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- Mexichem acquires PVC pipe producer.(News)
- Byline: Stephen Downer Mexican PVC and specialty chemicals maker Mexichem SAB de CV has agreed to acquire PVC pipe maker Tubos Flexibles SA de CV from Mexican industrial giant Grupo Carso SAB de CV. The Mexico Stock Exchange posted news...
- Research articles 2008-03-24
- Grupo Industrial Camesa
- GRUPO INDUSTRIAL CAMESA, a Mexican mining and chemical company, agreed to buy Primex, a Mexican PVC plastics maker, from subsidiaries of Mexican conglomerate Grupo Carso. Terms of the sale were not disclosed.
- Research articles 2005-03-01
- Grupo Carso stretches out into energy sector.
- MEXICO CITY, Feb 25, 2005 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Carso, owned by Mexican business tycoon Carlos Slim, is now involved in the energy sector, after it created the new firm Swecomex, which will be in charge of infrastructure works...
- Research articles 2005-02-25
- Slim, Carlos 1940–
- Carlos Slim 1940– Former chairman, Telmex Nationality: Mexican.Born: 1940, in Mexico.Education: National Autonomous University of Mexico, BS.Family: Son of a merchant and realtor name unknown; widowed (wife's name unknown); children: six.Career: Grupo Carso, ?–1998, chairman; Telmex, 1990–2004, chairman.■ Carlos Slim used his holding company Grupo Carso to become involved in...
- Research articles 2005-01-01
- Grupo Carso sells stocks.
- MEXICO CITY, Dec 30, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's biggest conglomerate, Grupo Carso has sold all of the representative shares it owns in Grupo Pimex. The deal was carried out through the subsidiaries Grupo Condumex and Xignux Electrica, which...
- Research articles 2004-12-31
- Carso figures much improved.
- MEXICO CITY, Nov 01, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The conglomerate Grupo Carso, which operates nine lines of business in retail, industry and consumption, saw its net profits rise by 134% year-on-year in the first nine months of the year,...
- Research articles 2004-11-01
- Slim named businessman of the decade by Latin Trade.
- MEXICO CITY, Nov 01, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Carlos Slim Helu, president of Grupo Carso Gcarso and Telefonos de Mexico Telmex, was recognized as the business leader of the decade by the magazine Latin Trade.The publication explained that the...
- Research articles 2004-11-01
- Mexico: Carso continues restructuring.
- Mexico, Oct 29, 2004 (El Economista/SABI via COMTEX) Grupo Carso, a conglomerate with business in retailing, manufacturing, and consumption, reports from Jan - September 2004 net profits of Pesos$3,385mil (Pesos$1,443mil in 2003). Carso continues restructuring, with the subsidiary Condumex (telecom wires, copper wires)...
- Research articles 2004-10-29
- Grupo Carso to strengthen industrial activities.
- MEXICO CITY, Oct 20, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Carso will reinforce activities in its industrial subsidiaries rather than focus on its other businesses, given the success of its oilrig production through Swecomex, which is operated by Condumex, according...
- Research articles 2004-10-20
- Workers of Servicios Corporativos Frisco go on strike.
- MEXICO CITY, Jun 02, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mining company Servicios Corporativos Frisco, owned by Grupo Carso, is facing difficulties with its National Mining and Iron and Steel Worker's Union after it refused to raise salaries this year. The...
- Research articles 2004-06-02
- Grupo Carso improves Q1/2004 performance.
- Mexico, Apr 30, 2004 (El Economista/SABI via COMTEX) Grupo Carso (railroads, retail trade, cooper wiring, chemicals mining, food etc) reports net profits of Pesos$930.7mil over Q1/2004 (Jan - March), 94,5% up than Q1/2003, and an income of Pesos$14,983mil, 12,6% higher. The company also completed...
- Research articles 2004-04-30
- Carso reports solid financial results in first quarter.
- MEXICO CITY, Apr 30, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Carso reported solid growth in its industrial and commercial activities during the first quarter of 2004 with net profits of 930.7 million pesos (US$81.52 million), 94.5% more than in the...
- Research articles 2004-04-30
- Carlos Slim steps down as the head of Telmex.(Mexico)(Telefonos de Mexico S.A. de C.V. president steps down)(Brief Article)
- Carlos Slim, the controlling shareholder of Grupo Carso, which is the majority shareholder of Telmex, stepped down as the president of the company's advisory board. Slim was named honorary president and was succeeded by his son Carlos Slim Domit. The shareholder of Telmex ratified the other...
- Research articles 2004-05-01
- Fox responds to Slim: Economic model does work.
- MEXICO CITY, Mar 25, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- President Vicente Fox has reproached businessman Carlos Slim over his criticism of the inefficiency of the economic model, pointing out that under the current system, Grupo Carso companies have been among...
- Research articles 2004-03-26
- Slim criticizes macroeconomic situation in Mexico.
- MEXICO CITY, Mar 10, 2004 (CNI/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The well-known businessman Carlos Slim criticized the macroeconomic situation in the country Tuesday, saying that there was only an illusion that growth was occurring, while there was no real effect on GDP...
- Research articles 2004-03-10
- Grupo Carso sales up by 3.5% in 2003.
- Mexico, Feb 27, 2004 (El Economista/SABI via COMTEX) The accumulated sales of the Mexican conglomerate, Grupo Carso, which owns more than 80% of Grupo Sanborns, a majority stake in Sears Roebuck de Mexico, interests in cigarette maker Cigatam and railway operator Ferrosur, as well...
- Research articles 2004-03-01
- IEM to invest in transformer production.
- Mexico, Feb 20, 2004 (El Economista/SABI via COMTEX) IEM, the industrial motor and transformer division of Condumex, the industrial arm of Grupo Carso, plans to invest US$35mil in increasing its plant by 4000 square meters this year. This will serve to meet the demand...
- Research articles 2004-02-20
- Grupo Carso expected to present positive results for 4Q03.
- MEXICO CITY, Feb 19, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Carso is expected to present positive results for the last quarter of 2003, thanks to the recovery in its industrial sector after a long economic deceleration. However, net profits are...
- Research articles 2004-02-20
- Mexican conglomerates cut costs, sell off assets.
- Mexico, Jan 26, 2004 (El Economista/SABI via COMTEX) Mexican conglomerate companies such as Alfa, Desc, Grupo Carso and Vitro are currently in a phase in which they are being forced to not only reduce their costs, but also to sell of assets in areas of...
- Research articles 2004-01-27
- Sanborns takeoever of JC Penney in Mexico gets green light.
- Mexico, Jan 19, 2004 (El Economista/SABI via COMTEX) Less than one month after the announcement of the takeover by Sanborns, the subsidiary of Grupo Carso, of the US JC Penney company, the Mexican CFC Comision Federal de Competencia has given the go-ahead for the...
- Research articles 2004-01-20
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