Corporación Venezolana de Guayana explained

Corporación Venezolana de Guayana
Type:Conglomerates
State-owned enterprise
(Public)
Foundation:1960
Industry:mining and natural resources
Location:Guayana, Bolivar State, Venezuela
Homepage:CVG

The Corporacion Venezolana de Guayana (CVG) is a state-owned Venezuelan metal conglomerate, located in the Guayana Region in the southeast of the country. Its subsidiaries include the steel producer SIDOR, aluminium producers Alcasa, Venalum and gold mining Minerven.

In April 2023, Venezuelan attorney general Tarek Saab said that 51 people had been detained in connection with a corruption investigation at CVG and the state oil company PDVSA.[1]

External links

Notes and References

  1. News: Armas . Mayela . Buitrago . Deisy . 2023-04-05 . Arrests in Venezuela probe of oil company PDVSA climb to 34 . en . Reuters . 2023-05-07.