Econorte receives okay to restart toll charges in Jacarezinho - Brazil
Econorte receives okay to restart toll charges in Jacarezinho - Brazil
Sunday, July 6, 2008
(BNamericas.com) - Brazilian highway concessionaire Econorte has received authorization from the regional federal court to restart toll charges on the stretch of the BR-369 highway located in Paraná state's Jacarezinho city, Triunfo Participações e Investimentos (TPI) investor relations manager Ana Carvalho told BNamericas.
An injunction had been granted by the local court as a result of complaints from local residents regarding the toll rates.
Federal judge Silvia Maria Gonçalves Goraieb suspended the injunction which had prevented toll charges within the city limits, as they are stipulated in the concession contract.
Econorte is a subsidiary of TPI (Bovespa: TPIS3 - NM)....
Autopista do Pacífico awarded concession for access road to Arturo Merino Benítez airport - Chile
Sunday, July 6, 2008
(BNamericas.com) - Chile's public works ministry (MOP) has awarded the concession of a new highway access to capital Santiago's Arturo Merino Benítez international airport to firm Autopista do Pacífico, MOP communicatio... more
Ternium: Sidor nationalization could affect group's market presence - Venezuela
Sunday, July 6, 2008
(BNamericas.com) - Steel group Ternium (NYSE: TX) believes that the nationalization of its Venezuelan steelmaker Sidor will affect the group's competitive position in regional markets, Ternium said in its annual consoli... more
BB moves one step closer to taking over Banco do Piauí - Brazil
Sunday, July 6, 2008
(BNamericas.com) - Brazilian federal bank Banco do Brasil (BB) has moved one step closer to taking over state bank Banco do Piauí (BEP).
The federal government said it excluded BEP from its privatization program thu... more
CND approves bidding process for BR-324, BR-116 highways in Bahia - Brazil
Sunday, July 6, 2008
(BNamericas.com) - Brazil's national privatization council (CND) published a resolution in the official gazette approving the general conditions in the bidding process for the Bahia state stretches of the BR-324 and BR-... more
PDVSA's Dación payments to Eni reach US$230mn - Venezuela
Sunday, July 6, 2008
(BNamericas.com) - Venezuela's state oil company PDVSA as of March 31 had paid Italian major Eni US$230mn for its nationalized interest in the Dación field, PDVSA said in its first quarter financial report.
The two ... more
OHL approves US$417mn in loans for its concessionaires - Brazil
Sunday, July 6, 2008
(BNamericas.com) - The board of the Brazilian branch of Spanish construction company and tollroad operator OHL approved loans totaling 670mn reais (US$417mn) for concessionaires, local news service Agência Estado report... more
Sabesp looks to energy sector, signs agreement with Emae - Brazil
Sunday, July 6, 2008
(BNamericas.com) - "Article 63 anticipates the company's entry into the energy sector," São Paulo state water utility Sabesp (Bovespa: SBSP3; NYSE: SBS) president Gesner Oliveira was quoted as saying by local paper Valo... more
Entel launches new commercial campaign after nationalization - Bolivia
Sunday, July 6, 2008
(BNamericas.com) - Bolivian fixed line operator Entel has launched a new commercial campaign after being nationalized by the government last May.
According to the presidential office, company interventor Joél Flores... more