Plant With New Technology Boasts Energy, Environmental Efficiency. By Mauro Nogarin The cement company Cielo Azul began production at its new cement plant in Treinta y Tres, Uruguay, a project that employed more than 1,000 people. The investment made to date exceeds $140 million, 35% for equipment and 65% for services and labor. According to projections made by Cielo Azul,…
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Country Report: Cement Production in Uruguay Recovers
By Mauro Nogarin After registering six consecutive quarters of year-on-year declines, the Uruguayan Ministry of Economy ratified the official growth projection for the economy of the country: 3.5% in 2021, after registering a year-on-year decline in the first quarter of 2.8%. Among the indicators that confirm a better performance of the economy are tax collection, industrial production and the evolution…
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By Mauro Nogarin According to the information published in the new report by the Central Bank of Uruguay (BCU), in the second quarter of 2020, economic activity showed a very significant deterioration, registering a fall of 10.6% compared to the same period of 2019. This data constitutes the largest drop in quarterly national GDP since 1997.
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