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Did Cristina Kirchner's trip in 2012 open? It seems like no. Arcor has already exported to Angola more than a decade ago and has now decided to set a factory foot in this African Portuguese – speaking country and about 24 million of them. inhabitants
. Local called Webcor dedicated to food (oils, milk powder, canned foods), among other businesses, such as supermarkets and is one of the leading distribution companies in this country. In fact is the company that currently distributes the products to Arcor
Between the two companies will shell out $ 45 million in a first step, the half of which will be placed by Arcor, to build an industrial factory of sweets and biscuits, Arcor informed the Stock Exchange.
In the factory, Arcor would produce the famous Bon-O-Bon, lollipops and biscuits. Until now, the company of Cordoba has only extended its industrial production to the countries of Latin America. And Luis Pagani, the CEO of the company, has long had the idea of setting up a manufacturing foot in Asia.
According to Pagani at the last meeting of the Board of Directors on Wednesday, when he presented the Angola project, the idea of the factory is "to get a competitive advantage over to the variables of cost and distribution, to increase volumes Angolan market ". In addition, it will export to Congo, Namibia, Zambia and Botswana.
The project is linked to Angola giving the new company tax benefits and the Angolan authorities approve the project and the repatriation of funds. The General Manager and the Industrial Director will be appointed by Arcor, while the Chief Financial Officer will be appointed by Webcor.
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