Jose Cuervothe main producer of tequila worldwide, announced that it will increase its prices in the US market.
Similarly, the company is promoting its premium portfolio in the United States, Cuervo executives said in a conference with analysts on the occasion of its results for the first quarter of 2022.
In turn, the company expects to continue to be impacted by supply chain disruptions.
The company increased its volumes 11.4% in the first quarter in the Mexican market, while in the United States and Canada it decreased 2.6%, precisely due to the impact of disruptions in the supply chain and a difficult basis for comparison.
Alsea, the restaurant giant of Mexican origin, said that it has already received the resolution in which the Tax Administration Service (SAT) confirms that it must pay taxes derived from the acquisition of the restaurants that were owned by Walmart de México y Centroamérica.
The tax claim for the amount of 3,881 million pesos (approximately 190 million dollars) was announced by Alsea in February 2020 and now, after exhausting the processes in the SAT instances with the revocation appeal, it will file legal actions to challenge by judicial means.
Since Alsea communicated in 2020 that the public treasury claimed taxes on the acquisition of goods when it bought the Vips, El Portón, Ragazzi and La Finca brands and 362 stores from Walmex in 2014 for 8.2 billion dollars, it considered it inappropriate and even assured that it was not creating provisions for an eventual payment.
The Asociation Mexicana de Capital Privado (Amexcap), appointed Raúl Gallegos as its president for the period 2022-2024.
Gallegos is a civil engineer from the Anahuac University, has an MBA from Columbia University in New York and is currently Managing Director of the Swiss bank Credit Suisse.
Amexcap also renewed its board of directors, which for the first time includes three women with the arrivals of Paula Giraldo, CIO of Deetken; Barbara Ochoa, CEO of Grupo IGS; and Tessy Rivera, CFO of AINDA.
megacable, a telecommunications services provider in Mexico, said it will accelerate its capital investments in the coming years in order to fulfill its plan to double its size in the next four or five years.
The company will invest between 30 and 40% of its total sales in the period from 2022 to 2024 and even opened the door for the percentage to be greater than 40%, he detailed in his conference with investors and analysts, to have the infrastructure necessary to effect the expected growth.
Megacable plans to double the size of its sales and its operating flow by 2025, something that it will achieve thanks to growth in the main cities where it operates and its arrival in new cities.
The investments will be focused on infrastructure, fiber optics, networks and all the necessary components to reach its customers.
At the beginning Since the current administration, many company contracting procedures for government goods and services, such as those required by Pemex, have changed with respect to previous bidding processes. In some cases it happened that companies that in the past were sanctioned and disqualified for having committed irregularities, are awarded new contracts.
For example, the company Núcleo Sepec, part of a conglomerate of companies headed by Maclovio Yáñez Villagrán (which had already been disqualified for 10 years and fined 54 million dollars in the previous administration) was identified in January of this year by the Organ Internal Control (OIC) of Pemex, which found that he forged the signature of an official of the parastatal in a document certifying works carried out by that company for more than 100 million pesos.
A few months ago, the OIC opened the DGPEP-01-2022 investigation against Núcleo Sepec OFS, which is part of SEPEC, in which companies such as SEA Oilfield Services and Sepec Oilfield Services participate, and which the Public Administration sanctioned separately for having falsified information. In this administration they obtained direct awards in contracts 641009827, 641009825, 641009818, 641009836 and 648022600.