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Companies and markets

Companies

Edenor will not cut the light

François Roussely, president of Eléctricité de France (EDF), controlante of Edenor, said yesterday that the electrical groups "can play a role social" and alluded to their policy of not cutting the provision to particular clients who cannot pay their invoices in Argentina, as well as in Brazil or its country. In addition, it said that Edenor is "a healthy company", without management problems, but that undergoes the problems derived from the Argentine crisis, in individual of the devaluation of the weight.

Consulted on if he congeals the projects of investment in Argentina, where the EDF holder counts on generating plants, explained that at the moment of the outbreak of the crisis its company was not in a "phase of development, but of consolidation". It added that Edenor, that lost USS 296.8 million in the first trimester of the year, is doing "all the possible one" to reduce its indebtedness in dollars.

Ahold, with almost all Disc

Before the impossibility to face the payment of interests and capital of the debt in dollars of the supermarkets Disc, the Velox group had to almost yield the last week "the totality" of its 44% in that chain to its Dutch partner Ahold, according to an official notice of holding Argentine. Ahold elevated its participation from the 56 to 77%, whereas Velox contracted it of the 44 to the 23 percent.

They will have to invest in route 2

The Buenosairean government established yesterday by decree that the concessionary company of Railcar 2, Covisur, will have to reinvertir in the route the income superior to the established ones in the concession contract and mentioned like priority the extension from the access to Sea of the Silver.

Less note for TGN

The examining one of credit risk Standard & Poor´s (S&P) reduced yesterday the note of the debt titles series IV of Gas Transporter of Norte (TGN) by USS 46 million of "CC" to "D", after the company omitted the payment of interests and capital by USS 11.7 million those papers. TGN altogether had to USS 575.7 million to last March. S&P adjudged the performance of the company to the measures that the Government adopted in the first months of the year. Mainly, it indicated to the pesificación of tariffs and the depreciation of the weight, whereas the liabilities were name in dollars.

Marplatenses sewers

The constructors Benito Roggio and Hijos and Dycasa will let in the next days operate the plant of cloacal treatment of Sea of the Silver. Sanitary the Obras company will designate another temp operator until it is called to licitation.

Curtain invests in Repsol

The president of Repsol YPF, Alfonso Curtain, invested to this week more of USS 2.91 million in the purchase of 280,000 additional actions of the company, that very are depreciated.

Markets

Switzerland will eat Argentine meat

Switzerland authorized yesterday the import of originating deshuesadas bovine animal meats sacrificed in Argentina, after rising the prohibition by the sprout again of aftosa fever of the last year, according to it informed the National Service of Health and Agro-alimentary Quality (Senasa). The decision of Switzerland has immediate effect and includes the authorization to also sell meat to him with bone of sacrificed goat ovines and from 1 of March last in the Patagonia.

Tragamonedas in Cordova

The Lottery of Cordova is finishing the elaboration of the sheets to concesionar in next September the 1000 operation tragamonedas in the province, except the capital. Also the management of four or five biNgos in all the district will be adjudged, including the city of Cordova.

Weak people of patents

THE SILVER. - As of yesterday, the listing of the hundred of greater indebted is published in Internet of the tax to the automotive ones (patent) of the province of Buenos Aires, that altogether must to the state treasury more than $ 1.2 million. In the list, that appears in the page Web to www.ec.gba.gov.ar , they appear the identities of the indebted ones that were intimados to regularize their situation and they did not do it. Most important of the weak people it maintains a debt of more than $ 32,000, when applying him to it the interests and punitorios.

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