Far from politics, De Narváez will invest 300 million US dollars in Uruguay



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The former opponent decided to move away from the country and concentrates his new projects in a more predictable context for companies, like the neighboring country.

Far from politics, Francisco de Narváez plans to expand his investments in Uruguay, where he owns the Ta-Ta and Multi Ahorro Hogar chains, the San Roque pharmacy network, the Rapsodia clothing brand and the Woow e-commerce website. ! ..

His new project, the chain Motociclo stores, plans to spend an additional $ 300 million in the neighboring country.

"We are not interested in buying cheap companies or because they look good to us." We buy companies because they make the logic to better solve the needs of Uruguayans, "he said. declared to the newspaper El País. Up to now, his group has already injected nearly $ 300 million into the Uruguayan market.

Consulted when buying WoOW ecommerce site! and Motociclo businessman explained: "We have been working in Uruguay for over 60 years and you can imagine what the future will look like in the long run." Sometimes things ripple a bit, but Uruguayans and Uruguay are reliable and that's what you need to know how to project.

In addition to reliability, the former politician emphasizes as an advantage the fact that he a leadership that has a common north, Of course, you have to handle absolutely logical and necessary conflicts.

"We are actively working with the union, which we believe truly defends the interests of our employees while defending them, but overall, it is not antagonistic," he said.

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