sells briquettes and iron pellets;
Sidetur , which sells steel. Thanks to high steel prices, the situation of the company is improving with the years. "The subsidiaries of Sivensa have national presence; their nine operating plants are located in the states of Bolivar, Carabobo, Miranda, Lara and the Federal District. Additionally, Sidetur has 14 ferrous material collection centers located in various cities."See Also
Siderúrgica del Turbio S.A. (Sidetur)
External Links
* [http://www.sivensa.com SIVENSA Webpage]
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